See what your fund actually adds
American Funds Tax-Exempt Fund of New York® Class A NYAAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | NYAAX | Replication |
|---|---|---|
| Annualized growth | -0.6% | -0.2% |
| Annualized volatility | 5.8% | 5.0% |
| Sharpe ratio | -0.07 | -0.01 |
| Maximum drawdown | 15.0% | 12.6% |
| Replication fit (R²) | 0.96 · Tracking error 1.1% | |
Replication portfolio
The published portfolio below is the investable basket used to model NYAAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 94.4% |
| VCLT | FI · Long Corp | 5.6% |