BNY Mellon Income Stock Fund
- TICKER BMISX
- Fund Code 4030
- CUSIP 05569M335
- SHARE CLASS
-
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Why invest in this Fund?
The fund seeks total return (consisting of capital appreciation and income). 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 seeks to focus on dividend-paying stocks and other investments and investment techniques that provide income. The investment adviser chooses stocks through a disciplined investment process that combines computer modeling techniques, fundamental analysis and risk management.
Morningstar Rating™ as of July 31, 2024 for the Class C class shares; other classes may have different performance characteristics. Overall rating for the Large Value category. Fund ratings are out of 5 Stars: Overall 4 Stars (1093 funds rated); 3 Yrs. 5 Stars (1093 funds rated); 5 Yrs. 3 Stars (1040 funds rated); 10 Yrs. 3 Stars (810 funds rated).
Portfolio Managers
-
John Bailer, CFA
Deputy Head of Equity Income, Portfolio Manager, Newton Investment Management North America, LLC
Managing Fund Since 2011
Joined Firm in 1992
Joined Industry in 1992
-
Brian C. Ferguson
Portfolio Manager, Newton Investment Management North America, LLC
Managing Fund Since 2015
Joined Firm in 1997
Joined Industry in 1990
-
Keith Howell
Portfolio Manager,
Managing Fund Since 2021
Joined Firm in 2006
Joined Industry in 2004
Total Returns
Month End
Average Annual As of 07/31/24 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 07/31/24 |
YTD 07/31/24 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Income Stock Fund
BMISX |
5.64 | 9.84 | 12.84 | 10.41 | 10.75 | 9.57 | 10.69 |
Dow Jones U.S. Select Dividend Index
|
9.90 | 13.00 | 15.10 | 8.18 | 9.74 | 10.05 | - |
Quarter End
Average Annual As of 06/30/24 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 06/30/24 |
YTD 06/30/24 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Income Stock Fund
BMISX |
-2.32 | 5.92 | 13.27 | 9.05 | 10.45 | 8.93 | 10.61 |
Dow Jones U.S. Select Dividend Index
|
-1.01 | 5.03 | 11.44 | 5.27 | 8.33 | 8.77 | - |
The performance data quotes represents past performance, which is no guarantee of future results. Yield, share price 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 above for month-end returns.
The Dow Jones U.S. Select DividendTM Index is defined as all dividend-paying companies in the Dow Jones U.S. Index, excluding REITs, that have a non-negative historical five-year dividend-per-share growth rate, a five-year average dividend coverage ratio of greater than or equal to 167%, paid dividends in each of the previous five years, non-negative trailing 12-month earnings-per-share (EPS), a float-adjusted market capitalization of at least US$1 billion, and three-month average daily trading volume of 200,000 shares. Investors cannot invest directly in any index.
The total return performance figures presented for Class C shares of the fund represent the performance of the fund's Class M for periods prior to May 31, 2016, the inception date for Class C shares, and the performance of Class C, 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
Past performance is no guarantee of future results.
Historical Performance
These figures do not reflect the maximum sales charge which, if included, would reduce return.
Past performance is no guarantee of future results.
Yearly Total Return
Yearly
Investment return fluctuates and past performance is no guarantee of future results.
Redemption Charge
As of REDEMPTION YEAR | CDSC |
---|---|
Year 1 | 1.00 |
Class C shares are subject to a contingent deferred sales charge (CDSC) imposed on Class C shares redeemed within one year of purchase.
Prospectus Fee Table Expense Ratios
As of 12/29/23 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.65% |
12B-1 Fee | 0.75% |
Service Fee | 0.25% |
Administration Fee | 0.14% |
Other Expenses | 0.15% |
Total Expenses | 1.94% |
Expenses Reimbursed | 0.04% |
Net Expenses | 1.90% |
The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until December 29, 2024, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of Class A, C, I or Y share classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowing and extraordinary expenses) exceed .90%. On or after December 29, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 08/30/24 Name | NAV | Change |
08/30/24 12 Month High Nav |
12/07/23 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
BMISX
|
$8.15 |
$0.05
0.62%
|
$8.15 | $6.94 | 13.64% |
Performance Metrics
Overall Morningstar Rating
MORNINGSTAR CATEGORY Large Value
Morningstar Rating™ as of 07/31/24 for the Class C shares; other classes may have different performance
characteristics. Overall rating for the Large Value. Fund ratings are out of 5 Stars: Overall
4 Stars (1093 funds rated); 3 Yrs.
5 Stars (1093 funds rated); 5 Yrs.
3 Stars (1040 funds rated); 10 Yrs.
3 Stars (810 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
328 out of 457 -
3 Year
27 out of 429 -
5 Year
173 out of 410 -
10 Year
out of
LIPPER CLASSIFICATION Equity Income Funds
Main Risks
Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
Please refer to the prospectus for a more complete discussion of the fund's main risks.
Risk Metrics
As of 07/31/24 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
BMISX
|
15.57 | 2.31 | 0.73 | 69.02 | 0.49 |
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 S&P 500® Index.
Alpha - Alpha is a measure of a security's or portfolio's excess return.
Beta - Beta is a measure of a security’s or portfolio’s volatility, or systematic risk.
R-Squared - R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.
Sharpe Ratio - Sharpe ratio is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.
Standard Deviation - Standard deviation is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.
Dividend Schedule
As of
Year | Dividend ($) | Capital Gains ($) |
---|---|---|
2024 | 0.0410 | 0.0000 |
2023 | 0.0927 | 0.7823 |
2022 | 0.0940 | 1.8285 |
2021 | 0.0834 | 1.7590 |
2020 | 0.1100 | 0.0000 |
2019 | 0.0962 | 0.7069 |
2018 | 0.1115 | 0.7568 |
2017 | 0.0993 | 0.6891 |
2016 | 0.0863 | 0.2809 |
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 |
---|---|---|---|---|---|---|---|---|
08/29/24 | 08/30/24 | 08/30/24 | - | 0.0024 | - | 0.0000 | 0.0000 | 0.0024 |
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 |
---|---|---|---|---|---|---|---|---|
07/30/24 | 07/31/24 | 07/31/24 | - | 0.0019 | - | 0.0000 | 0.0000 | 0.0019 |
06/27/24 | 06/28/24 | 06/28/24 | - | 0.0061 | - | 0.0000 | 0.0000 | 0.0061 |
05/30/24 | 05/31/24 | 05/31/24 | - | 0.0133 | - | 0.0000 | 0.0000 | 0.0133 |
03/27/24 | 03/28/24 | 03/28/24 | - | 0.0113 | - | 0.0000 | 0.0000 | 0.0113 |
02/28/24 | 02/29/24 | 02/29/24 | - | 0.0034 | - | 0.0000 | 0.0000 | 0.0034 |
01/30/24 | 01/31/24 | 01/31/24 | - | 0.0026 | - | 0.0000 | 0.0000 | 0.0026 |
12/06/23 | 12/07/23 | 12/07/23 | 0.0000 | 0.0241 | 0.0000 | 0.0000 | 0.7823 | 0.8064 |
11/29/23 | 11/30/23 | 11/30/23 | - | 0.0110 | - | 0.0000 | 0.0000 | 0.0110 |
10/30/23 | 10/31/23 | 10/31/23 | - | 0.0014 | - | 0.0000 | 0.0000 | 0.0014 |
09/28/23 | 09/29/23 | 09/29/23 | - | 0.0061 | - | 0.0000 | 0.0000 | 0.0061 |
08/30/23 | 08/31/23 | 08/31/23 | - | 0.0069 | - | 0.0000 | 0.0000 | 0.0069 |
07/28/23 | 07/31/23 | 07/31/23 | - | 0.0002 | - | 0.0000 | 0.0000 | 0.0002 |
See all rows... |
Literature
PRODUCT MATERIALS
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BNY Mellon Income Stock Fund - Investment Report | Download | Share | ||
BNY Mellon Income Stock Fund - Commentary | Download | Share |
Factsheet, Prospectus and Reports
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