BNY Mellon Short Term Municipal Bond Fund (DSIBX)
BNY Mellon Short Term Municipal Bond Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Columbus, OH, US. The stock last traded at $12.91, up 0.08% on the session, giving a market capitalisation of $126.4M. Its beta of 0.28 implies it has historically moved less than the broad market.
The fund normally invests substantially all of its net assets in municipal bonds that provide income exempt from federal personal income tax. It 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 invests at least 80% of its net assets in municipal bonds rated, at the time of purchase, investment grade or the unrated equivalent as determined by the fund's sub-adviser.
BNY Mellon Short Term Municipal Bond Fund is most often compared with the following Financial Services names: