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Morningstar

American Funds Tax-Exempt Fund of NY F1 NYAEX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 9.97  /  −0.39 %
  • Total Assets 267.6 Mil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.74%
  • Effective Duration 7.26 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis NYAEX

Will NYAEX 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 NYAEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NYAEX 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 NYAEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin American Funds Tax-Exempt Fund of NY F1's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NYAEX

More NYAEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 0%

2.33 6.4 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%

1.21 3.3 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%

1.07 2.9 Mil
municipal

NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4%

1.05 2.9 Mil
municipal

HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 5%

1.04 2.9 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

0.94 2.6 Mil
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 3.68%

0.91 2.5 Mil
municipal

NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4%

0.89 2.4 Mil
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

0.88 2.4 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4.125%

0.85 2.3 Mil
municipal