BYMMX

About BYMMX

BNY Mellon Corporate Bond Fund Class M Shares is a fixed income mutual fund with a primary objective of achieving total return through capital appreciation and current income. It is structured to invest mainly in U.S. dollar-denominated, investment-grade corporate bonds, allocating at least 80% of its net assets to this segment. The fund is actively managed to maintain a medium credit quality and moderate interest rate sensitivity, with an effective duration around 4.7 years. Its diversified portfolio includes bonds issued by major U.S. and international corporations from sectors such as banking, finance, and transportation, alongside smaller allocations to municipal and securitized debt. This approach provides exposure to credit risk and yield opportunities from the corporate debt market, while maintaining a disciplined risk profile. The fund is designed to serve investors seeking regular income and diversification away from government securities, and it reflects the expertise of BNY Mellon’s asset management team. Its size, current yield, and distribution model position it as a notable participant within the corporate bond mutual fund category.