Please ensure Javascript is enabled for purposes of website accessibility
Gathering data
Disclaimer Not Available

    BNY Mellon Dynamic Value Fund

    Overview

    Why invest in this Fund?

    The fund seeks capital appreciation. 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 may invest up to 30% of its net assets in foreign securities. The fund's sub-adviser identifies potential investments through extensive quantitative and fundamental research. The fund focuses on individual stock selection (a "bottom-up" approach), emphasizing three key factors: value, sound business fundamentals and positive business momentum. The fund typically sells a stock when the fund's sub-adviser believes there is a more attractive alternative, the stock's valuation is excessive or there are deteriorating fundamentals, such as a loss of competitive advantage, a failure in management execution or deteriorating capital structure. In addition, at times, the fund may engage in active and frequent trading, which will increase portfolio turnover.
    Min. Class Investment
    $1,000
    Class Inception Date
    09/29/95
    Fund Assets
    $9,346,461,146  As of  09/15/25
    Class Assets
    $1,423,610,811  As of  09/15/25
    Portfolio Turnover Rate
    90.65% As of fiscal year end  08/31/24
    Morningstar Category
    Large Value
    Benchmark
    Russell 1000® Value Index
    Morningstar Overall Rating
    Fund Holdings
    73 As of 08/31/25

    Morningstar Rating™ as of August 31, 2025 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Large Value category. Fund ratings are out of 5 Stars: Overall 4 Stars (1077 funds rated); 3 Yrs. 4 Stars (1077 funds rated); 5 Yrs. 5 Stars (1018 funds rated); 10 Yrs. 4 Stars (826 funds rated).

    ALSO AVAILABLE AS
    AN ETF

    Portfolio Managers

    • Brian C. Ferguson

      Brian C. Ferguson

      Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since 2003

      Joined Firm in 1997

      Joined Industry in 1990
    • John Bailer

      John Bailer, CFA

      Deputy Head of Equity Income, Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since 2004

      Joined Firm in 1992

      Joined Industry in 1992
    • Keith Howell

      Keith Howell

      Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since 2021

      Joined Firm in 2006

      Joined Industry in 2004
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  5.75%  Front End Load

    Month End

    Average Annual
    As of 08/31/25
    Name 3 MO
    08/31/25     		YTD
    08/31/25     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Dynamic Value Fund
    DAGVX
    		2.36 5.51 5.64 13.55 17.21 11.74 11.19
    Russell 1000® Value Index
    		7.33 10.01 9.33 12.88 12.97 10.22 -

    Quarter End

    Average Annual
    As of 06/30/25
    Name 3 MO
    06/30/25     		YTD
    06/30/25     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Dynamic Value Fund
    DAGVX
    		-1.04 1.56 9.02 14.00 18.33 10.74 11.12
    Russell 1000® Value Index
    		3.79 6.00 13.70 12.76 13.93 9.19 -

    The performance data quotes represents past performance, which is no guarantee of future results. Yield, share price and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Click above for month-end returns.

    The Russell 1000® Value Index measures the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000 companies that are considered more value-oriented relative to the overall market as defined by Russell's leading style methodology. The Russell 1000® Value Index is constructed to provide a comprehensive and unbiased barometer for the large-cap value segment. The index is completely reconstituted annually to ensure new and growing equities are included and that the represented companies continue to reflect value characteristics. Investors cannot invest directly in any index.

     

    Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical Performance

       

      Yearly Total Return

      Yearly

      Fees & Expenses

      Prospectus Fee Table Expense Ratios

      As of  12/31/24 Fee Description Expense Ratio (%)
      Management Fee 0.60%
      Service Fee 0.25%
      Other Expenses 0.10%
      Total Expenses 0.95%
      Expenses Reimbursed 0.02%
      Net Expenses 0.93%
      Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
      The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until December 31, 2025, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the fund's share classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .68%. On or after December 31, 2025, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

      Sales Charge

      Portfolio

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). BNYM Investment Adviser has engaged its affiliate, Newton Investment Management North America, LLC (NIMNA), to serve as the fund's sub-adviser. NIMNA has entered into a sub-sub-investment advisory agreement with its affiliate, Newton Investment Management Limited (NIM), to enable NIM to provide certain advisory services to NIMNA for the benefit of the fund. Brian C. Ferguson, John C. Bailer, CFA and Keith Howell, CFA are the fund's primary portfolio managers. Mr. Ferguson has been the fund's lead portfolio manager since September 2003. Messrs. Bailer and Howell have been primary portfolio managers of the fund since December 2004 and September 2021, respectively. Mr. Ferguson is a portfolio manager at NIMNA. He has been employed by NIMNA or a predecessor company of NIMNA since 1997. Mr. Bailer is Deputy Head of Equity Income and a portfolio manager at NIMNA. He has been employed by NIMNA or a predecessor company of NIMNA since 1992. Mr. Howell is a portfolio manager at NIMNA. He has been employed by NIMNA or a predecessor company of NIMNA since 2006.

      Top Holdings

      Download Total Holdings
      As of 08/31/25

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 09/15/25 Name NAV Change 11/29/24  12 Month 
          High Nav           		04/08/25  12 Month 
          Low Nav           		YTD Return
          DAGVX
          		$48.99
          -$0.09
          -0.18%
          		$51.11 $39.91 11.09%

          Performance Metrics

          Overall Morningstar Rating

          MORNINGSTAR CATEGORY Large Value

          Morningstar Rating™ as of 08/31/25 for the Class A shares; other classes may have different performance characteristics. Overall rating for the Large Value. Fund ratings are out of 5 Stars: Overall 4 Stars (1077 funds rated); 3 Yrs. 4 Stars (1077 funds rated); 5 Yrs. 5 Stars (1018 funds rated); 10 Yrs. 4 Stars (826 funds rated).
          The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-,and 10-year (if applicable) Morningstar Rating metrics. © Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

          Lipper Rankings

          • 1 Year
            120 out of 628
          • 3 Year
            79 out of 598
          • 5 Year
            8 out of 559
          • 10 Year
            19 out of 429

          LIPPER CLASSIFICATION Multi-Cap Value Funds

          Lipper Category returns and rankings as of 08/31/25, are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

          Main Risks

          Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.
          Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.

          Risk Metrics

          As of  08/31/25  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DAGVX
          		14.80 -1.20 0.86 73.33 0.74

          All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is S&P 500® Index.


          Alpha - Alpha is a measure of a security's or portfolio's excess return.

          Beta - Beta is a measure of a security’s or portfolio’s volatility, or systematic risk.

          R-Squared - R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

          Sharpe Ratio - Sharpe ratio is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.

          Standard Deviation - Standard deviation is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.

          Distributions

          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Aug 31
          Year Dividend ($) Capital Gains ($)
          2024 0.4349 3.2504
          2023 0.3168 1.7741
          2022 0.2765 3.2626
          2021 0.4550 9.1319
          2020 0.2209 0.7814
          2019 0.5700 0.6711
          2018 0.6343 4.8412
          2017 0.3861 3.9062
          2016 0.4881 0.5637
          2015 0.3851 4.9261

          Distributions History

          Record Date Ex-Dividend Date Payable Date Ordinary 
          Non-Qualified 
          Dividends           		Qualified 
          Dividends           		Non-Qualified 
          Short-Term 
          Capital Gain           		Qualified 
          Short-Term 
          Capital Gain           		Long-Term 
          Capital Gain           		Total 
          Distribution
          12/03/24 12/04/24 12/04/24 0.1319 0.3030 0.1582 0.3635 2.7287 3.6853
          Record Date Ex-Dividend Date Payable Date Ordinary 
          Non-Qualified 
          Dividends           		Qualified 
          Dividends           		Non-Qualified 
          Short-Term 
          Capital Gain           		Qualified 
          Short-Term 
          Capital Gain           		Long-Term 
          Capital Gain           		Total 
          Distribution
          12/05/23 12/06/23 12/06/23 0.0000 0.3168 0.0000 0.0000 1.7741 2.0909
          12/05/22 12/06/22 12/06/22 0.0857 0.1908 0.1293 0.2877 2.8456 3.5391
          12/07/21 12/08/21 12/08/21 0.3362 0.1188 1.7866 0.6313 6.7140 9.5869
          12/07/20 12/08/20 12/08/20 0.0000 0.2209 0.0000 0.0000 0.7814 1.0023
          12/09/19 12/10/19 12/10/19 0.0000 0.5700 0.0000 0.1051 0.5660 1.2411
          12/04/18 12/06/18 12/06/18 0.1950 0.4393 0.2584 0.5820 4.0008 5.4755
          12/04/17 12/05/17 12/05/17 0.1924 0.1937 0.6193 0.6233 2.6636 4.2923
          12/02/16 12/05/16 12/05/16 0.0000 0.4881 0.0000 0.0000 0.5637 1.0518
          12/07/15 12/08/15 12/08/15 0.0000 0.3851 0.0000 0.2233 4.7028 5.3112
          12/09/14 12/10/14 12/10/14 0.1369 0.2243 0.2982 0.4887 3.3717 4.5198
          12/17/13 12/18/13 12/18/13 0.0521 0.2074 0.1090 0.4335 1.5034 2.3054
          12/19/12 12/20/12 12/20/12 0.0000 0.3750 0.0000 0.0000 0.0000 0.3750
          12/13/11 12/14/11 12/14/11 0.0000 0.1950 0.0000 0.0000 0.0000 0.1950
          12/08/10 12/09/10 12/09/10 0.0000 0.1910 0.0000 0.0000 0.0000 0.1910
          12/03/09 12/04/09 12/04/09 0.0000 0.1390 0.0000 0.0000 0.0000 0.1390
          12/01/08 12/02/08 12/02/08 0.0000 0.2610 0.0000 0.0000 0.0000 0.2610
          12/03/07 12/04/07 12/04/07 0.0880 0.1970 0.1737 0.3889 1.3512 2.1988
          12/04/06 12/05/06 12/05/06 0.1048 0.1052 0.4047 0.4059 1.0824 2.1030
          12/02/05 12/05/05 12/05/05 0.0750 0.0380 0.7230 0.3630 1.1580 2.3570
          11/27/01 11/28/01 11/28/01 0.0730 0.0000 0.3370 0.0000 0.0000 0.6960
          12/01/00 12/04/00 12/04/00 0.3800 0.0000 2.8160 0.0000 0.0000 4.3680
          11/29/99 11/30/99 11/30/99 0.0760 0.0000 0.2650 0.0000 0.0000 2.5940
          12/01/98 12/02/98 12/02/98 0.0400 0.0000 0.0300 0.0000 0.0000 1.0900
          12/02/97 12/03/97 12/03/97 0.0250 0.0000 1.6000 0.0000 0.0000 1.7200
          12/10/96 12/11/96 12/11/96 0.0500 0.0000 1.8600 0.0000 0.0000 1.9150
          12/11/95 12/12/95 12/12/95 0.0350 0.0000 0.0000 0.0000 0.0000 0.0350
          See all rows...
          Literature

          Literature

          PRODUCT MATERIALS

          • Download
          • Share
          • Subscribe
          BNY Mellon Dynamic Value Fund - Whats in a Name Download
          BNY Mellon Dynamic Value Fund - Finding Value Download
          BNY Mellon Dynamic Value Fund - Enhanced Factsheet Download
          BNY Mellon Dynamic Value Fund - Presentation Download
          BNY Mellon Dynamic Value Fund - Top 10 Rationale Download
          BNY Mellon Dynamic Value Fund - Commentary Download

          Factsheet, Prospectus and Reports

          • Download
          • Share
          • Subscribe
          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Annual Report Download
          Semi Annual Report - Class A Download
          Annual Financials and Other Information Download
          Semi Annual Financials and Other Information Download
          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download

          Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

          This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

          Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.

           

          Gathering data
          Disclaimer Not Available
          close
          You are about to leave this site. This link directs you to a third-party website. BNY and it's affiliates accepts no responsibility for the content on third-party sites or for the services provided. Also, please be aware that when you use services provided by a third-party site, you're subject to that site's terms of service and privacy policy rules (i.e., sharing of personal information), which you should review carefully before proceeding.
          Leave Stay