EXNTX Performance — New York Tax Exempt Series, Class A
Data updated: 2023-03-10
EXNTX returned −5.91% over one year to Dec 2022. The annualised 3-year return is −0.41%. Against its Money Market category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $99, against $99 for the category, and to $94 over one year, against $87. Volatility over the past three years was 4.41% a year. In the 12 months to Dec 2022 the fund took in a net $78.0M, and assets reached $99.92M.
EXNTX Growth of $100
What $100 invested in New York Tax Exempt Series grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | EXNTX | Category average |
|---|---|---|
| 1 year (Jan 2022 – Dec 2022) | $94 | $87 |
| 3 years (Jan 2020 – Dec 2022) | $99 | $99 |
| Since data start (Jul 2019 – Dec 2022) | $100 | $104 |
EXNTX Trailing Returns
Total returns to Dec 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −5.91% |
| 3 years (annualised) | −0.41% |
EXNTX Annual Returns
Calendar-year total returns of New York Tax Exempt Series, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 | −5.91% |
| 2021 | +0.24% |
| 2020 | +4.72% |
| 2019 (Jul–Dec) | +1.19% |
EXNTX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −1.9% | −0.5% | −2.3% | −1.6% | +0.9% | −0.7% | +1.6% | −1.6% | −2.2% | −0.4% | +2.8% | +0.2% |
| 2021 | +0.4% | −1.6% | +0.5% | +0.7% | +0.3% | +0.3% | +0.5% | −0.4% | −0.5% | −0.2% | +0.3% | 0.0% |
| 2020 | +1.5% | +1.1% | −1.8% | −1.5% | +3.0% | +0.5% | +1.0% | −0.4% | −0.2% | −0.3% | +1.2% | +0.5% |
| 2019 | — | — | — | — | — | — | +0.7% | +1.1% | −0.9% | 0.0% | +0.1% | +0.2% |
EXNTX Risk
Risk measures from monthly returns over Jan 2020 – Dec 2022.
- 3-year volatility (annualised): 4.41%
- 3-year Sharpe ratio: -1.11 (vs 4.5% risk-free rate)
- Best month: +2.98% (May 2020)
- Worst month: −2.32% (Mar 2022)
EXNTX Fund Flows
Monthly money in and out of New York Tax Exempt Series, from SEC Form N-PORT.
- 12-month net flow: $78.0M
- 12-month gross sales (incl. reinvestments): $65.1M
- Sales ÷ redemptions: -5.05×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2022 | $352K | −$893K | $1.2M |
| Nov 2022 | $3K | −$1.7M | $1.7M |
| Oct 2022 | $1.1M | −$744K | $1.8M |
| Sep 2022 | $597K | −$1.8M | $2.4M |
| Aug 2022 | $229K | −$1.2M | $1.4M |
| Jul 2022 | $265K | −$1.4M | $1.7M |
| Jun 2022 | $243K | −$1.6M | $1.8M |
| May 2022 | $28.0M | −$644K | $28.7M |
| Apr 2022 | $142K | −$1.2M | $1.4M |
| Mar 2022 | $1.2M | −$360K | $1.6M |
| Feb 2022 | $32.6M | −$1.1M | $33.7M |
| Jan 2022 | $434K | −$153K | $587K |
EXNTX Assets Under Management
Net assets of New York Tax Exempt Series by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-12-30 | $99.92M |
| 2022-09-30 | $99.42M |
| 2022-06-30 | $105.44M |
| 2022-03-31 | $81.62M |
| 2021-12-31 | $52.51M |
| 2021-09-30 | $50.20M |
| 2021-06-30 | $50.57M |
| 2021-03-31 | $50.06M |
| 2020-12-31 | $108.01M |
| 2020-09-30 | $106.32M |
| 2020-06-30 | $105.94M |
| 2020-03-31 | $109.51M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.