DWS New York Tax-Free Income Fund - Class C is a mutual fund that primarily seeks to deliver a high level of current income exempt from federal, New York State, and New York City personal income taxes. The fund invests at least 65% of its net assets in municipal securities and related instruments that are exempt from these taxes, making it particularly attractive for investors subject to high state and local taxation. Typical holdings include a diversified mix of municipal bonds issued by various entities within New York, spanning sectors such as education, infrastructure, and public services. With an inception date of May 1994 for this share class, the fund is managed by Deutsche Investment Management Americas Inc. and aims to serve residents seeking tax efficiency in their fixed income portfolios. This fund plays a significant role for investors seeking stable, tax-advantaged income streams within the municipal bond market, helping to fund essential public projects across the state while delivering income that is generally shielded from key local and federal taxes.
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