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NXJ (Nuveen New Jersey Quality Municipal Income Fund) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Nuveen New Jersey Quality Municipal Income Fund (NYSE: NXJ - Get Free Report) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $12.52 and traded as low as $12.30. Nuveen New Jersey Quality Municipal Income Fund shares last traded at $12.33, with a volume of 51,839
Nuveen New Jersey Quality Municipal Income Fund is a closed-end fund focused on high-quality, long-maturity New Jersey municipal bonds. NXJ's distribution yield is inflated by a significant return of capital, with the real income yield at 3.57%, making it less attractive for most investors. The fund's strategy of prioritizing high credit quality and long tenor exposes investors to interest rate risk without sufficient compensation in after-tax income.
CHICAGO--(BUSINESS WIRE)--The Boards of Trustees of Nuveen Missouri Quality Municipal Income Fund (NYSE: NOM), Nuveen New Jersey Quality Municipal Income Fund (NYSE: NXJ), Nuveen Pennsylvania Quality Municipal Income Fund (NYSE: NQP), and Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would combine NOM, NXJ, and NQP into NMZ. The mergers are intended to create a larger fund with increased.
NXJ offers a high, tax-exempt yield (8.5%) for NJ residents, making it attractive for retirees seeking income and tax efficiency. Recent underperformance is largely due to aggressive leverage in a high interest rate environment, but this could reverse with future rate cuts. The fund trades at a modest discount to NAV, and while distribution sustainability is questionable, a dividend cut may be necessary to preserve NAV.
Nuveen New Jersey Quality Municipal Income Fund (NXJ) is rated Strong Buy for NJ residents and Buy for others due to its tax-free status and 7.6% yield. The fund's portfolio focuses on high-quality, tax-exempt municipal bonds, with 80% in investment-grade securities and minimal exposure to non-investment-grade bonds. NXJ's effective duration of 12.7 years and 40% leverage ratio provide significant investment exposure, making it attractive when interest rates fall.
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.
On July 31, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, added 421,247 shares of Nuveen New Jersey Quality Municipal Income Fund ( NXJ , Financial) to its portfolio.
MUJ is the BlackRock MuniHoldings New Jersey Quality Fund. NXJ is the Nuveen New Jersey Quality Municipal Income Fund.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.