Morningstar

BNY Mellon High Yield Municipal Bond Fund - Class Z DHMBX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 10.64  /  +0.28 %
  • Total Assets 176.8M
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.960%
  • 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 4.15%
  • Effective Duration —

USD | NAV as of Aug 08, 2026 | 1-Day Return as of Aug 08, 2026, 12:11 AM GMT+0

Morningstar’s Analysis DHMBX

Will DHMBX outperform in the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

BNY Mellon High Yield Municipal Bond - Z holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings DHMBX

More DHMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEW YORK CONVENTION CTR DEV CORP N Y REV

3.03 5M
municipal

PUERTO RICO COMWLTH 4%

2.27 4M
municipal

NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 4%

2.00 3M
municipal

WASHINGTON ST CONVENTION CTR PUB FACS DIST 4%

1.96 3M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

1.84 3M
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.73 3M
municipal

DOMINION WTR & SANTN DIST COLO REV 5.875%

1.63 3M
municipal

DETROIT MICH DOWNTOWN DEV AUTH TAX INCREMENT REV 5%

1.33 2M
municipal

MARICOPA CNTY ARIZ INDL DEV AUTH ED REV 6%

1.32 2M
municipal

ST LOUIS MO INDL DEV AUTH FING REV 4.75%

1.23 2M
municipal

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