DSTIX

About DSTIX

BNY Mellon Short Term Income Fund Class D is an open-end mutual fund focused on short-duration fixed income. Its primary objective is to maximize total return through a combination of capital appreciation and current income, investing mainly in investment-grade bonds and comparable unrated securities while maintaining limited interest rate sensitivity typical of short-term bond strategies. The portfolio spans U.S. Treasuries, securitized credit such as asset-backed securities, high-quality corporates, and derivatives for duration and currency management, with hundreds of holdings and a modest concentration in the top positions. The fund targets a conservative risk profile, reflected in its category placement as Short-Term Bond and an effective duration of about 2.4 years, positioning it for lower volatility relative to intermediate- and long-term bond funds. It offers a no-load share class with a competitive expense profile for its distribution tier and provides ongoing income via regular distributions. Within the fixed-income market, BNY Mellon Short Term Income Fund Class D serves investors seeking capital preservation, liquidity, and diversified short-maturity exposure across government and high-quality credit sectors.