BNY Mellon AMT-Free Municipal Bond Fund (DMBIX)
| Fund Assets | 1.82B |
| Expense Ratio | 0.44% |
| Min. Investment | $1,000 |
| Turnover | 19.60% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 3.34% |
| Dividend Growth | 8.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 13.32 |
| YTD Return | 3.02% |
| 1-Year Return | 3.61% |
| 5-Year Return | 3.75% |
| 52-Week Low | 12.34 |
| 52-Week High | 13.37 |
| Beta (5Y) | 0.27 |
| Holdings | 596 |
| 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 3.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.85%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
9.41% of assets| Name | Symbol | Weight |
|---|---|---|
| PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5.25% | PA.PASTRN 5.25 12.01.2048 | 1.26% |
| JEFFERSON CNTY ALA SWR REV 5.5% | AL.JEFUTL 5.5 10.01.2053 | 1.24% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | TX.TMGUTL 01.01.2054 | 1.10% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 04.01.2054 | 0.98% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 03.01.2050 | 0.96% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 6% | NY.NYTTRN 6 06.30.2055 | 0.94% |
| MASSACHUSETTS ST DEV FIN AGY REV 5.5% | MA.MASDEV 5.5 07.01.2055 | 0.80% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 4% | OH.BUCGEN 4 06.01.2048 | 0.78% |
| PORT PORTLAND ORE ARPT REV 5.5% | OR.PTPAPT 5.5 07.01.2053 | 0.70% |
| WEST VIRGINIA ST HOSP FIN AUTH HOSP REV 5.5% | WV.WVSMED 5.5 06.01.2050 | 0.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.03576 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0421 | Oct 31, 2025 |
| 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 |