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MPBLX BNY Mellon Asset Allocation M

  • Fund
  • MPBLX
  • Price as of: May 22, 2019
  • $12.05 - $0.02 - 0.17%
  • Category
  • Diversified Portfolio

MPBLX - Profile

Vitals

  • YTD Return 9.6%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return -0.2%
  • Net Assets $471 M
  • Holdings in Top 10 43.2%

52 WEEK LOW AND HIGH

$12.05
$10.86
$13.22

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.38%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.66%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$10,000

IRA

$0

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 9.9%
  • 3 Yr Annualized Total Return 8.3%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.33%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name BNY Mellon Asset Allocation Fund
  • Fund Family Name BNY Mellon Funds
  • Inception Date Oct 02, 2000
  • Shares Outstanding N/A
  • Share Class M
  • Currency USD
  • Domiciled Country United States
  • Manager Jeffrey M. Mortimer

Fund Description

The advisor currently intends to allocate its assets, directly and/or through investment in the underlying funds, to gain investment exposure to the following asset classes: Large Cap Equities, Small Cap and Mid Cap Equities, Developed International and Global Equities, Emerging Markets Equities, Investment Grade Bonds, High Yield Bonds, Emerging Markets Debt, Diversifying Strategies and Money Market Instruments. The fund may invest in both individual securities and other investment companies.

MPBLX - Performance

Return Ranking - Trailing

Period MPBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -3.6% 18.6% 24.10%
1 Yr -6.2% -27.6% 10.7% 68.40%
3 Yr 3.5%* -9.2% 14.1% 19.28%
5 Yr -0.2%* -24.5% 8.6% 34.52%
10 Yr 3.5%* -14.3% 9.7% 57.08%

* Annualized


Return Ranking - Calendar

Period MPBLX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.8% -34.6% 1.6% 71.27%
2017 12.0% -12.4% 33.2% 14.74%
2016 3.2% -65.8% 23.3% 49.55%
2015 -8.0% -64.9% 4.8% 69.49%
2014 -0.5% -59.3% 68.3% 56.30%

Total Return Ranking - Trailing

Period MPBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% -3.6% 18.6% 21.38%
1 Yr 0.1% -25.5% 11.4% 39.90%
3 Yr 8.3%* -9.2% 14.1% 9.29%
5 Yr 5.3%* -21.8% 47.6% 11.90%
10 Yr 8.1%* -12.6% 13.3% 34.72%

* Annualized


Total Return Ranking - Calendar

Period MPBLX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.0% -32.7% 1.6% 46.35%
2017 17.1% -8.4% 33.2% 11.10%
2016 6.0% -65.2% 23.3% 47.56%
2015 -1.6% -62.9% 9.2% 33.72%
2014 5.9% -28.5% 76.9% 30.21%

NAV & Total Return History

MPBLX - Holdings

Concentration Analysis

MPBLX Category Low Category High MPBLX % Rank
Net Assets 471 M 608 K 144 B 55.79%
Number of Holdings 295 2 13342 35.67%
Net Assets in Top 10 200 M -752 M 26.4 B 53.26%
Weighting of Top 10 43.18% 0.0% 3196.0% 61.73%

Top 10 Holdings

  1. BNY Mellon Focused Equity Opp M 9.77%

  2. BNY Mellon Intermediate Bond M 5.33%

  3. BNY Mellon Mid Cap Multi-Strategy M 5.20%

  4. BNY Mellon Emerging Markets M 4.85%

  5. Dreyfus Select Managers Small Cap Gr Y 4.04%

  6. Dreyfus Select Managers Small Cap Val Y 2.97%

  7. BNY Mellon International M 2.85%

  8. BNY Mellon Corporate Bond M 2.83%

  9. Dreyfus/Newton International Equity Y 2.70%

  10. BNY Mellon Income Stock M 2.63%


Asset Allocation

Weighting Return Low Return High MPBLX % Rank
Stocks
68.99% -18.54% 99.89% 16.00%
Bonds
27.01% -342.57% 261.66% 74.83%
Cash
3.64% -285.07% 453.71% 56.67%
Convertible Bonds
0.23% -0.09% 39.88% 45.73%
Other
0.11% -253.31% 51.84% 46.87%
Preferred Stocks
0.01% 0.00% 65.70% 68.12%

Stock Sector Breakdown

Weighting Return Low Return High MPBLX % Rank
Technology
15.69% -9.43% 28.91% 6.77%
Financial Services
10.53% -0.38% 47.66% 25.32%
Healthcare
9.12% -2.72% 24.64% 17.91%
Consumer Cyclical
7.86% -10.37% 33.33% 22.53%
Industrials
7.84% -0.28% 27.79% 17.15%
Consumer Defense
4.84% -1.62% 18.58% 28.67%
Energy
3.56% -2.23% 32.61% 38.42%
Real Estate
3.53% -3.85% 73.69% 21.52%
Basic Materials
2.15% -1.52% 21.64% 43.61%
Communication Services
1.97% -0.92% 7.52% 35.63%
Utilities
1.34% -0.60% 23.50% 60.19%

Stock Geographic Breakdown

Weighting Return Low Return High MPBLX % Rank
US
54.27% -20.21% 124.70% 18.72%
Non US
14.72% -91.46% 98.02% 38.65%

Bond Sector Breakdown

Weighting Return Low Return High MPBLX % Rank
Corporate
14.98% 0.00% 93.54% 48.89%
Government
5.89% -203.24% 254.66% 73.37%
Securitized
4.68% 0.00% 43.20% 62.43%
Cash & Equivalents
3.84% -278.69% 455.04% 50.22%
Municipal
1.43% 0.00% 99.76% 8.60%
Derivative
0.00% -190.53% 70.06% 73.06%

Bond Geographic Breakdown

Weighting Return Low Return High MPBLX % Rank
US
24.21% -337.34% 210.96% 70.21%
Non US
2.80% -84.44% 144.19% 64.20%

MPBLX - Expenses

Operational Fees

MPBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.00% 11.64% 86.91%
Management Fee 0.29% 0.00% 2.50% 47.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 0.83% 78.56%

Sales Fees

MPBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.14% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MPBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% N/A

Turnover 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.

MPBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.66% 0.00% 6067.00% 28.65%

MPBLX - Distributions

Dividend Yield Analysis

MPBLX Category Low Category High MPBLX % Rank
Dividend Yield 0.02% 0.00% 0.31% 28.27%

Dividend Distribution Analysis

MPBLX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

MPBLX Category Low Category High MPBLX % Rank
Net Income Ratio 1.33% -4.09% 6.99% 63.82%

Capital Gain Distribution Analysis

MPBLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

MPBLX - Managers

Jeffrey M. Mortimer

Manager

Start Date

Tenure

Tenure Rank

Mar 15, 2013

6.13

6.1%

Jeffrey M. Mortimer, CFA, has been the primary portfolio manager in March 2014. Mr. Mortimer is Director of Investment Strategy for BNY Mellon Wealth Management and has been employed by The Bank of New York Mellon since June 2012. He has been employed by Dreyfus since March 2013 and manages the fund as an employee of Dreyfus. Prior to joining The Bank of New York Mellon, Mr. Mortimer was a partner at Bainco International Investors from September 2010 to May 2012. He also held various positions in financial management with Charles Schwab Investment Management from October 1997 to July 2010. Jeffrey holds an MBA from the University of Chicago Graduate School of Business, and a BS degree from Babson College. He became a CFA charterholder in 1997.


Peter D. Goslin

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2015

3.83

3.8%

Mr. Goslin is a director, senior portfolio manager and active equity strategist at Mellon Capital, where he has been employed since 1999. He was member of small cap and market neutral active equity teams Prior to joining Mellon Capital, worked as a proprietary derivatives trader and NASDAQ market maker for Merrill Lynch. Previously ran Merrill’s Equity Index Option desk at the Chicago Mercantile Exchange Member of the CFA Society of Pittsburgh and a member of the CFA Institute M.B.A., University of Notre Dame, Finance B.S., St. Vincent College, Finance and Computer Science


C. Wesley Boggs

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2015

3.83

3.8%

Mr. Boggs is a vice president and senior portfolio manager at Mellon Capital. Boggs has been with Mellon Capital since 1993, and has been an assistant vice president and senior portfolio manager at Mellon Capital since January 2001. In September 2007, he became dual employees of Dreyfus and Mellon Capital.


William S. Cazalet

Manager

Start Date

Tenure

Tenure Rank

Jul 01, 2015

3.83

3.8%

Mr. Cazalet has been employed by Dreyfus since 2014. He is a managing director and head of active equity strategies at Mellon Capital, where he has been employed since July 2013. Prior to joining Mellon Capital, Mr. Cazalet was employed from November 2011 until June 2013 by Commonfund, Inc. where he was responsible for U.S. west coast and international clients. From October 2005 until December 2010, he served as global co-head of long short equity strategies at AXA Rosenberg, where he was responsible for strategy and portfolio design, product development and marketing.


Syed A. Zamil

Manager

Start Date

Tenure

Tenure Rank

Mar 09, 2017

2.14

2.1%

Mr. Zamil is a managing director and global investment strategist at Mellon Capital, where he has been employed since October 2015. Prior to joining Mellon Capital, Mr. Zamil was employed from October 2012 until October 2015 by American Century Investments as a portfolio manager and from April 2011 until September 2012 by BlackRock as an investment strategist.


Tenure Analysis

Category Low

0.0

Category High

38.35

Category Average

6.56

Category Mode

6.95