BNY Mellon AMT-Free Municipal Bond Fund – Class I is an open-end municipal bond mutual fund designed to deliver federally tax-exempt income while preserving capital. The fund primarily holds investment-grade municipal securities, investing at least a majority of assets in bonds rated A or higher or comparable unrated issues, and seeks to avoid exposure that would trigger the federal alternative minimum tax. It focuses on the national intermediate-term muni market, providing diversified exposure across state and local issuers that finance public-purpose projects such as transportation, utilities, education, and healthcare. Managed within a disciplined credit and duration framework, the portfolio emphasizes high-quality issuers to support stability of income and principal. The fund distributes income monthly and maintains a broad holdings base to mitigate issuer-specific risk. With a long operating history since 2008 and a competitive expense profile for its share class, BNY Mellon AMT-Free Municipal Bond Fund – Class I serves as a core tax-exempt fixed income allocation for investors seeking steady, federally tax-exempt cash flows and diversified municipal market exposure.
See your Portfolio Score and get data driven insights in ~60 seconds.
Opens in PortfolioPilot
Based on technical indicators and chart patterns, DMBIX shows...
Market sentiment analysis indicates...