BNY Mellon Small Cap Growth Fund
- TICKER SSETX
- Fund Code 6941
- CUSIP 05586X702
- SHARE CLASS
-
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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.
Morningstar Rating™ as of July 31, 2024 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 3 Stars (548 funds rated); 3 Yrs. 2 Stars (548 funds rated); 5 Yrs. 3 Stars (518 funds rated); 10 Yrs. 4 Stars (397 funds rated).
Portfolio Managers
-
John Porter
CIO, Head of Equity, Newton Investment Management North America, LLC
Managing Fund Since 2017
Joined Firm in 2016
Joined Industry in 1994
-
Karen Miki Behr
Portfolio Manager, Newton Investment Management Limited
Managing Fund Since 2021
Joined Firm in 2007
Joined Industry in 1999
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 Small Cap Growth Fund
SSETX |
9.77 | 6.50 | 3.79 | -5.94 | 7.63 | 10.99 | 10.32 |
Russell 2000® Growth Index
|
13.79 | 12.99 | 12.80 | -1.12 | 7.64 | 8.92 | - |
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 Small Cap Growth Fund
SSETX |
1.00 | 3.72 | 5.70 | -7.69 | 7.42 | 9.95 | 10.25 |
Russell 2000® Growth Index
|
-2.92 | 4.44 | 9.14 | -4.86 | 6.17 | 7.39 | - |
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 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.
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.
Prospectus Fee Table Expense Ratios
As of 02/01/24 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.80% |
Administration Fee | 0.06% |
Other Expenses | 1.18% |
Total Expenses | 2.04% |
Expenses Reimbursed | 1.04% |
Net Expenses | 1.00% |
The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until February 1, 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 taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceeds 1.00%. On or after February 1, 2025, 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 |
07/16/24 12 Month High Nav |
10/27/23 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
SSETX
|
$37.31 |
$0.08
0.21%
|
$38.38 | $29.07 | 5.90% |
Performance Metrics
Overall Morningstar Rating
MORNINGSTAR CATEGORY Small Growth
Morningstar Rating™ as of 07/31/24 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
3 Stars (548 funds rated); 3 Yrs.
2 Stars (548 funds rated); 5 Yrs.
3 Stars (518 funds rated); 10 Yrs.
4 Stars (397 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
546 out of 591 -
3 Year
418 out of 562 -
5 Year
294 out of 532 -
10 Year
77 out of 395
LIPPER CLASSIFICATION Small-Cap Growth Funds
Main Risks
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 07/31/24 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
SSETX
|
22.21 | -14.85 | 1.06 | 72.04 | -0.33 |
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 ($) |
---|---|---|
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 |
---|---|---|---|---|---|---|---|---|
12/01/21 | 12/02/21 | 12/02/21 | 0.0000 | 0.0000 | 0.1282 | 0.0418 | 6.7520 | 6.9220 |
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 |
---|---|---|---|---|---|---|---|---|
12/01/20 | 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
PRODUCT MATERIALS
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