Mutual Fund Insights: Dreyfus High Yield Muni A Fund (DHYAX)

In-depth Analysis of Dreyfus High Yield Muni A Fund (DHYAX)

3 months 6 months 1 year 3 year 5 year

See Dreyfus High Yield Muni A Fund (DHYAX) performance details as of January 31, 2010

  

Last Trade: $11.39 on 3/18/2010, Change: +0.01 (0.09%)

  

Fund Manager - James Welch

Fund Manager Tenure: 4.5 years   [Similar Funds: DHYCX ]
Fundmojo Fund Grade: B (Score: 0.61)     (What does this score mean?)

Welch is a portfolio manager with Dreyfus Corporation, his employer since October 2001. Prior to joining Dreyfus he was senior vice president with Back Bay Advisors, his employer since March 1993. Previously, he spent five years with Putnam Management Company, where he served as vice president and portfolio manager.  Get more insights on James Welch

  

 What we like about Dreyfus High Yield Muni A Fund (DHYAX)

Data for Dreyfus High Yield Muni A Fund (DHYAX) as of January 31, 2010

• Dreyfus High Yield Muni A Fund (DHYAX) management has been with Dreyfus High Yield Muni A Fund for 4.5 years
• Dreyfus High Yield Muni A Fund (DHYAX) has good mid-term performance (3-year return -0.40% vs -1.54% High Yield Muni category average)
• Dreyfus High Yield Muni A Fund (DHYAX) has an annual stock turnover rate of 28.94% vs High Yield Muni average of 43.30%. It is good that Dreyfus High Yield Muni A management does not trade extensively for its return.
• Dreyfus High Yield Muni A Fund (DHYAX) is less volatile than its peers as it has a 3-year Standard Deviation of 11.65, lower than category average of 12.25
• Dreyfus High Yield Muni A Fund (DHYAX) has a lower management fee than its High Yield Muni average: 1.02% vs 1.12%

  

 What we are cautious about Dreyfus High Yield Muni A Fund (DHYAX)

Data for Dreyfus High Yield Muni A Fund (DHYAX) as of January 31, 2010

• Dreyfus High Yield Muni A Fund (DHYAX) has a less-than-ideal short-term performance (1-year return 23.07% vs 25.06% High Yield Muni category average)
• Dreyfus High Yield Muni A Fund (DHYAX) ratio of up-years vs down years can be improved
• Dreyfus High Yield Muni A Fund (DHYAX) has a Morningstar rating of 3 and below
• Dreyfus High Yield Muni A Fund (DHYAX) carries a 4.5% load

See Dreyfus High Yield Muni A Fund (DHYAX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar High Yield Muni category?

Below are some additional High Yield Muni mutual funds generated out of our database

• Delaware National Hi-Yld Muni Bd A (CXHYX)    [ Compare with Dreyfus High Yield Muni A Fund (DHYAX) ]
• Dryden Municipal Bond Hi-Inc Z (PHIZX)    [ Compare with Dreyfus High Yield Muni A Fund (DHYAX) ]
• DWS Strategic High Yield Tax Free A (NOTAX)    [ Compare with Dreyfus High Yield Muni A Fund (DHYAX) ]
• See top fund managers for High Yield Muni Category Funds
• Browse other funds in High Yield Muni Category

  

Dreyfus High Yield Muni A Fund (DHYAX) Net Asset

Track net asset change of Dreyfus High Yield Muni A fund (DHYAX)

Date	Net Asset
01/2010	$65.90M
11/2009	$66.99M
10/2009	$68.41M

More historic net asset information on Dreyfus High Yield Muni A Fund (DHYAX)

  

Dreyfus High Yield Muni A Fund (DHYAX) Portfolio Allocation

Track portfolio allocation change of Dreyfus High Yield Muni A fund (DHYAX)

Date	Cash	Stock	Bond	Other
11/2009	0%	0%	100%	0%
10/2009	0%	0%	100%	0%
08/2009	0%	0%	100%	0%

Click here to see more historic asset allocation information on Dreyfus High Yield Muni A Fund (DHYAX)

  

Most Recent Top 10 Holdings in Dreyfus High Yield Muni A Fund (DHYAX)

Discover what Dreyfus High Yield Muni A Fund (DHYAX) manager is buying

30-Nov-09 Austin Tex Convention Enterpri Ref 5.75% [2.14%] Harrisburg Pa Auth 6% [2.08%] Louisiana Loc Govt Environment Rev 6.75% [1.9%] Lakeshore Vlgs Master Cmnty De Spl 5.25% [1.87%] Pwr Cnty Idaho Indl Dev Corp Rev B 6.45% [1.86%] North Tex Twy Auth 6.125% [1.8%] Harvey Ill Go Bds 5.625% [1.74%] MICHIGAN ST STRATEGIC FD SOLID REV REF B [1.7%] Washington Cnty Va Indl Dev Au Rev 7.25% [1.66%] New York St Dorm Auth 6.25% [1.65%]

31-Oct-09 CALIF. ST DEPT WTR RES [2.23%] Austin Tex Convention Enterpri Ref 5.75% [2.06%] Harrisburg Pa Auth 6% [2%] Pwr Cnty Idaho Indl Dev Corp Rev B 6.45% [1.79%] Lakeshore Vlgs Master Cmnty De Spl 5.25% [1.77%] Louisiana Loc Govt Environment Rev 6.75% [1.72%] North Tex Twy Auth 6.125% [1.72%] Harvey Ill Go Bds 5.625% [1.69%] Michigan St Strategic Fd Solid Rev 7.5% [1.63%] Golden St Tob Securitization C Tobacc 5% [1.62%]

31-Aug-09 Austin Tex Convention Enterpri Ref 5.75% [2.12%] Harrisburg Pa Auth 6% [2.03%] POWER CNTY IDAHO INDL DEV CORP REV BDS [1.93%] Lakeshore Vlgs Master Cmnty De Spl 5.25% [1.9%] Golden St Tob Securitization C Tobacc 5% [1.88%] North Tex Twy Auth 6.125% [1.86%] Louisiana Loc Govt Environment Rev 6.75% [1.78%] Michigan St Strategic Fd Solid Rev 7.5% [1.73%] Washington Cnty Va Indl Dev Au Rev 7.25% [1.73%] Mohave Cnty Ariz Indl Dev Auth 8% [1.67%]

Click here for Stock Holding Change Map in Dreyfus High Yield Muni A Fund (DHYAX)

  

Related books and products to Dreyfus High Yield Muni A Fund (DHYAX)

  

Latest News on Dreyfus High Yield Muni A (DHYAX)

See what is happening with Dreyfus High Yield Muni A Fund (DHYAX)

Yahoo! Finance: RSS feed not found See more news on Dreyfus High Yield Muni A Fund (DHYAX)

 

Books and Resources

 

 

See more information on Dreyfus High Yield Muni A Fund (DHYAX)

• Dreyfus High Yield Muni A Fund Insights
• Dreyfus High Yield Muni A Fund Performance Data
• Dreyfus High Yield Muni A Fund News
• Dreyfus High Yield Muni A Fund Score Explaination
• Dreyfus High Yield Muni A Fund Manager Information
• Historic Dreyfus High Yield Muni A Fund Asset Allocation Report
• Historic Dreyfus High Yield Muni A Fund Top 10 Holding Tracking
• Historic Dreyfus High Yield Muni A Fund Asset Under Management Tracking