Middlesex Water Company

Frequently Asked Questions About MSEX

What does MSEX invest in?

Middlesex Water Company primarily delivers vital water and wastewater utility services, structured around two key business units. Its regulated operations are dedicated to the acquisition, treatment, and distribution of water to a broad spectrum of retail and wholesale clients, including residential, commercial, industrial, and fire protection users. This division also oversees regulated wastewater systems in both New Jersey and Delaware. Complementing this, the company's non-regulated segment furnishes contract-based services for the management and maintenance of municipal and private water and wastewater infrastructure within the same states. The firm, established in 1896, maintains its corporate headquarters in Iselin, New Jersey.

What is the expense ratio of MSEX?

An expense ratio for Middlesex Water Company (MSEX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is MSEX's dividend yield?

MSEX's trailing-twelve-month yield is 2.52%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MSEX?

Effective duration measures MSEX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MSEX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MSEX?

MSEX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MSEX?

Yield to maturity (YTM) is the total return you'd earn from MSEX if every bond in the portfolio is held to maturity at the current price. MSEX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.