Dreyfus Government Cash Management
- TICKERDBLXX
- Fund Code 6356
- CUSIP 262006828
- SHARE CLASS
-
Literature Download
Fund Objective / Approach
The fund pursues its investment objective by investing only in government securities, repurchase agreements collateralized solely by government securities and/or cash, and cash. The fund seeks to invest in securities that present minimal credit risk, based on BNY Mellon Investment Adviser's assessment of the issuer's or guarantor's credit quality and capacity to meet its financial obligations, which may include environmental, social and governance (ESG) factors as appropriate and applicable, among other factors. The fund is a government money market fund managed to meet the requirements of Rule 2A-7 under the Investment Company Act of 1940.
The BOLD® shares support Howard University's GRACE Grant, which stands for Graduation, Retention, and Access to Continuing Education, with an annual charitable donation of 10% from past profits. *In March 2023, Dreyfus made a second donation of $300,000 to Howard’s GRACE Grant, bringing Dreyfus' cumulative donation to $600,000. Dreyfus has also partnered with Howard University to build a non-financial program focusing on recruitment, mentorship and education to provide students further learning and development opportunities.
*"Net revenue" represents the management fee paid by the Fund to BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser) after any fee waivers and/or expense reimbursements by BNYM Investment Adviser and less any revenue sharing payments made by BNYM Investment Adviser or its affiliates, with respect to the Fund’s BOLD shares. If in any year 10% of net revenue attributable to the Fund’s BOLD shares is less than $300,000, BNYM Investment Adviser nevertheless will make the donation of the minimum amount from its past profits.
The investment adviser may contractually agree to waive or reimburse certain fees and expenses until a specified date. The investment adviser may also voluntarily waive certain fees and expenses, and such voluntary waivers may be discontinued or modified at any time without notice. Voluntary waiver and caps may not be included in the prospectus net expense ratio. The yields and total returns shown reflects any waivers or reimbursements that were in effect for all or a portion of the periods shown. When waivers or reimbursements are in place, the Fund's operating expenses are reduced and the Fund's yield and total returns to the shareholder are increased. Without such waivers, returns would have been lower. The yields and total returns represent past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance quoted above.
Leading Agency Rating and Other Designations
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AAAmS&P
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Aaa-mfMoody's
Portfolio Daily Net Inflow or Outflow
Portfolio Daily/Weekly Liquid Assets
Average Annual Returns
Month End
As of 11/30/23 Fund | 1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception | Inception Date |
---|---|---|---|---|---|---|
Dreyfus Government Cash Management
DBLXX |
4.92% | - | - | - | 3.44% | 02/23/22 |
Quarter End
As of 09/30/23 Fund | 1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception | Inception Date |
---|---|---|---|---|---|---|
Dreyfus Government Cash Management
DBLXX |
4.57% | - | - | - | 3.25% | 02/23/22 |
Cumulative Returns
Month End
11/30/23 Fund | 1 MO | 3 MO | 1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|---|
Dreyfus Government Cash Management
DBLXX |
0.43% | 1.31% | 4.92% | - | - | - | 6.18% | 02/23/22 |
Quarter End
As of 09/30/23 Fund | 1 MO | 3 MO | 1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|---|
Dreyfus Government Cash Management
DBLXX |
0.43% | 1.30% | 4.57% | - | - | - | 5.26% | 02/23/22 |
YTD Returns
As of 12/08/23 | As of 11/30/23 | As of 09/30/23 |
---|---|---|
4.71% | 4.57% | 3.66% |
The investment adviser may contractually agree to waive or reimburse certain fees and expenses until a specified date. The investment adviser may also voluntarily waive certain fees and expenses, and such voluntary waivers may be discontinued or modified at any time without notice. Voluntary waiver and caps may not be included in the prospectus net expense ratio. The yields and total returns shown reflects any waivers or reimbursements that were in effect for all or a portion of the periods shown. When waivers or reimbursements are in place, the Fund's operating expenses are reduced and the Fund's yield and total returns to the shareholder are increased. Without such waivers, returns would have been lower. The yields and total returns represent past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance quoted above.
Monthly Yield History
Monthly
Fund | 11/23 | 10/23 | 09/23 | 08/23 | 07/23 | 06/23 | 05/23 | 04/23 | 03/23 | 02/23 | 01/23 | 12/22 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DBLXX
|
5.23% | 5.22% | 5.21% | 5.20% | 5.03% | 4.99% | 4.95% | 4.74% | 4.54% | 4.45% | 4.21% | 3.97% |
Investment return fluctuates and past performance is no guarantee of future results. As a measure of current income, 7-day yield most closely reflects the fund's current income generating ability.
Asset Allocation
As of 11/30/23
Maturity Distribution
As of 11/30/23
Holdings Report
See All Money Market Fund Holdings
Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security.
Link to each fund's Form N-MFP on the Securities and Exchange Commission website.
Monthly Expense Ratios (Annualized)
As of 11/30/23 FEE DESCRIPTION | EXPENSE RATIO (%) |
---|---|
Management Fee | 0.20% |
Other Expenses | 0.01% |
Total Expenses | 0.21% |
Expenses Reimbursed | 0.04% |
Net Expenses | 0.17% |
Monthly Expense Ratios reflect any voluntary expense limitations that may be terminated at any time without notice by BNY Mellon Investment Adviser, Inc. as well as any contractual expense limitations reflected in the prospectus fee table. Voluntary expense limitations are not contractual and may fluctuate daily. Total Expenses is the total annual operating expense ratio for the fund before any applicable fee waivers or expense reimbursements. If applicable, Net Expenses is the total annual operating expense ratio for the fund after any applicable fee waivers or expense reimbursements.
This data is annualized. Monthly operating expenses may vary month to month.
BNY Mellon Investment Adviser, Inc. has undertaken to limit Fund expenses to maintain the minimum yield floor limit: .03%. Such expense limitations may fluctuate daily, and are voluntary and temporary, not contractual, and may be terminated by BNY Mellon Investment Adviser, Inc. at any time without notice. Effective 9/5/23, the fund's investment adviser, BNY Mellon Investment Adviser, Inc., has agreed to waive receipt of a portion of its management fee in the amount of .01% of the value of the fund's average daily net assets. BNY Mellon Investment Adviser, Inc. may terminate this waiver agreement at any time.
Prospectus Fee Table Expense Ratios
As of 06/01/23 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.20% |
Other Expenses | 0.02% |
Total Expenses | 0.22% |
Expenses Reimbursed | 0.04% |
Net Expenses | 0.18% |
Total Expenses is the total annual operating expense ratio for the fund before any contractual fee waivers or expense reimbursements as reflected in the prospectus fee table. If applicable, Net Expenses is the total annual operating expense ratio for the fund after any contractual fee waivers or expense reimbursements as reflected in the prospectus fee table.
The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until June 1, 2024, to waive receipt of a portion of its management fee in the amount of .03% of the value of the fund's average daily net assets. In addition, BNY Mellon Investment Adviser, Inc. has contractually agreed, until June 1, 2024, to waive receipt of its fees and/or assume the direct expenses of the fund's BOLD® shares so that the direct expenses of BOLD® shares (excluding taxes, brokerage commissions and extraordinary expenses) do not exceed .18%. To the extent that it is necessary for BNY Mellon Investment Adviser, Inc. to waive receipt of its management fee or reimburse the fund's common expenses, the amount of the waiver or reimbursement will be applied equally to each share class of the fund. On or after June 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate the fee waiver agreement and/or expense limitation agreement at any time.
Literature
Prospectus and Reports
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MARKETING MATERIALS
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