2 / 5 Stars
1 1 5 4 1
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#15 in Muni Single State Short
U.S. News evaluated 19 Muni Single State Short 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 0.15 percent over the past year, 1.11 percent over the past three years, 1.30 percent over the past five years, and 1.87 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.4%|
|3 Years (Annualized)||1.1%|
|5 Years (Annualized)||1.3%|
|10 Years (Annualized)||1.9%|
The investment seeks to provide safety of principal and a moderate rate of return after taking account of federal, state and local taxes for New York residents. The fund normally invests at least 80% of net assets in a portfolio of municipal securities issued by the State of New York or its political subdivisions, or otherwise exempt from New York state income tax. It invests at least 80% of its total assets in municipal securities rated A or better. The fund may invest more than 25% of its net assets in revenue bonds. It is non-diversified.
Fees are Below Average compared to funds in the same category.
Bernstein Short Duration New York Municipal Portfolio has an expense ratio of 0.66 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.