Dreyfus High Yield Municipal Bond Fund

  • Ticker: DYBIX
  • Product Code: 6092
  • CUSIP: 261969810
Share Class:


Fund Type: Bond
Portfolio Manager/Sub-Investment Adviser: Jeffrey Burger
Daniel Barton
Inception Date December 15, 2008
Total Assets (000s) Class I (as of 10/07/15): $14,842
Portfolio (as of 10/07/15): $132,906
Minimum Initial Investment $1,000
Minimum Subsequent Investment $100
Dividend Schedule Declared Daily,
Distributed Monthly,
Paid Monthly
Fiscal Year End Aug 31
Fund Status Not available for purchase by individual investors.

Performance 1 2

Average Annual Total Returns

as of 09/30/15
1 YR 3 YR 5 YR 10 YR Since
4.88% 3.34% 4.78% 4.52% 4.52% 12/15/08
Barclays Municipal Bond Index 3
3.16% 2.88% 4.14% 4.64%    

The performance data quoted represents past performance, which is no guarantee of future results. Yield, share price 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. Please use the pulldown menu above to view month-end performance

Morningstar Rating 4

Overall Rating: 3 stars

Morningstar Overall Rating™ for Class I shares among 160 funds in the High Yield Municipal category as of 09/30/15. Ratings reflect risk-adjusted performance, and are derived from a weighted average of the fund's 3-, 5-, and 10-year (as applicable) ratings. As of 09/30/15 the fund received 3 and 3 stars for the 3- and 5-year periods out of 160 and 151 funds in the category. Past performance is no guarantee of future results. Other share classes may have different ratings.

Daily Statistics

1-Day Yield
as of 10/08/15
30-Day Yield
as of 10/08/15
as of 10/08/15
Change down arrow -0.01
12 Month High
12 Month Low

Prospectus Fee Table Expense Ratios

Total Expenses 0.79%

Dreyfus Investment Style 5

style box


As its primary goal, the fund seeks high current income exempt from federal income tax. View the Strategy & Risks section for this fund for more information.

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

Notes & Disclosures
  1. For share classes offered after the fund's inception date, the total returns quoted reflect the performance of the fund's initial share class(es), adjusted to reflect applicable non-recurring sales charges. Performance for these share classes has not been adjusted to reflect any class-specific distribution or servicing fees or any differences in operating expenses. Had such fees and expenses been reflected, returns for these share class returns during such periods would have been lower.
  2. Performance is historical and not indicative of future results. Investment return, yield, and principal value will fluctuate and an investor will receive more or less than the original cost upon redemption. Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors, and should read the prospectus carefully.
  3. Source: Morningstar, Inc. All rights reserved. Reflects investments of dividends and, where applicable, capital gain distributions. The Barclays Municipal Bond Index is a widely accepted, unmanaged total return performance benchmark for the long-term, investment-grade tax-exempt bond market.
  4. The Ratings formula measures the amount of variation in a fund's performance and gives more emphasis to downward variations. The top 10% of the funds in the category receive five stars; the next 22.5% four stars; the next 35% three stars; the next 22.5% two stars; and the last 10% one star. Ratings reflect sales loads.The fund represents a single portfolio with multiple share classes that have different expense structures.
  5. The "Dreyfus Investment Style Classification" graphically depicts the fund's investment strategy as described in its Prospectus. The horizontal and vertical axes describe the fund's general credit quality focus (High: AAA/AA; Medium: A/BBB; Low: Below BBB) and weighted average maturity in years (Short: <4; Intermediate 4-10; Long: >10). It is designed to support asset allocation decisions and not to depict actual fund holdings at a point in time.
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