DRNYX
Price:
$13.53
Market Cap:
$1.00B
The investment seeks as high a level of current income exempt from federal, New York state and New York city income taxes as is consistent with the preservation of capital. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal, New York state and New York city income taxes. It may invest up to 20% of its assets in municipal bonds rated below investment grade ("high yield" or "junk" bonds) or the unrated equivalent as determined by the advisor. The fund is non-diversified.
Industry
Asset Management - Bonds
IPO Date
1983-07-26
Stock Exchange
NASDAQ
Ticker
DRNYX
According to BNY Mellon New York Tax Exempt Bond Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is -7.53%. This represents a change of -1635.49% compared to the average of 0.49% of the last 4 quarters.
The mean historical ROE of BNY Mellon New York Tax Exempt Bond Fund, Inc. over the last ten years is 1.90%. The current -7.53% ROE has changed -497.11% with respect to the historical average. Over the past ten years (40 quarters), DRNYX's ROE was at its highest in in the May 2023 quarter at 0.85%. The ROE was at its lowest in in the May 2022 quarter at -4.04%.
Average
1.90%
Median
2.87%
Minimum
-7.95%
Maximum
7.88%
Discovering the peaks and valleys of BNY Mellon New York Tax Exempt Bond Fund, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.28%
Maximum Annual ROE = 7.88%
Minimum Annual Increase = -1027.07%
Minimum Annual ROE = -7.95%
Year | ROE | Change |
---|---|---|
2023 | -7.95% | 1.28% |
2022 | -0.58% | -110.02% |
2021 | 5.77% | 113.60% |
2020 | 2.70% | -41.66% |
2019 | 4.63% | 52.07% |
2018 | 3.05% | 594.09% |
2017 | 0.44% | -88.67% |
2016 | 3.87% | -50.81% |
2015 | 7.88% | -1027.07% |
2014 | -0.85% | -115.34% |
The current ROE of BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-0.92%
5-year avg
0.91%
10-year avg
1.90%
BNY Mellon New York Tax Exempt Bond Fund, Inc.’s ROE is less than Fidelity New York Municipal Income Fund (0%), greater than New York Tax-Free Bond Fd (-7.53%), greater than Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (-7.53%), less than BNY Mellon Municipal Bond Fund (0%), less than BNY Mellon Intermediate Municipal Bond Fund, Inc. (2.63%),
Company | ROE | Market cap |
---|---|---|
0% | $1.20B | |
-7.53% | $435.89M | |
-7.53% | $5.18B | |
0% | $912.01M | |
2.63% | $593.12M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like BNY Mellon New York Tax Exempt Bond Fund, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like BNY Mellon New York Tax Exempt Bond Fund, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is BNY Mellon New York Tax Exempt Bond Fund, Inc.'s ROE?
How is the ROE calculated for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?
What is the highest ROE for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?
What is the 3-year average ROE for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?
What is the 5-year average ROE for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?
How does the current ROE for BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) compare to its historical average?