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Morningstar

BNY Mellon High Yield Municipal Bond - Z DHMBX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 10.69  /  −0.45 %
  • Total Assets 238.9 Mil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.900%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 3.80%
  • Effective Duration —

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:09 AM GMT+0

Morningstar’s Analysis DHMBX

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

  • People Pillar

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

Strength in BNY Mellon High Yield Municipal Bond-Z's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DHMBX

More DHMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET BACKED REV

1.89 4.6 Mil
municipal

NEW YORK CONVENTION CTR DEV CORP N Y REV

1.84 4.5 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.83 4.5 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

1.79 4.4 Mil
municipal

VIRGINIA SMALL BUSINESS FING AUTH REV 4%

1.71 4.2 Mil
municipal

METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 4%

1.58 3.9 Mil
municipal

WASHINGTON ST CONVENTION CTR PUB FACS DIST 4%

1.48 3.6 Mil
municipal

NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 4%

1.39 3.4 Mil
municipal

CALIFORNIA MUN FIN AUTH STUDENT HSG REV 4%

1.38 3.4 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV

1.15 2.8 Mil
municipal