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Upturn AI SWOT - About
iShares New York Muni Bond ETF (NYF)
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Upturn Advisory Summary
07/11/2025: 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 -1.86% | Avg. Invested days 33 | 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 07/11/2025 |
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 offers exposure to the New York municipal bond market, providing income that is generally exempt from federal and New York state and local income taxes.
Reputation and Reliability
iShares, managed by BlackRock, is one of the leading ETF providers globally, known for its extensive range of funds, strong track record, and reliable investment management.
Management Expertise
BlackRock has a dedicated team of fixed income professionals with substantial experience in managing municipal bond portfolios, providing expertise in credit analysis, trading, and portfolio construction.
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 employs a passive management strategy, seeking to replicate the Bloomberg New York Municipal Bond Index.
Composition The ETF holds a portfolio of New York municipal bonds rated investment-grade, with a focus on providing tax-exempt income to investors.
Market Position
Market Share: Details unavailable due to rapidly fluctuating data. Use data services for current data.
Total Net Assets (AUM): 1778500000
Competitors
Key Competitors
- VNY
- FNY
- HYD
Competitive Landscape
The municipal bond ETF market is competitive, with several providers offering similar products. NYF benefits from iShares' brand recognition and size, but smaller competitors might offer slightly different expense ratios or index tracking methodologies. Advantages include the brand recognition and robust assets under management. Disadvantages are not clear without relative market share comparisons to other ETFs.
Financial Performance
Historical Performance: Historical data needed to populate this section. Performance varies based on market conditions and interest rate movements.
Benchmark Comparison: Benchmark comparison data required to populate this section. Performance depends on the tracking efficiency of the index.
Expense Ratio: 0.07
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate, generally sufficient for typical investor transactions.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting the ETF's liquidity and efficiency.
Market Dynamics
Market Environment Factors
The performance of NYF is influenced by interest rate movements, credit quality of New York municipal bonds, and changes in tax laws affecting the attractiveness of municipal bond income.
Growth Trajectory
Growth depends on investor demand for tax-exempt income and the overall health of the New York municipal bond market. No strategic change is apparent.
Moat and Competitive Advantages
Competitive Edge
iShares' NYF benefits from BlackRock's established brand and extensive distribution network, providing a competitive edge in attracting assets. The ETF's focus on New York municipal bonds offers targeted exposure to a specific segment of the municipal bond market. Its low expense ratio, relative to actively managed alternatives, provides a cost-effective way to access this market. The ETFu2019s size gives it an edge in liquidity and trading efficiency. Furthermore, BlackRock's expertise and resources in fixed income management enhance its appeal.
Risk Analysis
Volatility
Volatility is generally lower compared to equity ETFs, but can be affected by interest rate sensitivity and credit risk within the New York municipal bond market.
Market Risk
Key risks include interest rate risk, credit risk (default risk of the municipal bonds), and state-specific economic risk impacting New York's financial health.
Investor Profile
Ideal Investor Profile
NYF is suitable for investors seeking tax-exempt income and exposure to the New York municipal bond market, particularly those residing in New York state to benefit from state and local tax exemptions.
Market Risk
This ETF is best suited for long-term investors seeking stable income and diversification, rather than active traders seeking short-term gains.
Summary
The iShares New York Muni Bond ETF (NYF) provides access to the New York municipal bond market, offering tax-exempt income. Managed by BlackRock, it benefits from a strong brand and a low expense ratio. Its performance is influenced by interest rates and the credit quality of New York municipal bonds. NYF is a suitable choice for long-term investors seeking stable, tax-advantaged income and diversification within their fixed income portfolio. This ETF provides diversified exposure to New York's municipal bond market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares official website
- Bloomberg
- Morningstar
- ETF.com
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. 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.
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