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MOMXX BNY Mellon Natl Muni MMkt M

  • Fund
  • MOMXX
  • Price as of: Jan 18, 2019
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

MOMXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.6%
  • 5 Yr Annualized Return 0.4%
  • Net Assets $1.19 B
  • Holdings in Top 10 21.8%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.30%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$10,000

IRA

$0

Investment Themes

CATEGORY

Money Market
  • Fund Type Money Market Fund
  • Investment Style Money Market-Tax-Free

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 0.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.93%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name BNY Mellon Funds Trust National Municipal Money Market Fund
  • Fund Family Name BNY Mellon Funds
  • Inception Date Jun 02, 2003
  • Shares Outstanding N/A
  • Share Class M
  • Currency USD
  • Domiciled Country United States
  • Manager Management Team

Fund Description

The BNY Mellon Funds Trust National Municipal Money Market Fund Class M (MOMXX) is a low-cost, actively managed fund that seeks to preserve capital while providing the highest tax-free income available. The fund invests in short and ultrashort municipal bond securities and can be seen as a cash proxy. These securities are free from Federal taxes for most investors.

For investors in the highest tax brackets, earning interest from a savings account can be a huge taxable event. As such, MOMMX makes an ideal selection for those investors.

MOMXX - Performance

Return Ranking - Trailing

Period MOMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -0.1% 0.6% 0.74% 3
1 Yr 1.1% -0.1% 2.1% 42.88% 3
3 Yr 0.6% * -53.6% 1.7% 37.70% 3
5 Yr 0.4% * 0.0% 3.0% 38.57% 3
10 Yr 0.2% * 0.0% 4.1% 59.96% 4

* Annualized


Return Ranking - Calendar

Period MOMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -99.7% 952.0% 0.81% 3
2017 0.0% -90.0% 4900.0% 0.58% 2
2016 0.0% -100.0% 9900.0% 0.58% 2
2015 N/A -100.0% 900.1% N/A N/A
2014 N/A 0.0% 3.1% N/A N/A

Total Return Ranking - Trailing

Period MOMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 0.6% 0.83% 2
1 Yr 1.1% -5.5% 2.1% 41.73% 3
3 Yr 0.6% * -1.8% 1.7% 37.74% 3
5 Yr 0.4% * -1.1% 3.0% 38.57% 3
10 Yr 0.2% * -0.5% 4.1% 59.73% 4

* Annualized


Total Return Ranking - Calendar

Period MOMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -100.0% 9900.0% 0.99% 2
2017 0.0% -90.0% 2.1% 1.20% 2
2016 0.0% -100.0% 4900.0% 2.00% 3
2015 N/A -100.0% 900.1% N/A N/A
2014 N/A 0.0% 4.8% N/A N/A

NAV & Total Return History

MOMXX - Holdings

Filings data as of: Dec 31, 2018

Concentration Analysis

MOMXX Category Low Category High MOMXX % Rank Quintile
Net Assets 1.19 B 500 K 149 B 20.65% 3
Number of Holdings 152 1 1276 4.99% 1
Net Assets in Top 10 258 M 2.69 M 96.4 B 25.34% 4
Weighting of Top 10 21.8% 5.2% 108.2% 35.95% 5

Top 10 Holdings

  1. ATASCOSA CNTY TEX INDL DEV CORP POLLUTION CTL 1.75% 2.89%
  2. NEW YORK ST HSG FIN AGY 1.73% 2.67%
  3. NEW YORK N Y 1.8% 2.44%
  4. JACKSON CNTY MISS 1.61% 2.13%
  5. INDIANA ST FIN AUTH 1.72% 2.11%
  6. NEW MEXICO ST HOSP EQUIP LN COUNCIL 1.75% 2.06%
  7. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.76% 1.96%
  8. MICHIGAN ST STRATEGIC FD 1.67% 1.88%
  9. NEW YORK N Y CITY MUN WTR FIN AUTH 1.74% 1.88%
  10. CHARLOTTE-MECKLENBERG HOSP AUTH N C 1.7% 1.80%

Asset Allocation

Weighting Category Low Category High MOMXX % Rank Quintile
Bonds
94.76% 0.00% 108.20% 2.13% 1
Cash
5.24% 0.00% 100.70% 35.63% 5
Stocks
0.00% 0.00% 1.03% 0.24% 2
Preferred Stocks
0.00% 0.00% 6.43% 0.79% 2
Other
0.00% -12.63% 100.00% 9.03% 3
Convertible Bonds
0.00% 0.00% 2.02% 1.35% 3

Bond Sector Breakdown

Weighting Category Low Category High MOMXX % Rank Quintile
Municipal
93.07% 0.00% 100.00% 2.22% 1
Cash & Equivalents
6.93% 0.00% 100.70% 35.00% 5
Derivative
0.00% 0.00% 1.15% 0.55% 2
Securitized
0.00% 0.00% 51.10% 4.51% 3
Corporate
0.00% 0.00% 31.09% 9.74% 3
Government
0.00% 0.00% 108.20% 17.02% 4

Bond Geographic Breakdown

Weighting Category Low Category High MOMXX % Rank Quintile
US
94.76% 0.00% 108.20% 2.14% 1
Non US
0.00% 0.00% 12.62% 3.56% 3

MOMXX - Expenses

Operational Fees

MOMXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.30% 0.00% 83.73% 11.75% 1
Management Fee 0.15% 0.00% 0.60% 2.99% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.00% 0.50% 2.29% 4

Sales Fees

MOMXX Fees (% of AUM) Category Low Category High MOMXX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

MOMXX Fees (% of AUM) Category Low Category High MOMXX Rank Quintile
Max Redemption Fee N/A 0.25% 1.00% N/A N/A

Turnover 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 Low Category High MOMXX Rank Quintile
Turnover 0.00% 0.00% 1054.00% 7.39% 2

MOMXX - Distributions

Dividend Yield Analysis

MOMXX Category Low Category High MOMXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.32% 1.94% 2

Dividend Distribution Analysis

MOMXX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MOMXX Category Low Category High MOMXX % Rank Quintile
Net Income Ratio 0.93% -0.23% 2.42% 6.15% 2

Capital Gain Distribution Analysis

MOMXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

MOMXX - Managers

Management Team

Lead Manager

Start Date

Jun 02, 2003

Tenure

15.59

Tenure Rank

7.9%

Team Managed


Tenure Analysis

Category Low

0.0

Category High

43.2

Category Average

12.6

Category Mode

4.0