Dreyfus Treasury Securities Cash Management

Overview

Fund Objective / Approach

The fund seeks as high a level of current income as is consistent with the preservation of capital and the maintenance of liquidity.

The fund pursues its investment objective by investing only in U.S. Treasury securities and cash. The fund is a government money market fund managed to meet the requirements of Rule 2A-7 under the Investment Company Act of 1940.
Total Fund Assets
$60,327,536,629  As of  10/11/24
Share Class Assets
$293,994,255  As of  10/11/24
Inception Date
11/16/20
Fiscal Year End
Jan 31
Trade Deadline
3 PM ET
WAM
40 Days  As of  10/11/24
WAL
87 Days  As of  10/11/24
Holdings
42 As of  09/30/24
Min Investment
$2,500
Dividend Factor
0.000370052 As of  10/11/24
Fund Share Price
$1.00
MARKET VALUE NAV
$1.0004 As of 10/11/24
Class Status
Open
Fiscal Year End
Jan 31

Yields and Expense Ratio

1-DAY YIELD
as of 10/11/24 		7-DAY YIELD
as of 10/11/24 		30-DAY YIELD
as of 10/11/24 		PROSPECTUS FEE TABLE EXPENSE RATIO (%)
as of 05/31/24
Subsidized Unsubsidized Subsidized Unsubsidized Subsidized Unsubsidized Net Gross Contractual
Fee Waiver
End Date
4.50 4.47 4.52 4.49 4.62 4.59 0.44 0.47 05/31/25

Daily Market Value NAV

As of  10/11/24
  Start Date End Date  
$1.0004

Portfolio Daily Net Inflow or Outflow

As of  10/10/24
  Start Date End Date  
$2,010,009,877 

Portfolio Daily/Weekly Liquid Assets

As of  10/11/24
Daily Weekly Start Date End Date  
99.85% 99.85%

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

  • AAAm
    S&P
  • Aaa-mf
    Moody's
Fund ratings are statements of opinion, not statements of fact or recommendations to buy, sell or hold the shares of a fund. All funds are formally assessed on an annual basis with each of the Dreyfus money market fund ratings affirmed in 2024. However, the funds are subject to ongoing surveillance and the rating agencies may revise the fund rating or outlook at any time.  Standard & Poor's (S&P) believes that, with a Principal Stability Rating of AAAm, the fund has an extremely strong capacity to maintain principal and stability and to limit exposure to principal losses due to credit, market, and/or liquidity risks.  For more information on rating methodology visit www.standardandpoors.com.  Moody's Investors Service rates money market mutual funds 'Aaa-mf' if, in Moody's opinion, a fund has a very strong ability to meet the dual objectives of providing liquidity and preserving capital. This rating, which is derived from a combination of Moody's assessment of a fund's Portfolio Credit Profile, Portfolio Stability Profile, and other qualitative factors, is not intended to consider prospective performance of a fund. For more information on rating methodology visit www.moodys.com.
Performance

Average Annual Returns

Month End

As of 09/30/24  Fund 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Treasury Securities Cash Management
DTJXX
5.05% 3.20% - - 2.47% 11/16/20

Quarter End

As of  09/30/24  Fund 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Treasury Securities Cash Management
DTJXX
5.05% 3.20% - - 2.47% 11/16/20

Cumulative Returns

Month End

09/30/24  Fund 1 MO 3 MO 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Treasury Securities Cash Management
DTJXX
0.39% 1.23% 5.05% 9.91% - - 9.92% 11/16/20

Quarter End

As of  09/30/24  Fund 1 MO 3 MO 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Treasury Securities Cash Management
DTJXX
0.39% 1.23% 5.05% 9.91% - - 9.92% 11/16/20

YTD Returns

As of  10/11/24 As of  09/30/24 As of  09/30/24
3.91% 3.74% 3.74%

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

Fund 09/24 08/24 07/24 06/24 05/24 04/24 03/24 02/24 01/24 12/23 11/23 10/23
DTJXX
4.75%  4.88%  4.91%  4.91%  4.92%  4.91%  4.92%  4.94%  4.96%  4.98%  5.00%  4.98% 

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.

Yearly

Fund 2023 2022 2021
DTJXX
4.67%  1.22%  0.01% 

Investment return fluctuates and past performance is no guarantee of future results.

Portfolio

Asset Allocation

As of  09/30/24

      Maturity Distribution

      As of  09/30/24

      Portfolio composition is subject to change at any time. Data reflects days until final maturity for individual portfolio securities.

      Holdings Report

      Fund Name Total Holdings  As of Historical Daily Holdings
      Dreyfus Treasury Securities Cash Management
      		 10/11/24

      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.

      Fees & Expenses

      Monthly Expense Ratios (Annualized)

      As of  09/30/24 FEE DESCRIPTION EXPENSE RATIO (%)
      Management Fee 0.20%
      Service Fee 0.25%
      Other Expenses 0.02%
      Total Expenses 0.47%
      Expenses Reimbursed 0.03%
      Net Expenses 0.44%

      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.

      Prospectus Fee Table Expense Ratios

      As of  05/31/24  Fee Description Expense Ratio (%)
      Management Fee 0.20%
      Service Fee 0.25%
      Other Expenses 0.02%
      Total Expenses 0.47%
      Expenses Reimbursed 0.03%
      Net Expenses 0.44%

      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 May 31, 2025, to waive receipt of its fees and/or assume the direct expenses of the Wealth shares of the fund so that the direct expenses of such fund's Wealth shares (excluding taxes, brokerage commissions and extraordinary expenses) do not exceed .47%. On or after May 31, 2025, BNY Mellon Investment Adviser, Inc. may terminate the expense limitation agreement with respect to a fund at any time. The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until May 31, 2025, 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. On or after May 31, 2025, BNY Mellon Investment Adviser, Inc. may terminate this waiver agreement at any time.

      Literature

      Literature

      Prospectus and Reports

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      Factsheet - Wealth Shares Download
      Prospectus - Wealth Shares Download
      Summary Prospectus - Wealth Shares Download
      SAI Download
      Annual Report - Wealth Shares Download
      Semi Annual Report - Wealth Shares Download
      Semi Annual Financials and Other Information Download

      MARKETING MATERIALS

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      Dreyfus Cash Management Funds Matrix Download
      WHERE OUR FUNDS CAN BE SOLD Download
      EFFECTIVELY MANAGING MONEY MARKET FUND ASSETS Download
      STRENGTH OF THE LION Download

      Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. To obtain a prospectus, or summary prospectus, if available, that contains this and other information about the fund, contact your financial professional or visit dreyfus.com. Read the prospectus carefully before investing.

      Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. Although the fund's board has no current intention to impose a fee upon the sale of shares, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

      The fund's short-term corporate and asset- backed securities holdings involve credit and liquidity risks and risk of principal loss.

      ESG evaluation risk. Where appropriate and as applicable, Dreyfus incorporates environmental, social and governance (ESG) factors into its fundamental credit research process. Dreyfus may not consider ESG ratings or other ESG data or analysis in connection with every investment decision and may determine that other attributes of an investment outweigh ESG considerations when making an investment decision. ESG factors may not be determinative with respect to a given credit analysis or investment decision. Accordingly, a fund may invest in securities of a company/issuer with a negative ESG profile, and a fund may divest or not invest in a company/issuer with a positive ESG profile. In light of the fact that ESG data often lacks standardization, consistency and transparency, such data including ESG ratings for certain issuers/companies may not be available, complete or accurate. As a result, the fund’s investments may differ from, and potentially underperform funds that incorporate ESG data from other sources or utilize other methodologies.

      As a measure of current income, 7-day yield most closely reflects the fund's current income generating ability.

      1-Day Yield: the distribution factor for the prior business day multiplied by the number of days in the year.

      1-Day Yield Unsubsidized: reflects what the 1-Day Yield would have been absent of contractual and or voluntary expense waivers.

      1-Day Yield Subsidized: reflects expense fee waivers during the period.  Without waivers, the yield would be reduced.

      7-Day Yield Unsubsidized: the Fund's previous 7 days of income dividend per share, annualized by dividing by the 7 days and multiplying by the number of days in the year, and shown as a percentage of the fund's current net asset value per share. This yield does not reflect contractual and or voluntary fee waivers.

      7-Day Yield Subsidized: the Fund's previous 7 days of income dividend per share, annualized by dividing by the 7 days and multiplying by the number of days in the year, and shown as a percentage of the fund's current net asset value per share. This yield reflects contractual and or voluntary fee waivers.  

      30-Day Unsubsidized Yield: a net yield exclusive of any fee waivers or reimbursements, is based upon dividends per share from net investment income during the past 30 days, divided by the period ended maximum offering price per share and annualized.

       30-Day Subsidized Yield: a net yield inclusive of any fee waivers or reimbursements, is based upon dividends per share from net investment income during the past 30 days, divided by the period ended maximum offering price per share and annualized. 

      WAM: A measure of the average effective maturity of all of the underlying money market instruments in the fund, weighted to reflect the relative percentage ownership of each instrument. WAM calculations allow for the maturities of certain securities with periodic interest rate resets to be shortened. Generally, for money market funds, WAM can be used primarily as a measure of relative sensitivity to interest rate changes.

      WAL: A measure of the average final maturity of all of the underlying money market instruments in the fund, weighted to reflect the relative percentage ownership of each instrument. Unlike WAM, WAL calculations do not allow maturities to be shortened for periodic interest rate resets. Accordingly, WAL will generally be higher than WAM.

      Market Value NAV: Calculated based on available market quotations (except overnight securities which are valued at amortized cost) related to the Fund's securities at the close of business on the date stated. It is calculated to the nearest hundredth of a cent or (or $0.0001).

      Daily Dividend Factor is a decimal representation of the amount of yield earned in one day.

      Accumulated Dividend Factor is the decimal representation of the daily factors added up in anticipated of a monthly dividend payout.
       



      MIC-514493-2024-03-15

       

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      Dreyfus provides institutional investors and intermediaries with a variety of domestic and offshore money funds and short duration separate account strategies. Dreyfus is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation (BNY). Securities are offered by BNY Mellon Securities Corporation (BNYMSC), a registered broker-dealer and affiliate of MIC. Certain offshore products are not available to US investors and are distributed by BNY entities licensed in the relevant jurisdictions.

      The information provided on this site is for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circumstances. This information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorized.

      Investment Products: Not FDIC-Insured | No Bank Guarantee | May Lose Value

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