Rockefeller New York Municipal Bond ETF
$23.66+0.00 (+0.00%)
- Expense ratio
- 0.55%
- Fund size
- $28M
- 1Y return
- +0.7%
- Yield · Last 12 months
- 4.48%
- Volume · 30D
- 0M sh
- NAV per share
- $23.66
- 52W range
The ETF.net RMNY Grade
Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 7Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 91Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 72Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 9Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 29Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 16Category rank
Our read on RMNY
CA New York-only muni bond fund run by a live manager instead of an index. Rockefeller hand-picks the bonds, chasing income that skips both the federal and the New York state tax bill, and pays it out monthly.
The Fund seeks income exempt from federal and New York state income taxes. It is actively managed and invests primarily in New York municipal bonds.
Why people hold it
- Narrow by design: the prospectus targets income exempt from federal and New York state income taxes, invested primarily in New York municipal bonds.
- Active, not indexed. The manager can move across issuers, maturities and credit tiers rather than holding whatever a benchmark prescribes.
- What is on the label is what is in the portfolio: holdings line up closely with the stated New York muni mandate.
- Income arrives monthly rather than quarterly.
Worth knowing
- Active costs real money: 0.55% a year against a 0.30% muni-fund median, and far above index New York rivals such as NYF at 0.09%.
- A small, thinly traded fund, so bid-ask spreads can run wider than the giant national muni ETFs.
- Launched in 2024, so the live record is short, and a single-state book ties you to one state's issuers and tax rules.
RMNY Holdings
- Bonds
- —
- 27%
- Long Island Power Authority 5.25% 09/01/2056
RMNY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | RMNY |
|---|---|
| Year to date | −0.6% |
| 1 month | −2.3% |
| 3 months | −3.3% |
| 1 year | +0.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RMNY |
|---|---|---|
| 2026 YTD | −0.6% | |
| 2025 | +2.3% | |
| 2024 | +0.9% |
RMNY in the news
ETF.net Research hasn’t filed on RMNY yet — coverage lands here as it’s written.
RMNY Dividends
- 4.48%
- $1.06
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Aug 31, 2026 | $0.08 |
| Jul 30, 2026 | Jul 31, 2026 | $0.10 |
| Jun 29, 2026 | Jun 30, 2026 | $0.09 |
| May 28, 2026 | May 29, 2026 | $0.08 |
| Apr 29, 2026 | Apr 30, 2026 | $0.09 |
| Mar 30, 2026 | Mar 31, 2026 | $0.09 |
| Feb 26, 2026 | Feb 27, 2026 | $0.08 |
| Jan 29, 2026 | Jan 30, 2026 | $0.09 |
| Dec 30, 2025 | Dec 31, 2025 | $0.10 |
| Nov 26, 2025 | Nov 28, 2025 | $0.08 |
| Oct 30, 2025 | Oct 31, 2025 | $0.10 |
| Sep 29, 2025 | Sep 30, 2025 | $0.08 |
RMNY Risk
- 4.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.43
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −5.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.17
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RMNY Cost
- The middle half of Other Municipal Bond funds
- Median 0.30%
56 of the 62 Other Municipal Bond funds charge less.