BNY Mellon New York AMT-Free Municipal Bond Fund Class C (PNYCX)
| Fund Assets | 844.53M |
| Expense Ratio | 1.71% |
| Min. Investment | $1,000 |
| Turnover | 16.68% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 1.96% |
| Dividend Growth | 2.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 13.69 |
| YTD Return | 1.77% |
| 1-Year Return | 5.73% |
| 5-Year Return | -2.76% |
| 52-Week Low | 12.96 |
| 52-Week High | 13.75 |
| Beta (5Y) | 0.05 |
| Holdings | 231 |
| Inception Date | Sep 11, 1995 |
About PNYCX
BNY Mellon New York AMT-Free Municipal Bond Fund Class C is an open-end municipal bond fund focused on generating current income that is exempt from federal, New York State, and New York City income taxes, including the federal alternative minimum tax. The fund normally invests at least 80% of net assets in New York municipal securities, emphasizing intermediate-duration bonds to balance income with capital preservation. It targets revenue and general obligation bonds that finance essential services and infrastructure across the state, such as transportation, education, healthcare, and utilities. Positioned within the Muni New York Intermediate category, the fund offers monthly distributions and broad diversification across hundreds of holdings, reflecting the depth of the New York municipal market. Class C shares are designed for investors who prefer a higher ongoing expense structure in lieu of front-end sales charges, aligning the share class with distribution and servicing needs. By focusing on tax-advantaged income from New York issuers, the fund serves residents seeking state- and city-level tax efficiency within a professionally managed municipal bond portfolio.
Performance
PNYCX had a total return of 5.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.69%.
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 | 0.53% |
| FNMAX | Fidelity | Fidelity Advisor NY Municipal Inc A | 0.76% |
| FTFMX | Fidelity | Fidelity New York Municipal Income Fund | 0.45% |
| FNYPX | Fidelity | Fidelity Advisor NY Municipal Inc M | 0.72% |
| FNYCX | Fidelity | Fidelity Advisor NY Municipal Inc C | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02301 | Jun 30, 2026 |
| May 29, 2026 | $0.02427 | May 29, 2026 |
| Apr 30, 2026 | $0.02306 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02304 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02189 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02291 | Jan 30, 2026 |