Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
21.3%
1 yr return
29.3%
3 Yr Avg Return
5.0%
5 Yr Avg Return
12.4%
Net Assets
$317 M
Holdings in Top 10
42.7%
Expense Ratio 2.12%
Front Load N/A
Deferred Load 1.00%
Turnover 35.32%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
$750
Fund Type
Open End Mutual Fund
Name
As of 10/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of large capitalization companies. The fund considers large-cap companies to be those companies with market capitalizations of $5 billion or more at the time of purchase. The fund invests in growth-oriented stocks and value-oriented stocks. The fund invests primarily in equity securities of U.S. issuers, but may invest in the equity securities of foreign issuers, including those in emerging market countries.
The fund is designed to provide investment exposure to the Equity Income Strategy and the Growth Strategy employed by Newton Investment Management North America, LLC, the fund's sub-adviser. The fund's portfolio manager responsible for portfolio construction uses a collaborative process, engaging with the portfolio managers responsible for the Equity Income Strategy and the Growth Strategy to select the best opportunities from the companies identified and recommended from the strategies. Although there is no target or limitation on the amount of fund assets to be allocated to stocks of companies included in either investment strategy, the fund typically invests in stocks selected from both the Equity Income Strategy and the Growth Strategy.
Description of the Equity Income Strategy and the Growth Strategy
The following describes the investment strategies employed by the portfolio managers responsible for the Equity Income Strategy and the Growth Strategy in identifying investment opportunities for the fund.
Equity Income Strategy
The portfolio managers responsible for the Equity Income Strategy focus on dividend-paying stocks and other investments that provide income. The portfolio managers responsible for the Equity Income Strategy identify stocks through a disciplined investment process that combines computer modeling techniques and fundamental analysis. The Equity Income Strategy emphasizes those stocks with value characteristics, although the portfolio managers for the strategy also may identify for investment stocks with growth characteristics.
The portfolio managers responsible for the Equity Income Strategy may recommend selling a security held in the Equity Income Strategy when the buy rationale has changed. This might be because the target price has been reached or the portfolio managers responsible for the Equity Income Strategy believe that there has been a negative change in the fundamental factors surrounding the company.
Growth Strategy
The portfolio managers responsible for the Growth Strategy employ a growth-oriented investment style, which means that they seek to identify stocks of companies that are experiencing or are expected to experience rapid earnings or revenue growth. The portfolio managers responsible for the Growth Strategy focus on high quality companies, especially those with products or services that are believed to be leaders in their market niches. The portfolio managers responsible for the Growth Strategy focus on individual stock selection, instead of trying to predict which industries or sectors will perform best. The Growth Strategy portfolio managers use fundamental research complemented by "thematic insights" to identify companies considered to have attractive investment characteristics, such as strong business models and competitive positions, solid cash flows and balance sheets, high quality management and high sustainable earnings growth.
The portfolio managers responsible for the Growth Strategy may recommend selling a security held in the Growth Strategy if the company's business momentum deteriorates or valuation becomes excessive. The portfolio managers responsible for the Growth Strategy also may recommend selling a security in the Growth Strategy if an event occurs
that contradicts their rationale for purchasing it, such as deterioration in the company's financial fundamentals. In addition, the portfolio managers responsible for the Growth Strategy may recommend selling a security if better investment opportunities emerge elsewhere.
Portfolio Construction
The portfolio manager responsible for portfolio construction collaborates with both the portfolio managers responsible for the Equity Income Strategy and the portfolio managers responsible for the Growth Strategy to construct a high conviction portfolio (i.e., providing concentrated exposure to those securities the portfolio managers believe represent the highest quality companies recommended for their strategies), while seeking to manage risk. At the security level, the portfolio manager responsible for portfolio construction considers for investment by the fund those securities recommended by the portfolio managers responsible for the Equity Income Strategy and the Growth Strategy. With the universe identified, portfolio construction targets preserving the main investment exposures that the portfolio managers for the separate strategies are seeking to provide. At the sector level, portfolio construction will tilt the fund's portfolio to reflect the preferences of the portfolio managers responsible for the Equity Income Strategy and the Growth Strategy. The fund's investment strategies may lead it to emphasize, from time to time, certain sectors, such as information technology, telecommunication services, healthcare and financials. The portfolio manager responsible for portfolio construction monitors security and sector weightings and regularly evaluates the fund's risk-adjusted returns to manage the risk profile of the fund's portfolio and adjust exposure limits as necessary.
Period | DEYCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 21.3% | -1.3% | 42.0% | 61.60% |
1 Yr | 29.3% | 6.1% | 57.5% | 86.96% |
3 Yr | 5.0%* | -27.7% | 25.5% | 78.84% |
5 Yr | 12.4%* | -13.0% | 30.1% | 87.69% |
10 Yr | 11.3%* | -4.4% | 20.4% | 87.96% |
* Annualized
Period | DEYCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -15.0% | -74.1% | 72.4% | 99.82% |
2022 | -33.2% | -85.9% | 4.7% | 44.21% |
2021 | 10.2% | -52.4% | 60.5% | 43.04% |
2020 | 17.7% | -34.3% | 145.0% | 77.60% |
2019 | 23.1% | -6.9% | 49.4% | 63.03% |
Period | DEYCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 21.3% | -1.3% | 42.0% | 61.60% |
1 Yr | 29.3% | 6.1% | 57.5% | 86.96% |
3 Yr | 5.0%* | -27.7% | 25.5% | 78.84% |
5 Yr | 12.4%* | -13.0% | 30.1% | 87.69% |
10 Yr | 11.3%* | -4.4% | 20.4% | 87.96% |
* Annualized
Period | DEYCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.7% | -4.6% | 72.4% | 96.93% |
2022 | -24.3% | -61.7% | 5.6% | 19.12% |
2021 | 26.4% | -39.8% | 118.1% | 21.61% |
2020 | 22.4% | 2.8% | 149.2% | 88.85% |
2019 | 28.3% | -5.2% | 49.4% | 86.67% |
DEYCX | Category Low | Category High | DEYCX % Rank | |
---|---|---|---|---|
Net Assets | 317 M | 292 K | 287 B | 72.91% |
Number of Holdings | 77 | 2 | 3143 | 35.01% |
Net Assets in Top 10 | 122 M | 109 K | 151 B | 78.37% |
Weighting of Top 10 | 42.70% | 0.7% | 205.0% | 81.37% |
Weighting | Return Low | Return High | DEYCX % Rank | |
---|---|---|---|---|
Stocks | 99.79% | 0.00% | 115.30% | 13.29% |
Cash | 0.22% | 0.00% | 173.52% | 80.52% |
Preferred Stocks | 0.00% | 0.00% | 10.69% | 62.48% |
Other | 0.00% | -31.50% | 50.35% | 63.55% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 56.56% |
Bonds | 0.00% | 0.00% | 103.97% | 58.08% |
Weighting | Return Low | Return High | DEYCX % Rank | |
---|---|---|---|---|
Technology | 24.32% | 0.00% | 65.70% | 85.97% |
Healthcare | 15.52% | 0.00% | 39.76% | 23.02% |
Financial Services | 13.94% | 0.00% | 43.06% | 17.72% |
Consumer Cyclical | 9.66% | 0.00% | 62.57% | 87.05% |
Industrials | 9.58% | 0.00% | 30.65% | 14.12% |
Communication Services | 8.98% | 0.00% | 66.40% | 67.72% |
Consumer Defense | 6.12% | 0.00% | 25.50% | 16.82% |
Energy | 5.16% | 0.00% | 41.09% | 8.99% |
Basic Materials | 2.39% | 0.00% | 18.91% | 25.36% |
Utilities | 2.21% | 0.00% | 16.07% | 7.55% |
Real Estate | 2.10% | 0.00% | 16.05% | 26.89% |
Weighting | Return Low | Return High | DEYCX % Rank | |
---|---|---|---|---|
US | 99.79% | 0.00% | 115.30% | 10.50% |
Non US | 0.00% | 0.00% | 75.51% | 69.75% |
DEYCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.12% | 0.01% | 28.71% | 5.32% |
Management Fee | 0.70% | 0.00% | 1.50% | 70.80% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 76.39% |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
DEYCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 56.80% |
DEYCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
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.
DEYCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 35.32% | 0.00% | 316.74% | 53.51% |
DEYCX | Category Low | Category High | DEYCX % Rank | |
---|---|---|---|---|
Dividend Yield | 24.66% | 0.00% | 27.58% | 0.18% |
DEYCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
DEYCX | Category Low | Category High | DEYCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.58% | -6.13% | 3.48% | 70.28% |
DEYCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.165 | CapitalGainShortTerm |
Mar 27, 2024 | $1.878 | CapitalGainLongTerm |
Dec 18, 2023 | $3.997 | OrdinaryDividend |
Mar 30, 2023 | $1.298 | CapitalGainLongTerm |
Dec 16, 2022 | $1.208 | CapitalGainLongTerm |
Mar 30, 2022 | $1.487 | CapitalGainLongTerm |
Dec 17, 2021 | $3.598 | OrdinaryDividend |
Mar 30, 2021 | $0.187 | OrdinaryDividend |
Dec 17, 2020 | $0.377 | OrdinaryDividend |
Mar 26, 2020 | $0.406 | CapitalGainLongTerm |
Dec 17, 2019 | $0.523 | CapitalGainLongTerm |
Mar 18, 2019 | $0.307 | CapitalGainLongTerm |
Dec 17, 2018 | $2.167 | CapitalGainLongTerm |
Mar 19, 2018 | $0.071 | CapitalGainShortTerm |
Mar 19, 2018 | $0.270 | CapitalGainLongTerm |
Dec 19, 2017 | $0.141 | CapitalGainShortTerm |
Dec 19, 2017 | $0.416 | CapitalGainLongTerm |
Mar 20, 2017 | $0.140 | CapitalGainLongTerm |
Dec 19, 2016 | $0.205 | CapitalGainLongTerm |
Dec 18, 2015 | $0.734 | CapitalGainLongTerm |
Dec 19, 2014 | $0.180 | CapitalGainLongTerm |
Dec 19, 2014 | $0.022 | OrdinaryDividend |
Mar 25, 2011 | $0.021 | ExtraDividend |
Mar 25, 2010 | $0.091 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Feb 22, 2018
4.27
4.3%
Mr. Lee is a portfolio manager and senior equity analyst at BNY Mellon Wealth Management, which he joined in 2005. Mr. Lee is a member of the Large Cap Equity Team at BNY Mellon Wealth Management, and is a senior analyst for the Technology and Telecommunications sectors.
Start Date
Tenure
Tenure Rank
Feb 22, 2018
4.27
4.3%
Donald M. Sauber has been a primary portfolio manager of BNY Mellon Large Cap Market Opportunities Fund with respect to the Focused Equity Strategy, the Large Cap Growth Strategy and the Large Cap Dividend Strategy, of BNY Mellon Tax-Sensitive Large Cap Multi-Strategy Fund with respect to the Large Cap Core Strategy, the Focused Equity Strategy, the Large Cap Growth Strategy and the Large Cap Dividend Strategy, and of BNY Mellon Focused Equity Opportunities Fund since March 2018. Mr. Sauber is a portfolio manager and senior equity analyst at BNY Mellon Wealth Management, which he joined in 2006. Mr. Sauber is a member of the Large Cap Equity Team at BNY Mellon Wealth Management, and is a senior analyst for the Financial Services sector.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.24 | 3.08 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...