Mutual Fund Insights: USAA NY Bond Fund (USNYX)

In-depth Analysis of USAA NY Bond Fund (USNYX)

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See USAA NY Bond Fund (USNYX) performance details as of January 31, 2010

  

Last Trade: $11.53 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Clifford A. Gladson

Fund Manager Tenure: 10.4 years
Fundmojo Fund Grade: B (Score: 0.6)     (What does this score mean?)

Gladson has been an assistant vice president of fixed-income investments for USAA Investment Management since November 1994. He has been managing portfolios since March 1991, having spent the prior year as a securities analyst with the company. He has more than 10 years investment management experience. Gladson holds the Chartered Financial Analyst designation.  Get more insights on Clifford A. Gladson

  

 What we like about USAA NY Bond Fund (USNYX)

Data for USAA NY Bond Fund (USNYX) as of January 31, 2010

• USAA NY Bond Fund (USNYX) management has been with USAA NY Bond Fund for 10.4 years
• USAA NY Bond Fund (USNYX) has good mid-term performance (3-year return 3.17% vs 3.02% Muni New York Long category average)
• USAA NY Bond Fund (USNYX) has good Long-term performance (5-year return 3.29% vs 3.20% Muni New York Long category average)
• USAA NY Bond Fund (USNYX) ratio of up-years vs down years is greater than 2
• USAA NY Bond Fund (USNYX) has a Morningstar rating of 4 and above
• USAA NY Bond Fund (USNYX) is less volatile than its peers as it has a 3-year Standard Deviation of 7.28, lower than category average of 7.67
• USAA NY Bond Fund (USNYX) has a lower management fee than its Muni New York Long average: 0.62% vs 1.06%
• USAA NY Bond Fund (USNYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about USAA NY Bond Fund (USNYX)

Data for USAA NY Bond Fund (USNYX) as of January 31, 2010

• USAA NY Bond Fund (USNYX) has a less-than-ideal short-term performance (1-year return 12.69% vs 13.57% Muni New York Long category average)
• USAA NY Bond Fund (USNYX) is less safe compared to its Muni New York Long peers

See USAA NY Bond Fund (USNYX) performance details as of January 31, 2010

  

  

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USAA NY Bond Fund (USNYX) Net Asset

Track net asset change of USAA NY Bond fund (USNYX)

Date	Net Asset
01/2010	$182.78M
11/2009	$195.58M
10/2009	$193.33M

More historic net asset information on USAA NY Bond Fund (USNYX)

  

USAA NY Bond Fund (USNYX) Portfolio Allocation

Track portfolio allocation change of USAA NY Bond fund (USNYX)

Date	Cash	Stock	Bond	Other
09/2009	0.05%	0%	99.95%	0%
06/2009	0.05%	0%	99.95%	0%
03/2009	0.03%	0%	99.97%	0%

Click here to see more historic asset allocation information on USAA NY Bond Fund (USNYX)

  

Most Recent Top 10 Holdings in USAA NY Bond Fund (USNYX)

Discover what USAA NY Bond Fund (USNYX) manager is buying

30-Sep-09 New York N Y City Mun Wtr Fin Rev Bds [6.1%] New York N Y Go Bds 5.25% [2.33%] New York N Y City Transitional Bldg A 5% [2.18%] New York St Dorm Auth [2.1%] TRIBOROUGH BRDG & TUNL AUTH N REV BDS [2.08%] New York N Y City Tran Auth 5.875% [1.93%] New York St Dorm Auth 5% [1.91%] ULSTER CNTY N Y INDL DEV AGY C REV BDS [1.8%] TRIBOROUGH BRDG & TUNL AUTH N SUBORDINA [1.68%] Monroe Cnty N Y Indl Dev Agy C Rev 5.2% [1.67%]

30-Jun-09 New York N Y City Mun Wtr Fin Rev Bds [5.96%] New York N Y Go Bds 5.25% [2.33%] New York St Dorm Auth [2.27%] New York N Y City Transitional Bldg A 5% [2.16%] New York N Y City Tran Auth 5.875% [2.11%] Triborough Brdg & Tunl Auth 5% [2.07%] New York St Dorm Auth 5% [1.97%] Ulster Cnty N Y Indl Dev Agy C Rev 5.65% [1.94%] Monroe Cnty N Y Indl Dev Agy C Rev 5.2% [1.71%] New York St Dorm Auth 6% [1.71%]

31-Mar-09 New York N Y City Mun Wtr Fin Rev Bds [6.23%] New York N Y Go Bds 5.25% [2.41%] New York St Dorm Auth [2.37%] New York N Y City Tran Auth 5.875% [2.25%] Triborough Brdg & Tunl Auth 5% [2.16%] New York N Y City Transitional Bldg A 5% [2.15%] New York St Dorm Auth 5% [2.04%] Ulster Cnty N Y Indl Dev Agy C Rev 5.65% [2.04%] Monroe Cnty N Y Indl Dev Agy C Rev 5.2% [1.82%] Triborough Brdg & Tunl Auth 5% [1.74%]

Click here for Stock Holding Change Map in USAA NY Bond Fund (USNYX)

  

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See more information on USAA NY Bond Fund (USNYX)

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