BNY Mellon Small Cap Value Fund

Why invest in this Fund?

The fund seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets in equity securities of small-cap U.S. companies. The fund currently considers small-cap companies to be those with total market capitalizations, at the time of purchase, that are equal to or less than the total market capitalization of the largest company included in the Russell 2000 Value Index.

Min. class investment
$1,000
Class Inception Date
08/01/16
Fund Assets
$200,588,852  As of  12/12/19
Class Assets
$26,890,217  As of  12/12/19
Portfolio Turnover Rate
69.41%  As of fiscal year end  09/30/19
Morningstar Category
Small Blend
Benchmark
Russell 2000(r) Value Index
Morningstar Overall Rating
Fund Holdings
138  As of  11/30/19

Morningstar Rating™ as of November 30, 2019 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Small Blend category. Fund ratings are out of 5 Stars: Overall 3 Stars (637 funds rated); 3 Yrs. 3 Stars (637 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

  • Cohn, Nicholas

    Nicholas Cohn

    Mellon Investments Corporation

    0 yr(s). on fund

  • Corrado, Joseph M.

    Joseph M. Corrado

    Porfolio Manager, Mellon Investments Corporation

    19 yr(s). on fund

  • Brandaleone, Stephanie K.

    Stephanie K. Brandaleone

    Portfolio Manager, Mellon Investments Corporation

    19 yr(s). on fund

  • Piskorowski, Jonathan J.

    Jonathan J. Piskorowski

    Portfolio Manager, Mellon Investments Corporation

    5 yr(s). on fund


Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
As of  11/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Small Cap Value Fund
RUDAX
-0.62 5.26 6.72 10.84 10.79 08/01/16
Russell 2000(r) Value Index
3.96 4.98 6.83 10.99 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Small Cap Value Fund
RUDAX
-10.49 6.59 6.56 9.98 10.62 08/01/16
Russell 2000(r) Value Index
-8.24 6.54 7.17 10.06 - -
Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
As of  11/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Small Cap Value Fund
RUDAX
-0.62 16.63 38.43 179.86 663.38 08/01/16
Russell 2000(r) Value Index
3.96 15.71 39.16 183.73 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Small Cap Value Fund
RUDAX
-10.49 21.11 37.41 158.97 627.89 08/01/16
Russell 2000(r) Value Index
-8.24 20.93 41.37 160.75 - -

Part of the fund’s recent performance is attributable to positive returns from its initial public offering (IPO) investments.  There can be no guarantee that IPOs will have or continue to have a positive effect on fund performance.

The Russell 2000® Value Index measures the performance of the small-cap value segment of the U.S. equity universe. It includes those Russell 2000 companies that are considered more value-oriented relative to the overall market as defined by Russell’s leading style methodology. The Russell 2000® Value Index is constructed to provide a comprehensive and unbiased barometer for the small-cap value segment. The index is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true small-cap opportunity set and that the represented companies continue to reflect value characteristics.

The total return performance figures presented for Class A shares of the fund represent the performance of the fund's Class I for periods prior to August 01, 2016, the inception date for Class A shares, and the performance of Class A, 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

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

    Yearly Total Return

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    RUDAX
    -8.70% 10.21% 25.66% -6.05% 2.27% 36.18% 18.47% -1.92% 19.44% 31.78%

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


    Prospectus Fee Table Expense Ratios

    As of  02/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.80%
    Service Fee 0.25%
    Other Expenses 0.31%
    Total Expenses 1.36%

    Sales Charge

    Investment Amount Sales Charge
    Less than $50,000 5.75%
    Less than $100,000 4.50%
    Less than $250,000 3.50%
    Less than $500,000 2.50%
    Less than $1,000,000 2.00%
    Over $1,000,000 0.00%
    There is a 1% CDSC for purchases of $1,000,000 and over if redeemed within one year of purchase.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc (BNYM Investment Adviser). The fund is managed by a team of portfolio managers employed by BNY Mellon Investment Adviser and Mellon Investments Corporation (Mellon), an affiliate of BNYM Investment Adviser. The team members who are jointly and primarily responsible for managing the fund's portfolio are Joseph M. Corrado, CFA, Stephanie K. Brandaleone, CFA, Jonathan J. Piskorowski, CFA and Nicholas Cohn. Mr. Corrado and Ms. Brandaleone have been primary portfolio managers of the fund since February 2000. Mr. Piskorowski has been a primary portfolio manager of the fund since October 2014. Mr. Cohn has been a primary portfolio manager of the fund since December 2019. Mr. Corrado is a senior managing director and lead portfolio manager for the U.S. small-cap value and U.S. small/mid-cap value strategies at Mellon. Ms. Brandaleone is a director, portfolio manager and investment research analyst for the U.S. small-cap value and U.S. small/mid-cap value strategies at Mellon. Mr. Piskorowski is a director and portfolio manager for the U.S. small-cap core strategy and an investment research analyst for the U.S. small-cap value and U.S. small/mid-cap value strategies at Mellon. Mr. Cohn is a portfolio manager and senior research analyst for the active equity strategies at Mellon.

    Top Holdings

    As of  11/30/19   Holdings % Portfolio  Weight
    Webster Financial 1.96
    Avista 1.54
    Newmark Group 1.45
    Cheesecake Factory 1.35
    MKS Instruments 1.33
    Aerojet Rocketdyne Holdings 1.30
    Coeur Mining 1.29
    Coherent 1.29
    Lumentum Holdings 1.27
    UMB Financial 1.24

    Asset Allocation


        Daily Statistics

        As of  12/12/19 Name NAV Change 12/12/19  12 Month 
        High Nav
        01/03/19  12 Month 
        Low Nav
        YTD Return
        RUDAX
        $21.49
        $0.35
        1.66%
        $21.49 $17.46 22.10%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Small Blend


        Morningstar Rating™ as of 11/30/19 for the Class A shares; other classes may have different performance characteristics. Overall rating for the Small Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (1516 funds rated); 3 Yrs. 3 Stars (637 funds rated); 5 Yrs. Stars (509 funds rated); 10 Yrs. Stars (370 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
          568 out of 927
        • 3 Year
          336 out of 832
        • 5 Year
          out of
        • 10 Year
          out of

        LIPPER CLASSIFICATION Small-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.

        Risk Metrics

        As of  11/30/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        RUDAX
        15.84 -8.04 1.13 74.73 0.42

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Sep 30
        Year Dividend ($) Capital Gains ($)
        2018 0.0291 2.7364
        2017 0.0600 4.0429
        2016 0.0940 1.9132
        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
        RUDAX
        0.0010 0.0281 0.0081 0.2361 2.4922 2.7655 17.57
        Record Date Ex-Dividend Date Payable Date
        RUDAX
        12/18/18 12/19/18 12/19/18
        (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
        RUDAX
        Estimated 0.1046 0.0000 0.0000 0.0000 1.4800 1.5846 -
        Record Date Ex-Dividend Date Payable Date
        RUDAX
        12/18/19 12/19/19 12/19/19