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NMIIX Neuberger Berman New York Muni Inc Instl

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Fund NMIIX Neuberger Berman New York Muni Inc Instl VNYTX Vanguard NY Long-Term Tax-Exempt Inv NYF iShares New York Muni Bond  
100% 97% 92%
Annual Fees
(0.89% Exp. Ratio)
(0.20% Exp. Ratio)
(0.25% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$14,200.57 $17,486.29 $17,225.37
Est. savings over 30 yrs +$3,285.72 +$3,024.80
As of 12/31/16
1 YR RETURN 0.09%
3 YR 3.25%
5 YR --
10 YR --
1 YR RETURN 0.53%
3 YR 5.08%
5 YR 3.79%
10 YR 4.09%
1 YR RETURN 0.12%
3 YR 3.93%
5 YR 3.08%
10 YR --
The investment seeks high current income exempt from federal income tax and New York State and New York City personal income taxes that is consistent with low risk to principal; total return is a secondary goal. The fund normally invests at least 80% of its net assets in securities of municipal issuers that provide interest income that is exempt from federal income tax and New York State and New York City personal income taxes; however, it may invest without limit in municipal securities the interest on which may be an item of tax preference for purposes of the federal alternative minimum tax ("Tax Preference Item"). The fund is non-diversified.
The investment seeks to provide current income that is exempt from both federal and New York personal income taxes. The fund invests primarily in high-quality municipal bonds issued by New York state and local governments, as well as by regional governmental and public financing authorities. It invests at least 80% of its assets will be invested in securities whose income is exempt from federal and New York 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 to track the investment results of the S&P New York AMT-Free Municipal Bond IndexTM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index measures the performance of the investment-grade segment of the New York municipal bond market. The fund 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.


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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