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Morningstar

BlackRock NJ Municipal Bond Svc MSNJX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 10.12  /  0.31 %
  • Total Assets 300.6 Mil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.820%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 3.12%
  • Effective Duration 6.83 years

USD | NAV as of May 30, 2023 | 1-Day Return as of May 30, 2023, 10:29 PM GMT+0

Morningstar’s Analysis MSNJX

Will MSNJX 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 MSNJX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MSNJX 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 MSNJX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Strength in BlackRock NJ Municipal Bond Svc's People Pillaris partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MSNJX

More MSNJX Holdings
  • Current Portfolio Date Apr 30, 2023
  • Equity Holdings 0
  • Bond Holdings 174
  • Other Holdings 6
  • % Assets in Top 10 Holdings 20.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity MuniCash Instl

8.41
25,740,390
Cash and Equivalents

GARDEN ST N J PRESERVATION TR OPEN SPACE & FARMLAND PRESERVATION

3.12
9,550,102
municipal

ESSEX CNTY N J IMPT AUTH REV

2.58
7,890,305
municipal

NEW JERSEY ST TRANSN TR FD AUTH

2.28
6,995,964
municipal

UNION CNTY N J UTILS AUTH RESOURCE RECOVERY FAC LEASE REV

2.04
6,260,965
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV

1.97
6,019,892
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV

1.76
5,392,912
municipal

NEW JERSEY ST TRANSN TR FD AUTH

1.71
5,237,508
municipal

NEW JERSEY INST TECHNOLOGY

1.71
5,233,986
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH

1.64
5,008,034
municipal