BlackRock NJ Municipal Bond Svc (MSNJX)
| Fund Assets | 276.60M |
| Expense Ratio | 0.78% |
| Min. Investment | $5,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.41% |
| Dividend Growth | 1.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.15 |
| YTD Return | 0.52% |
| 1-Year Return | 0.31% |
| 5-Year Return | 3.15% |
| 52-Week Low | 9.64 |
| 52-Week High | 10.46 |
| Beta (5Y) | 0.27 |
| Holdings | 192 |
| Inception Date | Oct 2, 2006 |
About MSNJX
BlackRock New Jersey Municipal Bond Fund Service Shares is an actively managed municipal bond mutual fund focused on generating income that is exempt from federal income tax and New Jersey personal income tax. The fund primarily invests in long-term, investment‑grade municipal securities issued within New Jersey, maintaining at least 80% of assets in the state and a weighted average maturity exceeding ten years. Its portfolio spans revenue and general obligation bonds tied to sectors such as transportation, healthcare, utilities, and tobacco settlement financings, reflecting the state’s public finance landscape. Managed within the Muni New Jersey category, it distributes income monthly and targets moderate interest‑rate sensitivity typical of long‑duration muni strategies. The fund plays a role as a tax‑efficient income vehicle for investors seeking state‑specific municipal exposure, with characteristics including relatively low turnover and a non‑diversified structure that concentrates risk in New Jersey credits. According to third‑party fund data, key attributes include a mid‑tier expense profile, hundreds of holdings, and a long-standing track record since 2006, positioning it as a specialized option within the municipal bond market.
Performance
MSNJX had a total return of 0.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.09%.
Top 10 Holdings
25.30% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - MuniCash | MCSXX | 3.90% |
| NEW JERSEY ST EDL FACS AUTH REV | NJ.NJSEDU 5.25 03.01.2054 | 3.12% |
| NEW JERSEY ST TRANSN TR FD AUTH | NJ.NJSTRN 0 12.15.2032 | 2.78% |
| ESSEX CNTY N J IMPT AUTH REV | NJ.ESSGEN 4 11.01.2044 | 2.55% |
| NEW JERSEY ST TRANSN TR FD AUTH | NJ.NJSTRN 5.25 06.15.2055 | 2.52% |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV | NJ.NJSMED 3 07.01.2051 | 2.32% |
| UNION CNTY N J UTILS AUTH RESOURCE RECOVERY FAC LEASE REV | NJ.UNNUTL 5.25 12.01.2031 | 2.13% |
| NEW JERSEY ST TRANSN TR FD AUTH | NJ.NJSTRN 0 12.15.2035 | 2.12% |
| NEW JERSEY ST TRANSN TR FD AUTH | NJ.NJSTRN 0 12.15.2038 | 1.97% |
| NEW JERSEY ST TRANSN TR FD AUTH | NJ.NJSTRN 5.25 06.15.2050 | 1.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02954 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02974 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02966 | Jun 30, 2025 |
| May 30, 2025 | $0.02907 | May 30, 2025 |
| Apr 30, 2025 | $0.0294 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02872 | Mar 31, 2025 |