4 / 5 Stars
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
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.
The fund has returned -0.34 percent over the past year, 4.21 percent over the past three years, 4.38 percent over the past five years, and 3.33 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.3%|
|3 Years (Annualized)||4.2%|
|5 Years (Annualized)||4.4%|
|10 Years (Annualized)||3.3%|
The investment seeks as high a level of current interest income exempt from federal income tax and, to the extent possible, from New York individual income tax, as is consistent with relative stability of principal. The fund normally invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in municipal securities that pay interest exempt from U.S. federal income tax (including the federal alternative minimum tax) and New York individual income tax. It normally invests at least 80% of total assets in municipal securities that are rated investment grade. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Columbia New York Intermediate Municipal Bond Fund has an expense ratio of 0.50 percent.
Risk is Average compared to funds in the same category according to Morningstar.