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A fund for which BNY Mellon Investment Adviser, Inc. (“BNYIA”) serves as investment adviser may invest its excess cash or cash received as collateral in connection with lending its securities in Dreyfus Institutional Preferred Government Plus Money Market Fund, a money market fund also managed by BNYIA. Shares of Dreyfus Institutional Preferred Government Plus Money Market Fund are not offered to any other investors.
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Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.
Government/Treasury Money Market Funds: You could lose money by investing in the 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 a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.
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.
You should discuss with BNY or your financial professional about your initial investment amount, time horizon and other relevant factors in selecting a share class for investment. Not all share classes are available to all investors. Please consult your financial professional for eligibility requirements.
The gross expense ratio 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. The net expense ratio 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. If a fund has an active contractual expense limitation, the expiration date can be found in the fund's prospectus.
Any order in proper form placed with Dreyfus by the Fund’s trading deadline and for which Federal Funds are received by 6:00 PM ET will be effective on that date. Investors will earn the dividend declared on that day.