BNY Mellon Variable Investment Fund, Growth and Income Portfolio
- Fund Code 0108
- CUSIP 05589U200
- SHARE CLASS
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Why invest in this Fund?
The fund seeks long-term capital growth, current income and growth of income consistent with reasonable investment risk.
To pursue its goal, the fund normally invests primarily in stocks of domestic and foreign issues. The fund's stock investments may include common stocks, preferred stocks, convertible securities and American Depositary Receipts (ADRs), including those purchased in initial public offerings (IPOs)
The portfolio managers seek to create a broadly diversified portfolio for the fund that includes a blend of growth and dividend paying stocks. The fund's investment process is designed to provide investors with investment exposure to sector weightings and risk characteristics similar to those of the S&P 500 Index. The portfolio managers choose stocks through a disciplined investment process that combines computer modeling techniques, bottom-up fundamental analysis and risk management. In selecting securities, the portfolio managers seek companies that possess some or all of the following characteristics: growth of earnings potential, operating margin improvement, revenue growth prospects, business improvement, good business fundamentals, dividend yield consistent with the fund's strategy pertaining to income, value, or how a stock is priced relative to its perceived intrinsic worth, healthy financial profile, which measures the financial wellbeing of the company.
Morningstar Rating™ as of October 31, 2025 for the Initial Shares class shares; other classes may have different performance characteristics. Overall rating for the Large Blend category. Fund ratings are out of 5 Stars: Overall 4 Stars (1223 funds rated); 3 Yrs. 3 Stars (1223 funds rated); 5 Yrs. 4 Stars (1134 funds rated); 10 Yrs. 4 Stars (881 funds rated).
Yields and Expense Ratio
|
30-DAY SEC YIELD as of 11/21/25 |
PROSPECTUS FEE TABLE EXPENSE RATIO (%) as of 05/01/25 |
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|---|---|---|---|---|
| Subsidized | Unsubsidized | Net | Gross | Contractual Fee Waiver End Date |
| 0.00 | 0.00 | 0.70 | 0.93 | 05/01/26 |
Yield fluctuates and past performance is no guarantee of future results.
The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.
Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.
Gross 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 Gross Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
Portfolio Managers
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John Bailer, CFA
Deputy Head of Equity Income, Portfolio Manager, Newton Investment Management North America, LLC
Managing Fund Since 2008
Joined Firm in 1992
Joined Industry in 1992
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Karen Miki Behr
Portfolio Manager, Newton Investment Management Limited
Managing Fund Since 2021
Joined Firm in 2008
Joined Industry in 1999
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Brian C. Ferguson
Portfolio Manager, Newton Investment Management North America, LLC
Managing Fund Since 2020
Joined Firm in 1997
Joined Industry in 1990
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Keith Howell
Portfolio Manager, Newton Investment Management North America, LLC
Managing Fund Since 2021
Joined Firm in 2006
Joined Industry in 2004
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Julianne D. McHugh
Senior Portfolio Manager, Newton Investment Management North America, LLC
Managing Fund Since February 2025
Joined Firm in 2004
Joined Industry in 1992
Fees & Expenses
Variable insurance products have additional fees, charges and expenses. Please consult the applicable variable contract prospectus for more detailed information.
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Main Risks
Equity funds are subject generally to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund's prospectus.
Risk Metrics
| As of 10/31/25 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
|---|---|---|---|---|---|
|
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|
13.99 | -3.08 | 1.06 | 95.33 | 1.03 |
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.
Literature
Factsheet, Prospectus and Reports
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