Please ensure Javascript is enabled for purposes of website accessibility

Dreyfus Cash Management

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.

To pursue its goal, the fund normally invests in a diversified portfolio of high-quality, short-term, US-dollar-denominated debt securities. The fund's investments are concentrated in the banking industry, because the fund normally invests at least 25% of its net assets in domestic or dollar-denominated foreign bank obligations. 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 money market fund managed to meet the requirements of Rule 2A-7 under the Investment Company Act of 1940.
Total Fund Assets
$6,418,189,023  As of  09/22/23
Share Class Assets
$3,420,421,973  As of  09/22/23
Inception Date
05/04/21
Fiscal Year End
Jan 31
Trade Deadline
9 AM ET 12 PM ET 3 PM ET
WAM
8 Days  As of  09/22/23
WAL
14 Days  As of  09/22/23
Holdings
47 As of  08/31/23
Min Investment
$500,000,000
1-Day Yield
5.36% As of  09/22/23
7-Day Yield With Waiver
5.36% As of  09/22/23
7-Day Yield Without Waiver
5.35% As of  09/22/23
30-Day Yield
5.34% As of  09/22/23
Dividend Factor
0.000440609 As of  09/22/23
Fund Share Price
$1.0009
Fund Share Price
$1.0009
Fund Share Price
$1.0009
MARKET VALUE NAV
$1.0009 As of 09/22/23
Class Status
Open

The investment adviser may contractually agree to waive or reimburse certain fees and expenses until a specified date. The investment adviser may also voluntarily waive certain fees and expenses, and such voluntary waivers may be discontinued or modified at any time without notice. Voluntary waiver and caps may not be included in the prospectus net expense ratio. The yields and total returns shown reflects any waivers or reimbursements that were in effect for all or a portion of the periods shown. When waivers or reimbursements are in place, the Fund's operating expenses are reduced and the Fund's yield and total returns to the shareholder are increased. Without such waivers, returns would have been lower. The yields and total returns represent past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance quoted above.

Leading Agency Rating and Other Designations

  • AAAm
    S&P
  • Aaa-mf
    Moody's
  • AAAmmf
    Fitch, Inc
Fund ratings are statements of opinion, not statements of fact or recommendations to buy, sell or hold the shares of a fund. All funds are formally assessed on an annual basis with each of the Dreyfus money market fund ratings affirmed in 2022. However, the funds are subject to ongoing surveillance and the rating agencies may revise the fund rating or outlook at any time.  Standard & Poor's (S&P) believes that, with a Principal Stability Rating of AAAm, the fund has an extremely strong capacity to maintain principal and stability and to limit exposure to principal losses due to credit, market, and/or liquidity risks.  For more information on rating methodology visit www.standardandpoors.com.  Moody's Investors Service rates money market mutual funds 'Aaa-mf' if, in Moody's opinion, a fund has a very strong ability to meet the dual objectives of providing liquidity and preserving capital. This rating, which is derived from a combination of Moody's assessment of a fund's Portfolio Credit Profile, Portfolio Stability Profile, and other qualitative factors, is not intended to consider prospective performance of a fund. For more information on rating methodology visit www.moodys.com.  Fitch's Money Market Fund Rating of AAAmmf denotes Fitch's opinion that the fund has an extremely strong capacity to achieve its investment management objective of preserving principal and providing shareholder liquidity through limiting credit, market, and liquidity risk. Fitch's rating does not opine on any quality other than the fund's ability to maintain a stable net asset value. For more information on rating methodology visit www.fitchratings.com.  

Portfolio Daily Net Inflow or Outflow

As of  09/21/23
  Start Date End Date  
$61,966,725 

Portfolio Daily/Weekly Liquid Assets

As of  09/22/23
Daily Weekly Start Date End Date  
84.81% 84.81%

As of 08/31/23  Fund 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Cash Management
DCEXX
4.46% - - - 2.13% 05/04/21
As of  06/30/23  Fund 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Cash Management
DCEXX
3.92% - - - 1.88% 05/04/21
08/31/23  Fund 1 MO 3 MO 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Cash Management
DCEXX
0.45% 1.31% 4.46% - - - 5.04% 05/04/21
As of  06/30/23  Fund 1 MO 3 MO 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Cash Management
DCEXX
0.42% 1.25% 3.92% - - - 4.11% 05/04/21

YTD Returns

As of  09/22/23 As of  08/31/23 As of  06/30/23
3.65% 3.29% 2.37%

The investment adviser may contractually agree to waive or reimburse certain fees and expenses until a specified date. The investment adviser may also voluntarily waive certain fees and expenses, and such voluntary waivers may be discontinued or modified at any time without notice. Voluntary waiver and caps may not be included in the prospectus net expense ratio. The yields and total returns shown reflects any waivers or reimbursements that were in effect for all or a portion of the periods shown. When waivers or reimbursements are in place, the Fund's operating expenses are reduced and the Fund's yield and total returns to the shareholder are increased. Without such waivers, returns would have been lower. The yields and total returns represent past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance quoted above.

Fund 08/23 07/23 06/23 05/23 04/23 03/23 02/23 01/23 12/22 11/22 10/22 09/22
DCEXX
5.33%  5.13%  5.08%  5.05%  4.81%  4.62%  4.55%  4.33%  4.13%  3.79%  3.05%  2.51% 

Investment return 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.

Fund 2022
DCEXX
1.68% 

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


Asset Allocation

As of  08/31/23

      Maturity Distribution

      As of  08/31/23

      Portfolio composition is subject to change at any time. Data reflects days until final maturity for individual portfolio securities.

      Holdings Report

      Fund Name Total Holdings  As of Historical Daily Holdings
      Dreyfus Cash Management
      09/22/23

      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  08/31/23 FEE DESCRIPTION EXPENSE RATIO (%)
      Management Fee 0.10%
      Other Expenses 0.01%
      Total Expenses 0.11%
      Expenses Reimbursed 0.01%
      Net Expenses 0.10%

      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.

      BNY Mellon Investment Adviser, Inc. has undertaken to limit Fund expenses to maintain the minimum yield floor limit: 0.01%. Such expense limitations may fluctuate daily, and are voluntary and temporary, not contractual, and may be terminated by BNY Mellon Investment Adviser, Inc. at any time without notice.

      Prospectus Fee Table Expense Ratios

      As of  06/01/23  Fee Description Expense Ratio (%)
      Management Fee 0.10%
      Other Expenses 0.01%
      Total Expenses 0.11%
      Expenses Reimbursed 0.01%
      Net Expenses 0.10%

      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.

      The fund's investment adviser, BNY Mellon Investment Adviser, Inc. has contractually agreed to waive receipt of its fees and/or assume the direct expenses of the fund's Preferred shares until June 1, 2024, so that the direct expenses of Preferred shares (excluding taxes, brokerage commissions and extraordinary expenses) do not exceed .10%. To the extent that it is necessary for BNY Mellon Investment Adviser, Inc. to waive receipt of its management fee or reimburse the fund's common expenses, the amount of the waiver or reimbursement will be applied equally to each share class of the fund. On or after June 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.


      Literature

      Prospectus and Reports

      • Download
      • Share
      • Subscribe
      • Order
      Factsheet-Preferred Shares Download
      Prospectus-Preferred Shares Download
      Summary Prospectus-Preferred Shares Download
      SAI Download
      Annual Report Download
      Semi Annual Report Download

      MARKETING MATERIALS

      • Download
      • Share
      • Subscribe
      • Order
      Dreyfus Cash Management Funds Matrix Download
      WHERE OUR FUNDS CAN BE SOLD Download
      EFFECTIVELY MANAGING MONEY MARKET FUND ASSETS Download
      STRENGTH OF THE LION Download

      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.

      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 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.

      ESG evaluation risk. Where appropriate and as applicable, Dreyfus incorporates environmental, social and governance (ESG) factors into its fundamental credit research process. Dreyfus  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.

      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. 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.
       

      Dreyfus provides institutional investors and intermediaries with a variety of domestic and offshore money funds and short duration separate account strategies. Dreyfus is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation. Securities are offered by BNY Mellon Securities Corporation (BNYMSC), a registered broker-dealer and affiliate of MIC. Certain offshore products are not available to US investors and are distributed by BNY Mellon entities licensed in the relevant jurisdictions.

      The information provided on this site is for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circumstances. This information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorized.


      MIC-272249-2022-05-17