Money Market Mutual Funds

Dreyfus Cash Investment Strategies (Dreyfus CIS), a division of BNY Mellon Investment Adviser, Inc., is one of the industry's leading institutional managers of money market mutual funds. With a strong client-focused culture, Dreyfus CIS aims for seemless delivery of high-quality cash management solutions and outstanding client service. Adherence to the highest industry standards drives our goal to consistently build a solid foundation with our investment partners in the institutional marketplace.

A Core Strength

  • More than 20 money market funds.
  • A full range of pricing options with multiple share classes available within each fund.1
  • Our parent company is BNY Mellon.
  • Dreyfus CIS has proven investment expertise that is time tested over many market cycles, and stays within the intentions of SEC Rule 2a-7 to provide safety, liquidity, and yield without sacrificing risk.

Three Classifications of Money Market Funds:

  • Institutional Prime/Municipal Money Market Funds: transact at a floating, market-based NAV (FNAV). This classification is subject to fees and/or gate structures.2
  • Government/Treasury Money Market Funds: transact at a constant net asset value (CNAV) and the funds must invest at least 99.5% of the fund’s assets in cash, government securities, or repurchase agreements that are fully collateralized. This classification is excluded from fee/gate structures.2
  • Retail Prime/Municipal Money Market Funds: transact at a constant net asset value (CNAV) with the funds having “policies and procedures reasonably designed to limit all beneficial owners of the fund to ‘natural persons’”. This classification is subject to fees and/or gate structures.2

Dreyfus Money Market Funds are available in all Major Asset Categories

Prime
Municipal & State Specific
Government & Repurchase Agreements
Government Only
Treasury & Repurchase Agreements
100% Treasury

How We Do It:

  • Dreyfus CIS draws on the expertise of our seasoned investment professionals who utilize an interactive, team-based decision-making approach.
  • The portfolio management team, along with a dedicated credit research staff, evaluate credits seeking to maintain portfolio credit safety, liquidity and consumer confidence while striving to deliver sound results in various market cycles.
  • Investment decisions are derived from current and anticipated market conditions. Securities are then selected that meet Dreyfus’ high credit quality standards.
  • A key tenet of Dreyfus’ risk management hierarchy is a selective and discriminating approach in identifying each element of risk specific to money market mutual funds.
  • Portfolios are structured within the confines of Rule 2a-7.3

1The funds may have multiple share classes that have different expense structures and achieve different results. You should discuss with your financial professional the eligibility requirements for share classes and the historical results achieved by the fund's respective share classes.

2Ability to impose liquidity fees or to suspend redemptions temporarily.

3Rule 2a-7, promulgated under the Investment Company Act of 1940, regulates how all U.S. money market mutual funds are managed.

 

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. To obtain a prospectus, or summary prospectus, if available, that contains this and other information about the fund, contact your financial professional or visit dreyfus.com. Read the prospectus carefully before investing.

Important Information:

Retail Prime and Tax-Exempt/Municipal Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Although the fund's board has no current intention to impose a fee upon the sale of shares or temporarily suspend redemptions if the fund’s liquidity falls below certain levels, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

Institutional Prime and Tax-Exempt Money Market Funds: You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

The information on this Web site is not an offer to sell, or a solicitation of an offer to buy, any security, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale may not lawfully be made.

CIS-134605-2020-08-07