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Morningstar

Columbia New York Itmt Muncpl Bd A LNYAX

Morningstar Medalist Rating
Medalist Rating as of | See Columbia Threadneedle Investment Hub
  • NAV / 1-Day Return 11.02  /  +0.01 %
  • Total Assets 107.7 Mil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni New York Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.31%
  • Effective Duration 4.77 years

USD | NAV as of Apr 30, 2024 | 1-Day Return as of Apr 30, 2024, 10:13 PM GMT+0

Morningstar’s Analysis LNYAX

Will LNYAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LNYAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LNYAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LNYAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Columbia New York Itmt Muncpl Bd A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LNYAX

More LNYAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

3.55 3.9 Mil
municipal

NEW YORK ST DORM AUTH REVS 0%

3.24 3.6 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

2.82 3.1 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.79 3.1 Mil
municipal

LONG ISLAND PWR AUTH N Y ELEC SYS REV 5%

2.60 2.9 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.49 2.8 Mil
municipal

PORT AUTH N Y & N J 5%

2.47 2.7 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%

2.14 2.4 Mil
municipal

NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 5%

2.03 2.2 Mil
municipal

YONKERS N Y 5%

2.01 2.2 Mil
municipal