BNY Mellon Municipal Opportunities M (MOTMX)
| Fund Assets | 1.96B |
| Expense Ratio | 0.75% |
| Min. Investment | $10,000 |
| Turnover | 63.45% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.52% |
| Dividend Growth | 3.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 12.43 |
| YTD Return | 0.67% |
| 1-Year Return | 1.31% |
| 5-Year Return | 6.67% |
| 52-Week Low | 11.84 |
| 52-Week High | 12.72 |
| Beta (5Y) | n/a |
| Holdings | 727 |
| Inception Date | Oct 15, 2008 |
About MOTMX
The BNY Mellon Municipal Opportunities Fund Class M is a mutual fund designed to maximize total return through a combination of high current income exempt from federal income tax and capital appreciation. This fund primarily invests at least 80% of its assets in U.S. dollar-denominated municipal bonds, which are debt securities issued by states, territories, or their respective agencies and authorities, offering tax-exempt income to investors. It may invest up to 20% in taxable fixed-income securities, providing some flexibility in portfolio construction. With a broadly diversified portfolio—typically holding hundreds of municipal securities—it targets intermediate-term maturities, reflected in an average effective duration of approximately 6.6 years and an average effective maturity of about 17.6 years. Monthly dividend distributions and a focus on higher-credit-quality, investment-grade bonds make it relevant for investors seeking stable, tax-advantaged income. The fund plays a key role in the municipal bond market and is notable for its size, with over $2 billion in assets under management, and its competitive track record in the "Municipal National Intermediate" category. Its primary purpose is to deliver a blend of income and moderate growth, serving individuals and institutions aiming for efficient tax-exempt income allocation in diversified portfolios.
Performance
MOTMX had a total return of 1.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.03%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MOTIX | Investor | 1.00% |
Top 10 Holdings
7.98% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 1.41% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 05.01.2055 | 0.91% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | PR.PRCUTL 5 07.01.2030 | 0.89% |
| INTERMOUNTAIN PWR AGY UTAH PWR SUPPLY REV 5% | UT.INTPWR 5 07.01.2042 | 0.87% |
| AUSTIN TEX ARPT SYS REV 5% | TX.AUSAPT 5 11.15.2046 | 0.75% |
| MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5% | MA.MASTRN 5 07.01.2038 | 0.67% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 05.01.2055 | 0.64% |
| UNIVERSITY TEX PERM UNIV FD 5% | TX.UNIHGR 5 07.01.2041 | 0.62% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2037 | 0.61% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 12.01.2054 | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03514 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03913 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03802 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03525 | Jun 30, 2025 |
| May 30, 2025 | $0.03871 | May 30, 2025 |
| Apr 30, 2025 | $0.03619 | Apr 30, 2025 |