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Upturn AI SWOT - About
iShares New York Muni Bond ETF (NYF)
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Upturn Advisory Summary
08/14/2025: NYF (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -1.28% | Avg. Invested days 35 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.95 | 52 Weeks Range 49.79 - 53.52 | Updated Date 06/30/2025 |
52 Weeks Range 49.79 - 53.52 | Updated Date 06/30/2025 |
Upturn AI SWOT
iShares New York Muni Bond ETF
ETF Overview
Overview
The iShares New York Muni Bond ETF (NYF) seeks to track the investment results of an index composed of investment-grade New York municipal bonds. It provides exposure to the New York municipal bond market, offering potential tax-exempt income. The ETF's investment strategy involves holding a diversified portfolio of municipal bonds issued by the state of New York and its various municipalities.
Reputation and Reliability
BlackRock is a leading global asset manager with a strong reputation and track record of managing ETFs.
Management Expertise
BlackRock has a dedicated team of fixed income professionals managing its bond ETFs, with extensive experience in municipal bond markets.
Investment Objective
Goal
To track the investment results of an index composed of investment-grade New York municipal bonds.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the performance of the S&P New York AMT-Free Municipal Bond Index.
Composition The ETF primarily holds municipal bonds issued by the State of New York and its political subdivisions. These bonds are generally investment-grade.
Market Position
Market Share: iShares New York Muni Bond ETF holds a notable share of the New York municipal bond ETF market.
Total Net Assets (AUM): 96759906
Competitors
Key Competitors
- VanEck HIP High Yield Muni ETF (HYD)
- Invesco National AMT-Free Municipal Bond ETF (PZA)
- SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM)
Competitive Landscape
The ETF industry is competitive, with several issuers offering municipal bond ETFs. NYF's competitive advantage lies in its focus on New York municipal bonds, offering tax-exempt income specific to New York residents. Competitors offer broader national municipal bond exposure or focus on different segments of the municipal bond market. The choice depends on investor's tax situation and risk appetite.
Financial Performance
Historical Performance: Historical performance can be found on the iShares website and other financial data providers.
Benchmark Comparison: The ETF's performance should be compared to the S&P New York AMT-Free Municipal Bond Index to assess tracking efficiency.
Expense Ratio: 0.25
Liquidity
Average Trading Volume
The ETF's average trading volume indicates moderate liquidity, facilitating relatively easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread is typically tight, indicating low transaction costs for investors.
Market Dynamics
Market Environment Factors
Economic conditions in New York, interest rate movements, and changes in tax laws can influence the performance of NYF.
Growth Trajectory
The ETF's growth depends on investor demand for tax-exempt income and the overall health of the New York municipal bond market.
Moat and Competitive Advantages
Competitive Edge
The iShares New York Muni Bond ETF offers a specific niche within the municipal bond market, focusing exclusively on New York municipal bonds. This targeted approach provides New York residents with tax-exempt income specific to their state. BlackRock's established reputation and extensive resources in fixed-income management contribute to the ETF's appeal. Furthermore, the fund's relatively low expense ratio adds to its competitive advantage in attracting investors seeking cost-effective municipal bond exposure.
Risk Analysis
Volatility
Municipal bonds generally exhibit lower volatility compared to stocks, but are still subject to interest rate risk and credit risk.
Market Risk
The underlying municipal bonds are subject to credit risk, interest rate risk, and market risk specific to the New York municipal bond market.
Investor Profile
Ideal Investor Profile
The ideal investor is a New York resident seeking tax-exempt income and diversification within their fixed income portfolio.
Market Risk
This ETF is best suited for long-term investors seeking stable, tax-advantaged income, rather than active traders.
Summary
The iShares New York Muni Bond ETF provides targeted exposure to New York municipal bonds, offering tax-exempt income for New York residents. Managed by BlackRock, it aims to replicate the S&P New York AMT-Free Municipal Bond Index. While subject to interest rate and credit risk, it presents a relatively stable investment option. Its niche focus makes it particularly suitable for long-term investors seeking tax advantages within a fixed-income allocation. The ETF is a useful tool for portfolio diversification.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares website
- BlackRock
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares New York Muni Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will invest at least 80% of its assets in the component securities of the index, and it will invest at least 90% of its assets in fixed income securities of the types included in the index that BFA believes will help it track the index. The index includes a 5% weighting to U.S. dollar denominated investment grade tax-exempt debt publicly issued in the U.S. domestic market by states other than New York and such states' political subdivisions. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.