BNY Mellon Focused Equity Opportunities Fund Investor Shares (MFOIX)
BNY Mellon Focused Equity Opportunities Fund Investor Shares operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $14.44, up 0.00% on the session, giving a market capitalisation of $69.4M. Its beta of 1.01 implies it has historically moved more than the broad market.
The BNY Mellon Focused Equity Opportunities Fund aims for significant long-term capital growth. It typically allocates at least 80% of its net assets (and any money borrowed for investing) to common stocks. The portfolio is concentrated, generally holding positions in just 25 to 30 companies. These companies are selected by the investment adviser for their potential to deliver strong long-term earnings growth. While the fund primarily targets large-capitalization companies, it retains the flexibility to invest in businesses of any size. Although primarily invested in U.S. equities, up to a quarter (25%) of the fund's assets may be allocated to international companies, including those in emerging markets. It operates as a non-diversified fund.
BNY Mellon Focused Equity Opportunities Fund Investor Shares is most often compared with the following Financial Services names: