MUJ - BlackRock MuniHoldings New Jersey Quality Fund

What this means for you

None of the investors we follow has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.

Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.

Email me if this changes

What happened, and when

1. Sept 10, 2026

   The fund said it will repay some borrowed money on Oct 2, 2026.

   Original document →

2. Feb 27, 2026

   The fund said it will repay some borrowed money on April 1, 2026.

   Original document →

3. Sept 11, 2025

   The fund said it will repay some borrowed money on Oct 11, 2025.

   Original document →

4. Feb 28, 2025

   The fund said it will repay some borrowed money on April 1, 2025.

   Original document →

5. Dec 13, 2024

   Bank of America Corp. sold down below 5% and stopped reporting.

   Original document →

About this fund

• Run by BlackRock Advisors, LLC. Part of the BlackRock-advised Funds fund family. As of July 31, 2026, from the fund's yearly report. Original document →
• Size: about $654 million of holdings, as of July 31, 2026. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 40% on top of its own money, as of July 31, 2026. Borrowed money makes gains and losses bigger. About 96% of that is money the fund has borrowed by selling preferred shares. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.5% a year in management fees; 3.1% a year in total, including interest on borrowed money. Fiscal year ended July 31, 2026. As of July 31, 2026, from the fund's yearly report. Original document →
  Among the 76 funds we follow that invest in tax-free municipal bonds, 9 charge a lower management fee and 39 charge less in total, at their last yearly reports. Both numbers are measured against the fund's own money, not the money it borrows on top, so a fund that borrows more shows higher costs on both counts.
• Payouts: last fiscal year (ended July 31, 2026) the fund paid $0.65 a share. $0.58 of that was income; $0.07 was your own money back, not income. Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of July 31, 2026, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (July 31, 2026): $12.29. The shares traded at $11.97, about 2.6% below that. As of July 31, 2026, from the fund's yearly report. Original document →
• How the holdings did: down 0.9% over the last three months we have (May-July 2026), before the share price is taken into account. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 1998.

How this has changed

• Payouts per share: $0.65 in the fiscal year ended July 31, 2026; $0.64 in the year ended July 31, 2025; $0.55 in the year ended July 31, 2024.As of July 31, 2026, from the fund's annual report. Original document →
• Of that, your own money back rather than income: $0.07 in the year ended July 31, 2026; $0.20 in the year ended July 31, 2025; $0.06 in the year ended July 31, 2024.As of July 31, 2026, from the fund's annual report. Original document →
• Costs, including interest on borrowed money: 3.13% a year in the fiscal year ended July 31, 2026; 3.37% a year in the year ended July 31, 2025; 3.64% a year in the year ended July 31, 2024.As of July 31, 2026, from the fund's annual report. Original document →
• Size of the holdings: about $654 million at July 31, 2026; $635 million at July 31, 2025; $695 million at July 31, 2024. From the fund's quarterly holdings reports. Original documents: July 31, 2026 →, July 31, 2025 →, July 31, 2024 →.
• Borrowing: about 40% on top of its own money at July 31, 2026; 41% at July 31, 2025; 39% at July 31, 2024. From the fund's quarterly holdings reports. Original documents: July 31, 2026 →, July 31, 2025 →, July 31, 2024 →.
• The fund had about 53.2 million shares at July 31, 2026, about the same as at July 31, 2024.As of July 31, 2026, from the fund's annual report. Original document →

What these lines mean: a payout that is your own money back, what a fund costs, borrowing.

What a holder made

• The year ended July 31, 2026: the shares returned +16.8%, counting payouts; the holdings +8.7%. The holdings figure is what the fund's investments earned, before the share price is taken into account. As of July 31, 2026, from the fund's annual report. Original document →
• The year ended July 31, 2025: the shares returned -1.1%, counting payouts; the holdings -3.4%. As of July 31, 2025, from the fund's annual report. Original document →
• The year ended July 31, 2024: the shares returned +8.5%, counting payouts; the holdings +5.3%. As of July 31, 2024, from the fund's annual report. Original document →
• The year ended July 31, 2023: the shares returned -12.2%, counting payouts; the holdings +0.5%. As of July 31, 2023, from the fund's annual report. Original document →
• The year ended July 31, 2022: the shares returned -9.9%, counting payouts; the holdings -12.1%. As of July 31, 2022, from the fund's annual report. Original document →
• Those five years together: the shares returned -0.9%. $10,000 of shares bought at the start (Aug 1, 2021) would have become about $9,910 by July 31, 2026, with every payout counted, before tax. As of July 31, 2026, from the fund's annual report. Original document →
• The holdings over the last twelve months we have, to July 31, 2026: +8.6%. The quarterly reports carry no share price, so this is the holdings alone. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Of the 33 funds that invest in tax-free municipal bonds with a fiscal year ending within six months of this one, 4 reported a higher share return for that year and 28 a lower one. As of July 31, 2026, from the fund's annual report. Original document →
• A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.

Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.

What the fund holds

Mostly tax-free municipal bonds (98%), the rest cash and short-term holdings. All of it issued in the U.S.

1. New Jersey Economic Development Authority - 12.3%
2. Union County Utilities Authority - 7.3%
3. New Jersey Transportation Trust Fund Authority, New Jersey St Transprtn Trust Fund Auth - 7.2%
4. New Jersey Turnpike Authority, New Jersey St Turnpike Auth Turnpike Revenue - 5.1%
5. New Jersey Educational Facilities Authority, New Jersey St Eductnl Facs Auth Revenue - 4.9%
6. Cash and short-term - 3.9%
7. New Jersey Health Care Facilities Financing Authority, New Jersey St Hlth Care Facs Fing Auth Revenue - 3.7%
8. Port Authority of New York & New Jersey, Port Auth of New York & New Jersey NY - 3.3%
9. New Jersey Higher Education Student Assistance Authority, New Jersey St Hgr Edu Assistance Auth Student Loan Revenue - 2.7%
10. Puerto Rico Sales Tax Financing Corp Sales Tax Revenue, Puerto Rico Sales Tax Fing Corp Sales Tax Revenue - 2.7%

As of July 31, 2026, from the fund's quarterly holdings report. Original document →