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    BNY Mellon Select Managers Small Cap Value Fund

    Why invest in this Fund?

    The fund seeks capital appreciation. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of small cap companies. The fund currently considers small cap companies to be those companies with market capitalizations that fall within the range of companies in the Russell 2000 Value Index at the time of purchase.
    Min. class investment
    $1,000
    Class Inception Date
    12/17/08
    Fund Assets
    $132,349,967  As of  05/20/24
    Class Assets
    $15,061  As of  05/20/24
    Portfolio Turnover Rate
    74.64% As of fiscal year end  11/30/23
    Morningstar Category
    Small Blend
    Benchmark
    Russell 2000® Value Index
    Fund Holdings
    349 As of 04/30/24

    Portfolio Managers

    • Elena  Goncharova

      Elena Goncharova, CFA

      Lead Portfolio Manager,

      Managing Fund Since 2018

      Joined Firm in 2013

      Joined Industry in 1999


    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  1.00%  CDSC Load
    Average Annual
    As of 04/30/24
    Name 3 MO
    04/30/24
    YTD
    04/30/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Select Managers Small Cap Value Fund
    DMECX
    0.96 -2.14 11.89 -1.58 6.54 5.72 10.06
    Russell 2000® Value Index
    0.93 -3.66 14.03 -0.67 5.96 6.45 -
    Average Annual
    As of 03/31/24
    Name 3 MO
    03/31/24
    YTD
    03/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Select Managers Small Cap Value Fund
    DMECX
    4.57 4.57 16.62 1.68 8.85 6.17 10.59
    Russell 2000® Value Index
    2.90 2.90 18.75 2.22 8.17 6.87 -

    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 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. 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

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


      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  03/29/24 Fee Description Expense Ratio (%)
      Management Fee 0.90%
      12B-1 Fee 0.75%
      Service Fee 0.25%
      Other Expenses 0.97%
      Total Expenses 2.87%
      Expenses Reimbursed 0.82%
      Net Expenses 2.05%
      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 March 29, 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 1.05%.?On or after March 29, 2025, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

      Portfolio Manager/Sub-Investment Adviser

      BNY Mellon Investment Adviser, Inc., the fund's investment adviser, assumes the portfolio allocation management responsibilities for evaluating and recommending subadvisers for the fund and determining the portion of the fund's assets to be managed by each subadviser. BNY Mellon Investment Adviser, Inc. also is responsible for monitoring and evaluating the performance of the subadvisers for the fund and recommending to the fund's board whether a subadviser should be terminated. Elena Goncharova is primarily responsible for the evaluation, recommendation and monitoring of subadvisers for the fund. Ms. Goncharova is a portfolio manager with BNY Mellon Investor Solutions, LLC. Ms. Goncharova has been employed by The Bank of New York Mellon Corporation since 2012. Ms. Goncharova performs her responsibilities for the fund in her capacity as employee of BNY Mellon Investment Adviser, Inc. The fund's sub-advisers are Channing Capital Management, LLC, Denali Advisors, LLC, Eastern Shore Capital Management, Neuberger Berman Investment Advisers LLC, and Heartland Advisors, Inc.

      Top Holdings

      As of 04/30/24

      Asset Allocation


          Daily Statistics

          As of 05/20/24 Name NAV Change 12/19/23  12 Month 
          High Nav
          10/27/23  12 Month 
          Low Nav
          YTD Return
          DMECX
          $16.48
          -$0.01
          -0.06%
          $17.65 $14.85 3.80%

          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.
          Multi-manager risk means each sub adviser makes investment decisions independently, and it is possible that the investment styles of the sub advisers may not complement one another. Consequently, the fund's exposure to a given stock, industry or investment style could be greater or smaller than if the fund had a single adviser.

          Risk Metrics

          As of  04/30/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DMECX
          19.95 -8.82 0.98 74.36 -0.14

          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.


          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Nov 30
          Year Dividend ($) Capital Gains ($)
          2024 0.0000 0.4250
          2023 0.0288 2.6660
          2022 0.0000 1.9086
          2021 0.0000 4.2457
          2020 0.0000 1.1186
          2019 0.0000 0.3889
          2018 0.0000 2.6920
          2017 0.0000 1.4849
          2016 0.0000 0.0202
          2015 0.0551 1.2792

          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
          03/25/24 03/26/24 03/26/24 - 0.0000 - 0.0000 0.4250 0.4250
          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
          12/19/23 12/20/23 12/20/23 0.0000 0.0288 0.0000 0.0000 1.3629 1.3917
          03/27/23 03/28/23 03/28/23 - 0.0000 - 0.0000 1.3031 1.3031
          12/20/22 12/21/22 12/21/22 0.0000 0.0000 0.0000 0.0000 1.4101 1.4101
          03/28/22 03/29/22 03/29/22 - 0.0000 0.0307 0.0000 0.4678 0.4985
          12/21/21 12/22/21 12/22/21 0.0000 0.0000 1.2775 0.2522 2.4587 3.9884
          03/26/21 03/29/21 03/29/21 - 0.0000 - 0.0000 0.2573 0.2573
          12/29/20 12/30/20 12/30/20 0.0000 0.0000 0.0000 0.0000 1.0741 1.0741
          03/23/20 03/24/20 03/24/20 0.0000 0.0000 0.0000 0.0000 0.0445 0.0445
          12/30/19 12/31/19 12/31/19 0.0000 0.0000 0.0000 0.0000 0.3889 0.3889
          12/28/18 12/31/18 12/31/18 0.0000 0.0000 0.0256 0.2822 2.3635 2.6713
          03/19/18 03/20/18 03/20/18 0.0000 0.0000 0.0015 0.0000 0.0192 0.0207
          12/28/17 12/29/17 12/29/17 0.0000 0.0000 0.0304 0.2659 1.1886 1.4849
          03/22/16 03/23/16 03/23/16 0.0000 0.0000 0.0000 0.0037 0.0165 0.0202
          12/30/15 12/31/15 12/31/15 0.0000 0.0551 0.0000 0.1390 1.1368 1.3309
          03/24/15 03/25/15 03/25/15 0.0000 0.0000 0.0000 0.0000 0.0034 0.0034
          12/30/14 12/31/14 12/31/14 0.0000 0.0000 0.7319 0.2405 1.9415 2.9139
          03/18/14 03/19/14 03/19/14 0.0000 0.0000 0.0005 0.0000 0.0049 0.0054
          12/30/13 12/31/13 12/31/13 0.0000 0.0000 0.7988 0.2170 1.1116 2.1274
          03/19/13 03/20/13 03/20/13 0.0000 0.0000 0.0015 0.0000 0.0075 0.0090
          12/28/12 12/31/12 12/31/12 0.0000 0.0000 0.2202 0.2261 0.5437 0.9900
          03/27/12 03/28/12 03/28/12 0.0000 0.0000 0.0002 0.0000 0.0012 0.0014
          12/29/11 12/30/11 12/30/11 0.0000 0.0000 0.2447 0.2031 1.1724 1.6202
          12/30/10 12/31/10 12/31/10 0.0000 0.0000 0.6669 0.1785 0.3194 1.1648
          12/29/09 12/30/09 12/30/09 0.0000 0.0000 0.0000 0.0312 0.0000 0.0312
          See all rows...

          Literature

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