0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-05-31
2016-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-05-31
2016-05-31
0000720064
bmcafmbfi:C000000023Member
2016-05-31
2016-05-31
0000720064
bmcafmbfi:C000001376Member
2016-05-31
2016-05-31
0000720064
bmcafmbfi:C000001378Member
2016-05-31
2016-05-31
0000720064
bmcafmbfi:C000073387Member
2016-05-31
2016-05-31
0000720064
bmcafmbfi:C000130450Member
2016-05-31
2016-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2018-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2018-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2018-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2018-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2018-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2018-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2018-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2019-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2019-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2019-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2019-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2019-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2019-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2019-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2020-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2020-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2020-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2020-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2020-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2020-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2020-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2022-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2022-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2022-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2022-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2022-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2022-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2022-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2023-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2023-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2023-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2023-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2023-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2023-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2023-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2024-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2024-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2024-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2024-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2024-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2024-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2024-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2025-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2025-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2025-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2025-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2025-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2025-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2025-05-31
0000720064
2025-06-01
2026-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2021-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2021-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2021-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2021-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2021-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2021-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2021-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2021-06-01
2026-05-31
0000720064
bmcafmbfi:C000000023Member
2021-06-01
2026-05-31
0000720064
bmcafmbfi:C000001376Member
2021-06-01
2026-05-31
0000720064
bmcafmbfi:C000001376Member
oef:WithoutSalesLoadMember
2021-06-01
2026-05-31
0000720064
bmcafmbfi:C000001378Member
2021-06-01
2026-05-31
0000720064
bmcafmbfi:C000001378Member
oef:WithoutSalesLoadMember
2021-06-01
2026-05-31
0000720064
bmcafmbfi:C000073387Member
2021-06-01
2026-05-31
0000720064
bmcafmbfi:C000130450Member
2021-06-01
2026-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2017-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2017-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2017-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2017-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2017-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2017-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2017-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2025-06-01
2026-05-31
0000720064
bmcafmbfi:C000000023Member
2025-06-01
2026-05-31
0000720064
bmcafmbfi:C000001376Member
2025-06-01
2026-05-31
0000720064
bmcafmbfi:C000001376Member
oef:WithoutSalesLoadMember
2025-06-01
2026-05-31
0000720064
bmcafmbfi:C000001378Member
2025-06-01
2026-05-31
0000720064
bmcafmbfi:C000001378Member
oef:WithoutSalesLoadMember
2025-06-01
2026-05-31
0000720064
bmcafmbfi:C000073387Member
2025-06-01
2026-05-31
0000720064
bmcafmbfi:C000130450Member
2025-06-01
2026-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondC000130450IndexMember
2016-06-01
2026-05-31
0000720064
bmcafmbfi:BloombergUSMunicipalBondIndexMember
2016-06-01
2026-05-31
0000720064
bmcafmbfi:C000000023Member
2016-06-01
2026-05-31
0000720064
bmcafmbfi:C000001376Member
2016-06-01
2026-05-31
0000720064
bmcafmbfi:C000001376Member
oef:WithoutSalesLoadMember
2016-06-01
2026-05-31
0000720064
bmcafmbfi:C000001378Member
2016-06-01
2026-05-31
0000720064
bmcafmbfi:C000001378Member
oef:WithoutSalesLoadMember
2016-06-01
2026-05-31
0000720064
bmcafmbfi:C000073387Member
2016-06-01
2026-05-31
0000720064
bmcafmbfi:C000130450Member
2016-06-01
2026-05-31
0000720064
bmcafmbfi:C000000023Member
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:AirportMember
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:DevelopmentMember
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:EducationMember
2026-05-31
0000720064
bmcafmbfi:GeneralObligationMember
bmcafmbfi:C000000023Member
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:HousingMember
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:MedicalMember
2026-05-31
0000720064
bmcafmbfi:NetOtherAssetsAndLiabilitiesMember
bmcafmbfi:C000000023Member
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:NursingHomesMember
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:PowerMember
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:SchoolDistrictMember
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:TobaccoSettlementMember
2026-05-31
0000720064
bmcafmbfi:C000000023Member
us-gaap:TransportationSectorMember
2026-05-31
0000720064
bmcafmbfi:C000000023Member
bmcafmbfi:WaterAndSewerMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:AirportMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:DevelopmentMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:EducationMember
2026-05-31
0000720064
bmcafmbfi:GeneralObligationMember
bmcafmbfi:C000001376Member
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:HousingMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:MedicalMember
2026-05-31
0000720064
bmcafmbfi:NetOtherAssetsAndLiabilitiesMember
bmcafmbfi:C000001376Member
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:NursingHomesMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:PowerMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:SchoolDistrictMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:TobaccoSettlementMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
us-gaap:TransportationSectorMember
2026-05-31
0000720064
bmcafmbfi:C000001376Member
bmcafmbfi:WaterAndSewerMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:AirportMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:DevelopmentMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:EducationMember
2026-05-31
0000720064
bmcafmbfi:GeneralObligationMember
bmcafmbfi:C000001378Member
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:HousingMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:MedicalMember
2026-05-31
0000720064
bmcafmbfi:NetOtherAssetsAndLiabilitiesMember
bmcafmbfi:C000001378Member
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:NursingHomesMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:PowerMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:SchoolDistrictMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:TobaccoSettlementMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
us-gaap:TransportationSectorMember
2026-05-31
0000720064
bmcafmbfi:C000001378Member
bmcafmbfi:WaterAndSewerMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:AirportMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:DevelopmentMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:EducationMember
2026-05-31
0000720064
bmcafmbfi:GeneralObligationMember
bmcafmbfi:C000073387Member
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:HousingMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:MedicalMember
2026-05-31
0000720064
bmcafmbfi:NetOtherAssetsAndLiabilitiesMember
bmcafmbfi:C000073387Member
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:NursingHomesMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:PowerMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:SchoolDistrictMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:TobaccoSettlementMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
us-gaap:TransportationSectorMember
2026-05-31
0000720064
bmcafmbfi:C000073387Member
bmcafmbfi:WaterAndSewerMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:AirportMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:DevelopmentMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:EducationMember
2026-05-31
0000720064
bmcafmbfi:GeneralObligationMember
bmcafmbfi:C000130450Member
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:HousingMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:MedicalMember
2026-05-31
0000720064
bmcafmbfi:NetOtherAssetsAndLiabilitiesMember
bmcafmbfi:C000130450Member
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:NursingHomesMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:PowerMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:SchoolDistrictMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:TobaccoSettlementMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
us-gaap:TransportationSectorMember
2026-05-31
0000720064
bmcafmbfi:C000130450Member
bmcafmbfi:WaterAndSewerMember
2026-05-31
iso4217:USD
pure
bmcafmbfi:Holding
1000000
1014600
1025862
1091517
1134960
1188757
1108040
1113470
1143199
1166406
1244200
10641
10902
11484
10321
10928
10658
10926
1102259
10076
10171
10259
10588
9948
9971
10096
11888
10084
1055514
11046
11664
10000
11722
9550
10460
10000
10595
10609
1151343
11756
10177
10049
10233
10334
12442
9573
10915
10885
10959
9671
10000
1173900
10848
1005163
10898
9858
11080
1000000
11500
10560
11135
1018261
1089464
1090925
9967
1058562
11018
11432
10047
9933
9974
1066607
10304
10579
10000
11350
10146
0.037
0.011
0.171
0.131
0.102
0.131
0.060
0.010
0.022
0.093
0.102
0.010
0.102
0.042
0.022
0.171
0.055
0.093
0.037
0.011
0.042
0.010
0.146
0.055
0.120
0.102
0.060
0.022
0.011
0.120
0.055
0.146
0.131
0.037
0.146
0.011
0.022
0.120
0.171
0.131
0.146
0.093
0.042
0.060
0.120
0.120
0.131
0.093
0.060
0.171
0.102
0.022
0.010
0.171
0.060
0.042
0.011
0.037
0.146
0.042
0.093
0.055
0.037
0.055
0.010
0000720064
false
N-1A
N-CSR
BNY Mellon California AMT-Free Municipal Bond Fund, Inc.
2026-05-31
BNY Mellon California AMT-Free Municipal Bond Fund, Inc.
Class A
DCAAX
This annual shareholder report contains important information about BNY Mellon California AMT-Free Municipal Bond Fund, Inc. (the “Fund”) for the period of June 1, 2025 to May 31, 2026.
annual shareholder report
You can find additional information about the Fund at <span style="white-space:nowrap"><span style="text-decoration-line:underline;color:rgb(0, 0, 0);line-height:7.5pt;word-break:break-all;white-space:nowrap;font-weight:400;font-family:'times new roman';font-size:10pt">bny.com/investments/literaturecenter</span>.</span> You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com.
bny.com/investments/literaturecenter
1-800-373-9387
info@bny.com
<div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>year</b> <b>?</b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid">
<tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%;">Share Class</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt">
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt;">Class A</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>88</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">0.85<span>%</span></td> </tr> </table>
88
0.0085
<div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:9pt;margin-left:18pt;">
<div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);break-inside:avoid;">
<div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:4pt;margin-top:0px;"> <b>How did the Fund perform last </b> <b>year</b> <b>?</b> </div>
<ul style="padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 0; counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid;">
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">For the 12-month<span style="white-space:nowrap"> </span>period ended May 31, 2026, the Fund’s Class A shares returned 6.18%.</div> </li>
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:8pt;">In comparison, the Bloomberg U.S. Municipal Bond Index (the “Index”) returned 6.67% for the same period.</div> </li> </ul> </div>
<div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);break-inside:avoid;">
<div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:4pt;margin-top:0px;"> <b>What affected the Fund’s performance?</b> </div> </div>
<ul style="padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 0; counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid;">
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">Municipal bonds provided solid returns with consistent demand from investors and resilient credit fundamentals offsetting rate volatility, while elevated yields and supportive technicals helped sustain steady, low-volatility performance.</div> </li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">The Fund’s relative returns benefited from security selection and an emphasis on revenue bonds, including airport, tobacco and health care bonds.</div> </li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">A slightly longer duration position was also advantageous, as rates declined and exposure to 10-to-15-year maturities, in particular, provided strong returns.</div> </li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:8pt;">Exposure to essential service revenue bonds, such as power & utility and education bonds, detracted from relative returns as these higher-quality sectors underperformed higher-yielding alternatives.</div> </li> </ul> </div>
<div style="margin-top:0px;font-family:'times new roman';font-weight:bold;font-size:10pt;line-height:12pt;color:rgb(0, 72, 94);padding-top:5pt;padding-right:3.5pt;padding-left:3.5pt;margin-bottom:0px;"> <b> <i>How did the Fund perform over the past 10 years?</i> </b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:10pt;line-height:11pt;color:rgb(0, 72, 94);padding-top:5pt;padding-right:3.5pt;padding-left:3.5pt;margin-bottom:6pt;"> <b>The Fund’s past performance is not a good predictor of the Fund’s future performance.</b> The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.</div><div style="margin-top:0px;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;"> <b>Cumulative Performance from </b> <b>June 1</b> <b>, </b> <b>2016</b> <b> through </b> <b>May 31, 2026</b> <b> </b> <br/> <b>Initial Investment of $10,000</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);margin-bottom:6pt;"> <img alt="Fund Performance - Growth of 10K" src="chartimages_11976238.jpg" style="display: block; margin-right: auto; margin-left: auto; width: 396pt;"/> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:6.5pt;">The above graph compares a hypothetical $10,000 investment in the Fund’s Class A shares to a hypothetical investment of $10,000 made in the Bloomberg U.S. Municipal Bond Index on 5/31/2016. The performance shown takes into account the maximum initial sales charge on Class A shares and applicable fees and expenses of the Fund, including management fees and other expenses. The Fund’s performance also assumes the reinvestment of dividends and capital gains. Unlike the Fund, the Index is not subject to charges, fees and other expenses. Investors cannot invest directly in any index.</div>
The Fund’s past performance is not a good predictor of the Fund’s future performance.
The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>AVERAGE ANNUAL TOTAL RETURNS (AS OF </b> <b>5/31/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid">
<tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; text-align: left; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; width: 60%;">Class A Shares</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;">1YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 0; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;">5YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 0; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;">10YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 0; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;"></td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;background-color:rgb(227, 235, 237);height:19pt;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">with Maximum Sales Charge - 4.50%</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">1.38<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">-0.72<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">0.92<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;background-color:rgb(227, 235, 237);height:19pt;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">without Sales Charge</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">6.18<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">0.21<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">1.39<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;background-color:rgb(227, 235, 237);height:19pt;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">Bloomberg U.S. Municipal Bond Index</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">6.67<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">0.92<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">2.21<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td> </tr> </table>
with Maximum Sales Charge - 4.50%
0.0138
-0.0072
0.0092
without Sales Charge
0.0618
0.0021
0.0139
Bloomberg U.S. Municipal Bond Index
0.0667
0.0092
0.0221
For more current information visit <span style="text-decoration-line:underline;color:rgb(0, 0, 0);line-height:8.5pt;word-break:break-all;white-space:nowrap;font-weight:bold;font-family:'times new roman';font-size:10pt">bny.com/investments/literaturecenter</span> .
<div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>5/31/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid">
<tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Fund Size (Millions)</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Number of Holdings</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;">Total Advisory Fee Paid During<br/> Period</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Annual Portfolio Turnover</td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>511</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">191</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>2,333,664</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">20.48<span>%</span></td> </tr> </table>
511000000
191
2333664
0.2048
<div style="margin-top:0px;text-transform:uppercase;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;"> <b>Portfolio Holdings (as of </b> <b>5/31/26</b> <b>)</b> </div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:12pt;margin-left:18pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_11976267.jpg" style="margin-left: 50pt; width: 437pt;"/> </div>
BNY Mellon California AMT-Free Municipal Bond Fund, Inc.
Class C
DCACX
This annual shareholder report contains important information about BNY Mellon California AMT-Free Municipal Bond Fund, Inc. (the “Fund”) for the period of June 1, 2025 to May 31, 2026.
annual shareholder report
You can find additional information about the Fund at <span style="white-space: nowrap;"><span style="text-decoration-line: underline; color: rgb(0, 0, 0); line-height: 7.5pt; word-break: break-all; white-space: nowrap; font-weight: 400; font-family: 'times new roman'; font-size: 10pt;">bny.com/investments/literaturecenter</span>.</span> You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com.
bny.com/investments/literaturecenter
1-800-373-9387
info@bny.com
<div style="margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 2pt;"><b>What were the Fund’s costs for the last </b> <b>year</b> <b>?</b></div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">(based on a hypothetical $10,000 investment)</div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; height: auto; background-color: rgb(0, 72, 94); border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%; padding: 1pt 3pt 10pt 3pt;">Share Class</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%; padding: 1pt 3pt 10pt 3pt;">Costs of a $10,000 investment</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%; padding: 1pt 3pt 10pt 3pt;">Costs paid as a percentage of a $10,000 investment</td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; background-color: rgb(227, 235, 237); height: 19pt;">
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt; padding: 1pt 3pt 3pt 6pt;">Class C</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top; padding: 1pt 3pt 3pt 3pt;"><span style="float: none;">$</span>170</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">1.66<span>%</span></td>
</tr>
</table>
170
0.0166
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); width: 540pt; margin-bottom: 9pt; margin-left: 18pt;">
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); break-inside: avoid;">
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 4pt; margin-top: 0px;"><b>How did the Fund perform last </b> <b>year</b> <b>?</b></div>
<ul style="counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid; padding: 0; margin: 0;">
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">For the 12-month<span style="white-space: nowrap;"> </span>period ended May 31, 2026, the Fund’s Class C shares returned 5.21%.</div>
</li>
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 8pt;">In comparison, the Bloomberg U.S. Municipal Bond Index (the “Index”) returned 6.67% for the same period.</div>
</li>
</ul>
</div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); break-inside: avoid;">
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 4pt; margin-top: 0px;"><b>What affected the Fund’s performance?</b></div>
</div>
<ul style="counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid; padding: 0; margin: 0;">
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">Municipal bonds provided solid returns with consistent demand from investors and resilient credit fundamentals offsetting rate volatility, while elevated yields and supportive technicals helped sustain steady, low-volatility performance.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">The Fund’s relative returns benefited from security selection and an emphasis on revenue bonds, including airport, tobacco and health care bonds.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">A slightly longer duration position was also advantageous, as rates declined and exposure to 10-to-15-year maturities, in particular, provided strong returns.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 8pt;">Exposure to essential service revenue bonds, such as power & utility and education bonds, detracted from relative returns as these higher-quality sectors underperformed higher-yielding alternatives.</div>
</li>
</ul>
</div>
<div style="margin-top: 0px; font-family: 'times new roman'; font-weight: bold; font-size: 10pt; line-height: 12pt; color: rgb(0, 72, 94); padding-top: 5pt; padding-right: 3.5pt; padding-left: 3.5pt; margin-bottom: 0px;"><b> <i>How did the Fund perform over the past 10 years?</i> </b></div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; font-size: 10pt; line-height: 11pt; color: rgb(0, 72, 94); padding-top: 5pt; padding-right: 3.5pt; padding-left: 3.5pt; margin-bottom: 6pt;"><b>The Fund’s past performance is not a good predictor of the Fund’s future performance.</b> The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.</div>
<div style="margin-top: 0px; margin-bottom: 3pt; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px; text-transform: none;"><b>Cumulative Performance from </b> <b>June 1</b> <b>, </b> <b>2016</b> <b> through </b> <b>May 31, 2026</b> <b> </b> <br/><b>Initial Investment of $10,000</b></div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); margin-bottom: 6pt;"><img alt="Fund Performance - Growth of 10K" src="chartimages_11976289.jpg" style="display: block; margin-right: auto; margin-left: auto; width: 396pt;"/> </div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 6.5pt;">The above graph compares a hypothetical $10,000 investment in the Fund’s Class C shares to a hypothetical investment of $10,000 made in the Bloomberg U.S. Municipal Bond Index on 5/31/2016. The performance shown takes into account the maximum deferred sales charge on Class C shares and applicable fees and expenses of the Fund, including management fees, 12b-1 fees and other expenses. The Fund’s performance also assumes the reinvestment of dividends and capital gains. Unlike the Fund, the Index is not subject to charges, fees and other expenses. Investors cannot invest directly in any index.</div>
The Fund’s past performance is not a good predictor of the Fund’s future performance.
The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-top: 0px; margin-bottom: 0px;"><b>AVERAGE ANNUAL TOTAL RETURNS (AS OF </b> <b>5/31/26</b> <b>)</b></div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(0, 72, 94); height: auto; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; width: 60%; padding: 1pt 3pt 10pt 3pt;">Class C Shares</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">1YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">5YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">10YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(227, 235, 237); height: 19pt; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">with Maximum Deferred Sales Charge - 1.00%</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">4.21<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;">
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); margin-top: 0px; margin-bottom: 0px;"><span style="font-size: smaller; vertical-align: super;">*</span></div>
</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">-0.59<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">0.59<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(227, 235, 237); height: 19pt; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">without Deferred Sales Charge</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">5.21<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">-0.59<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">0.59<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(227, 235, 237); height: 19pt; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">Bloomberg U.S. Municipal Bond Index</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">6.67<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">0.92<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">2.21<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
</tr>
</table>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid; margin-bottom: 30pt;">
<tr style="break-inside: avoid-page; page-break-inside: avoid; font-style: italic; font-size: 8pt; height: auto; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); width: 10pt; font-size: 5pt; line-height: normal; text-align: left; vertical-align: super; padding: 0;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; font-style: normal; color: rgb(0, 0, 0); margin-bottom: 0px; width: 10pt; font-size: 5pt; line-height: normal; text-align: left; vertical-align: super; padding: 0px;">*</div>
</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; vertical-align: top; color: rgb(0, 0, 0); padding: 0;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; font-size: 9pt; font-style: normal; line-height: normal; vertical-align: top; color: rgb(0, 0, 0); margin-bottom: 0px; padding: 0px;">The maximum contingent deferred sales charge for Class C shares is 1.00% for shares redeemed within one year of the date purchased.</div>
</td>
</tr>
</table>
with Maximum Deferred Sales Charge - 1.00%
0.0421
-0.0059
0.0059
without Deferred Sales Charge
0.0521
-0.0059
0.0059
Bloomberg U.S. Municipal Bond Index
0.0667
0.0092
0.0221
For more current information visit <span style="text-decoration-line: underline; color: rgb(0, 0, 0); line-height: 8.5pt; word-break: break-all; white-space: nowrap; font-weight: bold; font-family: 'times new roman'; font-size: 10pt;">bny.com/investments/literaturecenter</span> .
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-top: 0px; margin-bottom: 0px;"><b>KEY FUND STATISTICS (AS OF </b> <b>5/31/26</b> <b>)</b></div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; height: auto; background-color: rgb(0, 72, 94); border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Fund Size (Millions)</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Number of Holdings</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;">Total Advisory Fee Paid During<br/>Period</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Annual Portfolio Turnover</td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; background-color: rgb(227, 235, 237); height: 19pt;">
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;"><span style="float: none;">$</span>511</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;">191</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;"><span style="float: none;">$</span>2,333,664</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;">20.48<span>%</span></td>
</tr>
</table>
511000000
191
2333664
0.2048
<div style="margin-top: 0px; text-transform: uppercase; margin-bottom: 3pt; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px;"><b>Portfolio Holdings (as of </b> <b>5/31/26</b> <b>)</b></div>
<div style="margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px; text-transform: none; margin-bottom: 0px; page-break-after: avoid;"><b>Sector Allocation (Based on Net Assets)</b></div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); width: 540pt; margin-bottom: 12pt; margin-left: 18pt;"><img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_11976318.jpg" style="margin-left: 50pt; width: 437pt;"/> </div>
BNY Mellon California AMT-Free Municipal Bond Fund, Inc.
Class I
DCMIX
This annual shareholder report contains important information about BNY Mellon California AMT-Free Municipal Bond Fund, Inc. (the “Fund”) for the period of June 1, 2025 to May 31, 2026.
annual shareholder report
You can find additional information about the Fund at <span style="white-space: nowrap;"><span style="text-decoration-line: underline; color: rgb(0, 0, 0); line-height: 7.5pt; word-break: break-all; white-space: nowrap; font-weight: 400; font-family: 'times new roman'; font-size: 10pt;">bny.com/investments/literaturecenter</span>.</span> You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com.
bny.com/investments/literaturecenter
1-800-373-9387
info@bny.com
<div style="margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 2pt;"><b>What were the Fund’s costs for the last </b> <b>year</b> <b>?</b></div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">(based on a hypothetical $10,000 investment)</div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; height: auto; background-color: rgb(0, 72, 94); border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%; padding: 1pt 3pt 10pt 3pt;">Share Class</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%; padding: 1pt 3pt 10pt 3pt;">Costs of a $10,000 investment</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%; padding: 1pt 3pt 10pt 3pt;">Costs paid as a percentage of a $10,000 investment</td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; background-color: rgb(227, 235, 237); height: 19pt;">
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt; padding: 1pt 3pt 3pt 6pt;">Class I</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top; padding: 1pt 3pt 3pt 3pt;"><span style="float: none;">$</span>62</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">0.60<span>%</span></td>
</tr>
</table>
62
0.0060
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); width: 540pt; margin-bottom: 9pt; margin-left: 18pt;">
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); break-inside: avoid;">
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 4pt; margin-top: 0px;"><b>How did the Fund perform last </b> <b>year</b> <b>?</b></div>
<ul style="counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid; padding: 0; margin: 0;">
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">For the 12-month<span style="white-space: nowrap;"> </span>period ended May 31, 2026, the Fund’s Class I shares returned 6.43%.</div>
</li>
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 8pt;">In comparison, the Bloomberg U.S. Municipal Bond Index (the “Index”) returned 6.67% for the same period.</div>
</li>
</ul>
</div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); break-inside: avoid;">
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 4pt; margin-top: 0px;"><b>What affected the Fund’s performance?</b></div>
</div>
<ul style="counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid; padding: 0; margin: 0;">
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">Municipal bonds provided solid returns with consistent demand from investors and resilient credit fundamentals offsetting rate volatility, while elevated yields and supportive technicals helped sustain steady, low-volatility performance.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">The Fund’s relative returns benefited from security selection and an emphasis on revenue bonds, including airport, tobacco and health care bonds.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">A slightly longer duration position was also advantageous, as rates declined and exposure to 10-to-15-year maturities, in particular, provided strong returns.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 8pt;">Exposure to essential service revenue bonds, such as power & utility and education bonds, detracted from relative returns as these higher-quality sectors underperformed higher-yielding alternatives.</div>
</li>
</ul>
</div>
<div style="margin-top: 0px; font-family: 'times new roman'; font-weight: bold; font-size: 10pt; line-height: 12pt; color: rgb(0, 72, 94); padding-top: 5pt; padding-right: 3.5pt; padding-left: 3.5pt; margin-bottom: 0px;"><b> <i>How did the Fund perform over the past 10 years?</i> </b></div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; font-size: 10pt; line-height: 11pt; color: rgb(0, 72, 94); padding-top: 5pt; padding-right: 3.5pt; padding-left: 3.5pt; margin-bottom: 6pt;"><b>The Fund’s past performance is not a good predictor of the Fund’s future performance.</b> The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.</div>
<div style="margin-top: 0px; margin-bottom: 3pt; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px; text-transform: none;"><b>Cumulative Performance from </b> <b>June 1</b> <b>, </b> <b>2016</b> <b> through </b> <b>May 31, 2026</b> <b> </b> <br/><b>Initial Investment of $10,000</b></div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); margin-bottom: 6pt;"><img alt="Fund Performance - Growth of 10K" src="chartimages_11976340.jpg" style="display: block; margin-right: auto; margin-left: auto; width: 396pt;"/> </div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 6.5pt;">The above graph compares a hypothetical $10,000 investment in the Fund’s Class I shares to a hypothetical investment of $10,000 made in the Bloomberg U.S. Municipal Bond Index on 5/31/2016. The performance shown takes into account applicable fees and expenses of the Fund, including management fees and other expenses. The Fund’s performance also assumes the reinvestment of dividends and capital gains. Unlike the Fund, the Index is not subject to charges, fees and other expenses. Investors cannot invest directly in any index.</div>
The Fund’s past performance is not a good predictor of the Fund’s future performance.
The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-top: 0px; margin-bottom: 0px;"><b>AVERAGE ANNUAL TOTAL RETURNS (AS OF </b> <b>5/31/26</b> <b>)</b></div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(0, 72, 94); height: auto; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; width: 60%; padding: 1pt 3pt 10pt 3pt;">Share Class</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">1YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">5YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">10YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(227, 235, 237); height: 19pt; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">Class I</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">6.43<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">0.44<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">1.63<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(227, 235, 237); height: 19pt; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">Bloomberg U.S. Municipal Bond Index</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">6.67<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">0.92<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">2.21<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
</tr>
</table>
Class I
0.0643
0.0044
0.0163
Bloomberg U.S. Municipal Bond Index
0.0667
0.0092
0.0221
For more current information visit bny.com/investments/literaturecenter .
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-top: 0px; margin-bottom: 0px;"><b>KEY FUND STATISTICS (AS OF </b> <b>5/31/26</b> <b>)</b></div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; height: auto; background-color: rgb(0, 72, 94); border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Fund Size (Millions)</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Number of Holdings</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;">Total Advisory Fee Paid During<br/>Period</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Annual Portfolio Turnover</td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; background-color: rgb(227, 235, 237); height: 19pt;">
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;"><span style="float: none;">$</span>511</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;">191</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;"><span style="float: none;">$</span>2,333,664</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;">20.48<span>%</span></td>
</tr>
</table>
511000000
191
2333664
0.2048
<div style="margin-top: 0px; text-transform: uppercase; margin-bottom: 3pt; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px;"><b>Portfolio Holdings (as of </b> <b>5/31/26</b> <b>)</b></div>
<div style="margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px; text-transform: none; margin-bottom: 0px; page-break-after: avoid;"><b>Sector Allocation (Based on Net Assets)</b></div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); width: 540pt; margin-bottom: 12pt; margin-left: 18pt;"><img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_11976369.jpg" style="margin-left: 50pt; width: 437pt;"/> </div>
BNY Mellon California AMT-Free Municipal Bond Fund, Inc.
Class Y
DCAYX
This annual shareholder report contains important information about BNY Mellon California AMT-Free Municipal Bond Fund, Inc. (the “Fund”) for the period of June 1, 2025 to May 31, 2026.
annual shareholder report
You can find additional information about the Fund at <span style="white-space:nowrap"><span style="text-decoration-line:underline;color:rgb(0, 0, 0);line-height:7.5pt;word-break:break-all;white-space:nowrap;font-weight:400;font-family:'times new roman';font-size:10pt">bny.com/investments/literaturecenter</span>.</span> You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com.
bny.com/investments/literaturecenter
1-800-373-9387
info@bny.com
<div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>year</b> <b>?</b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid">
<tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%;">Share Class</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt">
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt;">Class Y</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>58</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">0.56<span>%</span></td> </tr> </table>
58
0.0056
<div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:9pt;margin-left:18pt;">
<div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);break-inside:avoid;">
<div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:4pt;margin-top:0px;"> <b>How did the Fund perform last </b> <b>year</b> <b>?</b> </div>
<ul style="padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 0; counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid;">
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">For the 12-month<span style="white-space:nowrap"> </span>period ended May 31, 2026, the Fund’s Class Y shares returned 6.49%.</div> </li>
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:8pt;">In comparison, the Bloomberg U.S. Municipal Bond Index (the “Index”) returned 6.67% for the same period.</div> </li> </ul> </div>
<div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);break-inside:avoid;">
<div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:4pt;margin-top:0px;"> <b>What affected the Fund’s performance?</b> </div> </div>
<ul style="padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 0; counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid;">
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">Municipal bonds provided solid returns with consistent demand from investors and resilient credit fundamentals offsetting rate volatility, while elevated yields and supportive technicals helped sustain steady, low-volatility performance.</div> </li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">The Fund’s relative returns benefited from security selection and an emphasis on revenue bonds, including airport, tobacco and health care bonds.</div> </li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">A slightly longer duration position was also advantageous, as rates declined and exposure to 10-to-15-year maturities, in particular, provided strong returns.</div> </li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:8pt;">Exposure to essential service revenue bonds, such as power & utility and education bonds, detracted from relative returns as these higher-quality sectors underperformed higher-yielding alternatives.</div> </li> </ul> </div>
<div style="margin-top:0px;font-family:'times new roman';font-weight:bold;font-size:10pt;line-height:12pt;color:rgb(0, 72, 94);padding-top:5pt;padding-right:3.5pt;padding-left:3.5pt;margin-bottom:0px;"> <b> <i>How did the Fund perform over the past 10 years?</i> </b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:10pt;line-height:11pt;color:rgb(0, 72, 94);padding-top:5pt;padding-right:3.5pt;padding-left:3.5pt;margin-bottom:6pt;"> <b>The Fund’s past performance is not a good predictor of the Fund’s future performance.</b> The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.</div><div style="margin-top:0px;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;"> <b>Cumulative Performance from </b> <b>June 1</b> <b>, </b> <b>2016</b> <b> through </b> <b>May 31, 2026</b> <b> </b> <br/> <b>Initial Investment of $1,000,000</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);margin-bottom:6pt;"> <img alt="Fund Performance - Growth of 10K" src="chartimages_11976391.jpg" style="display: block; margin-right: auto; margin-left: auto; width: 400pt;"/> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:6.5pt;">The above graph compares a hypothetical $1,000,000 investment in the Fund’s Class Y shares to a hypothetical investment of $1,000,000 made in the Bloomberg U.S. Municipal Bond Index on 5/31/2016. The performance shown takes into account applicable fees and expenses of the Fund, including management fees and other expenses. The Fund’s performance also assumes the reinvestment of dividends and capital gains. Unlike the Fund, the Index is not subject to charges, fees and other expenses. Investors cannot invest directly in any index.</div>
The Fund’s past performance is not a good predictor of the Fund’s future performance.
The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>AVERAGE ANNUAL TOTAL RETURNS (AS OF </b> <b>5/31/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid">
<tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; text-align: left; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; width: 60%;">Share Class</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;">1YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 0; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;">5YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 0; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;">10YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 10pt; padding-left: 0; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top;"></td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;background-color:rgb(227, 235, 237);height:19pt;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">Class Y</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">6.49<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">0.39<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">1.62<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;background-color:rgb(227, 235, 237);height:19pt;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">Bloomberg U.S. Municipal Bond Index</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">6.67<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">0.92<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top;">2.21<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 0; padding-bottom: 3pt; padding-left: 0; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0;"></td> </tr> </table>
Class Y
0.0649
0.0039
0.0162
Bloomberg U.S. Municipal Bond Index
0.0667
0.0092
0.0221
For more current information visit bny.com/investments/literaturecenter.
<div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>5/31/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid">
<tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Fund Size (Millions)</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Number of Holdings</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;">Total Advisory Fee Paid During<br/> Period</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Annual Portfolio Turnover</td> </tr>
<tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt">
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>511</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">191</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>2,333,664</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">20.48<span>%</span></td> </tr> </table>
511000000
191
2333664
0.2048
<div style="margin-top:0px;text-transform:uppercase;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;"> <b>Portfolio Holdings (as of </b> <b>5/31/26</b> <b>)</b> </div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:12pt;margin-left:18pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_11976420.jpg" style="margin-left: 50pt; width: 437pt;"/> </div>
BNY Mellon California AMT-Free Municipal Bond Fund, Inc.
Class Z
DRCAX
This annual shareholder report contains important information about BNY Mellon California AMT-Free Municipal Bond Fund, Inc. (the “Fund”) for the period of June 1, 2025 to May 31, 2026.
annual shareholder report
You can find additional information about the Fund at <span style="white-space: nowrap;"><span style="text-decoration-line: underline; color: rgb(0, 0, 0); line-height: 7.5pt; word-break: break-all; white-space: nowrap; font-weight: 400; font-family: 'times new roman'; font-size: 10pt;">bny.com/investments/literaturecenter</span>.</span> You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com.
bny.com/investments/literaturecenter
1-800-373-9387
info@bny.com
<div style="margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 2pt;"><b>What were the Fund’s costs for the last </b> <b>year</b> <b>?</b></div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">(based on a hypothetical $10,000 investment)</div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; height: auto; background-color: rgb(0, 72, 94); border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%; padding: 1pt 3pt 10pt 3pt;">Share Class</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%; padding: 1pt 3pt 10pt 3pt;">Costs of a $10,000 investment</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%; padding: 1pt 3pt 10pt 3pt;">Costs paid as a percentage of a $10,000 investment</td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; background-color: rgb(227, 235, 237); height: 19pt;">
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt; padding: 1pt 3pt 3pt 6pt;">Class Z</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top; padding: 1pt 3pt 3pt 3pt;"><span style="float: none;">$</span>68</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">0.66<span>%</span></td>
</tr>
</table>
68
0.0066
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); width: 540pt; margin-bottom: 9pt; margin-left: 18pt;">
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); break-inside: avoid;">
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 4pt; margin-top: 0px;"><b>How did the Fund perform last </b> <b>year</b> <b>?</b></div>
<ul style="counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid; padding: 0; margin: 0;">
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">For the 12-month<span style="white-space: nowrap;"> </span>period ended May 31, 2026, the Fund’s Class Z shares returned 6.39%.</div>
</li>
<li style="font-weight: 400; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt; padding-left: 3pt; margin-left: 7pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 8pt;">In comparison, the Bloomberg U.S. Municipal Bond Index (the “Index”) returned 6.67% for the same period.</div>
</li>
</ul>
</div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); break-inside: avoid;">
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-bottom: 4pt; margin-top: 0px;"><b>What affected the Fund’s performance?</b></div>
</div>
<ul style="counter-reset: numberedlisting 0 letteringlisting 0 letteredhead 0 lcrmnhead 0 ucletteredhead 0 ucrmnhead 0; break-inside: avoid; padding: 0; margin: 0;">
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">Municipal bonds provided solid returns with consistent demand from investors and resilient credit fundamentals offsetting rate volatility, while elevated yields and supportive technicals helped sustain steady, low-volatility performance.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">The Fund’s relative returns benefited from security selection and an emphasis on revenue bonds, including airport, tobacco and health care bonds.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">A slightly longer duration position was also advantageous, as rates declined and exposure to 10-to-15-year maturities, in particular, provided strong returns.</div>
</li>
<li style="font-weight: 400; padding-left: 3pt; margin-left: 7pt; list-style-type: disc; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 3pt;">
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 8pt;">Exposure to essential service revenue bonds, such as power & utility and education bonds, detracted from relative returns as these higher-quality sectors underperformed higher-yielding alternatives.</div>
</li>
</ul>
</div>
<div style="margin-top: 0px; font-family: 'times new roman'; font-weight: bold; font-size: 10pt; line-height: 12pt; color: rgb(0, 72, 94); padding-top: 5pt; padding-right: 3.5pt; padding-left: 3.5pt; margin-bottom: 0px;"><b> <i>How did the Fund perform over the past 10 years?</i> </b></div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; font-size: 10pt; line-height: 11pt; color: rgb(0, 72, 94); padding-top: 5pt; padding-right: 3.5pt; padding-left: 3.5pt; margin-bottom: 6pt;"><b>The Fund’s past performance is not a good predictor of the Fund’s future performance.</b> The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.</div>
<div style="margin-top: 0px; margin-bottom: 3pt; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px; text-transform: none;"><b>Cumulative Performance from </b> <b>June 1</b> <b>, </b> <b>2016</b> <b> through </b> <b>May 31, 2026</b> <b> </b> <br/><b>Initial Investment of $10,000</b></div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); margin-bottom: 6pt;"><img alt="Fund Performance - Growth of 10K" src="chartimages_11976442.jpg" style="display: block; margin-right: auto; margin-left: auto; width: 396pt;"/> </div>
<div style="font-weight: 400; margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 10pt; line-height: 11pt; margin-bottom: 6.5pt;">The above graph compares a hypothetical $10,000 investment in the Fund’s Class Z shares to a hypothetical investment of $10,000 made in the Bloomberg U.S. Municipal Bond Index on 5/31/2016. The performance shown takes into account applicable fees and expenses of the Fund, including management fees and other expenses. The Fund’s performance also assumes the reinvestment of dividends and capital gains. Unlike the Fund, the Index is not subject to charges, fees and other expenses. Investors cannot invest directly in any index.</div>
The Fund’s past performance is not a good predictor of the Fund’s future performance.
The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-top: 0px; margin-bottom: 0px;"><b>AVERAGE ANNUAL TOTAL RETURNS (AS OF </b> <b>5/31/26</b> <b>)</b></div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(0, 72, 94); height: auto; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; width: 60%; padding: 1pt 3pt 10pt 3pt;">Share Class</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">1YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">5YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 3pt;">10YR</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; width: auto; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; padding: 1pt 0 10pt 0;"></td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(227, 235, 237); height: 19pt; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">Class Z</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">6.39<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">0.41<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">1.60<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(227, 235, 237); height: 19pt; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; text-align: left; font-weight: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 3pt 3pt 3pt;">Bloomberg U.S. Municipal Bond Index</td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">6.67<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">0.92<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; text-align: right; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; padding: 1pt 0 3pt 3pt;">2.21<span>%</span></td>
<td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; width: auto; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; margin-bottom: 0; padding: 1pt 0 3pt 0;"></td>
</tr>
</table>
Class Z
0.0639
0.0041
0.0160
Bloomberg U.S. Municipal Bond Index
0.0667
0.0092
0.0221
For more current information visit <span style="text-decoration-line: underline; color: rgb(0, 0, 0); line-height: 8.5pt; word-break: break-all; white-space: nowrap; font-weight: bold; font-family: 'times new roman'; font-size: 10pt;"> bny.com/investments/literaturecenter</span> .
<div style="font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 11pt; font-weight: bold; margin-top: 0px; margin-bottom: 0px;"><b>KEY FUND STATISTICS (AS OF </b> <b>5/31/26</b> <b>)</b></div>
<table style="width: 100%; border-collapse: collapse; page-break-inside: avoid; break-inside: avoid;">
<tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; height: auto; background-color: rgb(0, 72, 94); border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;">
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Fund Size (Millions)</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Number of Holdings</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;">Total Advisory Fee Paid During<br/>Period</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); width: 170pt; vertical-align: top; text-align: center; padding: 1pt 3pt 10pt 3pt;"><br/>Annual Portfolio Turnover</td>
</tr>
<tr style="break-inside: avoid-page; page-break-inside: avoid; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; background-color: rgb(227, 235, 237); height: 19pt;">
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;"><span style="float: none;">$</span>511</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;">191</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;"><span style="float: none;">$</span>2,333,664</td>
<td style="break-inside: avoid-page; page-break-inside: avoid; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); border-left-color: initial; border-left-style: none; border-left-width: initial; padding: 1pt 3pt 1pt 3pt;">20.48<span>%</span></td>
</tr>
</table>
511000000
191
2333664
0.2048
<div style="margin-top: 0px; text-transform: uppercase; margin-bottom: 3pt; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px;"><b>Portfolio Holdings (as of </b> <b>5/31/26</b> <b>)</b></div>
<div style="margin-top: 0px; font-family: 'times new roman'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; letter-spacing: 0px; text-transform: none; margin-bottom: 0px; page-break-after: avoid;"><b>Sector Allocation (Based on Net Assets)</b></div>
<div style="font-family: 'times new roman'; font-size: 9pt; font-weight: 400; color: rgb(0, 0, 0); width: 540pt; margin-bottom: 12pt; margin-left: 18pt;"><img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_11976471.jpg" style="margin-left: 50pt; width: 437pt;"/> </div>
The maximum contingent deferred sales charge for Class C shares is 1.00% for shares redeemed within one year of the date purchased.