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Morningstar

BNY Mellon NY AMT-Free Municipal Bond I DNYIX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 13.60  /  0.05 %
  • Total Assets 237.4 Mil
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.550%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni New York Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.81%
  • Effective Duration —

USD | NAV as of Jan 30, 2023 | 1-Day Return as of Jan 30, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis DNYIX

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

People Pillar

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

Summary

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BNY Mellon NY AMT-Free Municipal Bond I's Average People Pillar and Process Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

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