BNY Mellon Research Growth Fund, Inc. Class A (DWOAX)
| Fund Assets | 1.56B |
| Expense Ratio | 1.03% |
| Min. Investment | $1,000 |
| Turnover | 27.94% |
| Dividend (ttm) | 1.81 |
| Dividend Yield | 8.62% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 24, 2025 |
| Previous Close | 19.82 |
| YTD Return | -0.45% |
| 1-Year Return | 4.82% |
| 5-Year Return | 75.62% |
| 52-Week Low | 15.33 |
| 52-Week High | 21.55 |
| Beta (5Y) | n/a |
| Holdings | 55 |
| Inception Date | Feb 4, 1972 |
About DWOAX
BNY Mellon Research Growth Fund, Inc. Class A is an actively managed mutual fund focused on achieving long-term capital growth while maintaining a strong commitment to the preservation of capital. Current income is considered a secondary objective. The fund primarily invests at least 80% of its assets in equity securities issued by U.S. companies, but it also has the flexibility to allocate up to 25% of its assets to foreign securities, broadening its global exposure. The portfolio typically includes common stocks, preferred stocks, and convertible securities, with occasional participation in initial public offerings. Employing a rigorous bottom-up investment approach, the fund's management team emphasizes companies with leading positions in their respective industries and seeks out catalysts for potential price appreciation, such as corporate restructurings or management changes. Diversification and stock selection are driven by detailed fundamental analysis, with a preference toward growth-oriented companies. Established in 1972 and managed by BNY Mellon's asset management division, this fund is recognized in the large growth category and serves investors seeking a disciplined, research-driven strategy for long-term portfolio appreciation.
Performance
DWOAX had a total return of 4.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.97%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| LGILX | Schwab | Schwab Select Large Cap Growth Fund | 0.75% |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
Top 10 Holdings
57.82% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 13.57% |
| Microsoft Corporation | MSFT | 9.15% |
| Amazon.com, Inc. | AMZN | 8.44% |
| Alphabet Inc. | GOOG | 8.28% |
| Apple Inc. | AAPL | 8.02% |
| Broadcom Inc. | AVGO | 2.54% |
| Netflix, Inc. | NFLX | 2.39% |
| Mastercard Incorporated | MA | 2.17% |
| Intuitive Surgical, Inc. | ISRG | 1.65% |
| CoStar Group, Inc. | CSGP | 1.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $1.0534 | Jun 24, 2025 |
| Dec 6, 2024 | $0.7599 | Dec 6, 2024 |
| Dec 6, 2023 | $0.1672 | Dec 6, 2023 |
| Jun 22, 2023 | $0.4401 | Jun 22, 2023 |
| Dec 6, 2022 | $0.1579 | Dec 6, 2022 |
| Jun 22, 2022 | $1.8014 | Jun 22, 2022 |