# Portfolio overlap — DMUAX vs IORAX Comparing **BNY Mellon AMT-Free Municipal Bond Fund** (2026-02-28) and **Invesco AMT-Free Municipal Income Fund** (2026-02-28). - Shared positions: 29 - BNY Mellon AMT-Free Municipal Bond Fund covered by Invesco AMT-Free Municipal Income Fund: 0.04985195128859868193180903340 - Invesco AMT-Free Municipal Income Fund covered by BNY Mellon AMT-Free Municipal Bond Fund: 0.04985195128859868193180903339 ## BNY Mellon AMT-Free Municipal Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | SOUTHEAST ENERGY-E | 0.019583 | | | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue | 0.011928 | | | Jefferson (County of), AL, Series 2024, Ref. Revenue Wts. | 0.011770 | ✓ | | TEXAS ST MUNI GAS ACQUISITION& TEXAS MUNICIPAL GAS ACQUISITION & SUPPLY CORP IV | 0.010330 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1 | 0.009244 | ✓ | | MAIN STR NAT GA 4% 3/1/2050 | 0.009034 | | | New York Transportation Development Corp., Series 2025, RB | 0.008879 | | | MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.007615 | | | BUCKEYE TOBACCO SETTLEMENT FIN BUCGEN 06/48 FIXED 4 | 0.007347 | ✓ | | Port of Portland, Series 29 | 0.006550 | | | W VIRGINIA HOSP FIN-A | 0.006248 | ✓ | | Wisconsin (State of) Health & Educational Facilities Authority (Unitypoint Health), Series 2020 A, RB | 0.006112 | | | OKLAHOMA ST CAPITOL IMPT AUTH ST HIGHWAY CAP IMPT REVENUE | 0.005911 | | | Wisconsin (State of) Public Finance Authority, Series 2023, RB | 0.005874 | | | PORT OF SEATTLE WA REVENUE PORT OF SEATTLE WA | 0.005870 | | | Palm Beach (County of), FL Health Facilities Authority (Baptist Health South Florida), Series 2019, RB | 0.005839 | | | UT HSRFAC 6.25 12/01/2055 | 0.005613 | | | Sales Tax Securitization Corp., Series 2020A | 0.005514 | | | FL ST DFC(BRIGHTLINE FL)/AGM 5.25% 7/1/53@ | 0.005395 | | | MD MDSDEV 5.25 06/30/2055 | 0.005386 | | | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE | 0.005378 | | | Allegheny County Higher Education Building Authority | 0.005347 | | | CHICAGO BRD ED-B-REF | 0.005248 | | | Birmingham-Jefferson Civic Center Authority | 0.005124 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2025B | 0.005069 | ✓ | | NY BUIGEN 5 06/01/2036 | 0.004922 | | | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB | 0.004915 | | | PUBLIC FIN AUTH WI POLL CONTRO REGD V/R B/E 3.70000000 | 0.004865 | | | MIAMI-DADE WTSW 4% 10/1/49 | 0.004762 | ✓ | | AZ INDL DEV AUTH -A | 0.004691 | | | WI PUBGEN 6 11/15/2045 | 0.004662 | | | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES | 0.004641 | | | MUNI ELEC AUTH OF GA | 0.004570 | | | California Municipal Finance Authority | 0.004471 | | | State of Illinois Sales Tax Revenue, Series 2025, RB | 0.004206 | | | MICHIGAN ST FIN AUTH | 0.004152 | | | LOS ANGELES DEPT-C | 0.004144 | | | MANSFIELD TX INDEP SCH DIST | 0.004138 | | | COLORADO ST HLTH FACS | 0.004095 | | | Black Belt Energy Gas District, Series D | 0.004065 | | | PWR CNTY ID INDL DEV CORP SOL WST DISP REVENUE | 0.004043 | | | City of Chicago IL Waterworks Revenue, Series 2024, RB | 0.003985 | | | NY ST THRUWAY AUTH-B | 0.003966 | | | Philadelphia Authority for Industrial Development | 0.003949 | | | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX | 0.003938 | | | RESTRUCTURED-SER A1 | 0.003926 | ✓ | | PUBLIC FIN AUTH WI REVENUE REGD ZCP OID B/E 0.00000000 | 0.003916 | | | NASHVILLE ETC CO MET | 0.003828 | | | Pennsylvania Turnpike Commission, Series 2024, RB | 0.003811 | | | Chicago O'Hare International Airport | 0.003803 | | ## Invesco AMT-Free Municipal Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Washington Metropolitan Area Transit Authority, Series 2020 A, RB | 0.012120 | | | California (State of) County Tobacco Securitization Agency, Series 2006 B, RB | 0.011490 | | | ILL ST TOLL 5% 1/1/45 | 0.010576 | | | Illinois (State of) Regional Transportation Authority, Series 2018 B, RB | 0.009918 | | | OH BUCGEN 5 06/01/2055 | 0.008578 | | | Inland Empire Tobacco Securitization Corp., Series 2007 F, RB | 0.008420 | | | Indianapolis Local Public Improvement Bond Bank, Series 2025, Ref. RB | 0.008081 | | | District of Columbia Tobacco Settlement Financing Corp., Series 2006 B, RB | 0.007991 | | | Water Works Board of the City of Birmingham (The), Series 2016B | 0.007906 | | | MIAMI-DADE WTSW 4% 10/1/49 | 0.007847 | ✓ | | SALT RIVER-SER B | 0.007769 | | | County of Broward Tourist Development Tax Revenue | 0.007726 | | | State of Hawaii Airports System, Series 2025B | 0.007693 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1 | 0.007435 | | | TX GPTTRN 4 10/01/2045 | 0.006996 | | | LOUISIANA STADIUM & EXPOSITION REGD B/E 5.00000000 | 0.006600 | | | TOBACCO SETTLEMENT FING CORP N TOBACCO SETTLEMENT FINANCING CORP | 0.006505 | | | PENNSYLVANIA ST REGD B/E 4.00000000 | 0.006144 | | | TSASC, Inc., Series B | 0.006131 | | | TOBACCO SETTLEMENT FING CORP NJ | 0.006056 | | | Aurora (City of), CO (Pipeline/Interceptor), Series 2023, RB | 0.006055 | | | NY ST DORM AUTH PIT 20D SF 4.0% 02-15-47 | 0.006010 | | | MSR Energy Authority, Series B | 0.005942 | | | M-S-R Energy Authority, Series 2009 B, RB | 0.005883 | | | LOWER AL GAS DIST GAS PROJ REV LWRUTL 09/46 FIXED 5 | 0.005847 | | | NYC HSG 4.80% 2/1/2053 | 0.005776 | | | Tender Option Bond Trust Receipts/Certificates | 0.005718 | | | PHILADELPHIA PA AUTH FOR INDL DEV HOSP REVENUE | 0.005693 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.005606 | | | Miami-Dade (County of), FL Transit System, Series 2020 A, RB | 0.005453 | | | FORNEY TX INDEP SCH DIST | 0.005337 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1 | 0.005263 | ✓ | | El Paso (City of), TX, Series 2022 A, RB | 0.005227 | | | NEW YORK NY | 0.005224 | | | San Antonio, TX Electric and Gas Systems Rev. A | 0.005207 | | | LOS ANGELES DEPT WTR | 0.005204 | | | San Diego (County of), CA Regional Airport Authority, Series 2025, RB | 0.005194 | | | Tender Option Bond Trust Receipts/Certificates | 0.005175 | | | BLACK BELT ENERGY GAS VAR | 0.005119 | | | NEW YORK NY REGD B/E 5.25000000 | 0.005112 | | | ST LOUIS MO AIR 5.25% 7/1/2049 | 0.005108 | | | NJ HLTH CARE FACS-A | 0.005092 | | | Pennsylvania Housing Finance Agency | 0.005088 | | | Chicago O'Hare International Airport, Series 2018B | 0.005081 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.005018 | | | Port of Houston Authority, Harris County, Texas, Revenue Bonds, First Lien Series 2023 | 0.004985 | | | Maryland Transportation Authority, Revenue Bonds, Transportation Facilities Projects, Series 2021A | 0.004984 | | | Chicago Midway International Airport, Series 2025, RB | 0.004959 | | | DALLAS-FORT WORTH TX INTERNATI REGD B/E 5.00000000 | 0.004953 | | | MET TRANS AUTH-A-A2 | 0.004928 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-014651` (as of 2026-02-28) - N-PORT (fund B) — accession `0000909466-26-000151` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _