Investment objective & strategy
As of March 27, 2026 · prospectusObjective. The fund seeks high total return through a combination of capital appreciation and current income.
Strategy. To pursue its goal, the fund invests in a diversified mix of stocks and fixed-income securities. Newton Investment Management North America, LLC (NIMNA), an affiliate of BNY Mellon Investment Adviser Inc., the fund's investment adviser, serves as the fund's sub-adviser responsible for overall asset allocation for the fund and for the portion of the fund's assets allocated to equity investments and fixed-income investments. NIMNA has engaged its affiliate, Newton Investment Management Limited (NIM), to provide the day-to-day management of the portion of the fund's assets allocated to fixed-income investments. NIMNA and NIM select securities for the fund that, in their judgment, will result in the highest total return consistent with preservation of principal. The mix of stocks and bonds varies … To pursue its goal, the fund invests in a diversified mix of stocks and fixed-income securities. Newton Investment Management North America, LLC (NIMNA), an affiliate of BNY Mellon Investment Adviser Inc., the fund's investment adviser, serves as the fund's sub-adviser responsible for overall asset allocation for the fund and for the portion of the fund's assets allocated to equity investments and fixed-income investments. NIMNA has engaged its affiliate, Newton Investment Management Limited (NIM), to provide the day-to-day management of the portion of the fund's assets allocated to fixed-income investments. NIMNA and NIM select securities for the fund that, in their judgment, will result in the highest total return consistent with preservation of principal. The mix of stocks and bonds varies from time to time, but normally the fund allocates between 75% to 50% of its net assets to equities and between 25% and 50% of its net assets to fixed-income securities. NIMNA allocates the fund's assets between equity and fixed- income securities, based on an assessment of the relative return and risk of each asset class, analyzing several factors, including general economic conditions, anticipated future changes in interest rates and the outlook for stocks and fixed-income securities generally. In seeking to achieve a high relative risk-adjusted return on the fund's equity investments, NIMNA creates a broadly diversified equity portfolio for the fund that includes a blend of growth stocks and value stocks. Stock selection is made through extensive quantitative and fundamental research. The fund may invest up to 20% of its net assets in foreign equity securities. For the fixed-income portion of the fund's portfolio, NIM combines a top-down approach, emphasizing economic trends and current investment themes, with bottom-up security selection based on fundamental research to allocate the fund's investments among and within fixed-income asset classes. In constructing the fixed-income portion of the fund's portfolio, NIM looks for what it considers to be the best opportunities in the fixed-income markets at any given time.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $11.49M | 3.96% |
| US TREASURY N/B | — | $7.23M | 2.49% |
| APPLE INC | — | $7.05M | 2.43% |
| AMAZON.COM INC | — | $6.34M | 2.19% |
| US TREASURY N/B | — | $5.97M | 2.06% |
| ALPHABET INC CL C | — | $5.34M | 1.84% |
| MICROSOFT CORP | — | $5.31M | 1.83% |
| Dreyfus Institutional Preferred Government Plus Money Market Fund | — | $4.54M | 1.57% |
| US TREASURY N/B | — | $4.39M | 1.52% |
| US TREASURY N/B | — | $3.81M | 1.31% |
Portfolio moves
Nov 30, 2025 → Feb 28, 2026How 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. |
|---|---|---|
| Growth and Income Portfolio | 52% | 0.70% |
| BNY Mellon Large Cap Equity Fund · DLQAX, DEYCX, DLQIX, DLACX | 43% | 0.75% |
| Destinations Large Cap Equity Fund · DLCFX, DLCZX | 40% | 0.66% |
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 March 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
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