About MPBLX
BNY Mellon Asset Allocation Fund Class M is a balanced mutual fund designed to achieve long-term capital growth alongside current income. The fund utilizes a diversified investment strategy, allocating assets across a wide spectrum of global equities, fixed income securities, and other investment vehicles. Its portfolio typically includes large, mid, and small cap equities—including prominent technology firms—as well as investment grade and high yield bonds, and developed international and emerging markets exposure. Notably, the fund often invests both directly in individual securities and indirectly through affiliated underlying funds, enhancing diversification across sectors and geographies. Categorized as a moderate allocation fund, it aims to balance risk and reward by maintaining a strategic mix that typically exposes 50% to 70% of assets to equities, with the remainder in fixed income and cash instruments. This approach targets investors seeking a combination of asset growth, portfolio income, and risk mitigation within a single fund structure. Managed by a team with multi-asset expertise, BNY Mellon Asset Allocation Fund Class M is a staple in multi-asset allocation products, offering broad market participation and adaptability to evolving market conditions.
Fund Family BNY Mellon Funds
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MPBLX
Share Class Class M Shares
Index Index is not available on Lipper Database
MPBLX had a total return of 14.55% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.22%.
