3 / 5 Stars
2 2 2 4 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#13 in Muni New York Long
U.S. News evaluated 25 Muni New York 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 -2.71 percent over the past year, 4.56 percent over the past three years, 4.91 percent over the past five years, and 3.58 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.0%|
|3 Years (Annualized)||4.6%|
|5 Years (Annualized)||4.9%|
|10 Years (Annualized)||3.6%|
The investment seeks as high a level of current income exempt from federal, New York state and New York city income taxes as is consistent with the preservation of capital. The fund invests at least 80% of its assets in municipal bonds rated investment grade (Baa/BBB or higher) or the unrated equivalent as determined by The Dreyfus Corporation. The dollar-weighted average maturity of the fund's portfolio normally exceeds ten years, but the fund may invest without regard to maturity. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Dreyfus New York Tax Exempt Bond Fund has an expense ratio of 0.71 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.