Mutual Fund Insights: Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

In-depth Analysis of Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

3 months 6 months 1 year 3 year 5 year

See Morgan Stanley NY Tax-Free Income A Fund (NYFAX) performance details as of January 31, 2010

  

Last Trade: $10.87 on 3/12/2010, Change: 0.00 (0%)

  

Fund Manager - Neil Stone

Fund Manager Tenure: 2.5 years   [Similar Funds: NYFBX  NYFCX  NYFDX ]
Fundmojo Fund Grade: A (Score: 0.73)     (What does this score mean?)

Stone has been associated with the Morgan Stanley Investment Management Inc. in an investment management capacity since 1995.  Get more insights on Neil Stone

  

 What we like about Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

Data for Morgan Stanley NY Tax-Free Income A Fund (NYFAX) as of January 31, 2010

• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) has good mid-term performance (3-year return 4.46% vs 3.02% Muni New York Long category average)
• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) has good Long-term performance (5-year return 4.00% vs 3.20% Muni New York Long category average)
• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) ratio of up-years vs down years is greater than 2
• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) has an annual stock turnover rate of 9.00% vs Muni New York Long average of 27.73%. It is good that Morgan Stanley NY Tax-Free Income A management does not trade extensively for its return.
• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) is less volatile than its peers as it has a 3-year Standard Deviation of 6.03, lower than category average of 7.67
• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) has a lower management fee than its Muni New York Long average: 0.90% vs 1.06%

  

 What we are cautious about Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

Data for Morgan Stanley NY Tax-Free Income A Fund (NYFAX) as of January 31, 2010

• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) management has been with Morgan Stanley NY Tax-Free Income A Fund for only 2.5 years, it is hard to judge manager's ability based on this fund's operation record
• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) has a less-than-ideal short-term performance (1-year return 12.34% vs 13.57% Muni New York Long category average)
• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) has a Morningstar rating of 3 and below
• Morgan Stanley NY Tax-Free Income A Fund (NYFAX) carries a 4.25% load

See Morgan Stanley NY Tax-Free Income A Fund (NYFAX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Muni New York Long category?

Below are some additional Muni New York Long mutual funds generated out of our database

• See top fund managers for Muni New York Long Category Funds
• Browse other funds in Muni New York Long Category

  

Morgan Stanley NY Tax-Free Income A Fund (NYFAX) Net Asset

Track net asset change of Morgan Stanley NY Tax-Free Income A fund (NYFAX)

Date	Net Asset
01/2010	$45.63M
11/2009	$45.01M
10/2009	$45.22M

More historic net asset information on Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

  

Morgan Stanley NY Tax-Free Income A Fund (NYFAX) Portfolio Allocation

Track portfolio allocation change of Morgan Stanley NY Tax-Free Income A fund (NYFAX)

Date	Cash	Stock	Bond	Other
09/2009	0%	0%	100%	0%
06/2009	0%	0%	100%	0%
03/2009	0%	0%	100%	0%

Click here to see more historic asset allocation information on Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

  

Most Recent Top 10 Holdings in Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

Discover what Morgan Stanley NY Tax-Free Income A Fund (NYFAX) manager is buying

30-Sep-09 New York St Dorm Auth 7.375% [3.18%] New York St Dorm Auth 5.25% [3.17%] Battery Pk City Auth 5% [3.11%] Puerto Rico Comwlth Hwy & Tran Hwy 5.5% [3.03%] New York St Environmental Facs Rev Bd 5% [2.96%] New York N Y City Health & Hos Rev 5.25% [2.94%] NEW YORK N Y CITY INDL DEV AGY REV BDS [2.87%] New York St Pwr Auth 5.25% [2.86%] New York St Dorm Auth 5% [2.86%] New York St Dorm Auth 5.5% [2.84%]

30-Jun-09 New York St Dorm Auth 7.375% [3.22%] New York St Dorm Auth 5.25% [3.19%] PUERTO RICO COMWLTH INFRASTRUC SPEC OBLI [3.13%] New York N Y City Transitional 5.25% [3.07%] Battery Pk City Auth 5% [3.02%] New York N Y City Health & Hos Rev 5.25% [2.96%] New York St Environmental Facs Rev Bd 5% [2.96%] New York St Pwr Auth 5.25% [2.93%] Puerto Rico Comwlth Hwy & Tran Hwy 5.5% [2.92%] NEW YORK N Y CITY INDL DEV AGY REV BDS [2.68%]

31-Mar-09 New York St Engy Resh & Dev Gas F 8.753% [8.61%] Puerto Rico Comwlth Infrastruc Sp 5.375% [5.99%] Metropolitan Transn Auth 5.25% [4.37%] NEW YORK ST DORM AUTH REVS JUDICIAL [3.5%] New York St Dorm Auth 5.25% [3.23%] New York N Y City Transitional 5.25% [3%] Battery Pk City Auth 5% [2.96%] New York N Y City Health & Hos Rev 5.25% [2.88%] New York St Environmental Facs Rev Bd 5% [2.87%] New York St Pwr Auth 5.25% [2.87%]

Click here for Stock Holding Change Map in Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

  

Related books and products to Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

  

Latest News on Morgan Stanley NY Tax-Free Income A (NYFAX)

See what is happening with Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

Yahoo! Finance: RSS feed not found See more news on Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

 

Books and Resources

 

 

See more information on Morgan Stanley NY Tax-Free Income A Fund (NYFAX)

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