RMNYRockefeller New York Municipal Bond ETF

Get income1y track recordRanked #1,310 of 1,622 in this goal

Seeks to provide income exempt from Federal and New York state income taxes.

By Rockefeller Global Investment Management · Launched 2024

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$26M

#4,170 of 5,562 · small

Dividend YieldGoal

4.32%

Track Record

1 year

#3,735 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,780+7.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 31.2% of fund✓ well diversified

New York City Municipal Water Finance Authority

3.7%

Suffolk Regional Off-Track Betting Corp

3.7%

ONTARIO CNTY NY LOCAL DEV CORP

3.7%

Metropolitan Transportation Authority Dedicated Ta

3.5%

City of New York NY

3.3%

Onondaga Civic Development Corp

3.1%

New York State Dormitory Authority

2.6%

NEW YORK ENERGY FIN DEV CORP

2.6%

New York State Dormitory Authority

2.6%

New York State Dormitory Authority

2.6%

Asset allocation

Bonds

101.3%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.9%Low

Year-on-year price swings

Max drawdown

-5.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

5.1 years

Avg maturity

10.0 years

Credit ratings

43.4%

21.9%

BBB

20.1%

4.8%

2.0%

Below B

1.8%

Other

6.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide income exempt from Federal and New York state income taxes.
Strategy: Actively invests primarily in New York municipal bonds to achieve tax-exempt income. The Fund may also invest in private activity bonds and utilizes Inverse Floaters to enhance returns, with a focus on longer-term securities.
Inception date: August 12, 2024
Fund family: Rockefeller Global Investment Management