BlackRock MuniHoldings New Jersey Quality Fund, Inc. Declares Monthly Distribution, Payable on December 1, 2016
November 01, 2016 at 04:30 pm EDT
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BlackRock MuniHoldings New Jersey Quality Fund, Inc. announced monthly distribution of $0.067500 per share. The distribution will be payable on December 1, 2016 to the shareholders of record on November 15, 2016. Ex-date is November 10, 2016.
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.