BNY Mellon Short Term Municipal Bond Fund (DIMIX)
| Fund Assets | 125.98M |
| Expense Ratio | 0.39% |
| Min. Investment | $1,000 |
| Turnover | 43.59% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.69% |
| Dividend Growth | 31.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 12.94 |
| YTD Return | 1.33% |
| 1-Year Return | 3.20% |
| 5-Year Return | 7.37% |
| 52-Week Low | 12.87 |
| 52-Week High | 13.05 |
| Beta (5Y) | 0.03 |
| Holdings | 119 |
| Inception Date | Dec 15, 2008 |
About DIMIX
BNY Mellon Short Term Municipal Bond Fund Class I is a mutual fund designed to maximize current income exempt from federal income tax while prioritizing the preservation of capital. It invests at least 80% of its net assets in investment-grade municipal bonds, which are debt securities issued by states, territories, possessions of the United States, the District of Columbia, and their political subdivisions, agencies, instrumentalities, or multistate agencies. The fund focuses on municipal bonds with remaining maturities or mandatory puts of five years or less, typically maintaining a dollar-weighted average portfolio maturity of one to three years. Its sub-adviser employs fundamental credit analysis to identify undervalued sectors and securities, actively trading among them based on relative value assessments. This short-term approach aims to provide tax-exempt income with reduced interest rate risk compared to longer-duration municipal bond funds. The Class I shares target institutional investors seeking high-quality, tax-efficient fixed income exposure in the municipal bond market.
Performance
DIMIX had a total return of 3.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.79%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03043 | Jun 30, 2026 |
| May 29, 2026 | $0.03137 | May 29, 2026 |
| Apr 30, 2026 | $0.03062 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03041 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02761 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03101 | Jan 30, 2026 |