Investment objective & strategy
As of March 28, 2024 · prospectusObjective. The fund seeks capital appreciation.
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 range of companies in the Russell 2000 Value Index, the fund's benchmark index. The fund's portfolio is constructed so as to have a value tilt. The fund may invest up to 15% of its net assets in foreign securities (i.e., securities issued by companies organized under the laws of countries other than the U.S.). The fund uses a "multi-manager" approach by selecting one or more sub-advisers to manage the fund's assets. The fund may … 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 range of companies in the Russell 2000 Value Index, the fund's benchmark index. The fund's portfolio is constructed so as to have a value tilt. The fund may invest up to 15% of its net assets in foreign securities (i.e., securities issued by companies organized under the laws of countries other than the U.S.). The fund uses a "multi-manager" approach by selecting one or more sub-advisers to manage the fund's assets. The fund may hire, terminate or replace sub-advisers and modify material terms and conditions of sub-advisory arrangements without shareholder approval. The fund's assets are currently allocated among five sub-advisers, each of which acts independently of the others and uses its own methodology to select portfolio investments.
Top holdings
As of May 31, 2024 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Dreyfus Institutional Preferred Government Plus Money Market Fund | — | $29.06M | 30.51% |
| Dreyfus Institutional Preferred Government Plus Money Market Fund | — | $4.23M | 4.44% |
| DREYFUS INSTITUTIONAL PREFERRED PL | — | $1.69M | 1.78% |
| EVERCORE INC A | — | $1.07M | 1.12% |
| BELDEN INC | — | $1.05M | 1.10% |
| STIFEL FINANCIAL CORP | — | $1.02M | 1.07% |
| BRINK'S CO/THE | — | $1.02M | 1.07% |
| SOUTHWEST GAS HOLDINGS INC | — | $1.01M | 1.06% |
| INTEGER HOLDINGS CORP | — | $992.71K | 1.04% |
| LOUISIANA PACIFIC CORP | — | $976.21K | 1.02% |
Portfolio moves
Feb 29, 2024 → May 31, 2024How 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 Select Managers Small Cap Growth Fund | 26% | 0.98% |
| AZL DFA U.S. Small Cap Fund | 14% | 0.98% |
| The Small Capitalization - Mid Capitalization Equity Portfolio | 11% | 0.26% |
Footnotes
- Net assets and holdings count as of May 31, 2024, from the fund's N-PORT filing.
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