BlackRock MuniHoldings New Jersey Quality Fund, Inc. Declares Monthly Distribution, Payable on December 31, 2018
December 03, 2018 at 06:30 pm EST
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BlackRock MuniHoldings New Jersey Quality Fund, Inc. announced monthly distribution of $0.052500 per share. The dividend will be payable on December 31, 2018. Record date is December 13, 2018 and ex-date is December 12, 2018.
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.