Address And Details

255 Liberty Street , New York, NY 10286
Fund Manager Jeffrey Burger
Manager Tenure 11 Years 9 Months

Strategy And Objective

The fund seeks as high a level of current income, exempt from federal and California state income taxes, as is consistent with the preservation of capital. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide incomeexempt from federal and California state income taxes and the federal alternative minimum 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 multistateagencies and authorities, and certain other specified securities. The fund invests at least 80% of its assets in municipal bonds rated, at the time of purchase, investment grade (i.e., Baa/BBB or higher) or the unrated equivalent asdetermined by BNY Mellon Investment Adviser, Inc. For additional yield, the fund may invest up to 20% of its assets in municipal bonds rated below investmentgrade ("high yield" or "junk" bonds) or the unrated equivalent as determined by BNY Mellon Investment Adviser, Inc. The dollar-weighted average maturity of thfund's portfolio normally exceeds ten years, but the fund may invest without regard to maturity. A bond's maturity is the length of time until the principal must be fully repaid with interest. Dollarweighted average maturity is an average of the stated maturities of the bonds held by the fund, based on their dollar-weighted proportions in the fund.

Net Asset Value

as of 4:55 PM ET 09/16/2021


  • 1 Week
  • 0.00%
  • 1 Month
  • -0.33%
  • 3 Months
  • -0.46%
  • 1 Yr Return
  • +1.20%
  • 5 Yr Return
  • -2.81%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 102.45%
Stocks 0.00%
Cash 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -2.45%
Total Net Assets 6.83 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -2.30 -1.89 -1.59
Beta 1.11 1.11 1.19
R Squared 0.97 0.97 0.97
Std Deviation 4.54 4.40 4.35
Sharpe Ratio 0.47 0.13 n/a

Purchase Information

as of 4:53 PM ET 09/13/2021
Minimum Initial $1000
Minimum Additional $100
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +2.98%
  • +4.48%
+2.98% +4.48%
3 Year
  • +3.21%
  • +3.12%
+3.21% +3.12%
10 Year
  • +3.10%
  • +3.34%
+3.10% +3.34%
Life Of Fund
  • +2.98%
  • +2.98%
+2.98% +2.98%

Top 10 Holdings

Symbol Company Name % Of Assets

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