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    BNY Mellon Technology Growth Fund

    Overview

    Why invest in this Fund?

    The fund seeks capital appreciation. To pursue this goal, the fund normally invests at least 80% of its assets in the stocks of growth companies of any size that the manager believes to be leading producers or beneficiaries of technological innovation. Up to 25% of the fund's assets may be invested in foreign securities. In choosing stocks, the fund looks for technology companies with the potential for strong earnings or revenue growth rates.
    Min. class investment
    $1,000
    Class Inception Date
    10/13/97
    Fund Assets
    $281,534,892  As of  10/03/23
    Class Assets
    $261,001,364  As of  10/03/23
    Portfolio Turnover Rate
    43.78% As of fiscal year end  08/31/22
    Morningstar Category
    Technology
    Benchmark
    NYSE® Technology Index
    Fund Holdings
    39 As of 08/31/23

    Morningstar Rating™ as of August 31, 2023 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Technology category. Fund ratings are out of 5 Stars: Overall 2 Stars (228 funds rated); 3 Yrs. 2 Stars (228 funds rated); 5 Yrs. 3 Stars (202 funds rated); 10 Yrs. 2 Stars (157 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

    • Robert Zeuthen

      Robert Zeuthen, CFA

      Research Analyst, Newton Investment Management North America, LLC

      1 yr(s). on fund
    • Jonathan J. Piskorowski

      Jonathan J. Piskorowski, CFA

      Research Analyst, Newton Investment Management North America, LLC

      Since October 2022
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  5.75%  Front End Load

    Month End

    Average Annual
    As of 09/30/23
    Name 3 MO
    09/30/23     		YTD
    09/30/23     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Technology Growth Fund
    DTGRX
    		-4.30 32.92 32.13 -2.96 6.88 12.05 9.47

    Quarter End

    Average Annual
    As of 09/30/23
    Name 3 MO
    09/30/23     		YTD
    09/30/23     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Technology Growth Fund
    DTGRX
    		-4.30 32.92 32.13 -2.96 6.88 12.05 9.47

    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 NYSE® Technology Index is an equal-dollar weighted index designed to objectively represent the technology sector by holding 35 of the leading U.S. technology-related companies. 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

       

      Yearly Total Return

      Yearly

      Fees & Expenses

      Prospectus Fee Table Expense Ratios

      As of  12/30/22 Fee Description Expense Ratio (%)
      Management Fee 0.75%
      Service Fee 0.25%
      Other Expenses 0.16%
      Total Expenses 1.16%
      Expenses Reimbursed 0.10%
      Net Expenses 1.06%
      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 to waive receipt of a portion of its management fee in the amount of .10% of the value of the fund's average daily net assets until December 30, 2023. On or after December 30, 2023, BNY Mellon Investment Adviser, Inc. may terminate this waiver agreement at any time.

      Sales Charge

      Portfolio

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). Newton Investment Management North America, LLC (NIMNA), the fund's sub-adviser, 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, including, but not limited to, portfolio management services. NIM is subject to the supervision of NIMNA and BNYM Investment Adviser. NIM is also an affiliate of BNYM Investment Adviser. Jonathan Piskorowski and Robert C. Zeuthen are the fund's primary portfolio managers. Messrs. Piskorowski and Zeuthen have been primary portfolio managers of the fund since October 2022 and March 2022, respectively. Messrs. Piskorowski and Zeuthen are research analysts at NIMNA.

      Top Holdings

      Download Total Holdings
      As of 08/31/23

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 10/03/23 Name NAV Change 07/31/23  12 Month 
          High Nav           		12/28/22  12 Month 
          Low Nav           		YTD Return
          DTGRX
          		$41.73
          -$1.02
          -2.39%
          		$47.16 $30.93 30.57%

          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.
          The technology sector involves special risks, such as the faster rate of change and obsolescence of technological advances, and has been among the most volatile sectors of the stock market.

          Risk Metrics

          As of  08/31/23  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DTGRX
          		26.70 -8.94 1.28 67.02 -0.02

          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 MSCI ACWI 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
          Year Dividend ($) Capital Gains ($)
          2021 0.0000 12.8795
          2020 0.0000 3.6766
          2019 0.0000 6.8131
          2018 0.0000 11.2834
          2017 0.0000 4.8540
          2016 0.0000 3.8502
          2015 0.0000 2.5838
          2014 0.0000 7.7359
          2013 0.0000 0.8369
          1999 0.0000 0.2510

          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
          12/07/21 12/08/21 12/08/21 0.0000 0.0000 4.5612 0.1552 8.1631 12.8795 62.62
          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
          12/07/20 12/08/20 12/08/20 0.0000 0.0000 0.0000 0.0000 3.6766 3.6766 -
          12/09/19 12/10/19 12/10/19 0.0000 0.0000 0.0000 0.0000 6.8131 6.8131 -
          12/10/18 12/11/18 12/11/18 0.0000 0.0000 0.2943 0.4709 10.5182 11.2834 -
          12/11/17 12/12/17 12/12/17 0.0000 0.0000 0.4808 0.3692 4.0040 4.8540 -
          12/12/16 12/13/16 12/13/16 0.0000 0.0000 0.0000 0.0000 3.8502 3.8502 -
          12/16/15 12/17/15 12/17/15 0.0000 0.0000 0.0000 0.1332 2.4506 2.5838 -
          12/16/14 12/17/14 12/17/14 0.0000 0.0000 0.8238 0.3704 6.5417 7.7359 -
          12/03/13 12/04/13 12/04/13 0.0000 0.0000 0.0000 0.0000 0.8369 0.8369 -
          12/08/99 12/09/99 12/09/99 0.0000 0.0000 0.2410 0.0000 0.0000 0.2510 -
          12/02/98 12/03/98 12/03/98 0.0000 0.0000 0.0820 0.0000 0.0000 0.0820 -
          Literature

          Literature

          PRODUCT MATERIALS

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          BNY Mellon Technology Growth Fund - Presentation Download

          Factsheet, Prospectus and Reports

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          Factsheet Download
          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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