BNY Mellon Small/Mid Cap Growth Fund Class A

Frequently Asked Questions About DBMAX

What does DBMAX invest in?

The fund's primary strategy for achieving its objectives involves allocating a minimum of 80% of its net assets, including any borrowed capital utilized for investment, to the equity securities of small and medium-sized U.S. enterprises. The investment advisor currently defines small-cap and mid-cap companies as those possessing a total market capitalization no greater than that of the largest company featured in the Russell 2500™ Growth Index, which serves as the fund's established benchmark.

What is the expense ratio of DBMAX?

BNY Mellon Small/Mid Cap Growth Fund Class A (DBMAX) charges an expense ratio of 1.02%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DBMAX?

BNY Mellon Small/Mid Cap Growth Fund Class A (DBMAX) manages $735.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DBMAX actively managed or an index fund?

DBMAX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DBMAX's is 1.02%) because there's no security selection cost.

When was DBMAX launched?

BNY Mellon Small/Mid Cap Growth Fund Class A (DBMAX) launched in March 2009 and is managed by BNY Mellon.

How has DBMAX performed?

DBMAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.