The BNY Mellon Core Plus Fund is managed by experienced portfolio managers from Insight North America LLC, led by James DiChiaro as Senior Portfolio Manager since August 2019, Scott Zaleski, CFA as Senior Portfolio Manager since November 2023, and Brendan Murphy, CFA as Head of Fixed Income North America since February 2024. The fund commenced operations on February 2, 2018, and is part of BNY Mellon Absolute Insight Funds, Inc. The management team brings extensive fixed-income expertise with a focus on proprietary credit research and multi-sector allocation strategies. The fund offers multiple share classes (A, C, I, Y) with different fee structures and distribution channels. As of January 2026, the fund manages $2.6 billion in assets across 697 securities with a portfolio turnover rate of 111.76%. The management approach emphasizes deliberate sector allocation and security selection rather than duration timing.

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The BNY Mellon Core Plus Fund seeks high total return consistent with preservation of capital through a diversified portfolio of fixed-income securities of U.S. and foreign issuers. The fund normally invests primarily in fixed-income securities rated investment grade or comparable quality, with up to 25% in below investment grade bonds. The portfolio maintains an average effective duration between three and eight years. Insight North America LLC employs proprietary credit research focusing on sector and security selection, assessing value across duration and yield curve, credit and sector strategy, and security selection. The core plus strategy invests deliberately across the full range of credit markets and is designed to be the backbone of fixed income allocation. The strategy implements Insight's Units of Risk approach to scale multi-sector fixed income allocations in a precise and deliberate manner. The investment approach has achieved top quartile performance with alpha historically dominated by sector and security selection across multiple sectors.

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