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Morningstar

Nuveen NJ Municipal Bond I NMNJX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 10.48  /  0.01 %
  • Total Assets 421.4 Mil
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.580%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.85%
  • Effective Duration 8.49 years

USD | NAV as of Jun 02, 2023 | 1-Day Return as of Jun 02, 2023, 10:16 PM GMT+0

Morningstar’s Analysis NMNJX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Nuveen NJ Municipal Bond I's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NMNJX

More NMNJX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 266
  • Other Holdings 2
  • % Assets in Top 10 Holdings 14.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ST TRANSN TR FD AUTH 0%

2.66
11,020,008
municipal

NEW JERSEY INFRASTRUCTURE BK 5%

1.69
7,022,702
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

1.68
6,986,098
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5%

1.29
5,358,660
municipal

NEW JERSEY ST 4%

1.26
5,227,612
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV 5%

1.23
5,114,488
municipal

NEW JERSEY INFRASTRUCTURE BK 3%

1.23
5,100,357
municipal

PORT AUTH N Y & N J 3%

1.23
5,088,750
municipal

NEW JERSEY INFRASTRUCTURE BK 3%

1.20
4,992,147
municipal

NEW JERSEY ST HSG & MTG FIN AGY REV 2.3%

1.20
4,984,766
municipal