3 / 5 Stars
3 3 2 1 2
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#36 in Muni National Long
U.S. News evaluated 58 Muni National 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 6.41 percent over the past year, 5.76 percent over the past three years, 5.84 percent over the past five years, and 4.38 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.6%|
|3 Years (Annualized)||5.8%|
|5 Years (Annualized)||5.8%|
|10 Years (Annualized)||4.4%|
The investment seeks to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The fund normally invests substantially all of its assets in municipal bonds that provide income exempt from federal income tax. It invests at least 70% of its assets in municipal bonds rated investment grade (i.e., Baa/BBB or higher) or the unrated equivalent as determined by The Dreyfus Corporation. For additional yield, the fund may invest up to 30% 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.
Fees are Above Average compared to funds in the same category.
Dreyfus Municipal Bond Opportunity Fund has an expense ratio of 0.91 percent.
Risk is Average compared to funds in the same category according to Morningstar.