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MBNYX MFS NY Municipal Bond B

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Fund MBNYX MFS NY Municipal Bond B PZT PowerShares New York AMT-Free MuniBd ETF PRNYX T. Rowe Price NY Tax-Free Bond  
100% 92% 98%
Annual Fees
(1.63% Exp. Ratio)
(0.28% Exp. Ratio)
(0.51% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.09% annual return
$11,360.28 $17,099.25 $15,954.82
Est. savings over 30 yrs +$5,738.97 +$4,594.54
As of 12/31/16
1 YR RETURN -0.41%
3 YR 4.10%
5 YR 2.51%
10 YR 3.05%
1 YR RETURN 1.06%
3 YR 6.28%
5 YR 3.82%
10 YR --
1 YR RETURN 0.39%
3 YR 4.72%
5 YR 3.61%
10 YR 4.04%
The investment seeks total return with an emphasis on income exempt from federal income tax and personal income tax, if any, of New York, but also considering capital appreciation. The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax and personal income tax, if any, of New York. The adviser normally invests the fund's assets primarily in municipal instruments. It primarily invests the fund's assets in investment grade quality debt instruments, but may also invest in below investment grade quality debt instruments.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index. The fund generally will invest at least 80% of its total assets in municipal securities that comprise the underlying index and that also are exempt from the federal alternative minimum tax. The index is composed of U.S. dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any U.S. territory or their political subdivisions, in the U.S. domestic market with a term of at least 15 years remaining to final maturity. It is non-diversified.
The investment seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal, New York state, and New York City income taxes. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds that pay interest exempt from federal, New York state, and New York City income taxes, and at least 80% of the fund's income is expected to be exempt from federal, New York state, and New York City income taxes. 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.

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