About MIBLX
BNY Mellon Asset Allocation Fund Investor Shares is a balanced mutual fund designed to deliver both long-term growth of principal and current income. The fund employs a diversified investment strategy, allocating assets across domestic and international equities, investment-grade and high-yield bonds, as well as money market instruments. It utilizes a combination of direct security purchases and investments in other funds, including affiliated BNY Mellon funds and select external funds, providing exposure to major economic sectors and geographic regions. The adviser actively adjusts allocations using fundamental and quantitative analysis based on the outlook for markets and the economy. Significant holdings include technology leaders like NVIDIA, Microsoft, and Apple, alongside a wide array of fixed-income and equity funds. With over 500 holdings and an inception date in 2001, the fund targets moderate risk and maintains a monthly dividend payout, making it suitable for investors seeking a blend of growth and income through tactical asset allocation.
Fund Family BNY Mellon Funds
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MIBLX
Share Class Investor Shares
Index Index is not available on Lipper Database
MIBLX had a total return of 9.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.22%.
