BNY Mellon Corporate Bond M (BYMMX)
| Fund Assets | 415.80M |
| Expense Ratio | 0.58% |
| Min. Investment | $10,000 |
| Turnover | 24.27% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 4.14% |
| Dividend Growth | 8.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 12.60 |
| YTD Return | 5.76% |
| 1-Year Return | 4.19% |
| 5-Year Return | 10.29% |
| 52-Week Low | 11.96 |
| 52-Week High | 12.61 |
| Beta (5Y) | n/a |
| Holdings | 146 |
| Inception Date | Mar 2, 2012 |
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.
Performance
BYMMX had a total return of 4.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.42%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BYMIX | Investor Shares | 0.83% |
Top 10 Holdings
12.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Instl Preferred Gov Plus MMkt | n/a | 2.87% |
| United Air Lines, Inc. 3.1% | UAL.3.1 10.07.28 A | 1.25% |
| M&T Bank Corporation 7.304% | n/a | 1.23% |
| Citizens Financial Group Inc 3.75% | n/a | 1.20% |
| Nordea Bank ABP 6.625% | NDAFH.V6.625 PERP 144A | 0.98% |
| Deutsche Bank AG New York Branch 4.875% | DB.V4.875 12.01.32 | 0.97% |
| Bank of Nova Scotia 7.22988% | BNS.V0 PERP | 0.97% |
| HSBC Holdings PLC 7.399% | HSBC.V7.399 11.13.34 | 0.96% |
| Santander Holdings USA Inc. 7.66% | SANUSA.V7.66 11.09.31 | 0.96% |
| DETROIT MICH 4% | MI.DET 04.01.2044 | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.043 | Aug 29, 2025 |
| Jul 31, 2025 | $0.042 | Jul 31, 2025 |
| Jun 30, 2025 | $0.040 | Jun 30, 2025 |
| May 30, 2025 | $0.040 | May 30, 2025 |
| Apr 30, 2025 | $0.040 | Apr 30, 2025 |
| Mar 31, 2025 | $0.040 | Mar 31, 2025 |