Morningstar

BNY Mellon AMT-Free Municipal Bond Fund - Class I DMBIX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See BNY Mellon Investment Hub
  • NAV / 1-Day Return $12.85  /  +0.23 %
  • Fund Size $1.7B
  • Adjusted Expense Ratio 0.430%
  • Net Expense Ratio 0.430%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Muni National Interm
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.81%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis DMBIX

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

  • People Pillar

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

Risk on.

Associate Analyst Rafael Ramirez

Rafael Ramirez

Associate Analyst

Summary

Insight BNY Mellon AMT-Free’s new management, combined with its greater appetite for risk, warrants caution.

by Rafael Ramirez
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings DMBIX

More DMBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 2.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

2.24 35M
municipal

PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5.25%

1.40 22M
municipal

JEFFERSON CNTY ALA SWR REV 5.5%

1.33 21M
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%

1.16 18M
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%

1.04 16M
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 6%

1.02 16M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5.5%

0.88 14M
municipal

INDIANA ST FIN AUTH REV 5%

0.86 13M
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 4%

0.85 13M
municipal

PORT PORTLAND ORE ARPT REV 5.5%

0.76 12M
municipal

Sponsor Center