BNY Mellon California AMT-Free Municipal Bond Z (DRCAX)
13.49
+0.03
(+0.22%)
USD |
Sep 17 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.61% | 533.85M | -- | 12.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -58.95M | 0.99% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income exempt from federal and California state income taxes as is consistent with the preservation of capital. The Fund normally invests substantially all of its assets in municipal bonds that provide income exempt from federal and California state personal income taxes. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | BNY Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
39
-70.16M
Peer Group Low
168.01M
Peer Group High
1 Year
% Rank:
80
-58.95M
-443.37M
Peer Group Low
1.068B
Peer Group High
3 Months
% Rank:
52
-257.36M
Peer Group Low
293.38M
Peer Group High
3 Years
% Rank:
76
-2.217B
Peer Group Low
1.362B
Peer Group High
6 Months
% Rank:
59
-491.88M
Peer Group Low
776.78M
Peer Group High
5 Years
% Rank:
74
-3.740B
Peer Group Low
1.743B
Peer Group High
YTD
% Rank:
72
-277.02M
Peer Group Low
742.18M
Peer Group High
10 Years
% Rank:
88
-3.260B
Peer Group Low
2.760B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 18, 2025.
Asset Allocation
As of July 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.02% |
| Stock | 0.00% |
| Bond | 98.98% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| LOS ANGELES CALIF DEPT ARPTS ARPT REV CA 5.000 05/15/2032 | 3.44% | -- | -- |
| PALOMAR CALIF CMNTY COLLEGE DIST CA 0.000 08/01/2045 | 2.83% | 90.70 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 4.000 02/01/2052 | 2.22% | 102.05 | 0.05% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV CA 5.250 12/01/2054 | 1.75% | 105.22 | 0.14% |
| SOUTH SAN FRANCISCO CALIF UNI SCH DIST CA 4.000 09/01/2052 | 1.68% | 90.87 | 0.31% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV CA 5.000 05/01/2040 | 1.64% | 102.58 | 0.03% |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV CA 5.000 06/01/2051 | 1.58% | 99.12 | 0.00% |
| ALLAN HANCOCK CALIF JT CMNTY COLLEGE DIST CA 0.000 08/01/2047 | 1.53% | 75.04 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 02/01/2055 | 1.45% | 110.05 | 0.11% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 10/01/2055 | 1.42% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.45% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income exempt from federal and California state income taxes as is consistent with the preservation of capital. The Fund normally invests substantially all of its assets in municipal bonds that provide income exempt from federal and California state personal income taxes. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | BNY Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-17-25) | 2.86% |
| 30-Day SEC Yield (8-31-25) | 3.85% |
| 7-Day SEC Yield | -- |
| Bond | |
| Yield to Maturity (7-31-25) | 4.63% |
| Average Coupon | 4.70% |
| Calculated Average Quality | 2.869 |
| Effective Maturity | 12.59 |
| Nominal Maturity | 18.33 |
As of July 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:DRCAX", "name") |
| Broad Asset Class: =YCI("M:DRCAX", "broad_asset_class") |
| Broad Category: =YCI("M:DRCAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:DRCAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |