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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 13.51  /  −0.07 %
  • Total Assets 224.0 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 1.82%
  • Effective Duration —

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:49 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 highest 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 19.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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

2.30 5.2 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

2.25 5.0 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

2.23 5.0 Mil
municipal

MONROE CNTY N Y INDL DEV CORP REV 4%

1.90 4.3 Mil
municipal

PORT AUTH N Y & N J 5%

1.83 4.1 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

1.82 4.1 Mil
municipal

PORT AUTH N Y & N J 5%

1.82 4.1 Mil
municipal

MONROE CNTY N Y INDL DEV CORP REV 5%

1.69 3.8 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

1.67 3.7 Mil
municipal

NEW YORK N Y 5%

1.61 3.6 Mil
municipal