STATEMENT OF ADDITIONAL INFORMATION

March 31, 2022, as revised or amended,

April 29, 2022, June 30, 2022, December 30, 2022 and March 1, 2023

This Statement of Additional Information (SAI), which is not a prospectus, supplements and should be read in conjunction with the current prospectus of each fund listed below, as such prospectuses may be revised from time to time. To obtain a copy of a fund's prospectus, please call your financial adviser, or write to the fund at 144 Glenn Curtiss Boulevard, Uniondale, New York 11556-0144, visit www.im.bnymellon.com or call 1-800-373-9387 (inside the U.S. only).

The most recent annual report and semi-annual report to shareholders for each fund are separate documents supplied with this SAI, and the financial statements, accompanying notes and report of the independent registered public accounting firm appearing in the annual report are incorporated by reference into this SAI and can be accessed by clicking on the applicable link in the "Fiscal Year End/Annual Report Date" column below. All classes of a fund have the same fiscal year end and prospectus date, except if otherwise indicated. Capitalized but undefined terms used in this SAI are defined in the Glossary at the end of this SAI.

^* Certain information provided in this SAI is indicated to be as of the end of a fund's last fiscal year or during a fund's last fiscal year. The term "last fiscal year" means the most recently completed fiscal year, except that, for funds with a fiscal year ended November 30^th, December 31^st or February 28(9)^th, "last fiscal year" means the fiscal year immediately preceding the most recently completed fiscal year.

TABLE OF CONTENTS

PART I

BOARD INFORMATION	I-1
Information About Each Board Member's Experience, Qualifications, Attributes or Skills	I-1
Committee Meetings	I-4
Board Members' Fund Share Ownership	I-5
Board Members' Compensation	I-6
OFFICERS	I-7
CERTAIN PORTFOLIO MANAGER INFORMATION	I-10
ADVISERS' COMPENSATION; COMPLIANCE SERVICES	I-14
Advisers' Compensation	I-14
Compliance Services	I-16
SECURITIES LENDING ACTIVITIES	I-17
SALES LOADS, CDSCS AND DISTRIBUTOR'S COMPENSATION	I-20
OFFERING PRICE	I-24
SECURITIES OF REGULAR BROKERS OR DEALERS	I-25
COMMISSIONS	I-26
PORTFOLIO TURNOVER VARIATION	I-28
SHARE OWNERSHIP	I-29

PART II

HOW TO BUY SHARES	II-1
Investment Minimums	II-1
Information Pertaining to Purchase Orders	II-1
Information Regarding the Offering of Share Classes	II-1
Class A	II-2
HOW TO REDEEM SHARES	II-3
Information Pertaining to Redemptions	II-3
SHAREHOLDER SERVICES	II-3
DISTRIBUTION PLANS, SERVICE PLANS AND SHAREHOLDER SERVICES PLANS	II-4
INVESTMENTS, INVESTMENT TECHNIQUES AND RISKS	II-6
INVESTMENT RESTRICTIONS	II-23
Fundamental Policies	II-23
Nonfundamental Policies	II-30
Fundamental and Nonfundamental Policies Related to Fund Investment Objectives, Diversification and Names	II-32
DIVIDENDS AND DISTRIBUTIONS	II-34
INFORMATION ABOUT THE FUNDS' ORGANIZATION AND STRUCTURE	II-34
CERTAIN EXPENSE ARRANGEMENTS AND OTHER DISCLOSURES	II-35
Expense Arrangements	II-35
Expense Limitations	II-35

Index Licensing Disclosures—S&P	II-36
COUNSEL AND INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	II-36
RISKS OF INVESTING IN STATE MUNICIPAL SECURITIES	II-36
New Jersey	II-37
COVID-19 Matters	II-37
General Information	II-37
Demographics	II-37
State Funds and Accounting	II-37
State Funds	II-37
Other Revenue Sources	II-38
State Economy and Finances	II-38
State Indebtedness	II-39
General	II-39
State Pension Plans	II-40
Litigation	II-41

PART III

ADDITIONAL INFORMATION ABOUT HOW TO BUY SHARES	III-1
Investment Minimums	III-1
Small Account Policies	III-2
In-Kind Purchases	III-2
Information Pertaining to Purchase Orders	III-2
TeleTransfer Privilege	III-2
Reopening an Account	III-3
Multi-Class Funds	III-3
All Other Funds and Share Classes	III-5
Information Relating to Purchase Orders (money market funds only)	III-5
Converting Shares	III-6
Taxpayer ID Number	III-6
Frequent Purchases and Exchanges (non-money market funds only)	III-6
ADDITIONAL INFORMATION ABOUT HOW TO REDEEM SHARES	III-7
Redemption Fee	III-8
Contingent Deferred Sales Charge—Multi-Class Funds	III-8
Class C	III-8
Waiver of CDSC	III-8
Redemption Through an Authorized Entity	III-9
Checkwriting Privilege	III-9
Wire Redemption Privilege	III-10
Redemption through Compatible Computer Facilities	III-10
TeleTransfer Privilege	III-10
Reinvestment Privilege	III-10
Share Certificates; Medallion Signature Guarantees	III-11
Share Certificates	III-11
Medallion Signature Guarantees	III-11
Redemption Commitment	III-11
Suspension of Redemptions	III-11
Fund Liquidation (money market funds only)	III-11
Liquidity Fees and Redemption Gates (Institutional and Retail MMFs only)	III-12
ADDITIONAL INFORMATION ABOUT SHAREHOLDER SERVICES	III-12
Fund Exchanges	III-12
Class A or Class C shares of a Multi-Class Fund	III-14
Shares Received by Exchange From Class B Shares	III-14
Class J Shares of BNY Mellon Balanced Opportunity Fund	III-14

Class Y Shares	III-14
Exchanges of Class I or Class Y Shares Held by a Retirement Plan	III-14
Auto-Exchange Privilege	III-14
Automatic Asset Builder®	III-14
Government Direct Deposit Privilege	III-15
Payroll Savings Plan	III-15
Dividend Options	III-15
Dividend Sweep	III-15
Dividend ACH	III-15
Automatic Withdrawal Plan	III-15
Letter of IntentClass A Shares	III-16
Retirement Plans and IRAs	III-17
ADDITIONAL INFORMATION ABOUT RULE 12b-1 PLANS AND NON-RULE 12b-1 SERVICES PLANS	III-17
ADDITIONAL INFORMATION ABOUT INVESTMENTS, INVESTMENT TECHNIQUES AND RISKS	III-17
All Funds	III-17
Market Risk; Market Developments	III-18
Cybersecurity Risk	III-19
All Funds other than Money Market Funds	III-19
Equity Securities	III-19
Common Stock	III-20
Preferred Stock	III-20
Convertible Securities	III-20
Warrants and Stock Purchase Rights	III-21
IPOs	III-21
Private Placements and Pre-IPO Investments	III-22
Fixed-Income Securities	III-22
U.S. Government Securities	III-23
Corporate Debt Securities	III-24
Ratings of Securities; Unrated Securities	III-24
High Yield and Lower-Rated Securities	III-24
Zero Coupon, Pay-In-Kind and Step-Up Securities	III-26
Inflation-Indexed Securities	III-27
Variable and Floating Rate Securities	III-27
Loans	III-28
Participation Interests and Assignments	III-30
Mortgage-Related Securities	III-31
Asset-Backed Securities	III-35
Collateralized Debt Obligations	III-36
LIBOR Rate Risk	III-36
Municipal Securities	III-37
Taxable Investments (municipal or other tax-exempt funds only)	III-42
Funding Agreements	III-43
Real Estate Investment Trusts (REITs)	III-43
Money Market Instruments	III-43
Bank Obligations	III-43
Repurchase Agreements	III-43
Commercial Paper	III-43
Foreign Securities	III-44
Investing in Europe	III-45
Emerging Markets	III-45
Certain Asian Emerging Market Countries	III-46
Investing in Russia and other Eastern European Countries	III-50
Depositary Receipts and New York Shares	III-51

Sovereign Debt Obligations	III-51
Eurodollar and Yankee Dollar Investments	III-53
Investment Companies, Including Exchange-Traded Funds	III-53
Exchange-Traded Funds	III-53
Private Investment Funds	III-54
Exchange-Traded Notes	III-54
Master Limited Partnerships (MLPs)	III-54
MLP Common Units	III-55
MLP Subordinated Units	III-55
MLP Convertible Subordinated Units	III-55
MLP Preferred Units	III-56
MLP General Partner Interests	III-56
MLP Debt Securities	III-56
Equity and Debt Securities Issued by Affiliates of MLPs	III-56
MLP I-Shares	III-56
PIPEs	III-57
Derivatives	III-57
Risks	III-58
CEA Regulation	III-59
Specific Types of Derivatives	III-59
Foreign Currency Transactions	III-67
Commodities and Commodity-Related Instruments, Including Commodity ETPs	III-68
Commodity ETPs	III-68
Short-Selling	III-69
Lending Portfolio Securities	III-69
Borrowing Money	III-69
Borrowing Money for Leverage	III-70
Reverse Repurchase Agreements	III-70
Forward Commitments	III-70
Forward Roll Transactions	III-71
Illiquid Investments	III-71
Illiquid Investments Generally	III-71
Section 4(2) Paper and Rule 144A Securities	III-71
Non-Diversified Status	III-72
Investments in the Technology Sector	III-72
Investments in the Real Estate Sector	III-72
Investments in the Infrastructure Sector	III-73
Investments in the Natural Resources Sector	III-73
Money Market Funds	III-73
Ratings of Securities	III-74
Treasury Securities	III-74
U.S. Government Securities	III-75
Repurchase Agreements	III-75
Bank Obligations	III-75
Bank Securities	III-77
Floating and Variable Rate Obligations	III-77
Participation Interests	III-77
Asset-Backed Securities	III-77
Commercial Paper	III-77
Investment Companies	III-77
Foreign Securities	III-77
Municipal Securities	III-78
Derivative Products	III-78
Stand-By Commitments	III-78
Taxable Investments (municipal or other tax-exempt funds only)	III-78
Illiquid Investments	III-78

Borrowing Money	III-78
Reverse Repurchase Agreements	III-79
Forward Commitments	III-79
Interfund Borrowing and Lending Program	III-79
Lending Portfolio Securities	III-79
Money Market Fund Material Events	III-79
Imposition of Liquidity Fees and Temporary Suspensions of Fund Redemptions	III-79
Financial Support Provided to Money Market Funds	III-79
RATING CATEGORIES	III-80
S&P	III-80
Issue Credit Ratings	III-81
Long-Term Issue Credit Ratings	III-81
Short-Term Issue Credit Ratings	III-82
Municipal Short-Term Note Ratings Definitions	III-82
Moody's	III-83
Long-Term Obligation Ratings and Definitions	III-83
Short-Term Ratings	III-83
U.S. Municipal Short-Term Debt and Demand Obligation Ratings	III-84
Fitch	III-85
Corporate Finance Obligations — Long-Term Rating Scales	III-85
Structured, Project & Public Finance Obligations — Long-Term Rating Scales	III-86
Short-Term Ratings Assigned to Issuers and Obligations	III-86
DBRS	III-87
Long Term Obligations	III-87
Commercial Paper and Short Term Debt	III-87
ADDITIONAL INFORMATION ABOUT THE BOARDS	III-88
Boards' Oversight Role in Management	III-88
Board Composition and Leadership Structure	III-88
Additional Information About the Boards and their Committees	III-89
MANAGEMENT ARRANGEMENTS	III-89
BNYM Investment Adviser	III-89
Sub-Advisers	III-90
Portfolio Managers and Portfolio Manager Compensation	III-91
Certain Conflicts of Interest with Other Accounts	III-96
Code of Ethics	III-97
Distributor	III-98
Transfer and Dividend Disbursing Agent and Custodian	III-99
Annual Anti-Money Laundering Program Review	III-99
Funds' Compliance Policies and Procedures	III-99
Combined Prospectuses	III-99
Escheatment	III-99
DETERMINATION OF NAV	III-100
Valuation of Portfolio Securities (funds other than Retail and Government MMFs)	III-100
Valuation of Portfolio Securities (Retail and Government MMFs only)	III-101
Calculation of NAV	III-101
Expense Allocations	III-102
NYSE and Transfer Agent Closings	III-102
ADDITIONAL INFORMATION ABOUT DIVIDENDS AND DISTRIBUTIONS	III-102
Funds other than Money Market Funds	III-102
Money Market Funds	III-103
CERTAIN MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS	III-103
Taxation of the Funds	III-104

RIC Qualification Requirements	III-104
Investments in PFICs	III-107
Taxation of U.S. Shareholders	III-110
Fund Distributions	III-110
NAV Method of Accounting (money market funds only)	III-112
3.8% Surtax	III-113
Taxation of Non-U.S. Shareholders	III-113
Fund Distributions	III-113
Withholding and Information Reporting on Foreign Financial Accounts	III-114
PORTFOLIO TRANSACTIONS	III-114
Trading the Funds' Portfolio Securities	III-115
Soft Dollars	III-117
IPO Allocations	III-118
DISCLOSURE OF PORTFOLIO HOLDINGS	III-118
Policy	III-118
Procedures for Disclosing Fund Portfolio Holdings	III-118
Disclosure of Portfolio Holdings	III-118
Ongoing Arrangements	III-119
Press Interviews, Broker Discussions, etc.	III-119
Confidential Dissemination of Portfolio Holding	III-120
Disclosure of Portfolio Holdings to Employees	III-120
Procedures for Disclosing Fund Portfolio Characteristics	III-120
Public Disclosure of the Portfolio Characteristics of a Fund	III-120
Information Deemed Not to be Portfolio Holdings Information	III-121
Trading Desk and Research Reports	III-121
Confidentiality Agreements	III-121
Additional Restrictions	III-121
Waivers of Restrictions	III-121
Disclosures Required by Law	III-121
Reporting of Violations	III-122
SUMMARY OF THE PROXY VOTING POLICY AND PROCEDURES OF THE BNY MELLON FAMILY OF FUNDS	III-122
ADDITIONAL INFORMATION ABOUT THE FUNDS' STRUCTURE; FUND SHARES AND VOTING RIGHTS	III-123
Massachusetts Business Trusts	III-123
Fund Shares and Voting Rights	III-123
GLOSSARY	III-124
APPENDIX A: PROXY VOTING POLICIES AND PROCEDURES OF FIRMS DELEGATED FUND PROXY VOTING AUTHORITY	A-1

PART I

BOARD INFORMATION

Information About Each Board Member's Experience, Qualifications, Attributes or Skills

Board members for the funds, together with information as to their positions with the funds, principal occupations and other board memberships during the past five years, are shown below. The address of each board member is 240 Greenwich Street, New York, New York 10286.

Independent Board Members

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¹ Each of the Independent Board Members serves on the boards' Audit, Nominating, Compensation, Litigation and Pricing Committees, except that Mr. DiMartino does not serve on the Compensation Committee.

Advisory Board Member

The following table shows the year each board member joined each fund's board.

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Each board member, except Mses. France and Gulley, has been a BNY Mellon Family of Funds board member for over 20 years. Ms. France has more than 35 years of strategy, investment banking and corporate finance experience and Ms. Gulley was in the asset management business for more than 30 years prior to her retirement in 2014. Additional information about each board member follows (supplementing the information provided in the table above) that describes some of the specific experiences, qualifications, attributes or skills that each board member possesses which the boards believe has prepared them to be effective board members. The boards believe that the significance of each board member's experience, qualifications, attributes or skills is an individual matter (meaning that experience that is important for one board member may not have the same value for another) and that these factors are best evaluated at the board level, with no single board member, or particular factor, being indicative of board effectiveness. However, the boards believe that board members need to have the ability to critically review, evaluate, question and discuss information provided to them, and to interact effectively with fund management, service providers and counsel, in order to exercise effective business judgment in the performance of their duties; each board believes that its members satisfy this standard. Experience relevant to having this ability may be achieved through a board member's educational background; business, professional training or practice (e.g., medicine, accounting or law), public service or academic positions; experience from service as a board member (including the boards for the funds) or as an executive of investment funds, public companies or significant private or not-for-profit entities or other organizations; and/or other life experiences. The charter for the boards' nominating committees contains certain other factors considered by the committees in identifying and evaluating potential board member nominees. To assist them in evaluating matters under federal and state law, the board members are counseled by their independent legal counsel, who participates in board meetings and interacts with BNYM Investment Adviser, and also may benefit from information provided by BNYM Investment Adviser's counsel; counsel to the funds and to the boards have significant experience advising funds and fund board members. The boards and their committees have the ability to engage other experts as appropriate. The boards evaluate their performance on an annual basis.

· Joseph S. DiMartino – Mr. DiMartino has been the Chairman of the Board of the funds in the BNY Mellon Family of Funds for over 25 years. From 1971 through 1994, Mr. DiMartino served in various roles as an employee of Dreyfus Corp. (prior to its acquisition by a predecessor of BNY Mellon in August 1994 and related management changes), including portfolio manager, President, Chief Operating Officer and a director. He ceased being an employee or director of Dreyfus Corp. by the end of 1994. From 1995 to 1997, Mr. DiMartino served as Chairman of the Board of The Noel Group, a public buyout firm; in that capacity, he helped manage, acquire, take public and liquidate a number of operating companies. From 1986 to 2010, Mr. DiMartino served as a Director of the Muscular Dystrophy Association.

· Peggy C. Davis – Ms. Davis currently serves as the John S. R. Shad Professor of Lawyering and Ethics at New York University School of Law as a writer and teacher in the fields of evidence, constitutional theory, family law, social sciences and the law, legal process and professional methodology and training. Prior to joining the university's faculty in 1983, Ms. Davis served as a Judge of the Family Court of the State of New York. Before her appointment to the bench, she practiced law for ten years in both the commercial and public interest sectors. Ms. Davis also has served as Chair of the Board of the Russell Sage Foundation.

· Gina D. France – Ms. France serves as President and Chief Executive Officer of France Strategic Partners. Before founding France Strategic Partners in 2003, Ms. France was a managing director of Ernst & Young LLP where she led a national client-facing strategy group. She has served as a strategic advisor to over 250 companies throughout the course of her career. Ms. France has more than 35 years of strategy, investment banking and corporate finance experience. Previously, Ms. France was an investment banker with Lehman Brothers in New York and San Francisco. Prior to Lehman Brothers, she served as the international cash manager of Marathon Oil Company. Ms. France has served on several corporate boards including: Huntington Bancshares (investment company oversight committee chair); Cedar Fair, L.P. (audit committee chair); CBIZ, Inc.; Baldwin Wallace University; FirstMerit Corporation (nominating and governance committee chair); Dawn Food Products, Inc.; and Mack Industries. Ms. France currently serves as a Trustee of Dance Cleveland, a non-profit.

· Joan L. Gulley – Ms. Gulley served in various senior roles at PNC Financial Services Group, Inc. (PNC) from 1993 until her retirement in 2014, including Chief Executive Officer of PNC Advisors, the wealth management

I-3

and institutional services business of PNC, from 2002 to 2005, Executive Vice President and Chief Marketing Officer of PNC from 2002 to 2007, and Executive Vice President (EVP) and Chief Human Resources Officer (CHRO) of PNC from 2008 until 2014. In her role as EVP and CHRO of PNC, Ms. Gulley was responsible for the oversight of $8 billion in combined pension and 401(k) assets. Ms. Gulley also served as a member of PNC's Executive Committee from 2008 to 2014, where she participated in all key strategic and operational decisions affecting PNC, and was responsible for all staff support to the PNC Board's Personnel and Compensation Committee with respect to executive compensation, succession planning, talent management, human resource regulatory matters and diversity. Prior to joining PNC, Ms. Gulley held positions with The Massachusetts Company, a chartered bank and subsidiary of The Travelers Insurance Company, which was acquired by PNC in 1993, and with branches of the Federal Reserve Bank in Boston, Massachusetts and Washington D.C. Ms. Gulley currently serves as Governor of the Orchard Island Club and from 2015 to 2021 served on the Board of Trustees of the Nantucket Atheneum.

· Robin A. Melvin – From 2014 to 2020, Ms. Melvin served as Co-Chair of Mentor Illinois, a non-profit organization dedicated to increasing the quantity and quality of mentoring services in Illinois, and served as a Board member from 2013 to 2020. Ms. Melvin served as Director of the Boisi Family Foundation, a private family foundation that supports organizations serving the needs of youth from disadvantaged circumstances, from 1995 to 2012. In that role she also managed the Boisi Family Office, providing the primary interface with all investment managers, legal advisors and other service providers to the family. She has also served in various roles with MENTOR, a national non-profit youth mentoring advocacy organization, including Executive Director of the New York City affiliate, Vice President of the national affiliate network, Vice President of Development, and, immediately prior to her departure, Senior Vice President in charge of strategy. Prior to that, Ms. Melvin was an investment banker with Goldman Sachs Group, Inc. She also serves as a Trustee of Westover School, a private girls boarding school in Middlebury, Connecticut (2019 to present), a Board member of JDRF, a non-profit juvenile diabetes research foundation (June 2021 to June 2022), and a Trustee of HPS Corporate Lending Fund, a closed-end management investment company regulated as a business development company (August 2021 to present).

Advisory Board Member

· Michael D. DiLecce – Mr. DiLecce retired as a Partner at the accounting firm of Ernst & Young LLP in June 2022. Mr. DiLecce has substantial accounting, investment management, and executive experience serving firms within the investment management industry. From August 1983 to June 2022, Mr. DiLecce was an auditor at Ernst & Young LLP where he served as Global Assurance Leader of Asset Management and as the audit partner for various investment company complexes. In addition, from July 2017 to June 2021, Mr. DiLecce was the Americas Regional Talent Managing Partner for Ernst & Young's Financial Service practice. He was an Assurance Partner at Ernst & Young LLP from 1999 to 2022.

Committee Meetings

The boards' standing Audit, Nominating, Compensation, Litigation and Pricing Committees met during the funds' last fiscal years as indicated below:

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Board Members' Fund Share Ownership

The table below indicates the dollar range of each board member's and advisory board member's ownership of fund shares and shares of other funds in the BNY Mellon Family of Funds, in each case as of December 31, 2022.

See "Share Ownership" below for information on the shareholdings of each fund by board members and officers as a group.

As of December 31, 2022, none of the board members or advisory board member or their immediate family members owned securities of BNYM Investment Adviser, any Sub-Advisers, the Distributor or any person (other than a registered investment company) directly or indirectly controlling, controlled by or under common control with BNYM Investment Adviser, any Sub-Advisers or the Distributor.

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Board Members' Compensation

Annual retainer fees and meeting attendance fees are allocated among the funds on the basis of net assets, with the Chairman of the Board, Joseph S. DiMartino, receiving an additional 25% of such compensation. The funds reimburse board members for their expenses. The funds do not have a bonus, pension, profit-sharing or retirement plan. An emeritus board member is entitled to receive an annual retainer of one-half the amount paid as a retainer at the time the board member became emeritus and a per meeting attended fee of one-half the amount paid to board members. The funds' emeritus program was discontinued for current board members in November 2021.

The aggregate amount of fees received from the funds by each current board member, advisory board member and emeritus board member for the funds' last fiscal years, and by all funds in the fund complex (which comprises registered investment companies for which BNYM Investment Adviser or an affiliate of BNYM Investment Adviser serves as investment adviser) for which such person was a board member, advisory board member or emeritus board member during 2022, were as follows:^†

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^† Amounts shown do not include expenses reimbursed to board members for attending board meetings. Amounts shown also do not include the costs of office space and related parking, office supplies and secretarial services, which also are paid by the funds (also allocated based on net assets); these amounts for the funds ranged from $28 to $2,526 ($14,103 for all funds) in 2022.

^* Represents the number of separate portfolios comprising the investment companies in the fund complex, including the funds, for which the board member or emeritus board member served in 2022.

⁺ Mr. DiLecce became an advisory board member of the funds in October 2022 and receives compensation from the funds for attending board meetings in an advisory role.

OFFICERS

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^* "Fund Complex" comprises registered investment companies for which BNYM Investment Adviser or an affiliate of BNYM Investment Adviser serves as investment adviser.

¹ With respect to BNYMIFVI, Messrs. Windels and Svagna each has held his respective position since 2003.

² President since January 2021; previously, Vice President.

³ Chief Legal Officer since July 2021.

⁴ Vice President and Secretary since 2018; previously, Vice President and Assistant Secretary.

Each officer serves until his or her respective successor has been duly elected and qualified or until his or her earlier death, resignation, retirement or removal. The address of each officer is 240 Greenwich Street, New York, New York 10286.

CERTAIN PORTFOLIO MANAGER INFORMATION

The following table lists the number and types of accounts (including the funds) advised by each fund's primary portfolio manager(s) and assets under management in those accounts as of the end of the last fiscal year of the funds they manage. If a portfolio manager is a primary portfolio manager for multiple funds with different fiscal year ends, information is provided as of the most recent last fiscal year end of the relevant funds, except if otherwise indicated.

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¹ Because Mr. Piskorowski became a primary portfolio manager of BNYMTGF as of October 25, 2022, his information is as of September 30, 2022.

² Because Ms. Sampson became a primary portfolio manager of BNYMDIF as of January 13, 2023, her information is as of December 31, 2022.

The following table provides information on accounts managed (included within the table above) by each primary portfolio manager that are subject to performance-based advisory fees.

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The following table lists the dollar range of fund shares beneficially owned by the primary portfolio manager(s) as of the end of the fund's last fiscal year, except if otherwise indicated.

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¹ Mr. Piskorowski became a primary portfolio manager of BNYMTGF as of October 25, 2022, and, as of September 30, 2022, he did not own any shares of the fund.

² Ms. Sampson became a primary portfolio manager of BNYMDIF as of January 13, 2023, and, as of December 31, 2022, she did not own any shares of the fund.

³ Mr. Stavena became a primary portfolio manager for BNYMBOF as of June 29, 2022, and, as of May 31, 2022, he did not own any shares of the fund.

ADVISERS' COMPENSATION; COMPLIANCE SERVICES

Advisers' Compensation

For each fund's last three fiscal years, the management fees payable by the fund, the reduction, if any, in the amount of the fee paid due to fee waivers and/or expense reimbursements by BNYM Investment Adviser and the net fees paid by the fund were as follows:

¹ BNYM Investment Adviser receives no compensation for its management services to the fund. However, the Underlying Funds pay management fees to BNYM Investment Adviser or its affiliates.

² BNYM Investment Adviser also is the investment adviser for DTR Commodity Fund Ltd., a wholly-owned and controlled subsidiary of BNYMDTRF, and has engaged NIMNA to serve as the subsidiary's sub-adviser. BNYMDTRF has agreed to pay BNYM Investment Adviser a management fee at the annual rate of 1.10% of the value of the subsidiary's average daily net assets. BNYM Investment Adviser has contractually agreed, for so long as BNYMDTRF invests in the subsidiary, to waive the management fee it receives from BNYMDTRF in an amount equal to the management fee paid to BNYM Investment Adviser by the subsidiary. For fiscal years 2020, 2021 and 2022, the management fee payable by BNYMDTRF amounted to $390,494, $205,776 and $265,640, respectively, all of which amounts were waived by BNYM Investment Adviser.

³ BNYM Investment Adviser also is the investment adviser for GRR Commodity Fund Ltd., a wholly-owned and controlled subsidiary of BNYMGRRF, and has engaged NIM to serve as the subsidiary's sub-adviser. BNYMGRRF has agreed to pay BNYM Investment Adviser a management fee at the annual rate of .75% of the value of the subsidiary's average daily net assets. BNYM Investment Adviser has contractually agreed, for so long as BNYMGRRF invests in the subsidiary, to waive the management fee it receives from BNYMGRRF in an amount equal to the

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management fee paid to BNYM Investment Adviser by the subsidiary. For fiscal years 2020, 2021 and 2022, the management fee payable by BNYMDTRF amounted to $2,522,350, $1,673,234 and $690,692, respectively, all of which amounts were waived by BNYM Investment Adviser.

The contractual fee rates paid by BNYM Investment Adviser to a fund's Sub-Adviser, if any, and the effective rate paid in the last fiscal year, are as follows (expressed as an annual rate as a percentage of the fund's average daily net assets):

^* NIMNA or INA, as applicable, was appointed as Sub-Adviser effective September 1, 2021.

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For a fund's last three fiscal years, the fees payable by BNYM Investment Adviser to the fund's Sub-Adviser, if any, the reduction, if any, in the amount of the fee paid due to fee waivers by the Sub-Adviser and the net fees paid were as follows:

^* NIMNA or INA, as applicable, was appointed as Sub-Adviser effective September 1, 2021.

^** Prior to September 1, 2021, Mellon was Sub-Adviser.

Compliance Services

The funds' compliance program is developed, implemented and maintained by the funds' CCO and the CCO staff. The funds bear the CCO's compensation (which is approved by the boards), as well as the compensation of the CCO staff and the expenses of the CCO and the CCO staff (including administrative expenses). The CCO and the CCO staff work exclusively on the compliance program and related matters for the funds and other funds in the BNY Mellon Family of Funds and BNY Mellon Funds Trust, and compensation and expenses of the CCO and the CCO staff generally are allocated among such funds based on an equal amount per fund with incremental amounts allocated to funds with more service providers (including Sub-Advisers). Such compensation and expenses for the funds' last fiscal years were as follows:

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^* For unitary fee funds, such compensation and expenses are borne by BNYM Investment Adviser.

SECURITIES LENDING ACTIVITIES

The dollar amounts of income and fees and compensation paid to all service providers (including fees, if any, paid to BNYM Investment Adviser for cash collateral management and fees paid to BNY Mellon as securities lending agent), related to certain funds' securities lending activities during the most recent fiscal year* were as follows:

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