Historical Prices

Start Date End Date

BNY Mellon Active MidCap Fund

Why invest in this Fund?

The fund seeks to maximize capital appreciation by normally investing at least 80% of its assets, plus any borrowings for investment purposes, in the stocks of midsized companies. The fund defines "midsized companies" as companies included in the Russell Midcap Index at the time of purchase. The fund's portfolio managers apply a systematic, quantitative investment approach designed to identify and exploit relative misvaluations primarily within mid-cap stocks in the U.S. stock market.
Min. class investment
$1,000
Class Inception Date
11/27/02
Class Status
Not available for purchase by individual investors.
Fund Assets
$450,423,214  As of  01/24/20
Class Assets
$23,897,203  As of  01/24/20
Portfolio Turnover Rate
68.30%  As of fiscal year end  12/31/18
Morningstar Category
Mid-Cap Blend
Benchmark
Russell Midcap Index
Morningstar Overall Rating
Fund Holdings
119  As of  12/31/19

Morningstar Rating™ as of December 31, 2019 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Mid-Cap Blend category. Fund ratings are out of 5 Stars: Overall 3 Stars (361 funds rated); 3 Yrs. 2 Stars (361 funds rated); 5 Yrs. 2 Stars (292 funds rated); 10 Yrs. 3 Stars (220 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

  • Logan, Adam

    Adam Logan

    Mellon Investments Corporation

    1 yr(s). on fund

  • Yao, Chris

    Chris Yao

    Mellon Investments Corporation

    1 yr(s). on fund

  • Goslin, Peter

    Peter Goslin

    Portfolio Manager, Mellon Investments Corporation

    3 yr(s). on fund

  • Zamil, Syed A.

    Syed A. Zamil

    CFA, Portfolio Manager, Mellon Investments Corporation

    3 yr(s). on fund


As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Active MidCap Fund
DNLRX
17.21 5.58 5.50 10.46 10.25 11/27/02
Russell Midcap Index
30.54 12.06 9.33 13.19 - -
As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Active MidCap Fund
DNLRX
17.21 5.58 5.50 10.46 10.25 11/27/02
Russell Midcap Index
30.54 12.06 9.33 13.19 - -
As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Active MidCap Fund
DNLRX
17.21 17.69 30.71 170.47 2,915.39 11/27/02
Russell Midcap Index
30.54 40.70 56.21 245.30 - -
As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Active MidCap Fund
DNLRX
17.21 17.69 30.71 170.47 2,915.39 11/27/02
Russell Midcap Index
30.54 40.70 56.21 245.30 - -
The Russell Midcap® Index measures the performance of the mid-cap segment of the U.S. equity universe. The Russell Midcap® Index is a subset of the Russell 1000® Index. It includes approximately 800 of the smallest securities based on a combination of their market cap and current index membership. The Russell Midcap® Index represents approximately 31% of the total market capitalization of the Russell 1000 companies. The Russell Midcap® Index is constructed to provide a comprehensive and unbiased barometer for the mid-cap segment. The index is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true mid-cap opportunity set.

The total return performance figures presented for Class I shares of the fund represent the performance of the fund's Class A for periods prior to November 27, 2002, 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
    DNLRX
    17.21% -14.12% 16.91% 9.02% 1.88% 14.84% 35.73% 18.94% -5.14% 17.66%

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


    Prospectus Fee Table Expense Ratios

    As of  12/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.75%
    Other Expenses 0.14%
    Total Expenses 0.89%
    Expenses Reimbursed 0.15%
    Net Expenses 0.74%
    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 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 .15% of the value of the fund's average daily net assets from December 1, 2019 until May 31, 2020. On or after May 31, 2020, BNY Investment Adviser, Inc. may terminate this waiver agreement at any time.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. The fund is managed by a team of portfolio managers who are members of the Multi-Factor Equity team at Mellon Investments Corporation (Mellon), an affiliate of BNY Mellon Investment Adviser, Inc. (BNYM Mellon Investment Adviser). The team members who are jointly and primarily responsible for managing the fund's portfolio are Peter D. Goslin, CFA, Syed A. Zamil, CFA, Adam Logan, CFA and Chris Yao, CFA. Mr. Goslin has been a primary portfolio manager of the fund since February 2015. Mr. Zamil has been a primary portfolio manager of the fund since March 2017. Messrs. Logan and Yao have been primary portfolio managers of the fund since December 2019. Mr. Goslin is a director and senior portfolio manager at Mellon, where he leads the Multi-Factor Equity team. Mr. Zamil is a managing director and global investment strategist for the Multi-Factor Equity team at Mellon. Mr. Logan is a senior portfolio manager on the Multi-Factor Equity team at Mellon. Mr. Yao is head of Equity Quantitative research at Mellon. The portfolio managers manage the fund in their capacity as employees of BNY Mellon Investment Adviser, Inc.

    Top Holdings

    As of  12/31/19   Holdings % Portfolio  Weight
    Agilent Technologies 1.58
    Hilton Worldwide Holdings 1.47
    Ingersoll-Rand 1.46
    CDW 1.45
    Mettler-Toledo International 1.44
    Synchrony Financial 1.41
    Host Hotels & Resorts 1.38
    Discover Financial Services 1.38
    AutoZone 1.36
    Waters 1.33

    Asset Allocation


        Daily Statistics

        As of  01/24/20 Name NAV Change 05/03/19  12 Month 
        High Nav
        08/14/19  12 Month 
        Low Nav
        YTD Return
        DNLRX
        $55.61
        -$0.75
        -1.33%
        $56.83 $51.45 0.54%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Mid-Cap Blend


        Morningstar Rating™ as of 12/31/19 for the Class I shares; other classes may have different performance characteristics. Overall rating for the Mid-Cap Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (873 funds rated); 3 Yrs. 2 Stars (361 funds rated); 5 Yrs. 2 Stars (292 funds rated); 10 Yrs. 3 Stars (220 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
          346 out of 360
        • 3 Year
          290 out of 326
        • 5 Year
          212 out of 268
        • 10 Year
          114 out of 188

        LIPPER CLASSIFICATION Mid-Cap Core Funds


        Lipper Category returns and rankings are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

        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.

        Risk Metrics

        As of  12/31/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DNLRX
        13.05 -9.04 1.02 89.84 0.35

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Dec 31
        Year Dividend ($) Capital Gains ($)
        2019 0.2980 1.2592
        2018 0.2177 5.0985
        2017 0.5449 6.8221
        2016 0.3429 0.4160
        2015 0.6182 1.3999
        2014 0.3427 0.0000
        2013 0.4413 0.0000
        2012 0.5090 0.0000
        2011 0.0836 0.0000
        2010 0.1085 0.0000
        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
        DNLRX
        0.0000 0.2980 0.0000 0.0000 1.2397 1.5377 55.24
        Record Date Ex-Dividend Date Payable Date
        DNLRX
        12/18/19 12/19/19 12/19/19
        (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
        DNLRX
        Final 0.0000 0.2980 0.0000 0.0000 1.2397 1.5377 55.24
        Record Date Ex-Dividend Date Payable Date
        DNLRX
        12/18/19 12/19/19 12/19/19