BNY Mellon Technology Growth Fund (DTGRX)
| Fund Assets | 424.64M |
| Expense Ratio | 1.22% |
| Min. Investment | $1,000 |
| Turnover | 21.29% |
| Dividend (ttm) | 2.75 |
| Dividend Yield | 3.50% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 4, 2024 |
| Previous Close | 74.07 |
| YTD Return | 20.77% |
| 1-Year Return | 33.09% |
| 5-Year Return | 75.02% |
| 52-Week Low | 48.13 |
| 52-Week High | 74.26 |
| Beta (5Y) | 1.26 |
| Holdings | 39 |
| Inception Date | Oct 13, 1997 |
About DTGRX
BNY Mellon Technology Growth Fund Class A is an actively managed mutual fund focused on achieving capital appreciation by investing primarily in technology-related companies. The fund typically allocates at least 80% of its net assets to equities within the technology sector, targeting firms that are positioned for above-average growth. With a portfolio concentrated in large-cap technology leaders, it holds a select group of approximately 41 stocks, and nearly half of its assets are invested in its top 10 holdings, which include prominent names such as NVIDIA, Microsoft, and Amazon.com. This fund employs a large growth investment style, reflecting its emphasis on established companies with strong growth potential. Beyond pure technology, the fund also incorporates firms from sectors like communication services and consumer cyclicals that are closely tied to technological innovation. With its targeted exposure to transformative industries, the BNY Mellon Technology Growth Fund Class A plays a significant role for investors seeking focused access to the technology-driven growth segment of the equity market.
Performance
DTGRX had a total return of 33.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.69%.
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 |