Key stats
Details
Home page
Inception date
Nov 10, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AllianceBernstein LP
Distributor
Foreside Fund Services LLC
ISIN
US00039J7643
CUSIP
00039J764
FIGI
BBG01Y2G81Z7
Identifiers
ISIN US00039J7643
NYM actively selects municipal bonds issued by the state of New York, whose interests are generally exempt from federal, state, and local income taxes. It includes municipal securities used in the general financing of state and local governments, possessions, and territories of the US and the District of Columbia, or financing for specific projects or public facilities. The fund may also invest in revenue bonds and obligations that are economically related. The adviser selects constituents by assessing risk and return characteristics of the bond, considering factors such as credit quality and sensitivity to interest rates. The portfolio mainly invests in investment-grade municipal bonds rated A, but up to 20% may be invested in junk bonds. The fund seeks to maintain an effective duration of 3.5 to 7 years. Selected bonds are not necessarily AMT-free. The fund converted from a mutual fund, New York Municipal Portfolio, bringing in $1,277 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.13%
Cash1.78%
Securitized0.09%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
NYM invests in bonds. The fund's major sectors are Municipal, with 98.13% stocks, and Securitized, with 0.09% of the basket. The assets are mostly located in the N/A region.
NYM last dividends amounted to 0.06 USD. The month before, the issuer paid 0.06 USD in dividends, which shows a 2.26% increase.
NYM assets under management is 1.29 B USD. It's fallen 0.69% over the last month.
NYM fund flows account for 17.51 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NYM pays dividends to its holders with the dividend yield of 2.99%. The last dividend (Jul 7, 2026) amounted to 0.06 USD. The dividends are paid monthly.
NYM shares are issued by AllianceBernstein LP under the brand AB Funds. The ETF was launched on Nov 10, 2025, and its management style is Active.
NYM expense ratio is 0.27% meaning you'd have to pay 0.27% of your investment to help manage the fund.
NYM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NYM invests in bonds.
NYM price has fallen by −0.86% over the last month, and its yearly performance shows a −0.78% decrease. See more dynamics on NYM price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.99% over the last month, showed a −0.23% decrease in three-month performance and has increased by 0.82% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.99% over the last month, showed a −0.23% decrease in three-month performance and has increased by 0.82% in a year.
NYM trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.