Historical Prices

Start Date End Date

BNY Mellon Bond Market Index Fund

Why invest in this Fund?

The fund seeks to match the total return of the Bloomberg Barclays U.S. Aggregate Index (the 'Index'). Accordingly, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds that are included in the Index.

To maintain liquidity, the fund may invest up to 20% of its assets in various short-term, fixed-income securities and money market instruments. The fund's investments are selected by a "sampling" process, a statistical process used to select bonds.

Min. class investment
$1,000
Class Inception Date
04/28/94
Fund Assets
$1,227,385,927  As of  05/07/21
Class Assets
$323,834,981  As of  05/07/21
Portfolio Turnover Rate
133.65%  As of fiscal year end  10/31/20
Morningstar Category
Intermediate Core Bond
Benchmark
Bloomberg Barclays U.S. Aggregate Bond Index
Fund Holdings
2878  As of  03/31/21
Average Effective Maturity
8.27  yr(s).  As of  03/31/21
Average Effective Duration
6.42  yr(s).  As of  03/31/21

Morningstar Rating™ as of April 30, 2021 for the Investor Shares class shares; other classes may have different performance characteristics. Overall rating for the Intermediate Core Bond category. Fund ratings are out of 5 Stars: Overall 2 Stars (391 funds rated); 3 Yrs. 2 Stars (391 funds rated); 5 Yrs. 2 Stars (341 funds rated); 10 Yrs. 2 Stars (256 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. ©2021 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.

Portfolio Managers

  • Benson, Paul L.

    Paul L. Benson

    CFA, CAIA, Mellon Investments Corporation

    6 yr(s). on fund

  • Rogers, Nancy G.

    Nancy G. Rogers

    Portfolio Manager, Mellon Investments Corporation

    11 yr(s). on fund

  • Shu, Stephanie

    Stephanie Shu

    Portfolio Manager, Mellon Investments Corporation

    6 yr(s). on fund


As of  04/30/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Bond Market Index Fund
DBMIX
-0.68 4.82 2.77 2.94 4.81 04/28/94
As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Bond Market Index Fund
DBMIX
0.08 4.30 2.70 3.00 4.80 04/28/94
Bloomberg Barclays U.S. Aggregate Bond Index
0.71 4.65 3.10 3.44 - -
As of  04/30/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Bond Market Index Fund
DBMIX
-0.68 15.17 14.64 33.55 256.01 04/28/94
As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Bond Market Index Fund
DBMIX
0.08 13.47 14.25 34.36 253.51 04/28/94
Bloomberg Barclays U.S. Aggregate Bond Index
0.71 14.62 16.51 40.25 - -
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.

Growth of $10,000 Investment

Historical Performance

    Fund 04/21 03/21 02/21 01/21 12/20 11/20 10/20 09/20 08/20 07/20 06/20 05/20
    DBMIX
    1.72% 1.69% 1.79% 1.72% 1.75% 1.80% 1.82% 1.91% 1.93% 1.99% 2.14% 2.19%

    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 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
    DBMIX
    7.27% 8.12% -0.30% 3.09% 2.08% 0.06% 5.56% -2.59% 3.69% 7.42%

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


    Prospectus Fee Table Expense Ratios

    As of  03/01/21 Fee Description Expense Ratio (%)
    Management Fee 0.15%
    12B-1 Fee 0.25%
    Other Expenses 0.01%
    Total Expenses 0.41%
    Expenses Reimbursed 0.01%
    Net Expenses 0.40%
    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 agreed in its investment management agreement with the fund to: (1) pay all of the fund's expenses, except management fees, Rule 12b-1 fees and certain other expenses, including the fees and expenses of the non-interested board members and their counsel, and (2) reduce its fees pursant to the investment management agreement in an amount equal to the fund's allocable portion of the fees and expenses of the non-interested board members and their counsel (in the amount of .01% for the past fiscal year). These provisions in the investment management agreement may not be amended without the approval of the fund's shareholders.

    Portfolio Manager/Sub-Investment Adviser

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). Paul Benson, CFA, CAIA, Nancy Rogers, CFA, and Stephanie Shu, CFA are the fund's primary portfolio managers, positions they have held since October 2015, February 2010 and October 2015, respectively. Mr. Benson is a managing director and Head of Fixed Income Efficient Beta at Mellon Investments Corporation (Mellon), an affiliate of BNYM Investment Adviser. Ms. Rogers is a director and Head of Fixed Income Index at Mellon. Ms. Shu is a director and senior portfolio manager at Mellon. Mr. Benson, Ms. Rogers and Ms. Shu are also employees of BNYM Investment Adviser.

    Top Holdings

    As of 03/31/21
    Holdings % Portfolio Weight
    FNMA, 2%, 04/01/2051 2.79
    FNMA, 2.5%, 04/01/2051 1.78
    GNMA, 2.5%, 04/20/2051 0.98
    FNMA, 3.5%, 04/01/2051 0.66
    FNMA, 2%, 04/01/2036 0.62
    GNMA, 3%, 04/20/2051 0.61
    GNMA, 2%, 04/20/2051 0.58
    U.S. Treasury Notes, 2.375%, 05/15/2027 0.45
    United States Treasury Note/Bond, 2.875%, 08/15/2028 0.43
    FNMA, 1.5%, 04/01/2051 0.43

    Asset Allocation


        Daily Statistics

        As of  05/07/21 Name 30-Day Sec Yield 
        (WITHOUT WAIVER)
        30-Day Sec Yield 
        (WITH WAIVER)
        NAV Change 08/06/20  12 Month 
        High Nav
        03/18/21  12 Month 
        Low Nav
        YTD Return
        DBMIX
        0.84% 0.84% $10.72
        $0.00
        0.00%
        $11.25 $10.60 -2.41%

        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.
        The fund uses an indexing strategy. It does not attempt to manage market volatility, use defensive strategies or reduce the effects of any long-term periods of poor stock performance.
        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  04/30/21, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DBMIX
        3.48 -0.31 0.99 98.84 1.01

        Dividend Schedule

        Declared
        Daily
        Distributed
        Monthly
        Paid
        Monthly
        Fiscal Year End
        Oct 31
        Annualized Distribution Rate
        1.72%
        As of  04/2021
        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 ($)
        04/2021 0.015114746
        03/2021 0.016239068
        02/2021 0.014811167
        01/2021 0.014951392
        12/2020 0.016463313
        11/2020 0.016931552
        10/2020 0.016461999
        09/2020 0.017361518
        08/2020 0.018218648
        07/2020 0.018948903
        06/2020 0.020765833
        05/2020 0.019209990
        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
        DBMIX
        0.0000 0.0000 0.0000 0.0000 0.0444 0.0444 11.03
        Record Date Ex-Dividend Date Payable Date
        DBMIX
        12/14/20 12/15/20 12/15/20
        (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
        DBMIX
        Final 0.0000 0.0000 0.0000 0.0000 0.0444 0.0444 11.03
        Record Date Ex-Dividend Date Payable Date
        DBMIX
        12/14/20 12/15/20 12/15/20