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Morningstar

BNY Mellon New Jersey Municipal Bond C DCNJX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 11.68  /  0.18 %
  • Total Assets 330.1 Mil
  • Adj. Expense Ratio
    1.600%
  • Expense Ratio 1.600%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.83%
  • Effective Duration —

USD | NAV as of Dec 05, 2023 | 1-Day Return as of Dec 05, 2023, 11:12 PM GMT+0

Morningstar’s Analysis DCNJX

Will DCNJX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DCNJX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the DCNJX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of DCNJX’s parent organization’s priorities and whether they’re in line with investors’ interests.

BNY Mellon New Jersey Municipal Bond C's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DCNJX

More DCNJX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 117
  • Other Holdings 2
  • % Assets in Top 10 Holdings 25.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

GARDEN ST N J PRESERVATION TR OPEN SPACE & FARMLAND PRESERVATION 5.75%

3.37
10,438,958
municipal

NEW JERSEY ST TRANSN TR FD AUTH

3.11
9,655,232
municipal

PORT AUTH N Y & N J 5%

3.01
9,340,098
municipal

NEW JERSEY ST TPK AUTH TPK REV 4%

2.60
8,053,111
municipal

NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5%

2.48
7,697,125
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5.5%

2.38
7,383,433
municipal

PORT AUTH N Y & N J 5%

2.29
7,099,888
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

2.21
6,839,564
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV 4%

2.18
6,757,874
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

2.13
6,609,638
municipal