About DCPCX
BNY Mellon Core Plus Fund Class C is a mutual fund that focuses on delivering a high total return while aiming to preserve capital. This fund primarily invests in a diversified portfolio of fixed-income securities, including government bonds, corporate bonds, mortgage-backed securities, and asset-backed securities. It has flexibility to include both U.S. and foreign issuers in its holdings, typically maintaining an average effective duration between three and eight years. The fund generally emphasizes investment-grade securities rated Baa3/BBB- or higher, but it may allocate up to 25% of its assets to below investment-grade bonds, enhancing its yield potential while increasing risk exposure. Utilizing rigorous fundamental analysis, the fund assesses factors such as industry trends, issuer credit quality, and relative value when selecting securities. BNY Mellon Core Plus Fund Class C plays a key role as an intermediate core-plus bond product, seeking to balance income generation, capital preservation, and some measured exposure to higher-yield opportunities within the fixed-income market. Monthly income distributions and active portfolio management further define its profile among intermediate-term bond funds.
Fund Family BNY Mellon
Category Intermediate Core-Plus Bond
Performance Rating Low
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol DCPCX
Share Class Class C
Index Bloomberg U.S. Aggregate Bond TR
DCPCX had a total return of -2.87% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.04%.
