Historical Prices

Start Date End Date

BNY Mellon Balanced Opportunity Fund

Why invest in this Fund?

The fund seeks high total return through a combination of capital appreciation and current income. To pursue this goal, the fund invests in a diversified mix of stocks and fixed-income securities. The fund selects securities that, in the portfolio managers' judgment, will result in the highest total return consistent with preservation of principal. The fund normally will allocate between 25% and 50% of its assets to fixed-income securities.

Min. class investment
$1,000
Class Inception Date
01/30/04
Fund Assets
$363,200,086  As of  10/22/21
Class Assets
$276,411,314  As of  10/22/21
Portfolio Turnover Rate
95.62%  As of fiscal year end  11/30/20
Morningstar Category
Allocation--50% to 70% Equity
Benchmark
Customized Blended Index (Balanced Opportunity)
Morningstar Overall Rating
Fund Holdings
482  As of  09/30/21

Morningstar Rating™ as of September 30, 2021 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Allocation--50% to 70% Equity category. Fund ratings are out of 5 Stars: Overall 3 Stars (653 funds rated); 3 Yrs. 3 Stars (653 funds rated); 5 Yrs. 3 Stars (596 funds rated); 10 Yrs. 3 Stars (427 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

  • Porter, John

    John Porter

    CIO, Head of Equity, Newton Investment Management North America, LLC

    0 yr(s). on fund

  • Bailer, John

    John Bailer, CFA

    Deputy Head of Equity Income, Portfolio Manager, Newton Investment Management North America, LLC

    29 yr(s). in industry

    6 yr(s). on fund

  • Behr, Karen

    Karen Behr

    Portfolio Manager

    0 yr(s). on fund

  • Bowser, David R.

    David R. Bowser, CFA

    Senior Portfolio Manager, Insight North America, LLC

    13 yr(s). on fund

  • Dagioglu, Vassilis

    Vassilis Dagioglu

    Head of Asset Allocation Portfolio Management, Newton Investment Management North America, LLC

    3 yr(s). on fund

  • Ferguson, Brian C.

    Brian C. Ferguson

    Portfolio Manager, Newton Investment Management North America, LLC

    14 yr(s). on fund

  • Howell, Keith

    Keith Howell

    Portfolio Manager

    0 yr(s). on fund

  • Jenkin, Matthew T.

    Matthew T. Jenkin

    Research Analyst, Newton Investment Management North America, LLC

    1 yr(s). on fund

  • Lydotes, James A.

    James A. Lydotes, CFA

    Deputy CIO, Newton Investment Management North America, LLC

    5 yr(s). on fund

  • Zaches, Torrey

    Torrey Zaches, CFA

    Portfolio Manager, Newton Investment Management North America, LLC

    3 yr(s). on fund


Total Returns

Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
Average Annual
As of 09/30/21
Name 3 MO
09/30/21
YTD
09/30/21
1 YR 3 YRS 5 YRS 10 YRS Since Inception
BNY Mellon Balanced Opportunity Fund
DBOAX
0.04 9.18 20.23 9.31 9.97 10.34 8.37
Customized Blended Index (Balanced Opportunity)
0.40 8.71 16.92 12.10 11.43 11.24 -
Average Annual
As of 09/30/21
Name 3 MO
09/30/21
YTD
09/30/21
1 YR 3 YRS 5 YRS 10 YRS Since Inception
BNY Mellon Balanced Opportunity Fund
DBOAX
0.04 9.18 20.23 9.31 9.97 10.34 8.37
Customized Blended Index (Balanced Opportunity)
0.40 8.71 16.92 12.10 11.43 11.24 -

The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted.

Important Information Regarding Equities Performance
DUE TO RECENT MARKET VOLATILITY, CURRENT PERFORMANCE MAY BE DIFFERENT THAN THE FIGURES SHOWN. Investors should note that the fund's short-term performance is highly unusual, in part to unusually favorable market conditions, and is unlikely to be repeated or consistently achieved in the future.


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. The Bloomberg Barclays U.S. Aggregate Bond Index is a broad-based flagship benchmark that measures the investment-grade, U.S. dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and nonagency).

The total return performance figures presented for Class A shares of the fund represent the performance of the fund's Class J for periods prior to January 30, 2004, the inception date for Class A shares, and the performance of Class A, respectively, from that inception date. Performance reflects the applicable class' distribution/servicing fees since the inception date. Had these fees and expenses been reflected for periods prior, performance would have been different. 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

Historical Performance

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

    Yearly Total Return

    Fund 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
    DBOAX
    10.31% 20.04% -4.23% 11.53% 10.00% -0.55% 7.41% 21.01% 13.53% -1.78%

    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 0.80%
    Service Fee 0.25%
    Other Expenses 0.19%
    Total Expenses 1.24%
    Expenses Reimbursed 0.09%
    Net Expenses 1.15%
    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 0.90%.  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

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). Vassilis Dagioglu and Torrey Zaches, CFA are the fund's primary portfolio managers responsible for overall asset allocation for the fund, positions they have held since November 2018. Messrs. Dagioglu and Zaches are employed by Newton Investment Management North America, LLC (Newton), an affiliate of BNYM Investment Adviser. Mr. Dagioglu is Head of Asset Allocation Portfolio Management at Newton. Mr. Zaches is a portfolio manager at Newton. Messrs. Dagioglu and Zaches allocate the fund's assets among equity portfolio managers employed by Newton and fixed-income portfolio managers employed by Insight North America LLC (INA). The fund's primary portfolio managers responsible for the portion of the fund's assets allocated to equity investments (and when they first held such position) are: Brian C. Ferguson (March 2007), John C. Bailer, CFA (December 2015), James A. Lydotes, CFA (September 2016), Matthew T. Jenkin (July 2020), Karen Behr (September 2021), Keith Howell (September 2021) and John R. Porter III (October 2021). David Bowser, CFA is the fund's primary portfolio manager responsible for the portion of the fund's assets allocated to fixed-income investments, a position he has held since March 2008.

    Top Holdings

    As of 09/30/21
    Holdings % Portfolio Weight
    United States Treasury Note/Bond, 0.375%, 07/15/2024 2.93
    Microsoft 2.83
    Alphabet, Cl. C 2.65
    Apple 2.64
    Amazon.com 2.49
    United States Treasury Note/Bond, 0.875%, 09/30/2026 1.48
    United States Treasury Note/Bond, 0.125%, 05/31/2023 1.30
    Nvidia 1.25
    Visa, Cl. A 1.22
    United States Treasury Note/Bond - When Issued, 1.75%, 08/15/2041 1.20

    Asset Allocation


        Daily Statistics

        As of  10/22/21 Name NAV Change 10/21/21  12 Month 
        High Nav
        11/02/20  12 Month 
        Low Nav
        YTD Return
        DBOAX
        $27.61
        -$0.08
        -0.29%
        $27.69 $23.10 12.99%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Allocation--50% to 70% Equity


        Morningstar Rating™ as of 09/30/21 for the Class A shares; other classes may have different performance characteristics. Overall rating for the Allocation--50% to 70% Equity. Fund ratings are out of 5 Stars: Overall 3 Stars (653 funds rated); 3 Yrs. 3 Stars (653 funds rated); 5 Yrs. 3 Stars (596 funds rated); 10 Yrs. 3 Stars (427 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
          279 out of 455
        • 3 Year
          349 out of 434
        • 5 Year
          266 out of 407
        • 10 Year
          157 out of 292

        LIPPER CLASSIFICATION Mixed-Asset Target Alloc Growth 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.
        Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
        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  09/30/21 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DBOAX
        13.66 -1.90 1.16 95.78 0.64

        All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is Morningstar Moderate Target Risk Index.


        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Nov 30
        Year Dividend ($) Capital Gains ($)
        2021 0.0000 0.1254
        2020 0.1613 0.8030
        2019 0.3016 0.4717
        2018 0.2561 1.6300
        2017 0.2040 0.9310
        2016 0.2330 0.0000
        2015 0.1880 0.9769
        2014 0.1830 1.7169
        2013 0.1850 0.2787
        2012 0.2340 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

        Record Date Ex-Dividend Date Payable Date 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
        03/26/21 03/29/21 03/29/21 - 0.0000 0.0313 0.0000 0.0941 0.1254 24.91
        Record Date Ex-Dividend Date Payable Date 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
        12/15/20 12/16/20 12/16/20 0.0675 0.0938 0.0835 0.1160 0.4988 0.8596 -
        03/24/20 03/25/20 03/25/20 0.0000 0.0000 0.0110 0.0042 0.0895 0.1047 -
        12/30/19 12/31/19 12/31/19 0.0000 0.3016 0.0000 0.0199 0.3912 0.7127 -
        03/19/19 03/20/19 03/20/19 0.0000 0.0000 0.0013 0.0000 0.0593 0.0606 -
        12/28/18 12/31/18 12/31/18 0.1055 0.1506 0.0991 0.1414 1.3895 1.8861 -
        12/28/17 12/29/17 12/29/17 0.0591 0.1449 0.0475 0.1165 0.7670 1.1350 -
        12/29/16 12/30/16 12/30/16 0.0000 0.2330 0.0000 0.0000 0.0000 0.2330 -
        12/30/15 12/31/15 12/31/15 0.0000 0.1880 0.0000 0.0000 0.9769 1.1649 -
        12/30/14 12/31/14 12/31/14 0.0548 0.1282 0.0554 0.1295 1.5320 1.8999 -
        12/30/13 12/31/13 12/31/13 0.0000 0.1850 0.0000 0.0000 0.2787 0.4637 -
        12/28/12 12/31/12 12/31/12 0.0000 0.2340 0.0000 0.0000 0.0000 0.2340 -
        12/29/11 12/30/11 12/30/11 0.0008 0.2332 0.0000 0.0000 0.0000 0.2340 -
        12/30/10 12/31/10 12/31/10 0.0035 0.2335 0.0000 0.0000 0.0000 0.2370 -
        12/30/09 12/31/09 12/31/09 0.0341 0.2209 0.0000 0.0000 0.0000 0.2550 -
        12/30/08 12/31/08 12/31/08 0.0940 0.2880 0.0000 0.0000 0.0000 0.3820 -
        12/28/07 12/31/07 12/31/07 0.1968 0.1972 0.1009 0.1011 2.9350 3.5310 -
        12/28/06 12/29/06 12/29/06 0.0005 0.3225 0.0000 0.0000 0.0000 0.3230 -
        06/28/06 06/29/06 06/29/06 0.0000 0.0000 0.0000 0.0000 0.0036 0.0036 -
        12/29/05 12/30/05 12/30/05 0.0007 0.2923 0.0000 0.0000 0.1520 0.4450 -
        12/29/04 12/30/04 12/30/04 0.0134 0.1748 0.0000 0.0000 0.1167 0.3049 -
        See all rows...