BNY Mellon Short Term Income Fund Class D
DSTIX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 240 Greenwich Street New York NY United States of America 10286
- IPO Date
- Aug 18, 1992
- CIK
- 0000889169
- Website
- bny.com
- Similar Companies
- Business
- BNY Mellon Short Term Income Fund Class D (DSTIX) is an open-end mutual fund that seeks to maximize total return, consisting of capital appreciation and current income, by normally investing principally in fixed-income securities of U.S. and foreign issuers with average effective maturities of less than five years. The fund's portfolio primarily comprises U.S. bonds (approximately 84.68%), non-U.S. bonds (12.14%), and cash equivalents (1.96%), with key sectors including corporate bonds (46.57%), asset-backed securities (25.71%), and government-related debt (16.59%); top holdings as of late 2025 feature U.S. Treasury futures, Treasury notes, and asset-backed securities such as PenFed Auto Receivables Owner Trust. It offers daily pricing, monthly dividend distributions with a trailing twelve-month yield of approximately 4.63%, a net expense ratio of 0.60% (with a contractual fee waiver through December 1, 2026), and a minimum initial investment of $2,500 for Class D shares. Launched on August 18, 1992, and domiciled in the United States, the fund is managed by BNY Mellon Investment Adviser, Inc., as part of BNY Investments, with a total net asset value of approximately $88.32 million and share class size of $78.10 million as of recent data. Portfolio management is led by Senior Portfolio Manager Scott Zaleski, CFA (since July 24, 2019), and James DiChiaro (since November 1, 2023), both affiliated with Insight North America, LLC. The fund targets investors seeking short-term bond exposure consistent with the Morningstar Short-Term Bond category and ICE BofA 1-5 Year U.S. Corporate/Government Index benchmark, with operations focused on the U.S. market. Recent developments include the addition of James DiChiaro as co-portfolio manager in November 2023, enhancing the team's expertise in fixed-income strategies, alongside portfolio adjustments introducing new positions such as PenFed Auto Receivables Owner Trust 2022-A, New Economy Assets Phase 1 Sponsor LLC Series 2021-1 Class A1, Boeing Co. notes, GLP Capital LP/GLP Financing II Inc. debt, and Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp. securities as of mid-2025. At the parent company level, BNY Mellon completed its acquisition of Archer Holdco, LLC in October 2024, bolstering managed account solutions and enterprise platforms that support fund distribution and servicing capabilities relevant to products like DSTIX. The fund maintains a Morningstar 3-star rating overall (as of October 31, 2025) in the Short-Term Bond category, reflecting consistent risk-adjusted performance.