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Morningstar

BNY Mellon New York Tax Exempt Bond DRNYX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 13.45  /  −0.07 %
  • Total Assets 726.2 Mil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.780%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni New York Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.71%
  • Effective Duration —

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:49 PM GMT+0

Morningstar’s Analysis DRNYX

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

  • People Pillar

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

BNY Mellon New York Tax Exempt Bond's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 DRNYX

More DRNYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK ST DORM AUTH REVS 5.75%

2.98 21.8 Mil
municipal

UTILITY DEBT SECURITIZATION AUTH N Y 5%

2.39 17.5 Mil
municipal

NEW YORK ST DORM AUTH REVS

2.19 16.0 Mil
municipal

TSASC INC N Y 5%

2.16 15.8 Mil
municipal

NEW YORK ST ENVIRONMENTAL FACS CORP ST CLEAN WTR & DRINKING WTR REV 5%

2.10 15.3 Mil
municipal

PORT AUTH N Y & N J 6.125%

2.06 15.0 Mil
municipal

NEW YORK N Y 5%

1.85 13.5 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.81 13.2 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

1.65 12.0 Mil
municipal

NEW YORK N Y 5%

1.51 11.0 Mil
municipal