BNY Mellon Technology Growth Fund (DTEYX)
| Fund Assets | 424.64M |
| Expense Ratio | 1.03% |
| Min. Investment | $1,000,000 |
| Turnover | 21.29% |
| Dividend (ttm) | 2.75 |
| Dividend Yield | 2.97% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 4, 2024 |
| Previous Close | 92.86 |
| YTD Return | 21.04% |
| 1-Year Return | 31.92% |
| 5-Year Return | 73.45% |
| 52-Week Low | 60.11 |
| 52-Week High | 93.83 |
| Beta (5Y) | n/a |
| Holdings | 39 |
| Inception Date | Sep 30, 2016 |
About DTEYX
BNY Mellon Technology Growth Fund Class Y is a mutual fund dedicated to capital appreciation by investing primarily in growth-oriented technology companies. The fund targets at least 80% of its net assets, plus any borrowings, in the stocks of firms considered leaders or key beneficiaries of technological innovation. Its portfolio features companies of all sizes, spanning established giants to emerging players within the technology sector, both in the United States and internationally, with up to 25% allocated to foreign securities. The investment strategy emphasizes firms that exhibit robust earnings momentum, favorable growth prospects, and positive market cycles. The management team employs a multi-dimensional approach, seeking opportunities across emerging, cyclical, or stable growth companies, and routinely reviews holdings for potential replacements or signs of weakening fundamentals. By focusing on innovators within technology—including hardware, software, internet services, and related industries—the fund plays a significant role in providing investors exposure to sectors driving global economic change and digital transformation.
Performance
DTEYX had a total return of 31.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.34%.
Top 10 Holdings
53.23% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.86% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 7.60% |
| Microsoft Corporation | MSFT | 5.61% |
| Oracle Corporation | ORCL | 5.40% |
| Meta Platforms, Inc. | META | 4.95% |
| Intuit Inc. | INTU | 4.85% |
| Amazon.com, Inc. | AMZN | 4.81% |
| Netflix, Inc. | NFLX | 4.44% |
| Micron Technology, Inc. | MU | 4.16% |
| ServiceNow, Inc. | NOW | 3.55% |
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 |