Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
BNY Mellon Municipal Opportunities M MOTMX
- NAV / 1-Day Return 12.70 / +0.18 %
- Total Assets 2.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.750%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 3.38%
- Effective Duration 6.53 years
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:16 PM GMT+0
Morningstar’s Analysis MOTMX
Will MOTMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 6.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 8% | 0.98 | 20.3 Mil | municipal |
CLIFTON TEX HIGHER ED FIN CORP ED REV 6.125% | 0.88 | 18.3 Mil | municipal |
INTERMOUNTAIN PWR AGY UTAH PWR SUPPLY REV 5% | 0.80 | 16.5 Mil | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | 0.76 | 15.7 Mil | municipal |
AUSTIN TEX ARPT SYS REV 5% | 0.65 | 13.4 Mil | municipal |
HAMPTON RDS TRANSN ACCOUNTABILITY COMMN VA HAMPTON RDS TRANSN FD REV 4% | 0.61 | 12.7 Mil | municipal |
MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5% | 0.60 | 12.4 Mil | municipal |
UNIVERSITY TEX PERM UNIV FD 5% | 0.56 | 11.6 Mil | municipal |
United States Treasury Bills 5.32861% | 0.56 | 11.6 Mil | Government |
WASHINGTON ST 5% | 0.54 | 11.3 Mil | municipal |