Historical Prices

Start Date End Date

BNY Mellon Income Stock Fund

Why invest in this Fund?

The fund seeks total return (consisting of capital appreciation and income). To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in stocks. The fund seeks to focus on dividend-paying stocks and other investments and investment techniques that provide income. The investment adviser chooses stocks through a disciplined investment process that combines computer modeling techniques, fundamental analysis and risk management.

Min. class investment
$1,000
Class Inception Date
05/31/16
Class Status
Not available for purchase by individual investors.
Fund Assets
$14,159,641  As of  06/04/20
Class Assets
$11,328,485  As of  06/04/20
Portfolio Turnover Rate
59.45%  As of fiscal year end  08/31/19
Morningstar Category
Large Value
Benchmark
Dow Jones U.S. Select Dividend Index
Fund Holdings
52  As of  04/30/20

Morningstar Rating™ as of April 30, 2020 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Large Value category. Fund ratings are out of 5 Stars: Overall 2 Stars (1104 funds rated); 3 Yrs. 2 Stars (1104 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. ©2018 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

  • Ferguson, Brian C.

    Brian C. Ferguson

    Portfolio Manager, Mellon Investments Corporation

    5 yr(s). on fund

  • Bailer, John

    John Bailer

    Senior Portfolio Manager, Mellon Investments Corporation

    28 yr(s). in industry

    9 yr(s). on fund

  • Intoppa, David S.

    David S. Intoppa

    Senior Research Analyst, Mellon Investments Corporation

    5 yr(s). on fund


As of  05/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Income Stock Fund
BMIIX
-7.57 0.71 3.55 9.79 9.98 05/31/16
As of  03/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Income Stock Fund
BMIIX
-22.19 -4.44 0.77 7.35 9.56 05/31/16
Dow Jones U.S. Select Dividend Index
-21.70 -3.14 2.73 8.91 - -
As of  05/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Income Stock Fund
BMIIX
-7.57 2.14 19.06 154.39 2,803.23 05/31/16
As of  03/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Income Stock Fund
BMIIX
-22.19 -12.74 3.91 103.20 2,394.91 05/31/16
Dow Jones U.S. Select Dividend Index
-21.70 -9.13 14.40 134.75 - -

DUE TO HIGH MARKET VOLATILITY IN MARCH 2020, CURRENT PERFORMANCE MAY BE LOWER THAN THE FIGURES SHOWN.


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 Dow Jones U.S. Select DividendTM Index is defined as all dividend-paying companies in the Dow Jones U.S. Index, excluding REITs, that have a non-negative historical five-year dividend-per-share growth rate, a five-year average dividend coverage ratio of greater than or equal to 167%, paid dividends in each of the previous five years, non-negative trailing 12-month earnings-per-share (EPS), a float-adjusted market capitalization of at least US$1 billion, and three-month average daily trading volume of 200,000 shares. Investors cannot invest directly in any index.

The total return performance figures presented for Class I shares of the fund represent the performance of the fund's Class M for periods prior to May 31, 2016, the inception date for Class I shares, and the performance of Class I, 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

Historical Performance

    Not available for purchase by individual investors.

    Yearly Total Return

    Fund 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    BMIIX
    28.38% -8.35% 15.06% 17.03% 0.66% 10.64% 34.24% 14.86% 3.61% 14.27%

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


    Prospectus Fee Table Expense Ratios

    As of  12/31/19 Fee Description Expense Ratio (%)
    Management Fee 0.65%
    Administration Fee 0.12%
    Other Expenses 0.07%
    Total Expenses 0.84%
    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 June 1, 2021, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of Class A, C, I or Y shares (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowing, and extraordinary expenses) exceed 0.90%. On or after June 1, 2021, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Fund Advisers, a division of BNY Mellon Investment Adviser, Inc. John C. Bailer, Brian C. Ferguson and David S. Intoppa are the fund's primary portfolio managers. Mr. Bailer has held that position since December 2011, and Messrs. Ferguson and Intoppa have held that position since December 2015. Mr. Bailer is a senior managing director and senior portfolio manager of U.S. dividend-oriented and large-cap strategies at Mellon Investments Corporation (Mellon), an affiliate of BNY Mellon Investment Adviser, Inc. Mr. Ferguson is a senior managing director and senior portfolio manager of the U.S. Large Capitalization Value Equity Team of Mellon. Mr. Intoppa is a senior research analyst on Mellon's Dynamic Large Cap Value strategy. Mellon investment professionals manage the fund in their capacity as employees of BNY Mellon Investment Adviser, Inc.

    Top Holdings

    As of  04/30/20   Holdings % Portfolio  Weight
    JPMorgan Chase & Co. 4.83
    Goldman Sachs Group 4.45
    US Bancorp 4.03
    PPL 3.89
    Bank Of America 3.89
    Medtronic 3.77
    Morgan Stanley 3.73
    CF Industries Holdings 3.70
    AbbVie 3.19
    Citigroup 2.87

    Asset Allocation


        Daily Statistics

        As of  06/04/20 Name NAV Change 11/27/19  12 Month 
        High Nav
        03/23/20  12 Month 
        Low Nav
        YTD Return
        BMIIX
        $7.31
        $0.10
        1.39%
        $9.43 $5.01 -17.05%

        Main Risks

        Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.
        Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currencyEquity funds are subject generally to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund's prospectus.
        Please refer to the prospeexchange 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.ctus for a more complete discussion of the fund's main risks.
        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  04/30/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        BMIIX
        20.48 -10.03 1.16 91.23 -0.02

        Dividend Schedule

        Declared
        Monthly
        Distributed
        Monthly
        Paid
        Monthly
        Fiscal Year End
        Aug 31
        Year Dividend ($) Capital Gains ($)
        2020 0.0748 0.0000
        2019 0.1875 0.7069
        2018 0.2049 0.7568
        2017 0.1864 0.6891
        2016 0.1326 0.2809
        There is no guarantee that the fund will distribute any level annually. Capital gains may be short-term, long-term, or both.

        Distributions History

        (Values Listed In $) 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
        BMIIX
        0.0000 0.0167 0.0000 0.0000 0.0000 0.0167 6.86
        Record Date Ex-Dividend Date Payable Date
        BMIIX
        05/28/20 05/29/20 05/29/20
        (Values Listed In $) Distribution Status 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
        BMIIX
        Final 0.0000 0.0259 0.0000 0.0441 0.6628 0.7328 8.64
        Record Date Ex-Dividend Date Payable Date
        BMIIX
        12/06/19 12/09/19 12/09/19