In plain terms — BlackRock MuniHoldings New Jersey Quality Fund
Shares currently trade at about the value of the assets behind them.
Over the past year it has averaged a 3.3% discount, so today's level is somewhat high for this fund (Z-score +1.4). That describes the past; it does not predict where the discount goes next.
It pays regular distributions worth about 5.7% a year of the share price (5.7% of the assets). That is a payout rate, not a return: part of it may be capital being handed back.
Because the shares trade above the value of their assets, each dollar of reinvested distributions buys about $1.00 of assets — a ReinvestCapture™ rate of 5.7%. That is buying power, not a return.
The assets themselves fell 4.9% over the past year including distributions (NAV total return).
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Price and NAV, past year
Snapshot
Valuation vs. history
| Window | Average prem/disc | Std. dev. | Z-score | Observations |
|---|---|---|---|---|
| 3 months | -0.84% | 1.20% | +0.77 | 55 |
| 6 months | -1.82% | 1.47% | +1.30 | 107 |
| 1 year | -3.26% | 2.38% | +1.41 | 209 |
| 3 years | -8.78% | — | — | — |
| 5 years | -8.39% | — | — | — |
Current contemporaneous premium/discount +0.09% (close Oct 14, 2026 vs NAV Oct 13, 2026). 1-year range -8.87% to +1.19%. A negative Z-score means a wider discount than the window average — not that the fund is undervalued.
Performance
| Series | 1M | 3M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) |
|---|---|---|---|---|---|---|
| Market price return | -6.03% | -9.07% | -5.63% | -3.69% | +3.63% | -6.24% |
| Market price total return | -5.59% | -7.84% | -1.79% | +1.61% | +9.22% | -1.33% |
| NAV return | -3.73% | -9.90% | -9.47% | -9.69% | -2.13% | -6.46% |
| NAV total return | -3.28% | -8.70% | -5.87% | -4.88% | +2.71% | -1.95% |
Through Oct 14, 2026. Total return reinvests distributions at the series value on the ex-date. Cumulative ≤ 1 year, annualised beyond.
About the fund
The BlackRock MuniHoldings New Jersey Quality Fund, Inc. is a closed-end mutual fund focusing on fixed income, established by BlackRock, Inc. and managed by BlackRock Advisors, LLC. This fund primarily allocates capital within the United States fixed income markets, with a particular emphasis on long-term, high-quality municipal bonds that provide tax-exempt income from both federal and New Jersey personal income taxes. Established in 1998 and domiciled in the U.S., it was previously known as the BlackRock MuniHoldings New Jersey Insured Fund.
CEF Explorer research page for BlackRock MuniHoldings New Jersey Quality Fund, Inc.. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.