BNY Mellon High Yield Municipal Bond Fund - Class Z (DHMBX)
| Fund Assets | 171.35M |
| Expense Ratio | 0.96% |
| Min. Investment | $1,000 |
| Turnover | 16.77% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.05% |
| Dividend Growth | 0.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.57 |
| YTD Return | 0.56% |
| 1-Year Return | 2.90% |
| 5-Year Return | -1.05% |
| 52-Week Low | 10.01 |
| 52-Week High | 10.82 |
| Beta (5Y) | n/a |
| Holdings | 141 |
| Inception Date | Sep 30, 2005 |
About DHMBX
BNY Mellon High Yield Municipal Bond Fund Class Z is an open-ended mutual fund specializing in U.S. municipal bonds with a focus on generating high current income that is exempt from federal income tax. The fund primarily invests in high-yield, or lower-rated, municipal securities issued by state and local governments across the United States. Its portfolio is heavily weighted toward bonds, typically allocating over 97% of assets to this category, with a minor allocation to cash holdings. This investment approach seeks to deliver capital preservation and appreciation as a secondary objective, aiming to cater to income-oriented investors seeking tax-advantaged returns. By targeting the high-yield municipal segment, the fund plays a significant role in providing financing to public infrastructure and community projects while offering investors exposure to potentially higher yields than those offered by investment-grade municipal bond funds. Managed by BNY Mellon Investment Adviser, Inc., this fund appeals to those looking for diversification within the municipal bond market and tax-exempt income streams.
Performance
DHMBX had a total return of 2.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.53%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03499 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03295 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03743 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03776 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03281 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03864 | Oct 31, 2025 |