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 AMT-Free Municipal Bond A PSNYX
- NAV / 1-Day Return 13.68 / +0.02 %
- Total Assets 930.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.830%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni New York Intermediate
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.59%
- 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 PSNYX
Will PSNYX 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 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 |