MOTIX: BNY Mellon Municipal Opportunities Fund - MutualFunds.com

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BNY Mellon Municipal Opportunities Inv

MOTIX - Snapshot

Vitals

  • YTD Return 0.7%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $2.28 B
  • Holdings in Top 10 7.6%

52 WEEK LOW AND HIGH

$13.68
$11.99
$13.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.94%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 75.12%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Mar 29, 2019
  • Standard (Taxable) $10,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Muni National Interm

Compare MOTIX to Popular Municipal Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$14.80

+0.07%

$78.56 B

-

$0.00

2.28%

-

$11.24

0.00%

$32.48 B

-

$0.00

1.44%

-

$13.56

0.00%

$24.26 B

-

$0.00

1.73%

-

$15.94

0.00%

$20.00 B

-

$0.00

0.57%

-

$116.89

+0.07%

$18.20 B

-

-

2.62%

-

MOTIX - Profile

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon Municipal Opportunities Fund
  • Fund Family Name
    BNY Mellon Funds
  • Inception Date
    Oct 15, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Flahive

Fund Description

To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in U.S. dollar-denominated fixed-income securities that provide income exempt from federal income tax (municipal bonds). It may invest up to 20% of its assets in taxable fixed-income securities, including taxable municipal bonds and non-U.S. dollar-denominated foreign debt securities such as Brady bonds and sovereign debt obligations. The fund is non-diversified.


MOTIX - Performance

Return Ranking - Trailing

Period MOTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -4.4% 307.0% 68.59%
1 Yr 1.7% -5.4% 5.8% 74.70%
3 Yr 3.9%* -0.6% 8.2% 18.94%
5 Yr 3.7%* -0.3% 6.9% 18.29%
10 Yr 4.4%* -0.1% 8.1% 14.77%

* Annualized

Return Ranking - Calendar

Period MOTIX Return Category Return Low Category Return High Rank in Category (%)
2019 4.5% -0.3% 15.4% 27.36%
2018 -0.9% -10.3% 97.2% 14.66%
2017 2.7% -100.0% 7.6% 16.45%
2016 -3.5% -7.9% 96.8% 81.59%
2015 -0.3% -4.8% 3.0% 55.99%

Total Return Ranking - Trailing

Period MOTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -4.4% 307.0% 67.67%
1 Yr 1.7% -8.3% 5.8% 49.00%
3 Yr 3.9%* -2.5% 8.2% 16.59%
5 Yr 3.7%* -1.5% 6.9% 16.14%
10 Yr 4.4%* -0.4% 8.1% 13.54%

* Annualized

Total Return Ranking - Calendar

Period MOTIX Return Category Return Low Category Return High Rank in Category (%)
2019 4.5% -0.3% 15.4% 27.84%
2018 -0.9% -10.3% 11.0% 18.14%
2017 2.7% -100.0% 7.6% 19.82%
2016 -3.5% -7.9% 3.0% 83.67%
2015 -0.3% -4.8% 4.0% 60.13%

NAV & Total Return History


MOTIX - Holdings

Concentration Analysis

MOTIX Category Low Category High MOTIX % Rank
Net Assets 2.28 B 611 K 78.6 B 15.85%
Number of Holdings 644 1 10805 16.85%
Net Assets in Top 10 172 M -199 M 3.97 B 26.94%
Weighting of Top 10 7.58% 2.5% 100.0% 90.15%

Top 10 Holdings

  1. CLIFTON TEX HIGHER ED FIN CORP ED REV 6.12% 0.91%
  2. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% 0.83%
  3. TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5% 0.81%
  4. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 0.78%
  5. CHICAGO ILL O HARE INTL ARPT REV 5% 0.77%
  6. NEW JERSEY ST TRANSN TR FD AUTH 5% 0.77%
  7. NEW YORK ST URBAN DEV CORP REV 3% 0.77%
  8. ILLINOIS ST 5% 0.72%
  9. MIAMI-DADE CNTY FLA SEAPORT REV 5.5% 0.68%
  10. AUSTIN TEX ARPT SYS REV 5% 0.67%

Asset Allocation

Weighting Return Low Return High MOTIX % Rank
Bonds
100.00% 0.00% 147.66% 14.42%
Stocks
0.00% 0.00% 1.80% 18.59%
Preferred Stocks
0.00% -0.98% 1.07% 14.60%
Other
0.00% -1.46% 12.83% 17.93%
Convertible Bonds
0.00% 0.00% 1.64% 14.99%
Cash
0.00% -47.66% 100.00% 79.82%

Bond Sector Breakdown

Weighting Return Low Return High MOTIX % Rank
Municipal
99.16% 0.00% 100.00% 45.60%
Corporate
0.58% 0.00% 12.97% 3.55%
Government
0.26% 0.00% 49.72% 2.82%
Derivative
0.00% 0.00% 2.16% 14.43%
Cash & Equivalents
0.00% 0.00% 100.00% 85.74%
Securitized
0.00% 0.00% 6.06% 16.18%

Bond Geographic Breakdown

Weighting Return Low Return High MOTIX % Rank
US
96.85% 0.00% 141.34% 52.76%
Non US
3.15% 0.00% 27.62% 22.21%

MOTIX - Expenses

Operational Fees

MOTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.94% 0.01% 4.23% 35.73%
Management Fee 0.50% 0.00% 1.10% 74.14%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.47% 56.80%

Sales Fees

MOTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

MOTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

MOTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 75.12% 0.00% 233.00% 92.84%

MOTIX - Distributions

Dividend Yield Analysis

MOTIX Category Low Category High MOTIX % Rank
Dividend Yield 0.00% 0.00% 3.55% 20.10%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MOTIX Category Low Category High MOTIX % Rank
Net Income Ratio 2.77% 0.00% 6.48% 30.69%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

MOTIX - Fund Manager Analysis

Managers

John Flahive


Start Date

Tenure

Tenure Rank

Oct 15, 2008

12.05

12.1%

John F. Flahive, CFA, has been employed by Dreyfus since November 1994. He is a senior vice president of The Bank of New York Mellon, which he joined in October 1994.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 35.61 7.61 2.84
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