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Address And Details

40 East 52nd Street , New York, NY 10022
Fund Manager Theodore R. Jaeckel Jr.
Manager Tenure 15 Years 7 Months

Strategy And Objective

The investment objective of BlackRock New Jersey Municipal Bond Fund (the New Jersey Fund or the Fund ) is to provide shareholders with income exempt from Federal income tax and New Jersey personal income taxes. The Fund invests primarily in a portfolio of long-term investment grade New Jersey municipal bonds. New Jersey municipal bonds are debt obligations issued by or on behalf of a governmental entity in New Jersey or other qualifying issuer that pay interest that, in the opinion of bond counsel, is excludable from gross income for Federal income tax purposes (except that interest may be includable in taxable income for purposes of the Federal alternative minimum tax) and exempt from New Jersey personal income taxes. These bonds may be obligations of a variety of issuers including governmental entities in New Jersey and issuers located in Puerto Rico, the U.S. Virgin Islands and Guam. Under normal circumstances, the Fund will invest at least 80% of its assets in New Jersey municipal bonds. At least 80% of the Fund s assets will be invested in investment grade securities.

Net Asset Value

as of 5:13 PM ET 05/20/2022

Performance

  • 1 Week
  • -0.39%
  • 1 Month
  • -3.26%
  • 3 Months
  • -9.01%
  • 1 Yr Return
  • -12.78%
  • 5 Yr Return
  • -8.18%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 96.69%
Cash 7.67%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -4.37%
Total Net Assets 110.02 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.18 0.05 -0.73
Beta 1.26 1.21 1.24
R Squared 0.91 0.90 0.92
Std Deviation 6.62 5.34 5.06
Sharpe Ratio -0.03 0.20 n/a

Purchase Information

as of 5:15 PM ET 05/19/2022
Minimum Initial $1000
Minimum Additional $50
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -8.26%
  • -4.43%
-8.26% -4.43%
3 Year
  • +0.20%
  • +1.42%
+0.20% +1.42%
10 Year
  • +2.63%
  • +3.06%
+2.63% +3.06%
Life Of Fund
  • +3.43%
  • +3.65%
+3.43% +3.65%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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