BNY Mellon NY AMT-Free Municipal Bond I (DNYIX)

Fund Assets	767.57M
Expense Ratio	0.54%
Min. Investment	$1,000
Turnover	16.68%
Dividend (ttm)	0.44
Dividend Yield	3.43%
Dividend Growth	6.42%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	12.84
YTD Return	-2.78%
1-Year Return	-1.92%
5-Year Return	-1.55%
52-Week Low	12.68
52-Week High	13.75
Beta (5Y)	0.27
Holdings	242
Inception Date	Dec 15, 2008

About DNYIX

BNY Mellon New York AMT-Free Municipal Bond Fund Institutional Shares is an open-end mutual fund specializing in tax-exempt fixed income securities. Its primary objective is to generate current income that is exempt from federal, New York state, and New York City personal income taxes, in addition to the federal alternative minimum tax. The fund achieves this by investing at least 80% of its assets in municipal bonds, with a strong focus on investment-grade issues tied to municipally-backed infrastructure and development projects within New York. The portfolio is managed with a rigorous credit evaluation process, emphasizing preservation of capital while seeking steady, tax-advantaged income. This fund is designed for institutional investors and entities looking for a diversified, actively managed municipal bond allocation that addresses both state and local tax considerations. It plays a specialized role in the market by serving investors who require high-credit-quality municipal exposure linked to New York while seeking to minimize tax liability from income distributions.

• Fund Family: BNY Mellon
• Category: NY Municipal Debt
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: DNYIX
• Share Class: Class I
• Index: Bloomberg Municipal Bond TR

Performance

DNYIX had a total return of -1.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.55%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FEMIX	Fidelity	Fidelity Advisor NY Municipal Inc I	0.55%
FNMAX	Fidelity	Fidelity Advisor NY Municipal Inc A	0.76%
FTFMX	Fidelity	Fidelity New York Municipal Income Fund	0.46%
FNYPX	Fidelity	Fidelity Advisor NY Municipal Inc M	0.71%
FNYCX	Fidelity	Fidelity Advisor NY Municipal Inc C	1.46%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DNYYX	Class Y	0.50%
DNYAX	Class Z	0.62%
PSNYX	Class A	0.78%
PNYCX	Class C	1.71%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03652	Sep 30, 2026
Aug 31, 2026	$0.03693	Aug 31, 2026
Jul 31, 2026	$0.04163	Jul 31, 2026
Jun 30, 2026	$0.03729	Jun 30, 2026
May 29, 2026	$0.03845	May 29, 2026
Apr 30, 2026	$0.03704	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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