BNY Mellon New York Intermediate Tax-Exempt Bond Fund

Scorecard
3 / 5 Stars
Lipper
4 4 4 2 1
Zacks Investment Research
4 (Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
B- (Buy)

#3 in Muni New York Intermediate

U.S. News evaluated 12 Muni New York Intermediate Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 3.68 percent over the past year, 4.75 percent over the past three years, 5.16 percent over the past five years, and 4.01 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 1.2%
1 Year 3.7%
3 Years (Annualized) 4.7%
5 Years (Annualized) 5.2%
10 Years (Annualized) 4.0%

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Summary

The investment seeks current income exempt from New York City, New York State, and federal income taxes as is consistent with the preservation of capital. The fund invests at least 80% of assets in municipal bonds that provide income exempt from federal, New York State and New York city personal income taxes. It may invest up to 20% of its assets in fixed-income securities the income from which is subject to federal income tax, the federal alternative minimum tax, and/or New York state and New York city income taxes. Generally, the fund's average effective portfolio maturity will be between three and ten years. It is non-diversified.

Fees

Fees are Below Average compared to funds in the same category.
BNY Mellon New York Intermediate Tax-Exempt Bond Fund has an expense ratio of 0.84 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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