BNY Mellon Floating Rate Income Fund - Class I (DFLIX)
| Fund Assets | 609.39M |
| Expense Ratio | 0.78% |
| Min. Investment | $1,000 |
| Turnover | 133.40% |
| Dividend (ttm) | 0.88 |
| Dividend Yield | 8.18% |
| Dividend Growth | -8.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 2, 2026 |
| Previous Close | 10.73 |
| YTD Return | -0.12% |
| 1-Year Return | 4.61% |
| 5-Year Return | 33.66% |
| 52-Week Low | 10.07 |
| 52-Week High | 10.80 |
| Beta (5Y) | 0.13 |
| Holdings | 294 |
| Inception Date | Sep 27, 2013 |
About DFLIX
BNY Mellon Floating Rate Income Fund - Class I is a mutual fund designed to provide high current income through investments in floating rate loans and other floating rate securities. The fund typically allocates at least 80% of its net assets to senior secured floating rate loans, which are often secured by collateral and rank above most other debt in the event of bankruptcy. These loans generally offer interest payments that adjust periodically based on short-term benchmarks such as SOFR or Libor, helping the fund maintain a floating rate of income that can respond to changes in market interest rates. The fund may also invest up to 30% of its assets in securities issued by foreign companies, primarily in developed markets. With a focus on income generation and a diversified portfolio of over 300 holdings, BNY Mellon Floating Rate Income Fund - Class I plays a notable role in the bank loan category, offering investors exposure to a sector that aims to balance yield potential with risk management. The fund distributes dividends monthly, supporting its objective of delivering consistent income to shareholders.
Performance
DFLIX had a total return of 4.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 2, 2026 | $0.067 | Feb 2, 2026 |
| Dec 22, 2025 | $0.120 | Dec 22, 2025 |
| Dec 1, 2025 | $0.071 | Dec 1, 2025 |
| Nov 3, 2025 | $0.074 | Nov 3, 2025 |
| Oct 1, 2025 | $0.072 | Oct 1, 2025 |
| Sep 2, 2025 | $0.073 | Sep 2, 2025 |