BNY Mellon Bond Market Index I (DBIRX)
| Fund Assets | 488.77M |
| Expense Ratio | 0.15% |
| Min. Investment | $1,000 |
| Turnover | 169.29% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.73% |
| Dividend Growth | 4.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.07 |
| YTD Return | 3.23% |
| 1-Year Return | 0.14% |
| 5-Year Return | -7.55% |
| 52-Week Low | 8.76 |
| 52-Week High | 9.32 |
| Beta (5Y) | 0.24 |
| Holdings | 2602 |
| Inception Date | Nov 30, 1993 |
About DBIRX
BNY Mellon Bond Market Index Fund – Class I is an institutional mutual fund designed to track the performance of the Bloomberg U.S. Aggregate Bond Index, a broad benchmark covering investment-grade U.S. fixed income securities. By investing at least 80% of its assets in bonds included in this index, the fund offers a diversified portfolio of U.S. government, corporate, and securitized debts across various maturities. This approach aims to provide investors with exposure to the core U.S. bond market, making the fund a common choice for institutions or individuals seeking broad, low-cost access to high-quality fixed income assets. The fund is passively managed, with an emphasis on low expenses—its expense ratio is notably below industry averages. BNY Mellon Bond Market Index Fund – Class I distributes income monthly and capital gains annually, catering to those seeking consistent income from bond investments. Its holdings demonstrate a strong allocation to domestic bonds, with a modest stake in foreign securities. As a diversified fixed income solution, the fund plays a foundational role in portfolio construction for investors emphasizing stability, liquidity, and income generation in their fixed income allocations.
Performance
DBIRX had a total return of 0.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.95%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| DBMIX | Investor Shares | 0.40% |
Top 10 Holdings
10.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Instl Preferred Gov Plus MMkt | n/a | 4.05% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 8.11 | 1.30% |
| Federal National Mortgage Association 6% | FNCL.6 8.11 | 1.21% |
| Federal National Mortgage Association 5% | FNCL.5 8.11 | 0.83% |
| Federal National Mortgage Association 6.5% | FNCL.6.5 8.11 | 0.63% |
| Government National Mortgage Association 5.5% | G2SF.5.5 8.11 | 0.61% |
| United States Treasury Notes 2.75% | T.2.75 08.15.32 | 0.56% |
| United States Treasury Notes 4.25% | T.4.25 11.15.34 | 0.53% |
| United States Treasury Notes 2.875% | T.2.875 05.15.32 | 0.51% |
| Government National Mortgage Association 5% | G2SF.5 8.11 | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03017 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02922 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02753 | Jun 30, 2025 |
| May 30, 2025 | $0.0301 | May 30, 2025 |
| Apr 30, 2025 | $0.02836 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02715 | Mar 31, 2025 |