• Money Market Funds

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Important Information:
Each fund named above belongs in one of the 3 categories of money market funds listed below. Please see the corresponding footnote for important information relating to your fund.

1. Retail Prime and Tax-Exempt/Municipal Money Market Funds:  You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares if determined in the best interests of the fund to do so because of market conditions, reduced liquidity or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

2. Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. Although the fund's board has no current intention to impose a fee upon the sale of shares, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

3. Institutional Prime and Tax-Exempt Money Market Funds: You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares if determined in the best interests of the fund to do so because of market conditions, reduced liquidity or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Yield and investment return fluctuate and past performance is no guarantee of future results.

As a measure of current income, 7-day yield most closely reflects the fund's current income generating ability. 

1-Day Yield: the distribution factor for the prior business day multiplied by the number of days in the year.

1-Day Yield Unsubsidized: reflects what the 1-Day Yield would have been absent of contractual and or voluntary expense waivers.

1-Day Yield Subsidized: reflects expense fee waivers during the period.  Without waivers, the yield would be reduced.

7 Day Yield Unsubsidized: the Fund's previous 7 days of income dividend per share, annualized by dividing by the 7 days and multiplying by the number of days in the year, and shown as a percentage of the fund's current net asset value per share. This yield does not reflect contractual and or voluntary fee waivers.

7 Day Yield Subsidized: the Fund's previous 7 days of income dividend per share, annualized by dividing by the 7 days and multiplying by the number of days in the year, and shown as a percentage of the fund's current net asset value per share. This yield reflects contractual and or voluntary fee waivers.  

While dividends are declared daily, they are paid monthly (if any).

Market Value NAV: Calculated based on available market quotations (except overnight securities which are valued at amortized cost) related to the Fund’s securities at the close of business on the date stated. It is calculated to the nearest hundredth of a cent or (or $0.0001).

WAM: A measure of the average maturity of all of the underlying money market instruments in the fund, weighted to reflect the relative percentage ownership of each instrument, and taking into account applicable “maturity shortening” provisions provided by the Rule. Generally, for money market funds, WAM can be used primarily as a measure of relative sensitivity to interest rate changes.

WAL: WAL is the WAM of the money market fund calculated without reference to the “maturity shortening” provisions of Rule 2a-7 permitted for purposes of calculating WAM. Because WAL does not reflect the rule’s “maturity shortening” provisions, WAL will generally be higher than WAM.

Any order in proper form placed with Dreyfus by the Fund’s trading deadline and for which Federal Funds are received by 6:00 PM ET will be effective on that date. Investors will earn the dividend declared on that day.

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

The yield and performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. As a measure of current income, 7-day yield most closely reflects the fund's current income generating ability.

7 Day Yield Unsubsidized: the Fund's previous 7 days of income dividend per share, annualized by dividing by the 7 days and multiplying by the number of days in the year, and shown as a percentage of the fund's current net asset value per share. This yield does not reflect contractual and or voluntary fee waivers.

7 Day Yield Subsidized: the Fund's previous 7 days of income dividend per share, annualized by dividing by the 7 days and multiplying by the number of days in the year, and shown as a percentage of the fund's current net asset value per share. This yield reflects contractual and or voluntary fee waivers. 

Important Information:
Each fund named above belongs in one of the 3 categories of money market funds listed below. Please see the corresponding footnote for important information relating to your fund.

1. Retail Prime and Tax-Exempt/Municipal Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares if determined in the best interests of the fund to do so because of market conditions, reduced liquidity or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

2. Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. Although the fund's board has no current intention to impose a fee upon the sale of shares, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

3. Institutional Prime and Tax-Exempt Money Market Funds: You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares if determined in the best interests of the fund to do so because of market conditions, reduced liquidity or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Total Returns reflect current expense absorptions (if applicable), without which performance would have been lower. For information on current absorptions, please read the fund's prospectus or call 1-800-800-645-6561.

The gross expense ratio is the total annual operating expense ratio for the fund before any contractual fee waivers or expense reimbursements as reflected in the prospectus fee table. The net expense ratio is the total annual operating expense ratio for the fund after any contractual fee waivers or expense reimbursements as reflected in the prospectus fee table. If a fund has an active contractual expense limitation, the expiration date can be found in the fund's prospectus.

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Important Information:
Each fund named above belongs in one of the 3 categories of money market funds listed below. Please see the corresponding footnote for important information relating to your fund.

1. Retail Prime and Tax-Exempt/Municipal Money Market Funds:  You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares if determined in the best interests of the fund to do so because of market conditions, reduced liquidity or other factors. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

2. Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. Although the fund's board has no current intention to impose a fee upon the sale of shares, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

3. Institutional Prime and Tax-Exempt Money Market Funds: You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares if determined in the best interests of the fund to do so because of market conditions, reduced liquidity or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security.