Skip to Content

BNY Mellon New Jersey Municipal Bond A DRNJX

Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 11.84  /  +0.02 %
  • Total Assets 326.6 Mil
  • Adj. Expense Ratio
    0.810%
  • Expense Ratio 0.810%
  • Distribution Fee Level Average
  • 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 2.57%
  • Effective Duration

USD | NAV as of Mar 02, 2024 | 1-Day Return as of Mar 02, 2024, 12:28 AM GMT+0

Morningstar’s Analysis DRNJX

Will DRNJX outperform in future?

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

Strength in BNY Mellon New Jersey Municipal Bond A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

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 second-highest quintile among peers.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings DRNJX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 25.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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

3.32 10.8 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH

3.18 10.3 Mil
municipal

NEW JERSEY ST TPK AUTH TPK REV 4%

2.81 9.1 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5%

2.63 8.5 Mil
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV 4%

2.32 7.5 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

2.26 7.3 Mil
municipal

PORT AUTH N Y & N J 5%

2.24 7.3 Mil
municipal

PORT AUTH N Y & N J 5%

2.21 7.2 Mil
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

2.21 7.2 Mil
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

2.18 7.1 Mil
municipal