BNY Mellon Bond Market Index Fund - Class I (DBIRX)
| Fund Assets | 432.33M |
| Expense Ratio | 0.15% |
| Min. Investment | $1,000 |
| Turnover | 181.20% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.52% |
| Dividend Growth | 2.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.05 |
| YTD Return | -0.37% |
| 1-Year Return | 3.56% |
| 5-Year Return | -1.73% |
| 52-Week Low | 8.84 |
| 52-Week High | 9.25 |
| Beta (5Y) | 0.27 |
| Holdings | 2508 |
| 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 3.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.98%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02868 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02714 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02943 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03039 | Dec 31, 2025 |
| Dec 11, 2025 | $0.001 | Dec 11, 2025 |
| Nov 28, 2025 | $0.02672 | Nov 28, 2025 |