CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

View All Indexes

05. New York Municipal Index

Data as of

About the Index

New York (NY) Municipal Bond grouping according to CEFData.com. Top 60% ranked by 90-day average trading dollar ($) liquidity. Equal weight each fund for the index. The index constituents will be rebalanced each quarter.

Index Performance

Current($) Previous Day(%) 1 Week(%) 1 Month(%) 3 Month(%) 6 Month(%) 1 Year(%) 3 Year(%) 5 Year(%) MTD(%) QTD(%) YTD(%)
Price 1,081.44 -0.49 -0.92 -0.82 0.84 3.88 0.75 -4.30 -3.12 0.05 0.05 7.94
NAV 1,068.62 -0.18 -0.02 0.25 1.03 3.20 2.42 -0.06 1.64 0.47 0.47 6.71
Difference 0.32 0.90 1.07 0.19 -0.69 1.68 4.24 4.77 0.42 0.42 -1.23
* Periods greater than 1 Year are annualized.      ** On Inception Date (12/30/16), Index Price was $1,000 and NAV was $1,000.00
2017 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2017
Price 2.56 -0.38 -0.14 2.02 1.61 1.18 0.80 3.63 5.65 2.08 0.68 -0.53 2.23 - - - - - 7.88
NAV 0.49 1.02 0.40 1.92 1.03 2.18 -0.29 2.93 4.86 0.82 0.92 -0.36 1.38 - - - - - 6.24
Difference -2.06 1.40 0.54 -0.10 -0.58 1.01 -1.09 -0.70 -0.80 -1.26 0.24 0.16 -0.85 - - - - - -1.65

Performance Chart

Discount

Characteristics

PORTFOLIO
Weighted Average Data
Discount
-4.20%
1Yr Disc
-4.58%
3Yr Disc
-4.16%
5Yr Disc
-3.69%
Rel Disc Range (3yr)
40.24%
Mkt Yield
4.73%
Lev Adj NAV Yield
3.32%
After Tax Yield*
4.73%
Est Tax Friction*
0.00%
3Yr NAV Volatiliy
3.49
1 Yr RoC
0.47%
3 Yr Dest RoC
0.00%
Leverage
36.80%
Non Lev Exp Ratio
1.10%
Beta (2yr)
-0.07
Equity Exposure
0.00%
Bond Exposure
99.73%
# Holdings
13
Cash Weighted Duration
10.03
Comp NAV TR
0.07%
Comp Discount
-0.43%
Net Assets (M)
313
Liquidity - 90d (K)
430
* Based on marginal tax rates of 25% and long-term capital gains rates of 15%.

Asset Allocation

Asset Allocation as reported by each fund's sponsor as of the last reporting period.

Constituents


13 Funds

Ticker Name Sponsor Allocation Discount Market Yield RoC(1yr) Leverage Net Assets Liquidity (90d)
NRK Nuv NY AMT-Fr Qlty Muni Incm Nuveen 7.65 -9.79 4.68 0.00 37.24 1,271 1,198
MYN BR MuniYld NY Qlty Fd BlackRock 7.70 -7.91 4.92 0.00 39.08 566 704
NAN Nuv NY Qlty Muni Incm Fd Nuveen 7.66 -7.60 4.97 0.00 37.92 471 587
MHN BR MuniHldg NY Qlty Fd BlackRock 7.67 -6.04 4.97 0.00 40.46 464 580
VTN Invsc Tr fr Inv Grd NY Muni Invesco 7.68 -6.62 5.11 0.00 41.00 286 517
ENX EV NY Muni Bnd Fd Eaton Vance 7.58 -6.67 4.85 0.00 39.80 214 329
BNY BR NY Muni Incm Tr BlackRock 7.67 -0.60 4.81 0.00 39.39 196 324
PNI PIMCO NY Muni Incm Fd II PIMCO 7.76 10.41 4.90 4.82 44.82 125 274
NNY Nuv NY Muni Val Fd Nuveen 7.79 3.00 3.67 0.00 2.09 152 229
NBO NB NY Imd Muni Fd Neuberger Berman 7.71 -10.86 4.15 1.29 40.20 72 234
PNF PIMCO NY Muni Incm Fd PIMCO 7.79 8.33 5.21 0.00 39.46 94 236
EVY EV NY Muni Incm Tr Eaton Vance 7.70 -9.20 4.57 0.00 38.80 79 206
BSE BR NY Muni Incm Qlty Tr BlackRock 7.64 -11.53 4.70 0.00 38.55 98 186

DISCLOSURES:

These indexes were created and developed by Closed-End Fund Advisors, Inc. CEF Advisors launched these indexes in January 2017 based on December 31, 2016 data and began pricing on January 1, 2017. CEF Advisors does not guarantee the accuracy or the completeness of the index or any data included therein and CEF Advisors shall have no liability for any errors, omissions or interruptions therein. CEF Advisors makes no warranty, express or implied, as to results to be obtained by any person or entity from the use of the index or any data included therein. CEF Advisors makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, in no event shall CEF Advisors have any liability for any special, punitive, direct, indirect or consequential damages (including lost profits) arising out of matters relating to the use of the index, even if notified of the possibility of such damages.

The historical values above have not been verified by an independent third party. The historical performance data is for illustrative purposes only and does not represent the actual performance of any investment product. No representation is being made that any investment will achieve performance similar to that shown. The index does not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the historical performance shown. The index is unmanaged and an investor cannot invest directly in the index.

Performance information for the index is for illustrative purposes only and does not represent the performance of any actual investment. The historical performance of the price and NAV of the index should not be taken as an indication of future performance, and no assurance can be given as to the index's value on any date. The data for the historical performance of the index was calculated on materially the same basis on which the performance of the index is now calculated. Discounts are the result of a closed-end fund’s market price deviating from its Net Asset Value (NAV).

In case any constituents of the index experience a liquidation, merger, open-ending or are no longer a closed-end fund, we will remove them as of their last day of existence. For mergers, if the merged fund is in the same sub-grouping inside CEFdata.com, then we will replace the merged fund with it's replacement in equal dollar terms. If a fund is liquidated, open-ended, etc, we will remove the fund and its allocation from the index. In this case, for example. If a fund was 2% of the index then future pricing would assume a full allocation was 98%. The 2% is adsorbed on a pro-rata basis by all surviving funds.

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2017. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.