BNY Mellon Small/Mid Cap Growth Fund

Why invest in this Fund?

The fund seeks long-term growth of capital. To pursue this goal, the fund invests, under normal circumstances, at least 80% of its assets in equity securities of small-cap and mid-cap U.S. companies. The fund currently considers small-cap and mid-cap companies to be those with total market capitalizations that are equal to or less than the total market capitalization of the largest company included in the Russell 2500 ® Growth Index.

Min. class investment
$0
Class Inception Date
01/19/18
Class Status
Class Z shares are closed to new accounts.
Fund Assets
$2,097,613,916  As of  08/23/19
Class Assets
$113,195,684  As of  08/23/19
Portfolio Turnover Rate
56.70%  As of fiscal year end  09/30/18
Morningstar Category
Mid-Cap Growth
Benchmark
Russell 2500(r) Growth Index
Fund Holdings
87  As of  07/31/19

Portfolio Managers

  • Wakefield, Todd

    Todd Wakefield

    Senior Managing Director and Portfolio Manager, Mellon Investments Corporation

    14 yr(s). on fund

  • Zeuthen, Robert

    Robert Zeuthen

    Portfolio Manager, Mellon Investments Corporation

    6 yr(s). on fund

  • Porter, John

    John Porter

    Portfolio Manager, Mellon Investments Corporation

    2 yr(s). on fund


As of  07/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Small/Mid Cap Growth Fund
DBMZX
12.96 18.38 13.77 15.74 12.52 01/19/18
Russell 2500(r) Growth Index
5.81 14.51 11.47 14.99 - -
As of  06/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Small/Mid Cap Growth Fund
DBMZX
10.25 19.92 12.45 16.49 12.50 01/19/18
Russell 2500(r) Growth Index
6.13 16.14 9.98 15.67 - -
As of  07/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Small/Mid Cap Growth Fund
DBMZX
12.96 65.91 90.61 331.42 4,052.92 01/19/18
Russell 2500(r) Growth Index
5.81 50.16 72.10 304.07 - -
As of  06/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Small/Mid Cap Growth Fund
DBMZX
10.25 72.47 79.80 360.03 3,985.10 01/19/18
Russell 2500(r) Growth Index
6.13 56.64 60.93 328.77 - -
The Russell 2500™ Growth Index measures the performance of the small- to mid-cap growth segment of the U.S. equity universe. It includes those Russell 2500 companies with higher growth earning potential as defined by Russell's leading style methodology. The Russell 2500 Growth Index is constructed to provide a comprehensive and unbiased barometer of the small- to mid-cap growth market. The index is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true small- to mid-cap opportunity set and that the represented companies continue to reflect growth characteristics.

The total return performance figures presented for Class Z shares of the fund represent the performance of the fund's Class I for periods prior to January 19, 2018, the inception date for Class Z shares, and the performance of Class Z, 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

    Class Z shares are closed to new accounts.

    Yearly Total Return

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    DBMZX
    -1.63% 26.52% 10.79% -2.17% 3.93% 40.55% 14.71% 5.75% 22.30% 25.33%

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


    Monthly Expense Ratios (Annualized)

    As of  07/31/19 Fee Description Expense Ratio (%)
    Management Fee 0.60%
    12B-1 Fee 0.07%
    Other Expenses 0.09%
    Total Expenses 0.76%

    Prospectus Fee Table Expense Ratios

    As of  02/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.60%
    12B-1 Fee 0.10%
    Other Expenses 0.14%
    Total Expenses 0.84%

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. BNY Mellon Investment Adviser, Inc., has engaged its affiliate, Mellon Investments Corporation (Mellon), to serve as the fund's subadviser. The fund is managed by a team of portfolio managers employed by Mellon. The team consists of John Porter, the lead portfolio manager, Todd W. Wakefield, CFA, and Robert C. Zeuthen, CFA. Mr. Porter has been a primary portfolio manager of the fund since March 2017, and is the head of the U.S. Small Mid Cap Equity investment team and one of the Active Equity Chief Investment Officers at Mellon. Mr. Wakefield has been a primary portfolio manager of the fund since September 2005, and is a senior managing director, senior portfolio manager and a member of the U.S. Small Mid Cap Equity investment team at Mellon. Mr. Zeuthen has been a primary portfolio manager of the fund since April 2013, and is a senior managing director, senior portfolio manager, senior equity research analyst and a member of the U.S. Small Mid Cap Equity investment team at Mellon.

    Top Holdings

    As of  07/31/19   Holdings % Portfolio  Weight
    Shopify 4.07
    Twilio 3.87
    DexCom 3.21
    HubSpot 3.18
    Planet Fitness 2.95
    Rapid7 2.57
    Lululemon Athletica 2.49
    Splunk 2.48
    ABIOMED 2.43
    Teladoc Health 2.33

    Asset Allocation


        Daily Statistics

        As of  08/23/19 Name NAV Change 09/04/18  12 Month 
        High Nav
        12/24/18  12 Month 
        Low Nav
        YTD Return
        DBMZX
        $22.71
        -$0.51
        -2.20%
        $25.29 $16.50 26.17%

        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  07/31/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DBMZX
        17.72 2.07 1.26 74.33 0.96

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Sep 30

        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
        DBMZX
        0.0000 0.0000 0.2349 0.0585 1.2774 1.5708 20.49
        Record Date Ex-Dividend Date Payable Date
        DBMZX
        11/30/18 12/03/18 12/03/18
        (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
        DBMZX
        Final 0.0000 0.0000 0.2349 0.0585 1.2774 1.5708 20.49
        Record Date Ex-Dividend Date Payable Date
        DBMZX
        11/30/18 12/03/18 12/03/18