Morningstar

BNY Mellon California Municipal Bond Fund, Inc. - Class Z DRCAX

Morningstar Medalist Rating
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Medalist Rating as of See BNY Mellon Investment Hub
  • NAV / 1-Day Return $12.69  /  +0.55 %
  • Fund Size $462.2M
  • Adjusted Expense Ratio 0.630%
  • Net Expense Ratio 0.660%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Muni California Long
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $1,000
  • Investment Status Limited
  • TTM Yield 3.18%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis DRCAX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

BNY Mellon CA AMT-Free Municipal Bond Z holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings DRCAX

More DRCAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOS ANGELES CALIF DEPT ARPTS ARPT REV 5%

2.50 12M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

2.34 12M
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.74 9M
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5%

1.68 8M
municipal

FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0%

1.49 7M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.44 7M
municipal

HESPERIA CALIF CMNTY REDEV AGY SUCCESSOR AGY TAX ALLOCATION 5%

1.44 7M
municipal

PALOMAR CALIF CMNTY COLLEGE DIST 0%

1.29 6M
municipal

LOS ANGELES CALIF DEPT ARPTS ARPT REV 5%

1.29 6M
municipal

SACRAMENTO CNTY CALIF ARPT SYS REV 5%

1.28 6M
municipal

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