Advertisement
Skip to Content
Morningstar

Wilmington New York Municipal Bond Instl WNYIX

Morningstar Analyst Rating
Quantitative rating as of | See Wilmington Trust Investment Hub
  • NAV / 1-Day Return 9.92  /  0.30 %
  • Total Assets 45.3 Mil
  • Adj. Expense Ratio
    0.570%
  • Expense Ratio 0.570%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni New York Intermediate
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 1.69%
  • Effective Duration 4.69 years

USD | NAV as of Feb 06, 2023 | 1-Day Return as of Feb 06, 2023, 11:32 PM GMT+00:00

Morningstar’s Analysis WNYIX

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

People Pillar

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

Summary

|

Weakness in Wilmington New York Municipal Bond Instl's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

Unlock our full analysis with Morningstar Investor