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Dreyfus Investment Funds Tax Sensitive Total Return Bond Fd I: (MF: SDITX)

(NASDAQ Mutual Funds) As of May 3, 2019 08:15 PM ET

$23.08 USD

-0.01 (-0.04%)

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2 Buy
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Fund Description

The fund was incepted in November 1992 and is managed by Standish Mellon Asset Management Company LLC. The fund seeks to provide a high level of interest income exempt from federal income taxes, while seeking preservation capital, through investment in investment grade intermediate-term municipal securities. The fund normally invests at least 80% of assets in tax-exempt municipal securities. The average-weighted portfolio maturity typically ranges between three and 10 years. The fund is non-diversified. The fund is designed for institutional investors. The fund declares its dividends daily and pays them monthly. Capital gains, if any, are distributed annually.