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Morningstar

BNY Mellon Municipal Opportunities Inv MOTIX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 12.17  /  0.09 %
  • Total Assets 1.9 Bil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 2.99%
  • Effective Duration 6.75 years

USD | NAV as of Jun 02, 2023 | 1-Day Return as of Jun 02, 2023, 10:16 PM GMT+0

Morningstar’s Analysis MOTIX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

BNY Mellon Municipal Opportunities Inv's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MOTIX

More MOTIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 682
  • Other Holdings 2
  • % Assets in Top 10 Holdings 7.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CLIFTON TEX HIGHER ED FIN CORP ED REV 6.125%

1.01
18,094,925
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%

0.85
15,206,310
municipal

UNIVERSITY CALIF REVS 4%

0.83
14,764,456
municipal

HAMPTON RDS TRANSN ACCOUNTABILITY COMMN VA HAMPTON RDS TRANSN FD REV 4%

0.70
12,574,006
municipal

UNIVERSITY TEX PERM UNIV FD 5%

0.66
11,812,738
municipal

WASHINGTON ST 5%

0.64
11,454,794
municipal

INDIANA ST FIN AUTH ENVIRONMENTAL REV 3.85%

0.61
10,900,000
municipal

TEXAS NAT GAS SECURITIZATION FIN CORP REV 0.0001%

0.61
10,896,835
municipal

CHICAGO ILL BRD ED 7%

0.61
10,888,845
municipal

TEXAS NAT GAS SECURITIZATION FIN CORP REV 5.102%

0.59
10,508,779
municipal