Mutual Fund Insights: Nuveen NY Municipal Bond A Fund (NNYAX)

In-depth Analysis of Nuveen NY Municipal Bond A Fund (NNYAX)

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See Nuveen NY Municipal Bond A Fund (NNYAX) performance details as of February 28, 2010

  

Last Trade: $10.77 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Cathryn Steeves

Fund Manager Tenure: 3.7 years   [Similar Funds: NNYBX  NNYCX  NNYIX  NNYKX ]
Fundmojo Fund Grade: A (Score: 0.72)     (What does this score mean?)

Ms. Cathryn Steeves currently manages investments for 42 state-specific Nuveen-sponsored municipal bond funds. Cathryn Steeves has been Vice President of NAM since 2003 and was, previously, Assistant Vice President (2001-2003).  Get more insights on Cathryn Steeves

  

 What we like about Nuveen NY Municipal Bond A Fund (NNYAX)

Data for Nuveen NY Municipal Bond A Fund (NNYAX) as of February 28, 2010

• Nuveen NY Municipal Bond A Fund (NNYAX) management has been with Nuveen NY Municipal Bond A Fund for 3.7 years
• Nuveen NY Municipal Bond A Fund (NNYAX) has good short-term performance (1-year return 13.87% vs 13.25 % Muni New York Long category average)
• Nuveen NY Municipal Bond A Fund (NNYAX) has good mid-term performance (3-year return 4.11% vs 2.93 % Muni New York Long category average)
• Nuveen NY Municipal Bond A Fund (NNYAX) has good Long-term performance (5-year return 4.13% vs 3.44 % Muni New York Long category average)
• Nuveen NY Municipal Bond A Fund (NNYAX) ratio of up-years vs down years is greater than 2
• Nuveen NY Municipal Bond A Fund (NNYAX) is less volatile than its peers as it has a 3-year Standard Deviation of 7.17, lower than category average of 7.66
• Nuveen NY Municipal Bond A Fund (NNYAX) has a lower management fee than its Muni New York Long average: 0.83% vs 1.07%

  

 What we are cautious about Nuveen NY Municipal Bond A Fund (NNYAX)

Data for Nuveen NY Municipal Bond A Fund (NNYAX) as of February 28, 2010

• Nuveen NY Municipal Bond A Fund (NNYAX) has a Morningstar rating of 3 and below
• Nuveen NY Municipal Bond A Fund (NNYAX) has an annual stock turnover rate of 30.00% that is higher than the Muni New York Long average of 26.62%. This could mean Nuveen NY Municipal Bond A is more nimble, but also signal potential high tax impact and high trading fees
• Nuveen NY Municipal Bond A Fund (NNYAX) carries a 4.2% load

See Nuveen NY Municipal Bond A Fund (NNYAX) performance details as of February 28, 2010

  

  

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Nuveen NY Municipal Bond A Fund (NNYAX) Net Asset

Track net asset change of Nuveen NY Municipal Bond A fund (NNYAX)

Date	Net Asset
02/2010	$445.52M
01/2010	$222.52M
11/2009	$218.32M

More historic net asset information on Nuveen NY Municipal Bond A Fund (NNYAX)

  

Nuveen NY Municipal Bond A Fund (NNYAX) Portfolio Allocation

Track portfolio allocation change of Nuveen NY Municipal Bond A fund (NNYAX)

Date	Cash	Stock	Bond	Other
01/2010	0.05%	0%	99.95%	0%
10/2009	0.12%	0%	99.88%	0%
09/2009	1.18%	0%	98.82%	0%

Click here to see more historic asset allocation information on Nuveen NY Municipal Bond A Fund (NNYAX)

  

Most Recent Top 10 Holdings in Nuveen NY Municipal Bond A Fund (NNYAX)

Discover what Nuveen NY Municipal Bond A Fund (NNYAX) manager is buying

31-Jan-10 Long Island Pwr Auth 6% [2.6%] New York N Y Go Bds 5.125% [2.46%] New York St Dorm Auth 5% [1.75%] Metropolitan Transn Auth 5% [1.65%] New York St Dorm Auth 5.5% [1.58%] Triborough Brdg & Tunl Auth [1.48%] Long Island Pwr Auth 5% [1.33%] Hudson Yds Infrasct Corp Rev Bds 5% [1.3%] NEW YORK ST TWY AUTH GEN REV GEN REV B [1.28%] Price/Earnings [0%]

31-Oct-09 Long Island Pwr Auth 6% [2.69%] New York N Y Go Bds 5.125% [2.53%] New York St Dorm Auth 5% [1.81%] Metropolitan Transn Auth 5% [1.7%] Triborough Brdg & Tunl Auth [1.52%] Long Island Pwr Auth 5% [1.5%] New York St Dorm Auth 5.5% [1.46%] Long Island Pwr Auth 5% [1.37%] New York St Twy Auth 5% [1.33%] New York City N Y Indl Dev Agy Rev Bd 5% [1.32%]

30-Sep-09 Long Island Pwr Auth 6% [2.67%] New York N Y Go Bds 5.125% [2.53%] New York St Dorm Auth 5% [1.8%] Metropolitan Transn Auth 5% [1.69%] Triborough Brdg & Tunl Auth [1.52%] Long Island Pwr Auth 5% [1.47%] New York St Dorm Auth 5.5% [1.45%] HUDSON YDS INFRASTRUCTURE CORP REV BDS [1.37%] Long Island Pwr Auth 5% [1.35%] New York St Twy Auth 5% [1.32%]

Click here for Stock Holding Change Map in Nuveen NY Municipal Bond A Fund (NNYAX)

  

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See more information on Nuveen NY Municipal Bond A Fund (NNYAX)

• Nuveen NY Municipal Bond A Fund Insights
• Nuveen NY Municipal Bond A Fund Performance Data
• Nuveen NY Municipal Bond A Fund News
• Nuveen NY Municipal Bond A Fund Score Explaination
• Nuveen NY Municipal Bond A Fund Manager Information
• Historic Nuveen NY Municipal Bond A Fund Asset Allocation Report
• Historic Nuveen NY Municipal Bond A Fund Top 10 Holding Tracking
• Historic Nuveen NY Municipal Bond A Fund Asset Under Management Tracking