Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week |
| -0.01% | |||
| 4 week | +0.14% |
| |||
| 3 month | +0.70% |
| |||
| YTD | +1.08% |
| |||
| 1 year | +5.36% |
| |||
| 3 years* | +6.46% |
| |||
| 5 years* | +5.81% |
| |||
| *annualized | |||||
| Best 3 month return | +9.57% | |
| Worst 3 month return | -9.36% |
Morningstar statistics
Morningstar category: Muni New York Long
| Return | Risk | Rating | |
| 3 years | Above Average | Above Average |
 
|
| 5 years | Above Average | Above Average |
|
| 10 years | Above Average | Average |
|
| Overall | Above Average | Above Average |
|
Key statistics
| Total assets | 289.67M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.77% | |
| Management fee | - | |
| Fund family | BlackRock |
Asset allocation
| Cash | 2.49% | |
| Stocks | 0.00% | |
| Bonds | 97.51% | |
| Other | 0.00% |
Purchase information
| Initial | US$2,000,000 | |
| IRA Initial | US$2,000,000 | |
| AIP Initial | US$2,000,000 | |
| AIP Additional | US$50 |
11.17-0.01(-0.09%)
May 21, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to provide shareholders with income exempt from Federal income tax and New York State and New York City personal income taxes. Under normal circumstances, the fund will invest at least 80% of its assets in investment grade New York municipal bonds. These may be obligations of a variety of issuers including governmental entities in New York and issuers located in Puerto Rico, the U.S. Virgin Islands and Guam. The interest on these obligations may not be exempt from the Federal Alternative Minimum Tax. The fund expects to maintain an average weighted maturity of greater than ten years.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Timothy Browse (Started: Dec 31, 2006)
Walter O'Connor (Started: Dec 31, 2006)
Theodore Jaeckel Jr. (Started: Dec 31, 2006)
Timothy Browse (Started: Dec 31, 2006)
Walter O'Connor (Started: Dec 31, 2006)
Theodore Jaeckel Jr. (Started: Dec 31, 2006)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -1.06 | -0.58 | -0.99 | -0.41 | |
| Beta* | 1.55 | 1.20 | 1.18 | 1.05 | |
| Mean annual return | 0.57 | 0.56 | 0.51 | 0.40 | |
| R-squared* | 97.61 | 89.32 | 81.93 | 83.95 | |
| Standard deviation | 4.45 | 4.76 | 6.18 | 5.18 | |
| Sharpe ratio | 1.50 | 1.38 | 0.94 | 0.59 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| New York Liberty Dev Corp Libe Se 5.625% | 3.76% | |
| Liberty N Y Dev Corp Rev Rev Bds 5.25% | 2.44% | |
| Hudson Yds Infrasct Corp Rev Bds 5% | 2.21% | |
| New York Liberty Dev Corp Libe Rev Re 5% | 1.93% | |
| Metropolitan Transn Auth 4% | 1.86% | |
| Port Auth 4% | 1.76% | |
| Troy N Y Cap Res Corp Rev Rev Ref 5.125% | 1.54% | |
| New York St Urban Dev Corp Rev Ref 5.5% | 1.46% | |
| Hudson Yds Infrasct Corp Rev Bds 4.5% | 1.37% | |
| Long Island Pwr Auth 5.25% | 1.28% |