N-Q 1 lp1.htm FORM N-Q lp1.htm - Generated by SEC Publisher for SEC Filing

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT
INVESTMENT COMPANY

Investment Company Act file number

811-5454

 

 

 

Dreyfus New Jersey Municipal Bond Fund, Inc.

 

 

(Exact name of Registrant as specified in charter)

 

 

 

 

 

 

c/o The Dreyfus Corporation

200 Park Avenue

New York, New York  10166

 

 

(Address of principal executive offices)        (Zip code)

 

 

 

 

 

Michael A. Rosenberg, Esq.

200 Park Avenue

New York, New York  10166

 

 

(Name and address of agent for service)

 

 

Registrant's telephone number, including area code: 

(212) 922-6000

 

 

Date of fiscal year end:

 

 12/31 

 

Date of reporting period:

 3/31/11 

 
             

 

 

 

 

FORM N-Q

Item 1.                        Schedule of Investments.

 

 

STATEMENT OF INVESTMENTS       
Dreyfus New Jersey Municipal Bond Fund, Inc.       
March 31, 2011 (Unaudited)         
 
Long-Term Municipal  Coupon  Maturity  Principal   
Investments--98.7%  Rate (%)  Date  Amount ($)  Value ($) 
New Jersey--88.3%         
Atlantic County Utilities         
Authority, Solid Waste System         
Revenue  7.13  3/1/16  9,120,000  8,977,728 
Bergen County Utilities Authority,         
Water Pollution Control         
Revenue (Insured; National         
Public Finance Guarantee Corp.)  5.38  12/15/13  1,155,000  1,186,139 
Burlington County Bridge         
Commission, EDR (The         
Evergreens Project)  5.63  1/1/38  5,500,000  4,360,950 
Camden,         
GO (Insured; Assured Guaranty         
Municipal Corp.)  0.00  2/15/12  4,385,000 a  4,336,283 
Camden County Improvement         
Authority, Health Care         
Redevelopment Project Revenue         
(The Cooper Health System         
Obligated Group Issue)  5.25  2/15/20  4,545,000  4,413,013 
Camden County Improvement         
Authority, Health Care         
Redevelopment Project Revenue         
(The Cooper Health System         
Obligated Group Issue)  5.25  2/15/20  2,000,000  1,941,920 
Delaware River Port Authority,         
Revenue  5.00  1/1/30  3,500,000  3,441,200 
Delaware River Port Authority,         
Revenue  5.00  1/1/35  3,500,000  3,400,215 
East Orange,         
GO (Insured; Assured Guaranty         
Municipal Corp.)  0.00  8/1/11  2,500,000 a  2,496,000 
East Orange Board of Education,         
COP, LR (Insured; Assured         
Guaranty Municipal Corp.)  0.00  2/1/21  685,000 a  398,745 
East Orange Board of Education,         
COP, LR (Insured; Assured         
Guaranty Municipal Corp.)  0.00  2/1/26  745,000 a  296,018 
East Orange Board of Education,         
COP, LR (Insured; Assured         
Guaranty Municipal Corp.)  0.00  2/1/28  2,345,000 a  793,736 
Essex County,         
GO (General Improvement)  5.00  8/1/23  15,200,000  16,371,008 
Garden State Preservation Trust,         
Revenue (Open Space and         
Farmland Preservation Bonds)         
(Insured; Assured Guaranty         
Municipal Corp.)  5.75  11/1/28  5,000,000  5,593,850 
Gloucester County Improvement         

 


Authority, County Guaranteed         
Loan Revenue (County Capital         
Program)  5.00  4/1/38  8,000,000  7,854,640 
Gloucester Township Municipal         
Utilities Authority, Sewer         
Revenue (Insured; AMBAC)  5.65  3/1/18  2,075,000  2,340,911 
Higher Education Student         
Assistance Authority of New         
Jersey, Student Loan Revenue         
(Insured; National Public         
Finance Guarantee Corp.)  6.13  6/1/17  280,000  281,081 
Hudson County Improvement         
Authority, Harrison Stadium         
Land Acquisition Special         
Obligation Revenue (Harrison         
Redevelopment Project)         
(Insured; National Public         
Finance Guarantee Corp.)  0.00  12/15/34  3,000,000 a  572,340 
Mercer County Improvement         
Authority, County Secured Open         
Space Revenue (Insured;         
National Public Finance         
Guarantee Corp.)  5.00  8/1/40  3,290,000  3,217,949 
Middletown Township Board of         
Education, GO  5.00  8/1/25  4,140,000  4,385,129 
Middletown Township Board of         
Education, GO  5.00  8/1/26  2,935,000  3,092,551 
New Jersey Economic Development         
Authority, Cigarette Tax         
Revenue  5.50  6/15/24  2,300,000  2,111,331 
New Jersey Economic Development         
Authority, Department of Human         
Services Composite Revenue         
(Division of Developmental         
Disabilities)  6.25  7/1/24  1,240,000  1,256,083 
New Jersey Economic Development         
Authority, Department of Human         
Services Composite Revenue         
(Division of Mental Health         
Services)  6.10  7/1/17  1,865,000  1,905,415 
New Jersey Economic Development         
Authority, EDR (Masonic         
Charity Foundation of New         
Jersey Project)  5.00  6/1/18  1,465,000  1,503,207 
New Jersey Economic Development         
Authority, Gas Facilities         
Revenue (NUI Corporation         
Project)  5.25  11/1/33  2,780,000  2,415,625 
New Jersey Economic Development         
Authority, Motor Vehicle         
Surcharge Revenue (Insured;         
National Public Finance         
Guarantee Corp.)  0.00  7/1/20  3,350,000 a  2,051,004 
New Jersey Economic Development         
Authority, Motor Vehicle         
Surcharge Revenue (Insured;         
National Public Finance         

 


Guarantee Corp.)  0.00  7/1/21  2,620,000 a  1,499,374 
New Jersey Economic Development         
Authority, Revenue (Hillcrest         
Health Service System Project)         
(Insured; AMBAC)  0.00  1/1/12  1,000,000 a  964,410 
New Jersey Economic Development         
Authority, Revenue (Hillcrest         
Health Service System Project)         
(Insured; AMBAC)  0.00  1/1/13  1,000,000 a  912,680 
New Jersey Economic Development         
Authority, Revenue (Hillcrest         
Health Service System Project)         
(Insured; AMBAC)  0.00  1/1/15  3,250,000 a  2,630,485 
New Jersey Economic Development         
Authority, Revenue (Hillcrest         
Health Service System Project)         
(Insured; AMBAC)  0.00  1/1/17  5,000,000 a  3,492,250 
New Jersey Economic Development         
Authority, Revenue (Hillcrest         
Health Service System Project)         
(Insured; AMBAC)  0.00  1/1/18  2,500,000 a  1,601,275 
New Jersey Economic Development         
Authority, Revenue (Hillcrest         
Health Service System Project)         
(Insured; AMBAC)  0.00  1/1/20  6,500,000 a  3,572,140 
New Jersey Economic Development         
Authority, Revenue (Hillcrest         
Health Service System Project)         
(Insured; AMBAC)  0.00  1/1/22  6,000,000 a  2,802,000 
New Jersey Economic Development         
Authority, School Facilities         
Construction Revenue  5.00  9/1/18  2,265,000  2,394,603 
New Jersey Economic Development         
Authority, School Facilities         
Construction Revenue  5.75  9/1/23  3,765,000  3,970,531 
New Jersey Economic Development         
Authority, School Facilities         
Construction Revenue (Insured;         
AMBAC)  5.50  9/1/24  10,000,000  10,387,700 
New Jersey Economic Development         
Authority, School Facilities         
Construction Revenue (Insured;         
National Public Finance         
Guarantee Corp.)  5.50  9/1/27  10,000,000  10,305,700 
New Jersey Economic Development         
Authority, Transportation         
Project Sublease Revenue (New         
Jersey Transit Corporation         
Light Rail Transit System         
Projects)  5.25  5/1/11  2,210,000  2,218,177 
New Jersey Economic Development         
Authority, Water Facilities         
Revenue (New Jersey - American         
Water Company, Inc. Project)  5.10  6/1/23  3,000,000  3,050,340 
New Jersey Economic Development         
Authority, Water Facilities         
Revenue (New Jersey - American         

 


Water Company, Inc. Project)  5.60  11/1/34  6,600,000  6,455,988 
New Jersey Economic Development         
Authority, Water Facilities         
Revenue (New Jersey - American         
Water Company, Inc. Project)  5.70  10/1/39  5,000,000  4,903,350 
New Jersey Educational Facilities         
Authority, Revenue (Fairleigh         
Dickenson University Issue)  6.00  7/1/20  4,535,000  4,700,709 
New Jersey Educational Facilities         
Authority, Revenue (Georgian         
Court University Project)  5.00  7/1/27  1,000,000  949,230 
New Jersey Educational Facilities         
Authority, Revenue (Georgian         
Court University Project)  5.25  7/1/27  500,000  487,950 
New Jersey Educational Facilities         
Authority, Revenue (Georgian         
Court University Project)  5.00  7/1/33  1,880,000  1,657,934 
New Jersey Educational Facilities         
Authority, Revenue (Georgian         
Court University Project)  5.25  7/1/37  750,000  657,705 
New Jersey Educational Facilities         
Authority, Revenue (Kean         
University Issue)  5.00  9/1/21  1,500,000  1,562,355 
New Jersey Educational Facilities         
Authority, Revenue (Montclair         
State University Issue)  5.25  7/1/38  2,000,000  1,889,240 
New Jersey Educational Facilities         
Authority, Revenue (New Jersey         
City University Issue)         
(Insured; Assured Guaranty         
Municipal Corp.)  5.00  7/1/35  12,165,000  11,904,669 
New Jersey Educational Facilities         
Authority, Revenue (New Jersey         
Institute of Technology Issue)  5.00  7/1/31  2,000,000  1,937,940 
New Jersey Educational Facilities         
Authority, Revenue (Princeton         
Theological Seminary Issue)  5.00  7/1/29  5,000,000  5,317,450 
New Jersey Educational Facilities         
Authority, Revenue (Princeton         
University) (Prerefunded)  5.00  7/1/15  120,000 b  137,842 
New Jersey Educational Facilities         
Authority, Revenue (Public         
Library Project Grant Program         
Issue) (Insured; AMBAC)  5.50  9/1/17  1,500,000  1,585,140 
New Jersey Educational Facilities         
Authority, Revenue (Seton Hall         
University Issue)  6.25  7/1/37  5,000,000  5,218,550 
New Jersey Educational Facilities         
Authority, Revenue (Stevens         
Institute of Technology Issue)  5.00  7/1/27  5,000,000  4,772,000 
New Jersey Educational Facilities         
Authority, Revenue (Stevens         
Institute of Technology Issue)  5.00  7/1/34  7,655,000  6,819,763 
New Jersey Educational Facilities         
Authority, Revenue (Stevens         

 


Institute of Technology Issue)         
(Prerefunded)  5.38  7/1/14  2,500,000 b  2,840,675 
New Jersey Educational Facilities         
Authority, Revenue (The         
College of New Jersey Issue)         
(Insured; Assured Guaranty         
Municipal Corp.)  5.00  7/1/35  7,910,000  7,587,509 
New Jersey Educational Facilities         
Authority, Revenue (The         
William Paterson University of         
New Jersey Issue) (Insured;         
Assured Guaranty Municipal         
Corp.)  5.00  7/1/38  3,745,000  3,596,698 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(AHS Hospital Corporation         
Issue)  5.00  7/1/27  5,400,000  5,230,278 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Atlantic City Medical Center         
Issue)  6.00  7/1/12  3,245,000  3,336,963 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Atlantic City Medical Center         
Issue)  6.25  7/1/17  2,730,000  2,822,738 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Atlantic City Medical Center         
Issue) (Prerefunded)  6.25  7/1/12  2,270,000 b  2,428,718 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(AtlantiCare Regional Medical         
Center Issue)  5.00  7/1/22  3,975,000  4,066,743 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Capital Health System         
Obligated Group Issue)         
(Prerefunded)  5.75  7/1/13  3,000,000 b  3,300,990 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(General Hospital Center at         
Passaic, Inc. Obligated Group         
Issue) (Insured; Assured         
Guaranty Municipal Corp.)  6.75  7/1/19  550,000  674,966 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Hackensack University Medical         
Center Issue)  5.00  1/1/28  2,780,000  2,485,820 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Hackensack University Medical         
Center Issue) (Insured;         
Assured Guaranty Municipal         
Corp.)  5.25  1/1/36  2,900,000  2,785,305 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Holy Name Medical Center         

 


Issue)  5.00  7/1/15  3,410,000  3,496,273 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Meridian Health System         
Obligated Group Issue)         
(Insured; Assured Guaranty         
Municipal Corp.)  5.00  7/1/38  4,990,000  4,583,415 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Robert Wood Johnson         
University Hospital Issue)  5.00  7/1/31  4,950,000  4,666,860 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Saint Barnabas Health Care         
System Issue) (Insured;         
National Public Finance         
Guarantee Corp.)  0.00  7/1/23  2,280,000 a  1,415,401 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Saint Barnabas Health Care         
System Issue) (Insured;         
National Public Finance         
Guarantee Corp.)  0.00  7/1/23  3,220,000 a  1,402,696 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(South Jersey Hospital Issue)  6.00  7/1/12  1,305,000  1,327,603 
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Virtua Health Issue)         
(Insured; Assured Guaranty         
Municipal Corp.)  5.50  7/1/38  5,000,000  4,940,400 
New Jersey Health Care Facilities         
Financing Authority, State         
Contract Revenue (Hospital         
Asset Transformation Program)  5.25  10/1/38  13,595,000  12,931,428 
New Jersey Higher Education         
Student Assistance Authority,         
Student Loan Revenue  5.00  12/1/25  1,000,000  963,190 
New Jersey Higher Education         
Student Assistance Authority,         
Student Loan Revenue  5.00  12/1/26  1,500,000  1,440,825 
New Jersey Higher Education         
Student Assistance Authority,         
Student Loan Revenue (Insured;         
Assured Guaranty Municipal         
Corp.)  5.88  6/1/21  9,775,000  10,222,402 
New Jersey Highway Authority,         
Revenue (Garden State Parkway)  6.00  1/1/19  6,645,000  7,975,395 
New Jersey Housing and Mortgage         
Finance Agency, MFHR (Insured:         
AMBAC and FHA)  5.65  5/1/40  4,480,000  4,330,950 
New Jersey Housing and Mortgage         
Finance Agency, MFHR (Insured;         
Assured Guaranty Municipal         
Corp.)  5.70  5/1/20  2,180,000  2,182,006 
New Jersey Housing and Mortgage         
Finance Agency, Multi-Family         

 


Revenue  4.95  5/1/41  7,000,000  6,546,610 
New Jersey Housing and Mortgage         
Finance Agency, SFHR  5.20  10/1/25  6,790,000  6,668,052 
New Jersey Housing and Mortgage         
Finance Agency, SFHR  6.38  10/1/28  5,685,000  6,062,427 
New Jersey Housing and Mortgage         
Finance Agency, SFHR  5.25  10/1/37  1,535,000  1,611,811 
New Jersey Transportation Trust         
Fund Authority (Transportation         
System)  5.00  6/15/20  4,000,000  4,063,480 
New Jersey Transportation Trust         
Fund Authority (Transportation         
System)  5.50  12/15/23  7,000,000  7,320,320 
New Jersey Transportation Trust         
Fund Authority (Transportation         
System)  6.00  12/15/38  6,565,000  6,954,173 
New Jersey Transportation Trust         
Fund Authority (Transportation         
System) (Insured; AMBAC)  0.00  12/15/24  1,000,000 a  451,370 
New Jersey Transportation Trust         
Fund Authority (Transportation         
System) (Insured; AMBAC)  5.00  12/15/32  10,000,000  9,740,800 
New Jersey Transportation Trust         
Fund Authority (Transportation         
System) (Insured; National         
Public Finance Guarantee Corp.)  7.00  6/15/12  2,255,000  2,433,055 
New Jersey Transportation Trust         
Fund Authority (Transportation         
System) (Insured; National         
Public Finance Guarantee Corp.)  7.00  6/15/12  3,745,000  3,985,167 
New Jersey Transportation Trust         
Fund Authority (Transportation         
System) (Prerefunded)  6.00  12/15/18  3,435,000 b  4,350,393 
New Jersey Turnpike Authority,         
Turnpike Revenue  6.50  1/1/16  60,000  69,778 
New Jersey Turnpike Authority,         
Turnpike Revenue  6.50  1/1/16  160,000  179,688 
New Jersey Turnpike Authority,         
Turnpike Revenue  5.00  1/1/36  3,500,000  3,328,115 
New Jersey Turnpike Authority,         
Turnpike Revenue  5.25  1/1/40  5,420,000  5,278,375 
New Jersey Turnpike Authority,         
Turnpike Revenue (Insured;         
Assured Guaranty Municipal         
Corp.)  6.50  1/1/16  835,000  934,657 
New Jersey Turnpike Authority,         
Turnpike Revenue (Insured;         
Assured Guaranty Municipal         
Corp.)  6.50  1/1/16  165,000  194,339 
New Jersey Turnpike Authority,         
Turnpike Revenue (Insured;         
National Public Finance         
Guarantee Corp.)  6.50  1/1/16  3,520,000  4,093,619 
North Jersey District Water Supply         
Commission, Sewer Revenue         

 


(Wanaque South Project)         
(Insured; National Public         
Finance Guarantee Corp.)  6.00  7/1/19  1,850,000  2,161,337 
Port Authority of New York and New         
Jersey (Consolidated Bonds,         
93rd Series)  6.13  6/1/94  3,000,000  3,379,710 
Port Authority of New York and New         
Jersey (Consolidated Bonds,         
127th Series) (Insured; AMBAC)  5.25  12/15/32  5,070,000  5,071,825 
Port Authority of New York and New         
Jersey, (Consolidated Bonds,         
139th Series) (Insured;         
National Public Finance         
Guarantee Corp.)  5.00  10/1/18  11,235,000  11,823,265 
Port Authority of New York and New         
Jersey (Consolidated Bonds,         
167th Series)  5.50  9/15/26  7,600,000  7,843,808 
Port Authority of New York and New         
Jersey, Special Obligation         
Revenue (JFK International Air         
Terminal LLC Project)         
(Insured; National Public         
Finance Guarantee Corp.)  6.25  12/1/15  5,000,000  5,216,750 
Port Authority of New York and New         
Jersey, Special Project         
Revenue (JFK International Air         
Terminal LLC Project)  5.00  12/1/20  2,500,000  2,430,575 
Rahway Valley Sewerage Authority,         
Sewer Revenue (Insured;         
National Public Finance         
Guarantee Corp.)  0.00  9/1/30  7,550,000 a  2,225,212 
Rutgers, The State University,         
GO  5.00  5/1/39  3,450,000  3,406,254 
Salem County Pollution Control         
Financing Authority, PCR         
(Public Service Electric and         
Gas Company Project) (Insured;         
National Public Finance         
Guarantee Corp.)  5.45  2/1/32  1,590,000  1,460,638 
South Jersey Port Corporation,         
Marine Terminal Revenue  5.75  1/1/23  4,000,000  4,342,960 
South Jersey Port Corporation,         
Marine Terminal Revenue         
(Insured; Assured Guaranty         
Municipal Corp.)  5.75  1/1/34  2,900,000  2,979,924 
South Jersey Port Corporation,         
Marine Terminal Revenue         
(Insured; Assured Guaranty         
Municipal Corp.)  5.88  1/1/39  6,000,000  6,162,660 
Tobacco Settlement Financing         
Corporation of New Jersey,         
Tobacco Settlement         
Asset-Backed Bonds  4.50  6/1/23  2,580,000  2,156,235 
Tobacco Settlement Financing         
Corporation of New Jersey,         
Tobacco Settlement         

 


Asset-Backed Bonds  4.63  6/1/26  3,000,000  2,156,910 
Tobacco Settlement Financing         
Corporation of New Jersey,         
Tobacco Settlement         
Asset-Backed Bonds  5.00  6/1/29  8,950,000  6,413,391 
Tobacco Settlement Financing         
Corporation of New Jersey,         
Tobacco Settlement         
Asset-Backed Bonds  5.75  6/1/32  4,870,000  5,086,569 
Tobacco Settlement Financing         
Corporation of New Jersey,         
Tobacco Settlement         
Asset-Backed Bonds         
(Prerefunded)  5.38  6/1/12  2,500,000 b  2,643,725 
Tobacco Settlement Financing         
Corporation of New Jersey,         
Tobacco Settlement         
Asset-Backed Bonds         
(Prerefunded)  6.75  6/1/13  1,790,000 b  2,023,058 
Tobacco Settlement Financing         
Corporation of New Jersey,         
Tobacco Settlement         
Asset-Backed Bonds         
(Prerefunded)  7.00  6/1/13  10,630,000 b  12,068,664 
Union County Improvement         
Authority, Revenue         
(Correctional Facility Project)  5.00  6/15/22  1,780,000  1,840,734 
Union County Utilities Authority,         
Solid Waste Revenue (Ogden         
Martin Systems of Union, Inc.)         
(Insured; AMBAC)  5.38  6/1/20  4,990,000  4,990,749 
University of Medicine and         
Dentistry of New Jersey, GO         
(Insured; AMBAC)  5.50  12/1/27  15,425,000  15,370,396 
U.S. Related--10.4%         
Government of Guam,         
GO  6.75  11/15/29  2,000,000  2,024,520 
Guam Power Authority,         
Revenue  5.50  10/1/30  2,250,000  2,116,777 
Guam Waterworks Authority,         
Water and Wastewater System         
Revenue  6.00  7/1/25  1,000,000  968,930 
Puerto Rico Commonwealth,         
Public Improvement GO  6.00  7/1/39  2,000,000  1,921,040 
Puerto Rico Electric Power         
Authority, Power Revenue  5.25  7/1/22  5,000,000  5,052,500 
Puerto Rico Electric Power         
Authority, Power Revenue  5.25  7/1/27  1,500,000  1,419,825 
Puerto Rico Electric Power         
Authority, Power Revenue  5.50  7/1/38  10,445,000  9,412,198 
Puerto Rico Electric Power         
Authority, Power Revenue         
(Insured; National Public         
Finance Guarantee Corp.)  5.25  7/1/30  5,000,000  4,628,550 
Puerto Rico Infrastructure         

 


Financing Authority, Special         
Tax Revenue (Insured; AMBAC)  5.50  7/1/27  4,715,000  4,533,425 
Puerto Rico Sales Tax Financing         
Corporation, Sales Tax Revenue         
(First Subordinate Series)  5.75  8/1/37  2,990,000  2,879,938 
Puerto Rico Sales Tax Financing         
Corporation, Sales Tax Revenue         
(First Subordinate Series)  6.00  8/1/39  2,230,000  2,209,373 
Puerto Rico Sales Tax Financing         
Corporation, Sales Tax Revenue         
(First Subordinate Series)  6.00  8/1/42  9,000,000  8,898,840 
Puerto Rico Sales Tax Financing         
Corporation, Sales Tax Revenue         
(Insured; Berkshire Hathaway         
Assurance Corporation)  0.00  8/1/54  21,100,000 a  1,274,018 
Puerto Rico Sales Tax Financing         
Corporation, Sales Tax Revenue         
(Insured; National Public         
Finance Guarantee Corp.)  0.00  8/1/43  18,000,000 a  2,034,900 
Virgin Islands Public Finance         
Authority, Revenue (Virgin         
Islands Gross Receipts Taxes         
Loan Note)  6.38  10/1/19  2,000,000  2,018,260 
Virgin Islands Public Finance         
Authority, Revenue (Virgin         
Islands Matching Fund Loan         
Note)  5.00  10/1/25  5,000,000  4,798,250 
Virgin Islands Public Finance         
Authority, Revenue (Virgin         
Islands Matching Fund Loan         
Notes)  5.00  10/1/25  2,000,000  1,919,300 
Total Long-Term Municipal Investments         
(cost $552,437,061)        550,422,020 
Short-Term Municipal  Coupon  Maturity  Principal   
Investment--.9%  Rate (%)  Date  Amount ($)  Value ($) 
New Jersey;         
New Jersey Health Care Facilities         
Financing Authority, Revenue         
(Virtua Health Issue) (LOC;         
JPMorgan Chase Bank)         
(cost $5,000,000)  0.21  4/1/11  5,000,000 c  5,000,000 
Total Investments (cost $557,437,061)      99.6%  555,422,020 
Cash and Receivables (Net)      .4%  2,021,630 
Net Assets      100.0%  557,443,650 

 

a Security issued with a zero coupon. Income is recognized through the accretion of discount.
b 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.
c Variable rate demand note - rate shown is the interest rate in effect at March 31, 2011. Maturity date represents the
next demand date, or the ultimate maturity date if earlier.

At March 31, 2011, the aggregate cost of investment securities for income tax purposes was $557,437,061. Net unrealized
depreciation on investments was $2,015,041 of which $13,867,068 related to appreciated investment securities and $15,882,109
related to depreciated investment securities.


Summary of Abbreviations     
ABAG  Association of Bay Area Governments  ACA  American Capital Access 
AGC  ACE Guaranty Corporation  AGIC  Asset Guaranty Insurance Company 
AMBAC  American Municipal Bond Assurance Corporation  ARRN  Adjustable Rate Receipt Notes 
BAN  Bond Anticipation Notes  BPA  Bond Purchase Agreement 
CIFG  CDC Ixis Financial Guaranty  COP  Certificate of Participation 
CP  Commercial Paper  EDR  Economic Development Revenue 
EIR  Environmental Improvement Revenue  FGIC  Financial Guaranty Insurance Company 
FHA  Federal Housing Administration  FHLB  Federal Home Loan Bank 
FHLMC  Federal Home Loan Mortgage Corporation  FNMA  Federal National Mortgage Association 
GAN  Grant Anticipation Notes  GIC  Guaranteed Investment Contract 
GNMA  Government National Mortgage Association  GO  General Obligation 
HR  Hospital Revenue  IDB  Industrial Development Board 
IDC  Industrial Development Corporation  IDR  Industrial Development Revenue 
LOC  Letter of Credit  LOR  Limited Obligation Revenue 
LR  Lease Revenue  MFHR  Multi-Family Housing Revenue 
MFMR  Multi-Family Mortgage Revenue  PCR  Pollution Control Revenue 
PILOT  Payment in Lieu of Taxes  PUTTERS  Puttable Tax-Exempt Receipts 
RAC  Revenue Anticipation Certificates  RAN  Revenue Anticipation Notes 
RAW  Revenue Anticipation Warrants  RRR  Resources Recovery Revenue 
SAAN  State Aid Anticipation Notes  SBPA  Standby Bond Purchase Agreement 
SFHR  Single Family Housing Revenue  SFMR  Single Family Mortgage Revenue 
SONYMA  State of New York Mortgage Agency  SWDR  Solid Waste Disposal Revenue 
TAN  Tax Anticipation Notes  TAW  Tax Anticipation Warrants 
TRAN  Tax and Revenue Anticipation Notes  XLCA  XL Capital Assurance 

 


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.

The following is a summary of the inputs used as of March 31, 2011 in valuing the fund's investments:

    Level 2 - Other  Significant   
  Level 1 - Unadjusted  Significant Observable  Unobservable   
Assets ($)  Quoted Prices  Inputs  Inputs  Total 
Investments in Securities:         
Municipal Bonds  -  555,422,020  -  555,422,020 

 


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 Securities and Exchange

Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants. 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.

Portfolio valuation: Investments in securities are valued each business day by an independent pricing service (the “Service”) approved by the fund’s Board of Directors. 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). Other 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: yields or prices of municipal securities of comparable quality, coupon, maturity and type, indications as to values from dealers, and general market conditions. Options and financial futures on municipal and U.S. Treasury securities are valued at the last sales price on the securities exchange on which such securities are primarily traded or at the last sales price on the national securities market on each business day.

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the Securities and Exchange Commission on Form N-CSR.

 

Item 2.                        Controls and Procedures.

(a)        The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b)        There were no changes to the Registrant's internal control over financial reporting that occurred during the Registrant's most recently ended fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting. 

Item 3.                        Exhibits.

(a)        Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940.

 

 

 

FORM N-Q

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dreyfus New Jersey Municipal Bond Fund, Inc.

By:       /s/ Bradley J. Skapyak

            Bradley J. Skapyak

            President

 

Date:

May 24, 2011

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

 

By:       /s/ Bradley J. Skapyak

            Bradley J. Skapyak

            President

 

Date:

May 24, 2011

 

By:       /s/ James Windels

            James Windels

            Treasurer

 

Date:

May 24, 2011

 

EXHIBIT INDEX

(a)        Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940.  (EX-99.CERT)