BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX) Alternatives
BNY Mellon New York AMT-Free Municipal Bond Fund (PSNYX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PSNYX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PSNYX
PSNYX charges 0.79% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among PSNYX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | PSNYX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | May 30, 2007 | PSNYX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | Feb 2, 2021 | PSNYX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | Jun 24, 2021 | PSNYX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | Jul 11, 2019 | PSNYX vs FMBIX |
Best Risk-Adjusted Alternatives to PSNYX
Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | PSNYX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | PSNYX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | PSNYX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | PSNYX vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | PSNYX vs USMTX |
Top Performing PSNYX Alternatives (YTD)
PSNYX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 5.52% | Apr 20, 1998 | PSNYX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 4.94% | Mar 18, 1993 | PSNYX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 4.26% | Nov 21, 2002 | PSNYX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 3.67% | Oct 30, 1992 | PSNYX vs MIY | |
| Nuveen Pennsylvania Quality Municipal Income | 2.14% | Feb 21, 1991 | PSNYX vs NQP |
Lowest Volatility Alternatives to PSNYX
PSNYX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | PSNYX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | PSNYX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | PSNYX vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | PSNYX vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | PSNYX vs BATVX |
Lowest Drawdown Alternatives to PSNYX
PSNYX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | PSNYX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | PSNYX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | PSNYX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | PSNYX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | PSNYX vs FHMIX |
Other Mutual Funds from BNY Mellon
Most popular BNY Mellon mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| BNY Mellon Large Cap Securities Fund | Large Cap Growth Equities | 44 | -7.59% | May 24, 1951 | PSNYX vs DREVX | |
| BNY Mellon S&P 500 Index Fund | S&P 500 | 56 | -4.45% | Jan 2, 1990 | PSNYX vs PEOPX | |
| BNY Mellon Dynamic Value Fund | Large Cap Value Equities | 59 | 2.23% | Sep 29, 1995 | PSNYX vs DAGVX | |
| BNY Mellon Institutional S&P 500 Stock Index Fund | S&P 500 | 58 | -4.37% | Sep 30, 1993 | PSNYX vs DSPIX | |
| BNY Mellon Global Real Return Fund - Class I | Tactical Allocation | 79 | 2.71% | May 12, 2010 | PSNYX vs DRRIX | |
| BNY Mellon Natural Resources Fund Class A | Energy Equities | 88 | 24.60% | Oct 31, 2003 | PSNYX vs DNLAX | |
| BNY Mellon Smallcap Stock Index Fund | Small Cap Blend Equities | 44 | 3.43% | Jun 30, 1997 | PSNYX vs DISSX | |
| BNY Mellon Dynamic Value Fund Class I | Large Cap Value Equities | 59 | 2.32% | May 31, 2001 | PSNYX vs DRGVX | |
| BNY Mellon Small/Mid Cap Growth Fund Class Y | Mid Cap Growth Equities | 27 | -4.63% | Jun 1, 2013 | PSNYX vs DBMYX | |
| BNY Mellon Active MidCap Fund | Mid Cap Blend Equities | 46 | 0.70% | Jan 29, 1985 | PSNYX vs DNLDX |
Often Compared With PSNYX
What investors most often compare with PSNYX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Planet Labs PBC | 99 | 55.73% | — | PSNYX vs PL | ||
| DFA California Municipal Real Return Portfolio | Municipal Bonds | 93 | 1.09% | Oct 31, 2017 | PSNYX vs DCARX | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 92 | 1.10% | Nov 3, 2014 | PSNYX vs DMREX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 37 | -0.10% | Dec 27, 2017 | PSNYX vs FGNSX | |
| BNY Mellon Technology Growth Fund | Technology Equities | 59 | -7.70% | Oct 12, 1997 | PSNYX vs DTGRX |
Compare PSNYX with Any Fund or Stock
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