The investment seeks a high level of current income, exempt from federal and New York State and City personal income taxes. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and New York State and City personal income taxes. It allocates assets across different market sectors and maturities and manages the fund to have similar overall interest rate risk to a New York bond index. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is nondiversified.
0.01 (0.08%) 