BlackRock NJ Municipal Bond Instl holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
BlackRock New Jersey Municipal Bond Fund Institutional Shares MANJX
- NAV / 1-Day Return $9.76 / +0.83 %
- Fund Size $281.4M
- Adjusted Expense Ratio 0.530%
- Net Expense Ratio 0.570%
- Fee Level: Distribution Below Average
- Share Class Type Institutional
- Morningstar Category Muni New Jersey
- Fixed-Income Style Box (Funds) Medium/Moderate
- Minimum Initial Investment $2M
- Investment Status Open
- TTM Yield 4.02%
- Average Effective Duration 6.81 yrs
Morningstar’s Analysis MANJX
Will MANJX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NEW JERSEY ST TRANSN TR FD AUTH | 2.70 | 8M | municipal |
NEW JERSEY ST HIGHER ED ASSISTANCE AUTH STUD LN | 2.63 | 7M | municipal |
UNION CNTY N J UTILS AUTH RESOURCE RECOVERY FAC LEASE REV | 2.06 | 6M | municipal |
NEW JERSEY ST TRANSN TR FD AUTH | 2.06 | 6M | municipal |
NEW JERSEY ST TRANSN TR FD AUTH | 1.95 | 5M | municipal |
NEW JERSEY HEALTH CARE FACS FING AUTH REV | 1.94 | 5M | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV | 1.89 | 5M | municipal |
NEW JERSEY ST TRANSN TR FD AUTH | 1.83 | 5M | municipal |
MIDDLESEX CNTY N J IMPT AUTH LEASE REV | 1.83 | 5M | municipal |
NEW JERSEY ST TRANSN TR FD AUTH | 1.82 | 5M | municipal |