BNY Mellon AMT-Free Municipal Bond Fund (DMBIX)
| Fund Assets | 1.83B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000 |
| Turnover | 16.51% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.29% |
| Dividend Growth | 8.00% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 13.28 |
| YTD Return | 0.83% |
| 1-Year Return | 1.12% |
| 5-Year Return | 2.43% |
| 52-Week Low | 12.63 |
| 52-Week High | 13.59 |
| Beta (5Y) | 0.26 |
| Holdings | 603 |
| Inception Date | Dec 15, 2008 |
About DMBIX
BNY Mellon AMT-Free Municipal Bond Fund – Class I is an open-end municipal bond mutual fund designed to deliver federally tax-exempt income while preserving capital. The fund primarily holds investment-grade municipal securities, investing at least a majority of assets in bonds rated A or higher or comparable unrated issues, and seeks to avoid exposure that would trigger the federal alternative minimum tax. It focuses on the national intermediate-term muni market, providing diversified exposure across state and local issuers that finance public-purpose projects such as transportation, utilities, education, and healthcare. Managed within a disciplined credit and duration framework, the portfolio emphasizes high-quality issuers to support stability of income and principal. The fund distributes income monthly and maintains a broad holdings base to mitigate issuer-specific risk. With a long operating history since 2008 and a competitive expense profile for its share class, BNY Mellon AMT-Free Municipal Bond Fund – Class I serves as a core tax-exempt fixed income allocation for investors seeking steady, federally tax-exempt cash flows and diversified municipal market exposure.
Performance
DMBIX had a total return of 1.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.07%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
9.37% of assets| Name | Symbol | Weight |
|---|---|---|
| PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5.25% | PA.PASTRN 5.25 12.01.2048 | 1.28% |
| JEFFERSON CNTY ALA SWR REV 5.5% | AL.JEFUTL 5.5 10.01.2053 | 1.25% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | TX.TMGUTL 01.01.2054 | 1.11% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 04.01.2054 | 1.00% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 03.01.2050 | 1.00% |
| MASSACHUSETTS ST DEV FIN AGY REV 5.5% | MA.MASDEV 5.5 07.01.2055 | 0.81% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 4% | OH.BUCGEN 4 06.01.2048 | 0.76% |
| MICHIGAN ST TRUNK LINE 4% | MI.MISTRN 4 11.15.2046 | 0.74% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 6% | NY.NYTTRN 6 06.30.2055 | 0.70% |
| PORT PORTLAND ORE ARPT REV 5.5% | OR.PTPAPT 5.5 07.01.2053 | 0.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03731 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04089 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03959 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03494 | Jun 30, 2025 |
| May 30, 2025 | $0.03813 | May 30, 2025 |
| Apr 30, 2025 | $0.0357 | Apr 30, 2025 |