Is NXJ a Friend, Question Mark or Foe?

NXJ is classified a Question Mark under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the NXJ distribution?

A Question Mark is an income asset with a mixed or incomplete quality record — some income-quality signals are strong while others are weak, or the available history is too short to classify with confidence. It warrants a closer look rather than a conclusion.

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Public snapshot

NXJ Income Quality Score

Name: NXJ Income Quality Score
Creator: Income Quality Score
Keywords: NXJ income quality, NXJ dividend quality, NXJ dividend safety, NXJ distribution history, NXJ dividend score, NXJ analysis, Nuveen New Jersey Quality Municipal Income Fund dividend

Nuveen New Jersey Quality Municipal Income Fund (NXJ) has an Income Quality Score of 50/100, classified as a Question Mark with high confidence, based on a 10-year income and total-return history.

Nuveen New Jersey Quality Municipal Income Fund (NXJ) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 10-year

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Long-term focused10-year income and total-return analysis

Data-drivenObjective scoring across 5 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

50/100

Question MarkHigh confidence

Asset Type

CEF

Exchange

NYSE

Trailing Yield (TTM)

Not published

No normalized trailing yield is published for closed-end funds in this snapshot.

Rank in CEF Universe

196 of 358

Lookback

10-year

Data as of

June 30, 2026

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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

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NXJNuveen New Jersey Quality Municipal Income Fund

50Question MarkHigh confidence

Snapshot: 2026-06
Data as of: 2026-06-30
Lookback: 10-year
Asset type: Closed-End Fund

IQ Score History

Reconstructed monthly scores are computed from current data and methodology. Published snapshots are the frozen monthly releases, marked on the line. Where the methodology changed, the line is broken rather than joined across the change.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage

47/100

Working Capital Preservation

63/100

Distribution Cut Score

10/100

Distribution Trend

54/100

NAV CAGR

70/100

What is working

Working capital preserved over time
Stable NAV over available history

What to watch

3+ years with a material annual distribution decline

Flags & gates

Stale Prices
Chronic Dist Cuts

Distribution Safety

11Years raised

3Years cut

25Years of data

RisingCurrent trend

High confidence (10-year history)

20020.214Held
20030.9125Raised
20040.942Raised
20050.9874Raised
20060.8038Lower total
20070.7389Lower total
20080.6979Lower total
20090.6852Lower total
20100.8385Raised
20110.7699Lower total
20120.7985Raised
20130.6662Lower total
20140.7437Raised
20150.8241Raised
20160.7194Lower total
20170.7038Lower total
20180.7493Raised
20190.6614Cut
20200.655Held
20210.702Raised
20220.609Cut
20230.38Cut
20240.758Raised
20250.942Raised
20260.314Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.