Dreyfus Municipal Net Asset vs. One Year Return

DMBVX Fund  USD 12.08  0.04  0.33%   
Taking into consideration Dreyfus Municipal's profitability measurements, Dreyfus Municipal Bond may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Dreyfus Municipal's ability to earn profits and add value for shareholders.
For Dreyfus Municipal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dreyfus Municipal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dreyfus Municipal Bond utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dreyfus Municipal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dreyfus Municipal Bond over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Dreyfus Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Dreyfus Municipal Bond One Year Return vs. Net Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Dreyfus Municipal's current stock value. Our valuation model uses many indicators to compare Dreyfus Municipal value to that of its competitors to determine the firm's financial worth.
Dreyfus Municipal Bond is one of the top funds in net asset among similar funds. It also is one of the top funds in one year return among similar funds . The ratio of Net Asset to One Year Return for Dreyfus Municipal Bond is about  141,641,331 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dreyfus Municipal's earnings, one of the primary drivers of an investment's value.

Dreyfus One Year Return vs. Net Asset

Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Dreyfus Municipal

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
341.88 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

Dreyfus Municipal

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
2.41 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Dreyfus One Year Return Comparison

Dreyfus Municipal is currently under evaluation in one year return among similar funds.

Dreyfus Municipal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Dreyfus Municipal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dreyfus Municipal will eventually generate negative long term returns. The profitability progress is the general direction of Dreyfus Municipal's change in net profit over the period of time. It can combine multiple indicators of Dreyfus Municipal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from federal personal income tax. It invests at least 70 percent of its net assets in municipal bonds rated, at the time of purchase, investment grade or the unrated equivalent as determined by the adviser.

Dreyfus Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Dreyfus Municipal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Dreyfus Municipal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Dreyfus Municipal's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Dreyfus Municipal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Dreyfus Municipal position

In addition to having Dreyfus Municipal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Dividend Yield ETFs theme has 107 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize High Dividend Yield ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Dreyfus Mutual Fund

To fully project Dreyfus Municipal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dreyfus Municipal Bond at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Dreyfus Municipal's income statement, its balance sheet, and the statement of cash flows.
Potential Dreyfus Municipal investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Dreyfus Municipal investors may work on each financial statement separately, they are all related. The changes in Dreyfus Municipal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dreyfus Municipal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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