Dreyfus Disciplined Stock Fund

  • TICKER DDSTX
  • Fund Code 0728
  • CUSIP 261978340
  • 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
$2,500
Class Inception Date
12/31/87
Fund Assets
$571,611,629  As of  05/24/19
Class Assets
$571,611,629  As of  05/24/19
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
75  As of  04/30/19

Morningstar Rating™ as of April 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 (1203 funds rated); 3 Yrs. 3 Stars (1203 funds rated); 5 Yrs. 3 Stars (1073 funds rated); 10 Yrs. 3 Stars (802 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  04/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Disciplined Stock Fund
DDSTX
11.36 13.75 10.69 13.65 9.78 12/31/87
S&P 500(r) Index
13.49 14.87 11.63 15.32 - -
As of  03/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Disciplined Stock Fund
DDSTX
6.81 12.61 9.37 14.07 9.64 12/31/87
S&P 500(r) Index
9.50 13.51 10.91 15.92 - -
As of  04/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Disciplined Stock Fund
DDSTX
11.36 47.18 66.18 259.51 1,760.10 12/31/87
S&P 500(r) Index
13.49 51.58 73.32 316.02 - -
As of  03/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Disciplined Stock Fund
DDSTX
6.81 42.81 56.49 272.83 1,673.81 12/31/87
S&P 500(r) Index
9.50 46.25 67.81 338.09 - -
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

    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.


    Monthly Expense Ratios (Annualized)

    As of  04/30/19 Fee Description Expense Ratio (%)
    Management Fee 0.90%
    12B-1 Fee 0.10%
    Total Expenses 1.00%

    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%
    The Dreyfus Corporation 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. The Dreyfus Corporation 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 The Dreyfus Corporation (Dreyfus). 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 a senior managing director and senior portfolio manager at Mellon Investments Corporation (Mellon), an affiliate of Dreyfus, where he has been employed since 1992. He serves as the lead portfolio manager of U.S. dividend-oriented Income Stock and Equity Income strategies and as a senior research analyst responsible for the consumer, technology and telecommunications sectors on the Dynamic Large Cap Value strategy at Mellon. Mr. DeFina is a director, portfolio manager and senior quantitative research analyst at Mellon. Messrs. Bailer and DeFina also are employees of Dreyfus. Mellon investment professionals manage Dreyfus-managed funds pursuant to a dual-employee arrangement, under Dreyfus' supervision, and apply Mellon's proprietary investment process in managing the funds.

    Top Holdings

    As of  04/30/19   Holdings % Portfolio  Weight
    Alphabet 4.63
    Amazon.com 3.69
    Cisco Systems 3.17
    Berkshire Hathaway 3.04
    JPMorgan Chase & Co. 3.04
    Merck & Co. 2.57
    Bank Of America 2.49
    Citigroup 2.18
    AT&T 2.17
    Honeywell International 2.16

    Asset Allocation


        Daily Statistics

        As of  05/23/19 Name NAV Change 09/21/18  12 Month 
        High Nav
        12/24/18  12 Month 
        Low Nav
        YTD Return
        DDSTX
        $32.36
        $0.07
        0.22%
        $40.78 $27.09 11.82%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Large Blend


        Morningstar Rating™ as of 04/30/19 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 (3078 funds rated); 3 Yrs. 3 Stars (1203 funds rated); 5 Yrs. 3 Stars (1073 funds rated); 10 Yrs. 3 Stars (802 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
          409 out of 727
        • 3 Year
          299 out of 627
        • 5 Year
          213 out of 558
        • 10 Year
          257 out of 434

        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  04/30/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DDSTX
        11.68 -1.63 1.06 96.04 1.05

        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 0.0846 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 0.0846 0.0000 0.0000 0.0000 0.0846 33.58
        Record Date Ex-Dividend Date Payable Date
        DDSTX
        05/01/19 05/02/19 05/02/19
        (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