Historical Prices

Start Date End Date

BNY Mellon Active MidCap Fund

Overview

Why invest in this Fund?

The fund seeks to maximize capital appreciation by normally investing at least 80% of its assets, plus any borrowings for investment purposes, in the stocks of midsized companies. The fund defines "midsized companies" as companies included in the Russell Midcap Index at the time of purchase. The fund's portfolio managers apply a systematic, quantitative investment approach designed to identify and exploit relative misvaluations primarily within mid-cap stocks in the U.S. stock market.
Min. class investment
$1,000
Class Inception Date
01/29/85
Fund Assets
$382,515,935  As of  06/04/20
Class Assets
$360,950,915  As of  06/04/20
Portfolio Turnover Rate
81.43%  As of fiscal year end  12/31/19
Morningstar Category
Mid-Cap Blend
Benchmark
Russell Midcap Index
Morningstar Overall Rating
Fund Holdings
206  As of  04/30/20

Morningstar Rating™ as of May 31, 2020 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Mid-Cap Blend category. Fund ratings are out of 5 Stars: Overall 3 Stars (373 funds rated); 3 Yrs. 2 Stars (373 funds rated); 5 Yrs. 2 Stars (296 funds rated); 10 Yrs. 3 Stars (217 funds rated). The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. ©2018 Morningstar, Inc. 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 this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

Portfolio Managers

  • Logan, Adam

    Adam Logan

    Mellon Investments Corporation

    1 yr(s). on fund

  • Yao, Chris

    Chris Yao

    Mellon Investments Corporation

    1 yr(s). on fund

  • Goslin, Peter

    Peter Goslin

    Portfolio Manager, Mellon Investments Corporation

    3 yr(s). on fund

  • Zamil, Syed A.

    Syed A. Zamil

    CFA, Portfolio Manager, Mellon Investments Corporation

    3 yr(s). on fund

Performance

Average Annual Returns

Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load

Month End

As of  05/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Active MidCap Fund
DNLDX
 -5.81 -1.10 0.97 8.29 9.61 01/29/85
Russell Midcap Index
 2.63 5.51 5.94 11.43 - -

Quarter End

As of  03/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Active MidCap Fund
DNLDX
 -24.92 -6.89 -2.41 5.92 9.11 01/29/85
Russell Midcap Index
 -18.31 -0.81 1.85 8.77 - -

Cumulative Returns

Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load

Month End

As of  05/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Active MidCap Fund
DNLDX
 -5.81 -3.26 4.92 121.67 2,459.85 01/29/85
Russell Midcap Index
 2.63 17.46 33.42 195.07 - -

Quarter End

As of  03/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Active MidCap Fund
DNLDX
 -24.92 -19.27 -11.48 77.72 2,045.82 01/29/85
Russell Midcap Index
 -18.31 -2.41 9.59 131.74 - -

DUE TO HIGH MARKET VOLATILITY IN MARCH 2020, CURRENT PERFORMANCE MAY BE LOWER THAN THE FIGURES SHOWN.


The Russell Midcap® Index measures the performance of the mid-cap segment of the U.S. equity universe. The Russell Midcap® Index is a subset of the Russell 1000® Index. It includes approximately 800 of the smallest securities based on a combination of their market cap and current index membership. The Russell Midcap® Index represents approximately 31% of the total market capitalization of the Russell 1000 companies. The Russell Midcap® Index is constructed to provide a comprehensive and unbiased barometer for the mid-cap segment. The index is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true mid-cap opportunity set.

Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

Growth of $10,000 Investment

Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

Historical Performance

    These figures do not reflect the maximum sales charge which, if included, would reduce return.

    Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

    Yearly Total Return

    Yearly

    Fund 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    DNLDX
    		 16.95% -14.31% 16.64% 8.81% 1.69% 14.58% 35.50% 18.74% -5.21% 17.62%

    Investment return fluctuates and past performance is no guarantee of future results.

    Fees & Expenses

    Prospectus Fee Table Expense Ratios

    As of  06/01/20 Fee Description Expense Ratio (%)
    Management Fee 0.75%
    Service Fee 0.25%
    Other Expenses 0.13%
    Total Expenses 1.13%
    Expenses Reimbursed 0.25%
    Net Expenses 0.88%
    Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
    The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed to waive receipt of a portion of its management fee in the amount of .25% of the value of the fund's average daily net assets from June 1, 2020 until November 30, 2020. On or after November 30, 2020, BNY Mellon Investment Adviser, Inc. may terminate this waiver agreement at any time.

    Sales Charge

    Investment Amount Sales Charge
    Less than $50,000 5.75%
    Less than $100,000 4.50%
    Less than $250,000 3.50%
    Less than $500,000 2.50%
    Less than $1,000,000 2.00%
    Over $1,000,000 0.00%
    There is a 1% CDSC for purchases of $1,000,000 and over if redeemed within one year of purchase.
    Portfolio

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. The fund is managed by a team of portfolio managers who are members of the Multi-Factor Equity team at Mellon Investments Corporation (Mellon), an affiliate of BNY Mellon Investment Adviser, Inc. (BNYM Mellon Investment Adviser). The team members who are jointly and primarily responsible for managing the fund's portfolio are Peter D. Goslin, CFA, Syed A. Zamil, CFA, Adam Logan, CFA and Chris Yao, CFA. Mr. Goslin has been a primary portfolio manager of the fund since February 2015. Mr. Zamil has been a primary portfolio manager of the fund since March 2017. Messrs. Logan and Yao have been primary portfolio managers of the fund since December 2019. Mr. Goslin is a director and senior portfolio manager at Mellon, where he leads the Multi-Factor Equity team. Mr. Zamil is a managing director and global investment strategist for the Multi-Factor Equity team at Mellon. Mr. Logan is a senior portfolio manager on the Multi-Factor Equity team at Mellon. Mr. Yao is head of Equity Quantitative research at Mellon. The portfolio managers manage the fund in their capacity as employees of BNY Mellon Investment Adviser, Inc.

    Top Holdings

    As of  04/30/20   Holdings % Portfolio  Weight
    Cadence Design Systems 1.55
    AutoZone 1.50
    Clorox 1.48
    Mettler-Toledo International 1.47
    Mid-America Apartment Communities 1.45
    IDEXX Laboratories 1.41
    Incyte 1.36
    Verisign 1.36
    Hershey 1.36
    CDW 1.36

    Asset Allocation

        Stats & Risks

        Daily Statistics

        As of  06/04/20 Name NAV Change 11/27/19  12 Month 
        High Nav        		 03/23/20  12 Month 
        Low Nav        		 YTD Return
        DNLDX
        		 $48.52
        -$0.10
        -0.21%
        		 $56.09 $33.49 -10.17%

        Performance Metrics

        Overall Morningstar Rating

        MORNINGSTAR CATEGORY Mid-Cap Blend

        Morningstar Rating™ as of 05/31/20 for the Class A shares; other classes may have different performance characteristics. Overall rating for the Mid-Cap Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (886 funds rated); 3 Yrs. 2 Stars (373 funds rated); 5 Yrs. 2 Stars (296 funds rated); 10 Yrs. 3 Stars (217 funds rated).
        The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. © Morningstar, Inc. 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 this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

        Lipper Rankings

        • 1 Year
          394 out of 402
        • 3 Year
          373 out of 376
        • 5 Year
          336 out of 340
        • 10 Year
          259 out of 264

        LIPPER CLASSIFICATION Mid-Cap Core Funds

        Lipper Category returns and rankings are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

        Main Risks

        Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.
        Small and midsized company stocks tend to be more volatile and less liquid than larger company stocks as these companies are less established and have more volatile earnings histories.
        Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
        Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

        Risk Metrics

        As of  05/31/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DNLDX
        		 19.52 -11.48 1.12 93.85 -0.05
        Distributions

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Dec 31
        Year Dividend ($) Capital Gains ($)
        2020 0.0190 0.5260
        2019 0.2496 1.2592
        2018 0.2610 5.0985
        2017 0.2404 6.8221
        2016 0.1819 0.4160
        2015 0.3261 1.3999
        2014 0.1483 0.0000
        2013 0.2996 0.0000
        2012 0.4330 0.0000
        2011 0.0604 0.0000
        There is no guarantee that the fund will distribute any level annually. Capital gains may be short-term, long-term, or both.

        Distributions History

        (Values Listed In $) Ordinary 
        Non-Qualified 
        Dividends        		 Qualified 
        Dividends        		 Non-Qualified 
        Short-Term 
        Capital Gain        		 Qualified 
        Short-Term 
        Capital Gain        		 Long-Term 
        Capital Gain        		 Total 
        Distribution        		 Reinvest 
        NAV
        DNLDX
        		 0.0000 0.0190 0.0000 0.0000 0.5260 0.5450 39.94
        Record Date Ex-Dividend Date Payable Date
        DNLDX
        		 03/25/20 03/26/20 03/26/20
        (Values Listed In $) Distribution Status Ordinary 
        Non-Qualified 
        Dividends        		 Qualified 
        Dividends        		 Non-Qualified 
        Short-Term 
        Capital Gain        		 Qualified 
        Short-Term 
        Capital Gain        		 Long-Term 
        Capital Gain        		 Total 
        Distribution        		 Reinvest 
        NAV
        DNLDX
        		 Final 0.0000 0.1890 0.0000 0.0000 1.2397 1.4287 54.68
        Record Date Ex-Dividend Date Payable Date
        DNLDX
        		 12/18/19 12/19/19 12/19/19
        Literature