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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 10.76  /  0.09 %
  • Total Assets 124.1 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 2.35%
  • Effective Duration 4.63 years

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 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.

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-costliest 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 0
  • Bond Holdings 116
  • Other Holdings 4
  • % Assets in Top 10 Holdings 24.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK CONVENTION CTR DEV CORP N Y REV 5%

3.24
4,287,700
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

2.96
3,913,012
municipal

NEW YORK ST DORM AUTH REVS 0%

2.66
3,520,478
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

2.42
3,195,218
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

2.36
3,117,285
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.34
3,098,668
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.34
3,096,733
municipal

LONG ISLAND PWR AUTH N Y ELEC SYS REV 5%

2.24
2,959,093
municipal

PORT AUTH N Y & N J 5%

2.13
2,817,813
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.06
2,718,142
municipal