Please ensure Javascript is enabled for purposes of website accessibility
Gathering data
Disclaimer Not Available
Back to All Exchange-Traded Funds >

    BNY Mellon Municipal Opportunities ETF (BMOP)

    • CUSIP 05613H803
    • NAV  $ 24.96 As of  03/03/26
    • CHG  $ -0.13 (-0.52 %)
    • MKT PRICE  $24.94 As of  03/03/26
    • CHG  $-0.16 (-0.64 %)
    • 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
    $1,849,330,875  As of  03/03/26
    NUMBER OF SHARES OUTSTANDING
    74,100,124  As of  03/03/26
    MARKET PRICE 52-WEEK HIGH
    $25.23  As of  02/27/26
    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 03/03/26      SUBSIDIZED     		UNSUBSIDIZED CURRENT YIELD
    as of  03/03/26     		CONTRACTUAL
    FEE WAIVER END DATE     		PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of  12/31/25     NET     		GROSS
    3.67 3.67 3.79 - 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  03/03/26 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% 94,866 110,453 -0.09% 1.15%

    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 02/28/26
    Name 3 MO
    02/28/26     		YTD
    02/28/26     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Municipal Opportunities ETF
    BMOP
    		1.69 1.94 3.33 4.84 1.63 2.95 5.42
    Bloomberg U.S. Municipal Bond Index
    		- - - - - - -
    S&P Municipal Bond Index
    		- - - - - - -

    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 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  03/03/26
      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 03/04/26
      Holdings % Portfolio Weight
      INTERMOUNTAIN PWR AGY 5 7/1/2042 0.87
      PUERTO RICO CMWLTH AQ 5 7/1/2030 0.86
      Net Current Assets 0.83
      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 0.62
      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 0.59
      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 0.58
      IDAHO ST HSG & FIN AS 5 8/15/2043 0.57
      TRIBOROUGH BRIDGE-A-3 5.25 5/15/2064 0.57
      MA SCH BLDG-B-SUB 5.25 2/15/2048 0.56
      BLACK BELT ENERGY GAS FRN 10/1/2052 0.55
      MA SCH BLDG-SUB-A 5.25 2/15/2048 0.53
      HIGH STAR RANCH FING 6.25 12/1/2055 0.49
      LA PUB FACS AUTH-AMT 5.5 9/1/2054 0.48
      PR SALES TAX FING-A1 5 7/1/2058 0.46
      WA MET AREA TRANSIT-A 3 7/15/2040 0.46
      MATCHING FUND SPL-A 5 10/1/2039 0.46
      CAL INFRA & ECO DEV-B FRN 1/1/2065 0.44
      GOLDEN ST TOBACCO-A1 4.214 6/1/2050 0.43
      TOBACCO SETTLEMENT-A 5 6/1/2046 0.43
      CHICAGO-A-REV 5.25 1/1/2041 0.43
      CHICAGO BOE-B-REF 6.75 12/1/2030 0.43
      TX PRIVATE ACTIVITY 5.5 12/31/2058 0.42
      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 0.40
      OK CTY WTR UTIL TRUST 5 7/1/2054 0.40
      BUILD NYC RESOURCE-A 7 12/15/2065 0.39
      ARKANSAS DEV FIN AUTH 5.7 5/1/2053 0.39
      VA PORT AUTH 5 7/1/2043 0.38
      RI HLTH-PROVIDENCE 5 11/1/2045 0.38
      CHICAGO BRD ED-B-REF 6 12/1/2043 0.38
      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 0.37
      PR ELEC PWR AUTH-A 6.75 7/1/2036 0.36
      SAN FRANCISCO APRT-A 5 5/1/2044 0.36
      CHICAGO 5 11/1/2039 0.36
      NYC MUNI WTR-BB FRN 6/15/2051 0.36
      DT OF COLUMBIA-A-REV 5 7/1/2042 0.35
      CA CMNTY CHOICE FING FRN 1/1/2054 0.35
      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 0.34
      FL DEV FIN CORP-A 5 6/15/2050 0.33
      FULTON CNTY GA DEV AU 5 3/15/2044 0.33
      RI HLTH & EDUCTNL-C 5 5/15/2043 0.33
      MET TRANSPRTN-C-1 5 11/15/2050 0.33
      TX WTR DEV BRD-REV 5 8/1/2044 0.33
      CA MUNI FIN AUTH 5 5/15/2048 0.33
      PUBLIC FIN AUTH WI HO 4 6/1/2045 0.33
      JPM-DRIVERS-XL0619 FRN 5/15/2048 0.32
      PUB FIN AUTH-AMT 5.75 6/30/2060 0.32
      SOUTHEAST ENERGY AUTH FRN 1/1/2054 0.32
      NJ EDUCTNL FACS-A FRN 7/1/2064 0.30
      FORT BEND ISD-A-REF 4.25 8/15/2054 0.32
      TRIBOROUGH BRIDGE-A 5.25 12/1/2054 0.32
      DETROIT COPS-TAXABLE 4.613 6/15/2015 0.31
      DT OF COLUMBIA 5.25 1/1/2048 0.31
      CA MUNI AUTH-1-A-1 4.05 7/20/2041 0.31
      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
      HIGHER EDUCTNL FACS-A 3 12/1/2048 0.30
      MA DEV FIN AGY 5 7/1/2040 0.30
      MA DEV FIN AGY-A 5.25 1/1/2042 0.30
      PUB FIN AUTH-AMT 6.5 12/31/2065 0.30
      NJ ECON DEV AUTH-AMT 5.375 1/1/2043 0.30
      ILLINOIS ST-B 5 6/15/2039 0.30
      DASNY 5 10/1/2038 0.30
      CONNECTICUT ST-B 3 6/1/2038 0.30
      COLLIN CNTY 5 2/15/2040 0.30
      ARLINGTON HGR EDU FIN 4 2/15/2049 0.30
      S E ENERGY AUTH-A-1 FRN 1/1/2053 0.29
      OK TPK AUTH-A 5.5 1/1/2054 0.29
      IN FIN AUTH-D-1-REF FRN 10/1/2064 0.29
      KY PUB ENERGY AUTH-A FRN 6/1/2055 0.29
      CA CMNTY CHOICE FIN-C FRN 12/1/2055 0.29
      ILLINOIS ST-D 5 11/1/2028 0.29
      OK TPK AUTH-A 5.25 1/1/2050 0.29
      MAIN ST NAT GAS INC-D FRN 5/1/2054 0.29
      KY PUB ENERGY-A FRN 5/1/2055 0.29
      NJ ECON DEV AUTH-AMT 5.125 1/1/2034 0.29
      HOUSTON-A-REF 5.25 3/1/2049 0.29
      NEW YORK-D 5.25 4/1/2047 0.29
      COOK CO-A-REF 5.25 11/15/2045 0.29
      SC JOBS-ECO AUTH-REF 5.25 11/1/2054 0.29
      MAIN STREET NATURAL-B FRN 12/1/2052 0.29
      MASSACHUSETTS ST-A 5 1/1/2041 0.29
      MIAMI-DADE CNTY WTR-A 5.25 10/1/2054 0.28
      MASSACHUSETTS ST 5 7/1/2045 0.28
      TRIBOROUGH BRIDGE-A-1 5.25 5/15/2064 0.28
      TN ENERGY ACQ CORP-A- FRN 5/1/2053 0.28
      PUERTO RICO CMWLTH AQ 5 7/1/2035 0.28
      UNIV OF CALIFORNIA-AZ 5 5/15/2043 0.28
      PUB FIN AUTH-AMT 5.75 12/31/2065 0.28
      POINT 1 DT#1-A-1 6.125 3/1/2055 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
      TRIBOROUGH BRIDGE 5 11/15/2049 0.28
      NEW YORK ST TRANSPRTN 5.5 6/30/2054 0.28
      CA MUNI FIN AUTH 5 5/15/2043 0.28
      AUBURN UNIV GEN FEE 5 6/1/2048 0.28
      NEW YORK ST TRANSPRTN 5.25 6/30/2049 0.27
      MINNEAPOLIS -REV 4 11/15/2038 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
      NEW YORK-I-3 FRN 3/1/2044 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 0.27
      NYC TRANSITIONAL-A-1 5.5 5/1/2050 0.27
      CLIFTON HGR EDU-REF 4 8/15/2044 0.26
      CALIFORNIA ST HLTH FA 4 5/15/2046 0.26
      CO BRIDGE & TUNNEL-A 5.5 12/1/2054 0.26
      GOLDEN ST TOBACCO -B 3.293 6/1/2042 0.26
      ARLINGTON CNTY VA IND 4 7/1/2045 0.26
      OHIO ST 3 5/1/2039 0.25
      CALIFORNIA CMNTY HSG 5 8/1/2049 0.25
      SIERRA CLG #2-B-WESTE 0 8/1/2031 0.25
      MO HLTH & EDUCTNL-A 4.25 4/1/2055 0.25
      GRAND PKWY TRANSPRTN 4 10/1/2049 0.25
      ST JAMES PSH-REV-REMK 6.35 7/1/2040 0.25
      WI HLTH & EDL FACS-C 5 2/15/2047 0.24
      FOOTHILL E TRANSP-B1 3.95 1/15/2053 0.24
      MET WASHINGTON DC-B 4 10/1/2053 0.24
      OHIO ST-REV-REF 4 10/1/2042 0.24
      CLIFTON HGR EDU 5 8/15/2047 0.24
      IA ST FIN AUTH 5 8/1/2042 0.24
      MIDA MOUNTAIN VLG-2 6 6/15/2054 0.24
      CALIFORNIA ST 5.25 10/1/2045 0.24
      MARICOPA CNTY AZ PO 2.4 6/1/2035 0.24
      TRIBOROUGH BRID-C-1A 5 5/15/2040 0.24
      ARKANSAS UNIV BRD-A 5 11/1/2054 0.24
      HOUSTON-A-REF 5 3/1/2042 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
      JEFFERSON PSH ECON-A 5.625 6/15/2048 0.23
      NY ST TRANS DEV CORP 5 12/1/2039 0.23
      NY TRANSPRTN DEV CORP 6 6/30/2059 0.23
      PUB FIN AUTH 4.25 7/1/2054 0.23
      PUBLIC FIN AUTH-A 5.5 7/1/2044 0.23
      MIDA MOUNTAIN VETERAN 5.2 6/1/2054 0.23
      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
      CVI-CW/PRIFA RUM FRN 11/1/2051 0.21
      NYC INDL DEV AGY-A 3 1/1/2039 0.21
      NY TOBACCO-A-2B-REF 5 6/1/2045 0.21
      NYC INDL DEV AGY-A 3 1/1/2046 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
      CA CMNTY HSG AGY-A 5 2/1/2050 0.21
      MAIN STREET NATURAL-A FRN 6/1/2055 0.21
      DALLAS & FORT WORTH-B 5 11/1/2047 0.21
      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
      HARRIS CNTY TX CULTUR 3 10/1/2051 0.20
      GRANT UHSD-CABS ELEC 0 2/1/2033 0.20
      ONEIDA CO NY LOCAL DE 4 12/1/2049 0.20
      LBJ INFRASTRUCTURE GROUP 3.797 12/31/2057 0.20
      E BATON ROUGE INDL-B FRN 12/1/2040 0.19
      ARLINGTON HGR EDU 4.5 8/15/2050 0.19
      NV DEPT OF BUS SER B FRN 1/1/2065 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
      N DAKOTA ST HSG FIN 4.55 7/1/2048 0.18
      PHILADELPHIA HSG-A 5.25 3/1/2038 0.18
      CA PUB FIN AUTH -A 4 7/15/2051 0.18
      CALIFORNIA ST MUNI FI 5 5/15/2039 0.18
      FOREST LAKE MN CHARTE 5 7/1/2056 0.18
      PUB FIN AUTH-PIEDMONT 5 6/15/2049 0.18
      HOUSTON-A-REF 5 3/1/2040 0.18
      AZ INDL DEV EDU-B 5.75 7/1/2053 0.18
      CA CMNTY HSG AGY-A 4 2/1/2056 0.18
      TEMPLE ISD 5 2/1/2044 0.17
      JEFFERSON PSH ECON-A 5.5 6/15/2038 0.17
      SIERRA VISTA INDL DEV 5 6/15/2054 0.17
      NYC TRANSITIONAL-A-1 5.25 5/1/2048 0.17
      DIST OF COLUMBIA- REV 5 7/1/2049 0.17
      NTHRN IN COMMUTER-REV 5.25 1/1/2049 0.17
      MATCHING FUND SPL-A 5 10/1/2030 0.17
      MET SAINT LOUIS SWR 5.25 5/1/2052 0.17
      NY ST TRANS DEV CORP 5 12/1/2042 0.17
      CHICAGO O'HARE ARPT-A 5 1/1/2037 0.17
      FOWLER CO UNIF SD-B 5 8/1/2050 0.17
      CALIFORNIA CMNTY CHOI FRN 2/1/2052 0.17
      FAYETTE CO DEV AUTH 5.25 10/1/2049 0.17
      DALLAS ISD-B-REF 4.5 2/15/2045 0.17
      MISSION ECON DEV-AMT 4.625 10/1/2031 0.17
      CALIFORNIA ST EDUCTNL 5 10/1/2048 0.17
      FAYETTE CO DEV AUTH 5.25 10/1/2054 0.17
      VA SMALL BUSINESS FIN 4 1/1/2048 0.17
      CA ST MUNI FIN-AMT 4 7/15/2029 0.17
      IL FIN AUTH-A-REF 5 5/15/2037 0.16
      CA ST CMNTY DEV AUTH 5.25 12/1/2044 0.16
      OHIO-AMT-PORTSMOUTH 5 12/31/2035 0.16
      NY ST TRANS DEV CORP 5 12/1/2038 0.16
      NYC MUNI WTR FIN-CC FRN 6/15/2056 0.16
      MA DEV FIN AGY-REF 5 10/1/2047 0.16
      CO EDUCTNL & CULT FAC 5.8 4/1/2054 0.16
      GOLDEN ST TOBACCO -B 2.746 6/1/2034 0.16
      MET SAINT LOUIS SWR 5 5/1/2047 0.16
      ARIZONA IDA-B 4 7/1/2061 0.16
      ARKANSAS UNIV BRD-A 5 11/1/2049 0.16
      VA SMALL BUS FIN-A 4 1/1/2045 0.16
      FL LOCAL GOVT FIN-A 6 6/15/2045 0.15
      N DAKOTA ST HSG FIN 4.5 7/1/2043 0.15
      GEO L SMITH II GA CON 5 1/1/2054 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 CLG AUTH 5.25 5/1/2048 0.15
      CA CMNTY CHOICE FIN-H FRN 1/1/2056 0.15
      CO UNIV REGENTS-A 5 6/1/2050 0.15
      CA ST MUNI FIN AUTH 5 6/1/2050 0.15
      CALIFORNIA SCH FIN- A 5 8/1/2048 0.15
      JPM-DRIVERS-XL0356 FRN 2/1/2042 0.15
      CAPITAL TRUST AUTH-A 5 6/1/2054 0.15
      SIERRA CLG #2-B-WESTE 0 8/1/2030 0.15
      ILLINOIS ST 5.5 5/1/2039 0.15
      AR DEV FIN AUTH-AMT-A 6.875 7/1/2048 0.15
      CALIFORNIA ST MUNI FI 5 5/15/2037 0.15
      ILLINOIS ST 5.5 5/1/2030 0.15
      MIDA MOUNTAIN VLG-1 5.75 6/1/2060 0.15
      NY TRANSPRTN DEV CORP 6 6/30/2055 0.14
      PUB FIN AUTH-A 5 5/1/2060 0.14
      NEW JERSEY ECON DEV 6.375 1/1/2035 0.14
      BUILD NYC RESOURCE 5.5 7/1/2055 0.14
      CENTENNIAL WTR & SANT 5 12/1/2053 0.14
      LOS ANGELES DEPT-C 5 7/1/2054 0.14
      ILLINOIS ST-B 5.25 5/1/2048 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
      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 0.14
      CA EDUCTNL FACS-A 5 4/1/2047 0.14
      COLLIER CO HLTH FACS 5 5/1/2045 0.14
      WI HLTH & EDU FACS-A FRN 2/15/2050 0.14
      ALBANY CAP RESOURCE C 5 6/1/2064 0.13
      CLEVELAND ETC PORT 5.25 12/1/2038 0.13
      MAINE ST HSG AUTH MTG 4.7 11/15/2053 0.13
      JPM-DRIVERS-XL0357 FRN 5/15/2047 0.13
      FLORIDA ST HGR EDUCTN 4.125 12/1/2054 0.13
      VA SMALL BUS FIN-A 4 1/1/2051 0.13
      GDB DEBT RECOVERY AUT 7.5 8/20/2040 0.13
      NEW YORK CITY INDL 3 3/1/2036 0.13
      PUB FIN AUTH-A 5 2/1/2062 0.13
      AZ IDA SR LIVING-B 5.125 1/1/2059 0.13
      INDIANA FIN AUTH 4 2/1/2044 0.13
      MIAMI-DADE CO-A-1-REV 4 10/1/2045 0.13
      CALIFORNIA ST MUNI FI 5 5/15/2034 0.13
      MIDA CORMONT PUB-A-1 6.25 6/1/2055 0.13
      PUB FIN AUTH-REF 5.25 11/15/2061 0.13
      PUB FIN AUTH-REF 5 9/1/2039 0.12
      INDIANA FIN AUTH-A 5 6/1/2053 0.12
      MARICOPA CNTY AZ INDL 3 1/1/2049 0.12
      MATCHING FUND SPL-A 5 10/1/2032 0.12
      SAN DIEGO CNTY CA-B 4 7/1/2051 0.12
      ILLINOIS ST-B 5 5/1/2038 0.12
      IDAHO ST HLTH FACS AU 4 3/1/2051 0.12
      PA TPK COMM-A-REF 3 12/1/2051 0.12
      NJ TRANSPRTN TRUST-CC 5 6/15/2042 0.12
      GREATER ORLANDO 5.5 11/1/2036 0.12
      NJ TRANSPRTN TRUST-CC 5 6/15/2044 0.12
      LOMPOC UNIF SD-A 5.25 8/1/2054 0.12
      COLUMBIA-BRAZORIA ISD 5 2/1/2044 0.12
      NY CITY TRANS FIN-F-1 5 2/1/2046 0.12
      CVI-SUBSER CW NT FRN 11/1/2043 0.11
      DENVER URBAN RENWL-A 5.25 12/1/2039 0.05
      ILLINOIS ST-B 5.25 5/1/2045 0.11
      RESTRUCTURED-SER A-2 4.329 7/1/2040 0.11
      HOUSTON TX ARPT SYS R 4 7/15/2041 0.11
      NEW JERSEY ECON DEV 6.625 1/1/2045 0.11
      MA DEV FIN AGY-REF 5 10/1/2057 0.11
      MA BAY TRANS AUTH-A-2 5 7/1/2052 0.11
      MI FIN AUTH -A -REF-C 4 6/1/2040 0.11
      ILLINOIS ST-B 5.25 5/1/2049 0.11
      CALIFORNIA CMNTY HSG 3 8/1/2056 0.11
      CHESAPEAKE-B-CONV CAB 4.875 7/15/2040 0.11
      MA DEV FIN-K1 5 10/1/2036 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
      NY TRANSPRTN DEV CORP 5 6/30/2049 0.11
      SC PUB SVC AUTH-A-REF 5 12/1/2036 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
      CALIFORNIA ST MUNI FI 5 5/15/2049 0.11
      NEW YORK TRANSPRTN-A 4 12/1/2039 0.11
      SAN DIEGO CNTY CA REG 5 4/1/2042 0.11
      CO EDUCTNL & CULT FAC 5.75 4/1/2059 0.11
      MA DEV FIN AGY 5 10/1/2046 0.11
      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
      PR SALES TAX FING-A1 0 7/1/2046 0.10
      SIERRA VISTA INDL DEV 5 6/15/2064 0.10
      CA MUNI FIN AUTH-A 5 7/1/2052 0.10
      CA ST HLTH FACS AUTH 4.353 6/1/2041 0.10
      SAN DIEGO CNTY CA-B 4 7/1/2046 0.10
      DANBURY HGR EDU AUTH 5 8/15/2039 0.10
      PORT AUTH OF NEW YORK 5 10/15/2030 0.10
      MILITARY INSTALLATION 4 6/1/2052 0.09
      VI PUB FIN AUTH-A 5 10/1/2029 0.10
      IDAHO ST HLTH FACS AU 4 3/1/2046 0.10
      CLIFTON HGR EDU-REF 4 8/15/2049 0.10
      MONROE CO INDL DEV CO 5 7/1/2054 0.10
      HALIFAX HOSP MED CTR 4.25 6/1/2054 0.10
      CLIFTON HGR EDU-A 5.25 2/15/2049 0.10
      LANCASTER CO HOSP AUT 5 11/1/2041 0.10
      CO BRD GOVS-C-PREREFD 5 3/1/2043 0.10
      NY LIBERTY DEV CORP-A 3 11/15/2051 0.10
      CO SPRINGS SD#11-COPS 5.25 12/15/2048 0.10
      CA ST SCH FIN AUTH-A 4 8/1/2061 0.10
      MUNI ELEC AUTH OF GA 4 1/1/2049 0.10
      ARLINGTON TX HGR EDU 5 8/15/2048 0.10
      PUB FIN AUTH-REF 5.25 11/15/2055 0.10
      AZ INDL DEV AUTH-A 4 11/1/2049 0.10
      MET PIER & EXPOSITION 4 12/15/2047 0.10
      BUILD NYC RESOURCE CO 5.25 7/1/2057 0.10
      BEXAR HLTH FACS-REF 5 7/15/2041 0.09
      MIDA MOUNTAIN VLG-1 5.5 6/1/2050 0.09
      DETROIT 5 4/1/2035 0.09
      CHICAGO BRD OF EDU 5 4/1/2042 0.09
      MD H/E ADJ POOLD LN-B FRN 4/1/2035 0.09
      TULSA MUNI ARPT TRUST 6.25 12/1/2040 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
      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
      GUAM INTERNATIONAL AR 5.25 10/1/2031 0.09
      AZ IDA SR LIVING-A2 5.125 1/1/2059 0.09
      MIAMI DADE CO-A-REF 4 10/1/2040 0.09
      INDIANA FIN AUTH-A 5.125 6/1/2058 0.09
      OHIO ST-E-REV-REF 4 1/15/2038 0.09
      CLEVELAND ETC PORT 5.5 12/1/2043 0.09
      NYC TRANSITIONAL-S-1A 3 7/15/2039 0.09
      MONTGOMERY CNTY PA HG 4 9/1/2044 0.09
      LEHIGH CO AUTH-REF 5.25 2/1/2054 0.09
      NY ST TWY AUTH-P-REV 5.25 1/1/2054 0.09
      CHICAGO BRD OF EDU 5 4/1/2046 0.09
      NYC INDL DEV AGY-A 3 1/1/2040 0.08
      CALIFORNIA STWD CMNTY 5.25 12/1/2038 0.08
      COLORADO ST HLTH FACS 5.25 11/1/2052 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
      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
      MAIN STREET NATURAL-A 5 5/15/2043 0.08
      MIDA MOUNTAIN VLG-2 STEP-CPN 6/1/2043 0.08
      WASHINGTON ST HLTH CA 5 9/1/2050 0.08
      ARIZONA ST IDA-A 5 7/15/2049 0.08
      CA MUNI FIN AUTH-A 5 7/1/2040 0.08
      MA DEV FIN AGY-LINDEN 5.125 11/15/2046 0.08
      CHICAGO IL BRD OF EDU 6 4/1/2046 0.08
      BUILD NYC RESOURCE CO 5.25 7/1/2052 0.08
      GUAM GOVT-A-REF 5 12/1/2046 0.08
      MI FIN AUTH -A -REF-C 4 6/1/2038 0.08
      CALIFORNIA STWD CMNTY 5 4/1/2047 0.08
      CLEVELAND ETC PORT 5.5 12/1/2053 0.08
      S JERSEY PORT-B-AMT 5 1/1/2048 0.08
      ATLANTA GA DEV AUTH 5.25 7/1/2044 0.08
      VI PUB FIN AUTH-A 5 10/1/2034 0.08
      BATTERY PK CITY-D1 FRN 11/1/2038 0.08
      CALIFORNIA STWD CMNTY 4 4/1/2042 0.08
      MA ST DEV FIN AGY-REF 5 4/15/2040 0.08
      MIDA MOUNTAIN VLG-1 5.5 6/1/2055 0.08
      TEXAS ST-B-VAR-REMK FRN 12/1/2043 0.08
      CAPITAL TRUST AUTH-A 5 6/1/2044 0.08
      GEISINGER PA AUTH HLT 4 4/1/2039 0.08
      TEXAS ST PRIV ACTIVIT 4 6/30/2039 0.08
      WI CENTER DIST-A-CABS 0 12/15/2046 0.08
      IL FIN AUTH 5.25 4/1/2043 0.08
      WEST VIRGINIA ST HOSP 5 9/1/2039 0.08
      FOOTHILL ESTRN TRANSP 2.962 1/15/2046 0.08
      MA DEV FIN AGY-REF 4 7/1/2045 0.08
      OHIO ST-E-REV-REF 5 1/15/2036 0.08
      CA MUNI FIN AUTH-A 5 10/1/2057 0.08
      PR SALES TAX FING-A1 4.75 7/1/2053 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 0.08
      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
      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
      CHICAGO 5 11/1/2038 0.07
      ONEIDA INDIAN NATION 6 9/1/2043 0.07
      AZ INDL DEV EDU-B 5.5 7/1/2038 0.07
      DIST OF COLUMBIA REV 4 7/1/2039 0.07
      OROVILLE CA REVENUE 5.25 4/1/2039 0.07
      DETROIT 5 4/1/2036 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
      CA MUNI FIN AUTH-A 5.25 11/1/2041 0.07
      NJ TRANSPR TRUST 5.5 6/15/2050 0.06
      DETROIT 5 4/1/2033 0.06
      CHICAGO BOE-A-REF 5 12/1/2026 0.06
      BUILD NYC RES CORP-A 5 12/1/2041 0.06
      DIST OF COLUMBIA REV 4 7/1/2049 0.06
      BUILD NYC RESOURCE-A 5 6/15/2051 0.06
      UT ST CHRT SCH FIN-A 5 4/15/2049 0.06
      FL ST DEV FIN CORP 5 6/1/2051 0.06
      LANCASTER CO HOSP AUT 5 11/1/2039 0.06
      DIST OF COLUMBIA REV 4 7/1/2044 0.06
      AR DEV FIN AUTH 5 2/1/2033 0.06
      LANCASTER CO HOSP AUT 5 11/1/2038 0.06
      IL FIN AUTH-B-REF 5.25 4/1/2039 0.06
      INDIANA FIN AUTH -A - 6.75 5/1/2039 0.06
      PUBLIC FIN AUTH-A1 6.375 1/1/2048 0.06
      PR SALES TAX FING-A1 0 7/1/2051 0.06
      GUAM INTERNATIONAL AR 5.375 10/1/2033 0.06
      NJ TRANSPRTN TRUST-CC 5 6/15/2041 0.06
      CA MUNI FIN-A 5 7/1/2038 0.06
      GUAM PWR AUTH-A-REF 5 10/1/2033 0.06
      IL FIN AUTH-A-REF 5.25 4/1/2042 0.06
      MET ATLANTA-B-REV 5 7/1/2042 0.06
      TX TRANSPRTN-C-REF 5 8/15/2040 0.06
      ILLINOIS ST-B 5 5/1/2039 0.06
      NJ TRANSPRTN TRUST-CC 5 6/15/2043 0.06
      GREATER ORLANDO 5.5 11/1/2037 0.06
      TX PUB FIN AUTH-REV 5.25 5/1/2041 0.06
      CAPITAL TRUST AGY 5 12/15/2035 0.06
      ARLINGTON HGR EDU FIN 5 6/15/2064 0.06
      MORONGO BAND OF MISSN 5 10/1/2042 0.06
      ILLINOIS ST-B 5.25 5/1/2044 0.06
      LOWER CO RIVER AUTH 5 5/15/2044 0.06
      FOWLER CO UNIF SD-B 3.375 8/1/2045 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
      NEW YORK NY 3 3/1/2041 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
      CA ST MUNI FIN AUTH-A 5 9/1/2049 0.06
      DETROIT 5 4/1/2029 0.06
      ILLINOIS ST-B 5.25 5/1/2047 0.06
      POINT 1 DT#1-A-1 5.875 3/1/2045 0.06
      REGL CO TRANS DT-A 4 7/15/2033 0.06
      CALIFORNIA STWD CMNTY 5 12/1/2033 0.06
      DETROIT 5 4/1/2031 0.06
      LOS ANGELES -C-REF 5 7/1/2052 0.06
      MIDA MOUNTAIN VLG-2 5.5 6/15/2039 0.06
      DETROIT 5 4/1/2034 0.06
      IL FIN AUTH -REV 5 6/1/2047 0.06
      LOS ANGELES -C-REF 5 7/1/2055 0.06
      MIDA MOUNTAIN VLG-2 5.75 6/15/2044 0.06
      RI HLTH & EDU BLDG 5.25 8/15/2043 0.06
      TRANSBAY JT PWRS-A 5 10/1/2040 0.06
      CALIFORNIA SCH FIN- A 5 8/1/2038 0.06
      REGL CO TRANS DT-A 4 7/15/2035 0.06
      HOUSTON TX ARPT SYS R 5 7/15/2027 0.06
      HOUSTON-C-REF-AMT 5 7/15/2027 0.06
      VAIL HOME PARTNERS CO 5.875 10/1/2055 0.06
      CA INFRASTRUCTURE-B 5 11/1/2059 0.06
      CA SCH FIN AUTH-A-REF 5 6/1/2064 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
      CA MUNI FIN AUTH-A 5 2/1/2042 0.05
      IRVINE IMPT BOND ACT 4 9/2/2029 0.05
      PENNSYLVANIA ST ECON 5 12/31/2057 0.05
      TRANSBAY JT PWRS-A 5 10/1/2045 0.05
      CHICAGO IL BRD OF EDU 5 12/1/2041 0.05
      ARLINGTON TX HGR EDU 5 8/15/2038 0.05
      NTHRN CA TOBACCO-A 4 6/1/2039 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
      MILITARY INSTALLATION 4 6/1/2036 0.05
      GOLDEN ST TOBACCO-B-2 0 6/1/2066 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
      ALBANY CAP RESOURCE C 4.75 6/1/2054 0.05
      DETROIT 5 4/1/2028 0.05
      RESTRUCTURED-SER A1 5.75 7/1/2031 0.05
      POTTSBORO HGR EDU-A 5 8/15/2046 0.05
      ARIZONA IDA-A 4 7/1/2041 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
      WASHINGTON HLTH CARE 4 12/1/2048 0.05
      ARLINGTON HGR EDU FIN 4.875 6/15/2059 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
      DETROIT 5 4/1/2032 0.05
      GA MUNI ELEC AUTH-A 4 1/1/2051 0.05
      PUB FIN AUTH-B 9 5/1/2071 0.05
      INDIANA FIN AUTH-A 5 6/1/2043 0.05
      WASHINGTON ST HLTH CA 4 9/1/2050 0.05
      OR COAST COMNTY-CONV 5 6/15/2045 0.05
      TOBACCO SETTLEMENT-A2 4 6/1/2040 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 0.05
      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
      OHIO ST-E-REV-REF 4 1/15/2039 0.04
      NTHRN CA TOBACCO-A 4 6/1/2038 0.04
      INDIANA FIN AUTH-A 5 6/1/2038 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-SER A1 4 7/1/2046 0.04
      RESTRUCTURED-CABS-SER 0 7/1/2033 0.04
      MET TRANS-C2-UNREFUND 5.175 11/15/2049 0.04
      TAMPA -A -REV -CABS 0 9/1/2045 0.04
      CHICAGO BRD OF EDU-A 4 12/1/2027 0.04
      GUAM INTERNATIONAL AR 5.25 10/1/2036 0.04
      MARLAND ECON DEV CORP 5 6/1/2049 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
      DETROIT 5 4/1/2030 0.04
      RESTRUCTURED-SER A1 4 7/1/2035 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
      MI TOB SETTLMT-CABS-C 0 6/1/2058 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 0.04
      UT ST CHRT SCH FIN-A 5 4/15/2044 0.03
      LANCASTER CO HOSP AUT 5 11/1/2037 0.03
      CA ST SCH FIN AUTH-A 4 8/1/2051 0.03
      NEW MEMPHIS ARENA PUB 0 4/1/2032 0.03
      RESTRUCTURED-SER A1 4 7/1/2037 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
      LATROBE INDL DEV AUTH 4 3/1/2046 0.03
      TAMPA -A -REV -CABS 0 9/1/2049 0.03
      A.B WON PAT AUTH-A 5 10/1/2032 0.03
      BUILD NYC RES CORP -A 4 6/15/2051 0.03
      LATROBE INDL DEV AUTH 4 3/1/2051 0.03
      ARLINGTON HGR EDU FIN 4 8/15/2041 0.03
      TAMPA -A -REV -CABS 0 9/1/2041 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
      BUILD NYC RES CORP -A 4 6/15/2041 0.03
      CA ST SCH FIN AUTH-A 4 8/1/2041 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
      VERNON-A-REF -REV 5 8/1/2041 0.02
      INDIANA FIN AUTH-A 5 6/1/2033 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
      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
      MA H/E VAR-MUSEUM-A1 FRN 12/1/2037 0.02
      CA ST SCH FIN AUTH-A 4 8/1/2036 0.02
      GUAM INTERNATIONAL AR 5.25 10/1/2035 0.02
      DEKALB CO DEV AUTH -A 5 6/1/2050 0.02
      NTHRN CA TOBACCO-A 4 6/1/2040 0.01
      PR SALES TAX FING-A1 0 7/1/2027 0.01
      CA SCH FIN-REV-REF 5 7/1/2039 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
      CALIFORNIA PUBLIC FIN 5 11/15/2051 0.01
      N CALIF GAS-LIBOR FRN 7/1/2027 0.01
      OR COAST COMNTY-CONV 5 6/15/2040 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
      CVI-HTA 98 SR CLAIM FRN 11/1/2051 0.01
      A.B WON PAT AUTH-A 5.25 10/1/2037 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 5.25 10/1/2035 0.01
      A.B WON PAT AUTH-A 5 10/1/2034 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-A 5.25 10/1/2041 0.01
      A.B WON PAT AUTH-B 5 10/1/2040 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
      US ULTRA BOND CBT JUN26 0.00
      CAPITAL TRUST AGY-B 5 7/1/2053 0.00
      CASH -0.07

      % 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
          03/02/26 03/02/26 03/05/26 0.0755 0.0000 0.0000 0.0000 0.0755
          (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
          Literature

          Literature

          PRODUCT INFORMATION

          • Download
          • Share
          • Subscribe
          ETF Profile Sheet Download

          BNY Mellon Municipal Opportunities Fund Materials

          • Download
          • Share
          • Subscribe
          Annual Report - Class M Download
          Semi Annual Report - Class M Download
          Annual Financials and Other Information Download

          Prospectus and Reports

          • Download
          • Share
          • Subscribe
          Prospectus Download
          Summary Prospectus Download
          SAI 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.

           

          Gathering data
          Disclaimer Not Available
          close
          You are about to leave this site. This link directs you to a third-party website. BNY and it's affiliates accepts no responsibility for the content on third-party sites or for the services provided. Also, please be aware that when you use services provided by a third-party site, you're subject to that site's terms of service and privacy policy rules (i.e., sharing of personal information), which you should review carefully before proceeding.
          Leave Stay