Dreyfus AMT-Free New York Municipal Cash Management

Fund Objective / Approach

The fund seeks as high a level of current income exempt from federal, New York state and New York city personal income taxes as is consistent with the preservation of capital and the maintenance of liquidity.

Total Fund Assets
$120,752,634  As of 12/11/19
Share Class Assets
$3,485,074  As of 12/11/19
Inception Date
05/31/19
Fiscal Year End
Jan 31
Trade Deadline
3 PM ET
WAM
22 Days  As of 12/11/19
WAL
22 Days  As of 12/11/19
Holdings
34  As of 11/30/19
Min Investment
$10,000,000
1-Day Yield
0.41%  As of 12/11/19
7-Day Yield With Waiver
0.40%  As of 12/11/19
7-Day Yield Without Waiver
0.40%  As of 12/11/19
30-Day SEC Yield
0.42%  As of 12/11/19
Dividend Factor
0.000011173  As of 12/11/19
Fund Share Price
$1.00 
Market Value Nav
$1.0005  As of 12/10/19
Class Status
Open

Yield and investment return fluctuate and past performance is no guarantee of future results. A money market fund is not insured or guaranteed by the FDIC or any other government agency.

Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. Call your Dreyfus Cash Solutions representative or download from dreyfus.com a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

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 or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions 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.

The fund's short-term corporate and asset- backed securities holdings involve credit and liquidity risks and risk of principal loss.

As a measure of current income, 7-day yield most closely reflects the fund's current income generating ability. SEC 30-day yield is based upon dividends per share from net investment income during the past 30 days, divided by the period ended maximum offering price per share and annualized. Restated yield may reflect the waiver of receipt of a portion of the management fee, and/or a reimbursement of fund expenses, by BNY Mellon Investment Adviser, Inc., which would have the effect of lowering the fund's expense ratio and generating a higher yield.

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.

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).

Daily Dividend Factor is a decimal representation of the amount of yield earned in one day.

Accumulated Dividend Factor is the decimal representation of the daily factors added up in anticipated of a monthly dividend payout.

This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Please consult a legal, tax or investment advisor in order to determine whether an investment product or service is appropriate for a particular situation. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. BNY Mellon Investment Adviser, Inc. and BNY Mellon Securities Corporation are subsidiaries of BNY Mellon. ©2019 BNY Mellon Securities Corporation, distributor, 240 Greenwich Street, 9th Floor, New York, NY 10286.

Dreyfus Cash Investment Strategies is a division of BNY Mellon Investment Adviser, Inc.; Dreyfus Cash Solutions is a division of BNY Mellon Securities Corporation, a registered broker dealer and the Funds’ distributor. BNY Mellon Investment Adviser, Inc. and BNYMSC are affiliated with The Bank of New York Mellon Corporation.

Not FDIC-Insured. Not Bank-Guaranteed. May Lose Value.

Portfolio Daily Net Inflow or Outflow

As of  12/10/19
  Start Date End Date  
$859,550

Portfolio Weekly Liquid Assets

As of 12/10/19
Start Date End Date  
79.31%

As of  11/30/19 Fund 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus AMT-Free New York Municipal Cash Management
DMDXX
- - - - - 05/31/19
As of  09/30/19 Fund 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus AMT-Free New York Municipal Cash Management
DMDXX
- - - - - 05/31/19
As of  11/30/19 Fund 1 MO 3 MO 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus AMT-Free New York Municipal Cash Management
DMDXX
0.04% 0.14% - - - - 0.33% 05/31/19
As of  09/30/19 Fund 1 MO 3 MO 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus AMT-Free New York Municipal Cash Management
DMDXX
0.06% 0.17% - - - - 0.25% 05/31/19

YTD Returns

As of  12/10/19 As of  11/30/19 As of  09/30/19
- - -

Monthly Yield History

Fund 11/19 10/19 09/19 08/19 07/19 06/19 05/19
DMDXX
0.42% 0.63% 0.66% 0.62% 0.68% 0.97% 0.79%

Yield fluctuates 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.

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.

Taxable Equivalent Yield Based on the Fund's 30-day SEC Yield

30-Day SEC Yield With Waiver: 0.42%

Combined Effective Federal and State Income Tax Rate

 

As of  12/11/19
Name 40.20% 42.77% 42.99% 44.86% 46.02%
Joint Return $323,201 to $408,200 - $408,201 to $612,350 $612,351 to $2,155,350 Over $2,155,351
Single Return - $204,101 to $215,400 $215,401 to $510,300 $510,301 to $1,077,550 Over $1,077,551
Dreyfus AMT-Free New York Municipal Cash Management
DMDXX
0.70% 0.73% 0.74% 0.76% 0.78%

Composite effective Federal and State tax bracket for New York residents after Federal benefits. Income is subject to State and local taxes for non-New York residents. Some income may be subject to the Federal Alternative Minimum Tax. Capital gains, if any, are taxable.


Asset Allocation

As of  11/30/19

      Final Maturity

      As of  11/30/19

      Holdings Report

      Fund Name Total Holdings  As of Historical Daily Holdings
      Dreyfus AMT-Free New York Municipal Cash Management
      12/11/19

      See All Money Market Fund Holdings

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

      Link to each fund's Form N-MFP on the Securities and Exchange Commission website.


      Monthly Expense Ratios (Annualized)

      As of  10/31/19 Fee Description Expense Ratio (%)
      Management Fee 0.20%
      Service Fee 0.25%
      Other Expenses 0.14%
      Administrative Services Fee 0.15%
      Total Expenses 0.74%

      This data is annualized.  Monthly operating expenses may vary month to month.

      Prospectus Fee Table Expense Ratios

      As of  06/01/19 Fee Description Expense Ratio (%)
      Management Fee 0.20%
      Service Fee 0.25%
      Other Expenses 0.12%
      Administrative Services Fee 0.15%
      Total Expenses 0.72%