BNY Mellon AMT-Free Municipal Bond benefits from experienced managers, but turnover on its underlying team, paired with a straightforward process, support a Morningstar Analyst Rating of Neutral for its cheapest shares. Its priciest share class is rated Negative.
BNY Mellon AMT-Free Municipal Bond C DMUCX
NAV / 1-Day Return
13.43
/
0.06
%
Total Assets
980.3 Mil
Adj. Expense Ratio
1.450%
Expense Ratio
1.450%
Fee Level
Average
Longest Manager Tenure
10.52
years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
1,000
Status
Open
TTM Yield
1.25%
Effective Duration
—
years
Morningstar’s Fund Analysis DMUCX
Will DMUCX 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 DMUCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DMUCX 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 DMUCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A solid team with a consistent approach, but support staff turnover remains a concern.
