BNY Mellon Short Term Municipal Bond Fund Class I (DIMIX)
| Fund Assets | 132.62M |
| Expense Ratio | 0.39% |
| Min. Investment | $1,000 |
| Turnover | 41.53% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.40% |
| Dividend Growth | 28.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 13.04 |
| YTD Return | 1.01% |
| 1-Year Return | 4.46% |
| 5-Year Return | 6.47% |
| 52-Week Low | 12.40 |
| 52-Week High | 13.04 |
| Beta (5Y) | n/a |
| Holdings | 112 |
| Inception Date | Dec 15, 2008 |
About DIMIX
BNY Mellon Short Term Municipal Bond Fund Class I is an open-end municipal bond mutual fund focused on **short-maturity, tax-exempt fixed income securities**. The fund primarily invests in municipal bonds with relatively short remaining maturities or mandatory put dates, aiming to limit interest rate sensitivity while providing federally tax-exempt income. Its portfolio typically holds investment-grade issues backed by state and local governments or related entities that finance public projects such as infrastructure, transportation, and essential services. By concentrating on the short end of the municipal yield curve, the fund seeks a balance between income generation and capital preservation compared with longer-duration municipal strategies. The Class I share class is structured for investors who access the fund through fee-based platforms or institutional channels, generally featuring a lower ongoing expense ratio than retail share classes. Within the broader fixed income market, BNY Mellon Short Term Municipal Bond Fund Class I plays a role as a specialized vehicle for tax-sensitive investors seeking diversified exposure to U.S. municipal credit with reduced interest rate risk relative to intermediate and long-term municipal bond funds.
Performance
DIMIX had a total return of 4.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.37%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03101 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03146 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02627 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03012 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02597 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02746 | Aug 29, 2025 |