SNYYX

About SNYYX

STET New York Municipal Bond Fund is a mutual fund that specializes in investing in municipal bonds issued by various entities within the state of New York. Its primary function is to provide investors with a source of tax-advantaged income, as interest payments from these bonds are generally exempt from federal and New York state income taxes. The fund predominantly allocates assets to bonds supporting public projects such as infrastructure, education, and transportation initiatives across the state. Operating as an actively managed fund, it seeks to maintain a diversified portfolio of investment-grade municipal securities, emphasizing both income generation and preservation of capital. With a significant portion of its holdings in New York municipal obligations, the fund plays a notable role for investors seeking exposure to the region's municipal debt market while aiming for tax efficiency and moderate risk. The fund’s structure and focus support financing key public services in New York, contributing to the development and operation of essential local government functions.