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3 BNY Mutual Funds for Building a Strong Portfolio
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BNY is an asset management company that was founded by Alexander Hamilton in 1784. It had $2.1 trillion in assets under management as of June 30, 2025. It provides investment solutions to individuals, intermediaries and institutional investors.
BNY uses a sustainability framework by implementing governance principles and ethical standards, and risk management practices. Moreover, it uses artificial intelligence (AI) in its investment approach that enhances operational efficiency. All these elements make it a dependable investment option.
We have chosen three BNY mutual funds — BNY Mellon International Equity Fund (SNIEX - Free Report) , BNY Mellon Floating Rate Income (DFLIX - Free Report) and BNY Mellon Large Cap Securities Fund (DREVX - Free Report) — that investors should buy now for the long term. These funds have a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy), positive three-year and five-year annualized returns, minimum initial investments within $5000, and expense ratios considerably lower than the category average. So, these funds have provided a comparatively stronger performance and carry a lower fee.
BNY Mellon International Equity fund invests most of its assets in common stocks of foreign companies. SNIEX also invests in stocks that are not part of the MSCI EAFE Index.
Keith Howell Jr. has been the lead manager of SNIEX since Oct. 28, 2025. Most of the fund's holdings were in companies like BNP Paribas SA (3.6%), Barclays PLC (3.2%) and TotalEnergies SE (3.2%) as of June 30, 2025.
SNIEX's 3-year and 5-year annualized returns are 23.5% and 10.3%, respectively. Its net expense ratio is 0.80%. SNIEX has a Zacks Mutual Fund Rank #1.
To see how this fund performed compared to its category and other 1 and 2 Ranked Mutual Funds, please click here.
BNY Mellon Floating Rate Income fund seeks to provide as high a level of income exempt from federal income tax as is consistent with the preservation of capital. DFLIX invests all of its assets in municipal bonds issued by the state of Florida, its political subdivisions, authorities and corporations, the interest from which is exempt from the Florida intangibles personal property tax.
Chris Barris has been the lead manager of DFLIX since Sept. 27, 2013. Most of the fund's holdings were in companies like Misc Bonds (62.9%), Cash (12.1%) and Trance Term Loan (1%) as of May 31, 2025.
DFLIX's 3-year and 5-year annualized returns are 10.2% and 6.8%, respectively. Its net expense ratio is 0.76%. DFLIX has a Zacks Mutual Fund Rank #1.
BNY Mellon Large Cap Securities Fund invests in equity securities of large-cap companies. DREVX advisors use fundamental analysis to create a broadly varied portfolio comprising growth stocks, value stocks or both.
Karen Miki Behr has been the lead manager of DREVX since Sept. 22, 2021. Most of the fund's holdings were in companies like NVIDIA Corp. (9.7%), Microsoft Corp (9%), Amazon.com, Inc. (5.3%) as of June 30, 2025.
DREVX's 3-year and 5-year returns are 26.9% and 16.9%, respectively. The annual expense ratio is 0.69%. DREVX has a Zacks Mutual Fund Rank #2.
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3 BNY Mutual Funds for Building a Strong Portfolio
BNY is an asset management company that was founded by Alexander Hamilton in 1784. It had $2.1 trillion in assets under management as of June 30, 2025. It provides investment solutions to individuals, intermediaries and institutional investors.
BNY uses a sustainability framework by implementing governance principles and ethical standards, and risk management practices. Moreover, it uses artificial intelligence (AI) in its investment approach that enhances operational efficiency. All these elements make it a dependable investment option.
We have chosen three BNY mutual funds — BNY Mellon International Equity Fund (SNIEX - Free Report) , BNY Mellon Floating Rate Income (DFLIX - Free Report) and BNY Mellon Large Cap Securities Fund (DREVX - Free Report) — that investors should buy now for the long term. These funds have a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy), positive three-year and five-year annualized returns, minimum initial investments within $5000, and expense ratios considerably lower than the category average. So, these funds have provided a comparatively stronger performance and carry a lower fee.
BNY Mellon International Equity fund invests most of its assets in common stocks of foreign companies. SNIEX also invests in stocks that are not part of the MSCI EAFE Index.
Keith Howell Jr. has been the lead manager of SNIEX since Oct. 28, 2025. Most of the fund's holdings were in companies like BNP Paribas SA (3.6%), Barclays PLC (3.2%) and TotalEnergies SE (3.2%) as of June 30, 2025.
SNIEX's 3-year and 5-year annualized returns are 23.5% and 10.3%, respectively. Its net expense ratio is 0.80%. SNIEX has a Zacks Mutual Fund Rank #1.
To see how this fund performed compared to its category and other 1 and 2 Ranked Mutual Funds, please click here.
BNY Mellon Floating Rate Income fund seeks to provide as high a level of income exempt from federal income tax as is consistent with the preservation of capital. DFLIX invests all of its assets in municipal bonds issued by the state of Florida, its political subdivisions, authorities and corporations, the interest from which is exempt from the Florida intangibles personal property tax.
Chris Barris has been the lead manager of DFLIX since Sept. 27, 2013. Most of the fund's holdings were in companies like Misc Bonds (62.9%), Cash (12.1%) and Trance Term Loan (1%) as of May 31, 2025.
DFLIX's 3-year and 5-year annualized returns are 10.2% and 6.8%, respectively. Its net expense ratio is 0.76%. DFLIX has a Zacks Mutual Fund Rank #1.
BNY Mellon Large Cap Securities Fund invests in equity securities of large-cap companies. DREVX advisors use fundamental analysis to create a broadly varied portfolio comprising growth stocks, value stocks or both.
Karen Miki Behr has been the lead manager of DREVX since Sept. 22, 2021. Most of the fund's holdings were in companies like NVIDIA Corp. (9.7%), Microsoft Corp (9%), Amazon.com, Inc. (5.3%) as of June 30, 2025.
DREVX's 3-year and 5-year returns are 26.9% and 16.9%, respectively. The annual expense ratio is 0.69%. DREVX has a Zacks Mutual Fund Rank #2.
Want key mutual fund info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top performing mutual funds, each week. Get it free >>