BNY Mellon Opportunistic Municipal Securities Fund Class C (DMBCX)
| Fund Assets | 427.74M |
| Expense Ratio | 1.51% |
| Min. Investment | $1,000 |
| Turnover | 18.17% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.59% |
| Dividend Growth | 9.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.18 |
| YTD Return | 1.15% |
| 1-Year Return | 3.54% |
| 5-Year Return | -0.98% |
| 52-Week Low | 11.23 |
| 52-Week High | 12.18 |
| Beta (5Y) | n/a |
| Holdings | 235 |
| Inception Date | Jul 13, 1995 |
About DMBCX
The BNY Mellon Opportunistic Municipal Securities Fund Class C is a fixed income mutual fund that primarily invests in municipal bonds issued by state and local governments across the United States. Its main objective is to maximize current income that is exempt from federal income tax while focusing on the preservation of capital. The fund targets the municipal bond sector, seeking to identify opportunities in various segments of the municipal market, including both investment-grade and, at times, higher-yield municipal securities. By benchmarking its performance against the Barclays Municipal Bond Index, the fund provides investors access to a diversified pool of municipal debt instruments used to finance public projects such as infrastructure, schools, and utilities. This portfolio plays a significant role for investors seeking federally tax-exempt income, contributing to both individual and institutional fixed-income strategies. While designed for income generation and downside risk management, the fund’s yield and risk-return profile can vary in comparison to peers in the muni national long category, depending on interest rates and market conditions.
Performance
DMBCX had a total return of 3.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.05%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02809 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02862 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02464 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02895 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0255 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02833 | Aug 29, 2025 |