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U.S. Equities0.0% | Non-U.S. Equities0.0% | ||
U.S. Bonds93.9% | Non-U.S. Bonds0.0% | ||
Cash & Equivalents6.1% |
U.S. Equities0.0% | |
Non-U.S. Equities0.0% | |
U.S. Bonds93.9% | |
Non-U.S. Bonds0.0% | |
Cash & Equivalents6.1% |
Fund Inception | 11/01/2010 |
Fund Assets (millions) As of 10/31/2019
| $290.0 |
Companies/Issuers
Holdings are as of 9/30/2019 (updated quarterly).
| 110+ |
Shareholder Accounts
Shareholder accounts are as of 10/31/2019
| 2,661 |
Regular Dividends Paid | Monthly |
Minimum Initial Investment | $1,000 |
Capital Gains Paid | Dec |
Portfolio Turnover (2019) | 16% |
Fiscal Year-End | Jul |
Prospectus Date | 10/01/2019 |
CUSIP | 02630X 10 1 |
Fund Number | 41 |
Volatility & Return chart is not available for funds less than 10 years old.
12-month | ||
Distribution Rates
|
30-day SEC Yield | |
Fund at NAV | 2.49% | N/A |
Fund at MOP | 2.40% | 1.30% |
Jerome Solomon | 7 | 11 | 27 | |
Karl J. Zeile | 9 | 20 | 28 |
Revenue bonds
+
84.4%
|
|||||||||||||||||||||||
General obligation bonds 9.2% |
% of net assets as of 9/30/2019 (updated quarterly)
% of net assets as of 9/30/2019 (updated quarterly)
2010-2019 |
2019 |
Record Date |
Calculated Date |
Pay Date | Reinvest NAV | ||||
Daily | 01/31/19 | 02/01/19 | $0.0232223 | $0.00 | $0.00 | $0.00 | $10.62 |
Daily | 02/28/19 | 03/01/19 | $0.0212639 | $0.00 | $0.00 | $0.00 | $10.65 |
Daily | 03/29/19 | 04/01/19 | $0.0233855 | $0.00 | $0.00 | $0.00 | $10.80 |
Daily | 04/30/19 | 05/01/19 | $0.0227864 | $0.00 | $0.00 | $0.00 | $10.82 |
Daily | 05/31/19 | 06/03/19 | $0.0232849 | $0.00 | $0.00 | $0.00 | $10.95 |
Daily | 06/28/19 | 07/01/19 | $0.0240069 | $0.00 | $0.00 | $0.00 | $10.97 |
Daily | 07/31/19 | 08/01/19 | $0.0237682 | $0.00 | $0.00 | $0.00 | $11.02 |
Daily | 08/30/19 | 09/03/19 | $0.0211807 | $0.00 | $0.00 | $0.00 | $11.19 |
Daily | 09/30/19 | 10/01/19 | $0.023719 | $0.00 | $0.00 | $0.00 | $11.07 |
Daily | 10/31/19 | 11/01/19 | $0.0227099 | $0.00 | $0.00 | $0.00 | $11.04 |
Daily | 11/29/19 | 12/02/19 | $0.0206112 | $0.00 | $0.00 | $0.00 | $11.04 |
2019 Year-to-Date: | Dividends Subtotal: $0.24993869 | Cap Gains Subtotal: $0.00 | |||||
Total Distributions: $0.24993869 |
Rate | As of Date |
---|---|
0.00145398 | 12/02/2019 |
0.00138104 | 12/03/2019 |
0.00072934 | 12/04/2019 |
0.00073055 | 12/05/2019 |
0.00073269 | 12/06/2019 |
Record Date | Calculated Date | Payment Date |
---|---|---|
Daily | 01/31/2019 | 02/01/2019 |
Daily | 02/28/2019 | 03/01/2019 |
Daily | 03/29/2019 | 04/01/2019 |
Daily | 04/30/2019 | 05/01/2019 |
Daily | 05/31/2019 | 06/03/2019 |
Daily | 06/28/2019 | 07/01/2019 |
Record Date | Calculated Date | Payment Date | ||
---|---|---|---|---|
Daily | 07/31/2019 | 08/01/2019 | ||
Daily | 08/30/2019 | 09/03/2019 | ||
Daily | 09/30/2019 | 10/01/2019 | ||
Daily | 10/31/2019 | 11/01/2019 | ||
Daily | 11/29/2019 | 12/02/2019 | ||
Daily | 12/31/2019 | 01/02/2020 |
Rate | As of-Date | |
---|---|---|
0.00145398 | 12/02/2019 | |
0.00138104 | 12/03/2019 | |
0.00072934 | 12/04/2019 | |
0.00073055 | 12/05/2019 | |
0.00073269 | 12/06/2019 |
Annual Management Fees | 0.30% |
Other Expenses | 0.12% |
Service 12b-1 | 0.25% |
Gross | Net | |
NYAAX | 0.67% | 0.64% |
Lipper New York Municipal Debt Funds Average | 0.81% |
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely. View fund expense ratios and returns.
Returns shown at net asset value (NAV) have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.
Returns with sales charge for Class A shares reflect payment of the 3.75% maximum sales charge.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
The return of principal for bond portfolios and for portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings. Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.
For more information about the risks associated with each investment, go to its detailed information page or read the prospectus, if applicable.
State-specific tax-exempt funds are more susceptible to factors adversely affecting issuers of their states' tax-exempt securities than more widely diversified municipal bond funds. Income from municipal bonds may be subject to state or local income taxes and/or the federal alternative minimum tax. Certain other income, as well as capital gain distributions, may be taxable.
There may have been periods when the results lagged the index(es). Certain market indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Portfolios are managed, so holdings will change.
Investment results assume all distributions are reinvested and reflect applicable fees and expenses. Returns for one year or less are not annualized, but calculated as cumulative total returns.
For American Funds Tax-Exempt Fund of New York, the investment adviser is currently reimbursing a portion of other expenses through at least July 1, 2020, without which the results would have been lower and net expense ratios higher. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. Please see the fund's most recent prospectus for details. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund. View results and yields without fee waiver and/or expense reimbursement.
American Funds Distributors, Inc., member FINRA.
Use of this website is intended for U.S. residents only.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
©2019 Morningstar, Inc. All Rights Reserved. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, its content providers nor Capital Group are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Information is calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely. View fund expense ratios and returns.
Returns shown at net asset value (NAV) have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
The return of principal for bond portfolios and for portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings. Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.
For more information about the risks associated with each investment, go to its detailed information page or read the prospectus, if applicable.
State-specific tax-exempt funds are more susceptible to factors adversely affecting issuers of their states' tax-exempt securities than more widely diversified municipal bond funds. Income from municipal bonds may be subject to state or local income taxes and/or the federal alternative minimum tax. Certain other income, as well as capital gain distributions, may be taxable.
There may have been periods when the results lagged the index(es). Certain market indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
For American Funds Tax-Exempt Fund of New York, the investment adviser is currently reimbursing a portion of other expenses through at least July 1, 2020, without which the results would have been lower and net expense ratios higher. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. Please see the fund's most recent prospectus for details. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund. View results and yields without fee waiver and/or expense reimbursement.
American Funds Distributors, Inc., member FINRA.
Use of this website is intended for U.S. residents only.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely. View fund expense ratios and returns.
Returns shown at net asset value (NAV) have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
The return of principal for bond portfolios and for portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings. Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.
For more information about the risks associated with each investment, go to its detailed information page or read the prospectus, if applicable.
State-specific tax-exempt funds are more susceptible to factors adversely affecting issuers of their states' tax-exempt securities than more widely diversified municipal bond funds. Income from municipal bonds may be subject to state or local income taxes and/or the federal alternative minimum tax. Certain other income, as well as capital gain distributions, may be taxable.
There may have been periods when the results lagged the index(es). Certain market indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
For American Funds Tax-Exempt Fund of New York, the investment adviser is currently reimbursing a portion of other expenses through at least July 1, 2020, without which the results would have been lower and net expense ratios higher. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. Please see the fund's most recent prospectus for details. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund. View results and yields without fee waiver and/or expense reimbursement.
American Funds Distributors, Inc., member FINRA.
Use of this website is intended for U.S. residents only.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
Volatility & Return chart is not available for funds less than 10 years old.
American Funds Global Insight Fund and American Funds International Vantage Fund began investment operations on April 1, 2011, but were only available to a limited number of investors. Now available on the American Funds platform, the reorganized funds have adopted the results and financial history of the original funds.
Some statistics may not be available for all fund (e.g., Top Equity Holdings for Bond funds). Data presented in Excel .xls format.
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