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MANKX BlackRock NY Municipal Opps Instl

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Fund MANKX BlackRock NY Municipal Opps Instl
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Similarity
?
100%
Annual Fees
?
$51.04
(0.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$15,975.74
Est. savings over 30 yrs
Return
As of 10/31/16
1 YR RETURN 6.44%
3 YR 7.18%
5 YR 5.48%
10 YR 4.56%
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. Municipal bonds also include short-term tax-exempt obligations, like municipal notes, variable rate demand obligations, private activity bonds and insured municipal bonds. The fund seeks to maintain an average portfolio duration of zero to ten years.

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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.

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Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

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