BNY Mellon Technology Growth Fund Class I (DGVRX)
| Fund Assets | 380.21M |
| Expense Ratio | 1.03% |
| Min. Investment | $1,000 |
| Turnover | 21.29% |
| Dividend (ttm) | 2.75 |
| Dividend Yield | 3.25% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 4, 2024 |
| Previous Close | 84.73 |
| YTD Return | 13.56% |
| 1-Year Return | 16.83% |
| 5-Year Return | 83.95% |
| 52-Week Low | 59.49 |
| 52-Week High | 86.02 |
| Beta (5Y) | n/a |
| Holdings | 41 |
| Inception Date | Apr 15, 1999 |
About DGVRX
BNY Mellon Technology Growth Fund Class I is a mutual fund focused on capital appreciation by investing primarily in technology-related companies. The fund typically allocates at least 80% of its net assets to growth-oriented stocks, seeking out firms of any size that demonstrate leadership or significant benefit from technological innovation. Managed since its inception in 1997, the fund selects equities based on factors such as earnings momentum, positive earnings revisions, and favorable market dynamics. Its portfolio is concentrated, with a significant portion invested in its top holdings, reflecting a focused approach to capturing sector growth. The fund’s holdings span technology, communication services, and select consumer cyclical sectors, providing broad exposure to key drivers of the modern economy. With a minimum initial investment requirement and annual distribution of dividends, it primarily serves institutional investors seeking to participate in the dynamic technology sector through an actively managed strategy.
Performance
DGVRX had a total return of 16.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.02%.
Top 10 Holdings
49.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 6.60% |
| NVIDIA Corporation | NVDA | 5.81% |
| Netflix, Inc. | NFLX | 5.76% |
| Microsoft Corporation | MSFT | 5.02% |
| Intuit Inc. | INTU | 4.68% |
| Amazon.com, Inc. | AMZN | 4.57% |
| Shopify Inc. | SHOP | 4.37% |
| ServiceNow, Inc. | NOW | 4.34% |
| Alphabet Inc. | GOOG | 4.29% |
| Meta Platforms, Inc. | META | 4.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 4, 2024 | $2.7527 | Dec 4, 2024 |
| Dec 8, 2021 | $12.8795 | Dec 8, 2021 |
| Dec 8, 2020 | $3.6766 | Dec 8, 2020 |
| Dec 10, 2019 | $6.8131 | Dec 10, 2019 |
| Dec 11, 2018 | $11.2834 | Dec 11, 2018 |
| Dec 12, 2017 | $4.854 | Dec 12, 2017 |