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
$2,500
Class Inception Date
04/28/94
Fund Assets
$673,181,781  As of  08/12/22
Class Assets
$216,419,923  As of  08/12/22
Portfolio Turnover Rate
183.21%  As of fiscal year end  10/31/21
Morningstar Category
Intermediate Core Bond
Benchmark
Bloomberg U.S. Aggregate Bond Index
Fund Holdings
2451  As of  07/31/22
Average Effective Maturity
9.10  yr(s).  As of  07/31/22
Average Effective Duration
6.80  yr(s).  As of  07/31/22

Morningstar Rating™ as of July 31, 2022 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 (401 funds rated); 3 Yrs. 2 Stars (401 funds rated); 5 Yrs. 2 Stars (362 funds rated); 10 Yrs. 2 Stars (266 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

  • Rogers, Nancy G.

    Nancy G. Rogers, CFA

    Portfolio Manager, Mellon Investments Corporation

    12 yr(s). on fund

  • Lee, Gregory A.

    Gregory A. Lee, CFA

    Portfolio Manager, Mellon Investments Corporation

    0 yr(s). on fund


Total Returns

Average Annual
As of 07/31/22
Name 3 MO
07/31/22
YTD
07/31/22
1 YR 3 YRS 5 YRS 10 YRS Since Inception
BNY Mellon Bond Market Index Fund
DBMIX
1.39 -8.45 -9.63 -0.66 0.85 1.19 4.30
Bloomberg U.S. Aggregate Bond Index
1.49 -8.16 -9.12 -0.21 1.28 1.65 -
Average Annual
As of 06/30/22
Name 3 MO
06/30/22
YTD
06/30/22
1 YR 3 YRS 5 YRS 10 YRS Since Inception
BNY Mellon Bond Market Index Fund
DBMIX
-4.87 -10.62 -10.83 -1.34 0.47 1.08 4.22
Bloomberg U.S. Aggregate Bond Index
-4.69 -10.35 -10.29 -0.93 0.88 1.54 -
The Bloomberg 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 07/22 06/22 05/22 04/22 03/22 02/22 01/22 12/21 11/21 10/21 09/21 08/21
    DBMIX
    2.22% 2.21% 2.08% 1.91% 1.77% 1.79% 1.69% 1.66% 1.66% 1.65% 1.67% 1.64%

    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 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    DBMIX
    -1.94% 7.27% 8.12% -0.30% 3.09% 2.08% 0.06% 5.56% -2.59% 3.69%

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


    Prospectus Fee Table Expense Ratios

    As of  03/01/22 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). Nancy Rogers, CFA and Gregg Lee, CFA are the fund's primary portfolio managers, positions they have held since February 2010 and October 2021, respectively. Ms. Rogers is a managing director and Head of Fixed Income Index portfolio management at Mellon Investments Corporation (Mellon), an affiliate of BNYM Investment Adviser. Mr. Lee is a senior portfolio manager and director at Mellon. Ms. Rogers and Mr. Lee also are employees of BNYM Investment Adviser.

    Top Holdings

    As of 07/31/22
    Holdings % Portfolio Weight
    FNMA, 2%, 08/01/2052 2.81
    FNMA, 2.5%, 08/01/2052 1.59
    GNMA, 2%, 08/20/2052 0.80
    FNMA, 2%, 08/01/2037 0.69
    United States Treasury Note/Bond, 1.25%, 08/15/2031 0.59
    GNMA, 2.5%, 08/20/2052 0.50
    United States Treasury Note/Bond, 0.625%, 08/15/2030 0.49
    United States Treasury Note/Bond, 1.625%, 05/15/2031 0.44
    United States Treasury Note/Bond, 0.5%, 02/28/2026 0.43
    United States Treasury Note/Bond, 0.25%, 03/15/2024 0.42

    Asset Allocation


        Daily Statistics

        As of  08/12/22 Name 30-Day Sec Yield 
        (WITHOUT WAIVER)
        30-Day Sec Yield 
        (WITH WAIVER)
        NAV Change 09/14/21  12 Month 
        High Nav
        06/14/22  12 Month 
        Low Nav
        YTD Return
        DBMIX
        2.88% 2.88% $9.47
        $0.03
        0.32%
        $10.86 $9.13 -9.23%

        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  07/31/22 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DBMIX
        4.78 -0.46 1.00 99.43 -0.24

        All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is Bloomberg U.S. Aggregate Bond Index.


        Dividend Schedule

        Declared
        Daily
        Distributed
        Monthly
        Paid
        Monthly
        Fiscal Year End
        Oct 31
        Annualized Distribution Rate
        2.22%
        As of  07/2022
        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 ($)
        07/2022 0.016832924
        06/2022 0.017000060
        05/2022 0.017325277
        04/2022 0.014414794
        03/2022 0.014879826
        02/2022 0.013971059
        01/2022 0.014793535
        12/2021 0.015025748
        11/2021 0.015569694
        10/2021 0.014069670
        09/2021 0.014713043
        08/2021 0.015593598
        All figures as of month-end. Dividend history does not reflect any capital gains that may have been paid.

        Distributions History

        Record Date Ex-Dividend Date Payable Date 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
        12/14/21 12/15/21 12/15/21 0.0000 0.0000 0.0039 0.0000 0.0915 0.0954 10.57
        Record Date Ex-Dividend Date Payable Date 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
        12/14/20 12/15/20 12/15/20 0.0000 0.0000 0.0000 0.0000 0.0444 0.0444 -
        12/17/18 12/18/18 12/18/18 0.0000 0.0000 0.0031 0.0000 0.0000 0.0031 -
        12/19/17 12/20/17 12/20/17 0.0000 0.0000 0.0061 0.0000 0.0000 0.0061 -
        12/19/16 12/20/16 12/20/16 0.0000 0.0000 0.0292 0.0000 0.0210 0.0502 -
        12/18/15 12/21/15 12/21/15 0.0000 0.0000 0.0422 0.0000 0.0069 0.0491 -
        12/19/14 12/22/14 12/22/14 0.0000 0.0000 0.0336 0.0000 0.0502 0.0838 -
        12/19/13 12/20/13 12/20/13 0.0000 0.0000 0.0050 0.0000 0.1373 0.1423 -
        12/20/12 12/21/12 12/21/12 0.0000 0.0000 0.0000 0.0000 0.0250 0.0250 -
        12/16/04 12/17/04 12/17/04 0.0000 0.0000 0.0000 0.0000 0.0127 0.0127 -
        12/18/03 12/19/03 12/19/03 0.0000 0.0000 0.0000 0.0000 0.0469 0.0469 -
        11/30/98 12/01/98 12/01/98 0.0000 0.0000 0.0175 0.0000 0.0000 0.0700 -
        11/26/97 11/28/97 11/28/97 0.0000 0.0000 0.0270 0.0000 0.0000 0.0520 -