BNY Mellon Short Term Income Fund
- TICKER DSTIX
- Fund Code 0083
- CUSIP 05600G107
- SHARE CLASS
-
Literature Download
Why invest in this Fund?
Morningstar Rating™ as of February 28, 2023 for the Class D 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 (543 funds rated); 3 Yrs. 3 Stars (543 funds rated); 5 Yrs. 2 Stars (479 funds rated); 10 Yrs. 2 Stars (349 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. © 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
-
David R. Bowser, CFA
Senior Portfolio Manager, Insight North America, LLC
14 yr(s). on fund
-
Scott Zaleski, CFA
Senior Portfolio Manager, Insight North America, LLC
3 yr(s). on fund
-
Gautam Khanna
Head of US Multi Sector Fixed Income,
Since May 2022
Total Returns
Month End
Average Annual As of 02/28/23 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 02/28/23 |
YTD 02/28/23 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Short Term Income Fund
DSTIX |
0.98 | 0.73 | -3.11 | -0.71 | 0.78 | 0.66 | 3.29 |
ICE BofA Merrill Lynch 1-5 Year U.S. Corporate/Government Index
|
0.12 | 0.01 | -4.03 | -1.30 | 1.01 | 0.99 | - |
Quarter End
Average Annual As of 12/31/22 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 12/31/22 |
YTD 12/31/22 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Short Term Income Fund
DSTIX |
1.37 | -5.63 | -5.63 | -0.46 | 0.54 | 0.63 | 3.28 |
ICE BofA Merrill Lynch 1-5 Year U.S. Corporate/Government Index
|
1.22 | -5.54 | -5.54 | -0.67 | 0.87 | 1.01 | - |
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.
Growth of $10,000 Investment
Historical Performance
Monthly
Yearly
Prospectus Fee Table Expense Ratios
As of 12/01/22 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.30% |
Service Fee | 0.20% |
Other Expenses | 0.61% |
Total Expenses | 1.11% |
Expenses Reimbursed | 0.51% |
Net Expenses | 0.60% |
The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until December 1, 2023, 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 shareholder services fees, taxes, interest, brokerage Commissions, commitment fees on borrowings and extraordinary expenses) exceed 0.40%. On or after December 1, 2023, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 03/24/23 Name |
30-Day Sec Yield (WITHOUT WAIVER) |
30-Day Sec Yield (WITH WAIVER) |
NAV | Change |
04/04/22 12 Month High Nav |
10/20/22 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|---|---|
DSTIX
|
3.47% | 4.12% | $9.56 |
$0.00
0.00%
|
$9.80 | $9.27 | 2.24% |
Main Risks
Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.
Risk Metrics
As of 02/28/23 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
DSTIX
|
3.94 | 0.50 | 0.46 | 50.32 | -0.42 |
All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is Bloomberg U.S. Aggregate Bond Index.
Dividend Schedule
As of 02/2023
Month/Year | Dividend ($) |
---|---|
02/2023 | 0.022992426 |
01/2023 | 0.025637778 |
12/2022 | 0.023520678 |
11/2022 | 0.023091355 |
10/2022 | 0.021455284 |
09/2022 | 0.019839015 |
08/2022 | 0.018515422 |
07/2022 | 0.008751136 |
06/2022 | 0.010997690 |
05/2022 | 0.016763969 |
04/2022 | 0.013194715 |
03/2022 | 0.014493456 |
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 |
---|---|---|---|---|---|---|---|---|---|
12/01/21 | 12/02/21 | 12/02/21 | 0.0000 | 0.0000 | 0.0074 | 0.0000 | 0.0000 | 0.0074 | 10.18 |
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 |
---|---|---|---|---|---|---|---|---|---|
12/02/20 | 12/03/20 | 12/03/20 | 0.0000 | 0.0000 | 0.0213 | 0.0000 | 0.0000 | 0.0213 | - |
12/03/18 | 12/04/18 | 12/04/18 | 0.0000 | 0.0000 | 0.0790 | 0.0000 | 0.0000 | 0.0790 | - |
12/04/17 | 12/05/17 | 12/05/17 | 0.0000 | 0.0000 | 0.0400 | 0.0000 | 0.0000 | 0.0400 | - |
12/04/13 | 12/05/13 | 12/05/13 | 0.0000 | 0.0000 | 0.0089 | 0.0000 | 0.0000 | 0.0089 | - |
12/05/12 | 12/06/12 | 12/06/12 | 0.0000 | 0.0000 | 0.0237 | 0.0000 | 0.0000 | 0.0237 | - |
12/20/07 | 12/21/07 | 12/21/07 | 0.0000 | 0.0000 | 0.0065 | 0.0000 | 0.0000 | 0.0065 | - |
12/21/05 | 12/22/05 | 12/22/05 | 0.0000 | 0.0000 | 0.0150 | 0.0000 | 0.0000 | 0.0150 | - |
12/21/04 | 12/22/04 | 12/22/04 | 0.0000 | 0.0000 | 0.0090 | 0.0000 | 0.0000 | 0.0090 | - |
12/19/03 | 12/22/03 | 12/22/03 | 0.0000 | 0.0000 | 0.0069 | 0.0000 | 0.0000 | 0.0069 | - |
12/29/92 | 12/30/92 | 12/31/92 | 0.0000 | 0.0000 | 0.0240 | 0.0000 | 0.0000 | 0.0240 | - |
Literature
Factsheet, Prospectus and Reports
- Download
- Share
- Subscribe
- Order