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BNY Mellon Government Money Market Fund

Overview

Fund Objective / Approach

The fund seeks as high a level of current income as is consistent with the preservation of capital and the maintenance of liquidity.

The fund pursues its investment objective by investing only in government securities (i.e., securities issued or guaranteed as to principal and interest by the U.S. government or its agencies or instrumentalities, including those with floating or variable rates of interest), repurchase agreements collateralized solely by government securities and/or cash, and cash. The fund seeks to invest in securities that present minimal credit risk, based on BNY Mellon Investment Adviser's assessment of the issuer's or guarantor's credit quality and capacity to meet its financial obligations, which may include environmental, social and governance (ESG) factors as appropriate and applicable, among other factors. The fund is a government money market fund managed to meet the requirements of Rule 2A-7 under the Investment Company Act of 1940.
Total Fund Assets
$460,143,092  As of  03/24/23
Share Class Assets
$450,298,774  As of  03/24/23
Inception Date
06/02/03
Fiscal Year End
Aug 31
Trade Deadline
12 PM ET
WAM
7 Days  As of  03/24/23
WAL
54 Days  As of  03/24/23
Holdings
28 As of  02/28/23
1-Day Yield
4.52% As of  03/24/23
7-Day Yield With Waiver
4.43% As of  03/24/23
7-Day Yield Without Waiver
4.43% As of  03/24/23
30-Day SEC Yield
4.34% As of  03/24/23
Dividend Factor
0.000371621  As of  03/24/23
Fund Share Price
$1.00
MARKET VALUE NAV
$1.0000 As of 03/24/23
Class Status
Open

Portfolio Daily Net Inflow or Outflow

As of  03/23/23
  Start Date End Date  
$20,040,790 

Portfolio Daily/Weekly Liquid Assets

As of  03/24/23
Daily Weekly Start Date End Date  
83.18% 86.85%
Performance

Average Annual Returns

Month End

As of 02/28/23  Fund 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Government Money Market Fund
MLMXX
2.10% 0.73% 1.16% 0.67% 1.23% 06/02/03

Quarter End

As of  12/31/22  Fund 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Government Money Market Fund
MLMXX
1.42% 0.58% 1.06% 0.60% 1.21% 06/02/03

Cumulative Returns

Month End

02/28/23  Fund 1 MO 3 MO 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Government Money Market Fund
MLMXX
0.33% 1.00% 2.10% 2.21% 5.91% 6.85% 27.33% 06/02/03

Quarter End

As of  12/31/22  Fund 1 MO 3 MO 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Government Money Market Fund
MLMXX
0.32% 0.85% 1.42% 1.75% 5.39% 6.13% 26.48% 06/02/03

YTD Returns

As of  03/24/23 As of  02/28/23 As of  12/31/22
0.99% 0.67% 1.42%

Monthly

Fund 02/23 01/23 12/22 11/22 10/22 09/22 08/22 07/22 06/22 05/22 04/22 03/22
MLMXX
4.30%  4.04%  3.81%  3.44%  2.77%  2.23%  1.99%  1.35%  0.80%  0.36%  0.04%  0.01% 

Yearly

Fund 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
MLMXX
1.42%  0.01%  0.31%  1.95%  1.60%  0.63%  0.07%  0.00%  0.00%  0.00% 
Portfolio

Asset Allocation

As of  02/28/23

      Maturity Distribution

      As of  02/28/23

      Portfolio composition is subject to change at any time. Maturity distribution reflects the final maturity date except for floating rate securities for which the next reset date is reflected.

      Holdings Report

      Fund Name Total Holdings  As of Historical Daily Holdings
      BNY Mellon Government Money Market Fund
      		 03/24/23

      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.

      Fees & Expenses

      Monthly Expense Ratios (Annualized)

      As of  02/28/23 FEE DESCRIPTION EXPENSE RATIO (%)
      Management Fee 0.15%
      Other Expenses 0.18%
      Total Expenses 0.33%

      Monthly Expense Ratios reflect any voluntary expense limitations that may be terminated at any time without notice by BNY Mellon Investment Adviser, Inc. as well as any contractual expense limitations reflected in the prospectus fee table. Voluntary expense limitations are not contractual and may fluctuate daily. Total Expenses is the total annual operating expense ratio for the fund before any applicable fee waivers or expense reimbursements. If applicable, Net Expenses is the total annual operating expense ratio for the fund after any applicable fee waivers or expense reimbursements.
      This data is annualized. Monthly operating expenses may vary month to month.

      Prospectus Fee Table Expense Ratios

      As of  12/30/22  Fee Description Expense Ratio (%)
      Management Fee 0.15%
      Administration Fee 0.13%
      Other Expenses 0.04%
      Total Expenses 0.32%

      Total Expenses 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. If applicable, Net Expenses 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.

      Literature

      Literature

      Prospectus and Reports

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      Prospectus-Class M Download
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      Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. To obtain a prospectus, or summary prospectus, if available, that contains this and other information about the fund, contact your financial professional or visit dreyfus.com. Read the prospectus carefully before investing.

      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 or temporarily suspend redemptions if the fund's liquidity falls below certain levels, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

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

      ESG evaluation risk applies to all government/treasury money market funds except Dreyfus Government Securities Cash Management, Dreyfus Treasury Securities Cash Management, and Dreyfus Institutional Preferred Treasury Securities Money Market Fund. Where appropriate and as applicable, Dreyfus CIS incorporates environmental, social and governance (ESG) factors into its fundamental credit research process. Dreyfus CIS may not consider ESG ratings or other ESG data or analysis in connection with every investment decision and may determine that other attributes of an investment outweigh ESG considerations when making an investment decision. ESG factors may not be determinative with respect to a given credit analysis or investment decision. Accordingly, a fund may invest in securities of a company/issuer with a negative ESG profile, and a fund may divest or not invest in a company/issuer with a positive ESG profile. In light of the fact that ESG data often lacks standardization, consistency and transparency, such data including ESG ratings for certain issuers/companies may not be available, complete or accurate.

      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.

      As a measure of current income, 7-day yield most closely reflects the fund's current income generating ability. The 7-Day yield is an annualized yield based on the most recent 7 day period. SEC 30-day yield, which is a net yield inclusive of any fee waivers or reimbursements, 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. 7- Day Yield With Waiver may reflect the waiver 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 effective maturity of all of the underlying money market instruments in the fund, weighted to reflect the relative percentage ownership of each instrument. WAM calculations allow for the maturities of certain securities with periodic interest rate resets to be shortened. Generally, for money market funds, WAM can be used primarily as a measure of relative sensitivity to interest rate changes.

      WAL: A measure of the average final maturity of all of the underlying money market instruments in the fund, weighted to reflect the relative percentage ownership of each instrument. Unlike WAM, WAL calculations do not allow maturities to be shortened for periodic interest rate resets. Accordingly, 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, and should not serve as a primary basis for investment decisions. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Please consult a legal, tax or financial professional 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. Dreyfus Cash Investment Strategies is a division of BNY Mellon Investment Adviser, Inc. BNY Mellon Investment Adviser, Inc. and BNY Mellon Securities Corporation are subsidiaries of BNY Mellon. ©2021 BNY Mellon Securities Corporation, distributor, 240 Greenwich Street, 9th Floor, New York, NY 10286.

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

      MIC-272249-2022-05-17