- 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 $867.2M 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 the fund issuer.
- 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.
