Historical Prices

Start Date End Date

BNY Mellon Structured Midcap Fund

Why invest in this Fund?

The fund seeks long-term capital growth. To pursue this goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of companies included in the S&P MidCap 400 Index or the Russell Midcap Index at the time of purchase.

The portfolio managers select stocks through a "bottom-up" approach that seeks to identify undervalued securities using a quantitative screening process. This process is driven by a proprietary quantitative model that measures a diverse set of characteristics of stocks to identify and rank stocks.
Min. class investment
$1,000
Class Inception Date
06/29/01
Class Status
Not available for purchase by individual investors.
Fund Assets
$90,169,536  As of  09/22/20
Class Assets
$27,341,798  As of  09/22/20
Portfolio Turnover Rate
78.15%  As of fiscal year end  08/31/19
Morningstar Category
Mid-Cap Blend
Benchmark
S&P MidCap 400(r) Index
Fund Holdings
295  As of  08/31/20

Morningstar Rating™ as of August 31, 2020 for the Class I 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 2 Stars (364 funds rated); 3 Yrs. 1 Stars (364 funds rated); 5 Yrs. 2 Stars (292 funds rated); 10 Yrs. 3 Stars (212 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


As of  08/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Structured Midcap Fund
DPSRX
-0.80 0.33 4.22 10.46 7.36 06/29/01
S&P MidCap 400(r) Index
4.22 5.38 8.11 12.05 - -
As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Structured Midcap Fund
DPSRX
-11.91 -2.44 1.47 9.77 6.99 06/29/01
S&P MidCap 400(r) Index
-6.70 2.39 5.22 11.34 - -
As of  08/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Structured Midcap Fund
DPSRX
-0.80 1.00 22.97 170.30 289.98 06/29/01
S&P MidCap 400(r) Index
4.22 17.02 47.71 212.06 - -
As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Structured Midcap Fund
DPSRX
-11.91 -7.15 7.59 154.04 261.28 06/29/01
S&P MidCap 400(r) Index
-6.70 7.35 28.97 192.87 - -
The S&P MidCap 400® Index provides investors with a benchmark for midsized companies. The index measures the performance of midsized companies, reflecting the distinctive risk and return characteristics of this market segment. Investors cannot invest directly in any index.

Growth of $10,000 Investment

Historical Performance

    Not available for purchase by individual investors.

    Yearly Total Return

    Fund 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    DPSRX
    18.55% -15.62% 17.35% 14.90% -2.56% 11.29% 35.37% 19.42% 0.08% 26.81%

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


    Prospectus Fee Table Expense Ratios

    As of  03/01/20 Fee Description Expense Ratio (%)
    Management Fee 0.75%
    Other Expenses 0.26%
    Total Expenses 1.01%
    Expenses Reimbursed 0.11%
    Net Expenses 0.90%
    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 December 31, 2020, 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 .90%. On or after December 31, 2020, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser), and the fund's subadviser is Mellon Investments Corporation (Mellon), Investment decisions for the fund are made by members of the Active Equity team of Mellon, an affiliate of BNY 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. Messrs. Goslin and Zamil have been primary portfolio managers 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.

    Top Holdings

    As of  08/31/20   Holdings % Portfolio  Weight
    First Industrial Realty Trust 1.56
    Primerica 1.49
    Teradyne 1.45
    Carlisle Companies 1.25
    Charles River Laboratories International 1.17
    Fair Isaac 1.12
    Oge Energy 1.10
    IDACORP 1.10
    Gentex 1.09
    Steris 1.04

    Asset Allocation


        Daily Statistics

        As of  09/22/20 Name NAV Change 12/18/19  12 Month 
        High Nav
        03/23/20  12 Month 
        Low Nav
        YTD Return
        DPSRX
        $23.43
        $0.17
        0.73%
        $28.28 $15.79 -13.61%

        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.
        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  08/31/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DPSRX
        21.60 -14.91 1.18 92.33 0.05

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Aug 31
        Year Dividend ($) Capital Gains ($)
        2020 0.0057 0.0000
        2019 0.1632 1.0961
        2018 0.1070 2.9873
        2017 0.1493 3.0937
        2016 0.3254 0.0099
        2015 0.0000 2.4264
        2014 0.2225 4.0272
        2013 0.1470 0.2838
        2012 0.2490 0.0000
        2011 0.0176 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
        DPSRX
        0.0000 0.0057 0.0000 0.0000 0.0000 0.0057 17.57
        Record Date Ex-Dividend Date Payable Date
        DPSRX
        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
        DPSRX
        Final 0.0000 0.1632 0.0000 0.0000 1.0961 1.2593 27.08
        Record Date Ex-Dividend Date Payable Date
        DPSRX
        12/18/19 12/19/19 12/19/19