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.
BNY Mellon NY Intermediate T/E Bd Inv MNYIX
- NAV / 1-Day Return 10.42 / +0.02 %
- Total Assets 91.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.840%
- Distribution Fee Level High
- Share Class Type No Load
- Category Muni New York Intermediate
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 2.17%
- Effective Duration 4.56 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis MNYIX
Will MNYIX 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 20.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
UTILITY DEBT SECURITIZATION AUTH N Y 5% | 3.01 | 2.7 Mil | municipal |
TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 3% | 2.62 | 2.4 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | 2.19 | 2.0 Mil | municipal |
NEW YORK N Y 5% | 1.88 | 1.7 Mil | municipal |
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5% | 1.88 | 1.7 Mil | municipal |
WESTCHESTER CNTY N Y LOC DEV CORP REV 5.25% | 1.82 | 1.7 Mil | municipal |
UTILITY DEBT SECURITIZATION AUTH N Y 5% | 1.69 | 1.5 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5.15% | 1.65 | 1.5 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 1.65 | 1.5 Mil | municipal |
NEW YORK N Y CITY INDL DEV AGY REV 3% | 1.59 | 1.5 Mil | municipal |