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Trending ETFs

BNY Mellon National Short-Term Municipal Bond Fund

mutual fund
MINSX
Payout Change
Pending
Price as of:
$12.72 -0.02 -0.16%
primary theme
Municipal Bond
share class
MINSX (Mutual Fund)

BNY Mellon National Short-Term Municipal Bond Fund

Payout Change
Pending
Price as of:
$12.72 -0.02 -0.16%
primary theme
Municipal Bond
share class
MINSX (Mutual Fund)

BNY Mellon National Short-Term Municipal Bond Fund

Payout Change
Pending
Price as of:
$12.72 -0.02 -0.16%
primary theme
Municipal Bond
share class

Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.72

$402 M

2.36%

$0.30

0.78%

Vitals

YTD Return

2.8%

1 yr return

5.4%

3 Yr Avg Return

0.9%

5 Yr Avg Return

1.0%

Net Assets

$402 M

Holdings in Top 10

19.9%

52 WEEK LOW AND HIGH

$12.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.78%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 66.89%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.72

$402 M

2.36%

$0.30

0.78%

MINSX - Profile

Distributions

  • YTD Total Return 2.8%
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon National Short-Term Municipal Bond Fund
  • Fund Family Name
    BNY Mellon Funds
  • Inception Date
    Jul 18, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Flahive

Fund Description

To pursue its goal, 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 personal income tax. Municipal bonds are debt securities or other obligations issued by states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies and authorities.

The fund's investments in municipal and taxable bonds must be rated investment grade (i.e., Baa/BBB or higher) at the time of purchase or, if unrated, deemed of comparable quality by BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). Generally, the fund's average effective portfolio maturity and the average effective duration of the fund's portfolio will be less than three years. The fund may invest in individual municipal and taxable bonds of any maturity or duration. A bond's maturity is the length of time until the principal must be fully repaid with interest. Average effective portfolio maturity is an average of the maturities of bonds held by the fund directly and the bonds underlying derivative instruments entered into by the fund, if any, adjusted to reflect provisions or market conditions that may cause a bond's principal to be repaid earlier than at its stated maturity. Duration is an indication of an investment's "interest rate risk," or how sensitive a bond or the fund's portfolio may be to changes in interest rates.

The fund typically sells a security when the fund's portfolio manager believes that there has been a negative change in the credit quality of the issuer or have identified a more attractive opportunity or when the portfolio manager seeks to manage the fund's duration or tax position or to provide liquidity to meet shareholder redemptions.

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MINSX - Performance

Return Ranking - Trailing

Period MINSX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% -1.5% 25.1% 65.30%
1 Yr 5.4% 2.6% 38.2% 95.69%
3 Yr 0.9%* -9.7% 3.5% 10.20%
5 Yr 1.0%* -6.6% 1104.9% 43.92%
10 Yr 0.8%* -0.8% 248.9% 91.11%

* Annualized

Return Ranking - Calendar

Period MINSX Return Category Return Low Category Return High Rank in Category (%)
2023 1.8% -1.4% 41.0% 79.97%
2022 -3.8% -39.7% 0.3% 4.52%
2021 -0.8% -5.6% 6.9% 68.14%
2020 0.7% -2.6% 310.0% 88.19%
2019 1.3% 0.0% 26.0% 95.15%

Total Return Ranking - Trailing

Period MINSX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% -1.5% 25.1% 65.30%
1 Yr 5.4% 2.6% 38.2% 95.69%
3 Yr 0.9%* -9.7% 3.5% 10.20%
5 Yr 1.0%* -6.6% 1104.9% 43.92%
10 Yr 0.8%* -0.8% 248.9% 91.11%

* Annualized

Total Return Ranking - Calendar

Period MINSX Return Category Return Low Category Return High Rank in Category (%)
2023 3.4% -1.3% 41.0% 93.01%
2022 -2.9% -39.7% 1.1% 5.74%
2021 0.1% -4.8% 23761504.0% 85.05%
2020 1.5% -1.5% 17057.9% 93.19%
2019 2.7% 0.2% 3514.6% 95.57%

NAV & Total Return History


MINSX - Holdings

Concentration Analysis

MINSX Category Low Category High MINSX % Rank
Net Assets 402 M 3.22 M 71.9 B 53.52%
Number of Holdings 173 4 13418 66.62%
Net Assets in Top 10 76.3 M -317 M 3.45 B 51.69%
Weighting of Top 10 19.88% 1.9% 100.1% 39.84%

Top 10 Holdings

  1. RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP 2.61%
  2. LANCASTER PORT AUTHORITY 2.56%
  3. COMMONWEALTH OF MASSACHUSETTS 2.53%
  4. PERMANENT UNIVERSITY FUND - UNIVERSITY OF TEXAS SYSTEM 2.50%
  5. SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT 1.94%
  6. LONG ISLAND POWER AUTHORITY 1.81%
  7. MICHIGAN STRATEGIC FUND 1.72%
  8. PROSPER INDEPENDENT SCHOOL DISTRICT 1.50%
  9. CITY OF SPRINGFIELD IL ELECTRIC REVENUE 1.36%
  10. TRIBOROUGH BRIDGE TUNNEL AUTHORITY 1.36%

Asset Allocation

Weighting Return Low Return High MINSX % Rank
Bonds
101.46% 0.00% 150.86% 8.09%
Stocks
0.00% 0.00% 99.89% 27.92%
Preferred Stocks
0.00% 0.00% 0.08% 16.19%
Other
0.00% -3.72% 51.88% 26.54%
Convertible Bonds
0.00% 0.00% 0.93% 15.39%
Cash
0.00% -50.86% 43.45% 86.60%

Bond Sector Breakdown

Weighting Return Low Return High MINSX % Rank
Municipal
93.07% 44.39% 100.00% 88.07%
Derivative
0.00% -3.72% 51.88% 23.49%
Cash & Equivalents
0.00% 0.00% 43.45% 63.04%
Securitized
0.00% 0.00% 5.93% 17.19%
Corporate
0.00% 0.00% 9.41% 32.58%
Government
0.00% 0.00% 52.02% 22.12%

Bond Geographic Breakdown

Weighting Return Low Return High MINSX % Rank
US
101.46% 0.00% 142.23% 8.10%
Non US
0.00% 0.00% 23.89% 20.17%

MINSX - Expenses

Operational Fees

MINSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.78% 0.01% 8.02% 44.49%
Management Fee 0.35% 0.00% 1.20% 25.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.44% 54.69%

Sales Fees

MINSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

MINSX 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.

MINSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 66.89% 0.00% 283.00% 96.46%

MINSX - Distributions

Dividend Yield Analysis

MINSX Category Low Category High MINSX % Rank
Dividend Yield 2.36% 0.00% 14.51% 92.04%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MINSX Category Low Category High MINSX % Rank
Net Income Ratio 0.85% -0.53% 5.33% 90.66%

Capital Gain Distribution Analysis

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

Distributions History

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MINSX - Fund Manager Analysis

Managers

John Flahive


Start Date

Tenure

Tenure Rank

Sep 15, 2015

6.71

6.7%

John F. Flahive, CFA, has been employed by Dreyfus since November 1994. He is a senior vice president of The Bank of New York Mellon, which he joined in October 1994.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.33 1.58