STATEMENT OF INVESTMENTS
BNY Mellon New Jersey Municipal Bond Fund, Inc.
September 30, 2021 (Unaudited)
| | | | | | | | | | |
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Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% | | | | | |
New Jersey - 83.3% | | | | | |
Bayonne, GO, Refunding (Insured; Build America Mutual) | | 5.00 | | 7/1/2026 | | 1,000,000 | a | 1,205,381 | |
East Orange Board of Education, COP (Insured; Assured Guaranty Municipal Corp.) | | 0.00 | | 2/1/2028 | | 2,345,000 | b | 2,134,518 | |
East Orange Board of Education, COP (Insured; Assured Guaranty Municipal Corp.) | | 0.00 | | 2/1/2026 | | 745,000 | b | 709,953 | |
Essex County Improvement Authority, Revenue Bonds (Friends of TEAM Academy Charter School Obligated Group) | | 4.00 | | 6/15/2056 | | 3,030,000 | | 3,340,451 | |
Garden Preservation Trust, Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.75 | | 11/1/2028 | | 10,000,000 | | 12,281,472 | |
Hudson County Improvement Authority, Revenue Bonds | | 5.00 | | 5/1/2046 | | 2,500,000 | | 2,920,183 | |
Hudson County Improvement Authority, Revenue Bonds (Insured; National Public Finance Guarantee Corp.) Ser. A1 | | 0.00 | | 12/15/2034 | | 3,000,000 | b | 2,279,506 | |
Hudson County Improvement Authority, Revenue Bonds, Refunding (Insured; County Guaranteed) | | 4.00 | | 1/1/2036 | | 1,250,000 | | 1,464,749 | |
Hudson County Improvement Authority, Revenue Bonds, Refunding (Insured; County Guaranteed) | | 4.00 | | 1/1/2037 | | 2,000,000 | | 2,337,605 | |
Irvington Township, GO, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.00 | | 7/15/2032 | | 2,000,000 | | 2,239,819 | |
Jersey City, GO, Refunding, Ser. A | | 5.00 | | 11/1/2033 | | 400,000 | | 488,643 | |
Middletown Township Board of Education, GO, Refunding (Insured; School Bond Reserve Fund) | | 5.00 | | 8/1/2026 | | 3,175,000 | | 3,817,064 | |
Monroe Township Board of Education, GO, Refunding (Insured; School Bond Reserve Fund) | | 5.00 | | 3/1/2025 | | 1,250,000 | a | 1,445,373 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
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Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New Jersey - 83.3% (continued) | | | | | |
New Brunswick Parking Authority, Revenue Bonds, Refunding (Insured; Build America Mutual) Ser. A | | 5.00 | | 9/1/2035 | | 2,000,000 | | 2,376,038 | |
New Jersey, GO (COVID-19 Emergency Bonds) Ser. A | | 4.00 | | 6/1/2031 | | 1,000,000 | | 1,229,695 | |
New Jersey Economic Development Authority, Revenue Bonds (Beloved Community Charter School Project) Ser. A | | 5.00 | | 6/15/2054 | | 725,000 | c | 782,119 | |
New Jersey Economic Development Authority, Revenue Bonds (Beloved Community Charter School Project) Ser. A | | 5.00 | | 6/15/2049 | | 1,105,000 | c | 1,195,241 | |
New Jersey Economic Development Authority, Revenue Bonds (Charter Foundation Academy Charter School Project) Ser. A | | 5.00 | | 7/1/2050 | | 1,000,000 | | 1,142,152 | |
New Jersey Economic Development Authority, Revenue Bonds (The Goethals Bridge Replacement Project) | | 5.38 | | 1/1/2043 | | 3,500,000 | | 3,867,397 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding | | 5.00 | | 6/15/2024 | | 3,000,000 | | 3,090,078 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding | | 5.00 | | 6/15/2028 | | 3,625,000 | | 3,729,873 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (American Water Co.) Ser. A | | 2.20 | | 12/3/2029 | | 3,000,000 | d | 3,152,342 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (Cranes Mill Project) | | 5.00 | | 1/1/2049 | | 2,000,000 | | 2,260,058 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (Insured; American Municipal Bond Assurance Corp.) | | 0.00 | | 1/1/2022 | | 6,000,000 | b | 5,994,850 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (Insured; National Public Finance Guarantee Corp.) Ser. N1 | | 5.50 | | 9/1/2027 | | 10,000,000 | | 12,662,712 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (New Jersey Natural Gas Company Project) | | 3.00 | | 8/1/2043 | | 3,500,000 | | 3,562,125 | |
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| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New Jersey - 83.3% (continued) | | | | | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (New Jersey Natural Gas Company Project) | | 3.50 | | 4/1/2042 | | 2,000,000 | | 2,071,661 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (New Jersey Natural Gas Company Project) | | 2.45 | | 4/1/2026 | | 2,250,000 | d | 2,352,451 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (Port Newark Container Terminal) | | 5.00 | | 10/1/2047 | | 7,500,000 | | 8,586,714 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding (Provident Group-Montclair Properties) (Insured; Assured Guaranty Municipal Corp.) | | 5.00 | | 6/1/2042 | | 1,000,000 | | 1,183,316 | |
New Jersey Economic Development Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 7/1/2033 | | 1,000,000 | | 1,186,376 | |
New Jersey Economic Development Authority, Revenue Bonds, Ser. A | | 6.25 | | 7/1/2024 | | 75,000 | | 75,283 | |
New Jersey Educational Facilities Authority, Revenue Bonds (Green Bond) Ser. A | | 4.00 | | 7/1/2050 | | 3,000,000 | | 3,388,137 | |
New Jersey Educational Facilities Authority, Revenue Bonds (Insured; Assured Guaranty Municipal Corp.) Ser. C | | 4.00 | | 7/1/2050 | | 1,000,000 | | 1,128,536 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding (Ramapo College of New Jersey) (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.00 | | 7/1/2034 | | 2,000,000 | | 2,406,140 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding (Ramapo College of New Jersey) Ser. B | | 5.00 | | 7/1/2042 | | 3,000,000 | | 3,089,580 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding (Stockton University) (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.00 | | 7/1/2035 | | 1,600,000 | | 1,879,026 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding (The William Paterson University) (Insured; Build America Mutual) Ser. E | | 5.00 | | 7/1/2030 | | 2,025,000 | | 2,385,170 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
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| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New Jersey - 83.3% (continued) | | | | | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding (The William Paterson University) Ser. C | | 5.00 | | 7/1/2029 | | 2,130,000 | | 2,412,024 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding (The William Paterson University) Ser. C | | 5.00 | | 7/1/2030 | | 2,255,000 | | 2,549,348 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding (The William Paterson University) Ser. C | | 5.00 | | 7/1/2022 | | 2,165,000 | | 2,238,893 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 3/1/2038 | | 4,470,000 | | 5,874,033 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding, Ser. F | | 4.00 | | 7/1/2035 | | 1,365,000 | | 1,522,282 | |
New Jersey Educational Facilities Authority, Revenue Bonds, Refunding, Ser. F | | 4.00 | | 7/1/2026 | | 385,000 | a | 445,124 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds (AtlantiCare Health System Obligated Group) | | 4.00 | | 7/1/2035 | | 750,000 | | 905,396 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds (Inspira Health Obligated Group) | | 5.00 | | 7/1/2042 | | 3,500,000 | | 4,188,842 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds (RWJ Barnabas Health Obligated Group) | | 4.00 | | 7/1/2051 | | 4,000,000 | | 4,646,106 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds (Valley Health System Obligated Group) | | 4.00 | | 7/1/2035 | | 1,000,000 | | 1,172,916 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds (Valley Health System Obligated Group) | | 5.00 | | 7/1/2034 | | 2,000,000 | | 2,523,802 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding | | 5.00 | | 7/1/2039 | | 2,000,000 | | 2,377,171 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (AHS Hospital Corp.) | | 4.00 | | 7/1/2041 | | 7,500,000 | | 8,329,285 | |
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Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New Jersey - 83.3% (continued) | | | | | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (AHS Hospital Corp.) Ser. A | | 5.00 | | 7/1/2027 | | 350,000 | | 351,286 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (Hackensack Meridian Health Obligated Group) Ser. A | | 5.00 | | 7/1/2039 | | 1,500,000 | | 1,800,033 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (Inspira Health Obligated Group) Ser. A | | 4.00 | | 7/1/2041 | | 3,250,000 | | 3,568,726 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (Inspira Health Obligated Group) Ser. A | | 5.00 | | 7/1/2046 | | 3,000,000 | | 3,439,450 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (Insured; National Public Finance Guarantee Corp.) Ser. B | | 0.00 | | 7/1/2023 | | 2,280,000 | b | 2,266,156 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (Meridian Health System Obligated Group) | | 5.00 | | 7/1/2023 | | 2,500,000 | | 2,589,038 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (Meridian Health System Obligated Group) | | 5.00 | | 7/1/2026 | | 1,000,000 | | 1,034,741 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (RWJ Barnabas Health Obligated Group) Ser. A | | 5.00 | | 7/1/2043 | | 3,500,000 | | 4,142,178 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (RWJ Barnabas Health Obligated Group) Ser. B3 | | 5.00 | | 7/1/2026 | | 6,000,000 | d | 7,186,741 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (St. Joseph's Healthcare System Obligated Group) | | 5.00 | | 7/1/2036 | | 2,790,000 | | 3,248,004 | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (St. Joseph's Healthcare System Obligated Group) | | 5.00 | | 7/1/2041 | | 1,000,000 | | 1,152,126 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
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Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New Jersey - 83.3% (continued) | | | | | |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Refunding (University Hospital) (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.00 | | 7/1/2046 | | 2,000,000 | | 2,285,142 | |
New Jersey Higher Education Student Assistance Authority, Revenue Bonds, Refunding, Ser. C | | 3.63 | | 12/1/2049 | | 2,750,000 | | 2,822,305 | |
New Jersey Higher Education Student Assistance Authority, Revenue Bonds, Ser. 1A | | 5.00 | | 12/1/2027 | | 1,050,000 | | 1,245,288 | |
New Jersey Higher Education Student Assistance Authority, Revenue Bonds, Ser. B | | 5.00 | | 12/1/2029 | | 1,415,000 | | 1,779,849 | |
New Jersey Housing & Mortgage Finance Agency, Revenue Bonds, Refunding, Ser. A | | 3.75 | | 10/1/2035 | | 1,420,000 | | 1,537,914 | |
New Jersey Housing & Mortgage Finance Agency, Revenue Bonds, Ser. H | | 5.00 | | 10/1/2028 | | 485,000 | | 602,954 | |
New Jersey Housing & Mortgage Finance Agency, Revenue Bonds, Ser. H | | 5.00 | | 4/1/2028 | | 325,000 | | 401,386 | |
New Jersey Infrastructure Bank, Revenue Bonds (Green Bond) | | 3.00 | | 9/1/2038 | | 3,075,000 | | 3,411,845 | |
New Jersey Infrastructure Bank, Revenue Bonds, Refunding (Green Bond) (Insured; Municipal Government Guaranteed) Ser. AR2 | | 4.00 | | 9/1/2023 | | 10,000 | | 10,706 | |
New Jersey Infrastructure Bank, Revenue Bonds, Refunding (Green Bond) (Insured; Municipal Government Guaranteed) Ser. AR2 | | 4.00 | | 9/1/2023 | | 2,085,000 | | 2,236,268 | |
New Jersey Institute of Technology, Revenue Bonds, Ser. A | | 5.00 | | 7/1/2031 | | 3,385,000 | | 3,849,069 | |
New Jersey Institute of Technology, Revenue Bonds, Ser. A | | 5.00 | | 7/1/2022 | | 295,000 | a | 305,556 | |
New Jersey Transportation Trust Fund Authority, Revenue Bonds | | 5.00 | | 6/15/2046 | | 2,800,000 | | 3,410,496 | |
New Jersey Transportation Trust Fund Authority, Revenue Bonds | | 5.25 | | 6/15/2043 | | 3,500,000 | | 4,354,164 | |
New Jersey Transportation Trust Fund Authority, Revenue Bonds (Insured; American Municipal Bond Assurance Corp.) Ser. C | | 0.00 | | 12/15/2024 | | 1,000,000 | b | 973,209 | |
New Jersey Transportation Trust Fund Authority, Revenue Bonds (Insured; Build America Mutual) Ser. A | | 0.00 | | 12/15/2038 | | 6,330,000 | b | 4,256,308 | |
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Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New Jersey - 83.3% (continued) | | | | | |
New Jersey Transportation Trust Fund Authority, Revenue Bonds (Insured; Build America Mutual) Ser. A | | 0.00 | | 12/15/2028 | | 12,000,000 | b | 10,778,551 | |
New Jersey Transportation Trust Fund Authority, Revenue Bonds, Refunding | | 5.00 | | 12/15/2031 | | 4,600,000 | | 5,819,542 | |
New Jersey Transportation Trust Fund Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 12/15/2036 | | 6,745,000 | | 8,334,225 | |
New Jersey Transportation Trust Fund Authority, Revenue Bonds, Refunding, Ser. A | | 5.50 | | 12/15/2023 | | 7,000,000 | | 7,783,801 | |
New Jersey Turnpike Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.25 | | 1/1/2027 | | 3,000,000 | | 3,710,757 | |
New Jersey Turnpike Authority, Revenue Bonds, Refunding, Ser. B | | 5.00 | | 1/1/2040 | | 1,000,000 | | 1,220,115 | |
New Jersey Turnpike Authority, Revenue Bonds, Refunding, Ser. E | | 5.00 | | 1/1/2031 | | 2,500,000 | | 3,109,089 | |
New Jersey Turnpike Authority, Revenue Bonds, Refunding, Ser. G | | 5.00 | | 1/1/2035 | | 1,000,000 | | 1,233,054 | |
New Jersey Turnpike Authority, Revenue Bonds, Ser. A | | 4.00 | | 1/1/2042 | | 5,000,000 | | 5,877,551 | |
New Jersey Turnpike Authority, Revenue Bonds, Ser. A | | 5.00 | | 1/1/2034 | | 2,000,000 | | 2,239,605 | |
New Jersey Turnpike Authority, Revenue Bonds, Ser. A1 | | 5.00 | | 1/1/2035 | | 1,500,000 | | 1,801,128 | |
New Jersey Turnpike Authority, Revenue Bonds, Ser. A1 | | 5.00 | | 1/1/2031 | | 2,500,000 | | 3,015,372 | |
New Jersey Turnpike Authority, Revenue Bonds, Ser. E | | 5.00 | | 1/1/2045 | | 4,000,000 | | 4,545,087 | |
Newark, GO, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.00 | | 10/1/2028 | | 750,000 | | 931,272 | |
Ocean County, GO, Ser. A | | 3.00 | | 8/1/2033 | | 2,145,000 | | 2,412,941 | |
Rutgers University, Revenue Bonds, Refunding, Ser. J | | 5.00 | | 5/1/2023 | | 4,500,000 | a | 4,840,231 | |
Rutgers University, Revenue Bonds, Refunding, Ser. M | | 5.00 | | 5/1/2034 | | 1,600,000 | | 1,887,978 | |
Salem County Pollution Control Financing Authority, Revenue Bonds, Refunding (Chambers Project) Ser. A | | 5.00 | | 12/1/2023 | | 615,000 | | 646,145 | |
South Jersey Port Corp., Revenue Bonds, Ser. B | | 5.00 | | 1/1/2048 | | 2,830,000 | | 3,326,756 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
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| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New Jersey - 83.3% (continued) | | | | | |
South Jersey Port Corp., Revenue Bonds, Ser. B | | 5.00 | | 1/1/2042 | | 1,500,000 | | 1,775,089 | |
South Jersey Port Corp., Revenue Bonds, Ser. P2 | | 5.75 | | 1/1/2023 | | 4,000,000 | | 4,013,304 | |
South Jersey Transportation Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 11/1/2023 | | 4,250,000 | | 4,462,767 | |
South Jersey Transportation Authority, Revenue Bonds, Ser. A | | 4.00 | | 11/1/2050 | | 1,000,000 | | 1,129,462 | |
The Atlantic County Improvement Authority, Revenue Bonds (Stockton University) (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.00 | | 7/1/2048 | | 3,000,000 | | 3,451,252 | |
The Camden County Improvement Authority, Revenue Bonds (Cooper Health System Obligated Group) | | 5.75 | | 2/15/2042 | | 5,000,000 | | 5,290,740 | |
The Camden County Improvement Authority, Revenue Bonds (Insured; County Guaranteed) Ser. A | | 5.00 | | 1/15/2032 | | 2,695,000 | | 3,170,197 | |
The Camden County Improvement Authority, Revenue Bonds (Insured; County Guaranteed) Ser. A | | 5.00 | | 1/15/2031 | | 3,000,000 | | 3,531,748 | |
The Camden County Improvement Authority, Revenue Bonds, Refunding (Cooper Health System Project) | | 5.00 | | 2/15/2034 | | 1,000,000 | | 1,087,577 | |
The Camden County Improvement Authority, Revenue Bonds, Refunding (Rowan University Foundation Project) (Insured; Build America Mutual) Ser. A | | 5.00 | | 7/1/2035 | | 5,165,000 | | 6,643,371 | |
The Gloucester County Improvement Authority, Revenue Bonds (Rowan University) (Insured; Build American Mutual) | | 4.00 | | 7/1/2046 | | 725,000 | | 842,159 | |
The Gloucester County Improvement Authority, Revenue Bonds (Rowan University) (Insured; Build American Mutual) | | 4.00 | | 7/1/2051 | | 1,200,000 | | 1,388,163 | |
The Gloucester County Improvement Authority, Revenue Bonds, Refunding (Rowan University Foundation Project) (Insured; Assured Guaranty Municipal Corp.) Ser. A | | 5.00 | | 11/1/2030 | | 1,000,000 | | 1,190,476 | |
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| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New Jersey - 83.3% (continued) | | | | | |
The Gloucester County Industrial Pollution Control Financing Authority, Revenue Bonds, Refunding, Ser. A | | 5.00 | | 12/1/2024 | | 680,000 | | 726,314 | |
The Monmouth County Improvement Authority, Revenue Bonds, Refunding (Insured; County Guaranteed) | | 5.00 | | 2/15/2031 | | 625,000 | | 758,675 | |
The Rahway Valley Sewerage Authority, Revenue Bonds (Insured; National Public Finance Guarantee Corp.) Ser. A | | 0.00 | | 9/1/2030 | | 7,550,000 | b | 6,577,594 | |
Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. A | | 5.25 | | 6/1/2046 | | 3,850,000 | | 4,647,632 | |
Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. B | | 3.20 | | 6/1/2027 | | 3,050,000 | | 3,106,120 | |
Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. B | | 5.00 | | 6/1/2046 | | 5,000,000 | | 5,862,461 | |
| | 348,056,248 | |
New York - 13.4% | | | | | |
Port Authority of New York & New Jersey, Revenue Bonds, Refunding, Ser. 186 | | 5.00 | | 10/15/2044 | | 9,730,000 | | 10,791,446 | |
Port Authority of New York & New Jersey, Revenue Bonds, Refunding, Ser. 197 | | 5.00 | | 11/15/2033 | | 7,000,000 | | 8,373,886 | |
Port Authority of New York & New Jersey, Revenue Bonds, Refunding, Ser. 212 | | 4.00 | | 9/1/2038 | | 2,000,000 | | 2,342,040 | |
Port Authority of New York & New Jersey, Revenue Bonds, Refunding, Ser. 222 | | 4.00 | | 7/15/2038 | | 3,000,000 | | 3,546,776 | |
Port Authority of New York & New Jersey, Revenue Bonds, Refunding, Ser. 222 | | 4.00 | | 7/15/2037 | | 3,000,000 | | 3,555,579 | |
Port Authority of New York & New Jersey, Revenue Bonds, Refunding, Ser. 222 | | 5.00 | | 7/15/2034 | | 2,010,000 | | 2,600,523 | |
Port Authority of New York & New Jersey, Revenue Bonds, Ser. 172 | | 5.00 | | 10/1/2033 | | 5,000,000 | | 5,115,210 | |
Port Authority of New York & New Jersey, Revenue Bonds, Ser. 178 | | 5.00 | | 12/1/2024 | | 2,000,000 | | 2,202,169 | |
Port Authority of New York & New Jersey, Revenue Bonds, Ser. 184 | | 5.00 | | 9/1/2032 | | 3,000,000 | | 3,396,504 | |
Port Authority of New York & New Jersey, Revenue Bonds, Ser. 185 | | 5.00 | | 9/1/2031 | | 2,270,000 | | 2,537,069 | |
Port Authority of New York & New Jersey, Revenue Bonds, Ser. 218 | | 5.00 | | 11/1/2049 | | 6,900,000 | | 8,399,990 | |
STATEMENT OF INVESTMENTS (Unaudited) (continued)
| | | | | | | | | | |
| |
Description | Coupon
Rate (%) | | Maturity Date | | Principal Amount ($) | | Value ($) | |
Long-Term Municipal Investments - 99.1% (continued) | | | | | |
New York - 13.4% (continued) | | | | | |
Port Authority of New York & New Jersey, Revenue Bonds, Ser. 93 | | 6.13 | | 6/1/2094 | | 3,000,000 | | 3,389,508 | |
| | 56,250,700 | |
Pennsylvania - 1.6% | | | | | |
Delaware River Joint Toll Bridge Commission, Revenue Bonds | | 5.00 | | 7/1/2037 | | 2,500,000 | | 3,010,358 | |
Delaware River Joint Toll Bridge Commission, Revenue Bonds (Bridge System) Ser. A | | 5.00 | | 7/1/2031 | | 600,000 | | 767,121 | |
Delaware River Joint Toll Bridge Commission, Revenue Bonds, Refunding (Bridge System) Ser. B | | 5.00 | | 7/1/2032 | | 1,000,000 | | 1,274,525 | |
Delaware River Port Authority, Revenue Bonds, Ser. A | | 5.00 | | 1/1/2038 | | 1,200,000 | | 1,487,977 | |
| | 6,539,981 | |
U.S. Related - .8% | | | | | |
Puerto Rico Highway & Transportation Authority, Revenue Bonds, Refunding (Insured; Assured Guaranty Municipal Corp.) Ser. CC | | 5.25 | | 7/1/2034 | | 3,000,000 | | 3,257,052 | |
Total Investments (cost $383,883,743) | | 99.1% | 414,103,981 | |
Cash and Receivables (Net) | | 0.9% | 3,897,747 | |
Net Assets | | 100.0% | 418,001,728 | |
GO—General Obligation
a These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.
b Security issued with a zero coupon. Income is recognized through the accretion of discount.
c Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2021, these securities were valued at $1,977,360 or .47% of net assets.
d These securities have a put feature; the date shown represents the put date and the bond holder can take a specific action to retain the bond after the put date.
STATEMENT OF INVESTMENTS
BNY Mellon New Jersey Municipal Bond Fund, Inc.
September 30, 2021 (Unaudited)
The following is a summary of the inputs used as of September 30, 2021 in valuing the fund’s investments:
| | | | | |
| | Level 1 - Unadjusted Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Total |
Assets ($) | | | | |
Investments in Securities: † | | | | |
Municipal Securities | - | 414,103,981 | - | 414,103,981 |
† See Statement of Investments for additional detailed categorizations, if any.
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the SEC under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.
The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).
Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.
Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:
Level 1—unadjusted quoted prices in active markets for identical investments.
Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).
Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows:
Investments in securities are valued each business day by an independent pricing service (the “Service”) approved by the fund's Board Members (the "Board"). Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of the Service are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as
calculated by the Service based upon its evaluation of the market for such securities). Debt investments (which constitute a majority of the portfolio securities) are carried at fair value as determined by the Service, based on methods which include consideration of the following: yields or prices of municipal securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. All of the preceding securities are generally categorized within Level 2 of the fair value hierarchy.
The Service is engaged under the general oversight of the Board.
When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.
For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.
At September 30, 2021, accumulated net unrealized appreciation on investments was $30,220,238, consisting of $30,762,234 gross unrealized appreciation and $541,996 gross unrealized depreciation.
At September 30, 2021, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).
Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.
