0000030167-21-000009.txt : 20211029 0000030167-21-000009.hdr.sgml : 20211029 20211029092341 ACCESSION NUMBER: 0000030167-21-000009 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20211029 DATE AS OF CHANGE: 20211029 EFFECTIVENESS DATE: 20211029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BNY Mellon Sustainable U.S. Equity Fund, Inc. CENTRAL INDEX KEY: 0000030167 IRS NUMBER: 132691318 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-40341 FILM NUMBER: 211361018 BUSINESS ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 2129226400 MAIL ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 FORMER COMPANY: FORMER CONFORMED NAME: Dreyfus Sustainable U.S. Equity Fund, Inc. DATE OF NAME CHANGE: 20170501 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS THIRD CENTURY FUND, INC DATE OF NAME CHANGE: 20161220 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS THIRD CENTURY FUND INC DATE OF NAME CHANGE: 20081201 0000030167 S000000095 BNY Mellon Sustainable U.S. Equity Fund, Inc. C000000149 Class A DTCAX C000000151 Class C DTCCX C000000152 Class I DRTCX C000000154 Class Z DRTHX C000174003 Class Y DTCYX 497 1 lp1-035.htm SUPPLMENT TO PROSPECTUS AND SAI

October 29, 2021

 

 

BNY MELLON SUSTAINABLE U.S. EQUITY FUND, INC.

Supplement to Current Summary Prospectus and Prospectus

 

 

The following information supersedes and replaces the information contained in the sections "Portfolio Management" in the summary prospectus and "Fund Summary – Portfolio Management" in the prospectus:

 

The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). BNYM Investment Adviser has engaged its affiliate, Newton Investment Management Limited (Newton), to serve as the fund's sub-investment adviser.

 

Charles French and Yuko Takano are the fund's primary portfolio managers, positions they have held since October 2021 and May 2019, respectively. Mr. French is the investment leader of the Equity Opportunities team at Newton, which is responsible for various core and sustainable active equity strategies. Ms. Takano is a member of the Equity Opportunities team and a portfolio manager on the Sustainable Global Equity and Sustainable U.S. Equity strategies at Newton. Newton's Responsible Investment team provides key input to the portfolio managers of this strategy, including fundamental research and company-level ESG analysis, which leverages Newton's thematic research framework to identify sustainable investment themes, as well as controversy monitoring, company engagement and active proxy voting.

 

 

*********

The following information supersedes and replaces the fourth paragraph in the section "Fund Details – Management" in the prospectus:

Charles French and Yuko Takano are the fund's primary portfolio managers, positions they have held since October 2021 and May 2019, respectively. Mr. French is the investment leader of the Equity Opportunities team at Newton, which is responsible for various core and sustainable active equity strategies. He joined Newton in 2000. Ms. Takano is a member of the Equity Opportunities team and a portfolio manager on the Sustainable Global Equity and Sustainable U.S. Equity strategies at Newton. She joined Newton in 2011. Newton's Responsible Investment team provides key input to the portfolio managers of this strategy including fundamental research and company-level ESG analysis, which leverages Newton's thematic research framework to identify sustainable investment themes, as well as controversy monitoring, company engagement and active proxy voting.

 

 

0035STK1021

October 29, 2021

 

BNY MELLON SUSTAINABLE U.S. EQUITY FUND, INC.

Supplement to Current Statement of Additional Information

 

The following information supplements the portfolio manager information contained in the section of the Statement of Additional Information entitled "Certain Portfolio Manager Information":

 

The following table lists the number and types of accounts (including the funds) advised by each fund's primary portfolio manager(s) and assets under management in those accounts as of the end of the last fiscal year of the funds they manage.

 

Primary
Portfolio Manager
Registered Investment Companies Total Assets Managed Other Pooled Investment Vehicles Total Assets Managed Other Accounts Total Assets Managed
Charles French1 None N/A 7 $1.5B 2 $544.9M

 

1Because Mr. French became a primary portfolio manager of BNYMSUSEF, as of October 29, 2021, his information is as September 30, 2021.

 

 

The following table provides information on accounts managed (included within the table above) by each primary portfolio manager that are subject to performance-based advisory fees.

 

Primary
Portfolio Manager
Type of Account Number of Accounts
Subject to Performance Fees
Total Assets of Accounts
Charles French None N/A N/A

 

 

The following table lists the dollar range of fund shares beneficially owned by the primary portfolio manager(s) as of the end of the fund’s last fiscal year, except if otherwise indicated.

 

Primary
Portfolio Manager
Fund Dollar Range of Fund Shares Beneficially Owned
Charles French 1 BNYMSUSEF None

 

1Mr. French became a primary portfolio manager of BNYMSUSEF as of October 29, 2021, and as of that date did not own shares of the fund.

 

 

GRP1SAISTK1021