0001171200-12-000610.txt : 20120625 0001171200-12-000610.hdr.sgml : 20120625 20120625115921 ACCESSION NUMBER: 0001171200-12-000610 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120430 FILED AS OF DATE: 20120625 DATE AS OF CHANGE: 20120625 EFFECTIVENESS DATE: 20120625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC CENTRAL INDEX KEY: 0000902731 IRS NUMBER: 133710958 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-07670 FILM NUMBER: 12923941 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY STREET 2: MUTUAL FUND DEPARTMENT CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 888-825-2257 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY STREET 2: MUTUAL FUND DEPARTMENT CITY: WILMINGTON STATE: DE ZIP: 19809 N-Q 1 i00269_rnj-nq.htm

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 811-07670

 

Name of Fund: BlackRock New Jersey Investment Quality Municipal Trust, Inc. (RNJ)

 

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

 

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock New Jersey Investment Quality Municipal Trust, Inc., 55 East 52nd Street, New York, NY 10055

 

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

 

Date of fiscal year end: 07/31/2012

 

Date of reporting period: 04/30/2012

 

Item 1 – Schedule of Investments

 


 

 

 

 

Schedule of Investments April 30, 2012 (Unaudited)

BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New Jersey — 128.5%

 

 

 

 

 

 

 

Corporate — 11.5%

 

 

 

 

 

 

 

New Jersey EDA, RB, Continental Airlines
Inc. Project, 7.00%, 11/15/30 (a)

 

$

925

 

$

928,469

 

New Jersey EDA, Refunding RB, AMT:

 

 

 

 

 

 

 

New Jersey American Water
Co., Inc. Project, Series A,
5.70%, 10/01/39

 

 

175

 

 

192,187

 

New Jersey American Water
Co., Inc., Project, Series B,
5.60%, 11/01/34

 

 

150

 

 

167,275

 

Salem County Utilities Authority,
Refunding RB, Atlantic City Electric,
Series A, 4.88%, 6/01/29

 

 

300

 

 

323,835

 

 

 

 

 

 

 

1,611,766

 

County/City/Special District/School District — 20.2%

 

 

 

 

 

 

 

City of Margate City New Jersey, GO,
Improvement, Improvement, 5.00%,
1/15/27

 

 

125

 

 

141,571

 

City of Perth Amboy New Jersey, GO,
CAB (AGM), 4.50%, 7/01/34 (b)

 

 

100

 

 

103,740

 

Essex County Improvement Authority,
RB, Newark Project, Series A (AGM),
6.00%, 11/01/30

 

 

275

 

 

312,191

 

Essex County Improvement Authority,
Refunding RB, Project Consolidation
(NPFGC):

 

 

 

 

 

 

 

5.50%, 10/01/28

 

 

300

 

 

377,460

 

5.50%, 10/01/29

 

 

260

 

 

327,774

 

Hudson County Improvement Authority,
RB:

 

 

 

 

 

 

 

CAB, Series A-1 (NPFGC), 4.53%,
12/15/32 (c)

 

 

1,000

 

 

353,420

 

Harrison Parking Facility Project,
Series C (AGC), 5.38%, 1/01/44

 

 

340

 

 

374,847

 

Middlesex County Improvement
Authority, RB, Subordinate, Heldrich
Center Hotel, Series B, 6.25%,
1/01/37 (d)(e)

 

 

200

 

 

17,798

 

New Jersey EDA, Refunding RB:

 

 

 

 

 

 

 

5.00%, 6/15/28

 

 

95

 

 

102,104

 

5.00%, 6/15/29

 

 

250

 

 

267,410

 

State of New Jersey, COP, Equipment
Lease Purchase, Series A, 5.13%,
6/15/24

 

 

150

 

 

170,254

 

Union County Utilities Authority,
Refunding RB, County Deficiency
Agreement, Series A, AMT, 5.00%,
6/15/41

 

 

255

 

 

284,649

 

 

 

 

 

 

 

2,833,218

 

Education — 21.8%

 

 

 

 

 

 

 

New Jersey EDA, RB, School Facilities
Construction:

 

 

 

 

 

 

 

Series CC-2, 5.00%, 12/15/31

 

 

200

 

 

220,752

 

Series CC-2, 5.00%, 12/15/32

 

 

200

 

 

219,860

 

Series S, 5.00%, 9/01/36

 

 

200

 

 

210,646

 


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New Jersey (continued)

 

 

 

 

 

 

 

Education (concluded)

 

 

 

 

 

 

 

New Jersey EDA, Refunding RB, School
Facilities, Series GG, 5.25%, 9/01/27

 

$

255

 

$

291,781

 

New Jersey Educational Facilities
Authority, RB:

 

 

 

 

 

 

 

Montclair State University,
Series J, 5.25%, 7/01/38

 

 

100

 

 

108,245

 

Refunding Kean University,
Series A, 5.50%, 9/01/36

 

 

240

 

 

266,220

 

New Jersey Educational Facilities
Authority, Refunding RB:

 

 

 

 

 

 

 

Georgian Court University,
Series D, 5.00%, 7/01/33

 

 

100

 

 

104,101

 

New Jersey Institute of
Technology, Series H,
5.00%, 7/01/31

 

 

80

 

 

87,270

 

Rowan University, Series B (AGC),
5.00%, 7/01/24

 

 

255

 

 

284,356

 

University of Medicine &
Dentistry, Series B, 7.50%,
12/01/32

 

 

175

 

 

212,221

 

New Jersey Higher Education Assistance
Authority, Refunding RB Series 1A:

 

 

 

 

 

 

 

5.00%, 12/01/25

 

 

65

 

 

70,244

 

5.00%, 12/01/26

 

 

50

 

 

53,760

 

5.13%, 12/01/27

 

 

200

 

 

217,618

 

5.25%, 12/01/32

 

 

300

 

 

324,318

 

New Jersey Higher Education Student
Assistance Authority, RB, Series 1,
AMT, 5.75%, 12/01/29

 

 

240

 

 

265,109

 

New Jersey Institute of Technology,
Series A, 5.00%, 7/01/42

 

 

100

 

 

110,305

 

 

 

 

 

 

 

3,046,806

 

Health — 16.2%

 

 

 

 

 

 

 

New Jersey EDA, RB:

 

 

 

 

 

 

 

First Mortgage, Lions Gate Project,
Series A, 5.75%, 1/01/25

 

 

60

 

 

59,147

 

First Mortgage, Lions gate Project,
Series A, 5.88%, 1/01/37

 

 

110

 

 

104,702

 

New Jersey EDA, Refunding RB:

 

 

 

 

 

 

 

First Mortgage, Winchester,
Series A, 5.80%, 11/01/31

 

 

500

 

 

510,525

 

Seabrook Village Inc. Facility,
5.25%, 11/15/26

 

 

140

 

 

138,316

 

New Jersey Health Care Facilities
Financing Authority, RB:

 

 

 

 

 

 

 

AHS Hospital Corp., 6.00%,
7/01/41

 

 

230

 

 

269,242

 

Hospital Asset Transformation
Program, Series A, 5.25%,
10/01/38

 

 

250

 

 

267,385

 

Meridian Health, Series I (AGC),
5.00%, 7/01/38

 

 

100

 

 

104,968

 


 

 

 

 

 

 

 

 

 

BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.

APRIL 30, 2012

1




 

 

 

 

Schedule of Investments (continued)

BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New Jersey (continued)

 

 

 

 

 

 

 

Health (concluded)

 

 

 

 

 

 

 

New Jersey Health Care Facilities
Financing Authority, RB (concluded):

 

 

 

 

 

 

 

Virtua Health (AGC), 5.50%,
7/01/38

 

$

150

 

$

163,311

 

New Jersey Health Care Facilities
Financing Authority, Refunding RB:

 

 

 

 

 

 

 

Barnabas Health, Series A,
5.63%, 7/01/32

 

 

70

 

 

74,989

 

Barnabas Health, Series A,
5.63%, 7/01/37

 

 

190

 

 

200,781

 

Meridian Health System
Obligated Group Issue,
5.00%, 7/01/26

 

 

115

 

 

125,934

 

St. Barnabas Health Care
System, Series A, 5.00%,
7/01/29

 

 

250

 

 

253,515

 

 

 

 

 

 

 

2,272,815

 

Housing — 9.5%

 

 

 

 

 

 

 

New Jersey State Housing & Mortgage
Finance Agency, RB:

 

 

 

 

 

 

 

S/F Housing, Series X, AMT,
4.85%, 4/01/16

 

 

375

 

 

387,975

 

S/F Housing, Series X, AMT,
5.05%, 4/01/18

 

 

200

 

 

216,202

 

S/F Housing, Series CC,
5.00%, 10/01/34

 

 

205

 

 

214,879

 

Series A, 4.75%, 11/01/29

 

 

140

 

 

147,304

 

Series AA, 6.38%, 10/01/28

 

 

215

 

 

236,317

 

Series AA, 6.50%, 10/01/38

 

 

115

 

 

123,386

 

 

 

 

 

 

 

1,326,063

 

State — 27.4%

 

 

 

 

 

 

 

New Jersey EDA, RB:

 

 

 

 

 

 

 

Kapkowski Road Landfill
Project, Series 1998B-MB,
AMT, 6.50%, 4/01/31

 

 

250

 

 

283,450

 

Motor Vehicle Surcharge, Series A
(NPFGC), 5.25%, 7/01/24

 

 

300

 

 

356,901

 

Motor Vehicle Surcharge, Series A
(NPFGC), 5.25%, 7/01/25

 

 

570

 

 

677,827

 

School Facilities Construction,
Series Y, 5.00%, 9/01/33

 

 

400

 

 

430,516

 

School Facilities Construction,
Series Z (AGC), 5.50%, 12/15/34

 

 

500

 

 

557,400

 

School Facilities Construction,
Series Z (AGC), 6.00%, 12/15/34

 

 

300

 

 

343,992

 

New Jersey EDA, Refunding RB:

 

 

 

 

 

 

 

School Facilities Construction,
Series AA, 5.50%, 12/15/29

 

 

200

 

 

224,888

 

School Facilities Construction,
Series GG, 5.25%, 9/01/26

 

 

440

 

 

503,466

 

School Facilities Construction,
Series N-1 (NPFGC), 5.50%,
9/01/28

 

 

100

 

 

123,728

 


 

 

 

 

 

 

 

 

Municipal Bonds

 

Par
(000)

 

Value

 

New Jersey (concluded)

 

 

 

 

 

 

 

State (concluded)

 

 

 

 

 

 

 

State of New Jersey, COP, Equipment
Lease Purchase, Series A:

 

 

 

 

 

 

 

5.25%, 6/15/27

 

$

200

 

$

222,708

 

5.25%, 6/15/28

 

 

100

 

 

110,615

 

 

 

 

 

 

 

3,835,491

 

Transportation — 21.9%

 

 

 

 

 

 

 

Delaware River Port Authority, RB,
Series D, 5.00%, 1/01/40

 

 

95

 

 

101,995

 

New Jersey State Turnpike Authority, RB,
Series E, 5.25%, 1/01/40

 

 

215

 

 

237,063

 

New Jersey State Turnpike Authority,
Refunding RB, Series C (AMBAC):

 

 

 

 

 

 

 

6.50%, 1/01/16

 

 

160

 

 

189,651

 

6.50%, 1/01/16 (f)

 

 

180

 

 

200,040

 

New Jersey Transportation Trust Fund
Authority, RB, Transportation System:

 

 

 

 

 

 

 

6.00%, 12/15/38

 

 

100

 

 

114,855

 

Series A, 6.00%, 6/15/35

 

 

500

 

 

602,105

 

Series A, 5.88%, 12/15/38

 

 

175

 

 

199,490

 

Series A (AGC), 5.63%, 12/15/28

 

 

100

 

 

115,662

 

Series B, 5.25%, 6/15/36

 

 

300

 

 

335,226

 

Port Authority of New York & New Jersey,
RB, JFK International Air Terminal,
6.00%, 12/01/42

 

 

170

 

 

188,421

 

Port Authority of New York & New Jersey,
Refunding RB, Consolidated, 152nd
Series, AMT, 5.75%, 11/01/30

 

 

250

 

 

288,620

 

South Jersey Transportation Authority,
RB, Series A (NPFGC), 4.50%,
11/01/35

 

 

490

 

 

497,933

 

 

 

 

 

 

 

3,071,061

 

Total Municipal Bonds in New Jersey

 

 

 

 

 

17,997,220

 

 

 

 

 

 

 

 

 

Puerto Rico — 8.7%

 

 

 

 

 

 

 

State — 6.6%

 

 

 

 

 

 

 

Puerto Rico Sales Tax Financing Corp.,
RB, First Sub-Series A:

 

 

 

 

 

 

 

5.75%, 8/01/37

 

 

365

 

 

403,635

 

6.00%, 8/01/42

 

 

250

 

 

282,030

 

Puerto Rico Sales Tax Financing Corp.,
Refunding RB, First Sub Series C,
6.00%, 8/01/39

 

 

205

 

 

234,338

 

 

 

 

 

 

 

920,003

 

Transportation — 2.1%

 

 

 

 

 

 

 

Puerto Rico Highway & Transportation
Authority, Refunding RB, Series CC
(AGM), 5.50%, 7/01/30

 

 

250

 

 

290,307

 

Total Municipal Bonds in Puerto Rico

 

 

 

 

 

1,210,310

 


Total Municipal Bonds – 137.2%

 

 

 

 

 

19,207,530

 

 


 

 

 

 

 

 

 

 

 

BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.

APRIL 30, 2012

2




 

 

 

 

Schedule of Investments (continued)

BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ)

(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Municipal Bonds Transferred to
Tender Option Bond (TOB) Trusts (g)

 

Par
(000)

 

Value

 

New Jersey — 12.9%

 

 

 

 

 

 

 

County/City/Special District/School District — 5.1%

 

 

 

 

 

 

 

Union County Utilities Authority,
Refunding RB, Covanta Union, Inc.,
Series A, AMT, 5.25%, 12/01/31

 

$

670

 

$

722,823

 

Education — 4.0%

 

 

 

 

 

 

 

State University of New Jersey,
Refunding RB, Series F, 5.00%,
5/01/39

 

 

510

 

 

556,871

 

Transportation — 3.8%

 

 

 

 

 

 

 

Port Authority of New York & New Jersey,
Refunding RB, AMT:

 

 

 

 

 

 

 

Consolidated, 106th Series,
GO, 5.00%, 10/15/41

 

 

255

 

 

271,440

 

Consolidated, 152nd Series,
5.25%, 11/01/35

 

 

240

 

 

259,642

 

 

 

 

 

 

 

531,082

 

Total Municipal Bonds in New Jersey

 

 

 

 

 

1,810,776

 

 

 

 

 

 

 

 

 

Puerto Rico — 1.1%

 

 

 

 

 

 

 

State — 1.1%

 

 

 

 

 

 

 

Puerto Rico Sales Tax Financing Corp.,
Refunding RB, Senior Series C, 5.25%,
8/01/40

 

 

140

 

 

153,188

 

Total Municipal Bonds Transferred to
Tender Option Bond (TOB) Trusts – 14.0%

 

 

 

 

 

1,963,964

 

Total Long-Term Investments
(Cost – $19,821,615) – 151.2%

 

 

 

 

 

21,171,494

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-Term Securities

 

 

 

 

 

 

 

 


Shares

 

 

 

 

Money Market Funds — 4.8%

 

 

 

 

 

 

 

BIF New Jersey Municipal Money
Fund, 0.00% (h)(i)

 

 

673,830

 

 

673,830

 

Total Short-Term Securities
(Cost – $673,830) – 4.8%

 

 

 

 

 

673,830

 

Total Investments (Cost - $20,495,445*) – 156.0%

 

 

 

 

 

21,845,324

 

Other Assets Less Liabilities – 0.9%

 

 

 

 

 

132,330

 

Liability for TOB Trust Certificates, Including Interest
Expense and Fees Payable – (7.7)%

 

 

 

 

 

(1,075,107

)

AMPS, at Redemption Value – (49.2)%

 

 

 

 

 

(6,900,432

)

Net Assets Applicable to Common Shares – 100.0%

 

 

 

 

$

14,002,115

 


 

 

*

As of April 30, 2012, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows:


 

 

 

 

 

Aggregate cost

 

$

19,429,557

 

Gross unrealized appreciation

 

$

1,580,435

 

Gross unrealized depreciation

 

 

(239,330

)

Net unrealized appreciation

 

$

1,341,105

 


 

 

(a)

Variable rate security. Rate shown is as of report date.

 

 

(b)

Represents a step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate shown is as of report date.

 

 

(c)

Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

 

 

(d)

Issuer filed for bankruptcy and/or is in default of interest payments.

 

 

(e)

Non-income producing security.

 

 

(f)

Security is collateralized by Municipal or US Treasury obligations.

 

 

(g)

Securities represent bonds transferred to a TOB in exchange for which the Trust acquired residual interest certificates. These securities serve as collateral in a financing transaction.

 

 

(h)

Investments in companies considered to be an affiliate of the Trust during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

Affiliate

 


Shares
Held at
July 31, 2011

 

Net
Activity

 

Shares
Held at
April 30, 2012

 

Income

 

 

BIF New Jersey
Municipal
Money Fund

 

 

209,983

 

 

463,847

 

 

673,830

 

$

24

 


 

 

(i)

Represents the current yield as of report date.


 

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

 

 

 

AGC

 

Assured Guaranty Corp.

AGM

 

Assured Guaranty Municipal Corp.

AMBAC

 

American Municipal Bond Assurance Corp.

AMT

 

Alternative Minimum Tax (subject to)

CAB

 

Capital Appreciation Bonds

COP

 

Certificates of Participation

EDA

 

Economic Development Authority

GO

 

General Obligation Bonds

NPFGC

 

National Public Finance Guarantee Corp.

RB

 

Revenue Bonds

S/F

 

Single-Family


 

 

 

 

 

 

 

 

 

BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.

APRIL 30, 2012

3




 

 

 

 

Schedule of Investments (concluded)

BlackRock New Jersey Investment Quality Municipal Trust Inc. (RNJ)


 

 

For Trust compliance purposes, the Trust’s sector classifications refer to any one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes and/or as defined by Trust management. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

 

 

Financial futures contracts sold as of April 30, 2012 were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contracts

 

Issue

 

Exchange

 

Expiration

 

Notional
Value

 

Unrealized
Depreciation

 

15

 

10-Year US
Treasury
Note

 

Chicago
Board of
Trade

 

June 2012

 

$

1,984,219

 

$

(22,294

)


 

 

 

Fair Value Measurements - Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

 

 

 

Level 1 — unadjusted price quotations in active markets/exchanges for identical assets and liabilities

 

 

 

 

Level 2 — other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market- corroborated inputs)

 

 

 

 

Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Trust’s own assumptions used in determining the fair value of investments and derivative financial instruments)

Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Trust’s policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of investments and derivative financial instruments and other significant accounting policies, please refer to the Trust’s most recent financial statements as contained in its semi-annual report.

The following tables summarize the inputs used as of April 30, 2012 in determining the fair valuation of the Trust’s investments and derivative financial instruments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-Term
Investments1

 

 

 

$

21,171,494

 

 

 

$

21,171,494

 

Short-Term
Securities

 

$

673,830

 

 

 

 

 

 

673,830

 

Total

 

$

673,830

 

$

21,171,494

 

 

 

$

21,845,324

 


 

 

1

See above Schedule of Investments for values in each sector.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Derivative Financial
Instruments2

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate
contracts

 

$

(22,294)

 

 

 

 

 

$

(22,294

)


 

 

2

Derivative financial instruments are financial futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument.

Certain of the Trust’s assets and liabilities are held at carrying amount which approximates fair value. Such assets and liabilities are categorized within the disclosure hierarchy as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Inputs

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash pledged as
collateral for
financial futures
contracts

 

$

20,000

 

 

 

 

 

$

20,000

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Bank
Overdraft

 

 

(95,250

)

 

 

 

 

 

(95,250

)

TOB trust
certificates

 

 

 

$

(1,074,662

)

 

 

 

(1,074,662

)

Total

 

$

(75,250

)

$

(1,074,662

)

 

 

$

(1,149,912

)

There were no transfers between levels during the period ended April 30, 2012.

 

 

 

 

 

 

 

 

 

BLACKROCK NEW JERSEY INVESTMENT QUALITY MUNICIPAL TRUST INC.

APRIL 30, 2012

4


Item 2 –

Controls and Procedures

 

 

2(a) –

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

 

 

2(b) –

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

 

Item 3 –

Exhibits

 

 

 

Certifications – Attached hereto

 

 

 

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.

 

 

 

BlackRock New Jersey Investment Quality Municipal Trust, Inc.

 

 

  By: /s/ John M. Perlowski  
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock New Jersey Investment Quality Municipal Trust, Inc.
   
  Date: June 22, 2012
   
  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/ John M. Perlowski  
    John M. Perlowski
    Chief Executive Officer (principal executive officer) of
    BlackRock New Jersey Investment Quality Municipal Trust, Inc.
   
  Date: June 22, 2012
   
  By: /s/ Neal J. Andrews  
    Neal J. Andrews
    Chief Financial Officer (principal financial officer) of
    BlackRock New Jersey Investment Quality Municipal Trust, Inc.
     
  Date: June 22, 2012

 


EX-99.CERT 2 i00269_ex99-cert.htm

EX-99. CERT

 

CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, John M. Perlowski, Chief Executive Officer (principal executive officer) of BlackRock New Jersey Investment Quality Municipal Trust, Inc., certify that:

1.        I have reviewed this report on Form N-Q of BlackRock New Jersey Investment Quality Municipal Trust, Inc.;

2.        Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.        Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4.        The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a)        designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)        designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)        evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

d)        disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.        The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)        all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

b)        any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: June 22, 2012

/s/ John M. Perlowski  

John M. Perlowski

Chief Executive Officer (principal executive officer) of

BlackRock New Jersey Investment Quality Municipal Trust, Inc.

 


EX-99. CERT

 

CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, Neal J. Andrews, Chief Financial Officer (principal financial officer) of BlackRock New Jersey Investment Quality Municipal Trust, Inc., certify that:

1.        I have reviewed this report on Form N-Q of BlackRock New Jersey Investment Quality Municipal Trust, Inc.;

2.        Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.        Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4.        The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a)        designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)        designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)        evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

d)        disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.        The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)        all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

b)        any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: June 22, 2012

/s/ Neal J. Andrews  

Neal J. Andrews

Chief Financial Officer (principal financial officer) of

BlackRock New Jersey Investment Quality Municipal Trust, Inc.