iShares New York Muni Bond ETF company info

What does iShares New York Muni Bond ETF do?
iShares New York Muni Bond ETF (NYSEACRA:NYF) is an exchange-traded fund that focuses on investing in a diversified portfolio of high-quality municipal bonds issued within the state of New York. The primary objective of NYF is to provide its investors with tax-exempt income while adhering to a disciplined investment approach. This goal is achieved by carefully selecting municipal bonds that not only offer favorable yields but also maintain a low level of credit risk. The fund's portfolio encompasses a range of bonds, including general obligation bonds, revenue bonds, and pre-refunded bonds, which are selected based on their potential to contribute to the fund's income and stability. Through its investments, iShares New York Muni Bond ETF aims to support projects and initiatives that benefit the communities within New York, aligning financial returns with positive local impacts.
iShares New York Muni Bond ETF company media
Company Snapshot

Is iShares New York Muni Bond ETF a public or private company?

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Ownership
Public

What sector is iShares New York Muni Bond ETF in?

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Sector
ETF

Where is the head office for iShares New York Muni Bond ETF?

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Head Office
San Francisco, United States

What year was iShares New York Muni Bond ETF founded?

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Year Founded
2007
What does iShares New York Muni Bond ETF specialise in?
/Municipal Bonds /Tax Exemptions /Fixed Income /Asset Management /Investment Vehicle /ETF Trading

What are the products and/or services of iShares New York Muni Bond ETF?

Overview of iShares New York Muni Bond ETF offerings
Provides tax-exempt income by primarily investing in high-quality, New York municipal bonds.
Offers diversified exposure across various sectors of the New York municipal bond market.
Seeks to provide fund stability through low-cost, passively managed investment strategies.
Aims for liquidity and easy access for investors interested in New York's municipal debt.
Utilizes professional portfolio management to navigate interest rate changes and credit risks.
Facilitates tax-efficient investment returns, particularly for residents of New York facing high state and local taxes.