BNY Mellon New York Intermediate Tax-Exempt Bond Fund Class M
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Fund Information
Fund Type
Category
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Prospectus Objective
Inception Date
Open/Closed to New Investors
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Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
BNY Mellon Funds
Manager/Tenure
(Years)
(Years)
John F. Flahive (16), Gregory J. Conant (9)
Website
Address
BNY Mellon Funds
New York NY - 10166
New York NY - 10166
Country
United States
Phone Number
800-645-6561
Investment Strategy
The investment seeks as high a level of income exempt from federal, New York state and New York city income taxes as is consistent with the preservation of capital. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal, New York State and New York City personal income taxes. Generally, the fund's average effective portfolio maturity will be between three and ten years. The fund may invest in individual municipal and taxable bonds of any maturity or duration.