DPSAX — BNY Mellon Structured Midcap Fund
Data updated: 2021-11-04
DPSAX — BNY Mellon Structured Midcap Fund. United States Mid Cap Value Equity · $112.44M AUM. Holdings, fees, performance and SEC filings.
DPSAX Fund Overview
DPSAX — BNY Mellon Structured Midcap Fund is a US mutual fund managed by BNY Mellon Advantage Funds, Inc., categorised as United States Mid Cap Value Equity. 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 Advantage Funds, Inc.
- Category: United States Mid Cap Value Equity
- Assets under management: $112.44M
- 1-year return: 45.5%
- Ticker: DPSAX
- SEC CIK: 0000914775
- SEC series ID: S000000499
- Share class ID: C000001363
DPSAX Investment Objective and Strategy
BNY Mellon Structured Midcap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BNY Mellon Advantage Funds, Inc..
Investment objective
The fund seeks long-term capital growth.
Principal investment strategy
"To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of companies included in the Standard & Poors (S&P) Midcap 400 Index or the Russell Midcap Index. The fund's portfolio managers select stocks through a ""bottom-up,"" structured approach that seeks to identify undervalued securities using a quantitative screening process. This process is driven by a proprietary quantitative model that measures a diverse set of characteristics of stocks to identify and rank stocks based on relative value, momentum/sentiment, and earnings quality measures. Next, the fund's portfolio managers construct the portfolio through a risk controlled process, focusing on stock selection as opposed to making proactive decisions as to industry and sector exposure.
The fund seeks to maintain a portfolio that has exposure to industries and market capitalizations that are generally similar to those of the S&P Midcap 400 Index. Finally, within each sector and style subset, the fund will seek to overweight the most attractive stocks and underweight or not hold the stocks that have been ranked least attractive."
DPSAX Performance
Total returns for DPSAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 45.5% |
| 3 years (annualised) | 20.0% |
DPSAX Risk Information
Risk metrics for DPSAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.3%
DPSAX Costs and Fees
DPSAX costs about $115 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.15%
- Gross expense ratio: 1.55%
- Portfolio turnover: 85%
- Brokerage commissions: 5.78 bps of average net assets (SEC N-CEN)
DPSAX Cashflows
Over the 12 months to 2021-08, BNY Mellon Structured Midcap Fund had net outflows of $23.04M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-08 | −$1.21M |
| 2021-07 | −$2.28M |
| 2021-06 | −$1.39M |
| 2021-05 | −$765.83K |
| 2021-04 | −$1.72M |
| 2021-03 | −$2.04M |
DPSAX Debt Constituents
No individual debt constituents are reported in BNY Mellon Structured Midcap Fund's latest SEC N-PORT filing.
DPSAX Prospectus and SEC Filings
Official BNY Mellon Structured Midcap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-12-28
- Prospectus (485BPOS) — filed 2020-01-10
- Prospectus supplement (497) — filed 2020-03-12
- Portfolio holdings (N-PORT) — filed 2021-10-27
- Portfolio holdings (N-PORT) — filed 2021-07-28
- Portfolio holdings (N-PORT) — filed 2021-04-26
- Annual census (N-CEN) — filed 2021-11-04
- Annual census (N-CEN) — filed 2020-11-05
Related Funds
Other United States Mid Cap Value Equity 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.