New Jersey Treasury-Managed Portfolios Performance & Pricing

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New Jersey Treasury-Managed portfolios are closed to new investors.1

Read important information about performance results and other disclosures

Performance data shown represents past performance, which doesn't guarantee future results. A plan portfolio's investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Nonqualified withdrawals are subject to federal income tax, a 10% federal tax penalty, state income taxes and possible penalties. Average annual total returns are net of the current Plan program management fee of 0.10% and expenses of the share classes of the underlying mutual funds in which Plan portfolios invest, currently up to 0.76% of assets, which may vary1.

Investment Composition of the NJBEST New Jersey Treasury-Managed Portfolios

This section provides more information about the investment composition of NJBEST New Jersey Treasury-Managed portfolios. You can also access more detailed information about the fixed income and equity securities held within the NJBEST New Jersey Treasury-Managed portfolios below.

The NJBEST Trust includes of six different portfolios managed by the State of New Jersey, Department of the Treasury, Division of Investment ("New Jersey Treasury"). The portfolio called "NJ Better Educational Savings Trust" (Trust Number 537) is available only to NJBEST accounts opened prior to July 1, 2000. All accounts opened between July 1, 2000 and March 14, 2003 are invested in one of the age-sensitive portfolios, based on the year of birth of the plan beneficiary. The New Jersey Treasury-managed portfolios have been closed to new accounts since March 17, 2003, although deposits can still be made to existing accounts.

The age-sensitive portfolios have different allocations between common stocks and bonds, depending on the number of years until the beneficiaries are expected to reach college age. A summary of the different portfolios as of July 31, 2018 is presented below.

NJBEST Treasury-Managed Portfolios

This section provides more information about the investment composition of NJBEST New Jersey Treasury-Managed portfolios. You can also access more detailed information about the fixed income and equity securities held within the NJBEST New Jersey Treasury-Managed portfolios below.

The NJBEST Trust includes of six different portfolios managed by the State of New Jersey, Department of the Treasury, Division of Investment ("New Jersey Treasury"). The portfolio called "NJ Better Educational Savings Trust" (Trust Number 537) is available only to NJBEST accounts opened prior to July 1, 2000. All accounts opened between July 1, 2000 and March 14, 2003 are invested in one of the age-sensitive portfolios, based on the year of birth of the plan beneficiary. The New Jersey Treasury-managed portfolios have been closed to new accounts since March 17, 2003, although deposits can still be made to existing accounts.

The age-sensitive portfolios have different allocations between common stocks and bonds, depending on the number of years until the beneficiaries are expected to reach college age. A summary of the different portfolios as of September 30, 2018 is presented below.

 Total Market Value ($000's)Year of Birth of BeneficiaryEquity AllocationMoney Market/Cash AllocationFixed Income Allocation
New Jersey Treasury-managed Better Educational Savings Portfolio (537) $3,311,744 N/A 51% 49% 0%
NJ Treasury-Managed Portfolio A (1904) $941,197 Pre-1986 21% 79% 0%
NJ Treasury-Managed Portfolio B (1919) $2,908,960 1986-1989 23% 77% 0%
NJ Treasury-Managed Portfolio C (1905) $16,506,540 1990-1993 23% 70% 7%
NJ Treasury-Managed Portfolio D (1906) $42,393,020 1994-1997 29% 66% 6%
NJ Treasury-Managed Portfolio E (1907) $230,379,676 1998-2004 36% 57% 7%
Total $296,441,137

NJBEST New Jersey Treasury-Managed Equity Portfolio Allocation by Sector

Information Technology 17.12%
Communication Services 13.72%
Financials 13.66%
Health Care 12.90%
Industrials 11.36%
Consumer Discretionary 9.07%
Other 7.91%
Consumer Staples 7.44%
Energy 6.76%

All common stocks for the NJBEST New Jersey Treasury-managed portfolios are maintained in one managed equity portfolio, with each portfolio owning a portion of that portfolio based on its target equity ratio. This allows the New Jersey Treasury to provide each portfolio with diversification and to reduce the costs of managing the program.

The information presented below applies to the NJBEST New Jersey Treasury-managed Equity Portfolio as of September 30, 2018.

  • Average Market Capitalization: $154.2 billion
  • Average Dividend Yield: 1.69%
  • Average Price/Earnings Ratio (Trailing Earnings): 22.2
  • Average Price/Book Value: 2.3

Top Ten Positions

Apple Inc. 4.00%
Amazon.com, Inc. 3.55%
Microsoft Corporation 3.49%
Alphabet Inc. Class C 3.18%
JPMorgan Chase & Co. 2.34%
Facebook, Inc. Class A 2.11%
Bank of America Corp 1.80%
AT&T Inc. 1.69%
Exxon Mobil Corporation 1.68%
Johnson & Johnson 1.63%