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BNY Mellon National Intermediate Municipal Bond Fund
mutual fund
MPNIX
Payout Change
Pending
Price as of:
$13.09
-0.01
-0.08%
primary theme
Municipal Bond
share class
MPNIX (Mutual Fund)
BNY Mellon National Intermediate Municipal Bond Fund
Payout Change
Pending
Price as of:
$13.09
-0.01
-0.08%
primary theme
Municipal Bond
share class
MPNIX (Mutual Fund)
BNY Mellon National Intermediate Municipal Bond Fund
Payout Change
Pending
Price as of:
$13.09
-0.01
-0.08%
primary theme
Municipal Bond
share class
Name
As of 12/11/2024Price
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
Vitals
YTD Return
2.7%
1 yr return
4.1%
3 Yr Avg Return
0.2%
5 Yr Avg Return
1.1%
Net Assets
$1.97 B
Holdings in Top 10
8.3%
52 WEEK LOW AND HIGH
$13.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 46.51%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
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
MPNIX - Profile
Distributions
- YTD Total Return 2.7%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.95%
- Dividend Yield 2.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBNY Mellon National Intermediate Municipal Bond Fund
-
Fund Family NameBNY Mellon Funds
-
Inception DateOct 16, 2000
-
Shares OutstandingN/A
-
Share ClassM
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn 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 will be between three and ten years and the average effective duration of the fund's portfolio will not exceed eight 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.
Although the fund seeks to provide income exempt from federal income tax, income from some of the fund's holdings may be subject to the federal alternative minimum tax.
The fund typically sells a security when the fund's portfolio managers believe 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 managers seek to manage the fund's duration or tax position or to provide liquidity to meet shareholder redemptions.
MPNIX - Performance
Return Ranking - Trailing
| Period | MPNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.7% | -4.5% | 38.3% | 75.89% |
| 1 Yr | 4.1% | -2.5% | 44.5% | 70.72% |
| 3 Yr | 0.2%* | -10.2% | 5.8% | 31.42% |
| 5 Yr | 1.1%* | -6.5% | 1104.9% | 38.43% |
| 10 Yr | 2.0%* | -0.9% | 249.0% | 37.20% |
* Annualized
Return Ranking - Calendar
| Period | MPNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.0% | -1.4% | 41.0% | 41.55% |
| 2022 | -9.3% | -39.7% | 0.3% | 29.35% |
| 2021 | -1.2% | -5.6% | 6.9% | 83.23% |
| 2020 | 2.2% | -2.6% | 310.0% | 29.27% |
| 2019 | 4.6% | 0.0% | 26.0% | 23.54% |
Total Return Ranking - Trailing
| Period | MPNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.7% | -4.5% | 38.3% | 75.89% |
| 1 Yr | 4.1% | -2.5% | 44.5% | 70.72% |
| 3 Yr | 0.2%* | -10.2% | 5.8% | 31.42% |
| 5 Yr | 1.1%* | -6.5% | 1104.9% | 38.43% |
| 10 Yr | 2.0%* | -0.9% | 249.0% | 37.20% |
* Annualized
Total Return Ranking - Calendar
| Period | MPNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.9% | -1.3% | 41.0% | 45.12% |
| 2022 | -7.2% | -39.7% | 1.1% | 27.78% |
| 2021 | 1.3% | -4.8% | 23761504.0% | 56.01% |
| 2020 | 4.2% | -1.5% | 17057.9% | 35.78% |
| 2019 | 7.3% | 0.2% | 3514.6% | 28.73% |
NAV & Total Return History
MPNIX - Holdings
Concentration Analysis
| MPNIX | Category Low | Category High | MPNIX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.97 B | 3.22 M | 71.9 B | 18.21% |
| Number of Holdings | 540 | 4 | 13418 | 24.31% |
| Net Assets in Top 10 | 152 M | -317 M | 3.09 B | 30.76% |
| Weighting of Top 10 | 8.30% | 1.8% | 100.3% | 86.56% |
Top 10 Holdings
- UNITED STATES TREASURY BILL 1.01%
- MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 0.97%
- KENTUCKY PUBLIC ENERGY AUTHORITY 0.88%
- STATE OF RHODE ISLAND 0.87%
- NEW YORK LIBERTY DEVELOPMENT CORP 0.84%
- STATE OF ILLINOIS SALES TAX REVENUE 0.82%
- CITY OF PORTLAND OR SEWER SYSTEM REVENUE 0.76%
- STATE OF WASHINGTON 0.73%
- GEISINGER AUTHORITY 0.72%
- TOBACCO SETTLEMENT FINANCING CORP 0.69%
Asset Allocation
| Weighting | Return Low | Return High | MPNIX % Rank | |
|---|---|---|---|---|
| Bonds | 100.72% | 0.00% | 150.86% | 14.43% |
| Cash | 2.31% | -50.86% | 44.62% | 27.54% |
| Stocks | 0.00% | 0.00% | 99.78% | 73.29% |
| Preferred Stocks | 0.00% | 0.00% | 0.07% | 68.10% |
| Convertible Bonds | 0.00% | 0.00% | 0.93% | 67.90% |
| Other | -0.31% | -3.69% | 53.54% | 99.26% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MPNIX % Rank | |
|---|---|---|---|---|
| Municipal | 99.66% | 44.39% | 100.00% | 25.29% |
| Cash & Equivalents | 2.31% | 0.00% | 44.41% | 21.02% |
| Securitized | 0.00% | 0.00% | 5.93% | 67.97% |
| Corporate | 0.00% | 0.00% | 9.41% | 71.00% |
| Government | 0.00% | 0.00% | 52.02% | 70.20% |
| Derivative | -0.31% | -3.69% | 53.54% | 99.33% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MPNIX % Rank | |
|---|---|---|---|---|
| US | 100.72% | 0.00% | 142.23% | 13.97% |
| Non US | 0.00% | 0.00% | 23.89% | 70.11% |
MPNIX - Expenses
Operational Fees
| MPNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.52% | 0.01% | 8.02% | 80.44% |
| Management Fee | 0.35% | 0.00% | 1.20% | 29.60% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 0.44% | 69.36% |
Sales Fees
| MPNIX 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
| MPNIX 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.
| MPNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 46.51% | 0.00% | 283.00% | 91.58% |
MPNIX - Distributions
Dividend Yield Analysis
| MPNIX | Category Low | Category High | MPNIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.79% | 0.00% | 14.51% | 62.15% |
Dividend Distribution Analysis
| MPNIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| MPNIX | Category Low | Category High | MPNIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.95% | -0.53% | 5.33% | 50.17% |
Capital Gain Distribution Analysis
| MPNIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.030 | OrdinaryDividend |
| Oct 31, 2024 | $0.030 | OrdinaryDividend |
| Sep 30, 2024 | $0.027 | OrdinaryDividend |
| Aug 30, 2024 | $0.032 | OrdinaryDividend |
| Jul 31, 2024 | $0.030 | OrdinaryDividend |
| Apr 30, 2024 | $0.028 | OrdinaryDividend |
| Mar 28, 2024 | $0.029 | OrdinaryDividend |
| Feb 29, 2024 | $0.027 | OrdinaryDividend |
| Jan 31, 2024 | $0.029 | OrdinaryDividend |
| Dec 29, 2023 | $0.030 | OrdinaryDividend |
| Nov 30, 2023 | $0.028 | OrdinaryDividend |
| Oct 31, 2023 | $0.030 | OrdinaryDividend |
| Sep 29, 2023 | $0.026 | OrdinaryDividend |
| Aug 31, 2023 | $0.029 | OrdinaryDividend |
| Jul 31, 2023 | $0.028 | OrdinaryDividend |
| Jun 30, 2023 | $0.027 | OrdinaryDividend |
| May 31, 2023 | $0.029 | OrdinaryDividend |
| Apr 28, 2023 | $0.025 | OrdinaryDividend |
| Mar 31, 2023 | $0.027 | OrdinaryDividend |
| Feb 28, 2023 | $0.025 | OrdinaryDividend |
| Jan 31, 2023 | $0.028 | OrdinaryDividend |
| Dec 30, 2022 | $0.026 | OrdinaryDividend |
| Nov 30, 2022 | $0.026 | OrdinaryDividend |
| Oct 31, 2022 | $0.026 | OrdinaryDividend |
| Sep 30, 2022 | $0.024 | OrdinaryDividend |
| Aug 31, 2022 | $0.026 | OrdinaryDividend |
| Jul 29, 2022 | $0.023 | OrdinaryDividend |
| Jun 30, 2022 | $0.023 | OrdinaryDividend |
| May 31, 2022 | $0.024 | OrdinaryDividend |
| Apr 29, 2022 | $0.021 | OrdinaryDividend |
| Mar 31, 2022 | $0.022 | OrdinaryDividend |
| Feb 28, 2022 | $0.020 | OrdinaryDividend |
| Jan 31, 2022 | $0.022 | OrdinaryDividend |
| Dec 31, 2021 | $0.022 | OrdinaryDividend |
| Dec 23, 2021 | $0.011 | CapitalGainShortTerm |
| Dec 23, 2021 | $0.057 | CapitalGainLongTerm |
| Nov 30, 2021 | $0.023 | OrdinaryDividend |
| Oct 29, 2021 | $0.021 | OrdinaryDividend |
| Sep 30, 2021 | $0.021 | OrdinaryDividend |
| Aug 31, 2021 | $0.023 | OrdinaryDividend |
| Jul 30, 2021 | $0.022 | OrdinaryDividend |
| Jun 30, 2021 | $0.024 | OrdinaryDividend |
| May 28, 2021 | $0.021 | OrdinaryDividend |
| Apr 30, 2021 | $0.022 | OrdinaryDividend |
| Mar 31, 2021 | $0.025 | OrdinaryDividend |
| Feb 26, 2021 | $0.021 | OrdinaryDividend |
| Jan 29, 2021 | $0.022 | OrdinaryDividend |
| Dec 31, 2020 | $0.024 | OrdinaryDividend |
| Dec 23, 2020 | $0.002 | CapitalGainShortTerm |
| Dec 23, 2020 | $0.049 | CapitalGainLongTerm |
| Nov 30, 2020 | $0.024 | OrdinaryDividend |
| Oct 30, 2020 | $0.023 | OrdinaryDividend |
| Sep 30, 2020 | $0.024 | OrdinaryDividend |
| Aug 31, 2020 | $0.025 | OrdinaryDividend |
| Apr 30, 2020 | $0.024 | OrdinaryDividend |
| Mar 31, 2020 | $0.026 | OrdinaryDividend |
| Jan 31, 2020 | $0.025 | OrdinaryDividend |
| Dec 31, 2019 | $0.026 | OrdinaryDividend |
| Nov 29, 2019 | $0.024 | OrdinaryDividend |
| Oct 31, 2019 | $0.026 | OrdinaryDividend |
| Sep 30, 2019 | $0.026 | OrdinaryDividend |
| Aug 30, 2019 | $0.025 | OrdinaryDividend |
| Jul 31, 2019 | $0.028 | OrdinaryDividend |
| Dec 28, 2017 | $0.002 | CapitalGainShortTerm |
| Dec 29, 2016 | $0.020 | CapitalGainShortTerm |
| Dec 29, 2016 | $0.072 | CapitalGainLongTerm |
| Dec 23, 2015 | $0.001 | CapitalGainShortTerm |
| Dec 23, 2015 | $0.001 | CapitalGainLongTerm |
| Dec 13, 2012 | $0.002 | CapitalGainShortTerm |
| Dec 13, 2012 | $0.053 | CapitalGainLongTerm |
| Dec 08, 2011 | $0.001 | CapitalGainLongTerm |
| Dec 11, 2008 | $0.007 | CapitalGainLongTerm |
MPNIX - Fund Manager Analysis
Managers
John Flahive
Start Date
Tenure
Tenure Rank
Oct 02, 2000
21.67
21.7%
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.
Mary O'Brien
Start Date
Tenure
Tenure Rank
Mar 31, 2006
16.18
16.2%
Mary Collette O'Brien, CFA, has been employed by Dreyfus since July 1996. She is a managing director of The Bank of New York Mellon, which she joined in April 1995. O'Brien is a member of the New York Society of Security Analysts. O'Brien holds the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.05 | 7.36 | 1.58 |
