Historical Prices

Start Date End Date

BNY Mellon Core Plus Fund

Overview

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
Class Inception Date
02/02/18
Fund Assets
$1,006,137,069  As of  03/27/20
Class Assets
$368,759,893  As of  03/27/20
Portfolio Turnover Rate
185.04%  As of fiscal year end  04/30/19
Morningstar Category
Intermediate Core-Plus Bond
Benchmark
Bloomberg Barclays U.S. Aggregate Bond Index
Fund Holdings
390  As of  02/29/20
Average Effective Maturity
8.719377171  yr(s).  As of  02/29/20
Average Effective Duration
5.896105179  yr(s).  As of  02/29/20

Gautam Khanna featured in Barron’s

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Performance

Average Annual Returns

Click here to see SALES CHARGE  Max Sales Charge:  4.50% Front End Load

Month End

As of  02/29/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Core Plus Fund
DCPAX
 11.56 5.34 4.09 - 4.37 02/02/18
Bloomberg Barclays U.S. Aggregate Bond Index
 11.68 5.01 3.58 3.93 - -

Quarter End

As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Core Plus Fund
DCPAX
 10.88 4.89 3.79 - 4.15 02/02/18
Bloomberg Barclays U.S. Aggregate Bond Index
 8.72 4.03 3.05 3.75 - -

Cumulative Returns

Click here to see SALES CHARGE  Max Sales Charge:  4.50% Front End Load

Month End

As of  02/29/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Core Plus Fund
DCPAX
 11.56 16.90 22.18 - 48.51 02/02/18
Bloomberg Barclays U.S. Aggregate Bond Index
 11.68 15.80 19.21 47.07 - -

Quarter End

As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Core Plus Fund
DCPAX
 10.88 15.40 20.46 - 44.59 02/02/18
Bloomberg Barclays U.S. Aggregate Bond Index
 8.72 12.58 16.20 44.45 - -

DUE TO HIGH MARKET VOLATILITY IN MARCH 2020, CURRENT PERFORMANCE MAY BE LOWER THAN THE FIGURES SHOWN.


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 A shares represents the performance of a predecessor fund's Institutional shares, adjusted to reflect any applicable sales charges. 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 A shares for such periods may have been lower.

Growth of $10,000 Investment

Historical Performance

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

    For periods prior to February 5, 2018, the information for the fund’s Class A shares represents the performance of a predecessor fund's Institutional shares, adjusted to reflect any applicable sales charges. 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 A shares for such periods may have been lower.

    Monthly

    Fund 02/20 01/20 12/19 11/19 10/19 09/19 08/19 07/19 06/19 05/19 04/19 03/19
    DCPAX
    		 2.46% 2.40% 2.47% 2.50% 2.49% 2.62% 2.64% 2.80% 2.77% 2.84% 2.94% 2.92%

    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.

    Yearly

    Fund 2019 2018 2017 2016 2015 2014 2013 2012 2011
    DCPAX
    		 10.88% -1.00% 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.

    Fees & Expenses

    Prospectus Fee Table Expense Ratios

    As of  08/30/19 Fee Description Expense Ratio (%)
    Management Fee 0.35%
    Service Fee 0.25%
    Other Expenses 0.18%
    Total Expenses 0.78%
    Expenses Reimbursed 0.08%
    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 August 30, 2020, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of its 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 August 30, 2020, BNY Mellon Investment Adviser, Inc. may terminate may terminate this expense limitation at any time.

    Sales Charge

    Investment Amount Sales Charge
    Less than $50,000 4.50%
    Less than $100,000 4.00%
    Less than $250,000 3.00%
    Less than $500,000 2.50%
    Less than $1,000,000 2.00%
    Over $1,000,000 0.00%
    There is a 1% CDSC for purchases of $1,000,000 and over if redeemed within one year of purchase.
    Portfolio

    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, James DiChiaro, Jason Celente and E. Gerard Berrigan are the fund's primary portfolio managers. Messrs. Khanna, Celente and Berrigan have each served as primary portfolio managers 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. Messrs. Khanna, Celente and Berrigan also were the predecessor fund's primary portfolio managers since its inception in December 2010. Messrs. Khanna, DiChiaro, Celente and Berrigan are senior portfolio managers at the sub-adviser.

    Top Holdings

    As of  02/29/20   Holdings % Portfolio  Weight
    U.S. Treasury, 1.6%, 07/31/2020 6.30
    U.S. Treasury, 3.5%, 02/15/2039 4.47
    U.S. Treasury, 2.5%, 02/28/2026 2.42
    U.S. Treasury, 2.4%, 04/30/2026 1.97
    BHP Billiton Finance, 6.8%, 10/19/2075 1.49
    U.S. Treasury, 2.4%, 11/15/2049 1.42
    U.S. Treasury, 1.5%, 10/31/2024 1.39
    U.S. Treasury, 1.4%, 08/31/2026 1.20
    FNMA, 3%, 06/01/2034 1.13
    GNMA, 3%, 10/01/2049 1.12

    Asset Allocation

        Stats & Risks

        Daily Statistics

        As of  03/27/20 Name 30-Day Sec Yield 
        (WITHOUT WAIVER)        		 30-Day Sec Yield 
        (WITH WAIVER)        		 NAV Change 03/06/20  12 Month 
        High Nav        		 03/19/20  12 Month 
        Low Nav        		 YTD Return
        DCPAX
        		 2.27% 2.27% $10.15
        $0.11
        1.10%
        		 $10.84 $9.71 -2.56%

        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-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 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 standards, 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 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 instruments or the portfolio's other investments.

        Risk Metrics

        As of  02/29/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DCPAX
        		 2.74 0.96 0.80 84.99 1.29
        Distributions

        Dividend Schedule

        Declared
        Daily
        Distributed
        Monthly
        Paid
        Monthly
        Fiscal Year End
        Apr 30
        Annualized Distribution Rate
        2.46%
        As of  02/2020
        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 ($)
        02/2020 0.021204774
        01/2020 0.022747977
        12/2019 0.023721441
        11/2019 0.021793633
        10/2019 0.023278889
        09/2019 0.024467168
        08/2019 0.023955233
        07/2019 0.027424106
        06/2019 0.023005806
        05/2019 0.025683377
        04/2019 0.027135498
        03/2019 0.024376873
        All figures as of month-end. Dividend history does not reflect any capital gains that may have been paid.
        Literature