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Nuveen NJ Municipal Bond A NNJAX

Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 10.62  /  +0.20 %
  • Total Assets 391.8 Mil
  • Adj. Expense Ratio
    0.790%
  • Expense Ratio 0.840%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 2.86%
  • Effective Duration 8.14 years

USD | NAV as of Feb 23, 2024 | 1-Day Return as of Feb 23, 2024, 11:18 PM GMT+0

Morningstar’s Analysis NNJAX

Will NNJAX outperform in future?

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

Nuveen NJ Municipal Bond A's Average Process Pillar and People Pillar ratings result in 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.

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Portfolio Holdings NNJAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 16.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW JERSEY ST TRANSN TR FD AUTH 0%

3.01 11.5 Mil
municipal

NEW JERSEY INFRASTRUCTURE BK 5%

1.84 7.0 Mil
municipal

HUDSON CNTY N J IMPT AUTH LEASE REV 5%

1.75 6.7 Mil
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

1.48 5.7 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

1.37 5.3 Mil
municipal

PORT AUTH N Y & N J 3%

1.34 5.1 Mil
municipal

BRIDGEWATER & RARITAN N J SCH DIST 4%

1.33 5.1 Mil
municipal

NEW JERSEY INFRASTRUCTURE BK 3%

1.32 5.1 Mil
municipal

NEW JERSEY INFRASTRUCTURE BK 3%

1.30 5.0 Mil
municipal

NEW JERSEY ST HSG & MTG FIN AGY REV 2.3%

1.28 4.9 Mil
municipal