What is BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)?

BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) is a stock in the Financial Services sector, Asset Management - Bonds industry. View full analysis on Stocks360.

What is the current price of DRNYX?

The current price of DRNYX is $13.53. Prices are updated in real time on Stocks360.

What is DRNYX's price-to-earnings (PE) ratio?

DRNYX's trailing twelve-month PE ratio is -13.67, based on current price and earnings per share data available on Stocks360.

What is DRNYX's market capitalization?

DRNYX's market capitalization is $1,000,786,999.00, placing it in the small-cap tier.

Does DRNYX pay a dividend?

Yes. DRNYX has a trailing twelve-month dividend yield of 0.03%. Dividend data is sourced from financial market providers and displayed on Stocks360.

BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)

Stock analysis · NASDAQ · Financial Services · Asset Management - Bonds

$13.53

Market Cap

$1.00B

PE (TTM)

-13.67

EPS (TTM)

N/A

Dividend Yield

2.86%

Beta

0.96

Day Range

$13.53 – $13.53

52-wk Range

$12.66 – $13.67

Avg Volume

N/A

Volume

0.00

BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX) is a publicly traded company in the Financial Services sector. Latest price: $13.53. Market cap $1.00B. Trailing PE -13.67. Dividend yield 2.86%. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.

Get full analysis → Short-Term Analysis →

Proprietary Signals

Signal snapshot temporarily unavailable.

About BNY Mellon New York Tax Exempt Bond Fund, Inc.

This investment vehicle primarily aims to deliver the maximum obtainable current income, completely exempt from federal, New York state, and New York City income taxes, all while diligently safeguarding the initial principal. A significant portion, at least 80%, of its total assets—including any funds borrowed for investment purposes—is committed to municipal bonds that provide this triple tax-exempt income. Furthermore, the fund may allocate up to 20% of its holdings to municipal debt instruments rated below investment grade (colloquially termed "high yield" or "junk" bonds), or to unrated equivalents as assessed by the advisor. Notably, this fund operates on a non-diversified basis.

Valuation

Trailing twelve months. Multiples relative to current market price.
P/E (TTM)	-13.67×
P/S (TTM)	511.33×
P/B	1.08×
P/FCF (TTM)	0.00×
EV / EBITDA	0.00×
EV / Sales	511.67×
Earnings Yield	-7.34%
Free Cash Flow Yield	0.00%
Dividend Yield	2.86%

Fundamentals

Trailing twelve months. Source: financial statements via market data.
Enterprise Value	$1.00B
Revenue (TTM)	$1.96M
Net Income (TTM)	-$73.44M
Free Cash Flow (TTM)	$0.00
Net Debt	$665.03K
Working Capital	-$246.68K
Gross Margin	100.00%
Operating Margin	89.27%
Net Margin	-199.09%
Return on Equity	-7.53%
Return on Invested Capital	3.52%