DMBAX Performance — BNY Mellon Short Term Municipal Bond Fund, Class A
Data updated: 2026-08-21
DMBAX returned +1.28% year to date and +3.20% over one year to Jun 2026. Annualised returns are +3.09% over 3 years and +1.11% over 5 years. The fund trailed its Short-Term Municipal Bond category average: $100 invested three years ago grew to $110, against $111 for the category, and to $103 over one year, against $104. Volatility over the past three years was 1.76% a year. In the 12 months to Jun 2026 the fund lost a net $2.7M, and assets reached $125.98M.
DMBAX Growth of $100
What $100 invested in BNY Mellon Short Term Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | DMBAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $110 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $106 | $108 |
| Since data start (Jul 2019 – Jun 2026) | $109 | $113 |
DMBAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.28% |
| 1 year | +3.20% |
| 3 years (annualised) | +3.09% |
| 5 years (annualised) | +1.11% |
DMBAX Annual Returns
Calendar-year total returns of BNY Mellon Short Term Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.28% |
| 2025 | +3.69% |
| 2024 | +2.17% |
| 2023 | +2.84% |
| 2022 | −3.91% |
| 2021 | −0.25% |
| 2020 | +2.22% |
| 2019 (Jul–Dec) | +0.89% |
DMBAX 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% | +0.5% | −0.9% | +0.3% | +0.3% | +0.3% | — | — | — | — | — | — |
| 2025 | +0.6% | +0.5% | −0.2% | −0.2% | +0.5% | +0.6% | +0.6% | +0.7% | +0.2% | 0.0% | +0.1% | +0.4% |
| 2024 | −0.1% | +0.1% | +0.1% | −0.3% | 0.0% | +0.8% | +0.6% | +0.8% | +0.4% | −0.5% | +0.5% | −0.3% |
| 2023 | +1.1% | −1.3% | +1.2% | −0.4% | −0.3% | +0.5% | +0.1% | −0.1% | −0.7% | 0.0% | +1.9% | +0.9% |
| 2022 | −1.7% | −0.4% | −1.5% | −1.1% | +1.1% | −0.2% | +1.2% | −1.4% | −1.6% | +0.1% | +1.5% | +0.1% |
| 2021 | +0.2% | −0.5% | +0.2% | +0.2% | 0.0% | 0.0% | +0.3% | −0.1% | −0.4% | −0.2% | +0.1% | 0.0% |
| 2020 | +0.6% | +0.3% | −1.4% | −0.2% | +1.5% | +0.4% | +0.5% | +0.1% | +0.1% | −0.1% | +0.3% | +0.1% |
| 2019 | — | — | — | — | — | — | +0.5% | +0.3% | −0.4% | +0.3% | +0.1% | +0.1% |
DMBAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 1.76%
- 3-year Sharpe ratio: -0.80 (vs 4.5% risk-free rate)
- Best month: +1.88% (Nov 2023)
- Worst month: −0.86% (Mar 2026)
DMBAX Fund Flows
Monthly money in and out of BNY Mellon Short Term Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.7M
- 12-month gross sales (incl. reinvestments): $32.1M
- Sales ÷ redemptions: 0.92×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.2M | $4.4M | −$3.2M |
| May 2026 | $790K | $1.0M | −$251K |
| Apr 2026 | $2.1M | $3.0M | −$918K |
| Mar 2026 | $2.4M | $2.8M | −$465K |
| Feb 2026 | $1.2M | $2.4M | −$1.2M |
| Jan 2026 | $7.7M | $2.0M | $5.7M |
| Dec 2025 | $918K | $4.1M | −$3.2M |
| Nov 2025 | $918K | $4.3M | −$3.4M |
| Oct 2025 | $3.1M | $2.0M | $1.1M |
| Sep 2025 | $2.5M | $1.3M | $1.2M |
| Aug 2025 | $2.2M | $2.3M | −$125K |
| Jul 2025 | $7.0M | $5.0M | $2.0M |
DMBAX Assets Under Management
Net assets of BNY Mellon Short Term Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $125.98M |
| 2026-03-31 | $129.99M |
| 2025-12-31 | $126.27M |
| 2025-09-30 | $132.02M |
| 2025-06-30 | $127.83M |
| 2025-03-31 | $129.81M |
| 2024-12-31 | $135.39M |
| 2024-09-30 | $139.67M |
| 2024-06-30 | $136.59M |
| 2024-03-31 | $140.64M |
| 2023-12-31 | $149.38M |
| 2023-09-30 | $154.90M |
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.