MPIBX

About MPIBX

BNY Mellon Intermediate Bond Fund Class M is an actively managed mutual fund focused on generating total return through a blend of capital appreciation and current income. The strategy centers on U.S. dollar–denominated, investment‑grade bonds, with at least 80% of assets typically allocated to fixed-income securities rated investment grade at purchase, positioning the portfolio in the core intermediate segment of the bond market. The fund targets an average effective maturity between roughly three and ten years, seeking to balance interest rate sensitivity with income potential across government, agency, mortgage-backed, and high-quality corporate issuers. It distributes income on a monthly schedule, reflecting its emphasis on steady coupon flows from diversified, high-quality holdings. Established in 2000, the fund provides investors with exposure to the intermediate portion of the yield curve, a role often used to anchor multi-asset and fixed-income allocations by dampening volatility compared with long-duration bonds while offering higher income than short-term instruments. Key characteristics typically include a sizable, diversified holdings base and a competitive expense profile for an active intermediate bond mandate.