# BNY Mellon Growth Fund Class I (SSETX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ssetx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BNY Mellon · Asset class: Equity - Strategy: Passive Index · Inception: 1996-12-20 The BNY Mellon Growth Fund Class I typically allocates a minimum of 80% of its total assets, including any borrowed funds for investment, to equity securities issued by smaller U.S. companies. The fund's management currently defines these small-capitalization firms as those with a total market value no greater than that of the largest constituent within its benchmark index, the Russell 2000® Growth Index. Furthermore, the fund's investment approach may lead it to concentrate holdings in particular sectors, such as technology, healthcare, business services, and communications. ## Key Facts | Metric | Value | |---|---| | Price | $43.73 | | Expense Ratio | 1.00% | | Assets Under Management | $6.3M | | NAV | $43.73 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Irregular | | 52-Week Range | $32.52 – $44.15 | | Beta | 1.18 | ## Latest Distribution - Amount: $0.2812 /share - Ex-date: 2024-12-02 - Pay date: 2024-12-02 ## Frequently Asked Questions ### What does SSETX invest in? The BNY Mellon Growth Fund Class I typically allocates a minimum of 80% of its total assets, including any borrowed funds for investment, to equity securities issued by smaller U.S. companies. The fund's management currently defines these small-capitalization firms as those with a total market value no greater than that of the largest constituent within its benchmark index, the Russell 2000® Growth Index. Furthermore, the fund's investment approach may lead it to concentrate holdings in particular sectors, such as technology, healthcare, business services, and communications. ### What is the expense ratio of SSETX? BNY Mellon Growth Fund Class I (SSETX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SSETX? BNY Mellon Growth Fund Class I (SSETX) manages $6.3M 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 SSETX actively managed or an index fund? SSETX 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 (SSETX's is 1.00%) because there's no security selection cost. ### When was SSETX launched? BNY Mellon Growth Fund Class I (SSETX) launched in December 1996 and is managed by BNY Mellon. ### How has SSETX performed? SSETX'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. ### Does SSETX pay a dividend? BNY Mellon Growth Fund Class I (SSETX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SSETX pay dividends? BNY Mellon Growth Fund Class I pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SSETX's dividend yield? SSETX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is SSETX's next ex-dividend date? The most recently announced ex-dividend date for SSETX was 2024-12-02. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will SSETX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SSETX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SSETX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SSETX cost more than a fund like VOO? SSETX is a passive index fund (current expense ratio 1.00%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SSETX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SSETX (1.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ssetx - Distribution history: https://www.dividenddata.com/funds/ssetx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ssetx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ssetx/expenses - Peer comparison: https://www.dividenddata.com/funds/ssetx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.