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    BNY Mellon Sustainable Balanced Fund

    Why invest in this Fund?

    The BNY Mellon Sustainable Balanced Fund seeks long-term capital appreciation by investing in the equity securities of global companies which we believe have sustainable business models and in U.S. fixed income securities using an indexed approach. This investment process takes into consideration the potential impact and risks these companies have on the environment and society.

    The fund changed its investment objective and strategy on April 1, 2019. Prior to April 1, 2019, the fund's investment objective was to provide current income, while maintaining the potential for long-term capital appreciation. To pursue these goals, until April 1, 2019, the fund used an actively-managed global multi-asset strategy that focused on income generation. In addition, until April 1, 2019, Newton was the sole sub-adviser for the fund. Newton allocated the fund's investments among equity and equity-related securities, debt and debt-related securities, and, generally to a lesser extent, real estate, commodities and infrastructure in developed and emerging markets.

    Effective April 1, 2019, Dreyfus Global Multi-Asset Income Fund was renamed BNY Mellon Sustainable Balanced Fund. The fund's Class Y shares and Class A shares were renamed Class K shares and Service Class shares, respectively, effective April 1, 2019. As of March 31, 2019, Class K shares are not available for purchase by individual investors. Class K shares are generally only offered to state-sponsored and/or state-administered retirement savings plans. Investors should discuss with their advisor the eligibility requirements for Class K and Service Class shares and the historical results achieved by the fund's respective share classes.
    Class Inception Date
    11/30/17
    Fund Assets
    $12,919,842  As of  11/15/22
    Class Assets
    $1,014,996  As of  11/15/22
    Portfolio Turnover Rate
    96.40% As of fiscal year end  10/31/22
    Morningstar Category
    Allocation--50% to 70% Equity
    Benchmark
    Customized Blended Index (Sustainable Balanced)
    Fund Holdings
    478 As of 10/31/22

    Morningstar Rating™ as of October 31, 2022 for the Service Class class shares; other classes may have different performance characteristics. Overall rating for the Allocation--50% to 70% Equity category. Fund ratings are out of 5 Stars: Overall 2 Stars (691 funds rated); 3 Yrs. 2 Stars (691 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.

     


    Total Returns

    Average Annual
    As of 10/31/22
    Name 3 MO
    10/31/22
    YTD
    10/31/22
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Sustainable Balanced Fund
    DRASX
    -8.14 -19.19 -18.76 2.07 - - 2.13
    Customized Blended Index (Sustainable Balanced)
    -7.80 -18.74 -17.97 1.73 3.24 5.26 -
    Average Annual
    As of 09/30/22
    Name 3 MO
    09/30/22
    YTD
    09/30/22
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Sustainable Balanced Fund
    DRASX
    -6.73 -21.91 -18.74 1.53 - - 1.45
    Customized Blended Index (Sustainable Balanced)
    -5.95 -21.19 -18.03 1.28 2.87 4.90 -

    The Bloomberg Barclays MSCI US Aggregate ESG Select Sector Index is a fixed-rate, investment grade bond benchmark that follows the rules of the Bloomberg Barclays US Aggregate Index and applies additional sector and ESG criteria forsecurity eligibility. In addition, treasury, securitized, and class 2 government-related (agency, local authority, sovereign, supranational) and corporate (industrial, utility, and financial) sectors are weighted to match the individual sector exposures of the Bloomberg Barclays US Aggregate Index. Investors cannot invest directly in any index.

    Growth of $10,000 Investment

    Historical Performance

      Yearly Total Return


      Prospectus Fee Table Expense Ratios

      As of  03/01/22 Fee Description Expense Ratio (%)
      Management Fee 0.11%
      Service Fee 0.25%
      Other Expenses 1.23%
      Total Expenses 1.59%
      Expenses Reimbursed 1.19%
      Net Expenses 0.40%
      The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until March 1, 2023, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of neither class (excluding shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .15%. On or after March 1, 2023, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNYM Investment Adviser. BNYM Investment Adviser has engaged its affiliate, Newton Investment Management Limited (NIM) to serve as the fund's sub-adviser responsible for the portion of the fund's assets allocated to equity and equity-related investments and overall asset allocation for the fund. BNYM Investment Adviser has engaged its affiliate, Mellon, to serve as the fund's sub-adviser responsible for the portion of the fund’s assets allocated to debt and debt-related investments. Nick Pope is the fund's primary portfolio manager responsible for the portion of the fund's assets allocated to NIM and for overall asset allocation for the fund, a position he has held since January 2022. Mr. Pope is a portfolio manager at NIM. NIM's Responsible Investment team provides key input to the equity portfolio managers of this strategy including fundamental research and company-level ESG analysis as well as controversy monitoring, company engagement and active proxy voting. The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). Nancy Rogers, CFA and David Nieman are the fund's primary portfolio managers for the portion of the fund's assets allocated to Mellon, positions they have held since April 2019 and November 2021, respectively. Ms. Rogers is a managing director and head of fixed income index portfolio management at Mellon. She has been employed by Mellon or a predecessor company of Mellon since 1987. Mr. Nieman is a vice president and portfolio manager at Mellon.

      Top Holdings

      As of 10/31/22

      Asset Allocation


          Daily Statistics

          As of 11/15/22 Name NAV Change 03/29/22  12 Month 
          High Nav
          10/14/22  12 Month 
          Low Nav
          YTD Return
          DRASX
          $12.69
          $0.00
          0.00%
          $14.92 $12.23 -19.63%

          Main Risks

          Bonds are subject to interest-rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
          Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, to varying degrees.
          Currencies are subject to the risk that those currencies will decline in value relative to a local currency, or, in the case ofhedged positions, that the local currency will decline relative to the currency being hedged. Each of these risks could increase the fund?s volatility.
          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.
          Impact investing and/or Environmental, Social and Governance (ESG) managers may take into consideration factors beyond traditional financial information to select securities, which could result in relative investment performance deviating from other strategies or broad market benchmarks, depending on whether such sectors or investments are in or out of favor in the market. Further, ESG strategies may rely on certain values based criteria to eliminate exposures found in similar strategies or broad marketbenchmarks, which could also result in relative investment performance deviating.
          Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Oct 31
          Annualized Distribution Rate
          %
          As of 
          Year Dividend ($) Capital Gains ($)
          2021 0.2126 0.0000
          2020 0.2344 0.0000
          2019 0.1862 0.0000
          2018 0.4235 0.0000
          2017 0.0360 0.0000

          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
          12/21/21 12/22/21 12/22/21 0.0781 0.1345 0.0000 0.0000 0.0000 0.2126 15.64
          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
          12/29/20 12/30/20 12/30/20 0.1237 0.1107 0.0000 0.0000 0.0000 0.2344 -
          12/27/19 12/30/19 12/30/19 0.0609 0.1253 0.0000 0.0000 0.0000 0.1862 -
          12/27/18 12/28/18 12/28/18 0.1709 0.0344 0.0000 0.0000 0.0000 0.2053 -
          11/30/18 12/03/18 12/03/18 0.0000 0.0117 0.0000 0.0000 0.0000 0.0117 -
          10/31/18 11/01/18 11/01/18 0.0000 0.0107 0.0000 0.0000 0.0000 0.0107 -
          09/28/18 10/01/18 10/01/18 0.0000 0.0103 0.0000 0.0000 0.0000 0.0103 -
          08/31/18 09/04/18 09/04/18 0.0000 0.0230 0.0000 0.0000 0.0000 0.0230 -
          07/31/18 08/01/18 08/01/18 0.0000 0.0129 0.0000 0.0000 0.0000 0.0129 -
          06/29/18 07/02/18 07/02/18 0.0000 0.0429 0.0000 0.0000 0.0000 0.0429 -
          05/31/18 06/01/18 06/01/18 0.0000 0.0578 0.0000 0.0000 0.0000 0.0578 -
          04/30/18 05/01/18 05/01/18 0.0000 0.0279 0.0000 0.0000 0.0000 0.0279 -
          03/29/18 04/02/18 04/02/18 0.0000 0.0210 0.0000 0.0000 0.0000 0.0210 -
          12/26/17 12/27/17 12/27/17 0.0119 0.0241 0.0000 0.0000 0.0000 0.0360 -
          See all rows...