MPNIX Performance — BNY Mellon National Intermediate Municipal Bond Fund, Class M
Data updated: 2026-01-26
MPNIX returned +3.87% over one year to Nov 2025. Annualised returns are +4.02% over 3 years and +1.17% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $113, against $111 for the category, and to $104 over one year, against $103. Volatility over the past three years was 4.86% a year. In the 12 months to Nov 2025 the fund lost a net $600K, and assets reached $1.78B.
MPNIX Growth of $100
What $100 invested in BNY Mellon National Intermediate Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | MPNIX | Category average |
|---|---|---|
| 1 year (Dec 2024 – Nov 2025) | $104 | $103 |
| 3 years (Dec 2022 – Nov 2025) | $113 | $111 |
| 5 years (Dec 2020 – Nov 2025) | $106 | $104 |
| Since data start (Sep 2019 – Nov 2025) | $110 | $108 |
MPNIX Trailing Returns
Total returns to Nov 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.87% |
| 3 years (annualised) | +4.02% |
| 5 years (annualised) | +1.17% |
MPNIX Annual Returns
Calendar-year total returns of BNY Mellon National Intermediate Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Nov) | +4.91% |
| 2024 | +1.20% |
| 2023 | +5.69% |
| 2022 | −7.33% |
| 2021 | +1.18% |
| 2020 | +4.70% |
| 2019 (Sep–Dec) | −0.28% |
MPNIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.6% | +1.0% | −1.5% | −0.4% | +0.3% | +0.9% | +0.2% | +1.0% | +1.6% | +0.9% | +0.3% | — |
| 2024 | −0.2% | +0.1% | −0.1% | −1.0% | −0.5% | +1.5% | +0.8% | +0.9% | +0.8% | −1.4% | +1.3% | −1.0% |
| 2023 | +2.6% | −1.9% | +1.8% | 0.0% | −0.9% | +0.8% | +0.2% | −0.9% | −2.4% | −0.8% | +5.1% | +2.3% |
| 2022 | −2.7% | −0.6% | −2.8% | −2.5% | +1.3% | −1.2% | +2.2% | −1.7% | −3.0% | −0.5% | +4.0% | +0.3% |
| 2021 | +0.7% | −1.5% | +0.5% | +0.8% | +0.4% | +0.2% | +0.7% | −0.3% | −0.8% | −0.3% | +0.7% | +0.1% |
| 2020 | +1.8% | +1.2% | −4.3% | −1.2% | +3.0% | +1.1% | +1.5% | −0.2% | −0.2% | −0.1% | +1.4% | +0.7% |
| 2019 | — | — | — | — | — | — | — | — | −0.9% | +0.1% | +0.1% | +0.4% |
MPNIX Risk
Risk measures from monthly returns over Dec 2022 – Nov 2025.
- 3-year volatility (annualised): 4.86%
- 3-year Sharpe ratio: -0.10 (vs 4.5% risk-free rate)
- Best month: +5.13% (Nov 2023)
- Worst month: −2.39% (Sep 2023)
MPNIX Fund Flows
Monthly money in and out of BNY Mellon National Intermediate Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$600K
- 12-month gross sales (incl. reinvestments): $563.4M
- Sales ÷ redemptions: 1.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2025 | $18.9M | $29.6M | −$10.7M |
| Oct 2025 | $28.6M | $25.6M | $3.0M |
| Sep 2025 | $31.7M | $38.7M | −$7.0M |
| Aug 2025 | $56.2M | $32.7M | $23.5M |
| Jul 2025 | $50.6M | $39.0M | $11.6M |
| Jun 2025 | $67.2M | $39.2M | $28.0M |
| May 2025 | $53.2M | $69.5M | −$16.2M |
| Apr 2025 | $130.5M | $80.0M | $50.5M |
| Mar 2025 | $26.5M | $39.5M | −$13.0M |
| Feb 2025 | $28.2M | $38.5M | −$10.3M |
| Jan 2025 | $33.9M | $75.3M | −$41.4M |
| Dec 2024 | $37.8M | $56.4M | −$18.5M |
MPNIX Assets Under Management
Net assets of BNY Mellon National Intermediate Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-11-30 | $1.78B |
| 2025-08-31 | $1.76B |
| 2025-05-31 | $1.68B |
| 2025-02-28 | $1.69B |
| 2024-11-30 | $1.77B |
| 2024-08-31 | $1.83B |
| 2024-05-31 | $1.85B |
| 2024-02-29 | $1.97B |
| 2023-11-30 | $1.90B |
| 2023-08-31 | $1.91B |
| 2023-05-31 | $1.88B |
| 2023-02-28 | $1.77B |
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.