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Nuveen New Jersey Investment Quality Municipal Fund Inc

Nuveen New Jersey Investment Quality Municipal Fund Inc. (Ticker Symbol: NNA)

Nuveen New Jersey Investment Quality Municipal Fund Inc. is a closed-end investment fund, operated by Nuveen Fund Advisors LLC, a subsidiary of Nuveen Investments Inc.

The fund invests primarily in municipal bonds and other obligations issued by the State of New Jersey, its political subdivisions, and other public agencies for public purposes.

The fund aims to provide a high level of current income exempt from federal and New Jersey State income tax, maintaining a high degree of liquidity and preserving capital.

Its investment portfolio is engaged in various sectors, including education, healthcare, transportation, and utilities. As of March 31, 2 Ltek18, its total assets and net assets were $278,701,639 and $187,090,639, respectively. Its expense ratio was 1.30% as of 2020.

In terms of liquidity provisions, the fund invests primarily in high-quality municipal bonds with a weighted average maturity of 8.52 years as of March 31, 2022.

The fund's financial performance has delivered a five-year annual return of 4.38%, with a year-to-date return of 3.84% as of June 30, 2022. Its net asset value (NAV) per share was $17.99 on June 30, 2022.

The fund's managers use various strategies to minimize interest rate risk, credit risk, and market risk in managing the portfolio. The fund is traded on the New York Stock Exchange (NYSE) and has a yield of 4.34%.

Key Financial Ratios

* Net Asset Value (NAV) per share: $17.99 as of June 30, 2022

* Total Net Assets: $187,090,639 as of March 31, 2022

* Total Assets: $278,701,639 as of March 31, 2022

* Expense Ratio: 1.30% as of 2020

* Distribution Yield: 4.34%

* Five-year annual return: 4.38%

Note: The information provided is accurate as of the date of my knowledge cutoff, June 30, 2022, and is sourced from publicly available data.