BNY Mellon US Equity Income (GB) Class W Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
31/03/25 to 31/03/26 |
|
|---|---|---|---|---|---|
| Fund | 27.8% | 1.7% | 17.9% | 5.4% | 13.7% |
| Sector | 16.1% | -4.0% | 25.1% | 2.2% | 11.8% |
| Rank | 3/220 | 13/235 | 211/243 | 88/251 | 112/271 |
| Quartile | 1 | 1 | 4 | 2 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/26 |
5 Years to 31/03/26 |
10 Years to 31/03/26 |
||
| Fund | 12.2% | 12.9% | n/a | |
| Sector | 12.7% | 9.8% | 12.9% | |
| Rank | 158/243 | 12/220 | n/a | |
| Quartile | 3 | 1 | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| EXXON MOBIL CORPORATION | 4.11 |
| CISCO SYSTEMS | 3.95 |
| JOHNSON & JOHNSON | 3.77 |
| ASSURANT | 3.76 |
| JPMORGAN CHASE & CO | 3.11 |
| UNITEDHEALTH GROUP INCORPORATED | 2.93 |
| L3HARRIS TECHNOLOGIES | 2.90 |
| TEXAS INSTRUMENTS INCORPORATED | 2.84 |
| OMNICOM GROUP | 2.70 |
| APPLIED MATERIALS | 2.62 |
| Total | 32.67 |
Fund Aims
The Sub-Fund aims to maximise total returns from income and capital growth.
Fund Manager
Brian is a senior portfolio manager on the Dynamic Large Cap Value Equity strategy, a position he has held since 2003.
Brian joined Newton in September 2021, following the integration of Mellon Investments Corporation’s equity and multi-asset capabilities into the Newton Investment Management Group. Before joining Newton, Brian was a senior portfolio manager and research analyst at Mellon Investments Corporation and The Boston Company Asset Management (both BNY group companies).
Before joining BNY, Brian was a research analyst at Wellington Management. Prior to that, he was an assistant director of General Electric Capital Corporation’s corporate treasury group and graduated from GE's Financial Management Program.
Brian has a BA in Economics and International Relations from Bucknell University and an MBA with a concentration in Finance from Columbia Business School.
John is a member of Newton’s equity income team and is the lead portfolio manager for dividend-focused Large Cap Value strategies. John is responsible for creating the Income Stock strategy to meet demand from clients seeking attractively valued higher dividend income while not sacrificing dividend growth. He is also the lead portfolio manager for the Equity Income strategy, which emphasizes dividend growth stocks, and a senior research analyst on the Dynamic Large Cap Value strategy.
John joined Newton in September 2021, following the integration of Mellon Investments Corporation’s equity and multi-asset capabilities into the Newton Investment Management Group. Before joining Newton, John was a senior portfolio manager and analyst at Mellon Investments Corporation and The Boston Company Asset Management (both BNY Mellon group companies). He has managed dividend strategies for the firm since 2005. Previously, John was Chair of Mellon’s Proxy & Governance committee.
John began his investment career in 1992 and has spent his entire career with BNY Mellon.
John has a BS with distinction in Accounting and Information Management Systems from Babson College and an MS in Finance from Boston College. He received his CFA1 designation in 1997 and is a member of the CFA Institute and the CFA Society Boston.
Fund Overview
| Mid (02/04/2026) | 226.46p |
| Historic yield | 1.63% |
| Fund size (31/01/2026) | £1286.07m |
| Number of holdings | 61 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.82% |
| Launch date | 17/01/2017 |
Asset Allocation
| International Equities | 92.76% | |
| Cash and Equivalents | 4.14% | |
| UK Equities | 3.10% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 92.76% | |
| Cash and Equivalents | 4.14% | |
| UK Equities | 3.10% |
Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 23.79% | - | - | - | |
| Banks | - | 10.46% | - | - | |
| Banks | - | - | 10.46% | - | |
| Banks | - | - | - | 10.46% | |
| Insurance | - | 8.31% | - | - | |
| Non-life Insurance | - | - | 8.31% | - | |
| Property & Casualty Insurance | - | - | - | 5.76% | |
| Insurance Brokers | - | - | - | 1.75% | |
| Full Line Insurance | - | - | - | 0.80% | |
| Financial Services | - | 5.02% | - | - | |
| Investment Banking & Brokerage Services | - | - | 5.02% | - | |
| Investment Services | - | - | - | 3.62% | |
| Asset Managers & Custodians | - | - | - | 1.40% | |
| Industrials | 16.53% | - | - | - | |
| Industrial Goods & Services | - | 13.58% | - | - | |
| General Industrials | - | - | 3.96% | - | |
| Diversified Industrials | - | - | - | 2.77% | |
| Containers & Packaging | - | - | - | 1.19% | |
| Aerospace & Defence | - | - | 2.90% | - | |
| Defense | - | - | - | 2.90% | |
| Electronic & Electrical Equipment | - | - | 2.31% | - | |
| Electrical Components | - | - | - | 1.30% | |
| Electronic Equipment: Other | - | - | - | 1.01% | |
| Industrial Transportation | - | - | 1.88% | - | |
| Railroads | - | - | - | 1.88% | |
| Industrial Support Services | - | - | 1.61% | - | |
| Transaction Processing Services | - | - | - | 0.93% | |
| Industrial Suppliers | - | - | - | 0.68% | |
| Industrial Engineering | - | - | 0.92% | - | |
| Machinery: Construction & Handling | - | - | - | 0.92% | |
| Construction & Materials | - | 2.95% | - | - | |
| Construction & Materials | - | - | 2.95% | - | |
| Cement | - | - | - | 1.18% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.93% | |
| Building Materials: Other | - | - | - | 0.84% | |
| Health Care | 13.90% | - | - | - | |
| Health Care | - | 13.90% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 7.12% | - | |
| Pharmaceuticals | - | - | - | 7.12% | |
| Health Care Providers | - | - | 4.67% | - | |
| Health Care Management Services | - | - | - | 4.67% | |
| Medical Equipment & Services | - | - | 2.10% | - | |
| Medical Equipment | - | - | - | 2.10% | |
| Energy | 10.23% | - | - | - | |
| Energy | - | 10.23% | - | - | |
| Non-Renewable Energy | - | - | 10.23% | - | |
| Integrated Oil & Gas | - | - | - | 4.11% | |
| Oil: Crude Producers | - | - | - | 2.69% | |
| Oil Equipment & Services | - | - | - | 1.74% | |
| Oil Refining and Marketing | - | - | - | 1.70% | |
| Consumer Discretionary | 9.49% | - | - | - | |
| Media | - | 3.83% | - | - | |
| Media | - | - | 3.83% | - | |
| Media Agencies | - | - | - | 2.70% | |
| Entertainment | - | - | - | 1.13% | |
| Travel & Leisure | - | 3.00% | - | - | |
| Travel & Leisure | - | - | 3.00% | - | |
| Airlines | - | - | - | 1.74% | |
| Casinos & Gambling | - | - | - | 1.26% | |
| Consumer Products & Services | - | 1.63% | - | - | |
| Personal Goods | - | - | 1.63% | - | |
| Cosmetics | - | - | - | 1.63% | |
| Automobiles & Parts | - | 1.03% | - | - | |
| Automobiles & Parts | - | - | 1.03% | - | |
| Automobiles | - | - | - | 1.03% | |
| Technology | 7.90% | - | - | - | |
| Technology | - | 7.90% | - | - | |
| Technology Hardware & Equipment | - | - | 6.14% | - | |
| Semiconductors | - | - | - | 2.84% | |
| Production Technology Equipment | - | - | - | 2.62% | |
| Electronic Components | - | - | - | 0.69% | |
| Software & Computer Services | - | - | 1.76% | - | |
| Software | - | - | - | 0.91% | |
| Computer Services | - | - | - | 0.84% | |
| Telecommunications | 7.73% | - | - | - | |
| Telecommunications | - | 7.73% | - | - | |
| Telecommunications Equipment | - | - | 3.95% | - | |
| Telecommunications Equipment | - | - | - | 3.95% | |
| Telecommunications Service Providers | - | - | 3.78% | - | |
| Telecommunications Services | - | - | - | 3.78% | |
| Cash and Equivalents | 4.14% | - | - | - | |
| Basic Materials | 2.82% | - | - | - | |
| Basic Resources | - | 2.82% | - | - | |
| Industrial Metals & Mining | - | - | 1.21% | - | |
| Copper | - | - | - | 1.21% | |
| Precious Metals & Mining | - | - | 0.89% | - | |
| Gold Mining | - | - | - | 0.89% | |
| Industrial Materials | - | - | 0.72% | - | |
| Paper | - | - | - | 0.72% | |
| Consumer Staples | 1.69% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 1.69% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.69% | - | |
| Personal Products | - | - | - | 1.69% | |
| Real Estate | 1.17% | - | - | - | |
| Real Estate | - | 1.17% | - | - | |
| Real Estate Investment Trusts | - | - | 1.17% | - | |
| Timber REITs | - | - | - | 1.17% | |
| Utilities | 0.61% | - | - | - | |
| Utilities | - | 0.61% | - | - | |
| Electricity | - | - | 0.61% | - | |
| Conventional Electricity | - | - | - | 0.61% | |
| Alternative Trading Strategies | 0.00% | - | - | - | |
| Alternative Trading Strategies | - | 0.00% | - | - | |
| Alternative Trading Strategies | - | - | 0.00% | - | |
| Alternative Trading Strategies | - | - | - | 0.00% | |
Regional Allocation
| North America | 87.04% | |
| Developed Europe - Excl UK | 5.72% | |
| Cash and Equivalents | 4.14% | |
| UK | 3.10% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 95.98% | |
| Cash | 4.01% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 87.04% | - | |
United States
|
- | 87.04% | |
| Developed Europe - Excl UK | 5.72% | - | |
Ireland
|
- | 5.72% | |
| Cash and Equivalents | 4.14% | - | |
| UK | 3.10% | - | |
United Kingdom
|
- | 3.10% | |
Breakdown By Market Cap (%)
| Mega |
|
36.12% |
| Large |
|
15.82% |
| Medium |
|
10.18% |
| Non-Classified |
|
33.73% |
| Cash |
|
4.14% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | EXXON MOBIL CORPORATION | 4.11% | Non-Renewable Energy | United States |
| 2 | CISCO SYSTEMS | 3.95% | Telecommunications Equipment | United States |
| 3 | JOHNSON & JOHNSON | 3.77% | Pharmaceuticals & Biotechnology | United States |
| 4 | ASSURANT | 3.76% | Non-life Insurance | United States |
| 5 | JPMORGAN CHASE & CO | 3.11% | Banks | United States |
| 6 | UNITEDHEALTH GROUP INCORPORATED | 2.93% | Health Care Providers | United States |
| 7 | L3HARRIS TECHNOLOGIES | 2.90% | Aerospace & Defence | United States |
| 8 | TEXAS INSTRUMENTS INCORPORATED | 2.84% | Technology Hardware & Equipment | United States |
| 9 | OMNICOM GROUP | 2.70% | Media | United States |
| 10 | APPLIED MATERIALS | 2.62% | Technology Hardware & Equipment | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 7.90% | - | - | - | - | - | - | 7.90% |
| Telecommunications | 1.36% | 6.37% | - | - | - | - | - | - | 7.73% |
| Financials | - | 23.79% | - | - | - | - | - | - | 23.79% |
| Real Estate | - | 1.17% | - | - | - | - | - | - | 1.17% |
| Consumer Discretionary | - | 9.49% | - | - | - | - | - | - | 9.49% |
| Consumer Staples | - | 1.69% | - | - | - | - | - | - | 1.69% |
| Energy | 1.74% | 8.49% | - | - | - | - | - | - | 10.23% |
| Utilities | - | 0.61% | - | - | - | - | - | - | 0.61% |
| Health Care | - | 13.90% | - | - | - | - | - | - | 13.90% |
| Industrials | - | 16.53% | - | - | - | - | - | - | 16.53% |
| Basic Materials | - | 2.82% | - | - | - | - | - | - | 2.82% |
| Cash and Equivalents | - | - | - | - | - | - | - | 4.14% | 4.14% |
| Non-Classified | - | - | - | - | - | - | - | - | - |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | BGV53H3 |
| Mex Code | - |
| Isin Code | GB00BGV53H32 |
| Citi Code | PUU7 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.82% |
Aims and Benchmark
| Aims | The Sub-Fund aims to maximise total returns from income and capital growth. |
| Benchmark | S&P 500 NR |
| Benchmark Category | - |
| IA Sector | North America |
Fund Background
| Valuation frequency | Daily |
| Valuation point | - |
| Fund type | ICVC |
| Launch price | $1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Quarterly |
| Distribution Type | No income |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 02 January | 28 February |
| 03 April | 31 May |
| 03 July | 31 August |
| 02 October | 30 November |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | BNY Mellon Trust Company (Ireland) Limited |
| Fund Administrator | BNY Mellon Fund Services (Ireland) Ltd |
| Fund Registrar | BNY Mellon Fund Services (Ireland) Ltd |
| Fund Custodian | BNY Mellon Trust Company (Ireland) Limited |
Group Details
| Group name | BNY Mellon Fund Management (Luxembourg) S.A. |
| Group address | BNY Mellon Asset Management International Limited The Bank of New York Mellon Centre 160 Queen Victoria Street London EC4V 4LA United Kingdom |
| Group telephone | 0500 66 00 00 |
| Dealing telephone | - |
| - | |
| Homepage | www.bnymellonam.com |
| Fax number | - |
Dealing
| Minimum Investment | - |
| Minimum Top Up | - |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 4 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 2.96 |
| Beta | 0.74 |
| Sharpe | 0.74 |
| Standard Deviation | 11.69 |
| Info Ratio | -0.04 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| Emerging Markets | No |
| Concentrated Portfolio | Yes |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | Yes |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | Yes |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
Concentrated Portfolio
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Higher Risk
This fund is specifically aimed at sophisticated investors and is particularly high risk, because it concentrates on a region that may be exposed to unusual political or economic risks. You should only invest if you are comfortable with the specific risks pertaining to the fund in question. If you are not familiar with these you should ask us for a copy of the provider's key features and brochure.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
New Fund
The charges and expenses may make up a higher proportion of a newly launched fund than initially estimated.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.