PTEBX

About PTEBX

BNY Mellon Opportunistic Municipal Securities Fund Class A is an open-end mutual fund focused on providing current income that is exempt from federal income tax, while also seeking to preserve capital. The fund primarily invests at least 80% of its net assets in tax-exempt municipal bonds, with a concentration of at least 70% in investment-grade securities rated Baa/BBB or higher at the time of purchase. Its strategy spans various states and sectors, supporting public infrastructure and development projects. By diversifying holdings across 233 bonds as of its latest reporting, the fund aims to minimize risk tied to any specific issuer or region. Classified in the 'Muni National Long' category, it typically holds bonds with longer maturities exceeding 12 years, which can offer attractive yields for investors looking for stable, tax-advantaged income. Managed by BNY Mellon Investment Adviser Inc., the fund tracks the Bloomberg Municipal Bond Index as its performance benchmark and features monthly income distribution, targeting both retail and institutional investors who seek long-term tax-exempt fixed income exposure in their portfolios.