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PMAZX Dreyfus Massachusetts Z

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Fund PMAZX Dreyfus Massachusetts Z VMATX Vanguard MA Tax-Exempt Inv FDMMX Fidelity® Massachusetts Municipal Income  
100% 94% 94%
Annual Fees
(0.73% Exp. Ratio)
(0.16% Exp. Ratio)
(0.46% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$14,873.59 $17,660.88 $16,136.31
Est. savings over 30 yrs +$2,787.29 +$1,262.72
As of 9/30/16
1 YR RETURN 4.86%
3 YR 5.16%
5 YR 3.86%
10 YR 4.06%
1 YR RETURN 6.19%
3 YR 6.25%
5 YR 4.65%
10 YR 4.59%
1 YR RETURN 5.69%
3 YR 5.86%
5 YR 4.56%
10 YR 4.63%
The investment seeks to maximize current income exempt from federal income tax and from Massachusetts state income tax, without undue risk. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal and Massachusetts state income taxes. It invests at least 70% of its assets in municipal bonds rated, at the time of purchase, investment grade (Baa/BBB or higher) or the unrated equivalent as determined by the Dreyfus Corporation. The fund is non-diversified.
The investment seeks a high level of current income that is exempt from both federal and Massachusetts personal income taxes. The fund invests primarily in high-quality municipal bonds issued by Massachusetts state and local governments, as well as by regional governmental and public financing authorities. Under normal circumstances, at least 80% of its assets will be invested in securities whose income is exempt from federal and Massachusetts state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. It is non-diversified.
The investment seeks a high level of current income, exempt from federal income tax and Massachusetts personal income tax. The fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Massachusetts personal income taxes. It allocates assets across different market sectors and maturities. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


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Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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