BNY Mellon Research Growth Fund, Inc.

    Overview

    Why invest in this Fund?

    The fund seeks long-term capital growth consistent with the preservation of capital. Current income is a secondary goal. To pursue these goals, the fund invests at least 80% of its net assets in common stocks. The fund may invest up to 25% of its assets in foreign securities. The fund's stock investments may include common stocks, preferred stocks and convertible securities.

    Min. Class Investment
    $1,000
    Class Inception Date
    09/30/08
    Class Status
    Not available for purchase by individual investors.
    Fund Assets
    $1,601,418,617  As of  09/13/24
    Class Assets
    $179,531,089  As of  09/13/24
    Portfolio Turnover Rate
    21.26% As of fiscal year end  02/29/24
    Morningstar Category
    Large Growth
    Benchmark
    Russell 1000® Growth Index
    Morningstar Overall Rating
    Fund Holdings
    49 As of 08/31/24

    Morningstar Rating™ as of August 31, 2024 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Large Growth category. Fund ratings are out of 5 Stars: Overall 3 Stars (1083 funds rated); 3 Yrs. 2 Stars (1083 funds rated); 5 Yrs. 3 Stars (1012 funds rated); 10 Yrs. 3 Stars (796 funds rated).

    Portfolio Managers

    • John Porter

      John Porter

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

      Managing Fund Since 2021

      Joined Firm in 2016

      Joined Industry in 1994
    • Karen Miki Behr

      Karen Miki Behr

      Portfolio Manager, Newton Investment Management Limited

      Managing Fund Since 2021

      Joined Firm in 2007

      Joined Industry in 1999
    Performance

    Total Returns

    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 Research Growth Fund, Inc.
    DWOIX
    		2.51 15.61 22.69 3.42 15.55 13.08 9.99
    Russell 1000® Growth Index
    		7.11 21.12 30.75 8.87 19.08 16.03 -

    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 Research Growth Fund, Inc.
    DWOIX
    		6.14 18.87 28.26 6.24 15.83 13.59 10.09
    Russell 1000® Growth Index
    		8.33 20.70 33.48 11.28 19.34 16.33 -

    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 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000 companies with higher growth earning potential as defined by Russell's leading style methodology. The Russell 1000® Growth Index is constructed to provide a comprehensive and unbiased barometer for the large-cap growth segment. The index is completely reconstituted annually to ensure new and growing equities are included and that the represented companies continue to reflect growth characteristics. Investors cannot invest directly in any index.

    The total return performance figures presented for Class I shares of the fund represent the performance of the fund's Class Z for periods prior to September 30, 2008, the inception date for Class I shares, and the performance of Class I, 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

      Not available for purchase by individual investors.

       

      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

      Prospectus Fee Table Expense Ratios

      As of  06/28/24 Fee Description Expense Ratio (%)
      Management Fee 0.75%
      Other Expenses 0.11%
      Total Expenses 0.86%
      Expenses Reimbursed 0.08%
      Net Expenses 0.78%
      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 June 28, 2025, 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 share classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .78%. On or after June 28, 2025, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.
      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. The team members primarily responsible for managing the fund are Monty A. Kori, Matthew T. Jenkin, Karen Behr and John R. Porter III. Messrs. Kori and Jenkin have been primary portfolio managers of the fund since July 2019, and each is a research analyst at NIMNA. Ms. Behr has been a primary portfolio manager of the fund since September 2021, and is a portfolio manager at NIMNA. Mr. Porter has been a primary portfolio manager of the fund since October 2021 and is Chief Investment Officer and Head of Equity at NIMNA.

      Top Holdings

      Download Total Holdings
      As of 08/31/24

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 09/13/24 Name NAV Change 07/10/24  12 Month 
          High Nav           		10/26/23  12 Month 
          Low Nav           		YTD Return
          DWOIX
          		$19.12
          $0.14
          0.74%
          		$20.35 $13.89 15.25%

          Performance Metrics

          Overall Morningstar Rating

          MORNINGSTAR CATEGORY Large Growth

          Morningstar Rating™ as of 08/31/24 for the Class I shares; other classes may have different performance characteristics. Overall rating for the Large Growth. Fund ratings are out of 5 Stars: Overall 3 Stars (1083 funds rated); 3 Yrs. 2 Stars (1083 funds rated); 5 Yrs. 3 Stars (1012 funds rated); 10 Yrs. 3 Stars (796 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
            632 out of 674
          • 3 Year
            521 out of 632
          • 5 Year
            384 out of 598
          • 10 Year
            356 out of 479

          LIPPER CLASSIFICATION Large-Cap Growth Funds

          Lipper Category returns and rankings as of 08/31/24, 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.
          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  08/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DWOIX
          		23.69 -6.14 1.25 88.62 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
          Feb 29
          Annualized Distribution Rate
          %
          As of 
          Year Dividend ($) Capital Gains ($)
          2023 0.0000 0.6073
          2022 0.0000 1.9593
          2021 0.0000 3.0569
          2020 0.0363 1.6118
          2019 0.0360 1.4784
          2018 0.0385 2.4498
          2017 0.0402 1.4391
          2016 0.0873 0.7079
          2015 0.0647 0.8965
          2014 0.0074 1.0347

          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
          12/05/23 12/06/23 12/06/23 0.0000 0.0000 0.0000 0.0000 0.1672 0.1672
          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
          06/21/23 06/22/23 06/22/23 - 0.0000 - 0.0000 0.4401 0.4401
          12/05/22 12/06/22 12/06/22 0.0000 0.0000 0.0000 0.0000 0.1579 0.1579
          06/21/22 06/22/22 06/22/22 - 0.0000 - 0.0000 1.8014 1.8014
          12/09/21 12/10/21 12/10/21 0.0000 0.0000 0.0000 0.0000 1.8203 1.8203
          06/22/21 06/23/21 06/23/21 - 0.0000 0.2570 0.0344 0.9452 1.2366
          12/09/20 12/10/20 12/10/20 0.0000 0.0000 0.0000 0.0892 1.0847 1.1739
          06/22/20 06/23/20 06/23/20 0.0000 0.0363 0.0000 0.0000 0.4379 0.4742
          12/16/19 12/17/19 12/17/19 0.0000 0.0000 0.0000 0.0117 1.0309 1.0426
          06/19/19 06/20/19 06/20/19 0.0000 0.0360 0.0000 0.0000 0.4358 0.4718
          12/14/18 12/17/18 12/17/18 0.0000 0.0000 0.0000 0.0221 1.4722 1.4943
          06/21/18 06/22/18 06/22/18 0.0263 0.0122 0.1501 0.0695 0.7359 0.9940
          12/18/17 12/19/17 12/19/17 0.0000 0.0261 0.0000 0.0884 0.9928 1.1073
          06/22/17 06/23/17 06/23/17 0.0000 0.0141 0.0000 0.0000 0.3579 0.3720
          12/16/16 12/19/16 12/19/16 0.0000 0.0605 0.0000 0.0000 0.7079 0.7684
          06/21/16 06/22/16 06/22/16 0.0000 0.0268 0.0000 0.0000 0.0000 0.0268
          12/16/15 12/17/15 12/17/15 0.0000 0.0340 0.0000 0.0000 0.6811 0.7151
          06/22/15 06/23/15 06/23/15 0.0000 0.0307 0.0000 0.0000 0.2154 0.2461
          12/17/14 12/18/14 12/18/14 0.0000 0.0074 0.0000 0.0000 0.6100 0.6174
          06/17/14 06/18/14 06/18/14 0.0000 0.0000 0.0000 0.0000 0.4247 0.4247
          12/18/13 12/19/13 12/19/13 0.0000 0.0320 0.0000 0.0000 0.0529 0.0849
          06/25/13 06/26/13 06/26/13 0.0000 0.0491 0.0000 0.0000 0.0000 0.0491
          12/18/12 12/19/12 12/19/12 0.0000 0.0360 0.0000 0.0000 0.0000 0.0360
          06/26/12 06/27/12 06/27/12 0.0000 0.0227 0.0000 0.0000 0.0000 0.0227
          06/28/11 06/29/11 06/29/11 0.0000 0.0420 0.0000 0.0000 0.0000 0.0420
          06/28/10 06/29/10 06/29/10 0.0000 0.0240 0.0000 0.0000 0.0000 0.0240
          06/23/09 06/24/09 06/24/09 0.0000 0.0350 0.0000 0.0000 0.0000 0.0350
          See all rows...
          Literature

          Literature

          PRODUCT MATERIALS

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          BNY Mellon Research Growth Fund, Inc. - Investment Report Download
          BNY Mellon Research Growth Fund, Inc. - Commentary Download

          Factsheet, Prospectus and Reports

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          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Annual Report Download
          Semi Annual Report Download
          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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