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.
Columbia New York Itmt Muncpl Bd A LNYAX
- NAV / 1-Day Return 11.05 / +0.01 %
- Total Assets 109.5 Mil
-
Adj. Expense Ratio
- 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 4.63 years
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 25.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | 3.44 | 4.0 Mil | municipal |
NEW YORK ST DORM AUTH REVS 0% | 3.13 | 3.6 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | 2.77 | 3.2 Mil | municipal |
METROPOLITAN TRANSN AUTH N Y REV 5% | 2.68 | 3.1 Mil | municipal |
LONG ISLAND PWR AUTH N Y ELEC SYS REV 5% | 2.57 | 3.0 Mil | municipal |
PORT AUTH N Y & N J 5% | 2.43 | 2.8 Mil | municipal |
METROPOLITAN TRANSN AUTH N Y REV 5% | 2.40 | 2.8 Mil | municipal |
TRIBOROUGH BRDG & TUNL AUTH NY REVS 5% | 2.09 | 2.4 Mil | municipal |
NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 5% | 2.00 | 2.3 Mil | municipal |
YONKERS N Y 5% | 1.99 | 2.3 Mil | municipal |