Blackrock Muniholdings New Jersey Quality Fund, Inc. Reports Earnings Results for the Half Year Ended January 31, 2019
April 05, 2019 at 08:55 pm IST
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BlackRock MuniHoldings New Jersey Quality Fund, Inc. announced earnings results for the half year ended January 31, 2019. For the half year, the company announced total revenue was USD 15.700 million. Net income was USD 6.807 million.
BlackRock MuniHoldings New Jersey Quality Fund, Inc. is a non-diversified closed-end management investment company. The Fundâs investment objective is to provide shareholders with current income exempt from federal income tax and New Jersey personal income taxes. It seeks to achieve its investment objective by investing primarily in long-term, investment-grade municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and New Jersey personal income taxes. It invests approximately 80% of its assets in investment-grade municipal obligations with remaining maturities of one year or more at the time of investment. The Fund may invest directly in securities or synthetically through the use of derivatives. It invests in various sectors, such as education, health, state, transportation, housing, corporate, and tobacco. The Fund's investment adviser is BlackRock Advisors, LLC.
BLACKROCK MUNIHOLDINGS NEW JERSEY QUALITY FUND, INC. 
