BlackRock New Jersey Municipal Bond Fund Investor A Shares (MENJX)
| Fund Assets | 315.72M |
| Expense Ratio | 0.78% |
| Min. Investment | $1,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.35% |
| Dividend Growth | 3.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.16 |
| YTD Return | -0.02% |
| 1-Year Return | 4.29% |
| 5-Year Return | 4.00% |
| 52-Week Low | 9.65 |
| 52-Week High | 10.39 |
| Beta (5Y) | n/a |
| Holdings | 190 |
| Inception Date | Oct 2, 2006 |
About MENJX
BlackRock New Jersey Municipal Bond Fund Investor A Shares is a municipal bond mutual fund focused on providing income exempt from federal and New Jersey state personal income taxes. Its primary objective is to invest at least 80% of assets in long-term, investment-grade municipal bonds issued by entities within New Jersey, supporting projects such as transportation, healthcare, and local infrastructure. The fund is actively managed and emphasizes high-quality credit selection, with a commitment to thorough credit research and diversification across over 180 issuers. The fund is designed for investors seeking tax-advantaged income while gaining exposure to the New Jersey municipal bond market—a segment typically attractive to residents of the state due to the double tax exemption. With an effective duration of about 5.9 years and a tax-equivalent yield designed to compete with taxable fixed income alternatives, the fund balances risk and return through diversified holdings. Managed by a dedicated team, the fund has played a notable role in facilitating public financing within New Jersey’s economy through its selective participation in new and existing bond issues.
Performance
MENJX had a total return of 4.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.23%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03003 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02977 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0287 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02972 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02968 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0297 | Oct 31, 2025 |