Key stats
About iShares New York Muni Bond ETF
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Inception date
Oct 4, 2007
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
NYF tracks a market-value-weighted index of investment-grade debt issued by New York governments and agencies, whose interest is not only exempt from federal tax, but New York state tax and AMT as well. Investments must have a minimum term to maturity above one month and have a current outstanding face value of $5 million to qualify. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index. The index is reviewed and rebalanced monthly. Prior to September 15, 2021, the fund tracks the S&P New York AMT-Free Municipal Bond Index.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.96%
Cash1.04%
Corporate0.00%
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