DMBVX

About DMBVX

BNY Mellon Opportunistic Municipal Securities Fund Class I is an open-end mutual fund focused on generating current income that is exempt from federal income tax. The fund primarily invests at least 70% of its net assets in municipal bonds that are rated investment grade or, if unrated, are determined to be of comparable quality at the time of purchase. The portfolio is almost exclusively positioned in bonds, reflecting its dedication to municipal fixed-income securities. This fund falls within the 'Muni national long' Morningstar category, meaning it invests in municipal bonds issued by various U.S. state and local governments, which are often used to finance public projects such as schools, roads, and infrastructure. The fund plays a role in providing tax-advantaged income for investors seeking exposure to municipal credit markets while emphasizing preservation of capital. By benchmarking against indices like the Bloomberg or Barclays Municipal Bond Index, the fund measures its performance relative to the broader municipal securities landscape, making it significant for income-focused, tax-sensitive investors and institutions.