BNY Mellon Small/Mid Cap Multi-Strat M
Name
As of 12/14/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.0%
1 yr return
12.3%
3 Yr Avg Return
14.7%
5 Yr Avg Return
13.6%
Net Assets
$59.5 M
Holdings in Top 10
16.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.95%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 53.56%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/14/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MMCMX - Profile
Distributions
- YTD Total Return 7.0%
- 3 Yr Annualized Total Return 14.7%
- 5 Yr Annualized Total Return 13.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.22%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
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Legal NameBNY Mellon Small/Mid Cap Multi-Strategy Fund
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Fund Family NameBNY Mellon Funds
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Inception DateSep 30, 2009
-
Shares OutstandingN/A
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Share ClassM
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CurrencyUSD
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Domiciled CountryUnited States
Fund Description
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of small cap and mid cap companies. The fund currently considers small cap and mid cap companies to be those companies with market capitalizations that are within the market capitalization range of the smallest company included in the Russell 2000® Index and the largest company included in the Russell Midcap® Index. This corresponds to companies with market capitalizations as of November 30, 2020 of between approximately $33 million and $60 billion. As of November 30, 2020, the weighted average market capitalizations of the Russell 2000® Index and the Russell Midcap® Index were approximately $3 billion and $20 billion, respectively, and the median market capitalizations of the Russell 2000® Index and the Russell Midcap® Index were approximately $776 million and $9 billion, respectively. The fund normally allocates its assets among multiple investment strategies employed by BNYM Investment Adviser that invest primarily in equity securities issued by small cap and mid cap companies. The fund is designed to provide exposure to various small cap and mid cap equity portfolio managers and investment strategies and styles. The fund invests principally in common stocks. The fund may invest up to 15% of its assets in the equity
securities of foreign issuers, including up to 10% of its assets in the equity securities of issuers located in emerging market countries.
BNYM Investment Adviser determines the investment strategies and sets the target allocations and ranges. The investment strategies and the fund's targets and ranges (expressed as a percentage of the fund's investable assets) for allocating its assets among the investment strategies as of the date of this prospectus were as follows:
Investment Strategy | Target | Range |
Opportunistic Small/Mid Cap Strategy | 40% | 0% to 50% |
Small/Mid Cap Value Strategy | 30% | 0% to 40% |
Small/Mid Cap Growth Strategy | 30% | 0% to 40% |
BNYM Investment Adviser has the discretion to change the investment strategies and the target allocations and ranges when BNYM Investment Adviser deems it appropriate.
The portion of the fund's assets allocated to the Opportunistic Small/Mid Cap Strategy normally is invested primarily in equity securities of small cap and mid cap companies. In constructing this portion of the fund's portfolio, the portfolio managers use a disciplined investment process that relies, in general, on proprietary fundamental research and valuation. Generally, elements of the process include analysis of mid-cycle business prospects, estimation of the intrinsic value of the company and the identification of a revaluation catalyst. The portfolio managers responsible for the Opportunistic Small/Mid Cap Strategy select securities that are believed to have attractive reward to risk opportunities and may actively adjust this portion of the fund's portfolio to reflect new developments.
The portion of the fund's assets allocated to the Small/Mid Cap Value Strategy normally is invested primarily in equity securities of small cap and mid cap value companies. In constructing this portion of the fund's portfolio, the portfolio managers employ a value-based investment style, which means that they seek to identify those companies with stocks trading at prices below what are believed to be their intrinsic value. The portfolio managers responsible for the Small/Mid Cap Value Strategy focus primarily on individual stock selection instead of trying to predict which industries or sectors will perform best. The stock selection process is designed to produce a diversified portfolio of companies that the portfolio managers believe are undervalued relative to expected business growth, with the presence of a catalyst (such as a corporate restructuring, change in management or spin-off) that will trigger a near-term or mid-term price increase.
The portion of the fund's assets allocated to the Small/Mid Cap Growth Strategy normally is invested primarily in equity securities of small cap and mid cap companies with favorable growth prospects. In constructing this portion of the fund's portfolio, the portfolio managers employ a growth-oriented investment style, which means the portfolio managers seek to identify those small cap and mid cap companies which are experiencing or are expected to experience rapid earnings or revenue growth. The portfolio managers responsible for the Small/Mid Cap Growth Strategy look for high quality companies, especially those with products or services that are believed to be leaders in their market niches. The portfolio managers focus on individual stock selection instead of trying to predict which industries or sectors will perform best. The portion of the fund's assets allocated to the Small/Mid Cap Growth Strategy does not have any limitations regarding portfolio turnover, and may have portfolio turnover rates significantly in excess of 100%.
MMCMX - Performance
Return Ranking - Trailing
Period | MMCMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.0% | -84.8% | 1629.2% | 3.20% |
1 Yr | 12.3% | -84.5% | 1666.0% | 3.26% |
3 Yr | 14.7%* | -42.1% | 167.2% | 4.61% |
5 Yr | 13.6%* | -30.2% | 83.0% | 3.78% |
10 Yr | 12.0%* | -17.2% | 15.8% | 6.32% |
* Annualized
Return Ranking - Calendar
Period | MMCMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.2% | -80.9% | 21888.9% | 11.52% |
2022 | 23.2% | -25.2% | 800.0% | 13.10% |
2021 | -25.3% | -100.0% | 36.0% | 99.62% |
2020 | 8.8% | -100.0% | 5.9% | 0.20% |
2019 | 16.6% | -33.3% | 36.8% | 1.26% |
Total Return Ranking - Trailing
Period | MMCMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.0% | -84.8% | 1629.2% | 3.20% |
1 Yr | 12.3% | -84.5% | 1666.0% | 4.09% |
3 Yr | 14.7%* | -42.1% | 167.2% | 5.12% |
5 Yr | 13.6%* | -27.5% | 83.0% | 5.54% |
10 Yr | 12.0%* | -15.8% | 17.2% | 9.74% |
* Annualized
Total Return Ranking - Calendar
Period | MMCMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.2% | -80.9% | 21888.9% | 11.52% |
2022 | 23.2% | -25.2% | 800.0% | 13.10% |
2021 | -10.8% | -100.0% | 35.9% | 99.05% |
2020 | 19.9% | -100.0% | 5.9% | 0.20% |
2019 | 17.1% | -33.3% | 36.8% | 1.68% |
NAV & Total Return History
MMCMX - Holdings
Concentration Analysis
MMCMX | Category Low | Category High | MMCMX % Rank | |
---|---|---|---|---|
Net Assets | 59.5 M | 710 K | 85.5 B | 86.60% |
Number of Holdings | 251 | 20 | 3702 | 8.31% |
Net Assets in Top 10 | 15 M | 259 K | 10.9 B | 87.71% |
Weighting of Top 10 | 16.74% | 5.5% | 92.1% | 91.36% |
Top 10 Holdings
- Clarivate PLC Ordinary Shares 2.03%
- SVB Financial Group 2.02%
- Cullen/Frost Bankers Inc 1.87%
- Service Corp International 1.85%
- Dreyfus Instl Preferred Gov Plus MMkt 1.84%
- FLIR Systems Inc 1.80%
- Encompass Health Corp 1.66%
- Americold Realty Trust 1.61%
- LPL Financial Holdings Inc 1.53%
- CACI International Inc Class A 1.49%
Asset Allocation
Weighting | Return Low | Return High | MMCMX % Rank | |
---|---|---|---|---|
Stocks | 98.16% | 23.99% | 100.52% | 47.51% |
Cash | 1.84% | -0.52% | 26.94% | 50.00% |
Preferred Stocks | 0.00% | 0.00% | 2.30% | 8.97% |
Other | 0.00% | -2.66% | 23.05% | 14.62% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 1.16% |
Bonds | 0.00% | 0.00% | 44.75% | 5.15% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MMCMX % Rank | |
---|---|---|---|---|
Technology | 22.15% | 0.04% | 62.17% | 80.56% |
Healthcare | 19.81% | 0.00% | 43.77% | 30.40% |
Industrials | 15.16% | 0.00% | 38.23% | 46.51% |
Financial Services | 13.01% | 0.00% | 43.01% | 18.60% |
Consumer Cyclical | 9.91% | 0.00% | 57.41% | 81.56% |
Real Estate | 6.28% | 0.00% | 19.28% | 16.28% |
Consumer Defense | 4.70% | 0.00% | 16.40% | 15.12% |
Communication Services | 2.41% | 0.00% | 18.33% | 57.97% |
Basic Materials | 2.37% | 0.00% | 17.25% | 45.85% |
Energy | 2.26% | 0.00% | 62.10% | 41.69% |
Utilities | 1.95% | 0.00% | 12.94% | 13.46% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MMCMX % Rank | |
---|---|---|---|---|
US | 91.72% | 23.38% | 100.52% | 71.76% |
Non US | 6.44% | 0.00% | 35.22% | 24.09% |
MMCMX - Expenses
Operational Fees
MMCMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.95% | 0.02% | 2.69% | 53.95% |
Management Fee | 0.75% | 0.00% | 1.50% | 53.52% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.00% | 0.40% | 72.50% |
Sales Fees
MMCMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
MMCMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MMCMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 53.56% | 0.00% | 417.06% | 59.81% |
MMCMX - Distributions
Dividend Yield Analysis
MMCMX | Category Low | Category High | MMCMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.08% | 12.13% |
Dividend Distribution Analysis
MMCMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
MMCMX | Category Low | Category High | MMCMX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.22% | -2.24% | 2.75% | 20.34% |
Capital Gain Distribution Analysis
MMCMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 07, 2016 | $0.010 | |
Dec 10, 2015 | $0.035 | |
Dec 16, 2013 | $0.084 | |
Dec 19, 2012 | $0.212 | |
Dec 14, 2011 | $0.175 | |
Dec 30, 2009 | $0.012 |