New York Intermediate Municipal Fund - Performance

Share Class

Average Annual Total Returns

A Shares (Incep. 9/5/1997) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION
THNYX without sales charge1.41%1.68%2.05%1.84%2.59%3.57%
THNYX with sales charge-0.59%-0.32%1.38%1.43%2.38%3.48%
A Shares (Incep. 9/5/1997) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION
THNYX without sales charge1.80%2.10%2.17%1.97%2.59%3.60%
THNYX with sales charge-0.20%0.09%1.47%1.56%2.38%3.51%
A Shares without sales charge
(Incep. 9/5/1997)
ICE BofA 3-15 Yr US Muni
1998 6.04% 6.88%
1999 -0.32% -1.81%
2000 8.31% 11.10%
2001 5.26% 4.91%
2002 6.88% 11.09%
2003 3.21% 5.30%
2004 2.30% 4.06%
2005 1.68% 2.32%
2006 3.44% 4.09%
2007 3.37% 4.82%
2008 0.78% 3.01%
2009 8.71% 9.57%
2010 1.86% 3.48%
2011 9.70% 10.16%
2012 4.92% 4.88%
2013 -1.90% -0.99%
2014 5.81% 6.56%
2015 2.18% 3.16%
2016 -0.51% -0.06%
2017 2.67% 4.64%
2018 0.16% 1.45%
2019 4.56% 7.01%

Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class A Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 1.12%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 0.99%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 0.99%

Morningstar Rating

Overall Morningstar Rating among 49 Muni New York Intermediate funds, based on risk-adjusted returns for class A shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 3 stars, 3 stars and 3 stars among 49, 45 and 41 funds, as of 9/30/2020.

30-Day Yields With Sales Charge as of — Class A Shares

Annualized Distribution Yield 1.75%
SEC Yield 0.23%
Without the fee waivers and expense reimbursements described above, the Annualized Distribution yield would have been 1.62%, and the SEC yield would have been 0.09%.

Dividends and Capital Gains — Class A Shares

Dividend (paid Oct 31, 2020) $0.01984
Capital Gains (2018) None Paid

Hypothetical Growth of $10,000 as of

A Shares with sales charge
22071.45680000
Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Net Asset Value (NAV) History as of — Class A Shares

12.90000000

Additional Rating and Ranking Information

Average Annual Total Returns

I Shares (Incep. 2/1/2010) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION
TNYIX1.68%2.01%2.38%2.16%2.91%3.16%
I Shares (Incep. 2/1/2010) YTD 1-YR 3-YR 5-YR 10-YR INCEPTION
TNYIX2.05%2.43%2.49%2.30%2.92%3.22%
I Shares (Incep. 2/1/2010) ICE BofA 3-15 Yr US Muni
2011 10.05% 10.16%
2012 5.25% 4.88%
2013 -1.58% -0.99%
2014 6.15% 6.56%
2015 2.50% 3.16%
2016 -0.19% -0.06%
2017 3.00% 4.64%
2018 0.48% 1.45%
2019 4.90% 7.01%

Returns for less than one year are not annualized.
Source: Confluence

Fund Operating Expenses — Class I Shares

Gross Annual Operating Expenses (as reported in the most recent Prospectus) 0.88%
Net Annual Operating Expenses (as reported in the most recent Prospectus) 0.67%
Actual Annualized Operating Expenses (fiscal year to date, as of 9/30/2020) 0.67%

Morningstar Rating

Overall Morningstar Rating among 49 Muni New York Intermediate funds, based on risk-adjusted returns for class I shares, using a weighted average of the fund's three-, five- and ten-year ratings: respectively, 3 stars, 3 stars and 3 stars among 49, 45 and 41 funds, as of 9/30/2020.

30-Day Yields as of — Class I Shares

Annualized Distribution Yield 2.10%
SEC Yield 0.55%
Without the fee waivers and expense reimbursements described above, the Annualized Distribution yield would have been 1.88%, and the SEC yield would have been 0.33%.

Dividends and Capital Gains — Class I Shares

Dividend (paid Oct 31, 2020) $0.02335
Capital Gains (2018) None Paid

Hypothetical Growth of $10,000 as of

I Shares
24259.35380000
Returns reflect reinvestment of dividends and capital gains, if any, as well as all fees and expenses.

Prior to inception of this share class, performance is hypothetical and was calculated from actual returns of an earlier share class adjusted for the expenses of the newer share class.

Net Asset Value (NAV) History as of — Class I Shares

12.90000000

Additional Rating and Ranking Information
Important Information