| No headlines available for PNYAX. |
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| Morningstar Overall Rating: |
 |
| Total Assets: |
21.79M |
| Category: |
Muni New York Interm/Short |
| Total Expense Ratio: |
0.83% |
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| PERFORMANCE & RISK | 31-Dec-07
| YTD Return: |
2.24% |
| 5y Avg Return: |
3.43% |
| Rank in Category (ytd): |
16 |
| % Rank in Category (ytd): |
24.24% |
| Beta (3y): |
0.87 |
| Morningstar Risk Rating: |
Average |
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| The investment seeks high current income. The fund normally invests at least 80% of assets in municipal bonds exempt from federal income tax and 65% of assets in municipal bonds exempt from federal and New York income tax. The fund invests primarily in investment grade debt securities, but may invest up to 10% of assets in high yield bonds rated B or higher. The average portfolio duration of the fund varies within a three to twelve year time frame depending on the advisor's forecast for interest rates. |
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| Fund Profile |
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