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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.90

$864 M

6.25%

$0.81

0.73%

Vitals

YTD Return

-14.6%

1 yr return

-7.2%

3 Yr Avg Return

0.0%

5 Yr Avg Return

1.2%

Net Assets

$864 M

Holdings in Top 10

21.1%

52 WEEK LOW AND HIGH

$12.9
$12.90
$15.14

Expenses

OPERATING FEES

Expense Ratio 0.73%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 7.44%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Muni New York Intermediate


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.90

$864 M

6.25%

$0.81

0.73%

DRNYX - Profile

Distributions

  • YTD Total Return -14.6%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.53%
DIVIDENDS
  • Dividend Yield 6.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon New York Tax Exempt Bond Fund, Inc.
  • Fund Family Name
    Dreyfus
  • Inception Date
    Jul 26, 1983
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Casey

Fund Description

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.


DRNYX - Performance

Return Ranking - Trailing

Period DRNYX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.6% -86.8% 7.5% 63.59%
1 Yr -7.2% -16.3% 15.7% 66.56%
3 Yr 0.0%* -6.2% 10.3% 67.16%
5 Yr 1.2%* -3.5% 5.7% 64.72%
10 Yr 1.9%* -0.6% 8.3% 54.98%

* Annualized

Return Ranking - Calendar

Period DRNYX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.7% -91.1% 101.7% 53.26%
2020 1.3% -79.2% 310.0% 67.35%
2019 4.0% -66.1% 15.4% 30.49%
2018 -2.9% -57.4% 97.2% 80.12%
2017 2.1% -100.0% 6.8% 25.68%

Total Return Ranking - Trailing

Period DRNYX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.6% -86.8% 7.5% 63.33%
1 Yr -7.2% -16.3% 23.6% 57.01%
3 Yr 0.0%* -7.0% 11.5% 58.91%
5 Yr 1.2%* -4.0% 5.7% 54.07%
10 Yr 1.9%* -0.6% 8.3% 51.38%

* Annualized

Total Return Ranking - Calendar

Period DRNYX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.7% -91.1% 101.7% 53.28%
2020 1.3% -79.2% 310.0% 67.32%
2019 4.0% -66.1% 15.4% 31.81%
2018 -2.9% -57.4% 97.2% 81.36%
2017 2.1% -48.8% 7.0% 29.68%

NAV & Total Return History


DRNYX - Holdings

Concentration Analysis

DRNYX Category Low Category High DRNYX % Rank
Net Assets 864 M 1.23 M 73.9 B 30.96%
Number of Holdings 176 1 14000 50.58%
Net Assets in Top 10 179 M -317 M 8.64 B 17.35%
Weighting of Top 10 21.06% 2.4% 100.0% 49.75%

Top 10 Holdings

  1. NEW YORK ST DORM AUTH REVS 5.75% 3.77%
  2. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 2.46%
  3. UTILITY DEBT SECURITIZATION AUTH N Y 5% 2.16%
  4. NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% 1.98%
  5. TSASC INC N Y 5% 1.91%
  6. NEW YORK ST ENVIRONMENTAL FACS CORP ST CLEAN WTR & DRINKING WTR REV 5% 1.90%
  7. PORT AUTH N Y & N J 6.125% 1.87%
  8. NEW YORK ST DORM AUTH REVS 1.83%
  9. NEW YORK N Y 5% 1.66%
  10. NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% 1.52%

Asset Allocation

Weighting Return Low Return High DRNYX % Rank
Bonds
99.99% 0.00% 150.86% 24.09%
Stocks
0.00% -0.03% 4.63% 77.07%
Preferred Stocks
0.00% -1.79% 0.04% 75.49%
Other
0.00% -13.03% 30.01% 75.53%
Convertible Bonds
0.00% 0.00% 0.93% 76.07%
Cash
0.00% -50.86% 100.00% 87.77%

Bond Sector Breakdown

Weighting Return Low Return High DRNYX % Rank
Municipal
100.00% 0.00% 100.00% 27.22%
Derivative
0.00% 0.00% 21.68% 75.93%
Cash & Equivalents
0.00% 0.00% 100.00% 96.53%
Securitized
0.00% 0.00% 5.93% 76.38%
Corporate
0.00% 0.00% 9.99% 80.12%
Government
0.00% 0.00% 52.02% 78.38%

Bond Geographic Breakdown

Weighting Return Low Return High DRNYX % Rank
US
99.18% 0.00% 142.23% 33.81%
Non US
0.81% 0.00% 62.14% 45.86%

DRNYX - Expenses

Operational Fees

DRNYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% 0.02% 3.60% 33.11%
Management Fee 0.60% 0.00% 1.10% 96.54%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

DRNYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.90% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

DRNYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DRNYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.44% 0.00% 283.00% 12.48%

DRNYX - Distributions

Dividend Yield Analysis

DRNYX Category Low Category High DRNYX % Rank
Dividend Yield 6.25% 0.00% 35.27% 14.27%

Dividend Distribution Analysis

DRNYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

DRNYX Category Low Category High DRNYX % Rank
Net Income Ratio 2.53% -0.53% 24.00% 18.56%

Capital Gain Distribution Analysis

DRNYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

DRNYX - Fund Manager Analysis

Managers

Thomas Casey


Start Date

Tenure

Tenure Rank

Dec 09, 2009

12.48

12.5%

Thomas C. Casey Director, Senior Portfolio Manager Tom is a senior portfolio manager for US Municipal Bond strategies. He is responsible for managing US Municipal Bond portfolios for institutional, insurance and high net worth clients. Previously, Tom worked as a trader and a portfolio analyst on the US Municipal team. Prior to joining the firm in 1993, Tom worked as an analyst at State Street Bank & Trust Company. Tom has been in the investment industry since 1988. Tom earned an MBA and a BA from Boston College.

Daniel Rabasco


Start Date

Tenure

Tenure Rank

Jul 31, 2014

7.84

7.8%

Dan is the head of municipal bonds at Mellon Investments Corp, overseeing and guiding the investment management process for the firm’s tax-exempt strategies. Previously, he was the head of trading for tax-exempt bonds, responsible for managing the municipal bond trading desk. Before joining the firm, Dan directed the municipal bond group at Fleet where he was responsible for managing mutual fund, common trust fund and high net worth client assets. Previously, he was a portfolio manager at Evergreen Investments, where he managed national and state-specific mutual funds. His other responsibilities included hospital and high yield credit analysis. Dan began his career as a municipal analyst at Liberty Insurance Company. Dan has been in the investment industry since 1987. Dan holds a BA from Boston College and an MBA from Suffolk University. Dan has served as a member of the Municipal Securities Rulemaking Board's Investor Advisory Group (2004-2008). He holds the CFA® designation and is a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.22 1.58