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    BNY Mellon Municipal Opportunities ETF (BMOP)

    • CUSIP 05613H803
    • NAV  $ 25.11 As of  02/20/26
    • CHG  $ 0.02 (0.08 %)
    • MKT PRICE  $25.12 As of  02/20/26
    • CHG  $0.04 (0.16 %)
    • TOTAL EXPENSE RATIO 
      0.54% 
      Net
      0.54% 
      Gross
    Overview

    Why invest in this Fund?

    • The fund seeks to maximize current income exempt from federal income tax and capital appreciation.
    • To pursue its goal, 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 U.S. federal income tax.
    • The fund invests at least 50% of its net assets in bonds that are rated investment grade (i.e., Baa3/BBB- or higher) at the time of purchase or, if unrated, deemed of comparable quality by the fund's sub-adviser. For additional yield, the fund may invest up to 50% of its net assets in bonds that are rated below investment grade ("high yield" or "junk" bonds) or, if unrated, deemed of comparable quality by the fund's sub-adviser, Insight North America LLC.
    • The fund may invest in individual municipal and taxable bonds of any maturity or duration and does not expect to target any specific range of maturity or duration.
    • Duration is an indication of an investment's "interest rate risk," or how sensitive a bond or the fund's portfolio may be to changes in interest rates. Generally, the longer a bond's duration, the more likely it is to react to interest rate fluctuations and the greater its long-term risk/return potential.
    • The fund’s liquid ETF structure allows investors to buy or sell any time the market is open.
    LISTING DATE
    01/12/26
    INCEPTION DATE
    10/15/08
    NET ASSETS
    $1,870,884,952  As of  02/20/26
    NUMBER OF SHARES OUTSTANDING
    74,500,124  As of  02/20/26
    MARKET PRICE 52-WEEK HIGH
    $25.12  As of  02/20/26
    MARKET PRICE 52-WEEK LOW
    $24.86  As of  01/21/26
    AVG EFFECTIVE DURATION
    8.03 yr(s). As of  01/31/26
    WEIGHTED AVG YIELD TO MATURITY
    5.32% As of  01/31/26
    WEIGHTED AVG MATURITY
    9.94 yr(s). As of  01/31/26
    DISTRIBUTION FREQUENCY
    Monthly
    Number of Holdings
    678 As of  01/31/26
    SUB-ASSET CLASS
    Tax-Exempt
    EXCHANGE
    NASDAQ

    Yields and Expense Ratio

    30-DAY SEC YIELD
    as of 02/20/26      SUBSIDIZED     		UNSUBSIDIZED CURRENT YIELD
    as of  02/20/26     		CONTRACTUAL
    FEE WAIVER END DATE     		PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of  12/31/25     NET     		GROSS
    3.65 3.65 3.94 - 0.54 0.54

    Yield fluctuates and past performance is no guarantee of future results.

    The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.

    Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.

    Gross Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Gross Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.

     

    NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

    Market Price - The market price is the most recent official closing price for the listed exchange.

    Current Yield - (Sum of 30 days of net investment income/sum of 30 days of net assets) * (365*100)

    Avg Effective Duration - It is used to measure the market price sensitivity of the fund’s portfolio holdings to changes in interest-rates. Duration is not a complete measure of bond risk and may not be successful.

    Weighted Avg Yield to Maturity - The averaged total return anticipated on a group of bonds if held until their maturity.

    Weighted Avg Maturity - A measure of the average maturity of all of the underlying security instruments in the fund, weighted to reflect the relative percentage ownership of each instrument, and taking into account applicable “maturity shortening” provisions.

    Portfolio Managers

    • Gregory J. Conant

      Gregory J. Conant, CFA

      Portfolio Manager, Insight North America, LLC

      Managing Fund Since January 2026

      Joined Firm in 1998

      Joined Industry in 1998
    • Jeffrey Burger

      Jeffrey Burger, CFA

      Senior Portfolio Manager, Insight North America, LLC

      Managing Fund Since January 2026

      Joined Firm in 2009

      Joined Industry in 2000
    Performance

    Daily Statistics

    As of  02/20/26 NAME 30-DAY MEDIAN 
    BID/ASK 
    SPREAD     		PREVIOUS DAY
    VOLUME     		20-DAY AVG 
    VOLUME     		PREMIUM/ 
    DISCOUNT     		YTD
    Total Return
    (NAV)
    BNY Mellon Municipal Opportunities ETF
    		0.20% 90,804 110,522 0.01% 1.45%

    The performance data quoted represents past performance, which is no guarantee of future results.

     

    30-Day Median Bid-Ask Spread - Gives investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.

    20-Day Avg Volume - 20-Day Average Volume is the sum of last 20 days of trading volume divided by 20 days.

    Premium / Discount - The amount the fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.

    Total Returns

    Click here for NAV Returns 

    Month End

    MARKET PRICE
    Average Annual
    As of 01/31/26
    Name 3 MO
    01/31/26     		YTD
    01/31/26     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Municipal Opportunities ETF
    BMOP
    		0.59 0.48 2.94 3.61 1.01 2.78 5.36
    Bloomberg U.S. Municipal Bond Index
    		1.26 0.94 4.70 3.22 0.86 2.32 -
    S&P Municipal Bond Index
    		1.22 0.74 4.65 3.35 1.10 2.40 -

    Quarter End

    MARKET PRICE
    Average Annual
    As of 12/31/25
    Name 3 MO
    12/31/25     		YTD
    12/31/25     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Municipal Opportunities ETF
    BMOP
    		1.48 3.08 3.08 4.71 1.28 2.75 5.38
    Bloomberg U.S. Municipal Bond Index
    		1.56 4.25 4.25 3.88 0.80 2.34 -
    S&P Municipal Bond Index
    		1.55 4.26 4.26 4.05 1.06 2.44 -

    The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted.

    The performance information shown before January 9, 2026 reflects that of Class M shares of the  BNY Mellon Municipal Opportunities  Fund ("Predecessor Fund"), which had a different fee structure than the fund. The fund's investment strategies are similar to those of the Predecessor Fund; however, while each fund may invest in derivatives as a part of its principal investment strategy, unlike the Predecessor Fund, the fund's investments in derivatives may also include options on futures and interest rate swaps such as MMD Rate Locks.  The performance returns shown are based on the Predecessor Fund's fee structure and investment strategies. Past performance may have been different if the fund's current fee structure and investment strategies had been in place during the period. The NAV and market price performance of the ETF use the predecessor mutual fund's NAV from inception to listing.

    Market Price performance is calculated using the most recent NASDAQ Official Closing Price. Market Price returns do not represent investors’ returns had they traded shares at other times.

    The S&P Municipal Bond Index is a broad, market value-weighted index that seeks to measure the performance of the U.S. municipal bond market.

    The Bloomberg U.S. Municipal Bond Index covers the U.S. dollar-denominated long-term tax-exempt bond market. 

    The S&P Municipal Bond Index is a market-value-weighted index designed to measure the performance of the U.S. municipal bond market, which includes debt issued by states and local governments. Investors cannot invest directly in any index. 

    The Bloomberg U.S. Municipal Bond Index is the broad-based benchmark for the BNY Mellon Municipal Opportunities ETF. The S&P Municipal Bond Index was the broad-based benchmark for the Predecessor Fund.

    “BLOOMBERG®” and the Bloomberg indices listed herein (the “Indices”) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the Indices (collectively, “Bloomberg”) and have been licensed for use for certain purposes by the distributor hereof (the “Licensee”). Bloomberg is not affiliated with Licensee, and Bloomberg does not approve, endorse, review, or recommend the financial products named herein (the “Products”). Bloomberg does not guarantee the timeliness, accuracy, or completeness of any data or information relating to the Products.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical NAV and Market Price

      Historical Premium/Discount

      Premium and Discount Summary Table

      As of  02/20/26
      Days Traded at Premium
      Days Traded at Discount

      The table shows the number of trading days in which the fund traded at a premium or discount to its closing NAV.  Past results are not indicative of future results.

      Fees & Expenses

      Prospectus Fee Table Expense Ratios

      Fees as stated in the prospectus  Fee Description Total Expense Ratio (%)
      Management Fee 0.50%
      Other Expenses 0.04%
      Total Expenses 0.54%
      Net Expenses 0.54%

      The Total Expenses is the actual fund expense ratio applicable to investors.

      Portfolio

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon ETF Investment Adviser, LLC (BNYETF) and the fund's sub-adviser is Insight North America LLC (INA), an affiliate of BNYETF. Gregory J. Conant and Jeffrey Burger are the primary portfolio managers of the fund, positions they have held since January 2026. Mr. Conant and Mr. Burger are senior portfolio managers at INA. Each portfolio manager is jointly and primarily responsible for the day-to-day management of the fund's portfolio.

      Top Holdings

      Download Total Holdings
      As of 02/20/26
      Holdings % Portfolio Weight
      INTERMOUNTAIN PWR AGY 5 7/1/2042 0.88
      PUERTO RICO CMWLTH AQ 5 7/1/2030 0.86
      CA CMNTY CHOICE FIN-F 5 11/1/2033 0.77
      AUSTIN TX ARPT SYS RE 5 11/15/2046 0.71
      MA BAY TRANS AUTH-A 5 7/1/2038 0.67
      MD HLTH HGR AUTH-B FRN 8/15/2056 0.62
      UNIV OF TEXAS SYS BRD 5 7/1/2041 0.61
      LA DEPT OF WTR-B-REF 5 7/1/2037 0.61
      WASHINGTON ST-A 5 8/1/2040 0.60
      MAIN STREET NATURAL-C FRN 12/1/2054 0.58
      BLACK BELT-SER-C FRN 5/1/2055 0.58
      CA CMNTY CHOICE FIN-C FRN 8/1/2055 0.58
      TENNERGY CORP -A FRN 10/1/2054 0.57
      IDAHO ST HSG & FIN AS 5 8/15/2043 0.57
      TRIBOROUGH BRIDGE-A-3 5.25 5/15/2064 0.56
      MA SCH BLDG-B-SUB 5.25 2/15/2048 0.55
      BLACK BELT ENERGY GAS FRN 10/1/2052 0.54
      MA SCH BLDG-SUB-A 5.25 2/15/2048 0.52
      LA PUB FACS AUTH-AMT 5.5 9/1/2054 0.48
      CAL INFRA & ECO DEV-B FRN 1/1/2065 0.47
      WA MET AREA TRANSIT-A 3 7/15/2040 0.46
      PR SALES TAX FING-A1 5 7/1/2058 0.46
      MATCHING FUND SPL-A 5 10/1/2039 0.45
      TOBACCO SETTLEMENT-A 5 6/1/2046 0.43
      NY LIBERTY DEV CORP-1 5 11/15/2044 0.43
      CHICAGO-A-REV 5.25 1/1/2041 0.43
      CHICAGO BOE-B-REF 6.75 12/1/2030 0.42
      GOLDEN ST TOBACCO-A1 4.214 6/1/2050 0.42
      TX PRIVATE ACTIVITY 5.5 12/31/2058 0.41
      NY TRNSPRTN DEV CRP-A 5.25 12/31/2054 0.41
      CHICAGO BRD ED-C-REF 5.5 12/1/2045 0.41
      MASSACHUSETTS ST 5 11/1/2045 0.40
      CA CMNTY CHOICE-A-1 FRN 4/1/2056 0.40
      CALIFORNIA ST MUNI FI 5 5/15/2052 0.39
      OK CTY WTR UTIL TRUST 5 7/1/2054 0.39
      BUILD NYC RESOURCE-A 7 12/15/2065 0.39
      VA PORT AUTH 5 7/1/2043 0.38
      ARKANSAS DEV FIN AUTH 5.7 5/1/2053 0.38
      RI HLTH-PROVIDENCE 5 11/1/2045 0.37
      CHICAGO BRD ED-B-REF 6 12/1/2043 0.37
      SAN ANTONIO-D FRN 5/1/2055 0.37
      MET TRANSPRTN AUTH-A 5 11/15/2037 0.37
      OK CTY WTR UTIL TRUST 5 7/1/2049 0.37
      VIRGINIA ST CLG BLDG 5.25 2/1/2042 0.36
      SAN FRANCISCO APRT-A 5 5/1/2044 0.36
      PR ELEC PWR AUTH-A 6.75 7/1/2036 0.36
      CHICAGO 5 11/1/2039 0.36
      NYC MUNI WTR-BB FRN 6/15/2051 0.35
      DT OF COLUMBIA-A-REV 5 7/1/2042 0.35
      CA CMNTY CHOICE FING FRN 1/1/2054 0.34
      FOOTHILL ESTRN TRANSP 4.094 1/15/2049 0.34
      TNDR OPT RSDLS-XL0601 FRN 3/15/2049 0.34
      TRIBOROUGH BRIDGE-A-2 5.25 5/15/2059 0.33
      FL DEV FIN CORP-A 5 6/15/2050 0.33
      RI HLTH & EDUCTNL-C 5 5/15/2043 0.33
      FULTON CNTY GA DEV AU 5 3/15/2044 0.33
      MET TRANSPRTN-C-1 5 11/15/2050 0.33
      TX WTR DEV BRD-REV 5 8/1/2044 0.32
      JPM-DRIVERS-XL0619 FRN 5/15/2048 0.32
      PUBLIC FIN AUTH WI HO 4 6/1/2045 0.32
      CA MUNI FIN AUTH 5 5/15/2048 0.32
      FORT BEND ISD-A-REF 4.25 8/15/2054 0.32
      PUB FIN AUTH-AMT 5.75 6/30/2060 0.32
      NJ EDUCTNL FACS-A FRN 7/1/2064 0.30
      SOUTHEAST ENERGY AUTH FRN 1/1/2054 0.32
      TRIBOROUGH BRIDGE-A 5.25 12/1/2054 0.31
      CA MUNI AUTH-1-A-1 4.05 7/20/2041 0.31
      DT OF COLUMBIA 5.25 1/1/2048 0.30
      DETROIT COPS-TAXABLE 4.613 6/15/2015 0.30
      NY ST TRANS DEV CORP 5 12/1/2041 0.30
      MET PIER CAB-A-AG 0 12/15/2040 0.30
      PHILADELPHIA HSG-A 5.25 3/1/2040 0.30
      IN FIN AUTH-D-2-REF FRN 10/1/2063 0.30
      CONNECTICUT ST-B 3 6/1/2038 0.30
      ILLINOIS ST-B 5 6/15/2039 0.30
      PUB FIN AUTH-AMT 6.5 12/31/2065 0.30
      MA DEV FIN AGY 5 7/1/2040 0.30
      DASNY 5 10/1/2038 0.30
      MA DEV FIN AGY-A 5.25 1/1/2042 0.30
      COLLIN CNTY 5 2/15/2040 0.30
      NJ ECON DEV AUTH-AMT 5.375 1/1/2043 0.29
      HIGHER EDUCTNL FACS-A 3 12/1/2048 0.29
      ARLINGTON HGR EDU FIN 4 2/15/2049 0.29
      S E ENERGY AUTH-A-1 FRN 1/1/2053 0.29
      CA CMNTY CHOICE FIN-C FRN 12/1/2055 0.29
      UNIV OF TEXAS SYS BRD 5 8/15/2043 0.29
      OK TPK AUTH-A 5.5 1/1/2054 0.29
      HOUSTON-A-REF 5.25 3/1/2049 0.29
      KY PUB ENERGY AUTH-A FRN 6/1/2055 0.29
      IN FIN AUTH-D-1-REF FRN 10/1/2064 0.29
      ILLINOIS ST-D 5 11/1/2028 0.29
      MASSACHUSETTS ST-A 5 1/1/2041 0.29
      MAIN ST NAT GAS INC-D FRN 5/1/2054 0.29
      OK TPK AUTH-A 5.25 1/1/2050 0.29
      KY PUB ENERGY-A FRN 5/1/2055 0.29
      NJ ECON DEV AUTH-AMT 5.125 1/1/2034 0.29
      NEW YORK-D 5.25 4/1/2047 0.29
      COOK CO-A-REF 5.25 11/15/2045 0.28
      MAIN STREET NATURAL-B FRN 12/1/2052 0.28
      SC JOBS-ECO AUTH-REF 5.25 11/1/2054 0.28
      MASSACHUSETTS ST 5 7/1/2045 0.28
      MIAMI-DADE CNTY WTR-A 5.25 10/1/2054 0.28
      PUERTO RICO CMWLTH AQ 5 7/1/2035 0.28
      TN ENERGY ACQ CORP-A- FRN 5/1/2053 0.28
      TRIBOROUGH BRIDGE-A-1 5.25 5/15/2064 0.28
      POINT 1 DT#1-A-1 6.125 3/1/2055 0.28
      UNIV OF CALIFORNIA-AZ 5 5/15/2043 0.28
      NYC MUNI WTR FIN-CC FRN 6/15/2056 0.28
      PUB FIN AUTH-AMT 5.75 12/31/2065 0.28
      PROJECTNEW YORK TRANS 5 10/1/2040 0.28
      GRAND PKWY TRANSPRTN 5 10/1/2043 0.28
      CA MUNI FIN AUTH 5 5/15/2040 0.28
      NEW YORK ST TRANSPRTN 5.5 6/30/2054 0.27
      TRIBOROUGH BRIDGE 5 11/15/2049 0.27
      CA MUNI FIN AUTH 5 5/15/2043 0.27
      AUBURN UNIV GEN FEE 5 6/1/2048 0.27
      MINNEAPOLIS -REV 4 11/15/2038 0.27
      NEW YORK ST TRANSPRTN 5.25 6/30/2049 0.27
      BUILD NYC RESOURCE-A 7 12/15/2055 0.27
      BEAUMONT PORT NAV-B 10 7/1/2026 0.27
      NEW HOPE EDU FACS-A-1 5.25 1/1/2042 0.27
      DC-KIPP-SER A-REF 5 7/1/2048 0.27
      MA WTR RES AUTH-F-REF FRN 8/1/2029 0.27
      MTA HUDSON RAIL YRD-A 5 11/15/2056 0.27
      CENTRL PUGET-S-1-REF 3 11/1/2036 0.27
      MASSACHUSETTS DEV-REF 5.25 7/1/2055 0.26
      NYC TRANSITIONAL-A-1 5.5 5/1/2050 0.26
      CLIFTON HGR EDU-REF 4 8/15/2044 0.26
      PROJECTNEW YORK TRANS 4.375 10/1/2045 0.26
      GOLDEN ST TOBACCO -B 3.293 6/1/2042 0.26
      CO BRIDGE & TUNNEL-A 5.5 12/1/2054 0.26
      CALIFORNIA ST HLTH FA 4 5/15/2046 0.26
      ARLINGTON CNTY VA IND 4 7/1/2045 0.25
      OHIO ST 3 5/1/2039 0.25
      MO HLTH & EDUCTNL-A 4.25 4/1/2055 0.25
      SIERRA CLG #2-B-WESTE 0 8/1/2031 0.25
      CALIFORNIA CMNTY HSG 5 8/1/2049 0.25
      GRAND PKWY TRANSPRTN 4 10/1/2049 0.25
      ST JAMES PSH-REV-REMK 6.35 7/1/2040 0.24
      FOOTHILL E TRANSP-B1 3.95 1/15/2053 0.24
      WI HLTH & EDL FACS-C 5 2/15/2047 0.24
      MET WASHINGTON DC-B 4 10/1/2053 0.24
      OHIO ST-REV-REF 4 10/1/2042 0.24
      MARICOPA CNTY AZ PO 2.4 6/1/2035 0.24
      CLIFTON HGR EDU 5 8/15/2047 0.24
      IA ST FIN AUTH 5 8/1/2042 0.24
      HOUSTON-A-REF 5 3/1/2042 0.24
      MIDA MOUNTAIN VLG-2 6 6/15/2054 0.24
      CALIFORNIA ST 5.25 10/1/2045 0.24
      TRIBOROUGH BRID-C-1A 5 5/15/2040 0.24
      ARKANSAS UNIV BRD-A 5 11/1/2054 0.23
      MET WA DC ARPTS-CABS 0 10/1/2036 0.23
      PR SALES TAX FING-A1 4.5 7/1/2034 0.23
      MIDA CORMONT PUB-A-2 STEP-CPN 6/1/2055 0.23
      NY ST TRANS DEV CORP 5 12/1/2039 0.23
      JEFFERSON PSH ECON-A 5.625 6/15/2048 0.23
      NY TRANSPRTN DEV CORP 6 6/30/2059 0.23
      PUB FIN AUTH 4.25 7/1/2054 0.23
      DIST OF COLUMBIA- REV 5 7/1/2049 0.23
      MIDA MOUNTAIN VETERAN 5.2 6/1/2054 0.23
      PUBLIC FIN AUTH-A 5.5 7/1/2044 0.22
      NTHRN IN COMMUTER-REV 5 1/1/2054 0.22
      OHIO ST-REV-REF 4 10/1/2047 0.22
      MA ST DEV FIN AGY-N 5 12/1/2041 0.22
      SIERRA VISTA INDL DEV 6.5 6/15/2055 0.22
      NYC INDL DEV AGY-A 3 1/1/2039 0.21
      CVI-CW/PRIFA RUM FRN 11/1/2051 0.21
      NY TOBACCO-A-2B-REF 5 6/1/2045 0.21
      VA SMALL BUSINESS FIN 5 12/31/2052 0.21
      CO SCH MINES BRD-A 5 12/1/2054 0.21
      PUB FIN AUTH-AMT 6.5 6/30/2060 0.21
      VI HOTEL DEV FIN-A-1 6 12/1/2055 0.21
      NV DEPT OF BUS SER B FRN 1/1/2065 0.21
      MAIN STREET NATURAL-A FRN 6/1/2055 0.21
      NYC INDL DEV AGY-A 3 1/1/2046 0.20
      CA CMNTY HSG AGY-A 5 2/1/2050 0.20
      CASH 0.20
      DALLAS & FORT WORTH-B 5 11/1/2047 0.20
      WOLF CREEK INFRA DT#1 5.75 12/1/2044 0.20
      NEW YORK ST LIBERTY 2.8 9/15/2069 0.20
      WI CENTER DIST-A-CABS 0 12/15/2044 0.20
      SEMINOLE CO-REV-REF 5 10/1/2052 0.20
      NY DORM AUTH-A-UNREFD 5.25 3/15/2052 0.20
      TX WTR DEV BRD -REV 5 10/15/2057 0.20
      GRANT UHSD-CABS ELEC 0 2/1/2033 0.20
      ONEIDA CO NY LOCAL DE 4 12/1/2049 0.19
      LBJ INFRASTRUCTURE GROUP 3.797 12/31/2057 0.19
      HARRIS CNTY TX CULTUR 3 10/1/2051 0.19
      ARLINGTON HGR EDU 4.5 8/15/2050 0.19
      BUILD NYC RESOURCE-A 6.5 12/15/2045 0.19
      FL LOCAL GOVT FIN-A 5.5 6/15/2040 0.19
      IL FIN AUTH-B-REF 5.25 4/1/2038 0.19
      PHILADELPHIA HSG-A 5.25 3/1/2038 0.18
      N DAKOTA ST HSG FIN 4.55 7/1/2048 0.18
      CALIFORNIA ST MUNI FI 5 5/15/2039 0.18
      HOUSTON-A-REF 5 3/1/2040 0.18
      FOREST LAKE MN CHARTE 5 7/1/2056 0.18
      CA PUB FIN AUTH -A 4 7/15/2051 0.18
      PUB FIN AUTH-PIEDMONT 5 6/15/2049 0.18
      AZ INDL DEV EDU-B 5.75 7/1/2053 0.17
      CA CMNTY HSG AGY-A 4 2/1/2056 0.17
      JEFFERSON PSH ECON-A 5.5 6/15/2038 0.17
      TEMPLE ISD 5 2/1/2044 0.17
      SIERRA VISTA INDL DEV 5 6/15/2054 0.17
      NYC TRANSITIONAL-A-1 5.25 5/1/2048 0.17
      NTHRN IN COMMUTER-REV 5.25 1/1/2049 0.17
      MATCHING FUND SPL-A 5 10/1/2030 0.17
      NY ST TRANS DEV CORP 5 12/1/2042 0.17
      MET SAINT LOUIS SWR 5.25 5/1/2052 0.17
      CHICAGO O'HARE ARPT-A 5 1/1/2037 0.17
      CALIFORNIA CMNTY CHOI FRN 2/1/2052 0.17
      FOWLER CO UNIF SD-B 5 8/1/2050 0.17
      FAYETTE CO DEV AUTH 5.25 10/1/2049 0.17
      DALLAS ISD-B-REF 4.5 2/15/2045 0.16
      VA SMALL BUSINESS FIN 4 1/1/2048 0.16
      FAYETTE CO DEV AUTH 5.25 10/1/2054 0.16
      MISSION ECON DEV-AMT 4.625 10/1/2031 0.16
      CA ST MUNI FIN-AMT 4 7/15/2029 0.16
      CALIFORNIA ST EDUCTNL 5 10/1/2048 0.16
      IL FIN AUTH-A-REF 5 5/15/2037 0.16
      NY ST TRANS DEV CORP 5 12/1/2038 0.16
      CA ST CMNTY DEV AUTH 5.25 12/1/2044 0.16
      OHIO-AMT-PORTSMOUTH 5 12/31/2035 0.16
      CO EDUCTNL & CULT FAC 5.8 4/1/2054 0.16
      MA DEV FIN AGY-REF 5 10/1/2047 0.16
      VALPARAISO-REF-REV 5 1/1/2054 0.16
      ARIZONA IDA-B 4 7/1/2061 0.16
      MET SAINT LOUIS SWR 5 5/1/2047 0.16
      GOLDEN ST TOBACCO -B 2.746 6/1/2034 0.16
      ARKANSAS UNIV BRD-A 5 11/1/2049 0.15
      VA SMALL BUS FIN-A 4 1/1/2045 0.15
      GEO L SMITH II GA CON 5 1/1/2054 0.15
      N DAKOTA ST HSG FIN 4.5 7/1/2043 0.15
      FL LOCAL GOVT FIN-A 6 6/15/2045 0.15
      AZ IND DEV AUTH-A 5 11/1/2054 0.15
      CMFA FIN AGY-A-2 4 8/1/2047 0.15
      CA CMNTY CHOICE FIN-H FRN 1/1/2056 0.15
      CA CMNTY CLG AUTH 5.25 5/1/2048 0.15
      CO UNIV REGENTS-A 5 6/1/2050 0.15
      JPM-DRIVERS-XL0356 FRN 2/1/2042 0.15
      CA ST MUNI FIN AUTH 5 6/1/2050 0.15
      CALIFORNIA SCH FIN- A 5 8/1/2048 0.15
      SIERRA CLG #2-B-WESTE 0 8/1/2030 0.14
      ILLINOIS ST 5.5 5/1/2039 0.14
      CAPITAL TRUST AUTH-A 5 6/1/2054 0.14
      ILLINOIS ST 5.5 5/1/2030 0.14
      AR DEV FIN AUTH-AMT-A 6.875 7/1/2048 0.14
      CALIFORNIA ST MUNI FI 5 5/15/2037 0.14
      MIDA MOUNTAIN VLG-1 5.75 6/1/2060 0.14
      NY TRANSPRTN DEV CORP 6 6/30/2055 0.14
      NEW JERSEY ECON DEV 6.375 1/1/2035 0.14
      ILLINOIS ST-B 5.25 5/1/2048 0.14
      CENTENNIAL WTR & SANT 5 12/1/2053 0.14
      LOS ANGELES DEPT-C 5 7/1/2054 0.14
      BUILD NYC RESOURCE 5.5 7/1/2055 0.14
      VA SMALL BUS FIN-A 4 1/1/2036 0.14
      AZ IND DEV AUTH-A 5 11/1/2049 0.14
      CHICAGO BOE-A 5.875 12/1/2047 0.14
      GDB DEBT RECOVERY AUT 7.5 8/20/2040 0.14
      ILLINOIS ST-A 5 3/1/2046 0.14
      ILLINOIS ST -A 5 5/1/2042 0.14
      NATIONAL FIN AUTH-A 5.25 7/1/2048 0.14
      ARKANSAS DEV FIN AUTH 5.45 9/1/2052 0.13
      CA EDUCTNL FACS-A 5 4/1/2047 0.13
      ALBANY CAP RESOURCE C 5 6/1/2064 0.13
      COLLIER CO HLTH FACS 5 5/1/2045 0.13
      WI HLTH & EDU FACS-A FRN 2/15/2050 0.13
      FLORIDA ST HGR EDUCTN 4.125 12/1/2054 0.13
      MAINE ST HSG AUTH MTG 4.7 11/15/2053 0.13
      CLEVELAND ETC PORT 5.25 12/1/2038 0.13
      JPM-DRIVERS-XL0357 FRN 5/15/2047 0.13
      PUB FIN AUTH-A 5 5/1/2060 0.13
      VA SMALL BUS FIN-A 4 1/1/2051 0.13
      NEW YORK CITY INDL 3 3/1/2036 0.13
      AZ IDA SR LIVING-B 5.125 1/1/2059 0.13
      PUB FIN AUTH-A 5 2/1/2062 0.13
      INDIANA FIN AUTH 4 2/1/2044 0.13
      CALIFORNIA ST MUNI FI 5 5/15/2034 0.13
      MIAMI-DADE CO-A-1-REV 4 10/1/2045 0.13
      MIDA CORMONT PUB-A-1 6.25 6/1/2055 0.13
      PUB FIN AUTH-REF 5.25 11/15/2061 0.12
      PUB FIN AUTH-REF 5 9/1/2039 0.12
      INDIANA FIN AUTH-A 5 6/1/2053 0.12
      IDAHO ST HLTH FACS AU 4 3/1/2051 0.12
      MATCHING FUND SPL-A 5 10/1/2032 0.12
      MARICOPA CNTY AZ INDL 3 1/1/2049 0.12
      ILLINOIS ST-B 5 5/1/2038 0.12
      PA TPK COMM-A-REF 3 12/1/2051 0.12
      GUAM GOVT BUSINESS PR 4 1/1/2042 0.12
      NJ TRANSPRTN TRUST-CC 5 6/15/2042 0.12
      SAN DIEGO CNTY CA-B 4 7/1/2051 0.12
      GREATER ORLANDO 5.5 11/1/2036 0.12
      LOMPOC UNIF SD-A 5.25 8/1/2054 0.12
      NJ TRANSPRTN TRUST-CC 5 6/15/2044 0.12
      COLUMBIA-BRAZORIA ISD 5 2/1/2044 0.12
      NY CITY TRANS FIN-F-1 5 2/1/2046 0.11
      ILLINOIS ST-B 5.25 5/1/2045 0.11
      DENVER URBAN RENWL-A 5.25 12/1/2039 0.05
      HOUSTON TX ARPT SYS R 4 7/15/2041 0.11
      RESTRUCTURED-SER A-2 4.329 7/1/2040 0.11
      NEW JERSEY ECON DEV 6.625 1/1/2045 0.11
      MA DEV FIN AGY-REF 5 10/1/2057 0.11
      MI FIN AUTH -A -REF-C 4 6/1/2040 0.11
      CVI-SUBSER CW NT FRN 11/1/2043 0.11
      ILLINOIS ST-B 5.25 5/1/2049 0.11
      MA DEV FIN-K1 5 10/1/2036 0.11
      CALIFORNIA CMNTY HSG 3 8/1/2056 0.11
      CHESAPEAKE-B-CONV CAB 4.875 7/15/2040 0.11
      MA BAY TRANS AUTH-A-2 5 7/1/2052 0.11
      MTEMS 2023-08FN PT 4.8 7/1/2045 0.11
      FAIRFAX CNTY SWR REV 5 7/15/2054 0.11
      CAPITAL TRUST AUTH-A 5 6/1/2039 0.11
      WA ST HSG FIN COMM-2N 4.8 12/1/2043 0.11
      HILLSBOROUGH CNTY FL 4 8/1/2045 0.11
      MIAMI-DADE CNTY FL HL 5 8/1/2042 0.11
      GUAM GOVT WTRWKS AUTH 5 1/1/2050 0.11
      LANCASTER CO HOSP AUT 5 11/1/2046 0.11
      CALIFORNIA ST MUNI FI 5 5/15/2043 0.11
      CA EDUCTNL FACS-A 5 4/1/2042 0.11
      DETROIT-A 5 4/1/2050 0.11
      SC PUB SVC AUTH-A-REF 5 12/1/2036 0.11
      NY TRANSPRTN DEV CORP 5 6/30/2049 0.11
      CA STATEWIDE CMNTY 5 5/15/2040 0.11
      AZ INDL DEV EDU-B 5.625 7/1/2048 0.11
      OHIO-AMT-PORTSMOUTH 5 12/31/2039 0.11
      NEW YORK TRANSPRTN-A 4 12/1/2039 0.11
      CALIFORNIA ST MUNI FI 5 5/15/2049 0.11
      CO EDUCTNL & CULT FAC 5.75 4/1/2059 0.11
      SAN DIEGO CNTY CA REG 5 4/1/2042 0.11
      MA DEV FIN AGY 5 10/1/2046 0.10
      MILITARY INSTALLATION 4 6/1/2041 0.10
      AZ INDL DEV AUTH -A 4 6/1/2044 0.10
      HOUSTON-B-AMT-REV 5.5 7/15/2039 0.10
      SIERRA VISTA INDL DEV 5 6/15/2064 0.10
      CA ST HLTH FACS AUTH 4.353 6/1/2041 0.10
      CA MUNI FIN AUTH-A 5 7/1/2052 0.10
      PR SALES TAX FING-A1 0 7/1/2046 0.10
      DANBURY HGR EDU AUTH 5 8/15/2039 0.10
      IDAHO ST HLTH FACS AU 4 3/1/2046 0.10
      PORT AUTH OF NEW YORK 5 10/15/2030 0.10
      MILITARY INSTALLATION 4 6/1/2052 0.09
      SAN DIEGO CNTY CA-B 4 7/1/2046 0.10
      MONROE CO INDL DEV CO 5 7/1/2054 0.10
      VI PUB FIN AUTH-A 5 10/1/2029 0.10
      CLIFTON HGR EDU-REF 4 8/15/2049 0.10
      NY LIBERTY DEV CORP-A 3 11/15/2051 0.10
      CLIFTON HGR EDU-A 5.25 2/15/2049 0.10
      LANCASTER CO HOSP AUT 5 11/1/2041 0.10
      HALIFAX HOSP MED CTR 4.25 6/1/2054 0.10
      CO BRD GOVS-C-PREREFD 5 3/1/2043 0.10
      ARLINGTON TX HGR EDU 5 8/15/2048 0.10
      CA ST SCH FIN AUTH-A 4 8/1/2061 0.10
      CO SPRINGS SD#11-COPS 5.25 12/15/2048 0.10
      MUNI ELEC AUTH OF GA 4 1/1/2049 0.10
      AZ INDL DEV AUTH-A 4 11/1/2049 0.10
      PUB FIN AUTH-REF 5.25 11/15/2055 0.10
      MET PIER & EXPOSITION 4 12/15/2047 0.09
      BUILD NYC RESOURCE CO 5.25 7/1/2057 0.09
      BEXAR HLTH FACS-REF 5 7/15/2041 0.09
      MIDA MOUNTAIN VLG-1 5.5 6/1/2050 0.09
      MA DEV FIN AGY-REF 4 7/1/2045 0.09
      DETROIT 5 4/1/2035 0.09
      CHICAGO BRD OF EDU 5 4/1/2042 0.09
      TULSA MUNI ARPT TRUST 6.25 12/1/2040 0.09
      MD H/E ADJ POOLD LN-B FRN 4/1/2035 0.09
      PUB FIN AUTH-REF 5.25 6/15/2045 0.09
      DANBURY HGR EDU AUTH 4 8/15/2049 0.09
      AZ INDL DEV AUTH-A 5 11/1/2044 0.09
      GUAM INTERNATIONAL AR 5.25 10/1/2031 0.09
      FL DEV FIN CORP-A 5 6/15/2040 0.09
      KY ECON DEV-A-REF 5 12/1/2047 0.09
      MS DEV BANK-WTR/SWR 6.875 12/1/2040 0.09
      MIAMI DADE CO-A-REF 4 10/1/2040 0.09
      AZ IDA SR LIVING-A2 5.125 1/1/2059 0.09
      INDIANA FIN AUTH-A 5.125 6/1/2058 0.09
      NYC TRANSITIONAL-S-1A 3 7/15/2039 0.09
      OHIO ST-E-REV-REF 4 1/15/2038 0.09
      MONTGOMERY CNTY PA HG 4 9/1/2044 0.09
      CLEVELAND ETC PORT 5.5 12/1/2043 0.09
      LEHIGH CO AUTH-REF 5.25 2/1/2054 0.09
      NYC INDL DEV AGY-A 3 1/1/2040 0.09
      NY ST TWY AUTH-P-REV 5.25 1/1/2054 0.08
      CHICAGO BRD OF EDU 5 4/1/2046 0.08
      AR DEV FIN AUTH 5 2/1/2035 0.08
      CA INFRASTRUCTURE-B 5 11/1/2049 0.08
      PALM BEACH CO-REV-A 5.75 10/1/2055 0.08
      CALIFORNIA STWD CMNTY 5.25 12/1/2038 0.08
      COLORADO ST HLTH FACS 5.25 11/1/2052 0.08
      MONROE CO INDL DEV-A 4.72 1/1/2044 0.08
      WEST VIRGINIA ST HOSP 5 9/1/2038 0.08
      MIDA MOUNTAIN VLG PUB 4 8/1/2050 0.08
      CA INFRASTRUCTURE-B 5 11/1/2054 0.08
      ARIZONA ST IDA-A 5 7/15/2049 0.08
      MAIN STREET NATURAL-A 5 5/15/2043 0.08
      MIDA MOUNTAIN VLG-2 STEP-CPN 6/1/2043 0.08
      CA MUNI FIN AUTH-A 5 7/1/2040 0.08
      WASHINGTON ST HLTH CA 5 9/1/2050 0.08
      MA DEV FIN AGY-LINDEN 5.125 11/15/2046 0.08
      BUILD NYC RESOURCE CO 5.25 7/1/2052 0.08
      CALIFORNIA STWD CMNTY 4 4/1/2042 0.08
      GUAM GOVT-A-REF 5 12/1/2046 0.08
      MI FIN AUTH -A -REF-C 4 6/1/2038 0.08
      S JERSEY PORT-B-AMT 5 1/1/2048 0.08
      CALIFORNIA STWD CMNTY 5 4/1/2047 0.08
      CHICAGO IL BRD OF EDU 6 4/1/2046 0.08
      CLEVELAND ETC PORT 5.5 12/1/2053 0.08
      GEISINGER PA AUTH HLT 4 4/1/2039 0.08
      MIDA MOUNTAIN VLG-1 5.5 6/1/2055 0.08
      TEXAS ST PRIV ACTIVIT 4 6/30/2039 0.08
      ATLANTA GA DEV AUTH 5.25 7/1/2044 0.08
      BATTERY PK CITY-D1 FRN 11/1/2038 0.08
      MA ST DEV FIN AGY-REF 5 4/15/2040 0.08
      TEXAS ST-B-VAR-REMK FRN 12/1/2043 0.08
      VI PUB FIN AUTH-A 5 10/1/2034 0.08
      WEST VIRGINIA ST HOSP 5 9/1/2039 0.08
      WI CENTER DIST-A-CABS 0 12/15/2046 0.08
      IL FIN AUTH 5.25 4/1/2043 0.08
      CAPITAL TRUST AUTH-A 5 6/1/2044 0.08
      PR SALES TAX FING-A1 4.75 7/1/2053 0.08
      FOOTHILL ESTRN TRANSP 2.962 1/15/2046 0.08
      OHIO ST-E-REV-REF 5 1/15/2036 0.08
      CA MUNI FIN AUTH-A 5 10/1/2057 0.08
      LOWER CO RIVER AUTH 5 5/15/2042 0.08
      ARIZONA IDA-B 4 7/1/2051 0.08
      MONTGOMERY CNTY OH 3 8/1/2040 0.08
      SPARTANBURG REGL HLTH 4 4/15/2036 0.08
      CA MUNI FIN AUTH-A 5 10/1/2049 0.07
      MASSACHUSETTS ST DEV 5 7/1/2044 0.07
      MET ATLANTA-B-REV 5 7/1/2044 0.07
      LANCASTER CO HOSP AUT 5 11/1/2040 0.07
      PR ELEC-REF-DDD 5 7/1/2022 0.07
      ARIZONA ST IDA-A 5 7/15/2039 0.07
      MIDA MOUNTAIN VETERAN 5 6/1/2044 0.07
      ARLINGTON HGR EDU FIN 5 12/1/2036 0.07
      GUAM INTERNATIONAL AR 5.375 10/1/2043 0.07
      MONROE CO INDL DEV CO 5 7/1/2044 0.07
      OHIO ST-E-REV-REF 4 1/15/2040 0.07
      ATLANTA DEV AUTH-A-1 5 4/1/2034 0.07
      CENTRL TX REGL MOBILI 5 1/1/2045 0.07
      SIERRA VISTA INDL DEV 5 6/15/2059 0.07
      CA CMNTY CLG AUTH 5.25 5/1/2043 0.07
      CHICAGO 5 11/1/2038 0.07
      DETROIT-A 5 4/1/2046 0.07
      S JERSEY PORT-B-AMT 5 1/1/2042 0.07
      ARIZONA INDL DEV AUTH 3 2/1/2045 0.07
      DIST OF COLUMBIA REV 4 7/1/2039 0.07
      ONEIDA INDIAN NATION 6 9/1/2043 0.07
      AZ INDL DEV EDU-B 5.5 7/1/2038 0.07
      DETROIT 5 4/1/2036 0.07
      OROVILLE CA REVENUE 5.25 4/1/2039 0.07
      CAPITAL TRUST AGY 5 12/15/2040 0.07
      CHICAGO-A 5.5 1/1/2049 0.07
      PUB FIN AUTH-REF 5.5 6/15/2055 0.07
      NJ TRANSPR TRUST 5.5 6/15/2050 0.06
      CA MUNI FIN AUTH-A 5.25 11/1/2041 0.06
      DETROIT 5 4/1/2033 0.06
      BUILD NYC RES CORP-A 5 12/1/2041 0.06
      CHICAGO BOE-A-REF 5 12/1/2026 0.06
      DIST OF COLUMBIA REV 4 7/1/2049 0.06
      BUILD NYC RESOURCE-A 5 6/15/2051 0.06
      FL ST DEV FIN CORP 5 6/1/2051 0.06
      LANCASTER CO HOSP AUT 5 11/1/2039 0.06
      UT ST CHRT SCH FIN-A 5 4/15/2049 0.06
      AR DEV FIN AUTH 5 2/1/2033 0.06
      DIST OF COLUMBIA REV 4 7/1/2044 0.06
      IL FIN AUTH-B-REF 5.25 4/1/2039 0.06
      LANCASTER CO HOSP AUT 5 11/1/2038 0.06
      PR SALES TAX FING-A1 0 7/1/2051 0.06
      INDIANA FIN AUTH -A - 6.75 5/1/2039 0.06
      GUAM INTERNATIONAL AR 5.375 10/1/2033 0.06
      PUBLIC FIN AUTH-A1 6.375 1/1/2048 0.06
      GUAM PWR AUTH-A-REF 5 10/1/2033 0.06
      TX TRANSPRTN-C-REF 5 8/15/2040 0.06
      IL FIN AUTH-A-REF 5.25 4/1/2042 0.06
      NJ TRANSPRTN TRUST-CC 5 6/15/2041 0.06
      CA MUNI FIN-A 5 7/1/2038 0.06
      MET ATLANTA-B-REV 5 7/1/2042 0.06
      ILLINOIS ST-B 5 5/1/2039 0.06
      TX PUB FIN AUTH-REV 5.25 5/1/2041 0.06
      GREATER ORLANDO 5.5 11/1/2037 0.06
      NJ TRANSPRTN TRUST-CC 5 6/15/2043 0.06
      ARLINGTON HGR EDU FIN 5 6/15/2064 0.06
      CAPITAL TRUST AGY 5 12/15/2035 0.06
      ILLINOIS ST-B 5.25 5/1/2044 0.06
      GOLDEN ST TOBACCO-B-2 0 6/1/2066 0.06
      LOWER CO RIVER AUTH 5 5/15/2044 0.06
      NEW YORK NY 3 3/1/2041 0.06
      NEW YORK ST DORM AUTH 5.5 10/1/2054 0.06
      WA HSG FIN CO-REV-REF 6.125 7/1/2053 0.06
      FOWLER CO UNIF SD-B 3.375 8/1/2045 0.06
      REGL CO TRANS DT-A 4 7/15/2033 0.06
      ILLINOIS ST-B 5.25 5/1/2047 0.06
      MIAMI-DADE EXPWY-A 5 7/1/2040 0.06
      JEFFERSON CO-REF 5.25 10/1/2049 0.06
      MET GOVT NASHVILLE -A 5.25 7/1/2053 0.06
      LOS ANGELES -C-REF 5 7/1/2052 0.06
      CA ST MUNI FIN AUTH-A 5 9/1/2049 0.06
      DETROIT 5 4/1/2029 0.06
      DETROIT 5 4/1/2031 0.06
      MIDA MOUNTAIN VLG-2 5.5 6/15/2039 0.06
      LOS ANGELES -C-REF 5 7/1/2055 0.06
      CALIFORNIA STWD CMNTY 5 12/1/2033 0.06
      DETROIT 5 4/1/2034 0.06
      POINT 1 DT#1-A-1 5.875 3/1/2045 0.06
      RI HLTH & EDU BLDG 5.25 8/15/2043 0.06
      IL FIN AUTH -REV 5 6/1/2047 0.06
      MIDA MOUNTAIN VLG-2 5.75 6/15/2044 0.06
      TRANSBAY JT PWRS-A 5 10/1/2040 0.06
      REGL CO TRANS DT-A 4 7/15/2035 0.06
      CALIFORNIA SCH FIN- A 5 8/1/2038 0.05
      VAIL HOME PARTNERS CO 5.875 10/1/2055 0.05
      CA INFRASTRUCTURE-B 5 11/1/2059 0.05
      CA SCH FIN AUTH-A-REF 5 6/1/2064 0.05
      HOUSTON TX ARPT SYS R 5 7/15/2027 0.05
      HOUSTON-C-REF-AMT 5 7/15/2027 0.05
      MORONGO BAND OF MISSN 5 10/1/2042 0.05
      CA SCH FIN-REV-REF 5 7/1/2049 0.05
      SIERRA VISTA INDL DEV 6.5 6/15/2060 0.05
      MA DEV FIN AGY-REF 5 10/1/2037 0.05
      MASSACHUSETTS ST DEV 5 1/1/2040 0.05
      ARLINGTON TX HGR EDU 5 8/15/2038 0.05
      CA MUNI FIN AUTH-A 5 2/1/2042 0.05
      IRVINE IMPT BOND ACT 4 9/2/2029 0.05
      TRANSBAY JT PWRS-A 5 10/1/2045 0.05
      CHICAGO IL BRD OF EDU 5 12/1/2041 0.05
      PENNSYLVANIA ST ECON 5 12/31/2057 0.05
      NTHRN CA TOBACCO-A 4 6/1/2039 0.05
      MILITARY INSTALLATION 4 6/1/2036 0.05
      TRANSBAY JT PWRS-A 5 10/1/2049 0.05
      IL FIN AUTH-A-REF 5.25 4/1/2043 0.05
      MIDA MOUNTAIN VLG-1 5.125 6/15/2054 0.05
      VA SMALL BUS FING AUT 4 1/1/2040 0.05
      PALOMAR HLTH-REF 5 11/1/2039 0.05
      NY TRANSPRTN DEV CORP 3 8/1/2031 0.05
      ARLINGTON HGR EDU FIN 4.875 6/15/2054 0.05
      PUB FIN AUTH-PIEDMONT 5 6/15/2053 0.05
      ARIZONA IDA-A 4 7/1/2041 0.05
      ALBANY CAP RESOURCE C 4.75 6/1/2054 0.05
      RESTRUCTURED-SER A1 5.75 7/1/2031 0.05
      DETROIT 5 4/1/2028 0.05
      POTTSBORO HGR EDU-A 5 8/15/2046 0.05
      BUILD NYC RESOURCE-A 5 6/1/2047 0.05
      RESTRUCTURED-SER A1 5.625 7/1/2029 0.05
      TRANSBAY JT PWRS-A 5 10/1/2039 0.05
      AZ ST INDL DEV AUTH 5 7/1/2049 0.05
      REGL CO TRANS DT-A 3 7/15/2037 0.05
      MIDA MOUNTAIN VLG PUB 4 8/1/2030 0.05
      RESTRUCTURED-SER A1 5.625 7/1/2027 0.05
      ARLINGTON HGR EDU FIN 4.875 6/15/2059 0.05
      WASHINGTON HLTH CARE 4 12/1/2048 0.05
      GUAM INTERNATIONAL AR 5 10/1/2028 0.05
      MA DEV FIN AGY-N-REF 5 10/1/2043 0.05
      MIDA MOUNTAIN VLG-1 5.25 6/1/2045 0.05
      WASHINGTON ST HLTH CA 4 9/1/2050 0.05
      GA MUNI ELEC AUTH-A 4 1/1/2051 0.05
      DETROIT 5 4/1/2032 0.05
      PUB FIN AUTH-B 9 5/1/2071 0.05
      TOBACCO SETTLEMENT-A2 4 6/1/2040 0.05
      INDIANA FIN AUTH-A 5 6/1/2043 0.05
      OR COAST COMNTY-CONV 5 6/15/2045 0.05
      CA SCH FIN AUTH-A 5 7/1/2047 0.05
      ARLINGTON TX HGR EDU 5 8/15/2053 0.05
      TOLEDO-LUCAS CO PORT 4 1/1/2051 0.05
      ARLINGTON HGR EDU FIN 4.75 6/15/2049 0.04
      CA SCH FIN AUTH-PRERE 5 6/1/2047 0.04
      RESTRUCTURED-SER A1 4 7/1/2033 0.04
      IL FIN AUTH-A-REF 5.25 4/1/2044 0.04
      RESTRUCTURED-SER A-2 4.784 7/1/2058 0.04
      RESTRUCTURED-SER A1 4 7/1/2041 0.04
      NTHRN CA TOBACCO-A 4 6/1/2038 0.04
      OHIO ST-E-REV-REF 4 1/15/2039 0.04
      INDIANA FIN AUTH-A 5 6/1/2038 0.04
      RESTRUCTURED-SER A1 4 7/1/2046 0.04
      NEW MEMPHIS ARENA PUB STEP-CPN 4/1/2031 0.04
      FOOTHILL ESTRN TRANSP 3.062 1/15/2043 0.04
      ARLINGTON HGR EDU FIN 4.5 6/15/2044 0.04
      LOS ANGELES -C-REF 5 7/1/2049 0.04
      RESTRUCTURED-CABS-SER 0 7/1/2033 0.04
      GUAM INTERNATIONAL AR 5.25 10/1/2036 0.04
      CHICAGO BRD OF EDU-A 4 12/1/2027 0.04
      MARLAND ECON DEV CORP 5 6/1/2049 0.04
      TAMPA -A -REV -CABS 0 9/1/2045 0.04
      MET TRANS-C2-UNREFUND 5.175 11/15/2049 0.04
      NEW YORK TRANSPRTN-A 5 12/1/2037 0.04
      WARM SPRINGS-B-REF 5 11/1/2036 0.04
      WARM SPRINGS-B-REF 5 11/1/2039 0.04
      RESTRUCTURED-SER A1 4 7/1/2035 0.04
      DETROIT 5 4/1/2030 0.04
      LOWELL COLLEGIATE 5 6/15/2049 0.04
      LOWELL COLLEGIATE 5 6/15/2054 0.04
      HIDALGO CO-A 4 12/1/2041 0.04
      LOUISIANA ST PUB FACS 3 6/1/2050 0.04
      ARLINGTON HGR EDU FIN 4 8/15/2046 0.04
      BUILD NYC RESOURCE-A 5 6/1/2037 0.04
      CA MUNI FIN AUTH-A 5.25 11/1/2047 0.04
      OREGON ST-A-REF 5 5/1/2040 0.04
      ARIZONA IDA-B 4 7/1/2041 0.04
      CMFA SPL FIN AGY CA E 3 12/1/2056 0.04
      CA SCH FIN AUTH-UNREF 5 6/1/2047 0.04
      ARIZONA ST INDL DEV A 5 12/15/2049 0.03
      LANCASTER CO HOSP AUT 5 11/1/2037 0.03
      UT ST CHRT SCH FIN-A 5 4/15/2044 0.03
      CA ST SCH FIN AUTH-A 4 8/1/2051 0.03
      RESTRUCTURED-SER A1 4 7/1/2037 0.03
      NEW MEMPHIS ARENA PUB 0 4/1/2032 0.03
      CHICAGO BRD OF EDU-B 5 12/1/2033 0.03
      CA ST MUNI FIN AUTH 5 6/1/2035 0.03
      CLARKSVILLE BLDG-POOL FRN 2/1/2038 0.03
      CA SCH FIN AUTH-A 5 7/1/2037 0.03
      OREGON ST-A-REF 5.25 5/1/2042 0.03
      TX PUB FIN AUTH-REV 5.25 5/1/2040 0.03
      GUAM INTERNATIONAL AR 5.375 10/1/2040 0.03
      IL FIN AUTH-A-REF 5.25 4/1/2041 0.03
      TAMPA -A -REV -CABS 0 9/1/2049 0.03
      LATROBE INDL DEV AUTH 4 3/1/2046 0.03
      A.B WON PAT AUTH-A 5 10/1/2032 0.03
      LATROBE INDL DEV AUTH 4 3/1/2051 0.03
      ARLINGTON HGR EDU FIN 4 8/15/2041 0.03
      MI TOB SETTLMT-CABS-C 0 6/1/2058 0.03
      TAMPA -A -REV -CABS 0 9/1/2041 0.03
      BUILD NYC RES CORP -A 4 6/15/2051 0.03
      FL DEV FIN IMAGINE 5 12/15/2034 0.03
      CALIFORNIA PUBLIC FIN 5 11/15/2036 0.03
      FL DEV FIN IMAGINE 5 12/15/2039 0.03
      DAYTON-MONTGOMERY-REV 5 12/1/2044 0.03
      NEW YORK ST DORM AUTH 5.25 10/1/2049 0.03
      BUILD NYC RESOURCE-A 5 6/1/2032 0.03
      NTHRN CA TOBACCO-A 4 6/1/2037 0.03
      TAMPA -A -REV -CABS 0 9/1/2042 0.03
      CA ST SCH FIN AUTH-A 4 8/1/2041 0.03
      BUILD NYC RES CORP -A 4 6/15/2041 0.03
      MASSACHUSETTS ST DEV 4 10/1/2045 0.02
      VERNON-A-REF -REV 5 8/1/2039 0.02
      ARIZONA INDL DEV AUTH 4 12/15/2041 0.02
      INDIANA FIN AUTH-A 5 6/1/2033 0.02
      VERNON-A-REF -REV 5 8/1/2041 0.02
      FL DEV FIN IMAGINE 4 12/15/2029 0.02
      PR SALES TAX FING-A1 0 7/1/2033 0.02
      NEW YORK TRANSPRTN-A 5 12/1/2035 0.02
      PR SALES TAX FING-A1 0 7/1/2031 0.02
      ARIZONA ST INDL DEV A 5 12/15/2039 0.02
      VERNON-A-REF -REV 5 8/1/2040 0.02
      NTHRN CA TOBACCO-A 4 6/1/2040 0.02
      PENNSYLVANIA ST ECON 6.5 12/1/2038 0.02
      ALBANY CAP RESOURCE C 4.5 6/1/2044 0.02
      DEKALB CO DEV AUTH -A 5 6/1/2055 0.02
      OR COAST COMNTY-CONV 5 6/15/2039 0.02
      INDIANA FIN AUTH-A 5 6/1/2032 0.02
      PR SALES TAX FING-A1 0 7/1/2029 0.02
      BUILD NYC RES CORP -A 4 6/15/2056 0.02
      TX PUB FIN AUTH-REV 5.25 5/1/2039 0.02
      OR COAST COMNTY-CONV 5 6/15/2038 0.02
      ARLINGTON HGR EDU FIN 4 8/15/2036 0.02
      OR COAST COMNTY-CONV 5 6/15/2043 0.02
      CA ST SCH FIN AUTH-A 4 8/1/2036 0.02
      MA H/E VAR-MUSEUM-A1 FRN 12/1/2037 0.02
      GUAM INTERNATIONAL AR 5.25 10/1/2035 0.02
      DEKALB CO DEV AUTH -A 5 6/1/2050 0.02
      CA SCH FIN-REV-REF 5 7/1/2039 0.01
      PR SALES TAX FING-A1 0 7/1/2027 0.01
      DEKALB CO DEV AUTH -A 5 6/1/2040 0.01
      LA PUB FAC-A-PREREFD 4 4/1/2050 0.01
      BUILD NYC RESOURCE-A 2.5 6/15/2031 0.01
      OR COAST COMNTY-CONV 5 6/15/2040 0.01
      CALIFORNIA PUBLIC FIN 5 11/15/2051 0.01
      N CALIF GAS-LIBOR FRN 7/1/2027 0.01
      OR COAST COMNTY-CONV 5 6/15/2042 0.01
      NY TRANSPRTN DEV CORP 2.25 8/1/2026 0.01
      PR SALES TAX FING-A1 4.55 7/1/2040 0.01
      MARLAND ECON DEV CORP 5 6/1/2044 0.01
      A.B WON PAT AUTH-A 5.25 10/1/2037 0.01
      CVI-HTA 98 SR CLAIM FRN 11/1/2051 0.01
      CAPITAL TRUST AGY-A1 5 7/1/2048 0.01
      A.B WON PAT AUTH-B 5 10/1/2041 0.01
      A.B WON PAT AUTH-A 5 10/1/2034 0.01
      A.B WON PAT AUTH-A 5.25 10/1/2035 0.01
      A.B WON PAT AUTH-A 5.25 10/1/2038 0.01
      A.B WON PAT AUTH-A 5.25 10/1/2039 0.01
      A.B WON PAT AUTH-A 5.25 10/1/2040 0.01
      A.B WON PAT AUTH-B 5 10/1/2040 0.01
      A.B WON PAT AUTH-A 5.25 10/1/2041 0.01
      A.B WON PAT AUTH-B 5 10/1/2042 0.01
      A.B WON PAT AUTH-B 5 10/1/2043 0.01
      MA CMWLTH -E-TXBL-REF 1.77 11/1/2032 0.00
      RESTRUCTURED-SER A-2 4.536 7/1/2053 0.00
      CAPITAL TRUST AGY-B 5 7/1/2053 0.00
      US ULTRA BOND CBT Mar26 -0.02
      Net Current Assets -0.04

      % Portfolio Weight is calculated using the closing market price of each security from the prior business day.

      Holdings are subject to change. The holdings listed should not be considered recommendations to buy or sell a security.

      Asset Allocation

          Stats & Risks

          Main Risks

          ETFs trade like stocks, are subject to investment risk, including possible loss of principal.

          Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price decline.

          High yield bonds involve increased credit and liquidity risk than higher rated bonds and are considered speculative in terms of the issuer's ability to pay interest and repay principal on a timely basis.

          Municipal income may be subject to state and local taxes. Some income may be subject to the federal alternative minimum tax for certain investors. Capital gains, if any, are taxable.

          Distributions

          Dividend Schedule

          Declared
          Monthly
          Distributed
          Monthly
          Paid
          Monthly
          Fiscal Year End
          Aug 31

          Distributions History

          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN          		 LONG-TERM 
          CAPITAL GAIN          		 RETURN OF CAPITAL TOTAL DISTRIBUTION
          02/02/26 02/02/26 02/05/26 0.0504 0.0000 0.0000 0.0000 0.0504
          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN          		 LONG-TERM 
          CAPITAL GAIN          		 RETURN OF CAPITAL TOTAL DISTRIBUTION
          Literature

          Literature

          PRODUCT INFORMATION

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          ETF Profile Sheet Download

          BNY Mellon Municipal Opportunities Fund Materials

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          Annual Report - Class M Download
          Semi Annual Report - Class M Download
          Annual Financials and Other Information Download

          Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains that and other information about the fund, and read it carefully before investing.

          ETF shares are listed on an exchange, and shares are generally purchased and sold in the secondary market at market price. At times, the market price may be a premium or discount to the ETF's per share NAV. In addition, ETFs are subject to the risk that an active trading market for an ETF's shares may not develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions. Any applicable brokerage commissions will reduce returns.

          ETFs trade like stocks, are subject to investment risk, including possible loss of principal. The risks of investing in this ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

          The fund will issue (or redeem) fund shares to certain institutional investors known as “Authorized Participants” (typically market makers or other broker-dealers) only in large blocks of fund shares known as “Creation Units.” BNY Mellon Securities Corporation (“BNYSC”), a subsidiary of BNY, serves as distributor of the fund. BNYSC does not distribute fund shares in less than Creation Units, nor does it maintain a secondary market in fund shares. BNYSC may enter into selected agreements with Authorized Participants for the sale of Creation Units of Creation Units of fund shares.

          Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

          This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

          Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.

           

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          BNY Investments Dreyfus provides institutional investors and intermediaries with a variety of domestic and offshore money funds and short duration separate account strategies. BNY Investments Dreyfus (Dreyfus) is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation (BNY). Securities are offered by BNY Mellon Securities Corporation (BNYSC), a registered broker-dealer and affiliate of MIC. BNY Investments is the brand name for the investment management business of BNY and its investment firm affiliates worldwide. Certain offshore products are not available to US investors and are distributed by BNY entities licensed in the relevant jurisdictions.

           

          The information provided on this site is for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circumstances. This information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorized.

           

          Investment Products: Not FDIC-Insured | No Bank Guarantee | May Lose Value

           

          BNY Mellon Securities Corporation, distributor, 240 Greenwich St., New York, NY 10286

           

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