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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$13.23

$440 M

1.28%

$0.17

0.89%

Vitals

YTD Return

6.9%

1 yr return

19.1%

3 Yr Avg Return

4.4%

5 Yr Avg Return

8.0%

Net Assets

$440 M

Holdings in Top 10

45.0%

52 WEEK LOW AND HIGH

$13.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.89%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 17.71%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$13.23

$440 M

1.28%

$0.17

0.89%

MPBLX - Profile

Distributions

  • YTD Total Return 6.9%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 8.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.14%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon Asset Allocation Fund
  • Fund Family Name
    BNY Mellon Funds
  • Inception Date
    Oct 16, 2000
  • Shares Outstanding
    N/A
  • Share Class
    M
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Flahive

Fund Description

The fund may invest in both individual securities and other investment companies, including other series of BNY Mellon Funds Trust (the Trust), funds in the BNY Mellon Family of Funds and unaffiliated open-end funds, closed-end funds and exchange-traded funds (referred to below as the "underlying funds"), which in turn may invest directly in the asset classes described below. To pursue its goal, the fund currently intends to allocate its assets, directly and/or through investment in the underlying funds, to gain investment exposure to the following asset classes: Large Cap Equities, Small Cap and Mid Cap Equities, Developed International and Global Equities, Emerging Markets Equities, Investment Grade Bonds, High Yield Bonds, Emerging Markets Debt, Diversifying Strategies and Money Market Instruments.

BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser) allocates the fund's investments (directly and/or through investment in the underlying funds) among these asset classes using fundamental and quantitative analysis, and its outlook for the economy and financial markets. The underlying funds are selected by BNYM Investment Adviser based on their investment objectives and management policies, portfolio holdings, risk/reward profiles, historical performance, and other factors, including the correlation and covariance among the underlying funds. The fund may change the underlying funds – whether affiliated or unaffiliated – from time to time without notice to fund shareholders. The fund may invest directly in the equity securities of large-cap companies (generally those with total market capitalizations of $5 billion or more) and in fixed-income securities rated investment grade (i.e., Baa/BBB or higher) or, if unrated, deemed to be of comparable quality by BNYM Investment Adviser, at the time of purchase.

The fund is not required to maintain exposure to any particular asset class and BNYM Investment Adviser determines whether to invest in a particular asset class and whether to invest directly in securities or through an underlying fund, and sets the target allocations. The asset classes and the fund's targets and ranges (expressed as a percentage of the fund's investable assets) for allocating its assets among the asset classes, and the underlying funds selected by BNYM Investment Adviser (none of which currently are exchange-traded funds (ETFs) or closed-end funds) as fund investment options as of the date of this prospectus were as follows:

Asset Class

Target

Range

Large Cap EquitiesDirect InvestmentsBNY Mellon Income Stock FundBNY Mellon Appreciation Fund, Inc.BNY Mellon U.S. Equity FundBNY Mellon Research Growth Fund, Inc.BNY Mellon Dynamic Value Fund

24%

20% to 45%

Small Cap and Mid Cap EquitiesBNY Mellon Mid Cap Multi-Strategy FundBNY Mellon Small Cap Multi-Strategy FundBNY Mellon Select Managers Small Cap Value FundBNY Mellon Select Managers Small Cap Growth Fund

11%

5% to 20%

Developed International and Global EquitiesBNY Mellon International FundBNY Mellon International Equity FundBNY Mellon Global Stock FundBNY Mellon International Stock FundBNY Mellon Developed Markets Real Estate Securities Fund

12%

5% to 20%

Emerging Markets EquitiesBNY Mellon Emerging Markets Fund

5%

0% to 20%

Investment Grade BondsDirect InvestmentsBNY Mellon Short-Term U.S. Government Securities FundBNY Mellon Intermediate Bond FundBNY Mellon Corporate Bond FundUnaffiliated Investment Company

27%

20% to 55%

Asset Class

Target

Range

High Yield BondsBNY Mellon High Yield FundBNY Mellon Floating Rate Income Fund

3%

0% to 10%

Emerging Markets DebtUnaffiliated Investment Company

0%

0% to 10%

Diversifying StrategiesBNY Mellon Dynamic Total Return FundUnaffiliated Investment Companies

17%

0% to 20%

Money Market InstrumentsDirect Investments

1%

0% to 10%

The asset classes and the target weightings and ranges have been selected for investment over longer time periods based on BNYM Investment Adviser's expectation that the selected securities and underlying funds, in combination, will be appropriate to achieve the fund's investment objective. The target weightings will deviate over the short term because of market movements and fund cash flows. If appreciation or depreciation in the value of selected securities or an underlying fund's shares causes the percentage of the fund's assets invested in an asset class to fall outside the applicable investment range, BNYM Investment Adviser will consider whether to reallocate the fund's assets, but is not required to do so. BNYM Investment Adviser normally considers reallocating the fund's investments at least quarterly, but may do so more often in response to market conditions. Any changes to the asset classes, underlying funds or the allocation weightings may be implemented over a reasonable period of time. BNYM Investment Adviser has the discretion to change the asset classes, whether to invest directly in securities or through an underlying fund, and the target allocations and ranges, without shareholder approval or prior notice, when BNYM Investment Adviser deems it appropriate. To the extent an underlying fund offers multiple classes of shares, the fund will purchase shares of the class with the lowest expense ratio and without a sales load or distribution and/or service fee.

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MPBLX - Performance

Return Ranking - Trailing

Period MPBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -0.9% 26.1% 16.50%
1 Yr 19.1% -5.9% 45.8% 30.91%
3 Yr 4.4%* -5.8% 8.6% 33.62%
5 Yr 8.0%* -4.1% 15.9% 32.75%
10 Yr 6.8%* 0.7% 10.9% 36.58%

* Annualized

Return Ranking - Calendar

Period MPBLX Return Category Return Low Category Return High Rank in Category (%)
2023 12.2% -12.2% 23.9% 30.76%
2022 -24.5% -34.7% 2.8% 90.31%
2021 8.8% -11.9% 18.1% 26.84%
2020 10.4% -20.9% 39.7% 24.11%
2019 11.8% 0.8% 25.7% 73.29%

Total Return Ranking - Trailing

Period MPBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -0.9% 26.1% 16.50%
1 Yr 19.1% -5.9% 45.8% 30.91%
3 Yr 4.4%* -5.8% 8.6% 33.62%
5 Yr 8.0%* -4.1% 15.9% 32.75%
10 Yr 6.8%* 0.7% 10.9% 36.58%

* Annualized

Total Return Ranking - Calendar

Period MPBLX Return Category Return Low Category Return High Rank in Category (%)
2023 26.8% -12.2% 26.8% 0.14%
2022 -10.7% -29.0% 10.9% 17.38%
2021 16.9% -3.0% 24.2% 11.95%
2020 19.5% -19.5% 40.6% 6.34%
2019 27.0% 4.4% 32.7% 1.91%

NAV & Total Return History


MPBLX - Holdings

Concentration Analysis

MPBLX Category Low Category High MPBLX % Rank
Net Assets 440 M 733 K 195 B 66.53%
Number of Holdings 535 2 15716 23.02%
Net Assets in Top 10 193 M 618 K 62.8 B 62.69%
Weighting of Top 10 44.99% 11.4% 118.9% 55.48%

Top 10 Holdings

  1. BNY MELLON INTERMEDIATE BOND FUND 5.92%
  2. BNY MELLON RESEARCH GROWTH FUND INC. 5.86%
  3. BNY MELLON MID CAP MULTI-STRATEGY FUND 5.47%
  4. BNY MELLON INTERNATIONAL EQUITY FUND 5.35%
  5. BNY MELLON INCOME STOCK FUND 5.34%
  6. BNY MELLON EMERGING MARKETS FUND 4.52%
  7. BNY MELLON CORPORATE BOND FUND 4.34%
  8. BNY MELLON SHORT-TERM U.S. GOVERNMENT SECURITIES FUND 2.88%
  9. BNYM HIGH YIELD-I 2.74%
  10. APPLE INC 2.57%

Asset Allocation

Weighting Return Low Return High MPBLX % Rank
Stocks
87.12% 0.00% 103.09% 43.13%
Bonds
12.41% 0.00% 77.27% 49.93%
Convertible Bonds
0.82% 0.00% 23.84% 32.54%
Cash
0.28% -10.21% 100.00% 74.48%
Preferred Stocks
0.17% 0.00% 23.88% 14.42%
Other
0.00% -41.62% 117.44% 87.38%

Stock Sector Breakdown

Weighting Return Low Return High MPBLX % Rank
Technology
21.50% 0.00% 44.21% 34.73%
Healthcare
14.02% 0.00% 29.35% 45.94%
Financial Services
13.82% 0.00% 38.77% 65.13%
Industrials
10.72% 0.00% 24.37% 38.38%
Consumer Cyclical
9.79% 0.00% 19.36% 50.56%
Communication Services
6.97% 0.00% 38.10% 54.34%
Consumer Defense
6.20% 0.00% 15.14% 65.69%
Real Estate
6.17% 0.00% 65.01% 18.07%
Energy
5.15% 0.00% 85.65% 43.56%
Basic Materials
3.49% 0.00% 33.35% 68.35%
Utilities
2.17% 0.00% 99.55% 78.99%

Stock Geographic Breakdown

Weighting Return Low Return High MPBLX % Rank
US
87.12% 0.00% 103.09% 43.13%
Non US
0.00% 0.00% 38.68% 96.12%

Bond Sector Breakdown

Weighting Return Low Return High MPBLX % Rank
Corporate
43.03% 0.00% 98.21% 24.58%
Government
16.92% 0.00% 97.26% 71.09%
Securitized
10.78% 0.00% 92.13% 72.07%
Municipal
2.74% 0.00% 24.80% 6.01%
Cash & Equivalents
0.28% 0.00% 100.00% 68.10%
Derivative
0.00% -3.07% 46.02% 79.47%

Bond Geographic Breakdown

Weighting Return Low Return High MPBLX % Rank
US
12.41% 0.00% 77.27% 49.93%
Non US
0.00% 0.00% 14.17% 96.26%

MPBLX - Expenses

Operational Fees

MPBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.03% 17.63% 60.69%
Management Fee 0.35% 0.00% 1.83% 47.52%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.83% 78.53%

Sales Fees

MPBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MPBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MPBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.71% 0.00% 343.00% 18.52%

MPBLX - Distributions

Dividend Yield Analysis

MPBLX Category Low Category High MPBLX % Rank
Dividend Yield 1.28% 0.00% 15.61% 54.82%

Dividend Distribution Analysis

MPBLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Annual

Net Income Ratio Analysis

MPBLX Category Low Category High MPBLX % Rank
Net Income Ratio 1.14% -2.34% 19.41% 50.92%

Capital Gain Distribution Analysis

MPBLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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MPBLX - Fund Manager Analysis

Managers

John Flahive


Start Date

Tenure

Tenure Rank

Mar 31, 2006

16.18

16.2%

John F. Flahive, CFA, has been employed by Dreyfus since November 1994. He is a senior vice president of The Bank of New York Mellon, which he joined in October 1994.

Thomas Murphy


Start Date

Tenure

Tenure Rank

Dec 10, 2019

2.47

2.5%

Mr. Murphy has been employed by Dreyfus since June 2010. He is a managing director, Tax-Managed Equity, of The Bank of New York Mellon, which he joined in 1981.

Michael Mongelluzzo


Start Date

Tenure

Tenure Rank

Dec 10, 2019

2.47

2.5%

Mr. Mongelluzzo is a vice president and portfolio manager on the Tax-Managed Equity team at BNY Mellon. He has been employed by The Bank of New York Mellon since 2002; and by BNY Mellon Investment Adviser, Inc. since December 2019.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.33 2.41