DZNJX

About DZNJX

BNY Mellon New Jersey Municipal Bond Fund, Inc. Class Z is an open‑end municipal bond mutual fund focused on generating tax‑exempt income for investors subject to U.S. federal and New Jersey state income taxes. The fund primarily invests in debt issued by New Jersey state and local entities, financing public projects such as transportation, health care facilities, and infrastructure, with notable exposure to issuers like the New Jersey Transportation Trust Fund Authority, the New Jersey Turnpike Authority, and the Port Authority of New York and New Jersey. Positioned within the New Jersey municipal category, it emphasizes preservation of capital while seeking a high level of current income, maintaining a portfolio largely composed of investment‑grade municipal securities. The strategy typically holds a diversified mix of revenue and general obligation bonds and keeps limited cash allocations, reflecting its income‑oriented mandate. Class Z is designated as an institutional share class with an expense ratio in the mid‑0.6% range and a modest turnover profile, aligning costs and trading activity with long‑term municipal bond investing. This fund serves investors looking for state‑specific tax efficiency and municipal market exposure.