Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
BNY Mellon Corporate Bond Investor BYMIX
- NAV / 1-Day Return 11.89 / +0.17 %
- Total Assets 423.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.830%
- Distribution Fee Level High
- Share Class Type No Load
- Category Corporate Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 3.58%
- Effective Duration 4.38 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis BYMIX
Will BYMIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dreyfus Instl Preferred Gov Plus MMkt | 2.94 | 12.7 Mil | Cash and Equivalents |
United Air Lines, Inc. 3.1% | 1.25 | 5.4 Mil | Securitized |
M&T Bank Corporation 5% | 1.12 | 4.8 Mil | Corporate |
Deutsche Bank AG New York Branch 4.875% | 1.09 | 4.7 Mil | Corporate |
Ares Capital Corp. 2.875% | 1.03 | 4.5 Mil | Corporate |
Citizens Financial Group Inc 3.75% | 1.03 | 4.4 Mil | Corporate |
Blackstone Secured Lending Fund 2.85% | 1.02 | 4.4 Mil | Corporate |
UBS Group AG 2.593% | 0.97 | 4.2 Mil | Corporate |
JPMorgan Chase & Co. 5% | 0.92 | 4.0 Mil | Corporate |
DETROIT MICH 4% | 0.92 | 4.0 Mil | municipal |