BSRXX — BNY Dreyfus Stablecoin Reserves Fund
Data updated: 2025-11-12
BSRXX — BNY Dreyfus Stablecoin Reserves Fund. Money Market · 0.18% expense ratio. Holdings, fees, performance and SEC filings.
BSRXX Fund Overview
BSRXX — BNY Dreyfus Stablecoin Reserves Fund is a US mutual fund managed by Dreyfus Institutional Liquidity Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Dreyfus Institutional Liquidity Funds
- Category: Money Market
- Ticker: BSRXX
- SEC CIK: 0001717375
- SEC series ID: S000096464
- Share class ID: C000265299
BSRXX Investment Objective and Strategy
BNY Dreyfus Stablecoin Reserves Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Dreyfus Institutional Liquidity Funds.
Investment objective
The fund seeks as high a level of current income as is consistent with the preservation of capital and the maintenance of liquidity.
Principal investment strategy
The fund pursues its investment objective by investing in (i) U.S. Treasury bills, notes, or bonds (collectively, U.S. Treasury securities), (ii) overnight repurchase agreements collateralized solely by U.S. Treasury securities and/or cash, and (iii) cash. The fund is a money market fund subject to the maturity, quality, liquidity and diversification requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended, and seeks to maintain a stable share price of $1.00. The U.S. Treasury securities in which the fund invests have a maturity of 93 days or less. The fund is a "government money market fund," as that term is defined in Rule 2a-7, and as such is required to invest at least 99.5% of its total assets in securities issued or guaranteed as to principal and interest by the U.S.
government or its agencies or instrumentalities, repurchase agreements collateralized solely by cash and/or government securities, and cash. The fund seeks to enter into repurchase agreements that present minimal credit risk, based on an assessment by Dreyfus, a division of Mellon Investments Corporation (Dreyfus), the fund's sub ‑ adviser, of the counterparty's credit quality and capacity to meet its financial obligations, among other factors. Shares of the fund are intended to serve as reserves backing outstanding payment stablecoins. The fund does not invest in stablecoins.
BSRXX Holdings
Top 9 holdings of BNY Dreyfus Stablecoin Reserves Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Bofa Securities, Inc. | 20.99% |
| Credit Agricole Cib | 16.79% |
| Northern Trust Company - Fixed Income Clearing Corp. | 14.00% |
| Treasury Bill | 11.19% |
| Treasury Bill | 11.17% |
| Treasury Bill | 11.15% |
| Treasury Bill | 8.37% |
| Treasury Bill | 5.58% |
| Treasury Bill | 5.57% |
BSRXX Costs and Fees
BSRXX costs about $18 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.18%
- Gross expense ratio: 0.25%
BSRXX Debt Constituents
No individual debt constituents are reported in BNY Dreyfus Stablecoin Reserves Fund's latest SEC N-PORT filing.
BSRXX Prospectus and SEC Filings
Official BNY Dreyfus Stablecoin Reserves Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.