5 / 5 Stars
3 3 2 2 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 68 Muni Single State Interm 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 -4.17 percent over the past year, 4.91 percent over the past three years, 5.08 percent over the past five years, and 3.51 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.3%|
|3 Years (Annualized)||4.9%|
|5 Years (Annualized)||5.1%|
|10 Years (Annualized)||3.5%|
The investment seeks to maximize current income exempt from federal income tax and from Connecticut state income tax, without undue risk. The fund normally invests substantially all of its assets in municipal bonds that provide income exempt from federal and Connecticut state income taxes. It invests at least 70% of assets in municipal bonds rated investment grade (Baa/ BBB or higher) or the unrated equivalent as determined by The Dreyfus Corporation. For additional yield, the fund may invest up to 30% of its assets in municipal bonds rated below investment grade or the unrated equivalent as determined by The Dreyfus Corporation. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Dreyfus Connecticut Fund has an expense ratio of 0.63 percent.
Risk is High compared to funds in the same category according to Morningstar.