Dreyfus/The Boston Company Small Cap Growth Fund

  • TICKER SSETX
  • Fund Code 6941
  • CUSIP 26203E836
  • SHARE CLASS

Why invest in this Fund?

The fund seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets in equity securities of small-cap U.S. companies. The fund focuses on companies with market capitalizations that are equal to or less than the total market capitalization of the largest company included in the Russell 2000 Growth Index.

The portfolio managers focus on high-quality companies, especially those with products or services that are believed to be leaders in their market niches.

Min. class investment
$1,000
Class Inception Date
12/23/96
Class Status
Not available for purchase by individual investors.
Fund Assets
$7,341,275  As of  03/18/19
Class Assets
$7,295,738  As of  03/18/19
Portfolio Turnover Rate
87.65%  As of fiscal year end  09/30/18
Morningstar Category
Small Growth
Benchmark
Russell 2000(r) Growth Index
Morningstar Overall Rating
Fund Holdings
81  As of  02/28/19

Morningstar Rating™ as of February 28, 2019 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Small Growth category. Fund ratings are out of 5 Stars: Overall 4 Stars (587 funds rated); 3 Yrs. 4 Stars (587 funds rated); 5 Yrs. 4 Stars (523 funds rated); 10 Yrs. 3 Stars (391 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.

Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.  Past performance is no guarantee of future results.  MBSC Securities Corporation, a registered broker-dealer and FINRA member, is the distributor for the Dreyfus Funds.

Portfolio Managers

  • Wakefield, Todd

    Todd Wakefield

    Senior Managing Director and Portfolio Manager, Mellon Investments Corporation

    6 yr(s). on fund

  • Zeuthen, Robert

    Robert Zeuthen

    Portfolio Manager, Mellon Investments Corporation

    6 yr(s). on fund

  • Porter, John

    John Porter

    Portfolio Manager, Mellon Investments Corporation

    2 yr(s). on fund


As of  02/28/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus/The Boston Company Small Cap Growth Fund
SSETX
12.61 24.00 10.06 16.95 10.75 12/23/96
Russell 2000(r) Growth Index
6.70 18.27 8.16 17.69 - -
As of  12/31/18 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus/The Boston Company Small Cap Growth Fund
SSETX
-2.74 11.02 6.33 12.60 9.86 12/23/96
Russell 2000(r) Growth Index
-9.31 7.24 5.13 13.52 - -
As of  02/28/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus/The Boston Company Small Cap Growth Fund
SSETX
12.61 90.65 61.48 378.61 863.34 12/23/96
Russell 2000(r) Growth Index
6.70 65.43 48.06 409.66 - -
As of  12/31/18 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus/The Boston Company Small Cap Growth Fund
SSETX
-2.74 36.85 35.93 227.52 693.16 12/23/96
Russell 2000(r) Growth Index
-9.31 23.34 28.45 255.47 - -

 

The Russell 2000® Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. It includes those Russell 2000 companies with higher growth earning potential as defined by Russell's leading style methodology. The Russell 2000® Growth Index is constructed to provide a comprehensive and unbiased barometer for the small-cap growth 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 growth characteristics.

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

Investors should consider, when dciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

Historical Performance

Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

    Not available for purchase by individual investors.

    Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

    Yearly Total Return

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    SSETX
    -2.74% 20.63% 16.64% -2.32% 1.68% 47.73% 10.96% -1.83% 23.22% 21.52%

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


    Monthly Expense Ratios (Annualized)

    As of  02/28/19 Fee Description Expense Ratio (%)
    Management Fee 0.80%
    Other Expenses 2.37%
    Total Expenses 3.17%
    Expenses Reimbursed 2.17%
    Net Expenses 1.00%

    This data is annualized. Monthly operating expenses may vary month to month.

    Prospectus Fee Table Expense Ratios

    As of  02/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.80%
    Other Expenses 2.71%
    Total Expenses 3.51%
    Expenses Reimbursed 2.51%
    Net Expenses 1.00%
    The fund's investment adviser, The Dreyfus Corporation has agreed, until February 1, 2020, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of neither class (excluding taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 1.00%. On or after February 1, 2020, The Dreyfus Corporation may terminate this expense limitation at any time.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is The Dreyfus Corporation (Dreyfus). The fund is managed by a team of portfolio managers employed by Dreyfus and Mellon Investments Corporation (Mellon), an affiliate of Dreyfus. The team consists of John Porter, the lead portfolio manager, Todd Wakefield, CFA and Robert Zeuthen, CFA. Mr. Porter has been a primary portfolio manager since March 2017 and Messrs. Wakefield and Zeuthen have each been a primary portfolio manager since April 2013. Mr. Porter is the head of the U.S. Small Mid Cap Equity investment team and one of the Active Equity Chief Investment Officers at Mellon. Mr. Wakefield is a senior managing director, senior portfolio manager and a member of the U.S. Small Mid Cap Equity investment team at Mellon. Mr. Zeuthen is a senior managing director, senior portfolio manager, senior equity research analyst and a member of the U.S. Small, Mid Cap Equity investment team at Mellon. 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  02/28/19   Holdings % Portfolio  Weight
    Twilio 4.52
    Planet Fitness 3.83
    HubSpot 3.81
    Bandwidth 3.30
    Freshpet 2.83
    Rapid7 2.77
    Shopify 2.67
    2U 2.64
    Everbridge 2.35
    Mercury Systems 2.30

    Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security. Large concentrations can increase share price volatility.

    Asset Allocation


        Daily Statistics

        As of  03/18/19 Name NAV Change 09/04/18  12 Month 
        High Nav
        12/24/18  12 Month 
        Low Nav
        YTD Return
        SSETX
        $29.97
        $0.15
        0.50%
        $36.80 $22.07 24.62%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Small Growth


        Morningstar Rating™ as of 02/28/19 for the Class I shares; other classes may have different performance characteristics. Overall rating for the Small Growth. Fund ratings are out of 5 Stars: Overall 4 Stars (1501 funds rated); 3 Yrs. 4 Stars (587 funds rated); 5 Yrs. 4 Stars (523 funds rated); 10 Yrs. 3 Stars (391 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
          231 out of 560
        • 3 Year
          82 out of 484
        • 5 Year
          104 out of 441
        • 10 Year
          217 out of 328

        LIPPER CLASSIFICATION Small-Cap 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

        Past performance is no guarantee of future results. Source: Lipper Inc., Rankings are based on total return and 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.

        Risk Metrics

        As of  02/28/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        SSETX
        17.28 4.36 1.28 69.55 1.27

        STANDARD DEVIATION - A statistical measure of dispersion around an average which depicts how widely fund returns varied over a certain period of time. A smaller standard deviation statistic indicates less variability of historic returns around a mean.

        ALPHA - A measure of a fund's actual returns compared to its expected performance, as measured by beta. A positive alpha indicates a fund outperformed what its beta would predict.

        BETA - Measures an investment's market-related risk. A beta higher than 1.0 suggests that the fund's expected return will exceeds the market's return; a beta lower than 1.0 suggests that the fund's expected return will lag the market's return.

        R-SQUARED - Reflects the percentage of a fund's movements that can be explained by movements in it's benchmark. An R-squared of 100 indicates fund movements that are perfectly correlated to those of the benchmark.

        SHARPE RATIO - The Sharpe ratio is based on a risk-adjusted measure developed by Nobel Laureate William Sharpe. It is calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the fund's historical risk-adjusted performance.

        Source: Morningstar, Inc.


        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Sep 30
        Year Dividend ($) Capital Gains ($)
        2018 0.0000 4.2611
        2017 0.0000 4.1739
        2016 0.0000 4.1249
        2015 0.0000 8.8404
        2014 0.0000 20.9111
        2013 0.0000 19.7478
        2012 0.0000 5.8740
        2011 0.0000 1.0470
        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
        SSETX
        0.0000 0.0000 0.7444 0.0650 3.4517 4.2611 26.19
        Record Date Ex-Dividend Date Payable Date
        SSETX
        12/04/18 12/06/18 12/06/18
        (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
        SSETX
        Final 0.0000 0.0000 0.7444 0.0650 3.4517 4.2611 26.19
        Record Date Ex-Dividend Date Payable Date
        SSETX
        12/04/18 12/06/18 12/06/18

        Capital gains, if any, may be short-term, long-term or a combination of both.

        Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

        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. Click here to view standardized total returns and for month-end returns reflecting the fund's current performance.