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Morningstar

BNY Mellon NY Intermediate T/E Bd Inv MNYIX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 10.33  /  +0.01 %
  • Total Assets 95.4 Mil
  • Adj. Expense Ratio
    0.840%
  • 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 2.13%
  • Effective Duration 4.78 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 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.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MNYIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

BNY Mellon NY Intermediate T/ E Bd Inv's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MNYIX

More MNYIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UTILITY DEBT SECURITIZATION AUTH N Y 5%

2.92 2.8 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 3%

2.57 2.5 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

2.08 2.0 Mil
municipal

NEW YORK N Y CITY INDL DEV AGY REV 5%

1.85 1.8 Mil
municipal

NEW YORK N Y 5%

1.81 1.7 Mil
municipal

WESTCHESTER CNTY N Y LOC DEV CORP REV 5.25%

1.76 1.7 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5%

1.67 1.6 Mil
municipal

UTILITY DEBT SECURITIZATION AUTH N Y 5%

1.62 1.6 Mil
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

1.57 1.5 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 5.15%

1.57 1.5 Mil
municipal