MOMXX: BNY Mellon Natl Muni MMkt M

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MOMXX BNY Mellon Natl Muni MMkt M

  • Fund
  • MOMXX
  • Price as of: Dec 12, 2019
  • $1.00
    - $0.00 - 0.00%

Profile

MOMXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return 0.6%
  • Net Assets $625 M
  • Holdings in Top 10 29.7%

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

Fund Classification

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

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.30%
DIVIDENDS
  • Dividend Yield 0.9%
  • 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.


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Categories

Performance

MOMXX - Performance

Return Ranking - Trailing

Period MOMXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 1.93%
1 Yr 1.2% 0.0% 2.4% 16.73%
3 Yr 1.0%* 0.0% 1.8% 15.05%
5 Yr 0.6%* 0.0% 1.2% 14.93%
10 Yr 0.3%* 0.0% 1.4% 23.05%

* Annualized

Return Ranking - Calendar

Period MOMXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% 0.0% 0.0% 2.04%
2017 0.0% 0.0% 0.0% 2.02%
2016 0.0% 0.0% 0.0% 2.16%
2015 0.0% 0.0% 0.0% 2.27%
2014 0.0% 0.0% 0.0% 2.30%

Total Return Ranking - Trailing

Period MOMXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 1.93%
1 Yr 1.2% -5.2% 2.4% 15.67%
3 Yr 1.0%* -1.6% 1.8% 14.96%
5 Yr 0.6%* -1.0% 1.2% 14.81%
10 Yr 0.3%* -0.5% 1.4% 22.85%

* Annualized

Total Return Ranking - Calendar

Period MOMXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% 0.0% 0.0% 2.04%
2017 0.0% 0.0% 0.0% 2.02%
2016 0.0% 0.0% 0.0% 2.16%
2015 0.0% 0.0% 0.0% 2.27%
2014 0.0% 0.0% 0.0% 2.30%

NAV & Total Return History


Holdings

MOMXX - Holdings

Concentration Analysis

MOMXX Category Low Category High MOMXX % Rank
Net Assets 625 M 53.2 K 160 B 73.33%
Number of Holdings 134 2 1098 29.16%
Net Assets in Top 10 244 M 53.1 K 98.7 B 74.79%
Weighting of Top 10 29.72% 9.2% 112.9% 72.62%

Top 10 Holdings

  1. MOBILE CNTY ALA INDL DEV AUTH GULF OPPORTUNITY ZONE REV 1.25% 4.88%
  2. TEXAS ST 1.26% 4.88%
  3. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.17% 2.84%
  4. MIAMI-DADE CNTY FLA SCH DIST 2% 2.81%
  5. MIZUHO FLOATER / RESIDUAL TR VAR STS 1.29% 2.74%
  6. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.16% 2.59%
  7. HUNTSVILLE ALA HEALTH CARE AUTH IAM COML PAPER 3/A2 1.4% 2.44%
  8. MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 1.26% 2.27%
  9. MIZUHO FLOATER / RESIDUAL TR VAR STS 1.29% 2.13%
  10. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.17% 2.13%

Asset Allocation

Weighting Return Low Return High MOMXX % Rank
Bonds
92.60% 0.00% 103.85% 5.83%
Cash
7.40% 0.00% 100.40% 93.79%
Stocks
0.00% 0.00% 0.00% 1.88%
Preferred Stocks
0.00% 0.00% 0.12% 1.98%
Other
0.00% -5.71% 100.00% 9.60%
Convertible Bonds
0.00% 0.00% 13.91% 8.75%

Bond Sector Breakdown

Weighting Return Low Return High MOMXX % Rank
Municipal
92.60% 0.00% 99.82% 5.08%
Cash & Equivalents
7.40% 0.00% 100.40% 94.07%
Derivative
0.00% 0.00% 1.58% 3.29%
Securitized
0.00% 0.00% 35.60% 15.43%
Corporate
0.00% 0.00% 17.24% 32.27%
Government
0.00% 0.00% 103.85% 62.84%

Bond Geographic Breakdown

Weighting Return Low Return High MOMXX % Rank
US
92.60% 0.00% 103.85% 5.83%
Non US
0.00% 0.00% 21.12% 19.76%

Expenses

MOMXX - Expenses

Operational Fees

MOMXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.30% 0.00% 6.36% 75.35%
Management Fee 0.15% 0.00% 0.57% 30.36%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 0.50% 74.58%

Sales Fees

MOMXX 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

MOMXX 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.

MOMXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 27434.00% 3.59%

Distributions

MOMXX - Distributions

Dividend Yield Analysis

MOMXX Category Low Category High MOMXX % Rank
Dividend Yield 0.88% 0.00% 3.55% 35.00%

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 1.30% 0.00% 4.52% 68.68%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MOMXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Jun 02, 2003

16.51

16.5%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.37 44.18 13.84 13.78