BNY Mellon MA Intermediate Municipal Bond Fund Class M
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Fund Information
Fund Type
Category
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Open/Closed to New Investors
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Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
BNY Mellon Funds
Manager/Tenure
(Years)
(Years)
Mary Collette O'Brien (19)
Website
Address
BNY Mellon Funds
New York NY - 10166
New York NY - 10166
Country
United States
Phone Number
800-645-6561
Investment Strategy
The investment seeks as high a level of income exempt from federal and Massachusetts state income taxes as is consistent with the preservation of capital. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal and Massachusetts state personal income taxes. Generally, its average effective portfolio maturity will be between three and ten years and the average effective duration of the fund's portfolio will not exceed eight years. The fund may invest in individual municipal and taxable bonds of any maturity or duration.