Historical Prices

Start Date End Date

BNY Mellon U.S. Mortgage Fund, Inc.

Why invest in this Fund?

The fund seeks to maximize total return, consisting of capital appreciation and current income. To pursue its goal, the fund normally invests at least 80% of its net assets in mortgage-related securities. These mortgage-related securities may include certificates issued, and guaranteed as to timely payment of principal and interest, by the Government National Mortgage Association (GNMA); securities issued by government-related organizations such as Fannie Mae and Freddie Mac; residential and commercial mortgage-backed securities issued by governmental agencies or private entities; and collateralized mortgage obligations (CMOs). The fund will invest at least 65% of its net assets in Ginnie Maes. The fund can invest in privately issued mortgage-backed securities with a "BBB" or higher credit quality, but currently intends to invest in only those securities with an "A" or higher credit quality.

Min. class investment
$1,000
Class Inception Date
05/03/07
Fund Assets
$296,359,628  As of  09/21/20
Class Assets
$810,523  As of  09/21/20
Portfolio Turnover Rate
238.60%  As of fiscal year end  04/30/20
Morningstar Category
Intermediate Government
Benchmark
Bloomberg Barclays GNMA Index
Fund Holdings
96  As of  08/31/20
Average Effective Maturity
3.87  yr(s).  As of  08/31/20
Average Effective Duration
1.31  yr(s).  As of  08/31/20

Morningstar Rating™ as of August 31, 2020 for the Class C class shares; other classes may have different performance characteristics. Overall rating for the Intermediate Government category. Fund ratings are out of 5 Stars: Overall 1 Stars (225 funds rated); 3 Yrs. 1 Stars (225 funds rated); 5 Yrs. 1 Stars (202 funds rated); 10 Yrs. 1 Stars (169 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.


Click here to see SALES CHARGE  Max Sales Charge:  1.00% CDSC Load
As of  08/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon U.S. Mortgage Fund, Inc.
GPNCX
1.99 1.69 1.22 1.30 5.19 05/03/07
Bloomberg Barclays GNMA Index
3.88 3.35 2.86 2.87 - -
As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon U.S. Mortgage Fund, Inc.
GPNCX
3.62 1.98 1.31 1.46 5.22 05/03/07
Bloomberg Barclays GNMA Index
5.37 3.82 3.03 3.05 - -
Click here to see SALES CHARGE  Max Sales Charge:  1.00% CDSC Load
As of  08/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon U.S. Mortgage Fund, Inc.
GPNCX
1.99 5.16 6.26 13.81 494.52 05/03/07
Bloomberg Barclays GNMA Index
3.88 10.40 15.12 32.71 - -
As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon U.S. Mortgage Fund, Inc.
GPNCX
3.62 6.07 6.70 15.64 496.09 05/03/07
Bloomberg Barclays GNMA Index
5.37 11.89 16.10 35.03 - -
The Bloomberg Barclays GNMA Index tracks agency mortgage-backed pass-through securities guaranteed by Ginnie Mae (GNMA). The index is constructed by grouping individual TBA-deliverable MBS pools into aggregates or generics based on program, coupon and vintage. Investors cannot invest directly in any index.

The total return performance figures presented for Class C shares of the fund represent the performance of the fund's Class Z for periods prior to May 03, 2007, the inception date for Class C shares, and the performance of Class C, respectively, from that inception date. Performance reflects the applicable class' distribution/servicing fees since the inception date. Had these fees and expenses been reflected for periods prior, performance would have been different. Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

Growth of $10,000 Investment

Historical Performance

    These figures do not reflect the maximum sales charge which, if included, would reduce return.

    Fund 08/20 07/20 06/20 05/20 04/20 03/20 02/20 01/20 12/19 11/19 10/19 09/19
    GPNCX
    1.24% 1.86% 1.44% 0.54% 0.00% 0.47% 0.83% 3.29% 1.34% 1.62% 1.57% 1.46%

    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 2010
    GPNCX
    4.52% -0.69% -0.02% 0.20% -0.07% 3.44% -3.38% 1.65% 6.36% 5.53%

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


    Redemption Charge

    As of  09/22/20  Redemption Year CDSC
    Year 1 1.00
    Class C shares are subject to a contingent deferred sales charge (CDSC) imposed on Class C shares redeemed within one year of purchase.

    Prospectus Fee Table Expense Ratios

    As of  09/01/20 Fee Description Expense Ratio (%)
    Management Fee 0.50%
    12B-1 Fee 0.75%
    Service Fee 0.25%
    Other Expenses 0.41%
    Total Expenses 1.91%
    Expenses Reimbursed 0.36%
    Net Expenses 1.55%
    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 the fund's Class A, Class C, Class I, Class Y and Class Z shares (excluding taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) do not exceed an annual rate of .80%, 1.55%, .55%, .55% and .70%, respectively. 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. and the fund's sub-investment adviser is Amherst Capital Management LLC (Amherst Capital). Prior to June 29, 2018, Amherst Capital was an affiliate of BNY Mellon Investment Adviser, Inc. Karen Gemmett and Eric Seasholtz are the fund's co-primary portfolio managers, positions they have held since December 2016. Ms. Gemmett is a director and portfolio manager at Amherst Capital responsible for residential mortgage-backed securities research and analysis. Mr. Seasholtz is a director and portfolio manager at Amherst Capital.

    Asset Allocation


        Daily Statistics

        As of  09/21/20 Name 30-Day Sec Yield 
        (WITHOUT WAIVER)
        30-Day Sec Yield 
        (WITH WAIVER)
        NAV Change 06/05/20  12 Month 
        High Nav
        03/19/20  12 Month 
        Low Nav
        YTD Return
        GPNCX
        -0.76% -0.47% $15.13
        -$0.01
        -0.07%
        $15.31 $14.78 1.95%

        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 declines.
        Mortgage 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 securitiesare 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.
        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  08/31/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        GPNCX
        1.87 -1.60 0.49 81.91 0.04

        Dividend Schedule

        Declared
        Monthly
        Distributed
        Monthly
        Paid
        Monthly
        Fiscal Year End
        Apr 30
        Annualized Distribution Rate
        1.24%
        As of  08/2020
        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 ($)
        08/2020 0.010000000
        07/2020 0.016000000
        06/2020 0.024000000
        05/2020 0.018000000
        04/2020 0.007000000
        02/2020 0.006000000
        01/2020 0.010000000
        12/2019 0.042000000
        11/2019 0.017000000
        10/2019 0.020000000
        09/2019 0.020000000
        08/2019 0.018000000
        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
        GPNCX
        0.0100 0.0000 0.0000 0.0000 0.0000 0.0100 15.19
        Record Date Ex-Dividend Date Payable Date
        GPNCX
        08/31/20 09/01/20 09/01/20
        (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
        GPNCX
        Final 0.0420 0.0000 0.0000 0.0000 0.0000 0.0420 14.91
        Record Date Ex-Dividend Date Payable Date
        GPNCX
        12/11/19 12/12/19 12/12/19