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Proxy Voting Policies

Summary of the Proxy Voting Policy and Procedures of The BNY Mellon Family of Funds.

 

The board of each fund in the BNY Mellon Family of Funds generally has delegated the authority to vote proxies of companies held in a fund's portfolio to either BNY Mellon Investment Adviser, Inc. ("BNYIA) or the fund’s sub-investment adviser ("Sub-Adviser"), as described below. In addition, for each fund, the board has adopted proxy voting procedures pursuant to which proxies of companies held in a fund’s portfolio will be voted.  The proxy voting procedures adopted for a fund are the procedures of: (i) the primary employer of the fund's portfolio managers ("Primary Employer"), (ii) the Sub-Adviser and/or (ii) the fund's asset allocator, BNY Wealth (collectively, "Firms"), as described below.  Please consult a fund's Statement of Additional Information for details concerning the applicable Firm's proxy voting policies and procedures.

Funds Entity with Discretionary Proxy Voting Responsibility Firm Proxy Voting Procedures Adopted
Directly-Advised Funds1 BNY Mellon Investment Adviser, Inc. Primary Employer
Sub-Advised Funds Sub-Adviser Sub-Adviser
Multi-Strategy Funds2 BNY Mellon Investment Adviser, Inc. BNY Wealth and/or Primary Employer3

Information regarding how BNY Investments voted proxies for the funds during the most recent 12-month period ended June 30th is available on BNY's website, by the following August 31st, at BNY proxy search and on the SEC's website at www.sec.gov on a fund's Form N-PX.

1"Directly-Advised Funds" are funds that are advised by BNY Mellon Investment Adviser, Inc. and are not Multi-Strategy Funds.

2BNY Mellon Asset Allocation Fund, BNY Mellon Mid Cap Multi-Strategy Fund and BNY Mellon Small Cap Multi-Strategy Fund.

3For assets of BNY Mellon Asset Allocation Fund allocated to underlying funds, equities and fixed income, BNY Wealth.  

For assets of BNY Mellon Small Cap Multi-Strategy Fund and BNY Mellon Mid Cap Multi-Strategy Fund allocated to Newton Investment Management North America LLC ("Newton"), Primary Employer.  For assets of BNY Mellon Mid-Cap Multi-Strategy Fund not allocated to Mellon, BNY Wealth. 

BNY is the corporate brand of The Bank of New York Mellon Corporation and may be used to reference the corporation as a whole and/or its various subsidiaries generally. BNY Mellon Investment Adviser, LLC. and BNY Wealth are companies of of The Bank of New York Mellon Corporation.

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