Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
BNY Mellon Natl Interm Muni Bd Inv MINMX
- NAV / 1-Day Return 12.87 / −0.23 %
- Total Assets 1.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.770%
- Distribution Fee Level High
- Share Class Type No Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 2.39%
- Effective Duration 4.64 years
USD | NAV as of May 21, 2024 | 1-Day Return as of May 21, 2024, 12:03 AM GMT+0
Morningstar’s Analysis MINMX
Will MINMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MARICOPA CNTY ARIZ INDL DEV AUTH REV 5% | 0.92 | 18.0 Mil | municipal |
HOUSTON TEX UTIL SYS REV 4.5% | 0.86 | 16.8 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 0.82 | 16.1 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | 0.82 | 16.0 Mil | municipal |
RHODE ISLAND ST 5% | 0.82 | 16.0 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | 0.79 | 15.4 Mil | municipal |
WHITING IND ENVIRONMENTAL FACS REV 5% | 0.75 | 14.7 Mil | municipal |
ENERGY NORTHWEST WASH ELEC REV 5% | 0.73 | 14.3 Mil | municipal |
PORTLAND ORE SWR SYS REV 4.5% | 0.71 | 13.8 Mil | municipal |
WASHINGTON ST 5% | 0.69 | 13.4 Mil | municipal |