BNY Mellon Municipal Bond Fund (DRTAX) Research
This fund aims to maximize current income free from federal income tax while also preserving capital. The portfolio typically allocates nearly all its net assets to municipal bonds that offer income exempt from federal taxation. A minimum of 75% of its holdings consist of municipal bonds rated A or better at the time of acquisition, or unrated bonds deemed comparable by the sub-adviser. While the average duration of the fund's bond portfolio usually extends beyond ten years, the management maintains the flexibility to invest without specific maturity restrictions.
Market snapshot
- Symbol
- DRTAX
- Price
- $10.86
- Day change
- 0.00%
- Market cap
- $912.0M
- 52-week range
- 10.02-10.91
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- CGM Realty Fund (CGMRX)
- Columbia Thermostat Fund (CTFAX)
- Fidelity Export and Multinational Fund (FEXPX)
- JPMorgan Tax Aware Equity Fund (JPDEX)
- JPMorgan Limited Duration Bond Fund (JUSUX)
- Victory Munder Mid-Cap Core Growth Fund (MGOAX)
- BlackRock Municipal Income Fund, Inc. (MUI)
- Nuveen Intermediate Duration Municipal Term Fund (NID)
Open BNY Mellon Municipal Bond Fund (DRTAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.