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Morningstar

BNY Mellon CA AMT-Free Municipal Bond C DCACX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 13.38  /  −0.07 %
  • Total Assets 586.8 Mil
  • Adj. Expense Ratio
    1.570%
  • Expense Ratio 1.660%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.69%
  • Effective Duration —

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:49 PM GMT+0

Morningstar’s Analysis DCACX

Will DCACX 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 DCACX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DCACX 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 DCACX’s parent organization’s priorities and whether they’re in line with investors’ interests.

BNY Mellon CA AMT-Free Municipal Bond C's Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DCACX

More DCACX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOS ANGELES CALIF DEPT ARPTS REV 5%

3.11 18.3 Mil
municipal

PALOMAR CALIF CMNTY COLLEGE DIST 0%

2.62 15.4 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

1.97 11.6 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

1.83 10.8 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5%

1.82 10.7 Mil
municipal

SOUTH SAN FRANCISCO CALIF UNI SCH DIST 4%

1.68 9.9 Mil
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%

1.51 8.9 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.50 8.8 Mil
municipal

ALLAN HANCOCK CALIF JT CMNTY COLLEGE DIST 0%

1.41 8.3 Mil
municipal

CALIFORNIA MUN FIN AUTH REV 5%

1.40 8.2 Mil
municipal