1 / 5 Stars
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2 / 5 Stars
#32 in Muni California Long
U.S. News evaluated 34 Muni California Long Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -2.65 percent over the past year, 6.33 percent over the past three years, 5.32 percent over the past five years, and 3.84 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.5%|
|3 Years (Annualized)||6.3%|
|5 Years (Annualized)||5.3%|
|10 Years (Annualized)||3.8%|
The investment seeks a high level of current income. The fund normally invests substantially all of its net assets in municipal bonds that provide income exempt from federal and California state income taxes. It invests at least 80% of its assets in municipal bonds rated investment grade (Baa/BBB or higher) or the unrated equivalent as determined by The Dreyfus Corporation. The fund may invest up to 20% of its assets in municipal bonds rated below investment grade ("high yield" or "junk" bonds) or the unrated equivalent as determined by The Dreyfus Corporation. It is non-diversified.
Fees are Above Average compared to funds in the same category.
Dreyfus California AMT-Free Municipal Bond Fund has an expense ratio of 0.92 percent.
Risk is Average compared to funds in the same category according to Morningstar.