Historical Prices

Start Date End Date

BNY Mellon Core Plus Fund

Why invest in this Fund?

The fund seeks high total return consistent with preservation of capital. To pursue its goal, the fund normally invests in a diversified portfolio of fixed-income securities of U.S. and foreign issuers. Typically, the fund's portfolio can be expected to have an average effective duration ranging between three and eight years.
Min. class investment
$1,000,000
Class Inception Date
12/02/10
Class Status
Not available for purchase by individual investors.
Fund Assets
$1,493,676,395  As of  11/27/20
Class Assets
$1,830,926  As of  11/27/20
Portfolio Turnover Rate
124.64%  As of fiscal year end  04/30/20
Morningstar Category
Intermediate Core-Plus Bond
Benchmark
Bloomberg Barclays U.S. Aggregate Bond Index
Morningstar Overall Rating
Fund Holdings
459  As of  10/31/20
Average Effective Maturity
10.12  yr(s).  As of  10/31/20
Average Effective Duration
6.16  yr(s).  As of  10/31/20

Morningstar Rating™ as of October 31, 2020 for the Class Y class shares; other classes may have different performance characteristics. Overall rating for the Intermediate Core-Plus Bond category. Fund ratings are out of 5 Stars: Overall 5 Stars (540 funds rated); 3 Yrs. 4 Stars (540 funds rated); 5 Yrs. 5 Stars (458 funds rated). The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. ©2018 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

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As of  10/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Core Plus Fund
DCPYX
6.90 5.71 5.10 - 4.51 12/02/10
Bloomberg Barclays U.S. Aggregate Bond Index
6.19 5.06 4.08 3.55 - -
As of  09/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Core Plus Fund
DCPYX
7.64 5.91 5.31 - 4.59 12/02/10
Bloomberg Barclays U.S. Aggregate Bond Index
6.98 5.24 4.18 3.64 - -
As of  10/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Core Plus Fund
DCPYX
6.90 18.14 28.24 - 54.86 12/02/10
Bloomberg Barclays U.S. Aggregate Bond Index
6.19 15.98 22.14 41.77 - -
As of  09/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Core Plus Fund
DCPYX
7.64 18.81 29.54 - 55.40 12/02/10
Bloomberg Barclays U.S. Aggregate Bond Index
6.98 16.56 22.71 42.91 - -

The performance data quotes represents past performance, which is no guarantee of future results. Yield, share price and investment return fluctuate and an investor’s shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Click above for month-end returns.

The Bloomberg Barclays U.S. Aggregate Total Return Index is designed to measure the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, mortgage-backed pass-through securities (agency fixed-rate), commercial mortgage-backed securities (agency and non-agency) and other asset-backed securities having at least one year until final maturity. To be included in the index, securities must be rated investment grade (Baa3/BBB-/BBB- or higher) using the middle rating of Moody’s, S&P and Fitch. Investors cannot invest directly in an index.

For periods prior to February 5, 2018, the information for the fund’s Class Y shares represents the performance of a predecessor fund's Institutional share.  Such performance figures have not been adjusted to reflect applicable class fees and expenses; if such fees and expenses had been reflected, the performance shown for Class Y shares for such periods may have been lower.

Growth of $10,000 Investment

Historical Performance

    Not available for purchase by individual investors.

    For periods prior to February 5, 2018, the information for the fund’s Class Y shares represents the performance of a predecessor fund's Institutional share.  Such performance figures have not been adjusted to reflect applicable class fees and expenses; if such fees and expenses had been reflected, the performance shown for Class Y shares for such periods may have been lower.

    Fund 10/20 09/20 08/20 07/20 06/20 05/20 04/20 03/20 02/20 01/20 12/19 11/19
    DCPYX
    2.41% 2.38% 2.37% 2.45% 2.65% 2.73% 2.68% 2.84% 2.88% 2.79% 2.85% 2.90%

    Yield fluctuates and past performance is no guarantee of future results.

    Monthly yield history is the annualized distribution rate that is based upon dividends per share from net investment income paid during the period, divided by the period ended maximum offering price per share, adjusted for capital gains (IF ANY) distributed during the period, and annualized based upon the number of days in the distribution period.

    Fund 2019 2018 2017 2016 2015 2014 2013 2012 2011
    DCPYX
    11.17% -0.79% 5.13% 4.83% -0.42% 7.28% -1.32% 8.49% 5.69%

    Investment return fluctuates and past performance is no guarantee of future results.


    Prospectus Fee Table Expense Ratios

    As of  09/01/20 Fee Description Expense Ratio (%)
    Management Fee 0.35%
    Other Expenses 0.08%
    Total Expenses 0.43%
    Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
    The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until September 1, 2021, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the fund's classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .45%. On or after September 1, 2021, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser), and the fund's sub-adviser is Insight North America LLC, an affiliate of BNYM Investment Adviser. Gautam Khanna and James DiChiaro are the fund's primary portfolio managers. Mr. Khanna has served as primary portfolio manager since the fund commenced operations on February 2, 2018. Mr. DiChiaro has served as a primary portfolio manager of the fund since August 1, 2019. Mr. Khanna also was the predecessor fund's primary portfolio manager since its inception in December 2010. Messrs. Khanna and DiChiaro are senior portfolio managers at the sub-adviser.

    Top Holdings

    As of  10/31/20   Holdings % Portfolio  Weight
    U.S. Treasury, 1.8%, 07/31/2021 4.30
    U.S. Treasury, 1.1%, 05/15/2040 4.08
    U.S. Treasury, 0.6%, 08/15/2030 2.86
    U.S. Treasury, 1.8%, 12/31/2026 1.70
    U.S. Treasury, 0.5%, 06/30/2027 1.62
    AT&T, 3.7%, 06/01/2051 1.06
    FNMA 1.5% 10/01/2040 0.99
    GNMA, 2.5%, 05/01/2050 0.99
    FNMA, 3.5%, 05/01/2047 0.98
    U.S. Treasury, 0.6%, 05/15/2030 0.96

    Asset Allocation


        Daily Statistics

        As of  11/27/20 Name 30-Day Sec Yield 
        (WITHOUT WAIVER)
        30-Day Sec Yield 
        (WITH WAIVER)
        NAV Change 08/06/20  12 Month 
        High Nav
        03/19/20  12 Month 
        Low Nav
        YTD Return
        DCPYX
        1.67% 1.67% $11.16
        $0.02
        0.18%
        $11.18 $9.71 9.03%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Intermediate Core-Plus Bond


        Morningstar Rating™ as of 10/31/20 for the Class Y shares; other classes may have different performance characteristics. Overall rating for the Intermediate Core-Plus Bond. Fund ratings are out of 5 Stars: Overall 5 Stars (1338 funds rated); 3 Yrs. 4 Stars (540 funds rated); 5 Yrs. 5 Stars (458 funds rated); 10 Yrs. Stars (340 funds rated).
        The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. © Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

        Lipper Rankings

        • 1 Year
          94 out of 301
        • 3 Year
          29 out of 253
        • 5 Year
          21 out of 200
        • 10 Year
          out of

        LIPPER CLASSIFICATION Core Plus Bond Funds


        Lipper Category returns and rankings are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

        Main Risks

        Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price decline. Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
        Mortgage-backed securities: Ginnie Maes and other securities backed by the full faith and credit of the United States are guaranteed only as to the timely payment of interest and principal when held to maturity. The market prices for such securtgage-backed securities: Ginnie Maes and other securities backed by the full faith and credit of the United States are guaranteed only as to the timely payment of interest and principal when held to maturity. The market prices for such securities are not guaranteed and will fluctuate. Privately issued mortgage related securities also are subject to credit risks associated with the underlying mortgage properties. These securities may be more volatile and less liquid than more traditional, government bacities are not guaranteed and will fluctuate. Privately issued mortgage related securities also are subject to credit risks associated with the underlying mortgage properties. These securities may be more volatile and less liquid than more traditional, government backed debt securities.
        High yield bonds involve increased credit and liquidity risk than higher rated bonds and are considered speculative in terms of the issuer's ability to pay interest and repay principal on a timely basis.
        Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquiditards, and less market liquidity. These risks generally are greater with emerging market countries.
        The fund may, but is not required to, use derivatives which involves risks different from, or possibly greater than, the risks associated with investing directly in the underlyiwith investing directly in the underlying assets. Derivatives can be highly volatile, illiquid, and difficult to value and there is the risk that changes in the value of a derivative held by the portfolio will not correlate with the underlying instrng assets. Derivatives can be highly volatile, illiquid, and difficult to value and there is the risk that changes in the value of a derivative held by the portfolio will not correlate with the underlying instruments or the portfolio's other investments.
        Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

        Risk Metrics

        As of  10/31/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DCPYX
        4.61 0.44 1.07 61.06 0.89

        Dividend Schedule

        Declared
        Daily
        Distributed
        Monthly
        Paid
        Monthly
        Fiscal Year End
        Apr 30
        Annualized Distribution Rate
        2.41%
        As of  10/2020
        Annualized distribution rate is based upon dividends per share from net investment income paid during the period, divided by the period ended maximum offering price per share, adjusted for capital gains (IF ANY) distributed during the period, and annualized based upon the number of days in the distribution period.
        Month/Year Dividend ($)
        10/2020 0.021621281
        09/2020 0.021508792
        08/2020 0.022235739
        07/2020 0.023200287
        06/2020 0.025256735
        05/2020 0.023359117
        04/2020 0.023232742
        03/2020 0.025470884
        02/2020 0.023663067
        01/2020 0.025249383
        12/2019 0.026210774
        11/2019 0.024161170
        All figures as of month-end. Dividend history does not reflect any capital gains that may have been paid.

        Distributions History

        (Values Listed In $) Ordinary 
        Non-Qualified 
        Dividends
        Qualified 
        Dividends
        Non-Qualified 
        Short-Term 
        Capital Gain
        Qualified 
        Short-Term 
        Capital Gain
        Long-Term 
        Capital Gain
        Total 
        Distribution
        Reinvest 
        NAV
        DCPYX
        0.0000 0.0000 0.0000 0.0000 0.0466 0.0466 10.12
        Record Date Ex-Dividend Date Payable Date
        DCPYX
        12/07/17 12/08/17 12/08/17
        (Values Listed In $) Distribution Status Ordinary 
        Non-Qualified 
        Dividends
        Qualified 
        Dividends
        Non-Qualified 
        Short-Term 
        Capital Gain
        Qualified 
        Short-Term 
        Capital Gain
        Long-Term 
        Capital Gain
        Total 
        Distribution
        Reinvest 
        NAV
        DCPYX
        Estimated 0.0000 0.0000 0.0443 0.0000 0.0000 0.0443 -
        Record Date Ex-Dividend Date Payable Date
        DCPYX
        12/08/20 12/09/20 12/09/20