BNY Mellon Active MidCap Fund

    Overview

    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
    01/29/85
    Fund Assets
    $435,499,195  As of  09/06/24
    Class Assets
    $416,702,662  As of  09/06/24
    Portfolio Turnover Rate
    57.46% As of fiscal year end  12/31/23
    Morningstar Category
    Mid-Cap Blend
    Benchmark
    Russell Midcap Index
    Fund Holdings
    238 As of 07/31/24

    Portfolio Managers

    • Peter Goslin

      Peter Goslin, CFA

      Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since 2015

      Joined Firm in 1999

      Joined Industry in 1988
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  5.75%  Front End 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 Active MidCap Fund
    DNLDX
    		-1.31 4.75 11.94 2.81 9.31 6.89 9.97

    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 Active MidCap Fund
    DNLDX
    		-10.35 -1.22 6.00 2.29 6.95 6.61 9.85
    Russell Midcap Index
    		-3.35 4.96 12.88 2.37 9.46 9.04 -

    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 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. Investors cannot invest directly in any index.


    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

      Prospectus Fee Table Expense Ratios

      As of  05/01/24 Fee Description Expense Ratio (%)
      Management Fee 0.75%
      Service Fee 0.25%
      Other Expenses 0.15%
      Total Expenses 1.15%
      Expenses Reimbursed 0.15%
      Net Expenses 1.00%
      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 May 1, 2025, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the fund's share classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .75%. On or after May 1, 2025, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

      Sales Charge

      There is a 1% CDSC for purchases of $1,000,000 and over if redeemed within one year of purchase.

      Portfolio

      Portfolio Manager/Sub-Investment Adviser

      The primary portfolio manager of the fund is Peter D. Goslin, CFA. Mr. Goslin has been a primary portfolio manager of the fund since March 2017. Mr. Goslin is a portfolio manager at NIMNA. He has been employed by NIMNA or a predecessor company of NIMNA since 1999.

      Top Holdings

      Download Total Holdings
      As of 07/31/24

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 09/06/24 Name NAV Change 08/30/24  12 Month 
          High Nav           		10/27/23  12 Month 
          Low Nav           		YTD Return
          DNLDX
          		$59.30
          -$0.73
          -1.22%
          		$61.94 $47.56 6.41%

          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  07/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DNLDX
          		19.41 -3.95 1.02 87.76 0.18

          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 S&P 500® 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
          Dec 31
          Year Dividend ($) Capital Gains ($)
          2024 0.0228 0.6520
          2023 0.4167 0.5331
          2022 0.3609 3.9630
          2021 0.3037 10.6790
          2020 0.3922 1.2147
          2019 0.2496 1.2592
          2018 0.2610 5.0985
          2017 0.2404 6.8221
          2016 0.1819 0.4160
          2015 0.3261 1.3999

          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
          03/26/24 03/27/24 03/27/24 - 0.0228 - 0.0000 0.6520 0.6748
          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
          12/13/23 12/14/23 12/14/23 0.0000 0.3727 0.0000 0.0000 0.3381 0.7108
          03/29/23 03/30/23 03/30/23 - 0.0440 - 0.0000 0.1950 0.2390
          12/14/22 12/15/22 12/15/22 0.0000 0.2847 0.0000 0.0000 2.1748 2.4595
          03/29/22 03/30/22 03/30/22 0.0762 0.0000 0.3794 0.0000 1.4088 1.8644
          12/15/21 12/16/21 12/16/21 0.2508 0.0461 3.7191 0.6843 5.4708 10.1711
          03/29/21 03/30/21 03/30/21 - 0.0068 - 0.0000 0.8048 0.8116
          12/16/20 12/17/20 12/17/20 0.0000 0.3732 0.0000 0.0000 0.6887 1.0619
          03/25/20 03/26/20 03/26/20 0.0000 0.0190 0.0000 0.0000 0.5260 0.5450
          12/18/19 12/19/19 12/19/19 0.0000 0.1890 0.0000 0.0000 1.2397 1.4287
          03/20/19 03/21/19 03/21/19 0.0000 0.0606 0.0000 0.0000 0.0195 0.0801
          12/19/18 12/20/18 12/20/18 0.0000 0.2333 0.0000 0.0000 4.2820 4.5153
          03/21/18 03/22/18 03/22/18 0.0000 0.0277 0.0000 0.2207 0.5958 0.8442
          12/21/17 12/22/17 12/22/17 0.0000 0.1202 0.0000 0.3181 5.9616 6.3999
          03/22/17 03/23/17 03/23/17 0.0000 0.1202 0.0000 0.0000 0.5424 0.6626
          12/21/16 12/22/16 12/22/16 0.0000 0.1819 0.0000 0.0000 0.0000 0.1819
          03/23/16 03/24/16 03/24/16 0.0000 0.0000 0.0000 0.0000 0.4160 0.4160
          12/22/15 12/23/15 12/23/15 0.0000 0.3171 0.0000 0.0000 1.3999 1.7170
          03/25/15 03/26/15 03/26/15 0.0000 0.0090 0.0000 0.0000 0.0000 0.0090
          12/22/14 12/23/14 12/23/14 0.0000 0.1332 0.0000 0.0000 0.0000 0.1332
          03/19/14 03/20/14 03/20/14 0.0000 0.0151 0.0000 0.0000 0.0000 0.0151
          12/20/13 12/23/13 12/23/13 0.0000 0.2816 0.0000 0.0000 0.0000 0.2816
          03/20/13 03/21/13 03/21/13 0.0000 0.0180 0.0000 0.0000 0.0000 0.0180
          12/21/12 12/24/12 12/24/12 0.0000 0.4180 0.0000 0.0000 0.0000 0.4180
          03/28/12 03/29/12 03/29/12 0.0000 0.0150 0.0000 0.0000 0.0000 0.0150
          12/21/11 12/22/11 12/22/11 0.0000 0.0524 0.0000 0.0000 0.0000 0.0524
          03/24/11 03/25/11 03/25/11 0.0000 0.0080 0.0000 0.0000 0.0000 0.0080
          12/27/10 12/28/10 12/28/10 0.0000 0.0801 0.0000 0.0000 0.0000 0.0801
          03/23/10 03/24/10 03/24/10 0.0000 0.0253 0.0000 0.0000 0.0000 0.0253
          12/23/09 12/24/09 12/24/09 0.0000 0.2063 0.0000 0.0000 0.0000 0.2063
          12/19/08 12/22/08 12/22/08 0.0000 0.2140 0.0000 0.0000 0.0000 0.2140
          03/26/08 03/27/08 03/27/08 0.0000 0.0610 0.0000 0.0000 0.0040 0.0650
          12/19/07 12/20/07 12/20/07 0.0000 0.1460 0.0000 0.0000 6.4840 6.6300
          03/27/07 03/28/07 03/28/07 0.0000 0.0315 0.0000 0.0165 0.7315 0.7795
          12/20/06 12/21/06 12/21/06 0.0000 0.0680 0.0000 0.0460 4.2760 4.3900
          03/28/06 03/29/06 03/29/06 0.0027 0.0053 0.1329 0.2681 0.5970 1.0060
          12/20/05 12/21/05 12/21/05 0.0000 0.0870 0.0000 0.1140 1.6510 1.8520
          03/30/05 03/31/05 03/31/05 0.0000 0.0000 0.2724 0.2026 1.2290 1.7040
          12/16/04 12/17/04 12/17/04 0.0000 0.0000 0.1200 0.3540 2.5860 3.0600
          03/30/04 03/31/04 03/31/04 0.0000 0.0000 0.7240 0.0000 0.0000 0.7240
          12/16/03 12/17/03 12/17/03 0.0000 0.3907 0.3180 0.0000 1.8453 3.9470
          03/25/03 03/26/03 03/26/03 0.0026 0.0000 0.0000 0.0000 0.0000 0.0026
          03/27/02 03/28/02 03/28/02 0.0000 0.0000 0.0000 0.0000 0.0000 0.0410
          12/19/01 12/20/01 12/20/01 0.0000 0.0000 0.0000 0.0000 0.0000 1.3380
          03/27/01 03/28/01 03/28/01 0.0000 0.0000 0.0000 0.0000 0.0000 0.2440
          12/18/00 12/19/00 12/19/00 0.0000 0.0000 0.0000 0.0000 0.0000 6.5500
          03/29/00 03/30/00 03/30/00 0.0000 0.0000 1.5610 0.0000 0.0000 2.6160
          12/22/99 12/23/99 12/23/99 0.0000 0.0000 0.1170 0.0000 0.0000 5.8100
          03/30/99 03/31/99 03/31/99 0.0000 0.0000 0.0000 0.0000 0.0000 0.1200
          09/11/98 09/14/98 09/14/98 0.0000 0.0000 0.0507 0.0000 0.0000 1.1676
          12/26/97 12/29/97 12/29/97 0.0000 0.0000 0.0000 0.0000 0.0000 3.6800
          09/12/97 09/15/97 09/15/97 0.0000 0.0000 0.2100 0.0000 0.0000 0.5600
          12/26/96 12/27/96 12/27/96 0.0000 0.0000 0.9950 0.0000 0.0000 2.9850
          09/13/96 09/16/96 09/16/96 0.0000 0.0000 0.0300 0.0000 0.0000 0.0850
          12/19/95 12/20/95 12/20/95 0.0600 0.0000 1.6850 0.0000 0.0000 3.0500
          08/29/95 08/30/95 08/30/95 0.0100 0.0000 0.1100 0.0000 0.0000 0.1200
          12/13/94 12/14/94 12/14/94 0.0750 0.0000 0.8600 0.0000 0.0000 1.9300
          08/31/94 09/01/94 09/01/94 0.0000 0.0000 0.2200 0.0000 0.0000 0.7500
          12/09/93 12/10/93 12/13/93 0.0700 0.0000 1.2900 0.0000 0.0000 3.3000
          08/31/93 09/01/93 09/01/93 0.0000 0.0000 0.1100 0.0000 0.0000 0.1100
          12/21/92 12/22/92 12/23/92 0.1400 0.0000 0.4800 0.0000 0.0000 3.0700
          See all rows...
          Literature

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