BNY Mellon AMT-Free Municipal Bond Fund - Class A (DMUAX)
| Fund Assets | 1.82B |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000 |
| Turnover | 19.60% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.10% |
| Dividend Growth | 12.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 13.46 |
| YTD Return | 2.63% |
| 1-Year Return | 7.50% |
| 5-Year Return | 4.05% |
| 52-Week Low | 12.73 |
| 52-Week High | 13.53 |
| Beta (5Y) | 0.05 |
| Holdings | 581 |
| Inception Date | Mar 31, 2003 |
About DMUAX
BNY Mellon AMT-Free Municipal Bond Fund Class A is an open-end mutual fund specializing in municipal bonds. Its primary objective is to deliver a high level of current income that is exempt from federal income tax, including exemption from the federal alternative minimum tax. The fund typically invests at least 80% of its assets in municipal bonds issued by U.S. states, territories, and their various governmental entities, focusing on those rated A or better or their unrated equivalents, with up to 35% allowed in lower-rated or high-yield bonds. Emphasizing credit quality and sector diversification, the fund's portfolio is managed using fundamental credit analysis aimed at identifying undervalued securities and sectors while maintaining a long average maturity, often exceeding ten years. This strategy supports investors seeking tax-advantaged fixed income exposure, making the fund a significant option for individuals looking to preserve capital and generate tax-free income in the municipal bond market.
Performance
DMUAX had a total return of 7.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.28%.
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 | $0.03686 | Jun 30, 2026 |
| May 29, 2026 | $0.03809 | May 29, 2026 |
| Apr 30, 2026 | $0.03625 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03647 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03378 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03758 | Jan 30, 2026 |