These Are The Top Ten New York Muni Intermediate Funds
Investing in municipal debt is a good way to earn a decent return and reduce investment risk. Moreover, income from these bonds is generally free from federal and state taxes. Investing in a portfolio of such securities is a better option as it helps to stabilize the return and further diversify risk. If you are in New York, then investing in New York muni intermediate funds will bring you all the above benefits. Such funds usually invest at least 80% of their assets in New York municipal debt with durations of less than seven years. Let’s take a look at the top 10 New York muni intermediate f...