DMECX Performance — BNY Mellon Select Managers Small Cap Value Fund, Class C
Data updated: 2024-07-24
DMECX returned +19.32% over one year to May 2024. The annualised 3-year return is −0.90%. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $97, against $108 for the category, and to $119 over one year, against $118. Volatility over the past three years was 20.03% a year. In the 12 months to May 2024 the fund lost a net $168.0M, and assets reached $95.24M.
DMECX Growth of $100
What $100 invested in BNY Mellon Select Managers Small Cap Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | DMECX | Category average |
|---|---|---|
| 1 year (Jun 2023 – May 2024) | $119 | $118 |
| 3 years (Jun 2021 – May 2024) | $97 | $108 |
| Since data start (Sep 2019 – May 2024) | $151 | $128 |
DMECX Trailing Returns
Total returns to May 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +19.32% |
| 3 years (annualised) | −0.90% |
DMECX Annual Returns
Calendar-year total returns of BNY Mellon Select Managers Small Cap Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–May) | +2.22% |
| 2023 | +13.82% |
| 2022 | −17.25% |
| 2021 | +21.98% |
| 2020 | +16.19% |
| 2019 (Sep–Dec) | +10.56% |
DMECX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −3.1% | +4.4% | +4.3% | −6.4% | +3.4% | — | — | — | — | — | — | — |
| 2023 | +9.2% | −1.5% | −5.1% | −2.5% | −2.1% | +8.6% | +5.0% | −2.9% | −4.9% | −5.8% | +6.6% | +10.4% |
| 2022 | −6.2% | +1.5% | −0.3% | −8.5% | +2.0% | −9.7% | +8.3% | −3.7% | −9.6% | +11.7% | +3.4% | −5.1% |
| 2021 | +2.6% | +9.8% | +2.4% | +3.2% | +1.3% | −0.9% | −1.7% | +1.3% | −2.8% | +4.2% | −3.6% | +5.0% |
| 2020 | −3.3% | −8.6% | −20.0% | +12.5% | +6.8% | +2.5% | +3.9% | +2.9% | −4.8% | +3.2% | +17.6% | +8.1% |
| 2019 | — | — | — | — | — | — | — | — | +2.2% | +2.0% | +3.3% | +2.7% |
DMECX Risk
Risk measures from monthly returns over Jun 2021 – May 2024.
- 3-year volatility (annualised): 20.03%
- 3-year Sharpe ratio: -0.27 (vs 4.5% risk-free rate)
- Best month: +11.70% (Oct 2022)
- Worst month: −9.67% (Jun 2022)
DMECX Fund Flows
Monthly money in and out of BNY Mellon Select Managers Small Cap Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$168.0M
- 12-month gross sales (incl. reinvestments): $17.8M
- Sales ÷ redemptions: 0.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2024 | $202K | $42.8M | −$42.6M |
| Apr 2024 | $569K | $10.6M | −$10.0M |
| Mar 2024 | $2.0M | $9.8M | −$7.7M |
| Feb 2024 | $580K | $14.3M | −$13.8M |
| Jan 2024 | $789K | $20.8M | −$20.0M |
| Dec 2023 | $8.1M | $23.7M | −$15.6M |
| Nov 2023 | $218K | $23.5M | −$23.3M |
| Oct 2023 | $889K | $10.6M | −$9.7M |
| Sep 2023 | $1.1M | $5.3M | −$4.2M |
| Aug 2023 | $784K | $9.5M | −$8.7M |
| Jul 2023 | $543K | $7.0M | −$6.4M |
| Jun 2023 | $2.0M | $7.9M | −$5.9M |
DMECX Assets Under Management
Net assets of BNY Mellon Select Managers Small Cap Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-05-31 | $95.24M |
| 2024-02-29 | $156.75M |
| 2023-11-30 | $199.10M |
| 2023-08-31 | $247.73M |
| 2023-05-31 | $242.47M |
| 2023-02-28 | $313.31M |
| 2022-11-30 | $353.00M |
| 2022-08-31 | $382.07M |
| 2022-05-31 | $467.42M |
| 2022-02-28 | $575.93M |
| 2021-11-30 | $623.82M |
| 2021-08-31 | $644.59M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.