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Morningstar

BNY Mellon Municipal Opportunities Inv MOTIX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 12.30  /  +0.11 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    0.920%
  • Expense Ratio 1.000%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 2.88%
  • Effective Duration 6.60 years

USD | NAV as of Jun 01, 2024 | 1-Day Return as of Jun 01, 2024, 12:18 AM GMT+0

Morningstar’s Analysis MOTIX

Will MOTIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MOTIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MOTIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MOTIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

BNY Mellon Municipal Opportunities Inv boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MOTIX

More MOTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CLIFTON TEX HIGHER ED FIN CORP ED REV 6.125%

0.94 18.4 Mil
municipal

INTERMOUNTAIN PWR AGY UTAH PWR SUPPLY REV 5%

0.85 16.7 Mil
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

0.81 16.0 Mil
municipal

United States Treasury Notes 2.125%

0.76 15.0 Mil
Cash and Equivalents

AUSTIN TEX ARPT SYS REV 5%

0.68 13.4 Mil
municipal

HAMPTON RDS TRANSN ACCOUNTABILITY COMMN VA HAMPTON RDS TRANSN FD REV 4%

0.64 12.6 Mil
municipal

UNIVERSITY TEX PERM UNIV FD 5%

0.59 11.6 Mil
municipal

WASHINGTON ST 5%

0.58 11.4 Mil
municipal

ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5.25%

0.57 11.1 Mil
municipal

CHICAGO ILL BRD ED 7%

0.56 10.9 Mil
municipal