MPSTX Performance — BNY Mellon National Short-Term Municipal Bond Fund, Class M
Data updated: 2026-01-26
MPSTX returned +3.25% over one year to Nov 2025. Annualised returns are +3.28% over 3 years and +1.49% over 5 years. The fund trailed its Short-Term Municipal Bond category average: $100 invested three years ago grew to $110, against $110 for the category, and to $103 over one year, against $103. Volatility over the past three years was 1.71% a year. In the 12 months to Nov 2025 the fund took in a net $103.4M, and assets reached $467.51M.
MPSTX Growth of $100
What $100 invested in BNY Mellon National 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 | MPSTX | Category average |
|---|---|---|
| 1 year (Dec 2024 – Nov 2025) | $103 | $103 |
| 3 years (Dec 2022 – Nov 2025) | $110 | $110 |
| 5 years (Dec 2020 – Nov 2025) | $108 | $107 |
| Since data start (Sep 2019 – Nov 2025) | $110 | $110 |
MPSTX Trailing Returns
Total returns to Nov 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.25% |
| 3 years (annualised) | +3.28% |
| 5 years (annualised) | +1.49% |
MPSTX Annual Returns
Calendar-year total returns of BNY Mellon National Short-Term Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Nov) | +3.44% |
| 2024 | +2.81% |
| 2023 | +3.57% |
| 2022 | −2.69% |
| 2021 | +0.23% |
| 2020 | +1.95% |
| 2019 (Sep–Dec) | +0.24% |
MPSTX 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 | +0.5% | +0.4% | 0.0% | −0.2% | +0.5% | +0.5% | +0.5% | +0.6% | +0.2% | 0.0% | +0.1% | — |
| 2024 | +0.1% | +0.1% | 0.0% | −0.2% | +0.1% | +0.8% | +0.8% | +0.8% | +0.5% | −0.4% | +0.4% | −0.2% |
| 2023 | +1.0% | −0.9% | +1.0% | −0.2% | −0.1% | +0.4% | +0.2% | 0.0% | −0.5% | +0.1% | +1.6% | +0.9% |
| 2022 | −1.2% | −0.3% | −1.2% | −0.7% | +0.7% | −0.2% | +0.7% | −0.8% | −1.1% | 0.0% | +1.4% | 0.0% |
| 2021 | +0.2% | −0.4% | +0.1% | +0.3% | 0.0% | +0.1% | +0.2% | −0.1% | −0.2% | −0.1% | +0.1% | 0.0% |
| 2020 | +0.6% | +0.3% | −1.9% | 0.0% | +1.4% | +0.3% | +0.5% | +0.1% | 0.0% | −0.1% | +0.3% | +0.2% |
| 2019 | — | — | — | — | — | — | — | — | −0.4% | +0.2% | +0.1% | +0.3% |
MPSTX Risk
Risk measures from monthly returns over Dec 2022 – Nov 2025.
- 3-year volatility (annualised): 1.71%
- 3-year Sharpe ratio: -0.71 (vs 4.5% risk-free rate)
- Best month: +1.62% (Nov 2023)
- Worst month: −0.92% (Feb 2023)
MPSTX Fund Flows
Monthly money in and out of BNY Mellon National Short-Term Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $103.4M
- 12-month gross sales (incl. reinvestments): $322.8M
- Sales ÷ redemptions: 1.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2025 | $11.9M | $23.8M | −$11.9M |
| Oct 2025 | $13.0M | $22.4M | −$9.4M |
| Sep 2025 | $12.7M | $34.5M | −$21.8M |
| Aug 2025 | $26.4M | $19.5M | $6.9M |
| Jul 2025 | $32.6M | $9.3M | $23.3M |
| Jun 2025 | $40.3M | $15.9M | $24.4M |
| May 2025 | $49.4M | $17.0M | $32.5M |
| Apr 2025 | $91.3M | $18.3M | $73.0M |
| Mar 2025 | $6.0M | $12.3M | −$6.3M |
| Feb 2025 | $15.0M | $19.4M | −$4.4M |
| Jan 2025 | $13.5M | $13.9M | −$411K |
| Dec 2024 | $10.7M | $13.2M | −$2.5M |
MPSTX Assets Under Management
Net assets of BNY Mellon National Short-Term Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-11-30 | $467.51M |
| 2025-08-31 | $511.75M |
| 2025-05-31 | $452.12M |
| 2025-02-28 | $353.74M |
| 2024-11-30 | $360.39M |
| 2024-08-31 | $377.14M |
| 2024-05-31 | $383.91M |
| 2024-02-29 | $401.90M |
| 2023-11-30 | $430.10M |
| 2023-08-31 | $470.97M |
| 2023-05-31 | $527.95M |
| 2023-02-28 | $591.83M |
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.