DRNYX : BNY Mellon New York Tax Exempt Bond Fund, Inc.

DRNYX is a Bond Market Municipal Bond with HIGH fees.

DRNYX

BNY Mellon New York Tax Exempt Bond Fund, Inc.

FI Score

50 /100

Expense Ratio Rating

5 /10

Expense Rating

2 /10

Market Score

6 /10

Category Score

8 /10

Market Size

6 /10

50% FI Score
  • drnyx
  • Mutual Fund
  • Bond
  • Municipal Bond

BNY Mellon New York Tax Exempt Bond Fund, Inc.

Expenses: 0.78% (Better than 0% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks as high a level of current income exempt from federal, New York state and New York city income taxes as is consistent with the preservation of capital. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal, New York state and New York city income taxes. It may invest up to 20% of its assets in municipal bonds rated below investment grade ("high yield" or "junk" bonds) or the unrated equivalent as determined by the advisor. The fund is non-diversified.

Largest Holdings

Amount Holding
4.13% NEW YORK ST DORM AUTH REVS 5.75%
2.30% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%
2.06% UTILITY DEBT SECURITIZATION AUTH N Y 5%
1.86% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
1.84% NEW YORK ST ENVIRONMENTAL FACS CORP ST CLEAN WTR & DRINKING WTR REV 5%
1.76% PORT AUTH N Y & N J 6.12%
1.72% NEW YORK ST DORM AUTH REVS
1.67% TSASC INC N Y 5%
1.58% NEW YORK N Y 5%
1.36% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
1.32% NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%
1.32% METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5%
1.28% NEW YORK N Y 5%
1.26% SUFFOLK TOB ASSET SECURITIZATION CORP N Y TOB SETTLEMENT ASSET-BKD 6%
1.24% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
1.23% TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%
1.22% METROPOLITAN TRANSN AUTH N Y REV 5%
1.21% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
1.20% NEW YORK N Y 5%
1.14% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
1.14% METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5%
1.11% NEW YORK N Y CITY INDL DEV AGY REV 5%
1.07% MTA HUDSON RAIL YARDS TR OBLIGS REV 5%
1.07% NEW YORK LIBERTY DEV CORP LIBERTY REV 5%
1.05% NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo