Value Line NY Tax-Exempt
220 East 42 Street New York NY 10017
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Phone: 800-243-2729
| Category: | Muni New York Long | | Fund Family: | Value Line | | Net Assets: | 17.61M | | Year-to-Date Return: | 8.07% | | Yield: | 3.53% | | Morningstar Rating: |  | | Fund Inception Date: | 02-Jul-87 |
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Jeffrey Geffen
Lead Manager since
02-Nov-09 | | | Geffen has been a portfolio manager with Value Line, his employer since 2001. Prior to joining the company, he was vice president of investments at Morgan Stanley Dean Witter Advisors from 1989-2001. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $1,000 | | Min Subsequent Investment: | $250 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $25 |
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| The investment seeks to provide New York taxpayers with the maximum income exempt from New York State, New York City and federal income taxes while avoiding undue risk to principal. The fund invests at least 80% assets in securities the interest income of which is exempt from both regular federal income tax and New York State and City personal income taxes. It invests primarily in investment grade New York municipal securities having a maturity of more than one year. It is nondiversified. |
| Last Dividend
(30-Oct-09):
| 0.03 | | Last Cap Gain
(20-Nov-07):
| 0.01 | | Annual Holdings Turnover
| 90.00% | | Average for Category:
| 26.01% |
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| Expense | VLNYX | Category
Avg | | Total Expense Ratio: | 0.84%
| 1.04% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | %
| 4.27% | | Max Deferred Sales Load: | %
| 2.67% | | 3 Yr Expense Projection*: |
$ 368 | $589 | | 5 Yr Expense Projection*: |
$ 673 | $853 | | 10 Yr Expense Projection*: |
$ 1,537 | $1,584 |
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1.48% Nasdaq 0.00%
0.01 (0.11%) 
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