Rockefeller Interm Tx Exmpt NY Bd Instl
Name
As of 08/26/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-12.5%
1 yr return
-7.2%
3 Yr Avg Return
-0.4%
5 Yr Avg Return
0.6%
Net Assets
$33.6 M
Holdings in Top 10
38.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.78%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 22.56%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 08/26/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RCNYX - Profile
Distributions
- YTD Total Return -12.5%
- 3 Yr Annualized Total Return -0.4%
- 5 Yr Annualized Total Return 0.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.20%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameRockefeller Intermediate Tax Exempt New York Bond Fund
-
Fund Family NameRockefeller & Co.
-
Inception DateDec 26, 2013
-
Shares Outstanding3517613
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Kello
Fund Description
RCNYX - Performance
Return Ranking - Trailing
Period | RCNYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -12.5% | -86.8% | 7.5% | 82.79% |
1 Yr | -7.2% | -16.3% | 15.7% | 66.44% |
3 Yr | -0.4%* | -6.2% | 10.3% | 86.01% |
5 Yr | 0.6%* | -3.5% | 5.7% | 87.49% |
10 Yr | N/A* | -0.6% | 8.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | RCNYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.0% | -91.1% | 101.7% | 87.59% |
2022 | 1.8% | -79.2% | 310.0% | 45.77% |
2021 | 4.1% | -66.1% | 15.4% | 29.00% |
2020 | -0.5% | -57.4% | 97.2% | 25.33% |
2019 | 1.4% | -100.0% | 6.8% | 43.02% |
Total Return Ranking - Trailing
Period | RCNYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -12.5% | -86.8% | 7.5% | 82.30% |
1 Yr | -7.2% | -16.3% | 23.6% | 57.00% |
3 Yr | -0.4%* | -7.0% | 11.5% | 72.28% |
5 Yr | 0.6%* | -4.0% | 5.7% | 77.42% |
10 Yr | N/A* | -0.6% | 8.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RCNYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.0% | -91.1% | 101.7% | 87.60% |
2022 | 1.8% | -79.2% | 310.0% | 45.80% |
2021 | 4.1% | -66.1% | 15.4% | 30.27% |
2020 | -0.5% | -57.4% | 97.2% | 28.65% |
2019 | 1.4% | -48.8% | 7.0% | 46.17% |
NAV & Total Return History
RCNYX - Holdings
Concentration Analysis
RCNYX | Category Low | Category High | RCNYX % Rank | |
---|---|---|---|---|
Net Assets | 33.6 M | 1.23 M | 73.9 B | 95.18% |
Number of Holdings | 42 | 1 | 14000 | 73.90% |
Net Assets in Top 10 | 14.1 M | -317 M | 8.64 B | 66.95% |
Weighting of Top 10 | 38.36% | 2.4% | 100.0% | 28.81% |
Top 10 Holdings
- NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% 5.86%
- New York N Y City Transitional Fin Auth Rev 5% 4.99%
- NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% 4.93%
- HOUSTON TEX UTIL SYS REV 5% 4.01%
- TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 6.25% 3.95%
- NASSAU CNTY N Y INTERIM FIN AUTH 4% 3.90%
- NEW YORK N Y 5% 3.82%
- PORT AUTH N Y & N J 5% 3.71%
- NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5% 3.60%
- SALES TAX ASSET RECEIVABLE CORP N Y 5% 3.57%
Asset Allocation
Weighting | Return Low | Return High | RCNYX % Rank | |
---|---|---|---|---|
Bonds | 99.54% | 0.00% | 150.86% | 49.45% |
Cash | 0.46% | -50.86% | 100.00% | 49.84% |
Stocks | 0.00% | -0.03% | 4.63% | 30.32% |
Preferred Stocks | 0.00% | -1.79% | 0.04% | 27.16% |
Other | 0.00% | -13.03% | 30.01% | 28.31% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 27.47% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RCNYX % Rank | |
---|---|---|---|---|
Municipal | 99.54% | 0.00% | 100.00% | 45.06% |
Cash & Equivalents | 0.46% | 0.00% | 100.00% | 53.74% |
Derivative | 0.00% | 0.00% | 21.68% | 27.03% |
Securitized | 0.00% | 0.00% | 5.93% | 28.44% |
Corporate | 0.00% | 0.00% | 9.99% | 40.63% |
Government | 0.00% | 0.00% | 52.02% | 31.37% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RCNYX % Rank | |
---|---|---|---|---|
US | 99.54% | 0.00% | 142.23% | 30.04% |
Non US | 0.00% | 0.00% | 62.14% | 76.96% |
RCNYX - Expenses
Operational Fees
RCNYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.78% | 0.02% | 3.60% | 28.41% |
Management Fee | 0.35% | 0.00% | 1.10% | 25.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | 51.72% |
Sales Fees
RCNYX 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
RCNYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 16.67% |
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.
RCNYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 22.56% | 0.00% | 283.00% | 67.37% |
RCNYX - Distributions
Dividend Yield Analysis
RCNYX | Category Low | Category High | RCNYX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.61% | 0.00% | 35.27% | 1.42% |
Dividend Distribution Analysis
RCNYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
RCNYX | Category Low | Category High | RCNYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.20% | -0.53% | 24.00% | 81.77% |
Capital Gain Distribution Analysis
RCNYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 29, 2022 | $0.036 | OrdinaryDividend |
Jun 28, 2022 | $0.035 | OrdinaryDividend |
Mar 29, 2022 | $0.032 | OrdinaryDividend |
Dec 28, 2021 | $0.199 | OrdinaryDividend |
Sep 21, 2021 | $0.030 | OrdinaryDividend |
Jun 22, 2021 | $0.030 | OrdinaryDividend |
Mar 23, 2021 | $0.029 | OrdinaryDividend |
Dec 29, 2020 | $0.092 | OrdinaryDividend |
Sep 22, 2020 | $0.034 | OrdinaryDividend |
Jun 23, 2020 | $0.045 | OrdinaryDividend |
Mar 24, 2020 | $0.032 | OrdinaryDividend |
Sep 23, 2019 | $0.000 | OrdinaryDividend |
Jun 24, 2019 | $0.035 | OrdinaryDividend |
Mar 26, 2019 | $0.033 | OrdinaryDividend |
Dec 28, 2018 | $0.034 | OrdinaryDividend |
Sep 24, 2018 | $0.027 | OrdinaryDividend |
Jun 25, 2018 | $0.024 | OrdinaryDividend |
Mar 26, 2018 | $0.022 | OrdinaryDividend |
Dec 28, 2017 | $0.023 | OrdinaryDividend |
Sep 25, 2017 | $0.019 | OrdinaryDividend |
Jun 26, 2017 | $0.019 | OrdinaryDividend |
Mar 24, 2017 | $0.016 | OrdinaryDividend |
Sep 23, 2016 | $0.014 | OrdinaryDividend |
Jun 24, 2016 | $0.013 | OrdinaryDividend |
Mar 24, 2016 | $0.013 | OrdinaryDividend |
Sep 25, 2015 | $0.011 | OrdinaryDividend |
Jun 25, 2015 | $0.007 | OrdinaryDividend |
Mar 25, 2015 | $0.009 | OrdinaryDividend |
Sep 24, 2014 | $0.012 | OrdinaryDividend |
Jun 24, 2014 | $0.014 | OrdinaryDividend |
Mar 25, 2014 | $0.018 | OrdinaryDividend |
RCNYX - Fund Manager Analysis
Managers
Andrew Kello
Start Date
Tenure
Tenure Rank
Sep 27, 2016
5.68
5.7%
Andrew M. Kello, is a Portfolio Manager for Fixed Income within the Investment Group. Prior to joining Rockefeller in 2006 as a Portfolio Engineer, Mr. Kello worked at UBS Financial Services, Inc. as an Investment Associate for the Institutional Sales Group. He was also a Financial Advisor in their Private Client Group and a Client Service Associate. Mr. Kello holds a B.S. in Organizational Communication from Northeastern University.
Stefan Langer
Start Date
Tenure
Tenure Rank
Mar 30, 2021
1.17
1.2%
Stefan Langer, CFA® is an Associate Portfolio Manager within the Adviser’s Fixed Income Team. He has served as a co-portfolio manager of the Rockefeller Intermediate Tax-Exempt National Bond Fund and Rockefeller Intermediate Tax-Exempt New York Bond Fund since March 2021. Prior to this role, he was a Municipal Credit Analyst responsible for maintaining a municipal bond credit database, analyzing new credits, and surveilling current issuer holdings. Prior to joining the Adviser in 2013, he worked at UBS Financial Services Inc. as a portfolio management intern. Mr. Langer holds a B.S. in Business Administration with concentrations in Finance & Investments and graduated with distinction from the University of North Carolina at Chapel Hill.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.22 | 1.58 |