Frequently Asked Questions

1. Why did I receive this check?

You are receiving this check because our records indicate that you were formerly a shareholder in a BNY Mellon/Dreyfus fund that is now closed. After closing the funds, the funds received residual cash and/or proceeds from multiple class action distributions resulting in BNYM Funds making a disbursement to the former shareholders.

As a former investor in one of the closed BNY Mellon and/or Dreyfus Funds, you are being paid your pro-rata share of these proceeds based on your share balance as of the close date of the fund.

2. What is this distribution about?

BNY Mellon Funds received residual cash and/or payments from multiple distributions on a series of closed funds. As a former investor, you are being paid your pro-rata share of these proceeds based on your share balance as of the close date of the fund.

3. Who is included in this distribution? Or how do I know if I am part of the distribution?

You are part of this distribution because our records indicate that you were a shareholder of one or more of the affected funds at the time they were liquidated and closed. Eligible shareholders will receive a one-time distribution based on the size and timing of their investments.

4. What is my distribution amount based on? Why did I receive this amount?

You are being provided with your pro-rata share of the distribution dollars based on your share balance as of the date the fund closed.

5. How long do I have to cash the check?

All checks are issued with an expiration date. It is important that you cash your check(s) as soon as possible to insure that you receive all money that was allocated to you from the distribution. Checks will be marked VOID after the issuance date printed on the face of the check has expired. Checks WILL NOT be honored after the expiration date.

6. What happens if I do not cash the distribution check?

All funds that are not negotiated will be held until such time that BNY Mellon Funds determines that the distribution process has been completed.

7. What if the check cashing period has ended?

Once the time for cashing checks has passed, the remaining funds will be returned to BNY Mellon and handled in accordance with their fund policies. DO NOT attempt to negotiate your check(s) after this point as it will no longer be valid and your banking institution may charge you a fee for presenting a stale check.

8. What are the tax ramifications of this distribution? Will I receive a Form 1099 to use when filing my taxes?

If you received a distribution of $600 or more, negotiate the payment, and are not a corporation or invested in a retirement account, you may receive an IRS form 1099-MISC, and this will be reported as income to the IRS for the tax year the payment was issued.

You should consult with your financial advisor or tax professional to determine the appropriate tax treatment for your situation.

9. My check(s) has been lost/destroyed. What should I do?

You can request a replacement check by calling us or sending a signed letter requesting a replacement check.

We will reissue a replacement check exactly as it was originally issued. Please allow 7-10 business days from the date we receive your original request to receive the replacement check.

10. What if I don't receive a check but I believe I should? What do I need to do if I disagree with the amount of the distribution check I received?

Payments are based on share balance records that were extracted directly from the transfer agent's record keeping system for the BNY Mellon Funds. If you believe you should receive a check and did not, or you do not agree with the amount you did receive, you will need to send a letter along with any supporting documentation. The address is:

BNYM Closed Fund Distribution
ATTN: SS&C GIDS, Inc.
PO Box 219957
Kansas City, MO 64121-9957

Disputes relating to the payments will be considered and resolved in consultation with BNY Mellon Funds.