Morningstar® Investment Profile™   Morningstar®
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BNY Mellon IP MidCap Stock Init
Release date as of 2024-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-04-30
Out of 394
Mid-Cap Blend Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
149.19
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks investment results that are greater than the total return performance of publicly traded common stocks of medium-size domestic companies in the aggregate, as represented by the Standard & Poor's MidCap 400® Index (S&P 400 Index).
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in stocks of mid-cap companies. It invests in growth and value stocks, which are chosen through a disciplined investment process that combines computer modeling techniques, fundamental analysis and risk management.
  Morningstar Category: Mid-Cap Blend
The typical mid-cap blend portfolio invests in U.S. stocks of various sizes and styles, giving it a middle-of the-road profile. Most shy away from high-priced growth stocks but aren't so price-conscious that they land in value territory. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate. 
  Investment Risks
Mid Cap Funds: The securities of companies with market capitalizations below $10 billion may be more volatile and less liquid than the securities of larger companies.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 98.8
Bullet Non-U.S. Stocks Non-U.S. Stocks 1.0
Bullet Bonds Bonds 0.0
Bullet Cash Cash 0.1
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 43.45
Basic Materials 6.70
Consumer Cyclical 14.68
Financial Services 14.68
Real Estate 7.39
Sensitive 37.34
Communication Services 2.32
Energy 5.88
Industrials 18.91
Technology 10.23
Defensive 19.20
Consumer Defensive 6.41
Healthcare 8.82
Utilities 3.97
Data through 2024-03-31
Holding Status
Total Number of Stock Holdings 290
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 13.33
Turnover % (as of 2023-12-31) 66.09
30 Day SEC Yield % 0.00
Top Holdings
Sector P/E % of Net
Assets
EMCOR Group Inc 23.56 2.27
RenaissanceRe Holdings Ltd 4.74 1.62
Wintrust Financial Corp 9.99 1.46
Eagle Materials Inc 17.68 1.39
Lincoln Electric Holdings Inc 23.30 1.24
Deckers Outdoor Corp 29.58 1.14
ITT Inc 26.02 1.12
TopBuild Corp 20.93 1.06
Brixmor Property Group Inc --- 1.04
Fortune Brands Innovations Inc 22.42 0.99
Data through 2024-03-31
  Principal Risks   
Loss of Money, Not FDIC Insured, Growth Investing, Value Investing, Market/Market Volatility, Equity Securities, Management, Mid-Cap
Show Risk Definitions
  Other Information
Inception Date: 1998-05-01
Portfolio Manager(s)
Peter D. Goslin   (2017-03-09)
Peter is a member of Newton’s equity income team. Peter oversees multi-factor equity portfolio management and is responsible for the portfolio management and implementation of systematic equity investment strategies. Peter collaborates with quantitative and fundamental equity researchers to evolve the systematic investment processes and set the research agenda. Peter 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, Peter was a senior portfolio manager and trader at Mellon Investments Corporation, Mellon Capital and Mellon Equity Associates (all BNY Mellon group companies). Prior to joining BNY Mellon, Peter worked as a proprietary derivatives trader and NASDAQ market maker for Merrill Lynch in New York. Previously, he ran Merrill’s equity index option desk at the Chicago Mercantile Exchange. Peter has a BS in Finance and Computer Science from St. Vincent College and an MBA in Finance from the University of Notre Dame. He received his CFA designation in 2000 and is a member of the CFA Institute and the CFA Society Pittsburgh.
Investment Advisor(s)
BNY Mellon Investment Adviser, Inc
Issuer
BNY Mellon
Subadvisor(s)
Newton Investment Management North America, LLC
Show Data Definitions

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