Two BNY Mellon funds gain additional investment strategies

By Toni Weeks

San Diego, March 15 - The board of the BNY Mellon Funds Trust has approved additional investment strategies for the BNY Mellon Large Cap Market Opportunities Fund and the BNY Mellon Tax-Sensitive Large Cap Multi-Strategy Fund, according to a 497 filing with the Securities and Exchange Commission.

Both funds allocate their assets among multiple investment strategies, each with a specific weighting.

Effective March 19, the funds will add an Income Stock Strategy, Appreciation Strategy and Large Cap Dividend Strategy as additional investment strategies for each fund. That brings the number of strategies that each fund utilizes to nine for the Large Cap Market Opportunities Fund and to 11 for the Tax-Sensitive Large Cap Multi-Strategy Fund.

BNY Mellon Fund Advisers, a division of New York-based Dreyfus Corp., serves as the investment adviser to the funds.

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