BNY Mellon Short Term Income Fund (DSTIX)
The investment seeks to maximize total return, consisting of capital appreciation and current income. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities of U.S. and foreign issuers rated investment grade or the unrated equivalent as determined by the advisor. It will focus on U.S. securities, but may invest up to 30% of its total assets in fixed-income securities of foreign issuers (i.e., securities issued by companies organized under the laws of countries other than the U.S. or securities issued by foreign governments). The fund is non-diversified.
Fund Info
US05600G1076
05600G107
Aug 18, 1992
$2,500
Expense Ratio
DSTIX features an expense ratio of 0.60%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon Short Term Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BNY Mellon Short Term Income Fund had a return of 0.31% year-to-date (YTD) and 5.48% in the last 12 months. Over the past 10 years, BNY Mellon Short Term Income Fund had an annualized return of 1.46%, while the S&P 500 had an annualized return of 11.31%, indicating that BNY Mellon Short Term Income Fund did not perform as well as the benchmark.
DSTIX
0.31%
0.21%
1.34%
5.48%
1.72%
1.46%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of DSTIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.31% | 0.31% | |||||||||||
| 2024 | 0.77% | -0.31% | 0.53% | -0.61% | 1.02% | 0.75% | 1.30% | 1.13% | 0.87% | -0.83% | 0.61% | -0.02% | 5.30% |
| 2023 | 1.66% | -0.91% | 1.25% | 0.32% | -0.16% | -0.37% | 0.68% | 0.31% | -0.63% | 0.31% | 1.81% | 1.37% | 5.72% |
| 2022 | -1.04% | -0.86% | -1.35% | -1.19% | 0.07% | -1.33% | 1.25% | -0.94% | -1.68% | -0.20% | 1.32% | 0.25% | -5.61% |
| 2021 | 0.08% | -0.21% | -0.11% | 0.27% | 0.24% | -0.05% | 0.15% | 0.05% | -0.14% | -0.46% | -0.43% | 0.15% | -0.46% |
| 2020 | 0.91% | 0.60% | -3.97% | 2.55% | 1.39% | 1.17% | 0.93% | 0.26% | -0.13% | 0.04% | 0.64% | 0.37% | 4.72% |
| 2019 | 1.04% | 0.18% | 0.58% | 0.36% | 0.55% | 0.69% | 0.02% | 0.67% | -0.09% | 0.31% | -0.08% | 0.33% | 4.64% |
| 2018 | -0.15% | -0.36% | 0.07% | -0.20% | -0.09% | -0.28% | 0.46% | -0.20% | -0.00% | -0.08% | -0.23% | -0.20% | -1.24% |
| 2017 | 0.19% | 0.29% | 0.13% | 0.31% | 0.22% | -0.09% | 0.40% | 0.19% | -0.09% | 0.03% | -0.39% | -0.14% | 1.07% |
| 2016 | 0.14% | 0.31% | 0.60% | 0.19% | 0.00% | 0.85% | 0.06% | -0.19% | 0.26% | -0.20% | -0.77% | 0.11% | 1.35% |
| 2015 | 0.59% | -0.07% | 0.26% | 0.08% | 0.06% | -0.40% | 0.16% | -0.31% | 0.05% | 0.24% | -0.34% | -0.64% | -0.33% |
| 2014 | 0.08% | 0.40% | -0.17% | 0.30% | 0.40% | 0.05% | -0.15% | 0.11% | -0.37% | 0.19% | -0.09% | -0.44% | 0.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 92, DSTIX is among the top 8% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Short Term Income Fund (DSTIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BNY Mellon Short Term Income Fund provided a 3.97% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.42 | $0.33 | $0.20 | $0.18 | $0.22 | $0.22 | $0.23 | $0.14 | $0.12 | $0.19 | $0.16 |
Dividend yield | 3.97% | 4.30% | 3.43% | 2.11% | 1.80% | 2.14% | 2.13% | 2.35% | 1.36% | 1.15% | 1.82% | 1.47% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Short Term Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.42 |
| 2023 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2022 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.18 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.22 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2018 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.03 | $0.14 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
| 2015 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.19 |
| 2014 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon Short Term Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BNY Mellon Short Term Income Fund was 8.64%, occurring on Oct 20, 2022. Recovery took 396 trading sessions.
The current BNY Mellon Short Term Income Fund drawdown is 0.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.64% | Aug 4, 2021 | 307 | Oct 20, 2022 | 396 | May 15, 2024 | 703 |
| -8.58% | Jan 24, 2008 | 212 | Nov 24, 2008 | 151 | Jul 2, 2009 | 363 |
| -7.75% | Mar 6, 2020 | 13 | Mar 24, 2020 | 51 | Jun 5, 2020 | 64 |
| -3.83% | Aug 10, 1998 | 45 | Oct 9, 1998 | 80 | Jan 29, 1999 | 125 |
| -3.24% | Feb 1, 1994 | 140 | Aug 15, 1994 | 124 | Feb 3, 1995 | 264 |
Volatility
Volatility Chart
The current BNY Mellon Short Term Income Fund volatility is 0.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.