BNY Mellon Opportunistic Municipal Securities Fund Class Z (DMBZX)
| Fund Assets | 427.74M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | 18.17% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.41% |
| Dividend Growth | 5.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.15 |
| YTD Return | 1.30% |
| 1-Year Return | 4.50% |
| 5-Year Return | 3.33% |
| 52-Week Low | 11.14 |
| 52-Week High | 12.16 |
| Beta (5Y) | n/a |
| Holdings | 235 |
| Inception Date | Oct 14, 2004 |
About DMBZX
BNY Mellon Opportunistic Municipal Securities Fund Class Z is a mutual fund focused on maximizing current income that is exempt from federal income tax, while also preserving capital to the greatest extent possible. The fund primarily invests in a diversified portfolio of municipal bonds issued by U.S. state and local governments, which finance various public projects. Notably, up to 30% of its assets may be allocated to municipal bonds rated below investment grade, providing the potential for higher yields in exchange for increased credit risk. The fund distributes dividends on a monthly basis, offering a consistent income stream to investors. By targeting both investment grade and certain non-investment grade securities, BNY Mellon Opportunistic Municipal Securities Fund Class Z plays a significant role in the muni market, catering to investors seeking tax-advantaged income with an opportunistic approach to credit exposure.
Performance
DMBZX had a total return of 4.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.03%.
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 | $0.03663 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03741 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03234 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03802 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03332 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03684 | Aug 29, 2025 |