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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.65

$143 M

1.47%

$0.19

0.51%

Vitals

YTD Return

0.1%

1 yr return

2.0%

3 Yr Avg Return

-0.3%

5 Yr Avg Return

0.7%

Net Assets

$143 M

Holdings in Top 10

22.9%

52 WEEK LOW AND HIGH

$12.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.51%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 31.30%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.65

$143 M

1.47%

$0.19

0.51%

DSIBX - Profile

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return -0.3%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.79%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon Short Term Municipal Bond Fund
  • Fund Family Name
    Dreyfus
  • Inception Date
    Jan 03, 1994
  • Shares Outstanding
    N/A
  • Share Class
    D
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Casey

Fund Description

To pursue its goal, the fund normally invests substantially all (at least 80%) of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal personal income tax. Municipal bonds are debt securities or other obligations issued by states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies and authorities, and certain other specified securities.

The fund invests at least 80% of its net assets in municipal bonds rated, at the time of purchase, investment grade (Baa/BBB or higher) or the unrated equivalent as determined by Insight North America LLC, the fund's sub-adviser. For additional yield, the fund may invest up to 20% of its net assets in municipal bonds rated, at the time of purchase, below investment grade ("high yield" or "junk" bonds) to as low as Caa/CCC or the unrated equivalent as determined by the fund's sub-adviser.The fund invests principally in municipal bonds with remaining maturities of five years or less and generally maintains a dollar-weighted average portfolio maturity of one to three years.

The fund's sub-adviser focuses on identifying undervalued sectors and securities. To select municipal bonds for the fund, the sub-adviser uses fundamental credit analysis to estimate the relative value and attractiveness of various sectors and securities and actively trades among various sectors and securities based on their apparent relative values. The fund seeks to invest in several different sectors, and does not seek to overweight any particular sector but may do so depending on each sector's relative value at a given time. A rigorous sell discipline is employed to continuously evaluate all fund holdings. Current holdings may become sell candidates if creditworthiness is deteriorating, if bonds with better risk and return characteristics become available, or if the holding no longer meets the sub-adviser's strategic or structural objectives.

Although the fund seeks to provide income exempt from federal income tax, interest from some of the fund's holdings may be subject to the federal alternative minimum tax.

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DSIBX - Performance

Return Ranking - Trailing

Period DSIBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -2.7% 12.2% 42.89%
1 Yr 2.0% -3.0% 38.5% 85.33%
3 Yr -0.3%* -10.3% 3.3% 26.90%
5 Yr 0.7%* -5.7% 1102.9% 68.56%
10 Yr 0.8%* -0.2% 248.3% 95.14%

* Annualized

Return Ranking - Calendar

Period DSIBX Return Category Return Low Category Return High Rank in Category (%)
2023 1.8% -1.4% 41.0% 77.59%
2022 -4.4% -39.7% 0.3% 6.44%
2021 -1.1% -5.6% 6.9% 77.05%
2020 1.2% -2.6% 310.0% 76.34%
2019 1.6% 0.0% 26.0% 94.17%

Total Return Ranking - Trailing

Period DSIBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -2.7% 12.2% 42.89%
1 Yr 2.0% -3.0% 38.5% 85.33%
3 Yr -0.3%* -10.3% 3.3% 26.90%
5 Yr 0.7%* -5.7% 1102.9% 68.56%
10 Yr 0.8%* -0.2% 248.3% 95.14%

* Annualized

Total Return Ranking - Calendar

Period DSIBX Return Category Return Low Category Return High Rank in Category (%)
2023 3.1% -1.3% 41.0% 96.50%
2022 -3.6% -39.7% 1.1% 8.08%
2021 -0.1% -4.8% 23761504.0% 89.95%
2020 2.5% -1.5% 17057.9% 84.31%
2019 3.2% 0.2% 3514.6% 92.58%

NAV & Total Return History


DSIBX - Holdings

Concentration Analysis

DSIBX Category Low Category High DSIBX % Rank
Net Assets 143 M 3.48 M 68.1 B 75.37%
Number of Holdings 99 2 12848 85.44%
Net Assets in Top 10 34.2 M -317 M 3.4 B 73.90%
Weighting of Top 10 22.93% 1.9% 100.4% 28.18%

Top 10 Holdings

  1. CITY OF PHILADELPHIA PA 3.43%
  2. MARYLAND HEALTH HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.72%
  3. METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO 2.56%
  4. INDIANA FINANCE AUTHORITY 2.14%
  5. PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY 2.14%
  6. PIEDMONT MUNICIPAL POWER AGENCY 2.12%
  7. METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE 2.02%
  8. INDIANA FINANCE AUTHORITY 2.00%
  9. STATE OF OHIO 1.93%
  10. CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY/THE 1.87%

Asset Allocation

Weighting Return Low Return High DSIBX % Rank
Bonds
99.43% 0.00% 150.86% 24.66%
Cash
0.57% -50.86% 50.09% 76.35%
Stocks
0.00% 0.00% 99.80% 29.56%
Preferred Stocks
0.00% 0.00% 0.52% 19.65%
Other
0.00% -8.54% 33.35% 27.26%
Convertible Bonds
0.00% 0.00% 0.93% 19.73%

Bond Sector Breakdown

Weighting Return Low Return High DSIBX % Rank
Municipal
99.21% 44.39% 100.00% 35.77%
Derivative
0.00% -8.54% 23.38% 24.16%
Cash & Equivalents
0.00% 0.00% 48.02% 65.85%
Securitized
0.00% 0.00% 5.93% 20.83%
Corporate
0.00% 0.00% 9.41% 33.25%
Government
0.00% 0.00% 52.02% 26.13%

Bond Geographic Breakdown

Weighting Return Low Return High DSIBX % Rank
US
99.43% 0.00% 142.23% 22.68%
Non US
0.00% 0.00% 23.89% 27.84%

DSIBX - Expenses

Operational Fees

DSIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.51% 0.01% 20.65% 81.10%
Management Fee 0.25% 0.00% 1.20% 9.21%
12b-1 Fee 0.10% 0.00% 1.00% 18.71%
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

DSIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

DSIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DSIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.30% 0.00% 283.00% 81.29%

DSIBX - Distributions

Dividend Yield Analysis

DSIBX Category Low Category High DSIBX % Rank
Dividend Yield 1.47% 0.00% 14.36% 94.59%

Dividend Distribution Analysis

DSIBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

DSIBX Category Low Category High DSIBX % Rank
Net Income Ratio 0.79% -0.53% 5.33% 91.72%

Capital Gain Distribution Analysis

DSIBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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DSIBX - Fund Manager Analysis

Managers

Thomas Casey


Start Date

Tenure

Tenure Rank

Apr 21, 2011

11.12

11.1%

Thomas C. Casey Director, Senior Portfolio Manager Tom is a senior portfolio manager for US Municipal Bond strategies. He is responsible for managing US Municipal Bond portfolios for institutional, insurance and high net worth clients. Previously, Tom worked as a trader and a portfolio analyst on the US Municipal team. Prior to joining the firm in 1993, Tom worked as an analyst at State Street Bank & Trust Company. Tom has been in the investment industry since 1988. Tom earned an MBA and a BA from Boston College.

Jeffrey Burger


Start Date

Tenure

Tenure Rank

Feb 02, 2012

10.33

10.3%

Jeffrey Burger, CFA Director, Senior Portfolio Manager Jeffrey is a senior portfolio manager for US Municipal Bond strategies. He is responsible for managing US Municipal Bond strategies for institutional, high net worth and mutual fund clients. Previously, he served as a senior analyst for the firm, specializing in land-secured and special tax bonds. Prior to joining the firm in 2009, Jeffrey worked at Columbia Management as a portfolio manager and senior research analyst and at Fitch Ratings as a senior-level analyst. He is a former chairman and member of the executive committee and board of governors for the National Federation of Municipal Analysts. He is also a former president of the Boston Municipal Analysts Forum. Jeffrey has been in the investment industry since 1998. Jeffrey earned an MPA from the Maxwell School of Citizenship and Public Affairs at Syracuse University and a BA degree, cum laude, in policy studies and public relations from Syracuse University. He holds the CFA® designation and is a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.36 1.58