BNY Mellon New Jersey Municipal Bond A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
BNY Mellon New Jersey Municipal Bond Fund, Inc. Class A DRNJX
- NAV / 1-Day Return 11.85 / +0.08 %
- Total Assets 284.2M
-
Adj. Expense Ratio
0.840%
- Expense Ratio 0.830%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni New Jersey
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.88%
- Effective Duration —
USD | NAV as of Jun 16, 2026 | 1-Day Return as of Jun 16, 2026, 12:11 AM GMT+0
Morningstar’s Analysis DRNJX
Will DRNJX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the DRNJX 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 DRNJX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 30.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NEW JERSEY ST TRANSN TR FD AUTH 5% | 5.70 | 16M | municipal |
NEW JERSEY ST TRANSN TR FD AUTH | 3.88 | 11M | municipal |
NEW JERSEY ST TPK AUTH TPK REV 5.25% | 3.31 | 9M | municipal |
TOBACCO SETTLEMENT FING CORP N J 5.25% | 3.27 | 9M | municipal |
NEW JERSEY HEALTH CARE FACS FING AUTH REV 4% | 2.79 | 8M | municipal |
NEW JERSEY HEALTH CARE FACS FING AUTH REV 4% | 2.58 | 7M | municipal |
PORT AUTH N Y & N J 5% | 2.47 | 7M | municipal |
RAHWAY VALLEY N J SEW AUTH SWR REV | 2.30 | 7M | municipal |
NEW JERSEY HEALTH CARE FACS FING AUTH REV 5% | 2.10 | 6M | municipal |
NEW JERSEY ST EDL FACS AUTH REV 5% | 1.95 | 6M | municipal |