Muni New York intermediate/short portfolios invest at least 80% of assets in New York municipal debt. Because the income from these bonds is generally free from federal taxes and New York state taxes, these portfolios are most appealing to residents of New York. These portfolios have durations of less than seven years (or, if duration is unavailable, average maturities of less than 12 years).
Abbreviation: MN
Broad Asset Class: Municipal Bond
Primary Index: Barclays Municipal Bond
Secondary Index: Barclays Municipal New York