Veteran management is a plus for BNY Mellon AMT-Free Municipal Bond, but the supporting analyst team is compact and its approach hasn’t proved its edge.
BNY Mellon AMT-Free Municipal Bond I DMBIX
- NAV / 1-Day Return 13.40 / +0.10 %
- 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 2.97%
- Effective Duration —
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 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 9.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
TOBACCO SETTLEMENT FING CORP N J 5% | 1.25 | 24.7 Mil | municipal |
SOUTH CAROLINA ST PUB SVCS AUTH REV 5.125% | 1.19 | 23.5 Mil | municipal |
PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5.25% | 1.16 | 22.8 Mil | municipal |
GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV 5% | 1.03 | 20.3 Mil | municipal |
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | 0.93 | 18.2 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | 0.87 | 17.2 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 0.87 | 17.0 Mil | municipal |
PHILADELPHIA PA SCH DIST 5% | 0.79 | 15.6 Mil | municipal |
JEFFERSON CNTY ALA SWR REV 5.5% | 0.76 | 14.9 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 4% | 0.75 | 14.8 Mil | municipal |