NEW YORK MONEY FUND
Fund
MUNXX
Price as of:
$1.00
- $0.00
- 0.00%
Primary Theme
N/A
fund company
Name
As of 02/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.5%
1 yr return
2.4%
3 Yr Avg Return
1.1%
5 Yr Avg Return
0.9%
Net Assets
$33.7 M
Holdings in Top 10
40.8%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000,000
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 02/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MUNXX - Profile
Distributions
- YTD Total Return 0.5%
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return 0.9%
- Capital Gain Distribution Frequency None
- Net Income Ratio 0.01%
- Dividend Yield 2.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameNEW YORK MONEY FUND
-
Fund Family NameBlackRock-advised Funds
-
Inception DateDec 15, 1999
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
New York Money Fund invests primarily in a broad range of short-term obligations and derivative securities such as beneficial interests in municipal trust certificates and partnership trusts (“Municipal Obligations”) issued by or on behalf of the State of New York and its authorities, agencies, instrumentalities and political subdivisions. The Fund may also invest in Municipal Obligations issued by or on behalf of other states, territories and possessions of the United States, the District of Columbia and their respective authorities, agencies, instrumentalities and political subdivisions. Under normal circumstances, the Fund will invest at least 80% of
its net assets, plus the amount of any borrowing for investment purposes, in Municipal Obligations, the interest on which, in the opinion of counsel to the issuer of the obligation, is exempt from taxation under the Constitution or statutes of New York, including municipal securities issued by the State of New York and its political subdivisions, as well as certain other governmental issuers, such as the Commonwealth of Puerto Rico, the U.S. Virgin Islands and Guam, that pay interest that, in the opinion of counsel to the issuer, is exempt from federal income tax and from New York State and New York City personal income tax (“New York Municipal Obligations”). Additionally, the Fund may not invest less than 80% of its assets in securities the interest on which is exempt from federal income taxes, except during defensive periods or during periods of unusual market conditions. Dividends paid by the Fund that are derived from interest on New York Municipal Obligations are exempt from regular federal, New York State and New York City personal income tax. Municipal Obligations in which the Fund may invest will also not be subject to the federal alternative minimum tax. The Fund invests in securities maturing in 397 days or less (with certain exceptions) and the portfolio will have a dollar-weighted average maturity of 60 days or less and a dollar-weighted average life of 120 days or less. The Fund may also invest in variable and floating rate instruments, and transact in securities on a when-issued, delayed delivery or forward commitment basis.
The securities purchased by the Fund are subject to the quality, diversification, and other requirements of Rule 2a‑7 under the Investment Company Act of 1940, as amended (the “1940 Act”), and other rules of the Securities and Exchange Commission. The Fund will only purchase securities that present minimal credit risk as determined by BlackRock, the Fund’s investment manager, pursuant to guidelines approved by the Trust’s Board of Trustees (the “Board”).
MUNXX - Performance
Return Ranking - Trailing
Period | MUNXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.5% | 0.0% | 0.9% | 47.37% |
1 Yr | 2.4% | 0.0% | 5.1% | 86.32% |
3 Yr | 1.1%* | 0.0% | 2.3% | 82.76% |
5 Yr | 0.9%* | 0.0% | 1.8% | 82.02% |
10 Yr | 0.7%* | 0.0% | 1.0% | 55.56% |
* Annualized
Return Ranking - Calendar
Period | MUNXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -0.1% | 0.0% | 85.26% |
2022 | 0.0% | 0.0% | 0.0% | 86.32% |
2021 | 0.0% | 0.0% | 0.0% | 86.21% |
2020 | 0.0% | 0.0% | 0.0% | 85.54% |
2019 | 0.0% | 0.0% | 0.0% | 87.36% |
Total Return Ranking - Trailing
Period | MUNXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.5% | 0.0% | 0.9% | 47.37% |
1 Yr | 2.4% | 0.0% | 5.1% | 86.32% |
3 Yr | 1.1%* | 0.0% | 2.3% | 82.76% |
5 Yr | 0.9%* | 0.0% | 1.8% | 82.02% |
10 Yr | 0.7%* | 0.0% | 1.0% | 55.56% |
* Annualized
Total Return Ranking - Calendar
Period | MUNXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.3% | 0.0% | 5.4% | 90.53% |
2022 | 0.7% | 0.0% | 1.2% | 67.37% |
2021 | 0.0% | 0.0% | 0.3% | 75.86% |
2020 | 0.5% | 0.0% | 1.3% | 19.28% |
2019 | 1.1% | 0.0% | 2.7% | 48.28% |
NAV & Total Return History
MUNXX - Holdings
Concentration Analysis
MUNXX | Category Low | Category High | MUNXX % Rank | |
---|---|---|---|---|
Net Assets | 33.7 M | 3.67 M | 19.7 B | 96.84% |
Number of Holdings | 48 | 1 | 921 | 86.32% |
Net Assets in Top 10 | 41.1 M | 40.6 M | 17.4 B | 97.89% |
Weighting of Top 10 | 40.75% | 9.8% | 100.0% | 25.26% |
Top 10 Holdings
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
- Usd Cash(Committed) 7.33%
Asset Allocation
Weighting | Return Low | Return High | MUNXX % Rank | |
---|---|---|---|---|
Bonds | 94.61% | 0.00% | 99.21% | 8.42% |
Cash | 5.39% | 0.79% | 100.00% | 92.63% |
Stocks | 0.00% | 0.00% | 0.00% | 86.32% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 86.32% |
Other | 0.00% | 0.00% | 0.00% | 86.32% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 86.32% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MUNXX % Rank | |
---|---|---|---|---|
Municipal | 94.61% | 0.00% | 99.21% | 6.32% |
Cash & Equivalents | 5.39% | 0.79% | 100.00% | 94.74% |
Derivative | 0.00% | 0.00% | 0.00% | 86.32% |
Securitized | 0.00% | 0.00% | 0.00% | 86.32% |
Corporate | 0.00% | 0.00% | 0.00% | 86.32% |
Government | 0.00% | 0.00% | 13.45% | 88.42% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MUNXX % Rank | |
---|---|---|---|---|
US | 94.61% | 0.00% | 99.21% | 8.42% |
Non US | 0.00% | 0.00% | 0.00% | 86.32% |
MUNXX - Expenses
Operational Fees
MUNXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.50% | 0.15% | 1.77% | 45.26% |
Management Fee | 0.38% | 0.08% | 0.49% | 97.89% |
12b-1 Fee | N/A | 0.00% | 0.75% | N/A |
Administrative Fee | N/A | 0.05% | 0.55% | N/A |
Sales Fees
MUNXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MUNXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
MUNXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 0.00% | 83.33% |
MUNXX - Distributions
Dividend Yield Analysis
MUNXX | Category Low | Category High | MUNXX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.55% | 0.00% | 0.00% | 86.32% |
Dividend Distribution Analysis
MUNXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MUNXX | Category Low | Category High | MUNXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | 0.00% | 0.12% | 84.62% |
Capital Gain Distribution Analysis
MUNXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 31, 2021 | $0.000 | OrdinaryDividend |
Nov 30, 2021 | $0.000 | OrdinaryDividend |
Oct 29, 2021 | $0.000 | OrdinaryDividend |
Sep 30, 2021 | $0.000 | OrdinaryDividend |
Aug 31, 2021 | $0.000 | OrdinaryDividend |
Jul 30, 2021 | $0.000 | OrdinaryDividend |
Jun 30, 2021 | $0.000 | OrdinaryDividend |
May 28, 2021 | $0.000 | OrdinaryDividend |
Apr 30, 2021 | $0.000 | OrdinaryDividend |
Mar 31, 2021 | $0.000 | OrdinaryDividend |
Feb 26, 2021 | $0.000 | OrdinaryDividend |
Jan 29, 2021 | $0.000 | OrdinaryDividend |
Jan 04, 2021 | $0.000 | OrdinaryDividend |
Dec 01, 2020 | $0.000 | OrdinaryDividend |
Nov 02, 2020 | $0.000 | OrdinaryDividend |
Oct 01, 2020 | $0.000 | OrdinaryDividend |
Sep 01, 2020 | $0.000 | OrdinaryDividend |
Aug 03, 2020 | $0.000 | OrdinaryDividend |
Jul 01, 2020 | $0.000 | OrdinaryDividend |
Jun 01, 2020 | $0.000 | OrdinaryDividend |
May 01, 2020 | $0.000 | OrdinaryDividend |
Apr 01, 2020 | $0.002 | OrdinaryDividend |
Mar 02, 2020 | $0.001 | OrdinaryDividend |
Feb 03, 2020 | $0.001 | OrdinaryDividend |
Dec 31, 2019 | $0.001 | OrdinaryDividend |
Nov 29, 2019 | $0.001 | OrdinaryDividend |
Oct 31, 2019 | $0.001 | OrdinaryDividend |
Sep 30, 2019 | $0.001 | OrdinaryDividend |
Aug 30, 2019 | $0.001 | OrdinaryDividend |
Jul 31, 2019 | $0.001 | OrdinaryDividend |
Apr 30, 2019 | $0.001 | DailyAccrualFund |
Mar 29, 2019 | $0.001 | DailyAccrualFund |
Feb 28, 2019 | $0.001 | DailyAccrualFund |
Jan 31, 2019 | $0.001 | DailyAccrualFund |
Dec 31, 2018 | $0.001 | DailyAccrualFund |
Nov 30, 2018 | $0.001 | DailyAccrualFund |
Oct 31, 2018 | $0.001 | DailyAccrualFund |
Aug 31, 2018 | $0.001 | DailyAccrualFund |
Jul 31, 2018 | $0.001 | DailyAccrualFund |
Jun 29, 2018 | $0.001 | DailyAccrualFund |
May 31, 2018 | $0.001 | DailyAccrualFund |
Apr 30, 2018 | $0.001 | DailyAccrualFund |
Mar 29, 2018 | $0.001 | DailyAccrualFund |
Feb 28, 2018 | $0.001 | DailyAccrualFund |
Jan 31, 2018 | $0.001 | DailyAccrualFund |
Dec 29, 2017 | $0.001 | DailyAccrualFund |
Nov 30, 2017 | $0.001 | DailyAccrualFund |
Oct 31, 2017 | $0.001 | DailyAccrualFund |
Sep 29, 2017 | $0.001 | DailyAccrualFund |
Aug 31, 2017 | $0.000 | DailyAccrualFund |
Jun 30, 2017 | $0.000 | DailyAccrualFund |
May 31, 2017 | $0.001 | DailyAccrualFund |
Apr 28, 2017 | $0.001 | DailyAccrualFund |
Mar 31, 2017 | $0.000 | DailyAccrualFund |
Feb 28, 2017 | $0.000 | DailyAccrualFund |
Jan 31, 2017 | $0.000 | DailyAccrualFund |
Dec 30, 2016 | $0.000 | DailyAccrualFund |
Nov 30, 2016 | $0.000 | DailyAccrualFund |
Oct 31, 2016 | $0.000 | DailyAccrualFund |
Sep 30, 2016 | $0.000 | DailyAccrualFund |
Aug 31, 2016 | $0.000 | DailyAccrualFund |
Jul 29, 2016 | $0.000 | DailyAccrualFund |
Jun 30, 2016 | $0.000 | DailyAccrualFund |
May 31, 2016 | $0.000 | DailyAccrualFund |
Apr 29, 2016 | $0.000 | DailyAccrualFund |
Apr 30, 2012 | $0.000 | DailyAccrualFund |
Apr 29, 2011 | $0.000 | DailyAccrualFund |
Mar 31, 2011 | $0.000 | DailyAccrualFund |
Feb 28, 2011 | $0.000 | DailyAccrualFund |
Jan 31, 2011 | $0.000 | DailyAccrualFund |
Dec 31, 2010 | $0.000 | DailyAccrualFund |