Investment objective & strategy
As of April 25, 2025 · prospectusObjective. The fund seeks capital growth.
Strategy. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of small cap companies. The fund currently considers small cap companies to be those companies with market capitalizations that fall within the market capitalization range of companies comprising the Russell 2000 Index, the fund's benchmark index. As of February 28, 2025, the market capitalizations of the smallest and largest companies in the index were approximately $1.2 million and $15.258 billion, respectively, and the weighted average and median market capitalizations of the index were approximately $3.713 billion and $897.0 million, respectively. The fund's sub-adviser, Newton Investment Management North America, LLC, an affiliate of BNY Mellon Investment Adviser, … To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of small cap companies. The fund currently considers small cap companies to be those companies with market capitalizations that fall within the market capitalization range of companies comprising the Russell 2000 Index, the fund's benchmark index. As of February 28, 2025, the market capitalizations of the smallest and largest companies in the index were approximately $1.2 million and $15.258 billion, respectively, and the weighted average and median market capitalizations of the index were approximately $3.713 billion and $897.0 million, respectively. The fund's sub-adviser, Newton Investment Management North America, LLC, an affiliate of BNY Mellon Investment Adviser, Inc., selects stocks for the fund's portfolio based primarily on bottom-up fundamental analysis. The sub-adviser uses a disciplined investment process that relies, in general, on proprietary fundamental research and valuation. Generally, elements of the process include analysis of a company's business prospects, estimation of the company's value and the identification of events or a catalyst that could cause the estimated value of the company to change. In general, the fund seeks exposure to stocks and sectors that the fund's sub-adviser perceives to be attractive from a valuation and fundamental standpoint. The fund typically sells a stock when, in the sub-adviser's view, it approaches intrinsic value, a significant deterioration of fundamental expectations develops, the revaluation catalyst becomes impaired based on subsequent events or a better risk/reward opportunity is presented in the marketplace.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| iShares Trust RUSSELL 2000 VALUE ETF | IWN | $15.50M | 4.98% |
| Russell 2000 ETF | IWM | $8.67M | 2.79% |
| Dreyfus Institutional Preferred Government Plus Money Market Fund | — | $7.01M | 2.25% |
| DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | DRF03 | $6.05M | 1.94% |
| CALIFORNIA RESOU | — | $6.04M | 1.94% |
| CRESCENT ENERGY INC A | — | $5.67M | 1.82% |
| VIAVI SOLUTIONS INC | — | $5.20M | 1.67% |
| MAREX GROUP PLC | MRX | $5.13M | 1.65% |
| FLOWSERVE CORP | — | $4.84M | 1.56% |
| FIRST MERCHANTS CORP | — | $4.60M | 1.48% |
Portfolio moves
Dec 31, 2025 → Mar 31, 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. |
|---|---|---|
| BNY Mellon Small Cap Value Fund · STSVX, RUDAX, BOSCX, BOSYX | 89% | 1.04% |
| BNY Mellon Opportunistic Small Cap Fund · DSCVX, DSCYX, DOPIX | 61% | 0.78% |
| BNY Mellon Small Cap Multi-Strategy Fund · MPSSX, MISCX | 49% | 1.09% |
Advisers
| Firm | Role |
|---|---|
| BNY Mellon Investment Adviser, Inc. | Adviser |
| Newton Investment Management North America, LLC | Sub-adviser |
| Newton Investment Management Limited | Sub-adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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