BNY Mellon National Municipal Money Market Fund
Name
As of 05/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.4%
1 yr return
3.3%
3 Yr Avg Return
1.7%
5 Yr Avg Return
1.3%
Net Assets
$213 M
Holdings in Top 10
35.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 05/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MOMXX - Profile
Distributions
- YTD Total Return 1.4%
- 3 Yr Annualized Total Return 1.7%
- 5 Yr Annualized Total Return 1.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.01%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBNY Mellon National Municipal Money Market Fund
-
Fund Family NameBNY Mellon Funds
-
Inception DateMay 09, 2008
-
Shares OutstandingN/A
-
Share ClassM
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
To pursue its goal, the fund normally invests at least 80% of its net assets in short-term, high quality municipal obligations that provide income exempt from federal personal income tax. Among these are municipal notes, short-term municipal bonds, tax-exempt commercial paper and municipal leases.
The fund is a money market fund subject to the maturity, quality, liquidity and diversification requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended, and seeks to maintain a stable share price of $1.00.
The fund seeks to invest in securities that present minimal credit risk, based on an assessment by Dreyfus, the fund's sub-adviser, of the issuer's or guarantor's credit quality and capacity to meet its financial obligations, among other factors. As part of this assessment, to the extent relevant information is available, Dreyfus also evaluates, with respect to guarantors, whether environmental, social and governance (ESG) factors could have a positive, negative or neutral impact on the entity's financial condition (including cash flows, revenues, and short-term debt coverage) and competitive positioning or reputation within the relevant sector. The relevance and significance of these ESG factors to an entity's financial condition, competitive positioning or reputation vary and are dependent on the specific sector in which a guarantor operates. With respect to guarantors of securities, relevant ESG considerations may include carbon financing and exposure, privacy and data security, responsible investments, corporate governance, business ethics, and financial system stability.
In evaluating ESG factors, Dreyfus considers ESG research developed by one or more of its affiliates or third parties, including ESG assessments and commentary provided by credit rating agencies, and other material ESG information as
available. Identified ESG factors are incorporated within Dreyfus's credit risk analysis to determine whether such ESG factors have a positive, negative or neutral impact on Dreyfus's assessment of creditworthiness. Based on this determination, the fund may adjust the applicable credit or maturity limits for the relevant guarantor. Dreyfus, however, may determine, across all investments within the fund, that other attributes of creditworthiness, such as sources of liquidity and market positioning, outweigh ESG considerations when making an investment decision, and may not consider available ESG data in connection with every investment decision it makes on behalf of the fund. As a result, the fund may invest in securities guaranteed by guarantors, for example, that may be negatively impacted by ESG factors.
MOMXX - Performance
Return Ranking - Trailing
Period | MOMXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | 0.7% | 2.2% | 33.72% |
1 Yr | 3.3% | 2.1% | 5.3% | 40.70% |
3 Yr | 1.7%* | 1.1% | 2.8% | 43.59% |
5 Yr | 1.3%* | 0.7% | 1.9% | 16.25% |
10 Yr | 0.9%* | 0.4% | 1.1% | 31.48% |
* Annualized
Return Ranking - Calendar
Period | MOMXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 0.0% | 8.14% |
2022 | 0.0% | 0.0% | 0.0% | 2.33% |
2021 | 0.0% | 0.0% | 0.0% | 2.56% |
2020 | 0.0% | 0.0% | 0.0% | 2.70% |
2019 | 0.0% | 0.0% | 0.0% | 2.56% |
Total Return Ranking - Trailing
Period | MOMXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | 0.7% | 2.2% | 33.72% |
1 Yr | 3.3% | 2.1% | 5.3% | 40.70% |
3 Yr | 1.7%* | 1.1% | 2.8% | 43.59% |
5 Yr | 1.3%* | 0.7% | 1.9% | 16.25% |
10 Yr | 0.9%* | 0.4% | 1.1% | 31.48% |
* Annualized
Total Return Ranking - Calendar
Period | MOMXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.3% | 2.0% | 5.4% | 38.37% |
2022 | 1.0% | 0.2% | 1.2% | 31.40% |
2021 | 0.2% | 0.0% | 0.3% | 6.41% |
2020 | 0.7% | 0.0% | 1.3% | 12.16% |
2019 | 1.3% | 0.0% | 2.7% | 34.62% |
NAV & Total Return History
MOMXX - Holdings
Concentration Analysis
MOMXX | Category Low | Category High | MOMXX % Rank | |
---|---|---|---|---|
Net Assets | 213 M | 3.67 M | 19.7 B | 69.77% |
Number of Holdings | 87 | 1 | 921 | 65.12% |
Net Assets in Top 10 | 104 M | 40.6 M | 17.4 B | 81.40% |
Weighting of Top 10 | 35.61% | 9.8% | 100.0% | 33.72% |
Top 10 Holdings
- METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN WTR & SWR REV IAM COML PAP 5.13%
- HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 0.02% 5.08%
- MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV IAM COML PAPER 3/A4 SER H-2 0.1 4.80%
- PENNSYLVANIA ECONOMIC DEV FIN AUTH EXEMPT FAC REV 0.75% 4.79%
- SALEM MASS 1% 4.74%
- KISSIMMEE FLA UTIL AUTH IAM COML PAPER NTS 3/A2 SER 2000 B 0.12% 4.61%
- GAINESVILLE FLA UTILS SYS REV 0.1% 4.15%
- NORTH EAST INDPT SCH DIST TEX IAM COML PAPER NTS 3/A2 SER A 0.62% 4.15%
- RBC MUN PRODS INC TR VARIOUS STS 0.49% 4.10%
- INDIANA ST FIN AUTH REV 0.03% 4.08%
Asset Allocation
Weighting | Return Low | Return High | MOMXX % Rank | |
---|---|---|---|---|
Bonds | 77.20% | 0.00% | 99.21% | 77.91% |
Cash | 22.80% | 0.79% | 100.00% | 22.09% |
Stocks | 0.00% | 0.00% | 0.00% | 2.33% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 2.33% |
Other | 0.00% | 0.00% | 0.00% | 2.33% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 2.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MOMXX % Rank | |
---|---|---|---|---|
Municipal | 77.20% | 0.00% | 99.21% | 75.58% |
Cash & Equivalents | 22.80% | 0.79% | 100.00% | 24.42% |
Derivative | 0.00% | 0.00% | 0.00% | 2.33% |
Securitized | 0.00% | 0.00% | 0.00% | 2.33% |
Corporate | 0.00% | 0.00% | 0.00% | 2.33% |
Government | 0.00% | 0.00% | 13.45% | 9.30% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MOMXX % Rank | |
---|---|---|---|---|
US | 77.20% | 0.00% | 99.21% | 77.91% |
Non US | 0.00% | 0.00% | 0.00% | 2.33% |
MOMXX - Expenses
Operational Fees
MOMXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.35% | 0.15% | 1.77% | 61.63% |
Management Fee | 0.15% | 0.08% | 0.49% | 20.93% |
12b-1 Fee | N/A | 0.00% | 0.75% | N/A |
Administrative Fee | 0.15% | 0.05% | 0.55% | 77.59% |
Sales Fees
MOMXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MOMXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MOMXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 0.00% | 25.00% |
MOMXX - Distributions
Dividend Yield Analysis
MOMXX | Category Low | Category High | MOMXX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.36% | 2.26% | 5.22% | 40.70% |
Dividend Distribution Analysis
MOMXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MOMXX | Category Low | Category High | MOMXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | 0.00% | 0.12% | 18.60% |
Capital Gain Distribution Analysis
MOMXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.003 | OrdinaryDividend |
Mar 31, 2024 | $0.003 | OrdinaryDividend |
Feb 29, 2024 | $0.002 | OrdinaryDividend |
Jan 31, 2024 | $0.003 | OrdinaryDividend |
Dec 29, 2023 | $0.003 | OrdinaryDividend |
Nov 30, 2023 | $0.003 | OrdinaryDividend |
Oct 31, 2023 | $0.003 | OrdinaryDividend |
Sep 29, 2023 | $0.003 | OrdinaryDividend |
Aug 31, 2023 | $0.003 | OrdinaryDividend |
Jul 31, 2023 | $0.002 | OrdinaryDividend |
Jun 30, 2023 | $0.003 | OrdinaryDividend |
May 31, 2023 | $0.003 | OrdinaryDividend |
Apr 28, 2023 | $0.002 | OrdinaryDividend |
Mar 31, 2023 | $0.002 | OrdinaryDividend |
Feb 28, 2023 | $0.002 | OrdinaryDividend |
Jan 31, 2023 | $0.002 | OrdinaryDividend |
Dec 30, 2022 | $0.002 | OrdinaryDividend |
Dec 23, 2022 | $0.000 | CapitalGainShortTerm |
Nov 30, 2022 | $0.002 | OrdinaryDividend |
Oct 31, 2022 | $0.002 | OrdinaryDividend |
Sep 30, 2022 | $0.001 | OrdinaryDividend |
Aug 31, 2022 | $0.001 | OrdinaryDividend |
Jul 29, 2022 | $0.000 | OrdinaryDividend |
Jun 30, 2022 | $0.000 | OrdinaryDividend |
May 31, 2022 | $0.000 | OrdinaryDividend |
Apr 29, 2022 | $0.000 | OrdinaryDividend |
Mar 31, 2022 | $0.000 | OrdinaryDividend |
Feb 28, 2022 | $0.000 | OrdinaryDividend |
Jan 31, 2022 | $0.000 | OrdinaryDividend |
Dec 31, 2021 | $0.000 | OrdinaryDividend |
Dec 23, 2021 | $0.000 | CapitalGainShortTerm |
Dec 23, 2021 | $0.000 | CapitalGainLongTerm |
Nov 30, 2021 | $0.000 | OrdinaryDividend |
Oct 29, 2021 | $0.000 | OrdinaryDividend |
Sep 30, 2021 | $0.000 | OrdinaryDividend |
Aug 31, 2021 | $0.000 | OrdinaryDividend |
Jul 30, 2021 | $0.000 | OrdinaryDividend |
Jun 30, 2021 | $0.000 | OrdinaryDividend |
May 28, 2021 | $0.000 | OrdinaryDividend |
Apr 30, 2021 | $0.000 | OrdinaryDividend |
Mar 31, 2021 | $0.000 | OrdinaryDividend |
Feb 26, 2021 | $0.000 | OrdinaryDividend |
Jan 29, 2021 | $0.000 | OrdinaryDividend |
Dec 31, 2020 | $0.001 | OrdinaryDividend |
Nov 30, 2020 | $0.001 | OrdinaryDividend |
Oct 30, 2020 | $0.001 | OrdinaryDividend |
Sep 30, 2020 | $0.001 | OrdinaryDividend |
Aug 31, 2020 | $0.001 | OrdinaryDividend |
Jan 31, 2020 | $0.001 | OrdinaryDividend |
Dec 31, 2019 | $0.001 | OrdinaryDividend |
Nov 29, 2019 | $0.001 | OrdinaryDividend |
Oct 31, 2019 | $0.001 | OrdinaryDividend |
Sep 30, 2019 | $0.001 | OrdinaryDividend |
Aug 30, 2019 | $0.001 | OrdinaryDividend |
Jul 31, 2019 | $0.001 | OrdinaryDividend |