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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
    Class Inception Date
    Class Status
    Not available for purchase by individual investors.
    Fund Assets
    $63,584,568  As of  06/18/24
    Class Assets
    $53,138,115  As of  06/18/24
    Portfolio Turnover Rate
    74.64% As of fiscal year end  11/30/23
    Morningstar Category
    Small Blend
    Russell 2000® Value Index
    Morningstar Overall Rating
    Fund Holdings
    167 As of 05/31/24

    Morningstar Rating™ as of May 31, 2024 for the Class Y 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 (574 funds rated); 3 Yrs. 3 Stars (574 funds rated); 5 Yrs. 3 Stars (544 funds rated); 10 Yrs. 2 Stars (388 funds rated).

    Portfolio Managers

    • Elena  Goncharova

      Elena Goncharova, CFA

      Lead Portfolio Manager,

      Managing Fund Since 2018

      Joined Firm in 2013

      Joined Industry in 1999

    Total Returns

    Average Annual
    As of 05/31/24
    Name 3 MO
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Select Managers Small Cap Value Fund
    1.22 2.60 20.39 0.11 10.31 7.16 11.38
    Russell 2000® Value Index
    2.30 0.85 21.76 -0.17 8.77 6.87 -
    Average Annual
    As of 03/31/24
    Name 3 MO
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Select Managers Small Cap Value Fund
    5.74 5.74 18.71 2.71 9.99 7.30 11.73
    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.

    The total return performance figures presented for Class Y shares of the fund represent the performance of the fund's Class A for periods prior to July 01, 2013, the inception date for Class Y shares, and the performance of Class Y, 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

    Past performance is no guarantee of future results.

    Historical Performance

      Not available for purchase by individual investors.


      Past performance is no guarantee of future results.

      Yearly Total Return

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

      Prospectus Fee Table Expense Ratios

      As of  03/29/24 Fee Description Expense Ratio (%)
      Management Fee 0.90%
      Other Expenses 0.15%
      Total Expenses 1.05%
      Net Expenses 1.05%
      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 05/31/24

      Asset Allocation

          Daily Statistics

          As of 06/18/24 Name NAV Change 12/19/23  12 Month 
          High Nav
          10/27/23  12 Month 
          Low Nav
          YTD Return
          $22.02 $18.50 1.06%

          Performance Metrics

          Overall Morningstar Rating

          MORNINGSTAR CATEGORY Small Blend

          Morningstar Rating™ as of 05/31/24 for the Class Y shares; other classes may have different performance characteristics. Overall rating for the Small Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (574 funds rated); 3 Yrs. 3 Stars (574 funds rated); 5 Yrs. 3 Stars (544 funds rated); 10 Yrs. 2 Stars (388 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
            620 out of 998
          • 3 Year
            673 out of 958
          • 5 Year
            393 out of 898
          • 10 Year
            445 out of 670

          LIPPER CLASSIFICATION Small-Cap Core Funds

          Lipper Category returns and rankings as of 05/31/24, 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.
          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  05/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          20.00 -8.46 0.97 74.71 -0.06

          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

          Fiscal Year End
          Nov 30
          Year Dividend ($) Capital Gains ($)
          2024 0.0000 0.4250
          2023 0.1956 2.6660
          2022 0.1410 1.9086
          2021 0.0403 4.2457
          2020 0.1468 1.1186
          2019 0.0808 0.3889
          2018 0.0997 2.6920
          2017 0.0591 1.4849
          2016 0.1390 0.0202
          2015 0.2513 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 
          Capital Gain
          Capital Gain
          Capital Gain
          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 
          Capital Gain
          Capital Gain
          Capital Gain
          12/19/23 12/20/23 12/20/23 0.0000 0.1956 0.0000 0.0000 1.3629 1.5585
          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 0.1380 0.0000 0.0000 1.4101 1.5481
          03/28/22 03/29/22 03/29/22 0.0030 0.0000 0.0307 0.0000 0.4678 0.5015
          12/21/21 12/22/21 12/22/21 0.0337 0.0066 1.2775 0.2522 2.4587 4.0287
          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 0.1072 0.0000 0.0000 1.0741 1.1813
          03/23/20 03/24/20 03/24/20 0.0000 0.0396 0.0000 0.0000 0.0445 0.0841
          12/30/19 12/31/19 12/31/19 0.0000 0.0783 0.0000 0.0000 0.3889 0.4672
          03/18/19 03/19/19 03/19/19 0.0025 0.0000 0.0000 0.0000 0.0000 0.0025
          12/28/18 12/31/18 12/31/18 0.0083 0.0914 0.0256 0.2822 2.3635 2.7710
          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 0.0061 0.0530 0.0304 0.2659 1.1886 1.5440
          12/29/16 12/30/16 12/30/16 0.0000 0.1390 0.0000 0.0000 0.0000 0.1390
          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 0.1876 0.0000 0.1390 1.1368 1.4634
          03/24/15 03/25/15 03/25/15 0.0637 0.0000 0.0000 0.0000 0.0034 0.0671
          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 0.1148 0.0312 0.7988 0.2170 1.1116 2.2734
          See all rows...


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