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Trending ETFs

BNY Mellon Short Term Income Fund

mutual fund
DSTIX
Payout Change
Pending
Price as of:
$9.75 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
DSTIX (Mutual Fund)

BNY Mellon Short Term Income Fund

Payout Change
Pending
Price as of:
$9.75 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration
DSTIX (Mutual Fund)

BNY Mellon Short Term Income Fund

Payout Change
Pending
Price as of:
$9.75 +0.0 +0.0%
primary theme
U.S. Short-Term Bond Duration

Name

As of 12/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.75

$102 M

4.74%

$0.46

0.91%

Vitals

YTD Return

5.4%

1 yr return

6.9%

3 Yr Avg Return

1.8%

5 Yr Avg Return

2.0%

Net Assets

$102 M

Holdings in Top 10

43.8%

52 WEEK LOW AND HIGH

$9.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.91%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 127.20%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/10/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.75

$102 M

4.74%

$0.46

0.91%

DSTIX - Profile

Distributions

  • YTD Total Return 5.4%
  • 3 Yr Annualized Total Return 1.8%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.53%
DIVIDENDS
  • Dividend Yield 4.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon Short Term Income Fund
  • Fund Family Name
    Dreyfus
  • Inception Date
    May 06, 2022
  • Shares Outstanding
    N/A
  • Share Class
    D
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Bowser

Fund Description

To pursue its goal, the fund normally invests principally in fixed-income securities of U.S. and foreign issuers. These securities include: U.S. government bonds and notes, corporate bonds, municipal securities (limited to up to 25% of the fund's net assets), convertible securities, preferred stocks, inflation-indexed securities, asset-backed securities, mortgage-related securities (including CMOs), floating rate loans (limited to up to 20% of the fund's net assets) and other floating rate securities and foreign bonds. Typically, the fund's portfolio can be expected to have a dollar-weighted average maturity and an average effective duration of three years or less. The maturity of a security is generally the period remaining until the principal amount must be paid, or in the case of a security called for redemption, the date on which the redemption payment must be made. Dollar-weighted average portfolio maturity is an average of the final maturities of the fixed-income securities held by the fund, based on their dollar-weighted proportions in the fund. Duration is an indication of an investment's "interest rate risk," or how sensitive a fixed-income security or the fund's portfolio may be to changes in interest rates.

The fund invests primarily in fixed-income securities rated, at the time of purchase, investment grade or the unrated equivalent as determined by the fund's sub-adviser. For additional yield, the fund may invest up to 35% of its net assets in fixed-income securities rated, at the time of purchase, below investment grade ("high yield" or "junk" bonds) to as low as Caa/CCC or the unrated equivalent as determined by the fund's sub-adviser. The fund focuses on U.S. securities, but may invest up to 30% of its total assets in fixed-income securities of foreign issuers (i.e., securities issued by companies organized under the laws of countries other than the U.S. or securities issued by foreign governments), including those securities denominated in foreign currencies and of issuers in emerging markets.

The fund may use derivative instruments as a substitute for investing directly in an underlying asset, to increase returns, to manage interest rate risk, to manage the effective duration or maturity of the fund's portfolio, or as part of a hedging strategy. The derivative instruments in which the fund may invest include typically options, futures and options on futures (including those relating to securities, foreign currencies, indices and interest rates), forward contracts and swaps (including interest rate and credit default swaps).

In constructing the fund's portfolio, the sub-adviser buys and sells fixed-income securities based on credit quality, financial outlook and yield potential. The fund may sell securities when the sub-adviser anticipates market declines or credit downgrades. In addition, the fund may sell securities when the sub-adviser identifies new investment opportunities.

The fund does not have any limitations regarding portfolio turnover and, at times, the fund may engage in active and frequent trading, which will increase portfolio turnover.

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DSTIX - Performance

Return Ranking - Trailing

Period DSTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.4% 0.9% 19.9% 39.54%
1 Yr 6.9% 2.4% 21.5% 29.56%
3 Yr 1.8%* -5.0% 6.1% 49.42%
5 Yr 2.0%* -3.8% 5.8% 43.83%
10 Yr 1.6%* -18.5% 170.6% 65.04%

* Annualized

Return Ranking - Calendar

Period DSTIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.3% -1.6% 7.6% 35.38%
2022 -7.5% -17.7% -2.6% 61.64%
2021 -2.2% -4.0% 4.4% 77.26%
2020 2.5% -7.1% 7.6% 32.72%
2019 2.4% -2.3% 9.3% 30.00%

Total Return Ranking - Trailing

Period DSTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.4% 0.9% 19.9% 39.54%
1 Yr 6.9% 2.4% 21.5% 29.56%
3 Yr 1.8%* -5.0% 6.1% 49.42%
5 Yr 2.0%* -3.8% 5.8% 43.83%
10 Yr 1.6%* -18.5% 170.6% 65.04%

* Annualized

Total Return Ranking - Calendar

Period DSTIX Return Category Return Low Category Return High Rank in Category (%)
2023 6.2% 1.8% 15.2% 30.58%
2022 -5.4% -17.3% -1.3% 61.06%
2021 -0.2% -2.7% 7.7% 55.94%
2020 5.2% -2.4% 14.5% 25.51%
2019 4.8% 0.6% 12.6% 43.40%

NAV & Total Return History


DSTIX - Holdings

Concentration Analysis

DSTIX Category Low Category High DSTIX % Rank
Net Assets 102 M 14.5 K 57.3 B 90.04%
Number of Holdings 315 2 8314 66.28%
Net Assets in Top 10 41.9 M 1.05 M 6.81 B 84.48%
Weighting of Top 10 43.81% 2.0% 108.1% 17.05%

Top 10 Holdings

  1. US 2YR NOTE (CBT) SEP24 15.67%
  2. US 5YR NOTE (CBT) SEP24 13.31%
  3. DREYFUS INSTITUTIONAL PREFERRED PL 4.75%
  4. Dreyfus Institutional Preferred Government Plus Money Market Fund 3.58%
  5. CAPITAL ONE FINANCIAL CORP 1.54%
  6. NEW ECONOMY ASSETS PHASE 1 SPONSOR LLC 1.07%
  7. SEALED AIR CORP 1.04%
  8. PENFED AUTO RECEIVABLES OWNER TRUST 2022-A 1.03%
  9. PETROLEOS MEXICANOS 1.03%
  10. CITIZENS BANK NA/PROVIDENCE RI 0.78%

Asset Allocation

Weighting Return Low Return High DSTIX % Rank
Bonds
95.96% 0.00% 131.65% 21.65%
Other
25.70% -0.97% 73.75% 11.49%
Cash
3.58% -20.59% 68.64% 38.51%
Convertible Bonds
2.25% 0.00% 27.71% 50.86%
Stocks
0.00% 0.00% 99.96% 67.82%
Preferred Stocks
0.00% 0.00% 24.12% 65.13%

Bond Sector Breakdown

Weighting Return Low Return High DSTIX % Rank
Securitized
35.27% 0.00% 97.27% 27.26%
Corporate
29.48% 0.00% 99.82% 68.71%
Government
25.84% 0.00% 73.63% 35.70%
Derivative
25.70% -0.72% 25.70% 0.77%
Cash & Equivalents
3.58% 0.00% 68.64% 35.25%
Municipal
0.43% 0.00% 14.41% 17.85%

Bond Geographic Breakdown

Weighting Return Low Return High DSTIX % Rank
US
94.01% 0.00% 126.86% 22.61%
Non US
1.95% 0.00% 87.70% 9.96%

DSTIX - Expenses

Operational Fees

DSTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.91% 0.01% 3.29% 29.81%
Management Fee 0.30% 0.00% 1.19% 44.83%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.41% N/A

Sales Fees

DSTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

DSTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DSTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 127.20% 2.00% 500.00% 72.29%

DSTIX - Distributions

Dividend Yield Analysis

DSTIX Category Low Category High DSTIX % Rank
Dividend Yield 4.74% 0.00% 11.11% 54.02%

Dividend Distribution Analysis

DSTIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

DSTIX Category Low Category High DSTIX % Rank
Net Income Ratio 1.53% -1.27% 4.98% 28.46%

Capital Gain Distribution Analysis

DSTIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

DSTIX - Fund Manager Analysis

Managers

David Bowser


Start Date

Tenure

Tenure Rank

Jul 31, 2008

13.84

13.8%

David R. Bowser, CFA Director, Senior Portfolio Manager David is a senior portfolio manager for the Global Multi-Sector team. He is responsible for managing multi-sector Core and Core Plus portfolios. David was previously a US select credit portfolio manager and investment-grade credit sector strategist. His previous portfolio management responsibilities involved managing custom investment grade and high yield credit portfolios. Prior to joining the firm in 2000, David spent seven years as an investment grade and high yield credit analyst at Loomis, Sayles & Company, L.P. David has been in the investment industry since 1987. David obtained an MBA from Boston University and a BA from Rollins College. He holds the CFA® designation and is a member of the CFA Institute.

Scott Zaleski


Start Date

Tenure

Tenure Rank

Jul 24, 2019

2.85

2.9%

Scott Zaleski, CFA, Director, Senior Portfolio Manager for the Global Multi-Sector fixed income team. His responsibilities include management of non-US, global and unconstrained fixed income strategies. Previously at the firm, he served as a client portfolio manager for global multi-sector products. Prior to joining the firm in 2014, Scott worked at the Flatley Company where he was a senior portfolio manager responsible for managing the fixed income absolute return strategy. Additional experience includes positions at Wellington Management Company as a fixed income portfolio manager and credit analyst focused on corporate credit and structured products and investment management responsibilities at Putnam and Fidelity. Scott has been in the investment industry since 1990. Scott earned an MS in finance from Boston College and a BS from Skidmore College. He holds the CFA® designation and is a member of the CFA Institute.

Gautam Khanna


Start Date

Tenure

Tenure Rank

May 06, 2022

0.07

0.1%

Gautam joined Insight's Fixed Income Group as a senior portfolio manager in 2003. Gautam leads the management of Insight's flagship US core, core plus and high yield strategies. Prior to Cutwater, Gautam was a member of the high yield team at Times Square Capital Management, where he focused on credit management for CBOs as well as high yield total return accounts. Gautam is a member of the New York Society of Security Analysts. He holds a BS (Hons) from the Rochester Institute of Technology and an MBA degree (with distinction) from Cornell University. He is also a CFA charterholder and is a Certified Public Accountant (CPA).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.16 2.41