formncsr-mellon.htm - Generated by SEC Publisher for SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES

Investment Company Act file number			811-09903

	BNY Mellon Funds Trust
	(Exact name of Registrant as specified in charter)

	c/o The Dreyfus Corporation 200 Park Avenue New York, New York 10166
	(Address of principal executive offices) (Zip code)

	Michael A. Rosenberg, Esq. 200 Park Avenue New York, New York 10166
	(Name and address of agent for service)

Registrant's telephone number, including area code:				(212) 922-6000

Date of fiscal year end:		8/31
Date of reporting period:		8/31/2010

DISCUSSION OF
FUND PERFORMANCE

For the period of September 1, 2009, through August 31, 2010, as provided by Sean P. Fitzgibbon and Jeffrey D. McGrew, Portfolio Managers

Market and Fund Performance Overview

For the 12-month period ended August 31, 2010, BNY Mellon Large Cap Stock Fund’s Class M shares produced a total return of 6.62%, and Investor shares returned 6.21%.¹In comparison, the total return of the Standard & Poor’s 500 Composite Stock Price Index (“S&P 500 Index”), the fund’s benchmark, was 4.93%.²

After rallying over much of the reporting period, stocks were driven lower over the spring and summer of 2010 by a variety of global and domestic economic setbacks. The fund produced higher returns than its benchmark, primarily due to strong stock selections in seven of the S&P 500 Index’s 10 market sectors.

The Fund’s Investment Approach

The fund seeks capital appreciation. To pursue its goal, the fund normally invests at least 80% of its assets in stocks of large-cap companies. We choose stocks through a disciplined investment process that uses computer modeling techniques to identify and rank companies based on value, growth and other financial characteristics.Also, we use fundamental analysis, conducting independent research to select the most attractive of the higher ranked securities. We also attempt to manage risks by diversifying the fund’s investments across companies and industries, maintaining weightings and risk characteristics that generally are similar to those of the S&P 500 Index.

Economic Concerns Outweighed Corporate Performance

From the beginning of the reporting period through April 2010, the U.S. economy continued to recover from the Great Recession and financial crisis. Most U.S. corporations posted stronger earnings and revenues, propelling stock prices higher. However, in early May 2010 a sovereign debt crisis in Greece threatened to spread to other members of the European Union. Investor confidence was further undermined by rising inflationary pressures in China, as well as ongoing troubles in U.S. housing markets, persistently high levels of U.S. unemployment and a major oil spill in the Gulf of Mexico. As a result, U.S. stocks gave back a substantial portion of their earlier gains.

Outperforming Across a Wide Range of Sectors

The fund’s outperformance relative to its benchmark was led by the energy sector, where we focused on exploration-and-production firms over integrated oil companies with significant refinery operations. The fund particularly benefited from avoiding exposure to industry giant ExxonMobil, which lagged due to concerns about future growth prospects. The fund achieved better results with Anadarko Petroleum, which we believed had been punished more severely than warranted after the Gulf oil spill, and Newfield Exploration, which owns attractive assets with strong growth potential. The fund also benefited from its position in XTO Energy, which was acquired by


The Funds	3

DISCUSSION OF FUND PERFORMANCE (continued)

ExxonMobil early in the reporting period.

In the materials sector, the fund enhanced returns through an investment in Brazilian metals-and-mining company Vale, which introduced a new pricing structure and saw robust demand from China for iron ore. The fund gained ground with good stock selections among agricultural chemicals makers, such as E. I. du Pont de Nemours & Co. and CF Industries Holdings. In the consumer discretionary sector, the fund achieved strong results after buying stocks at attractive prices during the downturn and holding them while they recovered to richer valuations. Automotive safety equipment maker Autoliv benefited from improved car and truck sales. Apparel retailers Limited Brands and Gap proved well positioned for improved consumer spending and confidence, while Home Depot and Whirlpool benefited from rising demand for home improvement products and appliances, respectively.

The fund’s most significant disappointments were concentrated in the financials sector, where JPMorgan Chase & Co. and Bank of America lagged despite solid business franchises with strong growth potential. Indeed, we added to the fund’s holdings of Bank of America during periods of price weakness. Citigroup detracted from the fund’s relative performance early in the reporting period, when we sold the fund’s position due to company-specific issues. Finally, custodial bank State Street Corp. reported disappointing results in their securities lending and foreign exchange businesses.

The fund suffered a mild decline in the utilities sector, where electricity producer Mirant Corp. declined early in the reporting period as natural gas prices fell and coal prices climbed, prompting its elimination from the portfolio. The fund’s telecommunications services investments also trailed market averages, primarily due to underweighted exposure to some of the benchmark’s smaller wireless service providers.

Remaining Cautiously Opportunistic

We believe the market’s recent dip has created attractive opportunities in stocks with attractive growth potential. Given our view that the U.S. economy appears poised for continued recovery, and recognizing that the pace of recovery may remain slow, we have maintained the fund’s opportunistic, valuation-conscious and risk-conscious investment approach. We recently have found a number of opportunities meeting our criteria in the health care sector, and fewer in the financials and consumer staples sectors.

September 15, 2010


	Please note, the position in any security highlighted with italicized typeface
	was sold during the reporting period.
	Equity funds are subject generally to market, market sector, market liquidity,
	issuer and investment style risks, among other factors, to varying degrees, all of
	which are more fully described in the fund’s prospectus.
¹	Total return includes reinvestment of dividends and any capital gains paid.
	Past performance is no guarantee of future results. Share price and investment
	return fluctuate such that upon redemption, fund shares may be worth more or
	less than their original cost.
²	SOURCE: LIPPER INC. — Reflects the monthly reinvestment of
	dividends and, where applicable, capital gain distributions.The Standard &
	Poor’s 500 Composite Stock Price Index is a widely accepted, unmanaged
	index of U.S. stock market performance. Index return does not reflect fees and
	expenses associated with operating a mutual fund. Investors cannot invest
	directly in any index.

FUND PERFORMANCE

Comparison of change in value of $10,000 investment in BNY Mellon Large Cap Stock Fund Class M shares and the Standard & Poor’s 500 Composite Stock Price Index


Average Annual Total Returns as of 8/31/10
	Inception				From
	Date	1 Year	5 Years	10 Years	Inception
Class M shares	1/1/85	6.62%	–1.24%	–3.07%	—
Investor shares	7/11/01	6.21%	–1.55%	—	–0.61%
Standard & Poor’s 500
Composite Stock Price Index^††	9/30/00	4.93%	–0.91%	—	–1.29%

† Source: Lipper Inc.

Past performance is not predictive of future performance.The fund’s performance shown in the graph and table does not reflect the deduction of taxes that a shareholder

would pay on fund distributions or the redemption of fund shares.

The above graph compares a $10,000 investment made in Class M shares of BNY Mellon Large Cap Stock Fund on 8/31/00 to a $10,000 investment made in

the Standard & Poor’s 500 Composite Stock Price Index (the “Index”) on that date.All dividends and capital gain distributions are reinvested.

Before the fund commenced operations, substantially all of the assets of a predecessor common trust fund (CTF) that, in all material respects, had the same investment

objective, policies, guidelines and restrictions as the fund (and those of another CTF) were transferred to the fund. Please note that the performance of the fund’s Class

M shares represents the performance of the predecessor CTF through October 1, 2000, adjusted to reflect the fund’s fees and expenses, by subtracting from the actual

performance of the CTF the expenses of the fund’s Class M shares as they were estimated prior to the conversion of the CTF into the fund, and the performance of

the fund’s Class M shares thereafter.The predecessor CTF was not registered under the Investment Company Act of 1940, as amended, and therefore was not subject

to certain investment restrictions that might have adversely affected performance. In addition, the expenses of the fund’s Class M shares may be higher than those

estimated prior to the conversion of the CTF into the fund, which would lower the performance shown in the above line graph.

Effective July 11, 2001, existing fund shares were designated as Class M shares and the fund began offering a second class of shares designated as Investor shares,

which are subject to a Shareholder Services Plan.

The fund’s performance shown in the line graph takes into account all applicable fees and expenses for Class M shares only. Performance for Investor shares will vary

from the performance of Class M shares shown above because of the differences in charges and expenses.The Index is a widely accepted, unmanaged index of U.S.

stock market performance. Unlike a mutual fund, the Index is not subject to charges, fees and other expenses. Investors cannot invest directly in any index. Further

information relating to fund performance, including expense reimbursements, if applicable, is contained in the Financial Highlights section of the prospectus and

elsewhere in this report.

^††The Index date is based on the life of Class M shares. For comparative purposes, the value of the Index as of 9/30/00 is used as the beginning value on

10/2/00 (the inception date for Class M shares).


The Funds	5

DISCUSSION OF FUND PERFORMANCE (continued)

DISCUSSION OF
FUND PERFORMANCE

For the period from July 30, 2010, through August 31, 2010, as provided by Christopher E. Sheldon, CFA, Portfolio Manager

Fund and Market Performance Overview

For the period from the commencement of fund operations on July 30, 2010, through August 31, 2010, BNY Mellon Large Cap Market Opportunities Fund’s Class M shares produced a total return of –5.20%, and Investor shares returned –5.20%.¹In comparison, the total return of the Standard & Poor’s 500 Composite Stock Price Index (“S&P 500 Index”), the fund’s benchmark, was –4.51% for the same period.²

Although we believe that one month is too brief a time frame to gauge accurately the performance of long-term investments, stocks generally declined in August 2010 amid intensifying investor concerns in a slowing economic environment. The fund produced lower returns than its benchmark during its first month of operations, primarily due to lagging results from its U.S. Large-Cap Equity Strategy.

The Fund’s Investment Approach

The fund seeks long-term capital appreciation.To pursue its goal, the fund normally invests at least 80% of its assets in equity securities of large cap companies, currently defined to be those companies with total market capitalizations of $5 billion or more at the time of the purchase. The fund normally allocates its assets among multiple investment strategies, each employed by the fund’s investment adviser or its affiliates that invest primarily in equity securities issued by large-cap companies. The fund is designed to provide exposure to various large-cap equity portfolio managers and investment strategies and styles, including some or all of the following: the Focused Equity Strategy, U.S. Large Cap Equity Strategy, U.S. Core Equity 130/30 Strategy, Dynamic Large Cap Value Strategy, Large Cap Growth Strategy and U.S. Large Cap Growth Strategy, all as more particularly described in the fund’s prospectus. The fund invests directly in securities or in other mutual funds advised by the fund’s investment adviser or its affiliates.

The fund’s investment adviser determines the investment strategies, sets the target allocations, monitors portfolio trading activity within the investment strategies and executes all purchases and sales of portfolio securities of the fund.

Economic Uncertainties Sparked Market Volatility

When the fund commenced operations on July 30, 2010, investors generally had grown worried about signs that the prevailing economic recovery might be losing momentum. Global economic confidence had been undermined in the spring and summer of 2010 by a sovereign debt crisis in Europe, in which Greece and other nations found themselves unable to finance heavy debt loads. Meanwhile, inflationary pressures in China led to higher short-term interest rates and other remedial measures, which investors worried might constrain a major engine of global growth. In the United States, investors became more cautious in light of persistently high levels of unemployment and ongoing troubles in housing markets.As a result, large-cap U.S. stocks lost ground during August 2010.

Large-Cap Strategies Produced Mixed Results

The fund began operations fully invested in three underlying large-cap strategies: 40% of assets were invested in the

Focused Equity Strategy, 40% in the U.S. Large Cap Equity Strategy and 20% in the U.S. Core Equity 130/30 Strategy. In our judgment, these target allocations provided the fund with broad exposure to a variety of investment styles, large-cap market sectors and individual securities.

During August, two of the three strategies produced returns that were higher than the S&P 500 Index.The Focused Equity Strategy invests in approximately 25 to 30 companies that are considered by the portfolio manager to be positioned for long-term earnings growth. It combines a top-down assessment of broad economic, political and social trends with bottom-up, fundamental analysis of individual companies in the market sectors and industries identified as most attractive given the competitive landscape and business trends. The U.S. Core Equity 130/30 Strategy, implemented through the fund’s investment in BNY Mellon U.S. Core Equity 130/30 Fund, focuses on growth and value stocks of large-cap companies, establishing both long and short positions in stocks chosen through a disciplined investment process that combines computer modeling techniques, fundamental analysis and risk management.

However, the U.S. Large Cap Equity Strategy under-performed the S&P 500 Index in August.This strategy seeks investment opportunities in U.S. companies with fundamental strengths that indicate the potential for sustainable growth.The strategy’s approach is to build its portfolio from the bottom up through extensive fundamental research.

Positioned for Further Recovery

Although the U.S. and worldwide economies have hit a rough patch, we do not expect a return to global reces-sion.We believe that slower growth in the United States and Europe is likely to be balanced by more robust growth in the emerging markets. In our view, investors in a slow-growth environment are likely to become more selective, favoring large-cap companies with solid business fundamentals and attractive valuations. In addition, we believe that the U.S. stock market may be poised for further gains if large companies begin to deploy some of the massive cash reserves on their balance sheets into share buybacks, higher dividends or strategic acquisitions.

September 15, 2010


	Equity funds are subject generally to market, market sector, market liquidity,
	issuer and investment style risks, among other factors, to varying degrees, all
	of which are more fully described in the fund’s prospectus.
	Return figures provided reflect the absorption of certain fund expenses by
	BNY Mellon Fund Advisors pursuant to an agreement through January 1,
	2012, at which time it may be extended, terminated or modified. Had
	these expenses not been absorbed, the fund’s returns would have been lower.
	The fund may use derivative instruments, such as options, futures and
	options on futures and swaps.A small investment in derivatives could have
	a potentially large impact on the fund’s performance.The use of derivatives
	involves risks different from, or possibly greater than, the risks associated
	with investing directly in the underlying assets.
¹	Total return includes reinvestment of dividends and any capital gains paid.
	Past performance is no guarantee of future results. Share price and
	investment return fluctuate such that upon redemption, fund shares may be
	worth more or less than their original cost.
²	SOURCE: LIPPER INC. — Reflects monthly reinvestment of dividends
	and, where applicable, capital gain distributions.The Standard & Poor’s 500
	Composite Stock Price Index is a widely accepted, unmanaged index of
	U.S. stock market performance. Investors cannot invest directly in any index.


The Funds	7

DISCUSSION OF FUND PERFORMANCE (continued)

DISCUSSION OF
FUND PERFORMANCE

For the period from July 30, 2010, through August 31, 2010, as provided by Christopher E. Sheldon, CFA, Portfolio Manager

Fund and Market Performance Overview

For the period from the commencement of fund operations on July 30, 2010, through August 31, 2010, BNY Mellon Tax-Sensitive Large Cap Multi-Strategy Fund’s Class M shares produced a total return of –4.80%, and Investor shares returned –4.80%.¹In comparison, the total return of the Standard & Poor’s 500 Composite Stock Price Index (“S&P 500 Index”), the fund’s benchmark, was –4.51% for the same period.²

Although we believe that one month is too brief a time frame to gauge accurately the performance of long-term investments, stocks generally declined in August 2010 amid intensifying investor concerns in a slowing economic environment.The fund produced returns that were roughly in line with its benchmark, as above-average results from the Focused Equity Strategy and U.S. Core Equity 130/30 Strategy were offset by lagging results from the U.S. Large Cap Equity Strategy.

The Fund’s Investment Approach

The fund seeks long-term capital appreciation.To pursue its goal, the fund normally invests at least 80% of its assets in equity securities of large cap companies, currently defined to be those companies with total market capitalizations of $5 billion or more at the time of purchase.The fund normally allocates its assets among multiple investment strategies, each employed by the fund’s investment adviser or its affiliates, that invest primarily in equity securities issued by large-cap companies. The fund is designed to provide exposure to various large-cap equity portfolio managers and investment strategies and styles, and uses tax-sensitive strategies to reduce the impact of federal and state income taxes on its after-tax returns.The fund apportions its assets among some or all of the following: the Large Cap Core Strategy, Large CapTax-Sensitive Strategy, Focused Equity Strategy, U.S. Large Cap Equity Strategy, U.S. Core Equity 130/30 Strategy, Dynamic Large CapValue Strategy, Large Cap Growth Strategy and U.S. Large Cap Growth Strategy, all as more particularly described in the fund’s prospectus. The fund invests directly in securities or in other mutual funds advised by the fund’s investment adviser or its affiliates.

Economic Uncertainties Sparked Market Volatility

When the fund commenced operations on July 30, 2010, investors had grown worried about signs that the prevailing economic recovery might be losing momentum. Global economic confidence had been undermined in the spring and summer of 2010 by a sovereign debt crisis in Europe, in which Greece and other nations found themselves unable to finance heavy debt loads. Meanwhile, inflationary pressures in China led to higher short-term interest rates and other remedial measures, which investors worried might constrain a major engine of global growth. In the United States, investors became more cautious in light of persistently high unemployment and ongoing troubles in housing markets. As a result, large-cap U.S. stocks lost ground during August 2010.

Large-Cap Strategies Produced Mixed Results

The fund began operations fully invested in five underlying large-cap strategies: 25% of assets was invested in the Large Cap Core Strategy, 25% in the Large Cap Tax-Sensitive Strategy, 20% in the Focused Equity Strategy,

20% in the U.S. Large Cap Equity Strategy and 10% in the U.S. Core Equity 130/30 Strategy. In our judgment, these target allocations provided the fund with broad exposure to a variety of investment styles, large-cap market sectors and individual securities.

During August, two of the five strategies produced returns that were higher than the S&P 500 Index.The Focused Equity Strategy invests in approximately 25 to 30 companies that are considered by the portfolio manager to be positioned for long-term earnings growth. It combines a top-down assessment of broad economic, political and social trends with bottom-up, fundamental analysis of individual companies in the market sectors and industries identified as most attractive given the competitive landscape and business trends. The U.S. Core Equity 130/30 Strategy, implemented through the fund’s investments in BNY Mellon U.S. Core Equity 130/30 Fund, focuses on growth and value stocks of large-cap companies, establishing both long and short positions in stocks chosen through a disciplined investment process that combines computer modeling techniques, fundamental analysis and risk management.

The remaining two strategies, the Large Cap Core Strategy and the Large Cap Tax-Sensitive Strategy, produced returns that roughly matched the S&P 500 Index.

Positioned for Further Recovery

Although the U.S. and worldwide economies have hit a rough patch, we do not expect a return to global recession.We believe that slower growth in the United States and Europe is likely to be balanced by more robust growth in the emerging markets. In our view, investors in a slow-growth environment are likely to favor large-cap companies with solid business fundamentals. In addition, we believe that the U.S. stock market may be poised for further gains if large companies begin to deploy some of the massive cash reserves on their balance sheets.

September 15, 2010


	Equity funds are subject generally to market, market sector, market liquidity,
	issuer and investment style risks, among other factors, to varying degrees, all
	of which are more fully described in the fund’s prospectus.
	Return figures provided reflect the absorption of certain fund expenses by
	BNY Mellon Fund Advisors pursuant to an agreement through January 1,
	2012, at which time it may be extended, terminated or modified. Had
	these expenses not been absorbed, the fund’s returns would have been lower.
	The fund may use derivative instruments, such as options, futures and
	options on futures and swaps.A small investment in derivatives could have
	a potentially large impact on the fund’s performance.The use of derivatives
	involves risks different from, or possibly greater than, the risks associated
	with investing directly in the underlying assets.
¹	Total return includes reinvestment of dividends and any capital gains paid.
	Past performance is no guarantee of future results. Share price and
	investment return fluctuate such that upon redemption, fund shares may be
	worth more or less than their original cost.
²	SOURCE: LIPPER INC. — Reflects monthly reinvestment of dividends
	and, where applicable, capital gain distributions.The Standard & Poor’s 500
	Composite Stock Price Index is a widely accepted, unmanaged index of
	U.S. stock market performance. Investors cannot invest directly in any index.


The Funds	9

DISCUSSION OF FUND PERFORMANCE (continued)

DISCUSSION OF
FUND PERFORMANCE

For the period of September 1, 2009, through August 31, 2010, as provided by Brian C. Ferguson, Portfolio Manager

Fund and Market Performance Overview

For the 12-month period ended August 31, 2010, BNY Mellon Income Stock Fund’s Class M shares produced a total return of 3.44%, and its Investor shares produced a total return of 3.19%.¹The fund’s benchmark, the Russell 1000 Value Index, produced a total return of 4.96% for the same period.²

Stocks encountered heightened volatility late in the reporting period, and a market rally sputtered when investors grew concerned regarding a number of threats to global economic growth. The fund produced lower returns than its benchmark, mainly due to a bias toward larger, higher-quality companies at a time when smaller, more speculative stocks fared better.

The Fund’s Investment Approach

The fund seeks total return consisting of capital appreciation and income.To pursue its goal, the fund normally invests at least 80% of its assets in stocks.The fund seeks to focus on dividend-paying stocks and other investment techniques that produce income. We choose stocks through a disciplined investment process that combines quantitative modeling techniques, fundamental analysis and risk management.While we attempt to manage risks by diversifying broadly across companies and industries, the fund may at times overweight certain sectors in an attempt to earn higher yields. The fund may also use derivatives as a substitute for taking a position in an underlying asset, to increase returns or income, or as part of a hedging strategy.

Global Economic Concerns Intensified

The reporting period began in the midst of an economic recovery as improved manufacturing activity and an apparent bottoming of residential housing prices helped boost confidence among businesses, consumers and investors. The recovery appeared to gain additional traction during the first quarter of 2010, when modest employment gains suggested that stubbornly high unemployment might moderate.

In May, however, Europe was roiled by a sovereign debt crisis when Greece and other nations found themselves unable to finance heavy debt burdens, requiring intervention by the International Monetary Fund and the European Union. Robust economic growth in China sparked local inflationary pressures, and investors grew worried that remedial measures might dampen a major engine of global growth. Finally, in the United States, mixed data related to employment and the housing market kindled fears that economic headwinds might constrain already mild growth. Consequently, stocks gave back many of their previous gains.

Positioned for a Mild Recovery

The fund began the reporting period with an emphasis on market sectors and individual companies that appeared poised to thrive in the economic rebound. However, this investment bias led to some disappointing relative performers in the consumer discretionary and financials sectors.

In the financials sector, the fund faced disappointments in the banking industry. Bank of America and JPMorgan Chase & Co. suffered amid heightened regulatory uncer-

tainty, and Morgan Stanley was hurt by a decrease in mergers-and-acquisitions activity as the global economy weakened. In addition, underweighted exposure to real estate investment trusts (REITs) prevented the fund from participating in the industry’s relative strength. REITs had responded positively to investors’ more optimistic outlook regarding conditions in the commercial real estate market, a view we do not necessarily share.

Among consumer discretionary stocks, overweighted exposure to media companies dampened the fund’s results. We had established positions in content producers, such as advertising conglomerate Omnicom Group, which we believed would fare better than program distributors. However, content producers lagged in the sluggish economy.

The fund achieved more positive results in other market segments.The energy sector proved beneficial to results, as we favored growth-oriented oil producers such as Occidential Petroleum over integrated oil-and-gas companies, particularly ExxonMobil.The fund also benefited from a position in XTO Energy, which was acquired by ExxonMobil during the reporting period. In the telecommunications services sector, Windstream andVodafone Group advanced as investors turned their attention to stocks with higher dividend yields and consistently robust levels of free cash flow.

Weathering Bouts of Volatility

Although the U.S. and global economies have hit a rough patch, we do not expect a return to recession. Our conversations with senior executives at various companies indicate that businesses are generally optimistic, and they may be prepared to deploy some of the massive cash reserves on their balance sheets when current economic and regulatory uncertainty wanes. In addition, we believe equity valuations have become more attractive after recent bouts of weakness.

As of the reporting period’s end, we have increased the fund’s exposure to the telecommunications services sector through investments in AT&T and Verizon Communications, which we expect to benefit from expanding smartphone use and data traffic. Conversely, as valuations among information technology companies increased, we trimmed some of the fund’s better-performing holdings in the sector.

September 15, 2010


	Please note, the position in any security highlighted with italicized typeface
	was sold during the reporting period.
	Equity funds are subject generally to market, market sector, market liquidity,
	issuer and investment style risks, among other factors, to varying degrees, all
	of which are more fully described in the fund’s prospectus.
¹	Total return includes reinvestment of dividends and any capital gains paid.
	Past performance is no guarantee of future results. Share price and
	investment return fluctuate such that upon redemption, fund shares may be
	worth more or less than their original cost.
²	SOURCE: LIPPER INC. — Reflects the reinvestment of dividends
	and, where applicable, capital gain distributions.The Russell 1000 Value
	Index is an unmanaged index which measures the performance of those
	Russell 1000 companies with lower price-to-book ratios and lower
	forecasted growth values. Investors cannot invest directly in any index.


The Funds	11

FUND PERFORMANCE


Average Annual Total Returns as of 8/31/10
	Inception				From
	Date	1 Year	5 Years	10 Years	Inception
Class M shares	1/1/85	3.44%	–1.51%	–0.86%	—
Investor shares	7/11/01	3.19%	–1.75%	—	0.70%
Russell 1000 Value Index^††	9/30/00	4.96%	–1.69%	—	1.84%

† Source: Lipper Inc.

Past performance is not predictive of future performance.The fund’s performance shown in the graph and table does not reflect the deduction of taxes that a shareholder

would pay on fund distributions or the redemption of fund shares.

The above graph compares a $10,000 investment made in Class M shares of BNY Mellon Income Stock Fund on 8/31/00 to a $10,000 investment made in the

Russell 1000 Value Index (the “Index”) on that date.All dividends and capital gain distributions are reinvested.