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NNYAX Nuveen NY Municipal Bond A

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Fund NNYAX Nuveen NY Municipal Bond A PZT PowerShares New York AMT-Free MuniBd ETF  
100% 96%
Annual Fees
(0.78% Exp. Ratio)
(0.28% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$14,667.71 $17,055.08
Est. savings over 30 yrs +$2,387.37
As of 9/30/16
1 YR RETURN 6.61%
3 YR 6.45%
5 YR 4.61%
10 YR 4.59%
1 YR RETURN 7.44%
3 YR 7.81%
5 YR 5.01%
10 YR --
The investment seeks to provide as high a level of current interest income exempt from regular federal, New York State and, in some cases, New York local income taxes as is consistent with preservation of capital. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal and New York personal income tax. These municipal bonds include obligations issued by the State of New York and its subdivisions, authorities, instrumentalities and corporations, as well as obligations issued by U.S. territories.
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.

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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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Yes, funds and ETFs charge fees

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