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Trending ETFs

Wilmington New York Municipal Bond Fund

mutual fund
WNYIX
Payout Change
Pending
Price as of:
$9.93 -0.01 -0.1%
primary theme
Municipal Bond
share class
A (WNYAX) I (WNYIX)
WNYIX (Mutual Fund)

Wilmington New York Municipal Bond Fund

Payout Change
Pending
Price as of:
$9.93 -0.01 -0.1%
primary theme
Municipal Bond
share class
A (WNYAX) I (WNYIX)
WNYIX (Mutual Fund)

Wilmington New York Municipal Bond Fund

Payout Change
Pending
Price as of:
$9.93 -0.01 -0.1%
primary theme
Municipal Bond
share class
A (WNYAX) I (WNYIX)

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Wilmington New York Municipal Bond Fund

WNYIX | Fund

$9.93

$38.1 M

2.30%

$0.23

1.07%

Vitals

YTD Return

1.9%

1 yr return

3.4%

3 Yr Avg Return

-0.2%

5 Yr Avg Return

0.6%

Net Assets

$38.1 M

Holdings in Top 10

36.5%

52 WEEK LOW AND HIGH

$9.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 14.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Wilmington New York Municipal Bond Fund

WNYIX | Fund

$9.93

$38.1 M

2.30%

$0.23

1.07%

WNYIX - Profile

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return -0.2%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.55%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Wilmington New York Municipal Bond Fund
  • Fund Family Name
    Wilmington Funds
  • Inception Date
    Mar 12, 2012
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Malloy

Fund Description

The Fund seeks to achieve its investment goal, under normal circumstances, by investing its net assets so that at least 80% of the income it distributes will be exempt from federal regular income tax and personal income tax imposed by the State of New York and New York municipalities. However, the income on these securities may be subject to the federal alternative minimum tax (“AMT”). The Fund is non-diversified, which means it can invest a larger percentage of assets in a small number of issuers. The Fund generally invests in investment grade municipal securities. The Fund seeks to maintain a weighted average maturity of three to ten years. However, the Fund has no maturity restrictions on individual issues, and the weighted average maturity of the Fund’s portfolio will vary depending on market conditions.
In selecting securities, the Fund’s investment advisor focuses on credit analysis, the relative values of different sectors of the market, geographic diversity and securities with different and potentially advantageous structures. The investment advisor seeks to construct a portfolio with substantially the same interest rate exposure as the Standard & Poor’s Investment Grade Intermediate Municipal Bond Index, and does not select securities based on forecasts of interest rates.
Read More

WNYIX - Performance

Return Ranking - Trailing

Period WNYIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -4.5% 38.3% 89.12%
1 Yr 3.4% -2.5% 44.5% 84.42%
3 Yr -0.2%* -10.2% 5.8% 46.86%
5 Yr 0.6%* -6.5% 1104.9% 72.23%
10 Yr 1.5%* -0.9% 249.0% 61.79%

* Annualized

Return Ranking - Calendar

Period WNYIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.5% -1.4% 41.0% 61.35%
2022 -8.4% -39.7% 0.3% 22.59%
2021 -0.7% -5.6% 6.9% 63.16%
2020 0.8% -2.6% 310.0% 84.38%
2019 4.0% 0.0% 26.0% 40.53%

Total Return Ranking - Trailing

Period WNYIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -4.5% 38.3% 89.12%
1 Yr 3.4% -2.5% 44.5% 84.42%
3 Yr -0.2%* -10.2% 5.8% 46.86%
5 Yr 0.6%* -6.5% 1104.9% 72.23%
10 Yr 1.5%* -0.9% 249.0% 61.79%

* Annualized

Total Return Ranking - Calendar

Period WNYIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.6% -1.3% 41.0% 73.13%
2022 -6.7% -39.7% 1.1% 23.89%
2021 1.2% -4.8% 23761504.0% 59.86%
2020 2.8% -1.5% 17057.9% 78.50%
2019 5.8% 0.2% 3514.6% 68.47%

NAV & Total Return History

WNYIX - Holdings

Concentration Analysis

WNYIX Category Low Category High WNYIX % Rank
Net Assets 38.1 M 3.22 M 71.9 B 95.50%
Number of Holdings 40 4 13418 98.32%
Net Assets in Top 10 14.3 M -317 M 3.09 B 92.14%
Weighting of Top 10 36.50% 1.8% 100.3% 6.65%

Top 10 Holdings

  1. New York State Dormitory Authority 5.27%
  2. Trust for Cultural Resources of The City of New York/The 4.22%
  3. Metropolitan Transportation Authority 4.14%
  4. Syracuse Industrial Development Agency 3.78%
  5. New York State Dormitory Authority 3.47%
  6. New York Liberty Development Corp 3.24%
  7. New York State Dormitory Authority 3.21%
  8. Hudson Yards Infrastructure Corp 3.12%
  9. Albany Capital Resource Corp 3.11%
  10. New York State Dormitory Authority 2.92%

Asset Allocation

Weighting Return Low Return High WNYIX % Rank
Bonds 		97.38% 0.00% 150.86% 76.51%
Cash 		2.62% -50.86% 44.62% 24.31%
Stocks 		0.00% 0.00% 99.78% 98.12%
Preferred Stocks 		0.00% 0.00% 0.07% 97.85%
Other 		0.00% -3.69% 53.54% 91.27%
Convertible Bonds 		0.00% 0.00% 0.93% 97.84%

Bond Sector Breakdown

Weighting Return Low Return High WNYIX % Rank
Municipal 		98.10% 44.39% 100.00% 53.81%
Cash & Equivalents 		1.79% 0.00% 44.41% 24.78%
Derivative 		0.00% -3.69% 53.54% 91.20%
Securitized 		0.00% 0.00% 5.93% 97.37%
Corporate 		0.00% 0.00% 9.41% 97.44%
Government 		0.00% 0.00% 52.02% 97.51%

Bond Geographic Breakdown

Weighting Return Low Return High WNYIX % Rank
US 		97.38% 0.00% 142.23% 73.94%
Non US 		0.00% 0.00% 23.89% 98.19%

WNYIX - Expenses

Operational Fees

WNYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.01% 8.02% 27.49%
Management Fee 0.45% 0.00% 1.20% 65.30%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% 18.97%

Sales Fees

WNYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

WNYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WNYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 283.00% 39.82%

WNYIX - Distributions

Dividend Yield Analysis

WNYIX Category Low Category High WNYIX % Rank
Dividend Yield 2.30% 0.00% 14.51% 86.04%

Dividend Distribution Analysis

WNYIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

WNYIX Category Low Category High WNYIX % Rank
Net Income Ratio 1.55% -0.53% 5.33% 69.61%

Capital Gain Distribution Analysis

WNYIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

WNYIX - Fund Manager Analysis

Managers

John Malloy

Start Date

Tenure

Tenure Rank

Mar 12, 2012

10.22

10.2%

John J. Malloy, Jr., Vice President and Senior Municipal Bond Portfolio Manager, is responsible for managing tax exempt assets. He uses key rate duration to provide the client’s portfolio with the interest rate exposure of the proper benchmark index. He also conducts continual yield curve and volatility analyses in order to maximize total return and minimize risk across his municipal fixed income portfolios. John joined Wilmington Trust in 2006, specializing in municipal bond trading and portfolio management. Earlier in his career, he was a senior fixed income trader at The Vanguard Group. He holds an MBA in Finance from Saint Joseph’s University and a bachelor’s degree in Business Administration from Arcadia University.

Daniel Scholl

Start Date

Tenure

Tenure Rank

Aug 31, 2019

2.75

2.8%

Dan Scholl, CFA is an Administrative Vice President and Head of Municipal Fixed Income for WTIA, leading the team responsible for municipal fixed income investing as part of WTIA’s Fixed Income Group. In this role he will lead the municipal group in portfolio management, credit surveillance and work in collaboration with the internal sales partners in the field. Dan brings more than 30 years’ experience in the fixed income and municipal markets, including leadership positions in asset management and the public sector. Prior to joining Wilmington Trust in 2019 he served as co-head of tax-exempt fixed income at Schroder Investment Management since 2003. As a member of the global fixed income investment and management committees, Dan was responsible for over $130B in assets. Previous roles include director and senior portfolio manager for municipal fixed income for Morgan Grenfell Asset management and Deutsche Asset Management. He holds a M.G.A from the University of Pennsylvania in Government Administration and a B.A. from Ursinus College in Political Science and Finance.

Jason Hannon

Start Date

Tenure

Tenure Rank

Aug 31, 2019

2.75

2.8%

Jason Hannon, CFA, is Vice President, Head of Municipal Strategy and Senior Portfolio Manager for WTIA . He plays a critical role in assessing market structure and guiding the risk measurement and research process. Most recently, Jason was a vice president at New York Private Bank & Trust/Emigrant Bank where he oversaw the municipal, MBS and treasury portfolios for separately managed accounts and the Bank’s Capital Markets Group. Previous roles include senior trader at Arbor Research & Trading and Vanguard. He holds a B.S. in Finance from the Pennsylvania State University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.36 1.58

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