BNY Mellon Opportunistic Midcap Value Fund

    Overview

    Why invest in this Fund?

    The fund seeks to surpass the performance of the Russell Midcap® Value Index. To pursue this goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. The fund currently considers mid-cap companies to be those with market capitalizations, at the time of purchase, within the market capitalization range of companies comprising the Russell Midcap® Value Index. The fund's portfolio managers identify potential investments through extensive quantitative and fundamental research. The fund focuses on individual stock selection (a "bottom-up" approach), emphasizing three key factors: relative value, business health, and business momentum.
    Min. Class Investment
    $1,000
    Class Inception Date
    05/30/08
    Fund Assets
    $391,557,513  As of  09/06/24
    Class Assets
    $3,603,328  As of  09/06/24
    Portfolio Turnover Rate
    32.73% As of fiscal year end  08/31/23
    Morningstar Category
    Mid-Cap Blend
    Benchmark
    Russell Midcap Value Index
    Fund Holdings
    71 As of 07/31/24

    Portfolio Managers

    • Andrew Leger

      Andrew Leger

      Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since 2021

      Joined Firm in 2014

      Joined Industry in 1998
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  1.00%  CDSC Load

    Month End

    Average Annual
    As of 08/31/24
    Name 3 MO
    08/31/24     		YTD
    08/31/24     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Opportunistic Midcap Value Fund
    DVLCX
    		3.23 10.27 15.92 4.52 10.88 6.54 10.92

    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 Opportunistic Midcap Value Fund
    DVLCX
    		-2.97 5.68 13.54 2.58 9.52 6.22 10.82
    Russell Midcap Value Index
    		-3.40 4.54 11.98 3.65 8.49 7.60 -

    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 Russell Midcap® Value Index measures the performance of the mid-cap value segment of the U.S. equity universe. It includes those Russell Midcap® Index companies that are considered more value-oriented relative to the overall market as defined by Russell?s leading style methodology. The Russell Midcap® Value Index is constructed to provide a comprehensive and unbiased barometer of the mid-cap value market. The index is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true mid-cap value market. 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 A for periods prior to May 30, 2008, 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.

      Fees & Expenses

      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 0.75%
      12B-1 Fee 0.75%
      Service Fee 0.25%
      Other Expenses 0.22%
      Total Expenses 1.97%
      Net Expenses 1.97%
      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.
      Portfolio

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). BNYM Investment Adviser has engaged its affiliate, Newton Investment Management North America, LLC (NIMNA), to serve as the fund's sub-adviser. NIMNA has entered into a sub-sub-investment advisory agreement with its affiliate, Newton Investment Management Limited (NIM), to enable NIM to provide certain advisory services to NIMNA for the benefit of the fund. Andrew Leger is the fund's primary portfolio manager. Mr. Leger has been a portfolio manager of the fund since September 2021 and is a portfolio manager at NIMNA

      Top Holdings

      Download Total Holdings
      As of 07/31/24

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 09/06/24 Name NAV Change 08/30/24  12 Month 
          High Nav           		10/27/23  12 Month 
          Low Nav           		YTD Return
          DVLCX
          		$24.16
          -$0.39
          -1.59%
          		$25.24 $20.71 5.55%

          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.
          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.

          Risk Metrics

          As of  07/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DVLCX
          		17.33 -4.28 0.86 77.31 0.11

          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.

          Distributions

          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Aug 31
          Annualized Distribution Rate
          %
          As of 
          Year Dividend ($) Capital Gains ($)
          2023 0.0000 0.9896
          2022 0.0000 1.8222
          2021 0.0000 4.1287
          2020 0.0002 0.0000
          2018 0.0000 6.9275
          2017 0.0000 4.3746
          2016 0.0000 1.5001
          2015 0.0000 6.1013
          2014 0.0000 4.3436
          2013 0.0000 4.2548

          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
          12/11/23 12/12/23 12/12/23 0.0000 0.0000 0.0000 0.0000 0.9896 0.9896
          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
          12/07/22 12/08/22 12/08/22 0.0000 0.0000 0.0000 0.0000 1.8222 1.8222
          12/07/21 12/08/21 12/08/21 0.0000 0.0000 0.0000 0.0000 4.1287 4.1287
          03/25/20 03/26/20 03/26/20 0.0000 0.0002 0.0000 0.0000 0.0000 0.0002
          12/10/18 12/11/18 12/11/18 0.0000 0.0000 2.7974 0.4080 3.7221 6.9275
          12/11/17 12/12/17 12/12/17 0.0000 0.0000 0.7383 0.4191 3.2172 4.3746
          12/12/16 12/13/16 12/13/16 0.0000 0.0000 0.0000 0.2311 1.2690 1.5001
          12/14/15 12/15/15 12/15/15 0.0000 0.0000 0.0000 0.5587 5.5426 6.1013
          12/03/14 12/04/14 12/04/14 0.0000 0.0000 0.6065 0.4924 3.2447 4.3436
          12/03/13 12/04/13 12/04/13 0.0000 0.0000 0.1916 0.2886 3.7746 4.2548
          05/10/12 05/11/12 05/11/12 0.0130 0.0000 0.0000 0.0000 0.0000 0.0130
          12/15/11 12/16/11 12/16/11 0.0398 0.1062 0.1115 0.2973 4.4916 5.0464
          03/19/10 03/22/10 03/22/10 0.0000 0.0070 0.0000 0.0000 0.0000 0.0070
          12/09/09 12/10/09 12/10/09 0.0000 0.1030 0.0000 0.0000 0.0000 0.1030
          12/09/08 12/10/08 12/10/08 0.0000 0.0780 0.0000 0.0000 0.0000 0.0780
          See all rows...
          Literature

          Literature

          PRODUCT MATERIALS

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          SAI Download
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          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download

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

          This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

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