Morningstar

Nomura Tax-Free New York Fund Institutional Class DTNIX

Morningstar Medalist Rating
Medalist Rating as of | See Nomura Investment Hub
  • NAV / 1-Day Return 10.36  /  −0.10 %
  • Total Assets 235.9M
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.560%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.20%
  • Effective Duration 9.71 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis DTNIX

Will DTNIX outperform in the 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 DTNIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nomura Tax-Free New York Institutional holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings DTNIX

More DTNIX 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 N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25%

3.89 9M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

3.59 8M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

2.17 5M
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5.5%

1.94 5M
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

1.77 4M
municipal

GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%

1.76 4M
municipal

PUERTO RICO COMWLTH 0%

1.60 4M
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%

1.34 3M
municipal

NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REV 5.125%

1.34 3M
municipal

BUILD NYC RESOURCE CORP N Y SR ARPT FACS REV 5.5%

1.33 3M
municipal

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