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Morningstar

Nuveen NY Municipal Bond A NNYAX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 9.71  /  −0.40 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.760%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 3.73%
  • Effective Duration 8.08 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis NNYAX

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

  • People Pillar

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

Strength in Nuveen NY Municipal Bond A's People Pillar is partially offset by an Average Process Pillar rating, leading to 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
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Portfolio Holdings NNYAX

More NNYAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%

3.10 32.7 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

2.73 28.8 Mil
municipal

Us Dollars

2.53 26.6 Mil
Cash and Equivalents

NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%

2.37 25.0 Mil
municipal

NEW YORK TRANSN DEV CORP EXEMPT FAC REV 4%

1.89 20.0 Mil
municipal

WESTCHESTER CNTY N Y LOC DEV CORP REV 5%

1.87 19.7 Mil
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4.25%

1.69 17.8 Mil
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

1.69 17.8 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

1.62 17.0 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5.38%

1.50 15.8 Mil
municipal