Fund Evaluator:
BNY Mellon Sm/Md Cp Gr Y (DBMYX)
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Best Performing in Mid-Cap Growth Over the Last Year
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Fund Details
BNY Mellon Sm/Md Cp Gr Y Overview
BNY Mellon Sm/Md Cp Gr Y (DBMYX) is an actively managed U.S. Equity Mid-Cap Growth fund. BNY Mellon launched the fund in 2013.
The investment seeks long-term growth of capital. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of small-cap and mid-cap U.S. companies. The adviser considers small-cap and mid-cap companies to be those companies with total market capitalizations that are equal to or less than the total market capitalization of the largest company included in the Russell 2500TM Growth Index.
About BNY Mellon Sm/Md Cp Gr Y (DBMYX)
There are 2 members of the management team with an average tenure of 3.17 years: Monty Kori (2025), Karen Miki Behr (2021). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 2500 Growth TR USD index with a weighting of 100%. BNY Mellon Sm/Md Cp Gr Y has 75 securities in its portfolio. The top 10 holdings constitute 29.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
BNY Mellon Sm/Md Cp Gr Y is part of the Equity global asset class and is within the U.S. Equity fund group. BNY Mellon Sm/Md Cp Gr Y has 1.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 95.9%. There is 1.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). BNY Mellon Sm/Md Cp Gr Y has 1.7% of the portfolio in cash.
Assets Under Management
The fund has $33 million in total assets, which is below the $658 million average for the Mid-Cap Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DBMYX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The BNY Mellon Sm/Md Cp Gr Y expense ratio is above average compared to funds in the Mid-Cap Growth category. BNY Mellon Sm/Md Cp Gr Y has an expense ratio of 0.69%, which is 37% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. BNY Mellon Sm/Md Cp Gr Y has a portfolio turnover rate of 131%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Mid-Cap Growth category.
Recently, in the month of July 2026, BNY Mellon Sm/Md Cp Gr Y returned -8.8%, which earned it a grade of F, as the Mid-Cap Growth category had an average return of -5.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
BNY Mellon Sm/Md Cp Gr Y has a trailing yield of 0.00%, which is below the 0.03% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
BNY Mellon Sm/Md Cp Gr Y Grades
Year to date, the fund has returned 7.2%, 1.5 percentage points better than the category, which translates into a grade of B. The fund has returned 13.3% over the past year (grade of A), 9.9% over the past three years (grade of C) and -0.8% per year over the past five years (grade of F) and 11.1% per year over the past 10 years (grade of B).
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DBMYX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DBMYX Return (NAV) | -8.8% | 1.9% | 13.3% | 9.9% | -0.8% | 11.1% |
| DBMYX Grade | F | C | A | C | F | B |
| +/- Category | -3.2% | -0.2% | 7.9% | -0.6% | -3.2% | 0.2% |
| Mid-Cap Growth Avg | -5.5% | 2.1% | 5.5% | 10.5% | 2.5% | 10.9% |
| DBMYX Tax Cost Ratio | na | na | 8.8% | 3.0% | 2.3% | 1.8% |
DBMYX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DBMYX Return (NAV) | 7.2% | 11.6% | 9.9% | 15.6% | -33.1% | -4.1% | 68.6% | 39.3% | -1.5% | 26.6% | 11.0% |
| DBMYX Grade | B | B | F | F | D | F | A | A | A | B | A |
| +/- Category | 1.5% | 5.5% | -7.5% | -5.1% | -5.0% | -16.4% | 28.1% | 5.3% | 3.2% | 1.3% | 5.6% |
| Mid-Cap Growth Avg | 5.7% | 6.1% | 17.3% | 20.8% | -28.1% | 12.3% | 40.4% | 33.9% | -4.6% | 25.3% | 5.3% |
| Risk Measures | |
| Standard Deviation: | 22.3% |
| Total Risk Index: | 1.82 - High |
| Category Risk Index: | 1.17 - High |
| Category Risk Grade: | F (95% Rank) |
| Beta: | 1.36 |
| R-Squared: | 63% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $778 Mil |
| Fund Total Assets: | $ 34 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 131% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.9 years | |||
| Average Tenure: 3.2 years | |||
| Managers (Year): Behr Karen Miki (2021), Kori Monty (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 75 |
| % in Top 10 Holdings: | 29.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.2% |
Portfolio Allocation |
|
| Domestic Stock: | 95.9% |
| Foreign Stock: | 1.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.2% |
| Cash: | 1.7% |
Purchase Information
| Fund Family: | BNY Mellon |
| Phone Number: | 800-373-9387 |
| Website: | https://im.bnymellon.com |
| Status: | Open |
| Inception Date: | July 1, 2013 |
| Min. Initial Purchase: | $1,000,000 |
| Min. Initial IRA Purchase: | $ 750 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.69% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 1.09% |
| Share Class: | BNY Mellon Sm/Md Cp Gr I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
