BNY Mellon AMT-Free Municipal Bond Fund - Class Y (DMUYX)
| Fund Assets | 1.82B |
| Expense Ratio | 0.41% |
| Min. Investment | $1,000,000 |
| Turnover | 19.60% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 3.40% |
| Dividend Growth | 8.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 13.45 |
| YTD Return | 1.14% |
| 1-Year Return | 4.88% |
| 5-Year Return | 4.15% |
| 52-Week Low | 12.26 |
| 52-Week High | 13.45 |
| Beta (5Y) | n/a |
| Holdings | 588 |
| 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 4.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.23%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04095 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0416 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03609 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04243 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03766 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04121 | Aug 29, 2025 |