Purpose/focus of the fund
The fund aims to achieve the highest possible current income consistent with preservation of capital.
To achieve its objective, the Fund will typically invest in a diversified portfolio of high quality US dollar-denominated short-term debt securities. The Fund's investments are concentrated in the banking sector, as the Fund typically invests at least 25% of its net assets in US dollar or domestic dollar-denominated debt obligations of foreign banks. The Fund seeks to invest in securities that present minimal credit risk as assessed by BNY Mellon's investment adviser of the issuer's or guarantor's creditworthiness and ability to meet its financial obligations, which may include environmental, social and governance factors. (IS G). Inter alia. The Fund is a money market fund managed in accordance with the requirements of Rule 2A-7 of the Investment Company Act of 1940.
total fund assets
2.415.844.498 $Stand 03.15.23
Share Class Assets
673.421.269 $Stand 03.15.23
end of fiscal year
closing of negotiation
5:00 p.m. Eastern Time
12 roofsStand 03.15.23
38 ceilingsStand 03.15.23
1 day yield
7 day performance with exemption
Return in 7 days without waiver
SEC 30-Day Yield
fund share price
NAV MARKET VALUE
$ 1,0000Stand 03.15.23
The Investment Adviser may contractually agree to waive or refund 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 suspended or modified at any time without notice. Exemptions and voluntary limits may not be included in the prospect's net expense ratio. Returns and total returns shown reflect exemptions or refunds in effect for all or part of the periods shown. When waivers or redemptions apply, the Fund's operating expenses will decrease and the Fund's return and total shareholder return will increase. Without such sacrifices, the returns would have been less. Returns and total returns represent past performance. Past performance does not guarantee future results. Actual performance may be lower or higher than the performance shown above.
Daily net inflow or outflow of the portfolio
Daily/Weekly Net Portfolio Assets
Monthly expense rates (annualized)
|Stand 28.02.23RATE DESCRIPTION||EXPENDITURE RATE (%)|
Monthly expense ratios reflect voluntary expense limits, which are subject to termination by BNY Mellon Investment Adviser, Inc. at any time without notice, and contractual expense limits set forth in the Prospectus Fee Schedule. Voluntary spending limits are not contractual and may vary daily. Total Expense is the annual ratio of the Fund's total operating expenses before any fee waivers or refunds. Net expense, if any, is the proportion of the Fund's total annual operating expenses after any fee waivers or refunds.
These data are annualized. Monthly operating costs may vary from month to month.
Investment Advisor to BNY Mellon, Inc. agrees to limit fund expenses to maintain the 0.01% minimum return floor. Such spending restrictions vary daily and are voluntary and temporary, not contractual, and may be rescinded by BNY Mellon Investment Adviser, Inc.. at any time without prior notice.
Prospectus Table of Commissions Rates of Expenses
|Stand 31.03.22Rate Description||Spending rate (%)|
Total Expense is the annual proportion of the Fund's total operating expenses before any waiver or refund of contractual fees, as set out in the Fee Schedule in the Prospectus. Net Expense, if any, is the total of the Fund's annual operating expense ratios after waivers or refunds of contractual fees, as set forth in the Fee Schedule in the Prospectus.
The Fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed to waive its fees and/or bear the direct costs of the Fund's service fees until at least March 31, 2023, from such that the direct costs of servicing part of the fund (excluding taxes, interest, portfolio transaction costs, loan commitment fees and extraordinary costs) do not exceed 1.00%. To the extent that BNY Mellon Investment Adviser, Inc. is required to forego receiving its management fee or refund common expenses of the Fund, the waiver or redemption amount will apply equally to each Class of Shares in the Fund. Effective March 31, 2023, BNY Mellon Investment Adviser, Inc. may terminate the Spend Limit Agreement at any time.
prospectus and reports
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|Fact Sheet Asset Shares||Descargar|
|Asset Stock Brochure||Descargar|
|Combined Prospectus - Equity Shares||Descargar|
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|Dreyfus Money Market Fund Family Matrix||Descargar|
|WHERE OUR FUNDS CAN BE SOLD||Descargar|
|EFFECTIVE MANAGEMENT OF THE MONEY MARKET FUND'S ASSETS||Descargar|
Investors should carefully consider the investment objectives, risks, charges and expenses of a money market fund before investing. Please contact your financial professional or visit dreyfus.com for a prospectus or prospectus summary, if available, containing this and other information about the Fund. Please read the prospectus carefully before investing.
Tax-Exempt Preferred Institutional Money Market Funds:You can lose money by investing in a money market fund. Because the Fund's share price fluctuates, when you sell your shares, they may be worth more or less than you originally paid for them. The Fund may charge a fee when selling your Shares or temporarily suspend your ability to sell Shares if, due to market conditions or other factors, the Fund's liquidity falls below required minimums. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Sponsor of the Fund is under no legal obligation to provide financial support to the Fund, and you should not expect the Sponsor to provide financial support to the Fund at any time.
The Fund's holdings of short-term asset-backed and corporate securities involve credit and liquidity risks, as well as the risk of loss of principal.
ESG assessment risk. Where appropriate, Dreyfus CIS incorporates environmental, social and governance (ESG) factors into its core credit investigation process. Dreyfus CIS may not take into account ESG ratings or other ESG data or analysis in connection with all investment decisions and may determine that other attributes of an investment outweigh ESG considerations when making an investment decision. ESG factors may not be relevant to a specific 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 or may not dispose of a company/issuer with a positive ESG profile. Because ESG data generally lacks standardization, consistency, and transparency, such data, including ESG ratings for specific issuers/companies, may not be available, complete, or accurate.
Recent market risks include pandemic risks related to COVID-19. The impact of COVID-19 has contributed to increased volatility in global markets and is likely to affect certain countries, companies, industries and market sectors more dramatically than others. To the extent that the Fund may be overweight in its investments in a particular country, company, industry or market sector, such positions increase the Fund's risk of loss due to adverse events affecting that country, company, industry or sector.
As a measure of current income, the 7-day yield better reflects the fund's ability to generate current income. The 7-day yield is an annualized yield based on the last 7-day period. The 30-day ESA, which is a net yield including any fee waivers or refunds, is the dividend yield per share based on net investment income over the past 30 days divided by the maximum issue price per share at the end of the period and annualized. Return of 7 days with waiver may reflect a waiver of a part of the administration tax and/or a refund of the expenses of the estate by BNY Mellon Investment Adviser, Inc., or that would result in the reduction of the index of expenses of the estate and in a return higher.
WAM – A measure of the average effective maturity of all underlying money market instruments in the fund, weighted to reflect the relative percentage ownership of each instrument. WAM calculations allow the maturities of some bonds to be shortened with periodic interest rate adjustments. In general, for money market funds, the WAM can be used primarily as a measure of sensitivity relative to changes in interest rates.
WAL – A measure of the average final maturity of all underlying money market instruments in the fund, weighted to reflect the relative percentage ownership of each instrument. Unlike WAM, WAL calculations do not allow shortening periods for periodic interest rate adjustments. Consequently, WAL is generally larger than WAM.
The daily dividend factor is a decimal representation of the yield earned in one day.
The cumulative dividend factor is the decimal representation of the daily factors added in anticipation of the monthly dividend payment.
This material has been distributed for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment, strategy, investment manager or account design and should not be relied upon as a basis for investment decisions. The information contained in this document was obtained from sources believed to be reliable, but is not guaranteed. Consult with a legal, tax or financial professional to determine if an investment product or service is appropriate for a specific situation. No part of this material may be reproduced in any form or mentioned 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.
It is not FDIC insured. It is not guaranteed by the bank. It may lose value.