WNYIX

About WNYIX

Wilmington New York Municipal Bond Fund Institutional Class is an open‑end municipal bond mutual fund focused on generating current income that is exempt from federal and New York State personal income taxes. The fund primarily invests in investment‑grade debt issued by New York municipalities and related entities, targeting an intermediate duration profile typical of New York muni portfolios, which generally span 4 to 6 years in duration or average maturities of five to twelve years. It is actively managed by a dedicated team and seeks to balance tax‑efficient income with prudent interest‑rate and credit risk management. The strategy’s holdings encompass general obligation and revenue bonds that finance essential public projects such as transportation, education, healthcare, and utilities across the state. Positioned within the New York municipal bond segment, the fund serves investors looking to align fixed income exposure with state‑specific tax considerations while maintaining diversification across issuers, sectors, and structures. Its role in the market is to provide a tax‑advantaged core municipal allocation for institutions and high‑threshold investors who require an institutional share class structure with professional management and ongoing credit surveillance.