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    BNY Mellon Small Cap Growth Fund

    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
    $24,280,995  As of  03/24/23
    Class Assets
    $24,135,788  As of  03/24/23
    Portfolio Turnover Rate
    24.58% As of fiscal year end  09/30/22
    Morningstar Category
    Small Growth
    Benchmark
    Russell 2000® Growth Index
    Morningstar Overall Rating
    Fund Holdings
    83 As of 02/28/23

    Morningstar Rating™ as of February 28, 2023 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 (574 funds rated); 3 Yrs. 3 Stars (574 funds rated); 5 Yrs. 4 Stars (528 funds rated); 10 Yrs. 4 Stars (399 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.

     

    Portfolio Managers

    • John Porter

      John Porter

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

      6 yr(s). on fund

    • Todd Wakefield

      Todd Wakefield, CFA

      Research Analyst, Newton Investment Management North America, LLC

      9 yr(s). on fund

    • Robert Zeuthen

      Robert Zeuthen, CFA

      Research Analyst, Newton Investment Management North America, LLC

      9 yr(s). on fund

    • Karen Behr

      Karen Behr

      Portfolio Manager,

      1 yr(s). on fund


    Total Returns

    Average Annual
    As of 02/28/23
    Name 3 MO
    02/28/23
    YTD
    02/28/23
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Small Cap Growth Fund
    SSETX
    0.89 7.83 -9.26 8.64 9.76 12.37 10.49
    Russell 2000® Growth Index
    1.78 8.76 -7.92 6.51 5.06 9.31 -
    Average Annual
    As of 12/31/22
    Name 3 MO
    12/31/22
    YTD
    12/31/22
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Small Cap Growth Fund
    SSETX
    0.83 -27.54 -27.54 5.82 9.16 12.34 10.24
    Russell 2000® Growth Index
    4.13 -26.36 -26.36 0.65 3.51 9.20 -

    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 cannot invest directly in any index.

    Growth of $10,000 Investment

    Historical Performance

      Not available for purchase by individual investors.

      Yearly Total Return

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


      Prospectus Fee Table Expense Ratios

      As of  02/01/23 Fee Description Expense Ratio (%)
      Management Fee 0.80%
      Administration Fee 0.06%
      Other Expenses 0.95%
      Total Expenses 1.81%
      Expenses Reimbursed 0.81%
      Net Expenses 1.00%
      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 February 1, 2024, 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 classes (excluding taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceeds 1.00%. On or after February 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

      Portfolio Manager/Sub-Investment Adviser

      The fund is managed by a team of investment professionals employed by Newton Investment Management North America, LLC (Newton). The team members who are jointly and primarily responsible for managing the fund's portfolio are John Porter, the lead portfolio manager, Karen Behr, Todd W. Wakefield, CFA, and Robert C. Zeuthen, CFA. Mr. Porter has been a primary portfolio manager of the fund since March 2017. He is Chief Investment Officer and Head of Equity at Newton. Ms. Behr has been a primary portfolio manager of the fund since September 2021. She is a portfolio manager at Newton. Messrs. Wakefield and Zeuthen have been primary portfolio managers of the fund since April 2013, and each is a research analyst at Newton.

      Top Holdings

      As of 02/28/23

      Asset Allocation


          Daily Statistics

          As of 03/24/23 Name NAV Change 04/04/22  12 Month 
          High Nav
          06/16/22  12 Month 
          Low Nav
          YTD Return
          SSETX
          $31.76
          $0.20
          0.63%
          $39.72 $28.79 0.70%

          Performance Metrics

          Overall Morningstar Rating


          MORNINGSTAR CATEGORY Small Growth


          Morningstar Rating™ as of 02/28/23 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 (574 funds rated); 3 Yrs. 3 Stars (574 funds rated); 5 Yrs. 4 Stars (528 funds rated); 10 Yrs. 4 Stars (399 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
            379 out of 712
          • 3 Year
            366 out of 677
          • 5 Year
            91 out of 628
          • 10 Year
            30 out of 459

          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

          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.
          Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

          Risk Metrics

          As of  02/28/23  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          SSETX
          27.64 -2.92 1.10 69.06 0.40

          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.



          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Sep 30
          Year Dividend ($) Capital Gains ($)
          2021 0.0000 6.9220
          2020 0.0000 2.1716
          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

          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
          Reinvest 
          NAV
          12/01/21 12/02/21 12/02/21 0.0000 0.0000 0.1282 0.0418 6.7520 6.9220 42.57
          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
          Reinvest 
          NAV
          12/01/20 12/02/20 12/02/20 0.0000 0.0000 0.1905 0.0211 1.9600 2.1716 -
          12/04/18 12/06/18 12/06/18 0.0000 0.0000 0.7444 0.0650 3.4517 4.2611 -
          12/06/17 12/07/17 12/07/17 0.0000 0.0000 1.2321 0.1083 2.8335 4.1739 -
          12/06/16 12/07/16 12/07/16 0.0000 0.0000 0.0000 0.0000 4.1249 4.1249 -
          12/09/15 12/10/15 12/10/15 0.0000 0.0000 1.2086 0.1824 7.4494 8.8404 -
          12/09/14 12/10/14 12/10/14 0.0000 0.0000 5.6097 0.2508 15.0506 20.9111 -
          12/04/13 12/05/13 12/05/13 0.0000 0.0000 3.1252 0.3326 16.2900 19.7478 -
          12/03/12 12/04/12 12/04/12 0.0000 0.0000 0.0000 0.0000 5.8740 5.8740 -
          12/01/11 12/02/11 12/02/11 0.0000 0.0000 0.0000 0.0000 1.0470 1.0470 -

          Literature

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