M&A - BNY MELLON FUNDS TRUST

Form Type: 497

Filing Date: 2025-06-11

Corporate Action: Merger

Type: New

Accession Number: 000174177325002495

Filing Summary: The Board of Trustees of BNY Mellon Funds Trust has approved, pending shareholder approval, the conversion of the BNY Mellon Income Stock Fund into an exchange-traded fund (ETF). This conversion involves the Fund reorganizing with BNY Mellon Enhanced Dividend and Income ETF through an Agreement and Plan of Reorganization. If shareholders approve the reorganization, assets will transfer from the Fund to the Acquiring ETF, with shareholders receiving Acquiring ETF shares based on their existing holdings. The Reorganization is slated to be consummated on or about December 5, 2025, after a special shareholders' meeting in September 2025. The restructuring aims to maintain shareholder interests, provide lower management fees, enhance tax efficiency, and allow intraday trading of ETF shares. Shareholders need to ensure their accounts can accept ETF shares to participate in the reorganization, or they may receive cash or other funds based on their situation. The transition will culminate in the Fund ceasing operations and terminating as part of the Trust.