Mutual Fund Insights: DWS New York Tax-Free Income A Fund (KNTAX)

In-depth Analysis of DWS New York Tax-Free Income A Fund (KNTAX)

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See DWS New York Tax-Free Income A Fund (KNTAX) performance details as of February 28, 2010

  

Last Trade: $10.71 on 3/19/2010, Change: +0.01 (0.09%)

  

Fund Manager - Ashton P. Goodfield

Fund Manager Tenure: 11.0 years   [Similar Funds: KNTBX  KNTCX ]
Fundmojo Fund Grade: B (Score: 0.69)     (What does this score mean?)

Ashton P. Goodfield is the head of Municipal Bond trading; co-lead portfolio manager for DWS Managed Municipal Bond Fund, DWS Short Term Municipal Bond Fund, DWS New Tax Free Income Fund and DWS Intermediate Tax / AMT Free Fund: Boston. Joined the Company in 1986, Ashton P. Goodfield managed municipal assets for individuals, insurance companies and other institutions as well as for mutual funds; served on the Finance Advisory Board of the Commonwealth of Massachusetts from 1990 to 2000 Goodfiled is a CFA charter holder.  Get more insights on Ashton P. Goodfield

  

 What we like about DWS New York Tax-Free Income A Fund (KNTAX)

Data for DWS New York Tax-Free Income A Fund (KNTAX) as of February 28, 2010

• DWS New York Tax-Free Income A Fund (KNTAX) management has been with DWS New York Tax-Free Income A Fund for 11.0 years
• DWS New York Tax-Free Income A Fund (KNTAX) has good mid-term performance (3-year return 4.06% vs 2.93 % Muni New York Long category average)
• DWS New York Tax-Free Income A Fund (KNTAX) has good Long-term performance (5-year return 3.93% vs 3.44 % Muni New York Long category average)
• DWS New York Tax-Free Income A Fund (KNTAX) ratio of up-years vs down years is greater than 2
• DWS New York Tax-Free Income A Fund (KNTAX) is less volatile than its peers as it has a 3-year Standard Deviation of 7.09, lower than category average of 7.66
• DWS New York Tax-Free Income A Fund (KNTAX) has a lower management fee than its Muni New York Long average: 0.86% vs 1.07%

  

 What we are cautious about DWS New York Tax-Free Income A Fund (KNTAX)

Data for DWS New York Tax-Free Income A Fund (KNTAX) as of February 28, 2010

• DWS New York Tax-Free Income A Fund (KNTAX) has a less-than-ideal short-term performance (1-year return 12.06% vs 13.25 % Muni New York Long category average)
• DWS New York Tax-Free Income A Fund (KNTAX) has a Morningstar rating of 3 and below
• DWS New York Tax-Free Income A Fund (KNTAX) has an annual stock turnover rate of 62.00% that is higher than the Muni New York Long average of 26.62%. This could mean DWS New York Tax-Free Income A is more nimble, but also signal potential high tax impact and high trading fees
• DWS New York Tax-Free Income A Fund (KNTAX) carries a 2.75% load

See DWS New York Tax-Free Income A Fund (KNTAX) performance details as of February 28, 2010

  

  

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DWS New York Tax-Free Income A Fund (KNTAX) Net Asset

Track net asset change of DWS New York Tax-Free Income A fund (KNTAX)

Date	Net Asset
02/2010	$351.31M
01/2010	$122.66M
11/2009	$121.39M

More historic net asset information on DWS New York Tax-Free Income A Fund (KNTAX)

  

DWS New York Tax-Free Income A Fund (KNTAX) Portfolio Allocation

Track portfolio allocation change of DWS New York Tax-Free Income A fund (KNTAX)

Date	Cash	Stock	Bond	Other
09/2009	0.08%	0%	99.92%	0%
03/2009	0.61%	0%	99.39%	0%
12/2008	0.64%	0%	99.36%	0%

Click here to see more historic asset allocation information on DWS New York Tax-Free Income A Fund (KNTAX)

  

Most Recent Top 10 Holdings in DWS New York Tax-Free Income A Fund (KNTAX)

Discover what DWS New York Tax-Free Income A Fund (KNTAX) manager is buying

30-Sep-09 New York St Twy Auth 5% [3.56%] Port Auth 5% [3.34%] Niagara Falls N Y Brdg Commn T Tol 5.25% [3.15%] Long Island Pwr Auth [3.11%] Triborough Brdg & Tunl Auth 6.125% [3.03%] Puerto Rico Elec Pwr Auth [2.46%] Puerto Rico Comwlth Pub Impt 5.5% [2.35%] Tobacco Settlement Fing Corp N Asse 5.5% [2.1%] Puerto Rico Comwlth Pub Impt 5.5% [2.08%] Port Auth 5% [2.01%]

31-Mar-09 Niagara Falls N Y Brdg Commn T Tol 5.25% [4.02%] New York St Twy Auth 5% [3.72%] Port Auth 5% [3.3%] Long Island Pwr Auth [3.3%] Triborough Brdg & Tunl Auth 6.125% [3.1%] Puerto Rico Comwlth Pub Impt 5.5% [2.28%] Tobacco Settlement Fing Corp N Asse 5.5% [2.19%] Port Auth 5% [2.1%] Puerto Rico Comwlth Pub Impt 5.5% [2.01%] NEW YORK ST TWY AUTH HWY & BRD DRIVERS-S [2%]

31-Dec-08 NIAGARA FALLS N Y BRDG COMMN T TOLL BRID [4.15%] New York St Twy Auth 5% [3.83%] Long Island Pwr Auth [3.36%] Triborough Brdg & Tunl Auth 6.125% [3.21%] Port Auth 5% [3.19%] Libor Swap 16yr 20231118 S02111823 [2.65%] Libor Swap 20yr Fx Jpm 29sep27 5.555pct [2.32%] Triborough Brdg & Tunl Auth 5% [2.29%] Tobacco Settlement Fing 5.5% [2.26%] Puerto Rico Comwlth Pub Impt 5.5% [2.19%]

Click here for Stock Holding Change Map in DWS New York Tax-Free Income A Fund (KNTAX)

  

Related books and products to DWS New York Tax-Free Income A Fund (KNTAX)

  

Latest News on DWS New York Tax-Free Income A (KNTAX)

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See more information on DWS New York Tax-Free Income A Fund (KNTAX)

• DWS New York Tax-Free Income A Fund Insights
• DWS New York Tax-Free Income A Fund Performance Data
• DWS New York Tax-Free Income A Fund News
• DWS New York Tax-Free Income A Fund Score Explaination
• DWS New York Tax-Free Income A Fund Manager Information
• Historic DWS New York Tax-Free Income A Fund Asset Allocation Report
• Historic DWS New York Tax-Free Income A Fund Top 10 Holding Tracking
• Historic DWS New York Tax-Free Income A Fund Asset Under Management Tracking