The JPMorgan New York Tax Free Bond Fund A (VANTX) is a mutual fund that focuses on investing in tax-exempt bonds issued by the state of New York. This fund aims to provide investors with a steady stream of tax-free income while also preserving the capital invested. It is managed by JPMorgan Asset Management and primarily invests in high-quality municipal bonds issued by New York state and its local governments. This fund may be a suitable option for investors looking for tax-efficient income and a lower risk investment option.