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
    04/15/99
    Fund Assets
    $353,122,482  As of  09/06/24
    Class Assets
    $3,384,543  As of  09/06/24
    Portfolio Turnover Rate
    54.77% As of fiscal year end  08/31/23
    Morningstar Category
    Technology
    Benchmark
    NYSE® Technology Index
    Fund Holdings
    39 As of 07/31/24

    Portfolio Managers

    • Brian Byrnes

      Brian Byrnes, CFA

      Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since May 2024

      Joined Firm in 2022

      Joined Industry in 2013
    • Robert Zeuthen

      Robert Zeuthen, CFA

      Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since 2022

      Joined Firm in 2006

      Joined Industry in 1990
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  1.00%  CDSC Load

    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 Technology Growth Fund
    DTGCX
    		3.67 15.49 29.21 -1.65 14.42 13.25 9.62

    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 Technology Growth Fund
    DTGCX
    		5.36 20.29 37.99 0.61 14.71 13.93 9.85
    NYSE® Technology Index
    		7.30 19.31 40.95 8.05 22.92 19.46 -

    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.

    The total return performance figures presented for Class C shares of the fund represent the performance of the fund's Class A for periods prior to April 15, 1999, the inception date for Class C shares, and the performance of Class C, 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

      These figures do not reflect the maximum sales charge which, if included, would reduce return.

      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

      Redemption Charge

      As of    REDEMPTION YEAR CDSC
      Year  1 1.00

      Class C shares are subject to a contingent deferred sales charge (CDSC) imposed on Class C shares redeemed within one year of purchase.

      Prospectus Fee Table Expense Ratios

      As of  12/29/23 Fee Description Expense Ratio (%)
      Management Fee 0.75%
      12B-1 Fee 0.75%
      Service Fee 0.25%
      Other Expenses 0.33%
      Total Expenses 2.08%
      Net Expenses 2.08%
      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.
      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. Robert C. Zeuthen and Brian Byrnes are the fund's primary portfolio managers, positions they have held since March 2022 and May 2024, respectively. Messrs. Zeuthen and Byrnes are jointly and primarily responsible for managing the fund's portfolio. Mr. Zeuthen is a research analyst at NIMNA and has been employed by NIMNA or a predecessor company of NIMNA since 2006. Mr. Byrnes is a research analyst at NIMNA and has been employed by NIMNA since 2022. Prior to joining NIMNA, Mr. Byrnes was a research analyst, among other positions, at Eaton Vance from 2018 to 2022

      Top Holdings

      Download Total Holdings
      As of 07/31/24

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 09/06/24 Name NAV Change 07/10/24  12 Month 
          High Nav           		10/26/23  12 Month 
          Low Nav           		YTD Return
          DTGCX
          		$28.76
          -$0.80
          -2.71%
          		$32.96 $20.90 7.88%

          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  07/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DTGCX
          		28.60 -5.60 1.44 71.36 -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
          Annualized Distribution Rate
          %
          As of 
          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

          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
          12/07/21 12/08/21 12/08/21 0.0000 0.0000 4.5612 0.1552 8.1631 12.8795
          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
          12/07/20 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
          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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