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Morningstar

BNY Mellon AMT-Free Municipal Bond A DMUAX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 13.39  /  +0.02 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.73%
  • 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 DMUAX

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

  • People Pillar

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

Hasn't proved its edge.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

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.

by Elizabeth Foos
Rated on Published on

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Portfolio Holdings DMUAX

More DMUAX Holdings
  • 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