BNY Mellon Technology Growth Fund
- TICKER DTGRX
- Fund Code 0255
- CUSIP 05587N588
- SHARE CLASS
-
Literature Download
Why invest in this Fund?
Morningstar Rating™ as of February 28, 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 (218 funds rated); 3 Yrs. 2 Stars (218 funds rated); 5 Yrs. 2 Stars (189 funds rated); 10 Yrs. 2 Stars (155 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, CFA
Research Analyst, Newton Investment Management North America, LLC
1 yr(s). on fund
-
Jonathan J. Piskorowski, CFA
Research Analyst, Newton Investment Management North America, LLC
Since October 2022
Total Returns
Month End
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 Technology Growth Fund
DTGRX |
1.31 | 11.70 | -27.19 | 4.22 | 5.07 | 11.79 | 8.95 |
NYSE® Technology Index
|
3.92 | -2.47 | 14.67 | 11.83 | 10.31 | 16.26 | - |
Quarter End
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 Technology Growth Fund
DTGRX |
-0.59 | -46.44 | -46.44 | 0.80 | 4.83 | 10.96 | 8.53 |
NYSE® Technology Index
|
3.39 | -40.81 | -40.81 | 6.80 | 9.52 | 15.30 | - |
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
Historical Performance
Yearly Total Return
Yearly
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% |
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 Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 03/27/23 Name | NAV | Change |
04/04/22 12 Month High Nav |
10/14/22 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
DTGRX
|
$36.87 |
-$0.25
-0.67%
|
$50.26 | $30.68 | 16.15% |
Main Risks
Small and midsized company stocks tend to be more volatile and less liquid than larger company stocks as these companies are less established and have more volatile earnings histories.
Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
The technology sector involves special risks, such as the faster rate ofchange and obsolescence of technological advances, and has been among the most volatile sectors of the stock market.
Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.
Risk Metrics
As of 02/28/23 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
DTGRX
|
29.98 | -4.88 | 1.32 | 76.68 | 0.25 |
All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is MSCI ACWI Index.
Dividend Schedule
Year | Dividend ($) | 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
PRODUCT MATERIALS
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