Nomura Tax-Free New York Fund Class A (FTNYX)
| Fund Assets | 242.86M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.84% |
| Dividend Growth | 7.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.24 |
| YTD Return | -0.02% |
| 1-Year Return | 2.14% |
| 5-Year Return | 3.97% |
| 52-Week Low | 9.84 |
| 52-Week High | 10.56 |
| Beta (5Y) | n/a |
| Holdings | 165 |
| Inception Date | Nov 6, 1987 |
About FTNYX
Macquarie Tax-Free New York Fund Class A is a municipal bond mutual fund designed to provide investors with a high level of current income that is exempt from both federal and New York state personal income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal securities issued by New York state and its governmental entities. By focusing on tax-exempt bonds, it appeals to individuals seeking efficient tax-advantaged income, particularly residents of New York. The fund employs a research-driven, bottom-up credit analysis process to identify attractive securities while managing credit risk and maintaining consistent income generation. Led by an experienced municipal bond management team, this fund plays a significant role in the tax-advantaged fixed income segment of the financial markets, supporting infrastructure and public projects within New York while offering investors a potential defense against taxable income.
Performance
FTNYX had a total return of 2.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.19%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FEMIX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class I | 0.53% |
| FNMAX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class A | 0.76% |
| FTFMX | Fidelity | Fidelity New York Municipal Income Fund | 0.45% |
| FNYPX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class M | 0.72% |
| FNYCX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class C | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0357 | Mar 31, 2026 |
| Feb 27, 2026 | $0.033 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0358 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0352 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0339 | Nov 28, 2025 |
| Oct 31, 2025 | $0.035 | Oct 31, 2025 |