- What are the top holdings of NYM?
- AB Active ETFs Inc. - AB New York Intermediate Municipal ETF holds 408 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does NYM have?
- NYM holds 408 positions as reported by the fund's most recent disclosure.
- What sectors does NYM invest in?
- AB Active ETFs Inc. - AB New York Intermediate Municipal ETF (NYM) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is NYM most exposed to?
- NYM's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is NYM a US-only fund?
- The country allocation card on this page shows NYM'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 NYM invest in?
- NYM actively selects municipal bonds issued by the state of New York, whose interests are generally exempt from federal, state, and local income taxes. It includes municipal securities used in the general financing of state and local governments, possessions, and territories of the US and the District of Columbia, or financing for specific projects or public facilities. The fund may also invest in revenue bonds and obligations that are economically related. The adviser selects constituents by assessing risk and return characteristics of the bond, considering factors such as credit quality and sensitivity to interest rates. The portfolio mainly invests in investment-grade municipal bonds rated A, but up to 20% may be invested in junk bonds. The fund seeks to maintain an effective duration of 3.5 to 7 years. Selected bonds are not necessarily AMT-free. The fund converted from a mutual fund, New York Municipal Portfolio, bringing in $1,277 million in assets.
