DCPYX

About DCPYX

BNY Mellon Core Plus Fund Class Y is an actively managed mutual fund in the intermediate core-plus bond category. Its principal objective is to achieve a high total return consistent with the preservation of capital. The fund primarily invests in a diversified portfolio of fixed-income securities, including bonds issued by both U.S. and foreign entities, which gives it exposure to domestic and international interest rate environments. It incorporates a range of investment-grade and, to a lesser extent, non-investment-grade securities, as the "core-plus" approach allows for measured allocations beyond traditional core bonds. The fund is geared for institutional investors, requiring a high minimum investment and offering a competitive expense ratio relative to peers. Portfolio duration typically ranges from three to eight years, targeting a balance between income generation and interest rate risk. BNY Mellon Core Plus Fund Class Y distributes income monthly and is notable for its risk-managed approach and broad sector diversification within the fixed income universe, making it significant for investors seeking to enhance yield and diversify fixed income exposures within their asset allocation strategies.