2 / 5 Stars
3 3 3 2 5
Zacks Investment Research
1 (Strong Buy)
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 -0.02 percent over the past year, 3.96 percent over the past three years, 4.28 percent over the past five years, and 3.04 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.5%|
|3 Years (Annualized)||4.0%|
|5 Years (Annualized)||4.3%|
|10 Years (Annualized)||3.0%|
The investment seeks to provide current income that is exempt from both federal and New York personal income taxes. The fund seeks to achieve its investment goal, under normal circumstances, by investing its net assets so that at least 80% of the income it distributes will be exempt from federal regular income tax and personal income tax imposed by the State of New York and New York municipalities. It generally invests in investment grade municipal securities. The fund seeks to maintain a weighted average maturity of three to ten years. It is non-diversified.
Fees are Low compared to funds in the same category.
Wilmington New York Municipal Bond Fund has an expense ratio of 0.84 percent.
Risk is Average compared to funds in the same category according to Morningstar.