BNY Mellon AMT-Free Municipal Bond Fund (DMUYX)
| Fund Assets | 1.79B |
| Expense Ratio | 0.43% |
| Min. Investment | $1,000,000 |
| Turnover | 16.51% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.30% |
| Dividend Growth | 6.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 13.22 |
| YTD Return | -0.22% |
| 1-Year Return | -0.73% |
| 5-Year Return | 0.62% |
| 52-Week Low | 12.63 |
| 52-Week High | 13.60 |
| Beta (5Y) | n/a |
| Holdings | 611 |
| Inception Date | Jul 1, 2013 |
About DMUYX
BNY Mellon AMT-Free Municipal Bond Fund - Class Y is a mutual fund focused on generating current income that is exempt from federal income tax, aiming to preserve capital for investors. This fund invests primarily—at least 65% of its net assets—in municipal bonds that carry a rating of A or higher at the time of purchase, or the equivalent as determined by the manager. The portfolio is diversified across various state and local government issuers, providing investors exposure to the municipal sector while seeking to reduce risk through broad geographic and sector allocation. Notably, the fund emphasizes longer-maturity and midquality revenue bonds, typically leading to moderate interest rate and credit risk profiles. The fund’s strategy benefits high-net-worth individuals or institutions seeking tax-advantaged income, particularly given its exemption from the federal alternative minimum tax. Its market role is significant in providing a stable, tax-efficient income stream while supporting public projects and infrastructure through municipal bond financing.
Performance
DMUYX had a total return of -0.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.57%.
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 | $0.04121 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03998 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03527 | Jun 30, 2025 |
| May 30, 2025 | $0.03847 | May 30, 2025 |
| Apr 30, 2025 | $0.03606 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03436 | Mar 31, 2025 |