DIOYX — BNY Mellon Insight Broad Opportunities Fund

Data updated: 2020-09-25

DIOYX — BNY Mellon Insight Broad Opportunities Fund. Money Market · $2.71M AUM · 1.04% expense ratio. Holdings, fees, performance and SEC filings.

DIOYX Fund Overview

DIOYX — BNY Mellon Insight Broad Opportunities Fund is a US mutual fund managed by BNY Mellon Absolute Insight Funds, Inc., categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: BNY Mellon Absolute Insight Funds, Inc.
Category: Money Market
Assets under management: $2.71M
1-year return: -8.0%
Ticker: DIOYX
SEC CIK: 0001635295
SEC series ID: S000059045
Share class ID: C000193656

DIOYX Investment Objective and Strategy

BNY Mellon Insight Broad Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BNY Mellon Absolute Insight Funds, Inc..

Investment objective

The fund seeks total return (consisting of capital appreciation and income).

Principal investment strategy

"To pursue its goal, the fund normally allocates its assets among a broad range of asset classes, including equities, fixed income, currencies, real estate, listed infrastructure and commodities, in developed and emerging markets. The fund will seek to gain exposure to various asset classes, including real estate, listed infrastructure and commodities, through direct investments in securities or derivative instruments and by investing in other investment companies (underlying funds), including exchange-traded funds (ETFs). The fund's sub-adviser, Pareto Investment Management Limited, a wholly-owned subsidiary of Insight Investment Management Limited and an affiliate of The Dreyfus Corporation (Dreyfus), generally invests the fund's assets according to its view of macroeconomic themes, using the following investment strategies: Directional Strategies: For example, the sub-adviser may take the view that a particular U.S.

equity market (e.g., large-cap stocks) will increase in value over the near term and, accordingly, may allocate fund assets by taking a long position in a U.S. large-cap equity market index future, or otherwise seek to identify large-cap stock investment opportunities. Relative Value Strategies: For example, the sub-adviser may take the view that large-cap companies will have positive performance and small-cap companies will have negative performance over the near term and, accordingly, may allocate fund assets by taking a long position in a U.S. large-cap equity market index future and a short position in a small-cap equity market index future, or otherwise seek to identify long/short investment opportunities. Non-linear Strategies: For example, the sub-adviser may take a view on market volatility and, accordingly, may allocate fund assets to exchange-traded or over-the-counter options that seek to capture range bound or breakout scenarios in market values (i.e., identifying price trends that indicate upper and lower price boundaries over a given time period and trading to take advantage when the stock ""breaks out"" of the boundary), or otherwise seek to identify opportunities to take advantage of volatility using derivative instruments.

The fund's sub-adviser dynamically adjusts the allocation of the fund's investments in seeking to opportunistically take advantage of investment strategies that are particularly attractive at the time of implementation, while limiting downside risk and volatility over a market cycle (typically five years). The fund's sub-adviser has considerable latitude in allocating the fund's investments among a broad range of asset classes. The composition of the fund's investment portfolio will vary over time, based on the allocation to the investment strategies and the fund's exposure to the various asset classes. The fund may invest directly, through derivative instruments or through an underlying fund in the securities of U.S. and foreign issuers, including securities of issuers in developed and emerging market countries and securities denominated in a currency other than the U.S.

dollar, securities of issuers of any market capitalization, and securities of any credit quality (including ""investment grade,"" ""high yield"" or ""junk"" bonds), maturity or duration. The fund may hold a significant portion of its assets in U.S. government securities, high quality debt securities, money market instruments, cash and other cash equivalents to collateralize its derivatives positions, pending investment or allocation to an asset class, to manage purchase and redemption activity, or for defensive purposes. The fund considers emerging market countries to be those countries defined as having an emerging or developing economy by the World Bank or its related organizations, or the United Nations or its authorities. The fund considers securities issued by companies organized or with their principal place of business, or majority of assets or business, in emerging market countries to be emerging market issuers.

There is no minimum or maximum investment amount that the fund may invest in any particular country or region. The fund is not managed to a benchmark index, nor will the fund's portfolio have the same characteristics as its designated broad-based securities market index the Citi 1-Month Treasury Bill Index. Although the fund is not managed to a benchmark index, the fund will seek to provide a minimum average annual total return of USD 1-Month LIBOR plus 4.5%, before fees and expenses, over a five-year period. In seeking to achieve this target return, the fund's sub-adviser selects investment strategies and asset classes based on its view of macroeconomic themes at the time of investment. There is no assurance, however, that the fund will be able to provide such returns or positive returns, and an investor may lose money by investing in the fund.

The fund will use a significant degree of derivative instruments, to the extent permitted under the Investment Company Act of 1940, as amended, as a substitute for investing directly in an underlying asset, as an alternative to selling a security short, to increase returns, to manage foreign currency, credit or interest rate risk, to manage effective maturity or duration, as part of a hedging strategy, or for other purposes related to the management of the fund. These instruments may include principally options, futures and options on futures (including those relating to securities, foreign currencies, indices and interest rates), forward contracts (including foreign currency forward contracts), swaps (including total return, equity, currency, interest rate and credit default swaps), options on swaps, contracts for difference, and other derivative instruments (including commodity-linked instruments, such as structured notes).

When the fund enters into derivatives transactions, it may be required to segregate liquid assets or enter into offsetting positions, in accordance with applicable regulations. The fund expects to maintain significant short positions, principally through investments in derivative instruments such as futures, options, forward contracts, swap agreements and contracts for difference on market indices, currencies, sectors and individual securities. When taking short positions with respect to securities through investments in derivative instruments, the sub-adviser generally is expecting the value of the securities subject to the short to fall during the period of the fund's investment exposure. However, the fund will incur a loss on a short position in respect of a security if the price of the security subject to the short increases between the date the fund establishes the short position and the date the fund closes out the short position.

When taking a short position, the fund's potential loss is the maximum attainable price of the security less the price at which the fund's position in the security was established. The fund does not have any limitations regarding portfolio turnover. The fund may engage in short-term trading to try to achieve its objective and may have portfolio turnover rates in excess of 100%. A portfolio turnover of 100% is equivalent to the fund buying and selling all of the securities in its portfolio once during the course of a year."

DIOYX Performance

Total returns for DIOYX (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	-8.0%

DIOYX Risk Information

Risk metrics for DIOYX, derived from monthly returns in SEC filings.

1-year volatility (annualised): 8.5%

DIOYX Costs and Fees

DIOYX costs about $104 per $10,000 invested per year in fund expenses.

Net expense ratio: 1.04%
Gross expense ratio: 1.56%
Portfolio turnover: 52%
Brokerage commissions: 1.46 bps of average net assets (SEC N-CEN)

DIOYX Cashflows

Over the 12 months to 2020-07, BNY Mellon Insight Broad Opportunities Fund had net outflows of $24.79M, from monthly SEC N-PORT filings.

Month	Net flow
2020-07	$0
2020-06	−$24.79M
2020-05	$0
2020-04	$0
2020-03	−$1.28K
2020-02	$0

DIOYX Debt Constituents

No individual debt constituents are reported in BNY Mellon Insight Broad Opportunities Fund's latest SEC N-PORT filing.

DIOYX Prospectus and SEC Filings

Official BNY Mellon Insight Broad Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Money Market funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.