BNY Mellon Opportunistic Municipal Securities Fund Class Z (DMBZX)
| Fund Assets | 432.52M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | 18.17% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 3.52% |
| Dividend Growth | 7.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 12.15 |
| YTD Return | 2.38% |
| 1-Year Return | 7.16% |
| 5-Year Return | 3.78% |
| 52-Week Low | 11.52 |
| 52-Week High | 12.22 |
| Beta (5Y) | 0.06 |
| Holdings | 241 |
| 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 7.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.18%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03599 | Jun 30, 2026 |
| May 29, 2026 | $0.03712 | May 29, 2026 |
| Apr 30, 2026 | $0.03576 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0358 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03265 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03663 | Jan 30, 2026 |