BNY Mellon Municipal Opportunities Fund (MOTIX)
The investment seeks to maximize total return consisting of high current income exempt from federal income tax and capital appreciation. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in U.S. dollar-denominated fixed-income securities that provide income exempt from federal income tax (municipal bonds). It may invest up to 20% of its assets in taxable fixed-income securities, including taxable municipal bonds and non-U.S. dollar-denominated foreign debt securities such as Brady bonds and sovereign debt obligations.
Fund Info
US05569M4832
05569M483
Oct 14, 2008
$10,000
Expense Ratio
MOTIX features an expense ratio of 0.90%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon Municipal Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BNY Mellon Municipal Opportunities Fund had a return of 0.21% year-to-date (YTD) and 3.40% in the last 12 months. Over the past 10 years, BNY Mellon Municipal Opportunities Fund had an annualized return of 2.38%, while the S&P 500 had an annualized return of 11.29%, indicating that BNY Mellon Municipal Opportunities Fund did not perform as well as the benchmark.
MOTIX
0.21%
0.77%
0.49%
3.40%
0.75%
2.38%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MOTIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.21% | 0.21% | |||||||||||
| 2024 | 0.46% | 0.33% | 0.18% | -1.02% | 0.12% | 1.79% | 0.83% | 0.61% | 1.03% | -1.24% | 1.62% | -1.31% | 3.41% |
| 2023 | 3.37% | -2.18% | 1.35% | 0.08% | -0.22% | 0.92% | 0.34% | -1.21% | -2.83% | -1.59% | 6.84% | 2.46% | 7.17% |
| 2022 | -2.75% | -0.79% | -3.38% | -3.20% | 1.44% | -2.70% | 2.67% | -1.97% | -3.82% | -1.00% | 5.16% | -1.46% | -11.56% |
| 2021 | 1.49% | -1.60% | 0.94% | 1.20% | 0.68% | 0.56% | 0.68% | -0.51% | -0.96% | -0.39% | 0.99% | -0.02% | 3.05% |
| 2020 | 1.86% | 1.59% | -7.06% | -2.39% | 3.63% | 2.38% | 2.10% | -0.22% | -0.30% | -0.09% | 2.23% | 1.38% | 4.76% |
| 2019 | 0.57% | 0.93% | 1.46% | 0.78% | 1.00% | 0.22% | 0.71% | 1.56% | -0.57% | 0.02% | 0.30% | 0.32% | 7.52% |
| 2018 | -0.40% | -0.05% | 0.33% | 0.06% | 1.05% | 0.49% | 0.51% | 0.26% | -0.38% | -0.58% | 0.41% | 0.57% | 2.28% |
| 2017 | 0.43% | 0.64% | 0.19% | 0.55% | 1.38% | 0.02% | 1.02% | 0.77% | -0.08% | -0.04% | -0.20% | 1.02% | 5.87% |
| 2016 | -0.10% | -0.17% | 0.67% | 0.87% | 0.75% | 1.17% | -0.12% | 0.74% | -0.26% | -0.77% | -3.65% | 0.67% | -0.29% |
| 2015 | 1.16% | -0.74% | 0.40% | -0.72% | -0.50% | -0.24% | 0.44% | 0.06% | 0.36% | 0.82% | 0.97% | 0.97% | 2.99% |
| 2014 | 1.71% | 1.48% | 0.80% | 1.31% | 1.62% | -0.18% | 0.28% | 1.59% | 0.50% | 0.51% | 0.02% | 1.06% | 11.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MOTIX is 46, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Municipal Opportunities Fund (MOTIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BNY Mellon Municipal Opportunities Fund provided a 3.18% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.39 | $0.39 | $0.34 | $0.32 | $0.36 | $0.39 | $0.41 | $0.40 | $0.44 | $0.43 | $0.45 |
Dividend yield | 3.18% | 3.16% | 3.09% | 2.87% | 2.29% | 2.60% | 2.85% | 3.18% | 3.04% | 3.43% | 3.22% | 3.36% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Municipal Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2023 | $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 |
| 2022 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2018 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.41 |
| 2017 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.40 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.45 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon Municipal Opportunities 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 Opportunities Fund was 16.12%, occurring on Oct 26, 2022. The portfolio has not yet recovered.
The current BNY Mellon Municipal Opportunities Fund drawdown is 2.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.12% | Jul 14, 2021 | 326 | Oct 26, 2022 | — | — | — |
| -14.3% | Mar 2, 2020 | 15 | Mar 20, 2020 | 177 | Dec 1, 2020 | 192 |
| -9.26% | Oct 6, 2009 | 324 | Jan 18, 2011 | 224 | Dec 6, 2011 | 548 |
| -9.19% | Dec 4, 2012 | 190 | Sep 5, 2013 | 247 | Aug 28, 2014 | 437 |
| -5.33% | Nov 20, 2008 | 17 | Dec 15, 2008 | 13 | Jan 5, 2009 | 30 |
Volatility
Volatility Chart
The current BNY Mellon Municipal Opportunities Fund volatility is 1.04%, 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.