Historical Prices

Start Date End Date

BNY Mellon Select Managers Small Cap Value Fund

Overview

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
$407,511,168  As of  07/10/20
Class Assets
$93,228  As of  07/10/20
Portfolio Turnover Rate
57.74%  As of fiscal year end  11/30/19
Morningstar Category
Small Blend
Benchmark
Russell 2000(r) Value Index
Morningstar Overall Rating
Fund Holdings
321  As of  06/30/20

Morningstar Rating™ as of June 30, 2020 for the Class C 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 (615 funds rated); 3 Yrs. 3 Stars (615 funds rated); 5 Yrs. 3 Stars (495 funds rated); 10 Yrs. 2 Stars (359 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

  • Kolano, Stephen

    Stephen Kolano

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

    2 yr(s). on fund

  • Goncharova, Elena

    Elena Goncharova

    2 yr(s). on fund

Performance

Average Annual Returns

Click here to see SALES CHARGE  Max Sales Charge:  1.00% CDSC Load

Month End

As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Select Managers Small Cap Value Fund
DMECX
 -7.81 -0.53 1.76 8.19 9.59 12/17/08
Russell 2000(r) Value Index
 -17.48 -4.35 1.26 7.82 - -

Quarter End

As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Select Managers Small Cap Value Fund
DMECX
 -7.81 -0.53 1.76 8.19 9.59 12/17/08
Russell 2000(r) Value Index
 -17.48 -4.35 1.26 7.82 - -

Cumulative Returns

Click here to see SALES CHARGE  Max Sales Charge:  1.00% CDSC Load

Month End

As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Select Managers Small Cap Value Fund
DMECX
 -7.81 -1.58 9.12 119.79 187.67 12/17/08
Russell 2000(r) Value Index
 -17.48 -12.49 6.45 112.33 - -

Quarter End

As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Select Managers Small Cap Value Fund
DMECX
 -7.81 -1.58 9.12 119.79 187.67 12/17/08
Russell 2000(r) Value Index
 -17.48 -12.49 6.45 112.33 - -
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.

Growth of $10,000 Investment

Historical Performance

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

    Yearly Total Return

    Yearly

    Fund 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    DMECX
    		 23.70% -15.77% 11.26% 20.91% -8.48% 2.25% 37.99% 16.80% -6.02% 26.69%

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

    Fees & Expenses

    Redemption Charge

    As of  07/12/20  Redemption Year CDSC
    Year 1 1.00
    Class C shares are subject to a contingent deferred sales charge (CDSC) imposed on Class C shares redeemed within one year of purchase.

    Prospectus Fee Table Expense Ratios

    As of  03/31/20 Fee Description Expense Ratio (%)
    Management Fee 0.90%
    12B-1 Fee 0.75%
    Service Fee 0.25%
    Other Expenses 0.22%
    Total Expenses 2.12%
    Expenses Reimbursed 0.07%
    Net Expenses 2.05%
    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, 2021, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the 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, 2021, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.
    Portfolio

    Portfolio Manager/Sub-Investment Advisor

    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 Director of Quantitative Research & Analysis for BNY Mellon Wealth Management and President of BNY Mellon Wealth Management's Investment Strategy and Solutions Group ("ISSG"), a registered investment adviser. Ms. Goncharova is a portfolio manager and investment strategist with ISSG. 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, and Kayne Anderson Rudnick Investment Management, LLC.

    Top Holdings

    As of  06/30/20   Holdings % Portfolio  Weight
    CoreLogic 1.45
    Darling Ingredients 1.43
    Scotts Miracle-Gro, Cl. A 1.15
    Stifel Financial 1.08
    QTS Realty Trust 0.94
    LCI Industries 0.90
    Cabot Microelectronics 0.90
    Wintrust Financial 0.89
    Brooks Automation 0.88
    Independent Bank 0.85

    Asset Allocation

        Stats & Risks

        Daily Statistics

        As of  07/10/20 Name NAV Change 12/26/19  12 Month 
        High Nav        		 03/23/20  12 Month 
        Low Nav        		 YTD Return
        DMECX
        		 $17.03
        $0.31
        1.85%
        		 $20.50 $12.13 -14.61%

        Performance Metrics

        Overall Morningstar Rating

        MORNINGSTAR CATEGORY Small Blend

        Morningstar Rating™ as of 06/30/20 for the Class C shares; other classes may have different performance characteristics. Overall rating for the Small Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (1469 funds rated); 3 Yrs. 3 Stars (615 funds rated); 5 Yrs. 3 Stars (495 funds rated); 10 Yrs. 2 Stars (359 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
          197 out of 914
        • 3 Year
          350 out of 847
        • 5 Year
          386 out of 709
        • 10 Year
          328 out of 498

        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  06/30/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DMECX
        		 22.26 -12.09 1.24 89.75 0.01
        Distributions

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Nov 30
        Year Dividend ($) Capital Gains ($)
        2020 0.0000 0.0445
        2019 0.0000 0.3889
        2018 0.0000 2.6920
        2017 0.0000 1.4849
        2016 0.0000 0.0202
        2015 0.0551 1.2792
        2014 0.0000 2.9193
        2013 0.0000 2.1364
        2012 0.0000 0.9914
        2011 0.0000 1.6202
        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
        DMECX
        		 0.0000 0.0000 0.0000 0.0000 0.0445 0.0445 13.23
        Record Date Ex-Dividend Date Payable Date
        DMECX
        		 03/23/20 03/24/20 03/24/20
        (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
        DMECX
        		 Final 0.0000 0.0000 0.0000 0.0000 0.3889 0.3889 20.01
        Record Date Ex-Dividend Date Payable Date
        DMECX
        		 12/30/19 12/31/19 12/31/19
        Literature