BlackRock MuniYield New Jersey Fund is registered as a non-diversified, closed-end management investment company. The Fund's investment objective is to provide shareholders with a high level of current income exempt from federal income taxes and New Jersey personal income tax. The Fund seeks to achieve its investment objective by investing at least 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may subject to the federal alternative minimum tax) and New Jersey personal income taxes. The MYJ stock yearly return is shown above.
The yearly return on the MYJ stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2013 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MYJ annual return calculation with any dividends reinvested as applicable (on ex-dates).
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