Morningstar® Investment Profile™   Morningstar®
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BNY Mellon IP Technology Growth Init
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 213
Technology Funds
Morningstar®
Style Box™
What is this?
As of 2022-04-30
Total Fund Assets ($ Mil)
790.9
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks capital appreciation.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the stocks of growth companies of any size that the adviser believes to be leading producers or beneficiaries of technological innovation. Up to 25% of the fund's assets may be invested in foreign securities. In choosing stocks, the fund looks for technology companies with the potential for strong earnings or revenue growth rates.
  Morningstar Category: Technology
Technology portfolios buy high-tech businesses in the U.S. or outside of the U.S. Most concentrate on computer, semiconductor, software, networking, and Internet stocks. A few also buy medical-device and biotechnology stocks, and some concentrate on a single technology industry. 
  Investment Risks
Sector Funds: Funds that invest exclusively in one sector or industry involve risks due to the lack of industry diversification and expose the investor to increased industry-specific risks.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 81.6
Bullet Non-U.S. Stocks Non-U.S. Stocks 8.3
Bullet Bonds Bonds 0.0
Bullet Cash Cash 9.6
Bullet Other Other 0.4
Asset Allocation Rescaled Graph
Data through 2022-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 20.43
Basic Materials 0.00
Consumer Cyclical 15.05
Financial Services 5.38
Real Estate 0.00
Sensitive 79.58
Communication Services 11.32
Energy 0.00
Industrials 0.00
Technology 68.26
Defensive 0.00
Consumer Defensive 0.00
Healthcare 0.00
Utilities 0.00
Data through 2022-04-30
Holding Status
Total Number of Stock Holdings 35
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 51.68
Turnover % (as of 2021-12-31) 38.70
30 Day SEC Yield % 0.00
Top Holdings
Sector P/E % of Net
Assets
Dreyfus Instl Preferred Gov Plus MMkt --- --- 9.63
Microsoft Corp 28.38 6.00
Alphabet Inc Class C 20.63 5.63
Qualcomm Inc 14.67 5.28
Taiwan Semiconductor Manufacturing Co Ltd ADR --- 4.60
ServiceNow Inc 428.87 4.39
Tesla Inc 102.88 4.31
Booking Holdings Inc 180.79 3.98
Amazon.com Inc 57.99 3.95
Applied Materials Inc 15.68 3.91
Data through 2022-04-30
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Market/Market Volatility, Depositary Receipts, Equity Securities, Restricted/Illiquid Securities, Management, Small Cap, Mid-Cap, Technology Sector
Show Risk Definitions
  Other Information
Inception Date: 1999-08-31
Portfolio Manager(s)
Robert C. Zeuthen   (2022-03-09)
Rob is a member of Newton’s equity research team and is a senior portfolio manager on the small mid cap equity team and the lead portfolio manager for the Mobility Innovation strategy. In addition to portfolio management duties, he is responsible for research coverage of the information technology sector. Rob joined Newton in September 2021, following the integration of Mellon Investments Corporation’s equity and multi-asset capabilities into the Newton Investment Management Group. Before joining Newton, Rob was a senior portfolio manager at Mellon Investments Corporation and The Boston Company Asset Management (both BNY Mellon group companies). Prior to joining BNY Mellon, Rob worked at Bricoleur Capital leading technology investing for its long/short hedge fund. Rob began his career at Prudential and its subsidiary Jennison Associates, where he helped launch a US small-cap fund and served as an analyst and portfolio manager for global small-cap equities. Rob has a BS with honors in Finance from Boston College. He holds the CFA designation and is a member of the CFA Institute.
James M. Boyd   (2022-03-09)
Jim is a member of Newton’s equity research team, primarily responsible for covering secular growth companies with an emphasis on the fintech, payments and software industries. Jim joined Newton in September 2021, following the integration of Mellon Investments Corporation’s equity and multi-asset capabilities into the Newton Investment Management Group. Before joining Newton, Jim was a senior portfolio manager of the Small and Mid-cap Opportunistic strategies at Mellon Investments Corporation and The Boston Company Asset Management (both BNY Mellon group companies). During his time at Mellon, Jim served as the team’s financial services, real estate, and business services analyst. Before joining BNY Mellon, Jim was a senior equity research analyst at State Street Global Advisors. Earlier in his career, Jim was an assistant portfolio manager and a senior research analyst at Harbor Capital Management. Jim started his career at John Hancock Advisors, where he received three years of detailed, income statement and balance-sheet analysis training from a former FDIC bank examiner. Jim has a BA in Economics and History from Colgate University, where he graduated magna cum laude, and a master’s degree in Finance from Boston College. He received his CFA designation in 1999 and is a member of the CFA Institute.
Investment Advisor(s)
BNY Mellon Investment Funds VII, Inc.
Issuer
BNY Mellon
Subadvisor(s)
Newton Investment Management North America, LLC
Show Data Definitions

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