Historical Prices

Start Date End Date

BNY Mellon Short Term Income Fund

  • TICKER DSHPX
  • Fund Code 0171
  • CUSIP 05600G503
  • SHARE CLASS

Why invest in this Fund?

The fund seeks to maximize total return, consisting of capital appreciation and current income.

Accordingly, the fund invests at least 80% of its net assets in investment grade fixed-income securities of U.S. and foreign issuers. The fund may invest up to 20% of its assets in fixed-income securities rated below investment grade ("high yield" or "junk" bonds) to as low as Caa/CCC. The fund may invest up to 30% of total assets in fixed-income securities of foreign issuers, including emerging markets.

Min. class investment
$100,000
Class Inception Date
11/01/02
Fund Assets
$131,647,606  As of  06/18/21
Class Assets
$419,393  As of  06/18/21
Portfolio Turnover Rate
98.18%  As of fiscal year end  07/31/20
Morningstar Category
Short-Term Bond
Benchmark
ICE BofA Merrill Lynch 1-5 Year U.S. Corporate/Government Index
Fund Holdings
316  As of  05/31/21
Average Effective Maturity
4.27  yr(s).  As of  05/31/21
Average Effective Duration
1.91  yr(s).  As of  05/31/21

Morningstar Rating™ as of May 31, 2021 for the Class P class shares; other classes may have different performance characteristics. Overall rating for the Short-Term Bond category. Fund ratings are out of 5 Stars: Overall 2 Stars (518 funds rated); 3 Yrs. 3 Stars (518 funds rated); 5 Yrs. 2 Stars (462 funds rated); 10 Yrs. 2 Stars (303 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

  • Bowser, David R.

    David R. Bowser

    Portfolio Manager, Mellon Investments Corporation

    13 yr(s). on fund

  • Zaleski, Scott

    Scott Zaleski

    Portfolio Manager, Mellon Investments Corporation

    2 yr(s). on fund

  • Hyde, Nathaniel

    Nathaniel Hyde

    Portfolio Manager, Mellon Investments Corporation

    3 yr(s). on fund


As of  05/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Short Term Income Fund
DSHPX
3.88 3.34 2.13 1.61 3.69 11/01/02
As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Short Term Income Fund
DSHPX
7.35 3.04 2.04 1.64 3.69 11/01/02
ICE BofA Merrill Lynch 1-5 Year U.S. Corporate/Government Index
2.11 3.69 2.36 2.15 - -
As of  05/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Short Term Income Fund
DSHPX
3.88 10.37 11.10 17.30 183.67 11/01/02
As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Short Term Income Fund
DSHPX
7.35 9.39 10.62 17.70 181.98 11/01/02
ICE BofA Merrill Lynch 1-5 Year U.S. Corporate/Government Index
2.11 11.47 12.35 23.71 - -
The ICE BofA Merrill Lynch 1-5 Year U.S. Corporate/Government Index tracks the performance of U.S. dollar-denominated investment-grade debt publicly issued in the U.S. domestic market, including U.S. Treasury, U.S. agency, foreign government, supranational and corporate securities, including all securities with a remaining term to final maturity less than five years. Investors cannot invest directly in any index.

The total return performance figures presented for Class P shares of the fund represent the performance of the fund's Class D for periods prior to November 01, 2002, the inception date for Class P shares, and the performance of Class P, 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

    Fund 05/21 04/21 03/21 02/21 01/21 12/20 11/20 10/20 09/20 08/20 07/20 06/20
    DSHPX
    1.82% 2.06% 2.02% 2.17% 2.18% 2.13% 1.77% 1.59% 1.79% 2.02% 1.84% 2.08%

    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
    DSHPX
    4.89% 4.55% -0.47% 1.41% 1.12% -0.32% 0.26% 0.80% 3.87% 1.49%

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


    Prospectus Fee Table Expense Ratios

    As of  12/01/20 Fee Description Expense Ratio (%)
    Management Fee 0.50%
    Service Fee 0.25%
    Other Expenses 0.85%
    Total Expenses 1.60%
    Expenses Reimbursed 0.90%
    Net Expenses 0.70%
    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 December 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 (excluding shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) do not exceed 0.45%. On or after December 1, 2021, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

    Portfolio Manager/Sub-Investment Adviser

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). David Bowser, CFA, Nathaniel Hyde, CFA, and Scott Zaleski, CFA, are the fund's primary portfolio managers, positions they have held since July 2008, March 2018 and July 2019, respectively. Mr. Bowser is a director and senior portfolio manager on the Global Multi-Sector Investment team at Mellon Investments Corporation (Mellon), an affiliate of BNYM Investment Adviser. Mr. Hyde is a vice president and portfolio manager on the Global Multi-Sector Fixed Income team at Mellon. Mr. Zaleski is a director and senior portfolio manager on the Global Multi-Sector Fixed Income team at Mellon. Messrs. Bowser, Hyde and Zaleski are also employees of BNYM Investment Adviser.
    Please see prospectus for recent announcement regarding the sub-adviser.

    Top Holdings

    As of 05/31/21
    Holdings % Portfolio Weight
    United States Treasury Note/Bond, 2.875%, 11/30/2023 3.80
    United States Treasury Note/Bond, 0.125%, 05/15/2023 3.56
    Berkshire Hathaway, 0.1632%, 03/12/2025 0.81
    Goldman Sachs Group, 3.2%, 02/23/2023 0.74
    AT&T, 4.05%, 12/15/2023 0.73
    COMM 2016-COR1 Mortgage Trust, 2.499%, 10/01/2049 0.64
    Verizon Owner Trust 2019-A, 3.22%, 09/20/2023 0.63
    Santander Retail Auto Lease Trust 2020-A, 2.08%, 03/20/2024 0.59
    Capital One Financial, 4.2%, 10/29/2025 0.56
    Oscar US Funding Trust, 3.5%, 05/12/2025 0.56

    Asset Allocation


        Daily Statistics

        As of  06/18/21 Name 30-Day Sec Yield 
        (WITHOUT WAIVER)
        30-Day Sec Yield 
        (WITH WAIVER)
        NAV Change 02/11/21  12 Month 
        High Nav
        07/01/20  12 Month 
        Low Nav
        YTD Return
        DSHPX
        0.45% 0.86% $10.36
        -$0.01
        -0.10%
        $10.45 $10.32 0.17%

        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.
        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  05/31/21, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DSHPX
        3.16 0.35 0.46 24.64 0.65

        Dividend Schedule

        Declared
        Daily
        Distributed
        Monthly
        Paid
        Monthly
        Fiscal Year End
        Jul 31
        Annualized Distribution Rate
        1.82%
        As of  05/2021
        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 ($)
        05/2021 0.014512078
        04/2021 0.017586846
        03/2021 0.018937318
        02/2021 0.017259633
        01/2021 0.018077894
        12/2020 0.018886147
        11/2020 0.015632503
        10/2020 0.013577526
        09/2020 0.015282804
        08/2020 0.017893408
        07/2020 0.016278796
        06/2020 0.018824993
        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
        DSHPX
        0.0000 0.0000 0.0213 0.0000 0.0000 0.0213 10.41
        Record Date Ex-Dividend Date Payable Date
        DSHPX
        12/02/20 12/03/20 12/03/20
        (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
        DSHPX
        Final 0.0000 0.0000 0.0213 0.0000 0.0000 0.0213 10.41
        Record Date Ex-Dividend Date Payable Date
        DSHPX
        12/02/20 12/03/20 12/03/20