Morningstar

BNY Mellon New Jersey Municipal Bond Fund, Inc. Class A DRNJX

Morningstar Medalist Rating
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Medalist Rating as of See BNY Mellon Investment Hub
  • NAV / 1-Day Return $11.37  /  +0.71 %
  • Fund Size $263.7M
  • Adjusted Expense Ratio 0.840%
  • Net Expense Ratio 0.830%
  • Fee Level: Distribution Above Average
  • Share Class Type Front Load
  • Morningstar Category Muni New Jersey
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.11%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis DRNJX

Will DRNJX outperform in the 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 DRNJX’s performance objective and investment process is for both security selection and portfolio construction.

  • 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

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.

by Morningstar Automated Analysis
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Portfolio Holdings DRNJX

More DRNJX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ST TRANSN TR FD AUTH 5%

5.59 15M
municipal

TOBACCO SETTLEMENT FING CORP N J 5.25%

3.44 9M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5.25%

3.36 9M
municipal

PORT AUTH N Y & N J 5%

2.66 7M
municipal

NEW JERSEY ST TRANSN TR FD AUTH

2.43 6M
municipal

RAHWAY VALLEY N J SEW AUTH SWR REV

2.43 6M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

2.01 5M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

1.98 5M
municipal

NEW JERSEY ST EDL FACS AUTH REV 5%

1.95 5M
municipal

New Jersey Transportation Trust Fund Authority

1.90 5M
Corporate

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