2 / 5 Stars
3 3 3 1 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 20 Muni Pennsylvania 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 -1.27 percent over the past year, 3.68 percent over the past three years, 4.26 percent over the past five years, and 3.06 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||1.8%|
|3 Years (Annualized)||3.7%|
|5 Years (Annualized)||4.3%|
|10 Years (Annualized)||3.1%|
The investment seeks as high a level of income exempt from federal and Pennsylvania state income taxes as is consistent with the preservation of capital. The fund normally invests at least 80% of assets in municipal bonds, the interest from which is exempt from federal and PA state personal income taxes. Generally, its average effective portfolio maturity will be between three and ten years and the average effective duration of the fund's portfolio will not exceed eight years. The fund may invest in individual municipal and taxable bonds of any maturity or duration. It is non-diversified.
Fees are Below Average compared to funds in the same category.
BNY Mellon PA Intermediate Municipal Bond Fund has an expense ratio of 0.92 percent.
Risk is Low compared to funds in the same category according to Morningstar.