M&A - BNY Mellon U.S. Mortgage Fund, Inc.

Form Type: 497

Filing Date: 2025-02-10

Corporate Action: Merger

Type: New

Accession Number: 000076215625000001

Filing Summary: The Board of Directors of BNY Mellon U.S. Mortgage Fund, Inc. has approved, subject to shareholder approval, an Agreement and Plan of Reorganization between the Fund and BNY Mellon Core Plus Fund. This Agreement involves the transfer of the Fund's assets to the Acquiring Fund in a tax-free exchange for various classes of shares of the Acquiring Fund. It also includes the assumption by the Acquiring Fund of the Fund's stated liabilities, the distribution of shares to the corresponding class holders, and the subsequent termination of the Fund. Shareholders as of December 9, 2024, are asked to approve this Agreement at a special meeting on or about February 13, 2025. If approved, the Reorganization will occur on or about March 28, 2025. A Prospectus/Proxy Statement regarding the proposed Reorganization was sent to the shareholders on or about December 12, 2024.