BNY Mellon National Intermediate Municipal Bond Fund Class M (MPNIX)
| Fund Assets | 1.72B |
| Expense Ratio | 0.52% |
| Min. Investment | $10,000 |
| Turnover | 66.66% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 2.85% |
| Dividend Growth | 7.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 12.82 |
| YTD Return | 0.54% |
| 1-Year Return | 1.64% |
| 5-Year Return | 1.37% |
| 52-Week Low | 12.48 |
| 52-Week High | 13.17 |
| Beta (5Y) | 0.21 |
| Holdings | 547 |
| Inception Date | Oct 2, 2000 |
About MPNIX
BNY Mellon National Intermediate Municipal Bond Fund Class M is a mutual fund specializing in intermediate-term municipal bonds. Its primary objective is to maximize current income that is exempt from federal income tax, while prioritizing the preservation of capital. The fund predominantly invests at least 80% of its assets in a diversified portfolio of municipal bonds issued by state and local governments across the United States to finance public projects such as infrastructure, schools, and healthcare facilities. It typically maintains an effective duration not exceeding eight years, positioning it within the intermediate-term segment of the municipal bond market. With over 500 holdings and fund assets exceeding $2 billion, the fund offers broad exposure and risk diversification within the municipal bond sector. Monthly dividend distributions and a focus on tax-exempt income make it a significant option for investors seeking stable cash flow with lower interest rate sensitivity than long-term bond funds. Launched in 2000, the fund plays a vital role in providing federally tax-exempt income and serves as a core fixed income holding for individuals and institutions looking to balance yield and risk in their portfolios.
Performance
MPNIX had a total return of 1.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.37%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MINMX | Investor Shares | 0.77% |
Top 10 Holdings
7.88% of assets| Name | Symbol | Weight |
|---|---|---|
| MARICOPA CNTY ARIZ INDL DEV AUTH REV 5% | AZ.MARDEV 5 01.01.2034 | 1.01% |
| ILLINOIS ST SALES TAX REV 5% | IL.ILSGEN 5 06.15.2039 | 0.92% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | NY.NYCDEV 5 11.15.2044 | 0.88% |
| RHODE ISLAND ST 5% | RI.RIS 5 08.01.2038 | 0.87% |
| PORTLAND ORE SWR SYS REV 4.5% | OR.PORUTL 4.5 05.01.2037 | 0.80% |
| WASHINGTON ST 5% | WA.WAS 5 07.01.2038 | 0.73% |
| TOBACCO SETTLEMENT FING CORP N J 5% | NJ.TOBGEN 5 06.01.2033 | 0.71% |
| MIAMI-DADE CNTY FLA EDL FACS AUTH REV 5.25% | FL.MIAEDU 5.25 04.01.2036 | 0.65% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSHGR 07.01.2064 | 0.65% |
| NEW YORK N Y 5% | NY.NYC 5 08.01.2030 | 0.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.02989 | Jun 30, 2025 |
| May 30, 2025 | $0.0325 | May 30, 2025 |
| Apr 30, 2025 | $0.03084 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02988 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0284 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0321 | Jan 31, 2025 |