DMUCX

About DMUCX

BNY Mellon AMT-Free Municipal Bond Fund Class C is a mutual fund focused on providing income that is exempt from federal income tax and the federal alternative minimum tax. The fund primarily invests in a diversified portfolio of municipal bonds issued by various state and local governments, which are used to finance public projects such as schools, transportation infrastructure, and utilities. Targeting the muni national intermediate category, it typically maintains a portfolio duration of 4 to 6 years and includes bonds with average maturities ranging from five to twelve years. The fund seeks to lower risk by diversifying across many states and municipal sectors. With assets totaling approximately $1.2 billion and a minimum investment requirement of $1,000, the fund distributes income monthly. It is managed with the objective of preserving investor capital while generating tax-advantaged income. The performance history of this fund has seen periods of both positive and negative returns, reflecting sensitivities to interest-rate changes and broader municipal bond market conditions. BNY Mellon AMT-Free Municipal Bond Fund Class C plays a significant role for investors seeking federally tax-exempt income and broad municipal market exposure within their fixed income allocation.