BNY Mellon AMT-Free Municipal Bond’s undistinctive approach, coupled with recent team turnover, support a Morningstar Medalist Rating of Neutral for its cheapest shares; its priciest share class is rated Negative.
BNY Mellon AMT-Free Municipal Bond I DMBIX
- NAV / 1-Day Return 13.39 / −0.07 %
- Total Assets 2.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.450%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.87%
- Effective Duration —
USD | NAV as of Mar 18, 2024 | 1-Day Return as of Mar 18, 2024, 10:14 PM GMT+0
Morningstar’s Analysis DMBIX
Will DMBIX 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 8.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
TOBACCO SETTLEMENT FING CORP N J 5% | 1.24 | 13.9 Mil | municipal |
SOUTH CAROLINA ST PORTS AUTH PORTS REV 5% | 0.98 | 11.0 Mil | municipal |
GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV 5% | 0.91 | 10.2 Mil | municipal |
PHILADELPHIA PA SCH DIST 5% | 0.90 | 10.1 Mil | municipal |
LANCASTER CNTY PA HOSP AUTH REV 5% | 0.84 | 9.4 Mil | municipal |
ARIZONA INDL DEV AUTH NATL CHARTER SCH REVOLVING LN FD REV 4% | 0.81 | 9.0 Mil | municipal |
PUERTO RICO COMWLTH 5.625% | 0.79 | 8.9 Mil | municipal |
MONTGOMERY CNTY PA INDL DEV AUTH RETIREMENT CMNTY REV 5% | 0.75 | 8.4 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 0.72 | 8.1 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 0.72 | 8.0 Mil | municipal |