Historical Prices

Start Date End Date

BNY Mellon Select Managers Small Cap Value Fund

Why invest in this Fund?

The fund seeks capital appreciation. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of small cap companies. The fund currently considers small cap companies to be those companies with market capitalizations that fall within the range of companies in the Russell 2000 Value Index at the time of purchase.
Min. class investment
$1,000
Class Inception Date
12/17/08
Fund Assets
$628,050,726  As of  04/21/21
Class Assets
$1,664,289  As of  04/21/21
Portfolio Turnover Rate
86.50%  As of fiscal year end  11/30/20
Morningstar Category
Small Blend
Benchmark
Russell 2000(r) Value Index
Morningstar Overall Rating
Fund Holdings
395  As of  03/31/21

Morningstar Rating™ as of March 31, 2021 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Small Blend category. Fund ratings are out of 5 Stars: Overall 3 Stars (609 funds rated); 3 Yrs. 4 Stars (609 funds rated); 5 Yrs. 3 Stars (512 funds rated); 10 Yrs. 3 Stars (361 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. ©2021 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

  • Kolano, Stephen

    Stephen Kolano

    Head of Multi-Asset Solutions, BNY Investment Strategy & Solutions Group

    3 yr(s). on fund

  • Goncharova, Elena

    Elena Goncharova

    1 yr(s). in industry

    3 yr(s). on fund


Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Select Managers Small Cap Value Fund
DMVAX
91.25 13.32 14.23 10.20 13.73 12/17/08
As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Select Managers Small Cap Value Fund
DMVAX
91.25 13.32 14.23 10.20 13.73 12/17/08
Russell 2000(r) Value Index
97.05 11.57 13.56 10.06 - -
Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Select Managers Small Cap Value Fund
DMVAX
91.25 45.51 94.47 164.05 385.20 12/17/08
As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Select Managers Small Cap Value Fund
DMVAX
91.25 45.51 94.47 164.05 385.20 12/17/08
Russell 2000(r) Value Index
97.05 38.88 88.88 160.79 - -
The Russell 2000® Value Index measures the performance of the small-cap value segment of the U.S. equity universe. It includes those Russell 2000 companies that are considered more value-oriented relative to the overall market as defined by Russell’s leading style methodology. The Russell 2000® Value Index is constructed to provide a comprehensive and unbiased barometer for the small-cap value segment. The index is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true small-cap opportunity set and that the represented companies continue to reflect value characteristics.

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

    Fund 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
    DMVAX
    17.09% 24.63% -15.19% 12.09% 21.81% -7.84% 3.01% 39.04% 17.66% -5.37%

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


    Prospectus Fee Table Expense Ratios

    As of  03/31/21 Fee Description Expense Ratio (%)
    Management Fee 0.90%
    Service Fee 0.25%
    Other Expenses 0.29%
    Total Expenses 1.44%
    Expenses Reimbursed 0.14%
    Net Expenses 1.30%
    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, until March 31, 2022, 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 classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 1.05%. On or after March 31, 2022, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation 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 Manager/Sub-Investment Adviser

    BNY Mellon Investment Adviser, Inc., the fund’s investment adviser, assumes the portfolio allocation management responsibilities for evaluating and recommending subadvisers for the fund and determining the portion of the fund’s assets to be managed by each subadviser. BNY Mellon Investment Adviser, Inc. also is responsible for monitoring and evaluating the performance of the subadvisers for the fund and recommending to the fund’s board whether a subadviser should be terminated. Stephen Kolano and Elena Goncharova are jointly and primarily responsible for the evaluation, recommendation and monitoring of subadvisers for the fund. Mr. Kolano is the Chief Investment Officer of BNY Mellon, a registered investment adviser. Ms. Goncharova is a portfolio manager with BNY Mellon Investor Solutions, LLC. Mr. Kolano and Ms. Goncharova have been employed by The Bank of New York Mellon Corporation since 2002 and 2012, respectively. Mr. Kolano and Ms. Goncharova perform their responsibilities for the fund in their capacity as employees of BNY Mellon Investment Adviser, Inc. The fund’s sub-advisers are Channing Capital Management, LLC, Walthausen & Co., LLC, Eastern Shore Capital Management, Neuberger Berman Investment Advisers LLC, Heartland Advisors, Inc. and Rice Hall James & Associates, LLC.

    Top Holdings

    As of 03/31/21
    Holdings % Portfolio Weight
    Kennametal 1.20
    Stifel Financial 1.17
    Independent Bank 1.10
    Louisiana-Pacific 0.95
    TreeHouse Foods 0.95
    Rexnord 0.94
    Artisan Partners Asset Management 0.91
    Marriott Vacations Worldwide 0.88
    Harsco 0.82
    MaxLinear 0.80

    Asset Allocation


        Daily Statistics

        As of  04/21/21 Name NAV Change 03/15/21  12 Month 
        High Nav
        05/13/20  12 Month 
        Low Nav
        YTD Return
        DMVAX
        $29.24
        $0.58
        2.02%
        $30.40 $16.55 18.08%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Small Blend


        Morningstar Rating™ as of 03/31/21 for the Class A shares; other classes may have different performance characteristics. Overall rating for the Small Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (1482 funds rated); 3 Yrs. 4 Stars (609 funds rated); 5 Yrs. 3 Stars (512 funds rated); 10 Yrs. 3 Stars (361 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
          392 out of 879
        • 3 Year
          237 out of 824
        • 5 Year
          242 out of 721
        • 10 Year
          248 out of 500

        LIPPER CLASSIFICATION Small-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.
        Multi-manager risk means each sub adviser makes investment decisions independently, and it is possible that the investment styles of the sub advisers may not complement one another. Consequently, the fund's exposure to a given stock, industry or investment style could be greater or smaller than if the fund had a singleadviser.
        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  03/31/21, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DMVAX
        25.26 -5.72 1.26 84.83 0.57

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Nov 30
        Year Dividend ($) Capital Gains ($)
        2021 0.0000 0.2573
        2020 0.0380 1.1186
        2019 0.0084 0.3889
        2018 0.0006 2.6920
        2017 0.0000 1.4849
        2016 0.0744 0.0202
        2015 0.1139 1.2792
        2014 0.0000 2.9193
        2013 0.0784 2.1364
        2012 0.0002 0.9914
        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
        DMVAX
        - 0.0000 - 0.0000 0.2573 0.2573 28.10
        Record Date Ex-Dividend Date Payable Date
        DMVAX
        03/26/21 03/29/21 03/29/21
        (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
        DMVAX
        Final 0.0000 0.0380 0.0000 0.0000 1.0741 1.1121 24.96
        Record Date Ex-Dividend Date Payable Date
        DMVAX
        12/29/20 12/30/20 12/30/20