BNY Mellon Short Term Income Fund Class D

Frequently Asked Questions About DSTIX

What does DSTIX invest in?

This fund's primary objective is to achieve the greatest possible overall return, generated from both the growth in its capital value and a consistent stream of income. To meet this goal, it typically allocates a minimum of 80% of its net assets, including any funds borrowed for investment, to debt securities. These fixed-income instruments originate from both domestic and international issuers and must hold an investment-grade credit rating or be considered of comparable quality by the advisor if unrated. While the portfolio's main emphasis is on U.S. securities, it retains the flexibility to invest up to 30% of its total assets in fixed-income securities from foreign sources, such as non-U.S. companies or sovereign governments. It is important to note that this fund is categorized as non-diversified.

What is the expense ratio of DSTIX?

BNY Mellon Short Term Income Fund Class D (DSTIX) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

What is DSTIX's dividend yield?

DSTIX's trailing-twelve-month yield is 4.72%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DSTIX?

Effective duration measures DSTIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DSTIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of DSTIX?

DSTIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of DSTIX?

Yield to maturity (YTM) is the total return you'd earn from DSTIX if every bond in the portfolio is held to maturity at the current price. DSTIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.