BNY Mellon Intermediate Bond Fund (MPIBX)
The investment seeks total return (consisting of capital appreciation and current income). The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds. The investment adviser actively manages bond market and maturity exposure and credit profile and uses a disciplined process to select bonds and manage risk. Generally, the fund's average effective portfolio maturity will be between 3 and 10 years and the average effective duration of the fund's portfolio will be between 2.5 and 5.5 years.
Fund Info
| ISIN | US05569M8148 |
|---|---|
| Issuer | BNY Mellon |
| Inception Date | Oct 2, 2000 |
| Category | Short-Term Bond |
| Min. Investment | $10,000 |
| Asset Class | Bond |
Expense Ratio
MPIBX features an expense ratio of 0.56%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon Intermediate Bond 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 Intermediate Bond Fund had a return of 2.75% year-to-date (YTD) and 6.57% in the last 12 months. Over the past 10 years, BNY Mellon Intermediate Bond Fund had an annualized return of 1.58%, while the S&P 500 had an annualized return of 11.18%, indicating that BNY Mellon Intermediate Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.75% | 21.88% |
| 1 month | -1.65% | 0.89% |
| 6 months | 3.14% | 15.85% |
| 1 year | 6.57% | 38.63% |
| 5 years (annualized) | 1.08% | 13.69% |
| 10 years (annualized) | 1.58% | 11.18% |
Monthly Returns
The table below presents the monthly returns of MPIBX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.49% | -0.69% | 0.50% | -0.92% | 1.05% | 0.60% | 1.46% | 1.02% | 0.91% | 2.75% | |||
| 2023 | 1.61% | -1.18% | 1.78% | 0.40% | -0.45% | -0.44% | 0.32% | 0.15% | -0.55% | -0.11% | 2.07% | 1.61% | 5.26% |
| 2022 | -1.24% | -0.81% | -1.84% | -1.46% | 0.45% | -1.07% | 1.22% | -1.36% | -2.02% | -0.32% | 1.61% | -0.12% | -6.82% |
| 2021 | -0.15% | -0.62% | -0.53% | 0.47% | 0.32% | 0.02% | 0.57% | -0.12% | -0.29% | -0.54% | -0.15% | -0.02% | -1.04% |
| 2020 | 1.12% | 1.01% | -1.59% | 1.68% | 0.79% | 0.85% | 0.86% | 0.09% | -0.14% | 0.02% | 0.47% | 0.31% | 5.58% |
| 2019 | 0.90% | 0.15% | 1.10% | 0.31% | 0.86% | 0.85% | 0.13% | 1.14% | -0.22% | 0.41% | -0.13% | 0.27% | 5.89% |
| 2018 | -0.47% | -0.49% | 0.12% | -0.30% | 0.43% | -0.05% | 0.11% | 0.50% | -0.25% | 0.08% | -0.08% | 0.77% | 0.35% |
| 2017 | 0.25% | 0.40% | 0.02% | 0.42% | 0.43% | -0.06% | 0.50% | 0.41% | -0.32% | 0.10% | -0.30% | 0.10% | 1.98% |
| 2016 | 0.65% | 0.25% | 1.05% | 0.24% | -0.06% | 0.81% | 0.49% | -0.05% | -0.00% | -0.30% | -1.25% | 0.17% | 2.02% |
| 2015 | 1.24% | -0.43% | 0.38% | -0.07% | -0.13% | -0.53% | 0.18% | -0.22% | 0.56% | 0.08% | -0.16% | -0.32% | 0.58% |
| 2014 | 0.69% | 0.38% | -0.31% | 0.43% | 0.60% | 0.05% | -0.27% | 0.41% | -0.40% | 0.47% | 0.23% | -0.32% | 1.95% |
| 2013 | -0.36% | 0.53% | 0.04% | 0.60% | -1.32% | -1.53% | 0.34% | -0.45% | 0.72% | 0.55% | 0.01% | -0.40% | -1.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MPIBX is 35, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Intermediate Bond Fund (MPIBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BNY Mellon Intermediate Bond Fund provided a 2.76% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.32 | $0.28 | $0.27 | $0.26 | $0.29 | $0.26 | $0.27 | $0.26 | $0.24 | $0.26 | $0.36 |
Dividend yield | 2.76% | 2.69% | 2.39% | 2.08% | 1.99% | 2.25% | 2.13% | 2.13% | 2.10% | 1.95% | 2.02% | 2.84% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Intermediate Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.27 | ||
| 2023 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.28 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.27 |
| 2020 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2019 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2018 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2013 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.11 | $0.36 |
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 Intermediate Bond 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 Intermediate Bond Fund was 9.92%, occurring on Oct 20, 2022. Recovery took 447 trading sessions.
The current BNY Mellon Intermediate Bond Fund drawdown is 1.98%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.92% | Aug 4, 2021 | 307 | Oct 20, 2022 | 447 | Aug 2, 2024 | 754 |
| -5% | Mar 9, 2020 | 9 | Mar 19, 2020 | 49 | May 29, 2020 | 58 |
| -4.62% | Jun 16, 2003 | 230 | May 13, 2004 | 264 | Jun 1, 2005 | 494 |
| -4.34% | Nov 8, 2001 | 27 | Dec 17, 2001 | 156 | Aug 2, 2002 | 183 |
| -3.83% | Sep 16, 2008 | 24 | Oct 17, 2008 | 33 | Dec 4, 2008 | 57 |
Volatility
Volatility Chart
The current BNY Mellon Intermediate Bond Fund volatility is 0.82%, 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.