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    BNY Mellon Bond Market Index Fund

    Overview

    Why invest in this Fund?

    The fund seeks to match the total return of the Bloomberg U.S. Aggregate Bond Index (the "Index"). Accordingly, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds that are included in the Index. To maintain liquidity, the fund may invest up to 20% of its assets in various short-term, fixed-income securities and money market instruments. The fund's investments are selected by a "sampling" process, a statistical process used to select bonds.
    Min. Class Investment
    $2,500
    Class Inception Date
    04/28/94
    Fund Assets
    $494,566,477  As of  08/25/25
    Class Assets
    $159,096,585  As of  08/25/25
    Portfolio Turnover Rate
    169.29% As of fiscal year end  10/31/24
    Morningstar Category
    Intermediate Core Bond
    Benchmark
    Bloomberg U.S. Aggregate Bond Index
    Fund Holdings
    2590 As of 07/31/25
    AVERAGE EFFECTIVE MATURITY
    8.17 yr(s).  As of  07/31/25
    AVERAGE EFFECTIVE DURATION
    5.84 yr(s).   As of  07/31/25

    Yields and Expense Ratio

    30-DAY SEC YIELD
    as of 08/25/25     		ANNUALIZED
    DISTRIBUTION RATE
    as of 07/31/25     		PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of 02/28/25
    Subsidized Unsubsidized Net Gross Contractual
    Fee Waiver End Date
    3.76 3.76 3.58 0.40 0.41 -

    Yield fluctuates and past performance is no guarantee of future results.

    The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.

    Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.

     

     

    Portfolio Turnover Rate - It is a measure of how quickly securities in a fund are either bought or sold by the fund's managers, over a given period of time.

    Average Effective Maturity (AEM) - is a measure of maturity that takes into account the possibility that a bond might be called back by the issuer. For a portfolio of bonds, average effective maturity is the weighted average of the maturities of the underlying bonds.

    Average Effective Duration - It is used to measure the market price sensitivity of the fund’s portfolio holdings to changes in interest-rates. Duration is not a complete measure of bond risk and may not be successful.

    Portfolio Managers

    • Gregg A. Lee

      Gregg A. Lee, CFA

      Portfolio Manager, Mellon Investments Corporation

      Managing Fund Since 2021

      Joined Firm in 1989

      Joined Industry in 1989
    • Marlene Walker Smith

      Marlene Walker Smith

      Portfolio Manager, Mellon Investments Corporation

      Managing Fund Since June 2025

      Joined Firm in 1995

      Joined Industry in 1990
    Performance

    Total Returns

    Month End

    Average Annual
    As of 07/31/25
    Name 3 MO
    07/31/25     		YTD
    07/31/25     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Bond Market Index Fund
    DBMIX
    		0.46 3.46 2.91 1.21 -1.51 1.23 4.00
    Bloomberg U.S. Aggregate Bond Index
    		0.54 3.75 3.38 1.64 -1.07 1.66 -

    Quarter End

    Average Annual
    As of 06/30/25
    Name 3 MO
    06/30/25     		YTD
    06/30/25     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Bond Market Index Fund
    DBMIX
    		1.12 3.72 5.57 2.11 -1.18 1.31 4.02
    Bloomberg U.S. Aggregate Bond Index
    		1.21 4.02 6.08 2.55 -0.73 1.76 -

    The performance data quotes represents past performance, which is no guarantee of future results. Yield, share price and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Click above for month-end returns.

    The Bloomberg U.S. Aggregate Total Return Index is designed to measure the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, mortgage-backed pass-through securities (agency fixed-rate), commercial mortgage-backed securities (agency and non-agency) and other asset-backed securities having at least one year until final maturity. To be included in the index, securities must be rated investment grade (Baa3/BBB-/BBB- or higher) using the middle rating of Moody’s, S&P and Fitch. Investors cannot invest directly in an index.

     

    When applicable, returns reflect a contractual expense reduction, without which returns would have been lower. Please see contractual expense reduction information, if any, in the Prospectus Fee Table below.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical Performance

       

      Past performance is no guarantee of future results.

      Monthly

      Yearly

      Fees & Expenses

      Prospectus Fee Table Expense Ratios

      As of  02/28/25 Fee Description Expense Ratio (%)
      Management Fee 0.15%
      12B-1 Fee 0.25%
      Other Expenses 0.01%
      Total Expenses 0.41%
      Expenses Reimbursed 0.01%
      Net Expenses 0.40%
      Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
      The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has agreed in its investment management agreement with the fund to: (1) pay all of the fund's expenses, except management fees, Rule 12b-1 fees and certain other expenses, including the fees and expenses of the non-interested board members and their counsel, and (2) reduce its fees pursant to the investment management agreement in an amount equal to the fund's allocable portion of the fees and expenses of the non-interested board members and their counsel (in the amount of .01% for the past fiscal year). These provisions in the investment management agreement may not be amended without the approval of the fund's shareholders.
      Portfolio

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYIA). Marlene Walker Smith and Gregg Lee, CFA are the fund's primary portfolio managers, positions they have held since June 2025 and October 2021, respectively. Ms. Walker Smith is a Senior Director and Chief Investment Officer at Mellon Investments Corporation (MIC), an affiliate of BNYIA. Mr. Lee is a senior vice president and senior portfolio manager at MIC. Ms. Walker Smith and Mr. Lee also are employees of BNYIA.

      Top Holdings

      Download Total Holdings
      As of 07/31/25

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 08/25/25 Name NAV Change 09/16/24  12 Month 
          High Nav           		01/13/25  12 Month 
          Low Nav           		YTD Return
          DBMIX
          		$9.05
          -$0.01
          -0.11%
          		$9.32 $8.76 4.51%

          Past performance is no guarantee of future results.

          Main Risks

          Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
          The fund uses an indexing strategy. It does not attempt to manage market volatility, use defensive strategies or reduce the effects of any long-term periods of poor stock performance.

          Risk Metrics

          As of  07/31/25  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DBMIX
          		7.15 -0.44 0.99 99.80 -0.48

          All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is Bloomberg U.S. Aggregate Bond Index.


          Alpha - Alpha is a measure of a security's or portfolio's excess return.

          Beta - Beta is a measure of a security’s or portfolio’s volatility, or systematic risk.

          R-Squared - R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

          Sharpe Ratio - Sharpe ratio is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.

          Standard Deviation - Standard deviation is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.

          Distributions

          Dividend Schedule

          Declared
          Daily
          Distributed
          Monthly
          Paid
          Monthly
          Fiscal Year End
          Oct 31
          Month/Year Dividend ($)
          07/2025 0.027299881
          06/2025 0.025740883
          05/2025 0.028144189
          04/2025 0.026503789
          03/2025 0.025351992
          02/2025 0.024841872
          01/2025 0.027602567
          12/2024 0.026750242
          11/2024 0.026763282
          10/2024 0.026585521
          09/2024 0.024210488
          08/2024 0.028171752

          Distributions History

          Record Date Ex-Dividend Date Payable Date Ordinary 
          Non-Qualified 
          Dividends           		Qualified 
          Dividends           		Non-Qualified 
          Short-Term 
          Capital Gain           		Qualified 
          Short-Term 
          Capital Gain           		Long-Term 
          Capital Gain           		Total 
          Distribution
          12/11/24 12/12/24 12/12/24 0.0000 0.0000 0.0009 0.0000 0.0000 0.0009
          Record Date Ex-Dividend Date Payable Date Ordinary 
          Non-Qualified 
          Dividends           		Qualified 
          Dividends           		Non-Qualified 
          Short-Term 
          Capital Gain           		Qualified 
          Short-Term 
          Capital Gain           		Long-Term 
          Capital Gain           		Total 
          Distribution
          12/14/21 12/15/21 12/15/21 0.0000 0.0000 0.0039 0.0000 0.0915 0.0954
          12/14/20 12/15/20 12/15/20 0.0000 0.0000 0.0000 0.0000 0.0444 0.0444
          12/17/18 12/18/18 12/18/18 0.0000 0.0000 0.0031 0.0000 0.0000 0.0031
          12/19/17 12/20/17 12/20/17 0.0000 0.0000 0.0061 0.0000 0.0000 0.0061
          12/19/16 12/20/16 12/20/16 0.0000 0.0000 0.0292 0.0000 0.0210 0.0502
          12/18/15 12/21/15 12/21/15 0.0000 0.0000 0.0422 0.0000 0.0069 0.0491
          12/19/14 12/22/14 12/22/14 0.0000 0.0000 0.0336 0.0000 0.0502 0.0838
          12/19/13 12/20/13 12/20/13 0.0000 0.0000 0.0050 0.0000 0.1373 0.1423
          12/20/12 12/21/12 12/21/12 0.0000 0.0000 0.0000 0.0000 0.0250 0.0250
          12/16/04 12/17/04 12/17/04 0.0000 0.0000 0.0000 0.0000 0.0127 0.0127
          12/18/03 12/19/03 12/19/03 0.0000 0.0000 0.0000 0.0000 0.0469 0.0469
          11/30/98 12/01/98 12/01/98 0.0000 0.0000 0.0175 0.0000 0.0000 0.0700
          11/26/97 11/28/97 11/28/97 0.0000 0.0000 0.0270 0.0000 0.0000 0.0520
          See all rows...
          Literature

          Literature

          Factsheet, Prospectus and Reports

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          Semi Annual Financials and Other Information Download
          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download

          Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

          This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

          Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.

           

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