VNYTX

Away-Tour-203

Consider your risk tolerance and investment goals. If you are looking for stable income and don't want to take on the risk of price fluctuations, SGOV might be a better choice for you. In contrast, VNYTX may offer a higher total return, especially considering taxes.

therealjerseytom

VNYTX are long-duration bonds, SGOV is very short duration. The significance is that long bonds have much more interest rate sensitivity, as you can see in a chart of VNYTX versus time; your principal amount can fluctuate up or down and there's risk associated with that. Whereas SGOV is very steady. There are short-duration muni ETF's out there though, like JMST.

MountainStoneMist

I don't invest in it so I have zero opinion on it but I wonder the difference between FNYIX and VNYTX. FNYIX has a 1.19% expense ratio and VNYTX has a 0.17% expense ratio.

AdNorth3738

Vanguard VNYTX and VWITX. A financial advisor set me up with these as my first two investments about four years ago. They were doing really well at the start, but since the pandemic, they dropped and haven’t been in the green since. I haven’t contributed to them at all since they stagnated when the rest of my accounts started growing again. I’m not sure how these funds work and the stock market is not my thing. The loss isn’t a huge dent in my finances, so I’m reluctant to move it if it could potentially turn around in the future. At the same time it would be even better if I could get that money to start earning again. What would you do- keep it or move it?

AlexTaranko

I own a fund by the ticker VNYTX as kind of my savings in an individual account. Its good for me since I'm a NY resident and it performs decently well.