BNY Mellon Opportunistic Municipal Securities Fund (PTEBX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PTEBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PTEBX
PTEBX charges 0.72% annually. There are 317 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | PTEBX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | PTEBX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | PTEBX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | PTEBX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | PTEBX vs FSMUX |
Best Risk-Adjusted Alternatives to PTEBX
PTEBX has a PortfoliosLab risk / return rank of 75. There are 139 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | PTEBX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | PTEBX vs ATOIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | PTEBX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | PTEBX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | PTEBX vs DFSMX |
Top Performing PTEBX Alternatives (YTD)
PTEBX is at 2.15% YTD. There are 85 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.22% | — | Apr 1998 | PTEBX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.70% | — | Nov 2002 | PTEBX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.62% | — | Nov 2001 | PTEBX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 6.57% | — | Oct 1992 | PTEBX vs MIY | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | PTEBX vs NPV |
Lowest Volatility Alternatives to PTEBX
PTEBX has 2.83% 1-year volatility. There are 286 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | PTEBX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | PTEBX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | PTEBX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | PTEBX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | PTEBX vs DFSMX |
Lowest Drawdown Alternatives to PTEBX
PTEBX has a 1-year max drawdown of -2.70%. There are 203 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | PTEBX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | PTEBX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | PTEBX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | PTEBX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | PTEBX vs FHMIX |
Other Mutual Funds from BNY Mellon
The 10 most viewed BNY Mellon mutual funds shown here include DREVX, PEOPX, DAGVX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BNY Mellon Large Cap Securities Fund | Large Cap Growth Equities | 35 | 7.10% | — | May 1951 | PTEBX vs DREVX | |
| BNY Mellon S&P 500 Index Fund | S&P 500 | 62 | 9.54% | — | Jan 1990 | PTEBX vs PEOPX | |
| BNY Mellon Dynamic Value Fund | Large Cap Value Equities | 83 | 15.61% | — | Sep 1995 | PTEBX vs DAGVX | |
| BNY Mellon Institutional S&P 500 Stock Index Fund | S&P 500 | 65 | 9.69% | — | Sep 1993 | PTEBX vs DSPIX | |
| BNY Mellon Dynamic Value Fund Class I | Large Cap Value Equities | 83 | 15.75% | — | May 2001 | PTEBX vs DRGVX | |
| BNY Mellon Natural Resources Fund Class A | Energy Equities | 61 | 18.41% | — | Oct 2003 | PTEBX vs DNLAX | |
| BNY Mellon Smallcap Stock Index Fund | Small Cap Blend Equities | 66 | 19.54% | — | Jun 1997 | PTEBX vs DISSX | |
| BNY Mellon Global Real Return Fund - Class I | Tactical Allocation | 76 | 6.21% | — | May 2010 | PTEBX vs DRRIX | |
| BNY Mellon Small/Mid Cap Growth Fund Class Y | Mid Cap Growth Equities | 16 | 12.61% | — | Jun 2013 | PTEBX vs DBMYX | |
| BNY Mellon Active MidCap Fund | Mid Cap Blend Equities | 54 | 13.68% | — | Jan 1985 | PTEBX vs DNLDX |
Often Compared With PTEBX
Investors most often compare PTEBX with DTGRX, FGNSX, MUJ. These 3 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BNY Mellon Technology Growth Fund | Technology Equities | 75 | 35.71% | — | Oct 1997 | PTEBX vs DTGRX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | PTEBX vs FGNSX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 51 | 5.45% | — | Mar 1998 | PTEBX vs MUJ |
Compare PTEBX with Any Fund or Stock
Compare PTEBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PTEBX with funds that move differently
BNY Mellon Opportunistic Municipal Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PTEBX.
Explore PTEBX Diversifiers