DHYCX Performance — BNY Mellon High Yield Municipal Bond Fund, Class C
Data updated: 2026-07-24
DHYCX returned +2.46% year to date and +7.33% over one year to May 2026. Annualised returns are +3.57% over 3 years and −1.17% over 5 years. Against its High Yield Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $111, against $126 for the category, and to $107 over one year, against $107. Volatility over the past three years was 8.08% a year. In the 12 months to May 2026 the fund lost a net $32.2M, and assets reached $176.52M.
DHYCX Growth of $100
What $100 invested in BNY Mellon High Yield Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | DHYCX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $111 | $126 |
| 5 years (Jun 2021 – May 2026) | $94 | $120 |
| Since data start (Sep 2019 – May 2026) | $100 | $132 |
DHYCX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.46% |
| 1 year | +7.33% |
| 3 years (annualised) | +3.57% |
| 5 years (annualised) | −1.17% |
DHYCX Annual Returns
Calendar-year total returns of BNY Mellon High Yield Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +2.46% |
| 2025 | +0.25% |
| 2024 | +3.40% |
| 2023 | +6.35% |
| 2022 | −17.60% |
| 2021 | +5.17% |
| 2020 | +1.88% |
| 2019 (Sep–Dec) | +0.17% |
DHYCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +1.9% | −2.4% | +1.7% | +0.6% | — | — | — | — | — | — | — |
| 2025 | +0.3% | +1.2% | −2.9% | −2.0% | −0.9% | +0.5% | −1.8% | +0.7% | +3.8% | +1.6% | +0.2% | −0.4% |
| 2024 | +0.4% | +0.6% | +0.5% | −2.1% | +0.5% | +2.6% | +0.9% | +0.2% | +1.8% | −1.8% | +1.9% | −2.2% |
| 2023 | +4.3% | −3.4% | +1.5% | +0.3% | −0.9% | +1.6% | +0.1% | −1.8% | −4.2% | −2.6% | +8.7% | +3.3% |
| 2022 | −3.4% | −1.0% | −4.3% | −4.2% | +1.0% | −4.0% | +4.1% | −2.7% | −6.9% | −2.6% | +6.6% | −0.9% |
| 2021 | +2.0% | −1.6% | +1.0% | +1.4% | +1.0% | +1.1% | +1.0% | −0.6% | −1.2% | −0.5% | +1.2% | +0.2% |
| 2020 | +1.8% | +2.0% | −12.3% | −3.6% | +3.9% | +4.5% | +2.7% | +0.3% | −0.2% | −0.1% | +2.4% | +1.5% |
| 2019 | — | — | — | — | — | — | — | — | −0.5% | −0.1% | +0.3% | +0.5% |
DHYCX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 8.08%
- 3-year Sharpe ratio: -0.12 (vs 4.5% risk-free rate)
- Best month: +8.70% (Nov 2023)
- Worst month: −4.15% (Sep 2023)
DHYCX Fund Flows
Monthly money in and out of BNY Mellon High Yield Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$32.2M
- 12-month gross sales (incl. reinvestments): $59.1M
- Sales ÷ redemptions: 0.65×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $5.5M | $3.0M | $2.4M |
| Apr 2026 | $8.1M | $5.8M | $2.3M |
| Mar 2026 | $5.4M | $3.2M | $2.2M |
| Feb 2026 | $3.0M | $6.3M | −$3.3M |
| Jan 2026 | $6.4M | $7.1M | −$674K |
| Dec 2025 | $4.8M | $11.2M | −$6.4M |
| Nov 2025 | $2.5M | $8.8M | −$6.3M |
| Oct 2025 | $4.3M | $6.8M | −$2.5M |
| Sep 2025 | $8.0M | $9.4M | −$1.4M |
| Aug 2025 | $4.8M | $12.8M | −$8.0M |
| Jul 2025 | $3.5M | $9.2M | −$5.8M |
| Jun 2025 | $2.9M | $7.7M | −$4.8M |
DHYCX Assets Under Management
Net assets of BNY Mellon High Yield Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $176.52M |
| 2026-02-28 | $171.35M |
| 2025-11-30 | $179.15M |
| 2025-08-31 | $180.41M |
| 2025-05-31 | $201.70M |
| 2025-02-28 | $228.27M |
| 2024-11-30 | $233.08M |
| 2024-08-31 | $239.46M |
| 2024-05-31 | $241.46M |
| 2024-02-29 | $243.31M |
| 2023-11-30 | $232.65M |
| 2023-08-31 | $252.02M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.