March 16, 2022
BNY MELLON FAMILY
OF FUNDS
Supplement to Current
Prospectus of Long-Term Funds Offering Class A and/or Class C Shares
Effective March
17, 2022, the following information supplements and supersedes and replaces the information contained in the section
of the fund's Prospectus entitled "Appendix — Sales Charge Reductions and Waivers Available from Certain Financial Intermediaries
— Merrill Lynch":
Front-end sales charge waivers on Class A shares purchased
through Merrill Lynch
Shareholders purchasing Class A shares
of the fund through an omnibus account maintained with Merrill Lynch are eligible only for the following sales charge waivers, which may
differ from those disclosed elsewhere in this prospectus or the SAI. Such shareholders may purchase Class A shares at NAV without payment
of a sales charge as follows:
| · | shares
purchased by employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts
used to fund those plans, provided that the shares are not held in a commission-based brokerage account and the shares are held for the
benefit of the plan |
| · | shares
purchased by or through a 529 plan (not including 529 Plan units or 529-specific share classes or equivalents) |
| · | shares
purchased through a Merrill Lynch-affiliated investment advisory program. |
| · | shares
purchased by third party investment advisors on behalf of their advisory clients through Merrill Lynch's platform |
| · | shares
purchased through the Merrill Edge Self-Directed platform |
| · | shares
of the fund purchased through reinvestment of dividends and capital gains distributions of the fund when
purchasing shares
of the same
fund (but not of any other fund in the BNY Mellon Family of Funds) |
| · | shares
acquired through an exchange (i.e., conversion) of Class C shares of the fund that are no longer subject to a CDSC pursuant to Merrill
Lynch's policies relating to sales load discounts and waivers. |
| · | shares
purchased by employees and registered representatives of Merrill Lynch or its affiliates and their family members |
| · | shares
purchased by board members of the fund and employees of BNYM Investment Adviser or any of its affiliates, as described in this prospectus |
| · | shares
purchased from the proceeds of a redemption of shares of a fund in the BNY Mellon Family of Funds, provided (1) the repurchase occurs
within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject
to a front-end sales charge or CDSC (i.e., Right of Reinstatement). Automated transactions
(i.e., systematic purchases
and withdrawals) and
purchases made after
shares are automatically
sold to pay Merrill
Lynch's account maintenance
fees are not
eligible for reinstatement |
| · | shares
acquired through an exchange (i.e., conversion) from another share class of the fund as a result of the shareholder's holdings moving
from a Merrill Lynch affiliated investment advisory program to a Merrill Lynch brokerage (non-advisory) account pursuant to Merrill Lynch's
policies relating to sales load discounts and waivers. Merrill Lynch has agreed to be responsible for any CDSC due, if applicable. Any
future purchases of Class A are subject to the applicable sales charge as disclosed in this prospectus |
CDSC waivers on Class A and C shares purchased through Merrill
Lynch
Fund shares purchased through an omnibus
account maintained with Merrill Lynch are eligible only for the following CDSC waivers, which may differ from those disclosed elsewhere
in this prospectus or the SAI:
| · | redemptions
due to death or disability of the shareholder |
| · | shares
sold as part
of a systematic withdrawal
plan as described in
this prospectus |
| · | redemptions
made in connection with a return of excess contributions from an IRA account |
| · | shares
acquired through a Right of Reinstatement (as defined above) |
| · | redemptions
made as part of a required minimum distribution for IRA and retirement accounts pursuant to the Internal Revenue Code |
| · | redemptions
made to pay Merrill Lynch fees, but only if the redemption is initiated by Merrill Lynch |
| · | redemptions
of fund shares held in a retirement brokerage account that are exchanged for shares of a lower cost share class in connection with the
transfer to certain fee based accounts or platforms (applicable to Class A and C shares only) |
| · | shares
acquired through an exchange as a result of the shareholder's holdings moving from a Merrill Lynch affiliated investment advisory program
to a Merrill Lynch brokerage (non-advisory) account pursuant to Merrill Lynch's policies relating to sales load discounts and waivers.
Merrill Lynch has agreed to be responsible for any CDSC due, if applicable |
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