- What are the top holdings of NYAEX?
- American Funds Tax-Exempt Fund of NY F1 holds 105 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does NYAEX have?
- NYAEX holds 105 positions as reported by the fund's most recent disclosure.
- What sectors does NYAEX invest in?
- American Funds Tax-Exempt Fund of NY F1 (NYAEX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is NYAEX most exposed to?
- NYAEX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is NYAEX a US-only fund?
- The country allocation card on this page shows NYAEX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does NYAEX invest in?
- The fund's primary objective is achieved by concentrating its investments in municipal debt obligations issued by New York State, its various agencies, and local government entities within the state. A core principle guides its asset allocation: at least 80% of its total assets, or 80% of its gross income, must be derived from securities that provide exemption from federal, New York State, and New York City income taxes. These investments are also carefully chosen to ensure they do not subject investors to the federal Alternative Minimum Tax (AMT).
