Investment Objective

To provide as high a level of current income exempt from federal income tax and New York State personal income tax as the Advisor believes is consistent with the preservation of capital.

Investment Strategy

The Series invests primarily in municipal bonds that provide income exempt from federal income tax and New York State personal income tax.

May be Appropriate for Investors

  • Seeking income that is exempt from federal and New York State income taxes
  • Seeking a long-term investment and are willing to accept the risk of interest rate fluctuations
  • Seeking to diversify a portfolio by adding a municipal bond component

Daily Price

$10.71

Daily $ Change

-$0.05

Daily % Change

-0.47%

as of 09/13/2019

Ticker

MNNWX

CUSIP

56382R340

Inception Date

03/01/2019

This fund is only available to discretionary investment accounts and other accounts managed by the Advisor.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet ---
Applications & Forms

Performance

As of 08/31/2019

YTD

5.80%

1 Year

6.73%

3 Year

1.89%

5 Year

1.80%

10 Year

2.27%

Inception
(01/17/1994)

3.63%

US Stock Market Cycle (04/01/2000 - 08/31/2019)

3.52%

Inception performance is based on the New York Tax Exempt Series Class A inception of 01/17/1994. For periods through 03/01/2019 (the inception date of the Class W shares), performance for the Class W shares is based on the historical performance of the Class A shares. Because the Class W shares invest in the same portfolio of securities as the Class A shares, performance will be different only to the extent that the Class A shares have a higher expense ratio. Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. The investment return and principal value of an investment will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than that quoted.

Expense Ratio

Gross 0.62%
Net 0.12%*

*Reflects the Advisor's contractual agreement to waive its management fee and limit and reimburse certain other expenses. These contractual waivers may not be amended or terminated without the prior approval of the Fund's Board of Directors. The Class W shares are only available to discretionary investment accounts and other accounts managed by the Advisor. These clients pay a management fee to the Advisor that is separate from the fund's expenses.

Top Ten Investments

As of 08/31/2019

NEW YORK CITY NY MUNI WTR FIN 5.00000 12/15/2026 4.00%
NEW YORK CITY NY TRANSITIONALFIN 5.00000 11/01/2022 3.70%
NEW YORK NY 5.00000 08/01/2023 3.41%
PORT AUTH OF NEW YORK & NEW JERS 5.00000 09/01/2024 3.27%
NEW YORK CITY NY MUNI WTR FIN 5.00000 06/15/2027 2.68%
NEW YORK CITY NY TRANSITIONALFIN 5.00000 07/15/2023 2.52%
NEW YORK ST ENVRNMNTL FACS CORP 4.00000 08/15/2026 2.47%
MET TRANSPRTN AUTH NY DEDICATED 5.00000 11/15/2023 2.41%
NEW YORK ST DORM AUTH ST 5.00000 09/15/2028 2.29%
NEW YORK CITY NY TRANSITIONAL FI 4.00000 05/01/2029 2.14%

Top Ten Investments list is unaudited and excludes cash

Sector Allocation

As of 08/31/2019

Revenue 59.99%
G.O. 38.32%
Cash 1.09%
Other 0.60%

Credit Quality Distribution

As of 08/31/2019

AAA 9.59%
AA 84.81%
A 5.57%
NR 0.03%

August Fund Holdings

As of 08/31/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
039857FZ5 ARDSLEY NY 3.00000 07/15/2027 US 1,000,000 $1,054,900.00
041717MD8 ARLINGTON NY CENTRL SCH DIST 4.00000 12/15/2021 US 300,000 $321,132.00
05620PKT9 BABYLON NY 2.25000 12/01/2025 US 705,000 $754,998.60
076316KB3 BEDFORD NY CENTRL SCH DIST 2.00000 10/15/2020 US 500,000 $505,620.00
107799LT3 BRIARCLIFF MANOR NY 3.00000 02/01/2020 US 265,000 $267,337.30
119699JG2 BUFFALO NY MUNI WTR FIN AUTH 4.00000 07/01/2022 US 300,000 $323,985.00
119699JH0 BUFFALO NY MUNI WTR FIN AUTH 5.00000 07/01/2023 US 300,000 $344,781.00
119699KM7 BUFFALO NY MUNI WTR FIN AUTH 5.00000 07/01/2026 US 250,000 $301,812.50
119699KN5 BUFFALO NY MUNI WTR FIN AUTH 5.00000 07/01/2026 US 600,000 $719,052.00
119699KP0 BUFFALO NY MUNI WTR FIN AUTH 5.00000 07/01/2026 US 250,000 $297,860.00
137159WT2 CANANDAIGUA NY PUBLIC IMPT 3.00000 12/15/2026 US 570,000 $627,564.30
137177UA7 CANANDAIGUA NY CITY SCH DIST 2.12500 06/15/2025 US 540,000 $569,278.80
164095EW7 CHENANGO VLY NY CENTRL SCH 2.12500 06/15/2021 US 500,000 $510,435.00
180312KE9 CLARENCE NY CENTRL SCH DIST 4.00000 05/15/2021 US 250,000 $263,282.50
182324TN3 CLARKSTOWN NY CENTRL SCH DIST 4.00000 10/15/2020 US 500,000 $516,895.00
220605JU4 CORTLAND CNTY NY 2.75000 09/01/2019 US 305,000 $305,000.00
262006208 DREYFUS GVT CSH MANAGEMENT US 1,007,195.61 $1,007,195.61
2670393W3 DUTCHESS CNTY NY 2.12500 12/15/2022 US 850,000 $881,832.50
29508RKV7 ERIE CNTY NY FISCAL STABILITYAUT 5.00000 09/01/2027 US 1,000,000 $1,253,580.00
296821EF4 ESSEX CNTY NY 5.00000 05/01/2020 US 500,000 $513,555.00
30309HAC1 FRETE 2019- ML05 TRUST 3.40000 01/25/2036 US 493,138.24 $556,047.89
392460ZT1 GREECE NY CENTRL SCH DIST 2.50000 06/15/2023 US 620,000 $652,264.80
394604NJ7 GREENE CNTY NY 2.62500 12/01/2027 US 1,000,000 $984,110.00
463074J62 IRONDEQUOIT NY 3.00000 04/15/2027 US 560,000 $583,312.80
463352EY6 IROQUOIS NY CENTRL SCH DIST 2.00000 06/15/2020 US 500,000 $504,655.00
465650H93 ITHACA CITY NY SER B 3.00000 07/15/2025 US 440,000 $447,726.40
465650J26 ITHACA CITY NY SER B 3.00000 07/15/2025 US 400,000 $406,496.00
496098EW0 KINGS PARK NY CENTRL SCH DIST 2.00000 08/01/2020 US 500,000 $505,235.00
561484TK2 MAMARONECK TOWN NY 2.00000 07/15/2020 US 335,000 $338,366.75
59259NV42 MET TRANSPRTN AUTH NY DEDICATED 5.00000 11/15/2023 US 1,885,000 $2,196,477.40
59259YTU3 MET TRANSPRTN AUTH NY REVENUE 5.00000 11/15/2022 US 505,000 $564,660.70
59259YWV7 MET TRANSPORTN AUTH NY REVENUE 5.00000 11/15/2021 US 1,000,000 $1,083,670.00
59259YY78 MET TRANSPRTN AUTH NY REVENUE 5.00000 11/15/2019 US 500,000 $503,800.00
59261AAF4 MET TRANSPRTN AUTH NY REVENUE 5.00000 11/15/2022 US 250,000 $279,970.00
630599JC3 NAPLES NY CENTRAL SCH DIST 2.50000 06/15/2020 US 710,000 $719,144.80
63166QBW9 NASSAU CNTY NY SWR & STORM WTR 5.00000 10/01/2022 US 500,000 $562,225.00
64966LS77 NEW YORK NY 5.00000 08/01/2023 US 2,700,000 $3,102,651.00
64966MSZ3 NEW YORK NY 5.00000 02/01/2028 US 1,500,000 $1,914,030.00
64966QAZ3 NEW YORK NY SER D- SUBSER - D1 4.00000 12/01/2028 US 1,650,000 $1,903,143.00
64971QXP3 NEW YORK CITY NY TRANSITIONALFIN 5.00000 11/01/2022 US 3,000,000 $3,368,280.00
64971WTP5 NEW YORK CITY NY TRANSITIONALFIN 5.00000 02/01/2025 US 475,000 $573,809.50
64971WWS5 NEW YORK CITY NY TRANSITIONAL 3.25000 08/01/2025 US 1,000,000 $1,059,090.00
64971XKP2 NEW YORK CITY NY TRANSITIONAL FI 4.00000 05/01/2029 US 1,680,000 $1,946,364.00
64972GKA1 NEW YORK CITY NY MUNI WTR FINAUT 3.00000 06/15/2026 US 1,250,000 $1,295,775.00
64972GNC4 NEW YORK CITY NY MUNI WTR FIN 5.00000 12/15/2026 US 3,000,000 $3,641,310.00
64972GPJ7 NEW YORK CITY NY MUNI WTR FIN 5.00000 06/15/2027 US 2,000,000 $2,436,440.00
64972HL59 NEW YORK CITY TRANSITIONAL FIN 5.00000 07/15/2021 US 970,000 $1,040,713.00
64972HU26 NEW YORK CITY NY TRANSITIONAL 5.00000 07/15/2028 US 1,000,000 $1,276,760.00
64972HXG2 NEW YORK CITY NY TRANSITIONALFIN 5.00000 07/15/2023 US 2,000,000 $2,297,420.00
64972HZH8 NEW YORK CITY NY TRANSITIONAL 5.00000 07/15/2023 US 820,000 $941,942.20
649791FT2 NEW YORK ST 5.00000 12/15/2019 US 565,000 $571,644.40
649791GL8 NEW YORK ST 4.25000 12/15/2021 US 480,000 $510,696.00
649791HE3 NEW YORK ST 5.00000 03/01/2021 US 1,000,000 $1,062,310.00
64985HWH6 NEW YORK ST ENVRNMNTL FACS CORP 4.00000 08/15/2026 US 2,000,000 $2,246,440.00
64986AP62 NEW YORK ST ENVRNMNTL FACS CORP 5.00000 06/15/2021 US 1,000,000 $1,070,970.00
64986AU58 NEW YORK ST ENVRNMNTL FACS CORP 5.00000 06/15/2020 US 1,250,000 $1,289,062.50
649907QR6 NEW YORK ST DORM AUTH REVENUES 5.00000 10/01/2023 US 1,000,000 $1,156,200.00
64990ADR3 NEW YORK ST DORM AUTH SALES TAX 5.00000 03/15/2025 US 500,000 $606,295.00
64990AGC3 NEW YORK ST DORM AUTH SALES TAX 5.00000 03/15/2027 US 1,500,000 $1,904,880.00
64990AGV1 NEW YORK ST DORM AUTH SALES TAX 4.00000 03/15/2027 US 1,050,000 $1,171,674.00
64990EX28 NEW YORK ST DORM AUTH ST 3.50000 09/15/2025 US 850,000 $898,152.50
64990FJK1 NEW YORK ST DORM AUTH ST 5.00000 09/15/2028 US 1,680,000 $2,085,636.00
64990FJL9 NEW YORK ST DORM AUTH ST PERSONA 4.00000 09/15/2028 US 600,000 $682,170.00
64990GNZ1 NEW YORK ST DORM AUTH REVENUES 4.00000 10/01/2027 US 1,000,000 $1,144,760.00
64990GPA4 NEW YORK ST DORM AUTH REVENUES 4.00000 10/01/2027 US 1,000,000 $1,140,520.00
650028SK0 NEW YORK ST THRUWAY AUTH PERSONA 5.00000 03/15/2020 US 550,000 $561,583.00
650035P51 NEW YORK ST URBAN DEV CORP 5.00000 09/15/2025 US 500,000 $598,545.00
653352G57 NIAGARA CNTY NY 2.00000 02/01/2020 US 500,000 $502,315.00
658731KQ6 NORTH COLONIE NY CENTRL SCH DIST 4.00000 07/15/2020 US 400,000 $410,468.00
6827454B7 ONONDAGA CNTY NY 5.00000 05/01/2020 US 250,000 $256,710.00
6827455M2 ONONDAGA CNTY NY 5.00000 05/15/2022 US 1,000,000 $1,107,980.00
6827455N0 ONONDAGA CNTY NY 5.00000 05/15/2023 US 1,000,000 $1,147,540.00
6827457M0 ONONDAGA CNTY NY 2.12500 06/15/2024 US 715,000 $728,084.50
68277DDK7 ONONDAGA CNTY NY 3.00000 06/01/2026 US 1,000,000 $1,035,740.00
6845753K7 ORANGE CNTY NY 5.00000 03/01/2023 US 520,000 $594,864.40
725633TT8 PITTSFORD NY 2.00000 11/01/2025 US 595,000 $629,819.40
725635EH5 PITTSFORD NY CENTRL SCH DIST 4.00000 10/01/2021 US 350,000 $372,760.50
73358WQN7 PORT AUTH OF NEW YORK & NEW JERS 5.00000 12/01/2023 US 765,000 $890,980.20
73358WSS4 PORT AUTH OF NEW YORK & NEW JERS 5.00000 09/01/2024 US 2,500,000 $2,981,175.00
73358WWL4 PORT AUTH OF NEW YORK & NEW JERS 5.00000 05/01/2024 US 800,000 $944,352.00
759897VY4 RENSSELEAR CNTY NY 2.00000 09/03/2019 US 930,000 $930,809.10
771690E26 ROCHESTER NY 5.00000 08/15/2022 US 95,000 $106,074.15
778190FN3 ROSLYN NY UNION FREE SCH DIST 5.00000 10/15/2020 US 215,000 $224,894.30
823194ZX6 SHENENDEHOWA NY CENTRL SCH DIST 4.00000 07/15/2020 US 475,000 $487,891.50
844606DR1 SOUTHOLD NY UNION FREE SCH DIST 3.00000 06/15/2025 US 435,000 $469,208.40
864784DE0 SUFFOLK CNTY NY WTR AUTH WTRWKS 5.00000 06/01/2021 US 1,225,000 $1,312,244.50
864784FD0 SUFFOLK CNTY NY WTR AUTH 4.00000 12/01/2021 US 25,000 $26,704.25
864784FE8 SUFFOLK CNTY NY WTR AUTH 4.00000 12/01/2021 US 175,000 $186,473.00
865270XZ0 SULLIVAN CNTY NY 3.00000 11/15/2023 US 500,000 $540,090.00
89602N2P8 TRIBOROUGH NY BRIDGE & TUNNELAUT 5.00000 11/15/2023 US 350,000 $407,834.00
89602N5B6 TRIBOROUGH NY BRIDGE & TUNNEL 5.00000 11/15/2024 US 650,000 $781,917.50
89602NZF4 TRIBOROUGH NY BRIDGE & TUNNEL AU 5.00000 11/15/2022 US 1,000,000 $1,127,270.00
89602NZZ0 TRIBOROUGH NY BRIDGE & TUNNELAUT 5.00000 11/15/2022 US 1,000,000 $1,126,600.00
89602RFK6 TRIBOROUGH BRIDGE & TUNNEL AUTH 4.00000 05/15/2029 US 500,000 $574,860.00
903766G72 ULSTER CNTY NY 2.00000 11/15/2020 US 685,000 $693,370.70
903766N25 ULSTER CNTY NY 3.00000 11/15/2026 US 425,000 $474,899.25
903766YP2 ULSTER CNTY NY 4.00000 11/15/2019 US 510,000 $513,029.40
925445RH3 VESTAL NY CENTRL SCH DIST 2.00000 06/15/2025 US 685,000 $720,777.55
929024ES2 VOORHEESVILLE NY CENTRL SCH DIST 5.00000 06/15/2021 US 500,000 $536,585.00
935120FZ3 WARREN CNTY NY 4.00000 07/15/2020 US 500,000 $513,085.00
945829DJ5 WAYNE CNTY NY 3.00000 06/01/2021 US 295,000 $305,991.70
948123PZ1 WEBSTER NY CENTRAL SCH DIST 2.00000 10/15/2021 US 315,000 $319,961.25
986082NA9 YONKERS NY 4.00000 08/15/2020 US 350,000 $360,006.50

Investments will change over time.

Distributions

  • New York Tax Exempt Series Class W Distribution History
  • 2019 Distribution Calendar
  • First Quarter 2019 Distributions
  • Fourth Quarter 2018 Distributions
  • Third Quarter 2018 Distributions
  • Second Quarter 2019 Distributions
  • Tax Letter

A Word About Risk

All investments involve risks, including possible loss of principal. There is an inverse relationship between bond prices and interest rates; as interest rates rise, bond prices (and therefore the value of bond funds) fall. Likewise, as interest rates fall, bond prices and the value of bond funds rise. The income earned by the Series may be subject to the Alternative Minimum Tax (AMT), depending on your tax situation.

Daily Price

$10.71

Daily $ Change

-$0.05

Daily % Change

-0.47%

as of 09/13/2019

Ticker

MNNWX

CUSIP

56382R340

Inception Date

03/01/2019

This fund is only available to discretionary investment accounts and other accounts managed by the Advisor.

Important Documents

Summary Prospectus
Prospectus
Statement of Additional Information
Annual Report
Semi-Annual Report
Fact Sheet ---
Applications & Forms

Investment Objective

To provide as high a level of current income exempt from federal income tax and New York State personal income tax as the Advisor believes is consistent with the preservation of capital.

Investment Strategy

The Series invests primarily in municipal bonds that provide income exempt from federal income tax and New York State personal income tax.

May be Appropriate for Investors

  • Seeking income that is exempt from federal and New York State income taxes
  • Seeking a long-term investment and are willing to accept the risk of interest rate fluctuations
  • Seeking to diversify a portfolio by adding a municipal bond component

Performance

As of 08/31/2019

YTD

5.80%

1 Year

6.73%

3 Year

1.89%

5 Year

1.80%

10 Year

2.27%

Inception
(01/17/1994)

3.63%

US Stock Market Cycle (04/01/2000 - 08/31/2019)

3.52%

Inception performance is based on the New York Tax Exempt Series Class A inception of 01/17/1994. For periods through 03/01/2019 (the inception date of the Class W shares), performance for the Class W shares is based on the historical performance of the Class A shares. Because the Class W shares invest in the same portfolio of securities as the Class A shares, performance will be different only to the extent that the Class A shares have a higher expense ratio. Performance data quoted represents past performance and does not guarantee future results. Performance for periods greater than one year is annualized. The investment return and principal value of an investment will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than that quoted.

Expense Ratio

Gross 0.62%
Net 0.12%*

*Reflects the Advisor's contractual agreement to waive its management fee and limit and reimburse certain other expenses. These contractual waivers may not be amended or terminated without the prior approval of the Fund's Board of Directors. The Class W shares are only available to discretionary investment accounts and other accounts managed by the Advisor. These clients pay a management fee to the Advisor that is separate from the fund's expenses.

Top Ten Investments

As of 08/31/2019

NEW YORK CITY NY MUNI WTR FIN 5.00000 12/15/2026 4.00%
NEW YORK CITY NY TRANSITIONALFIN 5.00000 11/01/2022 3.70%
NEW YORK NY 5.00000 08/01/2023 3.41%
PORT AUTH OF NEW YORK & NEW JERS 5.00000 09/01/2024 3.27%
NEW YORK CITY NY MUNI WTR FIN 5.00000 06/15/2027 2.68%
NEW YORK CITY NY TRANSITIONALFIN 5.00000 07/15/2023 2.52%
NEW YORK ST ENVRNMNTL FACS CORP 4.00000 08/15/2026 2.47%
MET TRANSPRTN AUTH NY DEDICATED 5.00000 11/15/2023 2.41%
NEW YORK ST DORM AUTH ST 5.00000 09/15/2028 2.29%
NEW YORK CITY NY TRANSITIONAL FI 4.00000 05/01/2029 2.14%

Top Ten Investments list is unaudited and excludes cash

Sector Allocation

As of 08/31/2019

Revenue
59.99%
G.O.
38.32%
Cash
1.09%
Other
0.60%

Credit Quality Distribution

As of 08/31/2019

AAA
9.59%
AA
84.81%
A
5.57%
NR
0.03%

August Fund Holdings

As of 08/31/2019

CUSIP Security Description Country Ticker Shares/Par Market Value (USD)
039857FZ5 ARDSLEY NY 3.00000 07/15/2027 US 1,000,000 $1,054,900.00
041717MD8 ARLINGTON NY CENTRL SCH DIST 4.00000 12/15/2021 US 300,000 $321,132.00
05620PKT9 BABYLON NY 2.25000 12/01/2025 US 705,000 $754,998.60
076316KB3 BEDFORD NY CENTRL SCH DIST 2.00000 10/15/2020 US 500,000 $505,620.00
107799LT3 BRIARCLIFF MANOR NY 3.00000 02/01/2020 US 265,000 $267,337.30
119699JG2 BUFFALO NY MUNI WTR FIN AUTH 4.00000 07/01/2022 US 300,000 $323,985.00
119699JH0 BUFFALO NY MUNI WTR FIN AUTH 5.00000 07/01/2023 US 300,000 $344,781.00
119699KM7 BUFFALO NY MUNI WTR FIN AUTH 5.00000 07/01/2026 US 250,000 $301,812.50
119699KN5 BUFFALO NY MUNI WTR FIN AUTH 5.00000 07/01/2026 US 600,000 $719,052.00
119699KP0 BUFFALO NY MUNI WTR FIN AUTH 5.00000 07/01/2026 US 250,000 $297,860.00
137159WT2 CANANDAIGUA NY PUBLIC IMPT 3.00000 12/15/2026 US 570,000 $627,564.30
137177UA7 CANANDAIGUA NY CITY SCH DIST 2.12500 06/15/2025 US 540,000 $569,278.80
164095EW7 CHENANGO VLY NY CENTRL SCH 2.12500 06/15/2021 US 500,000 $510,435.00
180312KE9 CLARENCE NY CENTRL SCH DIST 4.00000 05/15/2021 US 250,000 $263,282.50
182324TN3 CLARKSTOWN NY CENTRL SCH DIST 4.00000 10/15/2020 US 500,000 $516,895.00
220605JU4 CORTLAND CNTY NY 2.75000 09/01/2019 US 305,000 $305,000.00
262006208 DREYFUS GVT CSH MANAGEMENT US 1,007,195.61 $1,007,195.61
2670393W3 DUTCHESS CNTY NY 2.12500 12/15/2022 US 850,000 $881,832.50
29508RKV7 ERIE CNTY NY FISCAL STABILITYAUT 5.00000 09/01/2027 US 1,000,000 $1,253,580.00
296821EF4 ESSEX CNTY NY 5.00000 05/01/2020 US 500,000 $513,555.00
30309HAC1 FRETE 2019- ML05 TRUST 3.40000 01/25/2036 US 493,138.24 $556,047.89
392460ZT1 GREECE NY CENTRL SCH DIST 2.50000 06/15/2023 US 620,000 $652,264.80
394604NJ7 GREENE CNTY NY 2.62500 12/01/2027 US 1,000,000 $984,110.00
463074J62 IRONDEQUOIT NY 3.00000 04/15/2027 US 560,000 $583,312.80
463352EY6 IROQUOIS NY CENTRL SCH DIST 2.00000 06/15/2020 US 500,000 $504,655.00
465650H93 ITHACA CITY NY SER B 3.00000 07/15/2025 US 440,000 $447,726.40
465650J26 ITHACA CITY NY SER B 3.00000 07/15/2025 US 400,000 $406,496.00
496098EW0 KINGS PARK NY CENTRL SCH DIST 2.00000 08/01/2020 US 500,000 $505,235.00
561484TK2 MAMARONECK TOWN NY 2.00000 07/15/2020 US 335,000 $338,366.75
59259NV42 MET TRANSPRTN AUTH NY DEDICATED 5.00000 11/15/2023 US 1,885,000 $2,196,477.40
59259YTU3 MET TRANSPRTN AUTH NY REVENUE 5.00000 11/15/2022 US 505,000 $564,660.70
59259YWV7 MET TRANSPORTN AUTH NY REVENUE 5.00000 11/15/2021 US 1,000,000 $1,083,670.00
59259YY78 MET TRANSPRTN AUTH NY REVENUE 5.00000 11/15/2019 US 500,000 $503,800.00
59261AAF4 MET TRANSPRTN AUTH NY REVENUE 5.00000 11/15/2022 US 250,000 $279,970.00
630599JC3 NAPLES NY CENTRAL SCH DIST 2.50000 06/15/2020 US 710,000 $719,144.80
63166QBW9 NASSAU CNTY NY SWR & STORM WTR 5.00000 10/01/2022 US 500,000 $562,225.00
64966LS77 NEW YORK NY 5.00000 08/01/2023 US 2,700,000 $3,102,651.00
64966MSZ3 NEW YORK NY 5.00000 02/01/2028 US 1,500,000 $1,914,030.00
64966QAZ3 NEW YORK NY SER D- SUBSER - D1 4.00000 12/01/2028 US 1,650,000 $1,903,143.00
64971QXP3 NEW YORK CITY NY TRANSITIONALFIN 5.00000 11/01/2022 US 3,000,000 $3,368,280.00
64971WTP5 NEW YORK CITY NY TRANSITIONALFIN 5.00000 02/01/2025 US 475,000 $573,809.50
64971WWS5 NEW YORK CITY NY TRANSITIONAL 3.25000 08/01/2025 US 1,000,000 $1,059,090.00
64971XKP2 NEW YORK CITY NY TRANSITIONAL FI 4.00000 05/01/2029 US 1,680,000 $1,946,364.00
64972GKA1 NEW YORK CITY NY MUNI WTR FINAUT 3.00000 06/15/2026 US 1,250,000 $1,295,775.00
64972GNC4 NEW YORK CITY NY MUNI WTR FIN 5.00000 12/15/2026 US 3,000,000 $3,641,310.00
64972GPJ7 NEW YORK CITY NY MUNI WTR FIN 5.00000 06/15/2027 US 2,000,000 $2,436,440.00
64972HL59 NEW YORK CITY TRANSITIONAL FIN 5.00000 07/15/2021 US 970,000 $1,040,713.00
64972HU26 NEW YORK CITY NY TRANSITIONAL 5.00000 07/15/2028 US 1,000,000 $1,276,760.00
64972HXG2 NEW YORK CITY NY TRANSITIONALFIN 5.00000 07/15/2023 US 2,000,000 $2,297,420.00
64972HZH8 NEW YORK CITY NY TRANSITIONAL 5.00000 07/15/2023 US 820,000 $941,942.20
649791FT2 NEW YORK ST 5.00000 12/15/2019 US 565,000 $571,644.40
649791GL8 NEW YORK ST 4.25000 12/15/2021 US 480,000 $510,696.00
649791HE3 NEW YORK ST 5.00000 03/01/2021 US 1,000,000 $1,062,310.00
64985HWH6 NEW YORK ST ENVRNMNTL FACS CORP 4.00000 08/15/2026 US 2,000,000 $2,246,440.00
64986AP62 NEW YORK ST ENVRNMNTL FACS CORP 5.00000 06/15/2021 US 1,000,000 $1,070,970.00
64986AU58 NEW YORK ST ENVRNMNTL FACS CORP 5.00000 06/15/2020 US 1,250,000 $1,289,062.50
649907QR6 NEW YORK ST DORM AUTH REVENUES 5.00000 10/01/2023 US 1,000,000 $1,156,200.00
64990ADR3 NEW YORK ST DORM AUTH SALES TAX 5.00000 03/15/2025 US 500,000 $606,295.00
64990AGC3 NEW YORK ST DORM AUTH SALES TAX 5.00000 03/15/2027 US 1,500,000 $1,904,880.00
64990AGV1 NEW YORK ST DORM AUTH SALES TAX 4.00000 03/15/2027 US 1,050,000 $1,171,674.00
64990EX28 NEW YORK ST DORM AUTH ST 3.50000 09/15/2025 US 850,000 $898,152.50
64990FJK1 NEW YORK ST DORM AUTH ST 5.00000 09/15/2028 US 1,680,000 $2,085,636.00
64990FJL9 NEW YORK ST DORM AUTH ST PERSONA 4.00000 09/15/2028 US 600,000 $682,170.00
64990GNZ1 NEW YORK ST DORM AUTH REVENUES 4.00000 10/01/2027 US 1,000,000 $1,144,760.00
64990GPA4 NEW YORK ST DORM AUTH REVENUES 4.00000 10/01/2027 US 1,000,000 $1,140,520.00
650028SK0 NEW YORK ST THRUWAY AUTH PERSONA 5.00000 03/15/2020 US 550,000 $561,583.00
650035P51 NEW YORK ST URBAN DEV CORP 5.00000 09/15/2025 US 500,000 $598,545.00
653352G57 NIAGARA CNTY NY 2.00000 02/01/2020 US 500,000 $502,315.00
658731KQ6 NORTH COLONIE NY CENTRL SCH DIST 4.00000 07/15/2020 US 400,000 $410,468.00
6827454B7 ONONDAGA CNTY NY 5.00000 05/01/2020 US 250,000 $256,710.00
6827455M2 ONONDAGA CNTY NY 5.00000 05/15/2022 US 1,000,000 $1,107,980.00
6827455N0 ONONDAGA CNTY NY 5.00000 05/15/2023 US 1,000,000 $1,147,540.00
6827457M0 ONONDAGA CNTY NY 2.12500 06/15/2024 US 715,000 $728,084.50
68277DDK7 ONONDAGA CNTY NY 3.00000 06/01/2026 US 1,000,000 $1,035,740.00
6845753K7 ORANGE CNTY NY 5.00000 03/01/2023 US 520,000 $594,864.40
725633TT8 PITTSFORD NY 2.00000 11/01/2025 US 595,000 $629,819.40
725635EH5 PITTSFORD NY CENTRL SCH DIST 4.00000 10/01/2021 US 350,000 $372,760.50
73358WQN7 PORT AUTH OF NEW YORK & NEW JERS 5.00000 12/01/2023 US 765,000 $890,980.20
73358WSS4 PORT AUTH OF NEW YORK & NEW JERS 5.00000 09/01/2024 US 2,500,000 $2,981,175.00
73358WWL4 PORT AUTH OF NEW YORK & NEW JERS 5.00000 05/01/2024 US 800,000 $944,352.00
759897VY4 RENSSELEAR CNTY NY 2.00000 09/03/2019 US 930,000 $930,809.10
771690E26 ROCHESTER NY 5.00000 08/15/2022 US 95,000 $106,074.15
778190FN3 ROSLYN NY UNION FREE SCH DIST 5.00000 10/15/2020 US 215,000 $224,894.30
823194ZX6 SHENENDEHOWA NY CENTRL SCH DIST 4.00000 07/15/2020 US 475,000 $487,891.50
844606DR1 SOUTHOLD NY UNION FREE SCH DIST 3.00000 06/15/2025 US 435,000 $469,208.40
864784DE0 SUFFOLK CNTY NY WTR AUTH WTRWKS 5.00000 06/01/2021 US 1,225,000 $1,312,244.50
864784FD0 SUFFOLK CNTY NY WTR AUTH 4.00000 12/01/2021 US 25,000 $26,704.25
864784FE8 SUFFOLK CNTY NY WTR AUTH 4.00000 12/01/2021 US 175,000 $186,473.00
865270XZ0 SULLIVAN CNTY NY 3.00000 11/15/2023 US 500,000 $540,090.00
89602N2P8 TRIBOROUGH NY BRIDGE & TUNNELAUT 5.00000 11/15/2023 US 350,000 $407,834.00
89602N5B6 TRIBOROUGH NY BRIDGE & TUNNEL 5.00000 11/15/2024 US 650,000 $781,917.50
89602NZF4 TRIBOROUGH NY BRIDGE & TUNNEL AU 5.00000 11/15/2022 US 1,000,000 $1,127,270.00
89602NZZ0 TRIBOROUGH NY BRIDGE & TUNNELAUT 5.00000 11/15/2022 US 1,000,000 $1,126,600.00
89602RFK6 TRIBOROUGH BRIDGE & TUNNEL AUTH 4.00000 05/15/2029 US 500,000 $574,860.00
903766G72 ULSTER CNTY NY 2.00000 11/15/2020 US 685,000 $693,370.70
903766N25 ULSTER CNTY NY 3.00000 11/15/2026 US 425,000 $474,899.25
903766YP2 ULSTER CNTY NY 4.00000 11/15/2019 US 510,000 $513,029.40
925445RH3 VESTAL NY CENTRL SCH DIST 2.00000 06/15/2025 US 685,000 $720,777.55
929024ES2 VOORHEESVILLE NY CENTRL SCH DIST 5.00000 06/15/2021 US 500,000 $536,585.00
935120FZ3 WARREN CNTY NY 4.00000 07/15/2020 US 500,000 $513,085.00
945829DJ5 WAYNE CNTY NY 3.00000 06/01/2021 US 295,000 $305,991.70
948123PZ1 WEBSTER NY CENTRAL SCH DIST 2.00000 10/15/2021 US 315,000 $319,961.25
986082NA9 YONKERS NY 4.00000 08/15/2020 US 350,000 $360,006.50

Investments will change over time.

Distributions

  • New York Tax Exempt Series Class W Distribution History
  • 2019 Distribution Calendar
  • First Quarter 2019 Distributions
  • Fourth Quarter 2018 Distributions
  • Third Quarter 2018 Distributions
  • Second Quarter 2019 Distributions
  • Tax Letter

A Word About Risk

All investments involve risks, including possible loss of principal. There is an inverse relationship between bond prices and interest rates; as interest rates rise, bond prices (and therefore the value of bond funds) fall. Likewise, as interest rates fall, bond prices and the value of bond funds rise. The income earned by the Series may be subject to the Alternative Minimum Tax (AMT), depending on your tax situation.


Loading...