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Morningstar

BNY Mellon NY AMT-Free Municipal Bond C PNYCX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 13.68  /  +0.01 %
  • Total Assets 930.8 Mil
  • Adj. Expense Ratio
    1.630%
  • Expense Ratio 1.630%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Muni New York Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.83%
  • Effective Duration —

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PNYCX

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

  • People Pillar

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

BNY Mellon NY AMT-Free Municipal Bond C's Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending 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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PNYCX

More PNYCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK ST DORM AUTH REVS 5.75%

2.34 21.6 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%

2.27 21.0 Mil
municipal

UTILITY DEBT SECURITIZATION AUTH N Y 5%

2.15 19.9 Mil
municipal

TSASC INC N Y 5%

1.98 18.3 Mil
municipal

PORT AUTH N Y & N J 6.125%

1.84 17.0 Mil
municipal

NEW YORK ST DORM AUTH REVS 0%

1.72 15.9 Mil
municipal

NEW YORK ST ENVIRONMENTAL FACS CORP ST CLEAN WTR & DRINKING WTR REV 5%

1.66 15.3 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

1.62 15.0 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.45 13.4 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y SALES TAX REV 4.125%

1.30 12.0 Mil
municipal