DRLYX – BNY Mellon Developed Markets RE Scs - Y Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize total return consisting of capital appreciation and current income. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in publicly-traded equity securities of companies principally engaged in the real estate sector. It normally invests in a global portfolio of equity securities of real estate companies, including real estate investment trusts (REITs) and real estate operating companies, with principal places of business located in, but not limited to, the developed markets of Europe, Australia, Asia and North America (including the United States).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DRLIX	BNY Mellon Developed Markets Real Estate Securities Fund - Class I	Institutional	Open			Dec 29, 2006	$48.68M	1.050%	Above Average	$1,000	−$3.18M
DRLYX	BNY Mellon Developed Markets Real Estate Securities Fund - Class Y	Institutional	Open			Jul 1, 2013	$269.97M	1.050%	Above Average	$1M	$9.80M
DRLAX	BNY Mellon Developed Markets Real Estate Securities Fund - Class A	Front Load	Open			Dec 29, 2006	$8.00M	1.300%	Average	$1,000	−$471,649.67
DGBCX	BNY Mellon Developed Markets Real Estate Securities Fund - Class C	Level Load	Open			Sep 15, 2008	$42,546.00	2.050%	Above Average	$1,000	−$22,820.33

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