BlackRock New Jersey Municipal Bond Fund Investor C Shares (MFNJX)
| Fund Assets | 304.31M |
| Expense Ratio | 1.53% |
| Min. Investment | $1,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.68% |
| Dividend Growth | 5.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.31 |
| YTD Return | 1.20% |
| 1-Year Return | 4.41% |
| 5-Year Return | -0.61% |
| 52-Week Low | 9.42 |
| 52-Week High | 10.32 |
| Beta (5Y) | n/a |
| Holdings | 188 |
| Inception Date | Oct 2, 2006 |
About MFNJX
BlackRock New Jersey Municipal Bond Fund Investor C Shares is a mutual fund that primarily invests in a diversified portfolio of long-term, investment-grade municipal bonds issued by the state of New Jersey and its various municipalities. The fund’s main objective is to provide shareholders with income that is generally exempt from federal and New Jersey state personal income taxes, making it particularly relevant for investors seeking tax-advantaged income within the state. At least 80% of its assets are typically allocated to investment-grade New Jersey municipal securities, emphasizing credit quality and a weighted average maturity exceeding ten years. The fund holds securities across multiple sectors, such as education, transportation, healthcare, and utilities, reflecting New Jersey’s diverse economic base. Managed by BlackRock, one of the world’s largest asset managers, the fund leverages rigorous credit research and risk management. Its market role is to facilitate tax-efficient income solutions for residents of New Jersey, providing exposure to the state’s municipal bond market and supporting the financing of local infrastructure and essential public projects.
Performance
MFNJX had a total return of 4.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.60%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02214 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02319 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02333 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02318 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02382 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02324 | Aug 29, 2025 |