BlackRock New Jersey Municipal Bond Fund Class K (MKNJX)
| Fund Assets | 315.72M |
| Expense Ratio | 0.48% |
| Min. Investment | $5,000,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.47% |
| Dividend Growth | 3.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.15 |
| YTD Return | -0.08% |
| 1-Year Return | 4.50% |
| 5-Year Return | 5.11% |
| 52-Week Low | 9.64 |
| 52-Week High | 10.38 |
| Beta (5Y) | n/a |
| Holdings | 190 |
| Inception Date | Jan 25, 2018 |
About MKNJX
BlackRock New Jersey Municipal Bond Fund Class K is a mutual fund that specializes in investing primarily in long-term, investment-grade municipal bonds issued within the state of New Jersey. Its central purpose is to provide investors with a stream of income that is generally exempt from both federal income tax and New Jersey personal income tax. The fund maintains a portfolio that typically carries a weighted average maturity exceeding ten years, making it suitable for those seeking tax-advantaged income over the long term. Its holdings predominantly feature municipal securities backing essential public projects such as transportation, healthcare, and education infrastructure in New Jersey. Managed through rigorous credit research and a diversified approach, the fund aims to achieve attractive risk-adjusted returns while maintaining a high standard of credit quality. With over 190 holdings and a strong focus on New Jersey’s public sector, the fund plays a pivotal role in regional municipal finance and offers institutional investors exposure to the state’s tax-exempt bond market.
Performance
MKNJX had a total return of 4.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.38%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0326 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03211 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03128 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03229 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03217 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03227 | Oct 31, 2025 |