2 / 5 Stars
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 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 3.78 percent over the past year, 4.22 percent over the past three years, 3.83 percent over the past five years, and 2.81 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.5%|
|3 Years (Annualized)||4.2%|
|5 Years (Annualized)||3.8%|
|10 Years (Annualized)||2.8%|
The investment seeks to provide current income exempt from regular federal income tax and New York state and New York City personal income taxes, and limited principal fluctuation. The fund normally invests at least 80% of its net assets in municipal obligations that are exempt from regular federal income tax and the state taxes specified in the fund's investment objective. It may invest in individual municipal obligations of any maturity although the fund invests in obligations to seek to maintain dollar-weighted average portfolio duration of between three and nine years. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Eaton Vance New York Limited Maturity Municipal Income Fund has an expense ratio of 0.63 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.