BNY Mellon California AMT-Free Municipal Bond Fund, Inc. - Class A (DCAAX)
| Fund Assets | 625.96M |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.54% |
| Dividend Growth | 3.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 13.12 |
| YTD Return | -2.26% |
| 1-Year Return | 0.55% |
| 5-Year Return | 0.02% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 181 |
| Inception Date | Oct 21, 2004 |
About DCAAX
The Fund's investment strategy focuses on CA Municipal Debt with 0.93% total expense ratio. The minimum amount to invest in BNY Mellon California AMT-Free Municipal Bond Fund, Inc; Class A Shs is $1,000 on a standard taxable account. BNY Mellon California AMT-Free Municipal Bond Fund, Inc; Class A Shs seeks as high a level of current income exempt from federal and California state income taxes as is consistent with the preservation of capital. DCAAX normally invests substantially all of its assets in municipal bonds that provide income exempt from federal and California state personal income taxes.
Performance
DCAAX had a total return of 0.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.58%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCMAX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class A | 0.76% |
| FCTFX | Fidelity | Fidelity California Municipal Income Fund | 0.43% |
| FIJBX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class Z | 0.40% |
| FCMQX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class I | 0.53% |
| FCMTX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class M | 0.67% |
Top 10 Holdings
20.22% of assets| Name | Symbol | Weight |
|---|---|---|
| LOS ANGELES CALIF DEPT ARPTS REV 5% | n/a | 3.32% |
| PALOMAR CALIF CMNTY COLLEGE DIST 0% | n/a | 2.82% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | n/a | 2.15% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | n/a | 1.99% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5% | n/a | 1.97% |
| SOUTH SAN FRANCISCO CALIF UNI SCH DIST 4% | n/a | 1.79% |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% | n/a | 1.61% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | n/a | 1.61% |
| ALLAN HANCOCK CALIF JT CMNTY COLLEGE DIST 0% | n/a | 1.53% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | n/a | 1.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.02842 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02774 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03154 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03055 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03021 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02952 | Oct 31, 2024 |