Nuveen New Jersey Municipal Bond Fund Class C (NJCCX)
| Fund Assets | 345.73M |
| Expense Ratio | 1.62% |
| Min. Investment | $3,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.44% |
| Dividend Growth | 1.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.10 |
| YTD Return | -1.80% |
| 1-Year Return | -1.48% |
| 5-Year Return | -3.75% |
| 52-Week Low | 9.87 |
| 52-Week High | 10.70 |
| Beta (5Y) | n/a |
| Holdings | 243 |
| Inception Date | Feb 10, 2014 |
About NJCCX
Nuveen New Jersey Municipal Bond Fund Class C is a mutual fund focused on providing investors with a high level of current interest income that is exempt from regular federal and New Jersey state income taxes. The fund primarily invests at least 80% of its net assets in investment-grade municipal bonds issued by the State of New Jersey and its subdivisions, authorities, and instrumentalities. These holdings help support various public infrastructure and development projects within New Jersey, including transportation, housing, environmental, and local government initiatives. The fund is managed with an emphasis on capital preservation while offering monthly dividend distributions. A portion of its assets may be allocated to below investment grade bonds to enhance yield. Nuveen New Jersey Municipal Bond Fund Class C plays a role in the municipal bond sector by catering to investors seeking tax-efficient income, particularly those living in or subject to New Jersey taxes, making it significant for tax-conscious investors looking to support local development and benefit from municipal bond market stability.
Performance
NJCCX had a total return of -1.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.16%.
Top 10 Holdings
16.74% of assets| Name | Symbol | Weight |
|---|---|---|
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation Series 2010A | n/a | 3.68% |
| New Jersey Infrastructure Bank, Environmental Infrastructure Bonds, Green Series 2022A-2 | NJ.NJSENV 5 09.01.2047 | 2.04% |
| Hudson County Improvement Authority, New Jersey, County Secured Lease Revenue Bonds, Hudson County Vocational Technical Schools Project, Series 2016 | NJ.HUDGEN 5 05.01.2046 | 1.72% |
| Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018B | n/a | 1.47% |
| Salem County Pollution Control Financing Authority, New Jersey, Revenue Bonds, Atlantic City Electric Company Project, Refunding Series 2020 | NJ.SALPOL 2.25 06.01.2029 | 1.44% |
| New Jersey Housing and Mortgage Finance Agency, Single Family Housing Revenue Bonds, Social Series 2021H | n/a | 1.37% |
| New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American Water Company Inc. Project, Refunding Series 2019A | NJ.NJSWTR 10.01.2039 | 1.36% |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series 2006C | n/a | 1.26% |
| New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement Revenue Notes, Series 2018A | n/a | 1.22% |
| New Jersey Economic Development Authority, New Jersey, Transit Transportation Project Revenue Bonds, Portal North Bridge Project Series 2022A | n/a | 1.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0205 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0205 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0205 | Jul 1, 2025 |
| May 30, 2025 | $0.0205 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0205 | May 1, 2025 |
| Mar 31, 2025 | $0.0205 | Apr 1, 2025 |