DYBIX: BNY Mellon High Yield Municipal Bond Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$13.18

-

-

0.68%

Vitals

YTD Return

3.6%

1 yr return

10.3%

3 Yr Avg Return

5.7%

5 Yr Avg Return

5.1%

Net Assets

$387 M

Holdings in Top 10

16.2%

52 WEEK LOW AND HIGH

$13.18
$12.26
$13.32

Expenses

OPERATING FEES

Expense Ratio 0.68%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 69.21%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Muni


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$13.18

-

-

0.68%

DYBIX - Profile

Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.52%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon High Yield Municipal Bond Fund
  • Fund Family Name
    Dreyfus
  • Inception Date
    Dec 15, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Burger

Fund Description

To pursue its goals, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal income tax. The dollar-weighted average maturity of the fund's portfolio is not restricted, but normally exceeds ten years. It is non-diversified.


DYBIX - Performance

Return Ranking - Trailing

Period DYBIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -1.4% 6.3% 18.83%
1 Yr 10.3% 0.4% 16.9% 27.23%
3 Yr 5.7%* 2.3% 9.6% 63.43%
5 Yr 5.1%* 2.0% 7.6% 21.84%
10 Yr 6.2%* 3.7% 9.2% 40.76%

* Annualized

Return Ranking - Calendar

Period DYBIX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.7% -10.1% 4.2% 80.18%
2019 6.2% -0.7% 9.1% 23.11%
2018 -2.5% -5.7% 95.6% 54.12%
2017 8.6% -0.7% 8.6% 1.16%
2016 -3.9% -6.7% -0.8% 76.51%

Total Return Ranking - Trailing

Period DYBIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -1.4% 6.3% 18.83%
1 Yr 10.3% 0.4% 16.9% 20.98%
3 Yr 5.7%* 2.3% 9.6% 52.78%
5 Yr 5.1%* 2.0% 7.6% 18.93%
10 Yr 6.2%* 3.7% 9.2% 35.67%

* Annualized

Total Return Ranking - Calendar

Period DYBIX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.7% -10.1% 4.2% 80.18%
2019 6.2% -0.7% 9.1% 25.94%
2018 -2.5% -5.7% 4.2% 58.25%
2017 8.8% -0.7% 9.8% 2.31%
2016 -3.8% -6.3% 1.1% 80.72%

NAV & Total Return History


DYBIX - Holdings

Concentration Analysis

DYBIX Category Low Category High DYBIX % Rank
Net Assets 387 M 10.6 K 24.3 B 73.78%
Number of Holdings 204 3 3864 79.20%
Net Assets in Top 10 60.8 M -38.8 M 3.28 B 75.66%
Weighting of Top 10 16.22% 1.1% 100.0% 32.30%

Top 10 Holdings

  1. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 2.20%
  2. PUERTO RICO COMWLTH 8% 1.78%
  3. NEW YORK CONVENTION CTR DEV CORP N Y REV 1.77%
  4. BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% 1.68%
  5. MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET BACKED REV 1.58%
  6. TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV 4% 1.57%
  7. METROPOLITAN TRANSN AUTH N Y REV 4% 1.55%
  8. TENNERGY CORP TENN GAS REV 4% 1.44%
  9. CLIFTON TEX HIGHER ED FIN CORP ED REV 6.12% 1.36%
  10. CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV 5% 1.35%

Asset Allocation

Weighting Return Low Return High DYBIX % Rank
Bonds
98.70% 0.00% 140.95% 46.46%
Cash
1.30% -1.83% 99.53% 53.54%
Stocks
0.00% -0.15% 3.85% 97.35%
Preferred Stocks
0.00% -41.33% 0.33% 96.02%
Other
0.00% -0.25% 99.99% 96.46%
Convertible Bonds
0.00% 0.00% 0.00% 100.00%

Bond Sector Breakdown

Weighting Return Low Return High DYBIX % Rank
Municipal
98.70% 0.00% 100.00% 46.02%
Cash & Equivalents
1.30% 0.00% 100.00% 54.42%
Derivative
0.00% 0.00% 1.12% 100.00%
Securitized
0.00% 0.00% 18.80% 100.00%
Corporate
0.00% 0.00% 4.15% 100.00%
Government
0.00% 0.00% 0.39% 100.00%

Bond Geographic Breakdown

Weighting Return Low Return High DYBIX % Rank
US
93.76% 0.00% 134.92% 30.53%
Non US
4.94% 0.00% 16.03% 73.01%

DYBIX - Expenses

Operational Fees

DYBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.68% 0.05% 2.86% 58.85%
Management Fee 0.45% 0.00% 1.00% 30.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.35% 66.67%

Sales Fees

DYBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

DYBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

DYBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 69.21% 7.00% 314.00% 84.86%

DYBIX - Distributions

Dividend Yield Analysis

DYBIX Category Low Category High DYBIX % Rank
Dividend Yield 0.00% 0.00% 0.25% 100.00%

Dividend Distribution Analysis

DYBIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

DYBIX Category Low Category High DYBIX % Rank
Net Income Ratio 3.52% 0.75% 6.78% 46.64%

Capital Gain Distribution Analysis

DYBIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

DYBIX - Fund Manager Analysis

Managers

Jeffrey Burger


Start Date

Tenure

Tenure Rank

Nov 08, 2011

9.82

9.8%

Jeffrey Burger, CFA Director, Senior Portfolio Manager Jeffrey is a senior portfolio manager for US Municipal Bond strategies. He is responsible for managing US Municipal Bond strategies for institutional, high net worth and mutual fund clients. Previously, he served as a senior analyst for the firm, specializing in land-secured and special tax bonds. Prior to joining the firm in 2009, Jeffrey worked at Columbia Management as a portfolio manager and senior research analyst and at Fitch Ratings as a senior-level analyst. He is a former chairman and member of the executive committee and board of governors for the National Federation of Municipal Analysts. He is also a former president of the Boston Municipal Analysts Forum. Jeffrey has been in the investment industry since 1998. Jeffrey earned an MPA from the Maxwell School of Citizenship and Public Affairs at Syracuse University and a BA degree, cum laude, in policy studies and public relations from Syracuse University. He holds the CFA® designation and is a member of the CFA Institute.

Daniel Barton


Start Date

Tenure

Tenure Rank

Feb 07, 2012

9.57

9.6%

Daniel Barton, CFA and Jeffrey Burger, CFA are the fund's primary portfolio managers, positions they have held since December 2009 and March 2012, respectively. Messrs. Barton and Burger are jointly and primarily responsible for managing the fund's portfolio. Mr. Barton is a director and head of research for tax sensitive strategies at Mellon Investments Corporation. He has been employed by Mellon or a predecessor company of Mellon since 2005, and by BNYM Investment Adviser since December 2009. Mr. Burger is a director and senior portfolio manager for tax sensitive strategies at Mellon. He has been employed by Mellon or a predecessor company of Mellon since July 2009, and by BNYM Investment Adviser since December 2009. Messrs. Barton and Burger manage the fund in their capacity as employees of BNYM Investment Adviser and also manage certain other municipal bond funds advised by BNYM Investment Adviser

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 23.44 7.29 1.78