Investment objective & strategy
As of Dec. 27, 2024 · prospectusObjective. The fund seeks total return (consisting of capital appreciation and income).
Strategy. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in stocks. The fund seeks to focus on dividend-paying stocks and other investments and investment techniques that provide income. The fund's sub-adviser, Newton Investment Management North America, LLC (NIMNA), an affiliate of BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser), chooses stocks for the fund through a disciplined investment process that combines computer modeling techniques, fundamental analysis and risk management. The fund emphasizes those stocks with value characteristics, although it may also purchase growth stocks. The fund may invest in the stocks of companies of any market capitalization, although it focuses on large-cap companies. The fund's investment process is … To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in stocks. The fund seeks to focus on dividend-paying stocks and other investments and investment techniques that provide income. The fund's sub-adviser, Newton Investment Management North America, LLC (NIMNA), an affiliate of BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser), chooses stocks for the fund through a disciplined investment process that combines computer modeling techniques, fundamental analysis and risk management. The fund emphasizes those stocks with value characteristics, although it may also purchase growth stocks. The fund may invest in the stocks of companies of any market capitalization, although it focuses on large-cap companies. The fund's investment process is designed to provide investors with investment exposure to sector weightings and risk characteristics generally similar to those of the Dow Jones U.S. Select Dividend Index (Dow Jones Index), an index of 100 U.S. company stocks selected by dividend yield. The fund's portfolio allocations, however, may differ from those of the Dow Jones Index. The fund invests principally in common stocks. The fund typically sells a security when the buy rationale has changed. This might be because the target price has been reached or the fund's sub-adviser believes that there has been a negative change in the fundamental factors surrounding the company.
Top holdings
As of Nov. 30, 2025 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| CME GROUP INC CL A | — | $6.38M | 4.56% |
| OLD REPUBLIC INTL CORP | — | $6.38M | 4.56% |
| JOHNSON&JOHNSON | — | $6.20M | 4.43% |
| CISCO SYSTEMS INC | — | $5.94M | 4.24% |
| ASSURANT INC | — | $5.61M | 4.01% |
| JPMORGAN CHASE and CO | — | $5.23M | 3.73% |
| MEDTRONIC PLC | — | $4.55M | 3.25% |
| BANK OF AMERICA CORPORATION | — | $4.49M | 3.20% |
| EXXON MOBIL CORP | — | $4.48M | 3.20% |
| L3HARRIS TECHNOLOGIES INC | — | $4.30M | 3.07% |
Portfolio moves
Aug 31, 2025 → Nov 30, 2025How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| BNY Mellon Enhanced Dividend and Income ETF · BEDY | 70% | 0.50% |
| JNL/Newton Equity Income Fund | 66% | 0.57% |
| NVIT BNY Mellon Dynamic U.S. Equity Income Fund | 65% | 0.51% |
Advisers
| Firm | Role |
|---|---|
| BNY Mellon Investment Adviser, Inc. | Adviser |
| Newton Investment Management North America, LLC | Sub-adviser |
| Newton Investment Management Limited | Sub-adviser |
Footnotes
- Expense ratio as of December 27, 2024, from the fund's prospectus.
- Net assets and holdings count as of November 30, 2025, from the fund's N-PORT filing.
- Total return for calendar year 2024, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2024 (the latest prospectus does not yet chart this year).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.