About BYSYX
BNY Mellon Short Term Income Fund Class Y is an open-end mutual fund focused on high-quality, short-duration fixed income. Its stated objective is to maximize total return through a blend of capital appreciation and current income, achieved by investing primarily in investment‑grade bonds from U.S. and foreign issuers, as well as select unrated securities deemed equivalent by the sub-adviser. The portfolio typically concentrates in the short end of the maturity spectrum, seeking to moderate interest-rate sensitivity while providing consistent income distributions. This share class is positioned as a cost‑efficient option within its peer group, offering a fee profile that sits in the lower ranges of the category. In practice, the fund serves as a core short-term bond holding, aiming to complement cash management and enhanced-liquidity strategies for investors seeking stability over a full market cycle. Its design targets diversification across sectors of investment‑grade credit, government, and agency securities, with active management to navigate credit quality, duration, and yield curve dynamics. Nasdaq and fund data providers track performance, pricing, and historical distributions for this class.
Fund Family BNY Mellon
Category Short-Term Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BYSYX
Share Class Class Y
Index ICE BofA US Corp/Govt Bond 1-5 Year TR
BYSYX had a total return of 6.54% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.72%.
