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NYAFX American Funds Tax-Exempt Fund of NY F2

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Fund NYAFX American Funds Tax-Exempt Fund of NY F2 PZT PowerShares New York AMT-Free MuniBd ETF  
100% 91%
Annual Fees
(0.55% Exp. Ratio)
(0.28% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$15,722.78 $17,055.08
Est. savings over 30 yrs +$1,332.30
As of 9/30/16
1 YR RETURN 6.07%
3 YR 5.78%
5 YR 4.57%
10 YR --
1 YR RETURN 7.44%
3 YR 7.81%
5 YR 5.01%
10 YR --
The investment seeks a high level of current income exempt from regular federal, New York state and New York City income taxes; preservation of capital is a secondary objective. The fund seeks to achieve its objectives by primarily investing in municipal bonds issued by the state of New York and its agencies and municipalities. It will invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from regular federal, New York state and New York City income taxes and that do not subject the investment to federal alternative minimum tax.
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.

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

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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