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DRMBX BNY Mellon AMT-Free Municipal Bond Z Forecast, Technical & Fundamental Analysis

A.I.Advisor
published Highlights

Industry description

The investment seeks as high a level of current income exempt from federal income tax 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 personal income tax and the federal alternative minimum tax. The fund invests at least 65% of its net assets in municipal bonds rated, at the time of purchase, A or higher or the unrated equivalent as determined by Insight North America LLC, the fund's sub-adviser.
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A.I. Advisor
published General Information

General Information

Category MuniNationalInterm

Profile
Fundamentals
Details
Category
Muni National Interm
Address
Dreyfus Municipal Funds Inc200 Park AveNew York
Phone
N/A
Web
www.dreyfus.com
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DRMBX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, DRMBX has been closely correlated with BBMUX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if DRMBX jumps, then BBMUX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DRMBX
1D Price
Change %
DRMBX100%
+0.15%
BBMUX - DRMBX
96%
Closely correlated
N/A
TFEBX - DRMBX
94%
Closely correlated
+0.08%
AFTFX - DRMBX
89%
Closely correlated
+0.08%
TEBCX - DRMBX
88%
Closely correlated
+0.08%
AFTEX - DRMBX
88%
Closely correlated
+0.08%
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