Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be less or higher than the figures shown. Investment return on principal value will fluctuate so that upon redemption, shares may be worth more or less than their original cost.
1. Average annual total returns shown at NAV assume dividends and capital gains are reinvested.
2. The Barclays Municipal Bond Index includes approximately 15,000 municipal bonds rated Baa or better by Moody's, with a maturity of at least two years. Bond subject to the Alternative Minimum Tax or with floating or zero coupons are excluded. The Barclays Municipal Bond Index is the Fund's broad-based securities market index for comparison purposes. Total returns assume the reinvestment of all dividends and capital gains. An investment cannot be made directly into an index.
*Premium/Discount is the % difference between the Market price and the NAV price. When the Market price exceeds the NAV, the Fund is trading at a Premium. When the Market price is less than the NAV, the Fund is trading at a Discount.
There are risks inherent in any investment, including market risk, interest rate risk, credit risk and the possible loss of principal. There can be no assurance that the Fund’s investment objectives will be achieved. Shares of closed-end funds frequently trade at a discount from their net asset value, which may increase investor risk.
For more information about this Fund, please call 855-456-9683.
New York Life Investments is a service mark and name under which New York Life Investment Management LLC does business. New York Life Investments, an indirect subsidiary of New York Life Insurance Company, New York, New York 10010, provides investment advisory products and services.