Please ensure Javascript is enabled for purposes of website accessibility

    BNY Mellon Research Growth Fund, Inc.

    Overview

    Why invest in this Fund?

    The fund seeks long-term capital growth consistent with the preservation of capital. Current income is a secondary goal. To pursue these goals, the fund invests at least 80% of its net assets in common stocks. The fund may invest up to 25% of its assets in foreign securities. The fund's stock investments may include common stocks, preferred stocks and convertible securities.

    Min. class investment
    $1,000
    Class Inception Date
    09/30/08
    Fund Assets
    $1,376,836,736  As of  05/26/23
    Class Assets
    $4,477,900  As of  05/26/23
    Portfolio Turnover Rate
    30.98% As of fiscal year end  02/28/23
    Morningstar Category
    Large Growth
    Benchmark
    Russell 1000® Growth Index
    Fund Holdings
    59 As of 04/30/23

    Morningstar Rating™ as of April 30, 2023 for the Class C class shares; other classes may have different performance characteristics. Overall rating for the Large Growth category. Fund ratings are out of 5 Stars: Overall 2 Stars (1123 funds rated); 3 Yrs. 2 Stars (1123 funds rated); 5 Yrs. 3 Stars (1042 funds rated); 10 Yrs. 2 Stars (798 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.

     

    Portfolio Managers

    • John Porter

      John Porter

      CIO, Head of Equity, Newton Investment Management North America, LLC

      1 yr(s). on fund
    • Karen Behr

      Karen Behr

      Portfolio Manager, Newton Investment Management North America, LLC

      1 yr(s). on fund
    • Matthew T. Jenkin

      Matthew T. Jenkin

      Research Analyst, Newton Investment Management North America, LLC

      3 yr(s). on fund
    • Monty A. Kori

      Monty A. Kori

      Research Analyst, Newton Investment Management North America, LLC

      3 yr(s). on fund
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  1.00%  CDSC Load

    Month End

    Average Annual
    As of 04/30/23
    Name 3 MO
    04/30/23     		YTD
    04/30/23     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Research Growth Fund, Inc.
    DWOCX
    		4.46 16.53 0.05 9.36 10.59 11.37 9.23
    Russell 1000® Growth Index
    		6.61 15.49 2.34 13.62 13.80 14.46 -

    Quarter End

    Average Annual
    As of 03/31/23
    Name 3 MO
    03/31/23     		YTD
    03/31/23     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Research Growth Fund, Inc.
    DWOCX
    		15.91 15.91 -16.67 14.69 10.63 11.38 9.23
    Russell 1000® Growth Index
    		14.37 14.37 -10.90 18.58 13.66 14.59 -

    The Russell 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000 companies with higher growth earning potential as defined by Russell's leading style methodology. The Russell 1000® Growth Index is constructed to provide a comprehensive and unbiased barometer for the large-cap growth segment. The index is completely reconstituted annually to ensure new and growing equities are included and that the represented companies continue to reflect growth characteristics. Investors cannot invest directly in any index.

    The total return performance figures presented for Class C shares of the fund represent the performance of the fund's Class Z for periods prior to September 30, 2008, the inception date for Class C shares, and the performance of Class C, 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

      Yearly

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

      Fees & Expenses

      Redemption Charge

      As of    REDEMPTION YEAR CDSC
      Year  1 1.00

      Class C shares are subject to a contingent deferred sales charge (CDSC) imposed on Class C shares redeemed within one year of purchase.

      Prospectus Fee Table Expense Ratios

      As of  06/30/22 Fee Description Expense Ratio (%)
      Management Fee 0.75%
      12B-1 Fee 0.75%
      Service Fee 0.25%
      Other Expenses 0.11%
      Total Expenses 1.86%
      Expenses Reimbursed 0.08%
      Net Expenses 1.78%
      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 30, 2023, 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 classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .78%. On or after June 30, 2023, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.
      Portfolio

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). BNYM Investment Adviser has engaged its affiliate, Newton Investment Management North America, LLC (Newton), to serve as the fund's sub-investment adviser. Investment decisions for the fund are made by members of the equity research team at Newton. The team members primarily responsible for managing the fund are Monty A. Kori, Matthew T. Jenkin, Karen Behr and John R. Porter III. Messrs. Kori and Jenkin have been primary portfolio managers of the fund since July 2019, and each is a research analyst at Newton. Ms. Behr has been a primary portfolio manager of the fund since September 2021, and is a portfolio manager at Newton. Mr. Porter has been a primary portfolio manager of the fund since October 2021 and is Chief Investment Officer and Head of Equity at Newton.

      Top Holdings

      Download Total Holdings
      As of 04/30/23

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 05/26/23 Name NAV Change 06/02/22  12 Month 
          High Nav           		12/28/22  12 Month 
          Low Nav           		YTD Return
          DWOCX
          		$12.00
          $0.15
          1.27%
          		$13.37 $9.44 23.71%

          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 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  04/30/23  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DWOCX
          		24.06 -6.80 1.24 87.36 0.44

          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.


          Distributions

          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Feb 28

          BNY Mellon Research Growth Special Announcement

          BNY Mellon Research Growth Fund is expected to pay out its fiscal year end undistributed ordinary income and capital gains next month.  The fund is estimated to pay out approximately $0.0206 per share at the fund level in ordinary income. The fund is estimated to pay out approximately $0.4339 per share at the fund level in long-term capital gains.  The declared and record date is expected to be June 19, 2019 and the ex-dividend and payable date is expected to be June 20, 2019.

          Year Dividend ($) Capital Gains ($)
          2022 0.0000 1.9593
          2021 0.0000 3.0569
          2020 0.0000 1.6118
          2019 0.0000 1.4784
          2018 0.0000 2.4498
          2017 0.0000 1.4391
          2016 0.0000 0.7079
          2015 0.0000 0.8965
          2014 0.0000 1.0347
          2013 0.0000 0.0529

          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           		Reinvest 
          NAV
          12/05/22 12/06/22 12/06/22 0.0000 0.0000 0.0000 0.0000 0.1579 0.1579 10.08
          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           		Reinvest 
          NAV
          06/21/22 06/22/22 06/22/22 - 0.0000 - 0.0000 1.8014 1.8014 -
          12/09/21 12/10/21 12/10/21 0.0000 0.0000 0.0000 0.0000 1.8203 1.8203 -
          06/22/21 06/23/21 06/23/21 - 0.0000 0.2570 0.0344 0.9452 1.2366 -
          12/09/20 12/10/20 12/10/20 0.0000 0.0000 0.0000 0.0892 1.0847 1.1739 -
          06/22/20 06/23/20 06/23/20 0.0000 0.0000 0.0000 0.0000 0.4379 0.4379 -
          12/16/19 12/17/19 12/17/19 0.0000 0.0000 0.0000 0.0117 1.0309 1.0426 -
          06/19/19 06/20/19 06/20/19 0.0000 0.0000 0.0000 0.0000 0.4358 0.4358 -
          12/14/18 12/17/18 12/17/18 0.0000 0.0000 0.0000 0.0221 1.4722 1.4943 -
          06/21/18 06/22/18 06/22/18 0.0000 0.0000 0.1501 0.0695 0.7359 0.9555 -
          12/18/17 12/19/17 12/19/17 0.0000 0.0000 0.0000 0.0884 0.9928 1.0812 -
          06/22/17 06/23/17 06/23/17 0.0000 0.0000 0.0000 0.0000 0.3579 0.3579 -
          12/16/16 12/19/16 12/19/16 0.0000 0.0000 0.0000 0.0000 0.7079 0.7079 -
          12/16/15 12/17/15 12/17/15 0.0000 0.0000 0.0000 0.0000 0.6811 0.6811 -
          06/22/15 06/23/15 06/23/15 0.0000 0.0000 0.0000 0.0000 0.2154 0.2154 -
          12/17/14 12/18/14 12/18/14 0.0000 0.0000 0.0000 0.0000 0.6100 0.6100 -
          06/17/14 06/18/14 06/18/14 0.0000 0.0000 0.0000 0.0000 0.4247 0.4247 -
          12/18/13 12/19/13 12/19/13 0.0000 0.0000 0.0000 0.0000 0.0529 0.0529 -
          06/26/12 06/27/12 06/27/12 0.0000 0.0093 0.0000 0.0000 0.0000 0.0093 -
          06/28/11 06/29/11 06/29/11 0.0000 0.0340 0.0000 0.0000 0.0000 0.0340 -
          See all rows...
          Literature

          Literature

          PRODUCT MATERIALS

          • Download
          • Share
          • Subscribe
          • Order
          BNY Mellon Research Growth Fund, Inc. - Investment Report Download
          BNY Mellon Research Growth Fund, Inc. - Quarterly Commentary Download

          Factsheet, Prospectus and Reports

          • Download
          • Share
          • Subscribe
          • Order
          Factsheet Download
          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Annual Report Download
          Semi Annual Report Download
          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download