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Release Date: 06-30-2021 BNY Mellon Bond Market Index Inv DBMIX ...... Benchmark Overall Morningstar Rating™ Morningstar Return Morningstar Risk BBgBarc US Agg Bond TR USD QQ Below Average Below Average Out of 403 Intermediate Core Bond . An 's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure page for details.

Investment Information Performance as of 06-30-21 Investment Objective & Strategy from investment's prospectus 20 Total Return % The investment seeks to match the total return of the 15 as of 06-30-21 Investment Bloomberg U.S. Aggregate Bond Index. 10 Benchmark To pursue its goal, the fund normally invests at least 5 80% of its net assets, plus any borrowings for investment 0 purposes, in bonds that are included in the Bloomberg -5 Barclays U.S. Aggregate Bond Index (or other instruments -10 Average annual, if greater with similar economic characteristics). The Bloomberg -15 than 1 year Barclays U.S. Aggregate Bond Index is a broad-based, YTD 1 Year 3 Year 5 Year 10 Year Since Inception unmanaged index that covers the U.S. dollar-denominated, investment grade (Baa/BBB or higher), fixed-rate, taxable -1.71 -0.74 5.00 2.62 2.94 4.82 Investment Return % -1.60 -0.33 5.34 3.03 3.39 5.35 Benchmark Return % bond market...... -1.22 0.77 5.26 3.02 3.31 4.81 Category Average % Fees and Expenses as of 03-01-21 . . QQ QQ QQ . Morningstar Rating™ Prospectus Gross Expense Ratio 0.41 % . . 403 348 264 . # of Funds in Category Total Annual Operating Exp per $1000 $ 4.10 Maximum Sales Charge . The performance data quoted reflects past performance and is calculated according to Morningstar’s methodology. For 12b-1 Fee 0.25% YTD YTD YTD YTD YTD YTD new share classes of an investment, the performance reflected for periods prior to the inception date of such class may Redemption Fee/Term . have been calculated using the historical returns of the original share class, and in such cases is displayed in italics. The Portfolio Manager(s) historical returns of the original share class are adjusted to reflect differences in fees when the newer share class has Nancy G. Rogers, CFA. M.B.A., Drexel University 1992. B.S., higher fees than the oldest share class but are not adjusted when the newer class has lower fees. Past performance does Drexel University 1987. not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s Paul L. Benson, CFA. B.A., University of Michigan. shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower than the performance data quoted. For the most recent month end performance information, please call 1-800-922-9945, or visit Operations and Management rps.troweprice.com. Fund Inception Date 04-28-94 Management Company BNY Mellon Investment Adviser, Portfolio Analysis Inc. Composition as of 05-31-21 % Assets Morningstar Style Box™ as of 03-31-21

Telephone 800-373-9387 High U.S. Stocks 0.0 Avg Eff Duration 6.42 Web Site www.dreyfus.com Non-U.S. Stocks 0.0 Avg Eff Maturity 8.27 Issuer BNY Mellon Med Bonds 87.6 Avg Credit Quality .

Category Description: Intermediate Core Bond Cash 11.5 Low Avg Wtd Coupon 2.75 Intermediate-term core bond portfolios invest primarily in Other 0.8 Avg Wtd Price 106.85 investment-grade U.S. fixed-income issues including Ltd Mod Ext government, corporate, and securitized debt, and hold less than 5% in below-investment-grade exposures. Their Top 10 Holdings as of 05-31-21 % Assets Morningstar F-I Sectors as of 05-31-21 % Fund % Category durations (a measure of interest-rate sensitivity) typically Dreyfus Instl Preferred Gov Plus MMkt 11.56 ⁄ Government 37.96 24.91 range between 75% and 125% of the three-year average of Federal National Mortgage Associatio 2% 06-01-51 3.27 › Corporate 23.67 27.86 the effective duration of the Morningstar Core Bond Index. Federal National Mortgage Associat 2.5% 06-01-51 1.84 € Securitized 26.23 32.47 Volatility And Risk Government National Mortgage 0.95 ‹ Municipal 0.60 4.69 Investment Assoc 2.5% 06-20-51 fi Cash/Cash Equivalents 11.54 8.36 Government National Mortgage 0.76 ± Other 0.00 1.71 Low Moderate High Associa 2% 06-20-51 ...... Category Federal National Mortgage Associatio 2% 06-01-36 0.67 Credit Analysis: % Bonds as of 03-31-21 AAA 71 BB 0 Best 3 Month Return Worst 3 Month Return Federal National Mortgage Associat 3.5% 06-01-51 0.61 Federal National Mortgage Associat 1.5% 06-01-51 0.58 AA 3 B 0 6.27% -3.39% A 11 Below B 0 (Nov '08 - Jan '09) (Jan '21 - Mar '21) Treasury Notes 0.88% 11-15-30 0.51 Federal National Mortgage Associatio 3% 06-01-51 0.50 BBB 15 Not Rated 0 ...... Total Number of Stock Holdings 0 Total Number of Bond Holdings 2863 Turnover Ratio % 133.65 Total Assets ($mil) 1,189.01

Principal Risks For more information on the risks presented, please refer to https://www2.troweprice.com/rms/rps/Marketing/Assets/OAAU130- RISK.pdf Credit and Counterparty, Foreign Securities, Loss of Money, Not FDIC Insured, High Portfolio Turnover, Index Correlation/Tracking Error, Issuer, Interest Rate, Market/Market Volatility, Mortgage-Backed and Asset-Backed Securities, Restricted/Illiquid Securities, U.S. Government Obligations, Fixed-Income Securities, Sampling

DBMIX ©2021 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to ® Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future ß performance. Visit our investment website at www.morningstar.com.