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) »
Timothy Browse (Started: Dec 31, 2006)
Walter O'Connor (Started: Dec 31, 2006)
Theodore Jaeckel Jr. (Started: Dec 31, 2006)
# Contact ?>
BlackRock Funds, P.O. Box 9819