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BNY Mellon Municipal Bond Fund (DRTAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US05588B1044

CUSIP

05588B104

Issuer

BNY Mellon

Inception Date

Oct 3, 1976

Min. Investment

$2,500

Asset Class

Bond

Expense Ratio

DRTAX features an expense ratio of 0.73%, falling within the medium range.


Expense ratio chart for DRTAX: current value at 0.73% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.73%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
DRTAX vs. FDMMX
Popular comparisons:
DRTAX vs. FDMMX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BNY Mellon Municipal Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


DRTAX (BNY Mellon Municipal Bond Fund)
Benchmark (^GSPC)

Returns By Period


DRTAX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of DRTAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.30%0.04%0.43%
20232.81%-2.20%1.85%-0.19%-0.19%0.89%0.14%-1.07%-2.94%-1.56%6.54%2.25%6.14%
2022-2.56%-0.68%-3.00%-2.93%1.14%-2.07%2.63%-2.23%-3.80%-1.22%4.58%-0.06%-10.05%
20210.80%-1.54%0.72%0.94%0.51%0.37%0.68%-0.37%-0.80%-0.23%0.86%0.09%2.01%
20201.81%1.52%-5.15%-2.10%3.12%1.68%1.65%-0.04%0.04%-0.21%1.72%0.81%4.67%
20190.69%0.56%1.61%0.50%1.52%0.38%0.75%1.72%-0.77%0.06%0.21%0.31%7.78%
2018-1.09%-0.46%0.23%-0.27%1.29%0.07%0.28%0.10%-0.73%-0.61%0.59%0.95%0.30%
20170.54%0.76%0.27%0.67%1.74%-0.26%0.60%0.84%-0.27%0.08%-0.36%0.72%5.45%
20161.10%0.02%0.52%0.84%0.27%1.74%-0.17%0.27%-0.49%-1.15%-4.20%1.13%-0.26%
20151.87%-1.25%0.37%-0.57%-0.33%-0.22%0.89%0.28%0.61%0.52%0.53%0.87%3.59%
20142.14%1.62%0.23%1.35%1.86%-0.14%-0.06%1.49%0.09%0.70%0.09%0.73%10.52%
20130.50%0.39%-0.25%1.00%-1.25%-3.04%-1.11%-1.91%2.23%0.87%-0.39%-0.53%-3.54%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BNY Mellon Municipal Bond Fund (DRTAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
No data
DRTAX
^GSPC

There is not enough data available to calculate the Sharpe ratio for BNY Mellon Municipal Bond Fund. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.


Rolling 12-month Sharpe Ratio
DRTAX (BNY Mellon Municipal Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

BNY Mellon Municipal Bond Fund provided a 0.94% dividend yield over the last twelve months, with an annual payout of $0.10 per share.


2.20%2.40%2.60%2.80%$0.00$0.10$0.20$0.30$0.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.10$0.30$0.28$0.35$0.37$0.41$0.34$0.33$0.37$0.39$0.40$0.39

Dividend yield

0.94%2.22%2.12%2.36%2.44%2.79%2.40%2.26%2.59%2.63%2.75%2.86%

Monthly Dividends

The table displays the monthly dividend distributions for BNY Mellon Municipal Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.02$0.03$0.08
2023$0.03$0.02$0.03$0.02$0.03$0.02$0.03$0.03$0.02$0.03$0.03$0.03$0.30
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.28
2021$0.02$0.02$0.03$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.10$0.35
2020$0.03$0.02$0.03$0.03$0.02$0.03$0.03$0.03$0.02$0.02$0.02$0.09$0.37
2019$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.12$0.41
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.33
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.37
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.39
2014$0.04$0.03$0.04$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.40
2013$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.39

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


DRTAX (BNY Mellon Municipal Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BNY Mellon Municipal Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BNY Mellon Municipal Bond Fund was 14.88%, occurring on Oct 25, 2022. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.88%Aug 6, 2021308Oct 25, 2022
-13.85%Mar 9, 1987159Oct 15, 198797Feb 29, 1988256
-13.76%Oct 18, 1993286Nov 21, 1994140Jun 5, 1995426
-13.47%Jan 24, 2008227Dec 16, 2008169Aug 19, 2009396
-11.87%Mar 10, 20209Mar 20, 2020170Nov 19, 2020179

Volatility

Volatility Chart

The current BNY Mellon Municipal Bond Fund volatility is 0.65%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


DRTAX (BNY Mellon Municipal Bond Fund)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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