BNY Mellon Disciplined Stock Fund

  • TICKER DDSTX
  • Fund Code 0728
  • CUSIP 05589K806
  • SHARE CLASS Single Share Class

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 stocks. The fund focuses on stocks of large-cap companies. The fund invests in growth and value stocks, which are chosen through a disciplined investment process that combines computer modeling techniques, fundamental analysis and risk management. The fund is structured so that its sector weightings and risk characteristics, are similar to those of the S&P 500 Index.

Min. class investment
$1,000
Class Inception Date
12/31/87
Class Status
Closed to new investors with the exception of investors who participate in a qualified retirement plan or fee-based account.
Fund Assets
$581,417,295  As of  10/21/19
Class Assets
$581,417,295  As of  10/21/19
Portfolio Turnover Rate
72.06%  As of fiscal year end  10/31/18
Morningstar Category
Large Blend
Benchmark
S&P 500(r) Index
Morningstar Overall Rating
Fund Holdings
68  As of  09/30/19

Morningstar Rating™ as of September 30, 2019 for the Single Share Class class shares; other classes may have different performance characteristics. Overall rating for the Large Blend category. Fund ratings are out of 5 Stars: Overall 3 Stars (1222 funds rated); 3 Yrs. 3 Stars (1222 funds rated); 5 Yrs. 3 Stars (1086 funds rated); 10 Yrs. 2 Stars (825 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

  • Bailer, John

    John Bailer

    Senior Portfolio Manager, Mellon Investments Corporation

    27 yr(s). in industry

    5 yr(s). on fund

  • DeFina, George E.

    George E. DeFina

    Portfolio Manager, Mellon Investments Corporation

    4 yr(s). on fund


As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Disciplined Stock Fund
DDSTX
0.86 12.20 9.86 11.32 9.68 12/31/87
S&P 500(r) Index
4.25 13.39 10.84 13.24 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Disciplined Stock Fund
DDSTX
0.86 12.20 9.86 11.32 9.68 12/31/87
S&P 500(r) Index
4.25 13.39 10.84 13.24 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Disciplined Stock Fund
DDSTX
0.86 41.25 60.05 192.18 1,777.27 12/31/87
S&P 500(r) Index
4.25 45.80 67.27 246.74 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Disciplined Stock Fund
DDSTX
0.86 41.25 60.05 192.18 1,777.27 12/31/87
S&P 500(r) Index
4.25 45.80 67.27 246.74 - -
The S&P 500® Index is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

Growth of $10,000 Investment

Historical Performance

    Closed to new investors with the exception of investors who participate in a qualified retirement plan or fee-based account.

    Yearly Total Return

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    DDSTX
    -5.43% 19.06% 11.98% 2.63% 8.37% 29.59% 17.02% -6.30% 17.06% 26.30%

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


    Prospectus Fee Table Expense Ratios

    As of  03/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.90%
    12B-1 Fee 0.10%
    Other Expenses 0.01%
    Total Expenses 1.01%
    Expenses Reimbursed 0.01%
    Net Expenses 1.00%
    BNY Mellon Investment Adviser, Inc. has agreed to pay all of the fund's expenses except management fees, Rule 12b-1 fees and certain other expenses, including the fees and expenses of the non-interested board members, and their counsel. BNY Mellon Investment Adviser, Inc. has agreed to reduce its fees in an amount equal to the fund's allocable portion of fees and expenses of non-interested Board members and their counsel (in the amount of .01% for the past fiscal year).

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. John C. Bailer, CFA, and George E. DeFina are the fund's primary portfolio managers, positions they have held since February 2014 and November 2015, respectively. Mr. Bailer is an executive vice president and senior portfolio manager at Mellon Investment Corporation (Mellon), an affiliate of BNY Mellon Investment Adviser, Inc. Mr. DeFina is a director, portfolio manager and senior quantitative research analyst at Mellon. Messrs. Bailer and DeFina also are employees of BNY Mellon Investment Adviser, Inc. Mellon investment professionals manage the fund in their capacity as employees of BNY Mellon Investment Adviser, Inc.

    Top Holdings

    As of  09/30/19   Holdings % Portfolio  Weight
    Alphabet 4.50
    Berkshire Hathaway 4.39
    JPMorgan Chase & Co. 3.61
    AT&T 3.49
    Citigroup 3.42
    Medtronic 3.17
    Goldman Sachs Group 2.71
    Merck & Co. 2.60
    Marathon Petroleum 2.54
    Bank Of America 2.49

    Asset Allocation


        Daily Statistics

        As of  10/21/19 Name NAV Change 11/07/18  12 Month 
        High Nav
        12/24/18  12 Month 
        Low Nav
        YTD Return
        DDSTX
        $34.55
        $0.26
        0.76%
        $38.82 $27.09 19.05%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Large Blend


        Morningstar Rating™ as of 09/30/19 for the Single Share Class shares; other classes may have different performance characteristics. Overall rating for the Large Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (3133 funds rated); 3 Yrs. 3 Stars (1222 funds rated); 5 Yrs. 3 Stars (1086 funds rated); 10 Yrs. 2 Stars (825 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
          516 out of 681
        • 3 Year
          316 out of 601
        • 5 Year
          204 out of 530
        • 10 Year
          290 out of 423

        LIPPER CLASSIFICATION Large-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.

        Risk Metrics

        As of  09/30/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DDSTX
        13.26 -1.78 1.07 97.07 0.82

        Dividend Schedule

        Declared
        Qtry (May, Aug, Nov, Dec)
        Distributed
        Qtry (May, Aug, Nov, Dec)
        Paid
        Qtry (May, Aug, Nov, Dec)
        Fiscal Year End
        Oct 31
        Year Dividend ($) Capital Gains ($)
        2019 0.1709 0.0000
        2018 0.3700 5.5526
        2017 0.3380 3.5577
        2016 0.3907 0.6968
        2015 0.3283 3.6628
        2014 0.2649 3.8675
        2013 0.2544 6.4581
        2012 0.3260 0.0000
        2011 0.2410 0.0000
        2010 0.1850 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
        DDSTX
        0.0000 0.0863 0.0000 0.0000 0.0000 0.0863 33.54
        Record Date Ex-Dividend Date Payable Date
        DDSTX
        08/01/19 08/02/19 08/02/19
        (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
        DDSTX
        Final 0.0427 0.0905 0.2003 0.4250 4.9273 5.6858 30.37
        Record Date Ex-Dividend Date Payable Date
        DDSTX
        12/07/18 12/10/18 12/10/18