BNY MELLON INVESTMENT ADVISER, INC.
240 Greenwich Street

New York, New York 10286

July 23, 2025

BNY Mellon Short Term Municipal Bond Fund

240 Greenwich Street
New York, New York 10286

Re: Expense Limitation

To Whom It May Concern:

Effective August 1, 2025, BNY Mellon Investment Adviser, Inc., intending to be legally bound, hereby confirms its agreement in respect of BNY Mellon Short Term Municipal Bond Fund (the "fund"), as follows:

 

The fund's investment adviser, BNY Mellon Investment Adviser, Inc. has contractually agreed, until August 1, 2026, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the fund's share classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .39%. On or after August 1, 2026, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

 

This Agreement may only be amended by agreement of the fund, upon the approval of the Board of Directors of the fund and BNY Mellon Investment Adviser, Inc., to lower the net amounts shown and may only be terminated prior to August 1, 2026, in the event of termination of the Management Agreement between BNY Mellon Investment Adviser, Inc. and the fund.

 

BNY MELLON INVESTMENT ADVISER, INC.

 

 

 

By: /s/ James Windels
                                                 James Windels 

Vice President and Director

 

Accepted and Agreed To:

 

BNY MELLON SHORT TERM MUNICIPAL BOND FUND

 

 

 

By: /s/ Deirdre Cunnane

Deirdre Cunnane

Assistant Secretary