Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week |
| -0.39% | |||
| 4 week |
| -0.48% | |||
| 3 month |
| -0.13% | |||
| YTD | +0.38% |
| |||
| 1 year | +2.56% |
| |||
| 3 years* | +4.38% |
| |||
| 5 years* | +4.54% |
| |||
| *annualized | |||||
| Best 3 month return | +8.36% | |
| Worst 3 month return | -7.51% |
Morningstar statistics
Morningstar category: Muni New York Long
| Return | Risk | Rating | |
| 3 years | Low | Below Average |
 
|
| 5 years | Low | Average |
|
| 10 years | Low | Average |
|
| Overall | Low | Average |
|
Key statistics
| Total assets | 370.19M | |
| Front load | - | |
| Deferred load | 4.00% | |
| Expense ratio | 1.60% | |
| Management fee | - | |
| Fund family | DWS Investments |
Asset allocation
| Cash | 0.46% | |
| Stocks | 0.00% | |
| Bonds | 99.54% | |
| Other | 0.00% |
Purchase information
| Initial | US$1,000 | |
| Additional | US$50 | |
| IRA Initial | US$500 | |
| AIP Initial | US$500 | |
| AIP Additional | US$50 |
11.17-0.01(-0.09%)
May 24, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks a high level of current income that is exempt from New York State and New York City personal income taxes and federal income taxes. The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in municipal securities whose income is free from regular federal and New York State personal income tax. It invests at least 65% of net assets in municipal securities and other securities that are exempt from New York City personal income taxes. The fund may invest up to 20% of net assets in securities whose income is subject to the federal AMT. It is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Ashton Goodfield (Started: Apr 1, 1999)
Philip Condon (Started: Dec 30, 2000)
Matthew Caggiano (Started: Dec 30, 2004)
Ashton Goodfield (Started: Apr 1, 1999)
Philip Condon (Started: Dec 30, 2000)
Matthew Caggiano (Started: Dec 30, 2004)
DWS Investments Services, P.O. Box 219151, Kansas City, MO 64121-9151, USA
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -1.96 | -1.54 | -1.89 | -1.59 | |
| Beta* | 1.19 | 1.05 | 1.15 | 1.07 | |
| Mean annual return | 0.34 | 0.40 | 0.42 | 0.31 | |
| R-squared* | 96.09 | 96.37 | 92.88 | 93.96 | |
| Standard deviation | 3.46 | 4.01 | 5.65 | 5.03 | |
| Sharpe ratio | 1.16 | 1.18 | 0.83 | 0.39 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Port Auth 5% | 3.02% | |
| Triborough Brdg & Tunl Auth 6.125% | 2.59% | |
| New York St Twy Auth 5% | 2.12% | |
| Puerto Rico Elec Pwr Auth | 1.98% | |
| New York St Twy Auth | 1.67% | |
| Tobacco Settlement Fing Corp N Asse 5.5% | 1.65% | |
| New York St Dorm Auth 5.25% | 1.61% | |
| Liberty N Y Dev Corp Rev Rev Bds 5.25% | 1.60% | |
| New York St Hsg Fin Agy St Per Rev Bd 5% | 1.59% | |
| Metropolitan Transn Auth 5.5% | 1.57% |