BNY Mellon AMT-Free Municipal Bond Fund (DMUCX)
| Fund Assets | 1.79B |
| Expense Ratio | 1.45% |
| Min. Investment | $1,000 |
| Turnover | 16.51% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.24% |
| Dividend Growth | 10.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 13.22 |
| YTD Return | -0.03% |
| 1-Year Return | -0.48% |
| 5-Year Return | -2.60% |
| 52-Week Low | 12.63 |
| 52-Week High | 13.60 |
| Beta (5Y) | n/a |
| Holdings | 611 |
| Inception Date | Mar 31, 2003 |
About DMUCX
BNY Mellon AMT-Free Municipal Bond Fund Class C is a mutual fund focused on providing income that is exempt from federal income tax and the federal alternative minimum tax. The fund primarily invests in a diversified portfolio of municipal bonds issued by various state and local governments, which are used to finance public projects such as schools, transportation infrastructure, and utilities. Targeting the muni national intermediate category, it typically maintains a portfolio duration of 4 to 6 years and includes bonds with average maturities ranging from five to twelve years. The fund seeks to lower risk by diversifying across many states and municipal sectors. With assets totaling approximately $1.2 billion and a minimum investment requirement of $1,000, the fund distributes income monthly. It is managed with the objective of preserving investor capital while generating tax-advantaged income. The performance history of this fund has seen periods of both positive and negative returns, reflecting sensitivities to interest-rate changes and broader municipal bond market conditions. BNY Mellon AMT-Free Municipal Bond Fund Class C plays a significant role for investors seeking federally tax-exempt income and broad municipal market exposure within their fixed income allocation.
Performance
DMUCX had a total return of -0.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.38%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
9.11% of assets| Name | Symbol | Weight |
|---|---|---|
| PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5.25% | PA.PASTRN 5.25 12.01.2048 | 1.27% |
| 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 | 1.09% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 04.01.2054 | 0.99% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 03.01.2050 | 0.99% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 4% | OH.BUCGEN 4 06.01.2048 | 0.75% |
| 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 | 0.69% |
| SALES TAX SECURITIZATION CORP ILL 4% | IL.STSGEN 4 01.01.2040 | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02923 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02817 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02441 | Jun 30, 2025 |
| May 30, 2025 | $0.02643 | May 30, 2025 |
| Apr 30, 2025 | $0.02467 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0231 | Mar 31, 2025 |