0001775697-22-001050.txt : 20221024 0001775697-22-001050.hdr.sgml : 20221024 20221024133634 ACCESSION NUMBER: 0001775697-22-001050 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220831 FILED AS OF DATE: 20221024 DATE AS OF CHANGE: 20221024 PERIOD START: 20230531 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: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-02192 FILM NUMBER: 221325707 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 NPORT-P 1 primary_doc.xml NPORT-P false 0000030167 XXXXXXXX S000000095 C000000149 C000000151 C000000152 C000000154 C000174003 BNY Mellon Sustainable U.S. Equity Fund, Inc. 811-02192 0000030167 549300QQ876PDFBOND85 240 Greenwich Street New York 10286 212 495 1784 BNY Mellon Sustainable U.S. Equity Fund, Inc. S000000095 549300QQ876PDFBOND85 2023-05-31 2022-08-31 N 447843116.19 380170.58 447462945.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N 0 0 VERIZON COMMUNICATIONS 2S72QS2UO2OESLG6Y829 VERIZON COMMUNICATIONS INC 92343V104 241173.00 NS USD 10083443.13 2.2534699753191 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 MASTERCARD INC 57636Q104 39939.00 NS USD 12955013.43 2.8952148009348 Long EC CORP US N 1 N N N FIDELITY NATIONAL INFORMATION SERVICES INC 6WQI0GK1PRFVBA061U48 FIDELITY NATIONAL INFORMATION SERVICES INC 31620M106 71555.00 NS USD 6537980.35 1.4611221809857 Long EC CORP US N 1 N N N ECOLAB INC 82DYEISM090VG8LTLS26 ECOLAB INC 278865100 49009.00 NS USD 8029144.47 1.7943708074093 Long EC CORP US N 1 N N N MERCK & CO INC 4YV9Y5M8S0BRK1RP0397 MERCK & CO INC 58933Y105 60022.00 NS USD 5123477.92 1.1450060770988 Long EC CORP US N 1 N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC/THE 38141G104 37626.00 NS USD 12517041.42 2.7973358560307 Long EC CORP US N 1 N N N SALESFORCE INC RCGZFPDMRW58VJ54VR07 SALESFORCE INC 79466L302 68090.00 NS USD 10630210.80 2.3756628128187 Long EC CORP US N 1 N N N AMAZON.COM INC ZXTILKJKG63JELOEG630 AMAZON.COM INC 023135106 189697.00 NS USD 24047888.69 5.3742748815138 Long EC CORP US N 1 N N N MEDTRONIC PLC 549300GX3ZBSQWUXY261 MEDTRONIC PLC N/A 131631.00 NS USD 11572997.52 2.5863588557535 Long EC CORP IE N 1 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC 172967424 96373.00 NS USD 4703966.13 1.0512526626282 Long EC CORP US N 1 N N N ABBOTT LABORATORIES HQD377W2YR662HK5JX27 ABBOTT LABORATORIES 002824100 90518.00 NS USD 9291672.70 2.0765233839269 Long EC CORP US N 1 N N N INTUIT INC VI90HBPH7XSFMB9E4M29 INTUIT INC 461202103 23345.00 NS USD 10079904.10 2.2526790651365 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC 02079K305 175660.00 NS USD 19009925.20 4.2483797566935 Long EC CORP US N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 APPLE INC 037833100 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67493.00 NS USD 11150518.53 2.4919423249223 Long EC CORP US N 1 N N N INGERSOLL RAND INC 5299004C02FMZCUOIR50 INGERSOLL RAND INC 45687V106 229245.00 NS USD 10859335.65 2.4268681365774 Long EC CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 CMS ENERGY CORP 125896100 130779.00 NS USD 8832813.66 1.9739765597704 Long EC CORP US N 1 N N N DREYFUS INSTITUTIONAL PREFERRE 549300RBWL04JG8SIX57 Dreyfus Institutional Preferred Government Plus Money Market Fund N/A 5445341.25 OU Other Units USD 5445341.25 1.2169367996665 Long STIV RF US N 1 2099-12-01 Variable 2.360799 N N N N N N 2022-10-20 BNY Mellon Advantage Funds, Inc. James Windels James Windels Fund Treasurer XXXX NPORT-EX 2 c10743bnymellons-august20221.htm Untitled Document

STATEMENT OF INVESTMENTS
BNY Mellon Sustainable U.S. Equity Fund, Inc.

August 31, 2022 (Unaudited)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 98.8%

     

Banks - 4.9%

     

Citigroup Inc.

   

96,373

 

4,703,966

 

First Republic Bank

   

52,893

 

8,030,744

 

JPMorgan Chase & Co.

   

79,356

 

9,025,158

 
    

21,759,868

 

Capital Goods - 4.9%

     

Ingersoll Rand Inc.

   

229,245

 

10,859,336

 

Trane Technologies PLC

   

72,857

 

11,225,078

 
    

22,084,414

 

Consumer Durables & Apparel - 2.5%

     

NIKE Inc., Cl. B

   

105,807

 

 11,263,155

 

Diversified Financials - 2.8%

     

The Goldman Sachs Group Inc.

   

37,626

 

 12,517,041

 

Food & Staples Retailing - 2.8%

     

Costco Wholesale Corp.

   

24,130

 

 12,598,273

 

Food, Beverage & Tobacco - 3.6%

     

PepsiCo Inc.

   

92,736

 

 15,975,631

 

Health Care Equipment & Services - 9.0%

     

Abbott Laboratories

   

90,518

 

9,291,672

 

Edwards Lifesciences Corp.

   

105,819

a 

9,534,292

 

Medtronic PLC

   

131,631

 

11,572,998

 

The Cooper Companies

   

34,493

 

9,914,668

 
    

40,313,630

 

Insurance - 2.8%

     

Chubb Ltd.

   

67,015

 

 12,669,186

 

Materials - 6.1%

     

Albemarle Corp.

   

43,914

 

11,767,195

 

CF Industries Holdings Inc.

   

71,791

 

7,427,497

 

Ecolab Inc.

   

49,009

 

8,029,145

 
    

27,223,837

 

Media & Entertainment - 4.2%

     

Alphabet Inc., Cl. A

   

175,660

a 

 19,009,925

 

Pharmaceuticals Biotechnology & Life Sciences - 5.5%

     

AbbVie Inc.

   

64,743

 

8,705,344

 

Eli Lilly & Co.

   

35,128

 

10,581,607

 

Merck & Co.

   

60,022

 

5,123,478

 
    

24,410,429

 

Retailing - 5.4%

     

Amazon.com Inc.

   

189,697

a 

 24,047,889

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 98.8% (continued)

     

Semiconductors & Semiconductor Equipment - 4.8%

     

Applied Materials Inc.

   

43,978

 

4,137,010

 

SolarEdge Technologies Inc.

   

21,806

a 

6,017,802

 

Texas Instruments Inc.

   

67,493

 

11,150,519

 
    

21,305,331

 

Software & Services - 19.0%

     

Accenture PLC, Cl. A

   

46,796

 

13,498,774

 

Fidelity National Information Services Inc.

   

71,555

 

6,537,980

 

Intuit Inc.

   

23,345

 

10,079,904

 

Mastercard Inc., Cl. A

   

39,939

 

12,955,013

 

Microsoft Corp.

   

120,509

 

31,509,488

 

Salesforce Inc.

   

68,090

a 

10,630,211

 
    

85,211,370

 

Technology Hardware & Equipment - 9.6%

     

Apple Inc.

   

206,740

 

32,503,663

 

TE Connectivity Ltd.

   

84,116

 

10,616,280

 
    

43,119,943

 

Telecommunication Services - 2.3%

     

Verizon Communications Inc.

   

241,173

 

 10,083,443

 

Transportation - 2.0%

     

Norfolk Southern Corp.

   

36,479

 

 8,869,139

 

Utilities - 6.6%

     

CMS Energy Corp.

   

130,779

 

8,832,814

 

Eversource Energy

   

107,198

a 

9,614,589

 

NextEra Energy Inc.

   

130,218

 

11,076,343

 
    

29,523,746

 

Total Common Stocks (cost $334,584,924)

   

441,986,250

 
  

1-Day
Yield (%)

     

Investment Companies - 1.2%

     

Registered Investment Companies - 1.2%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares
(cost $5,445,341)

 

2.34

 

5,445,341

b 

 5,445,341

 

Total Investments (cost $340,030,265)

 

100.0%

 

447,431,591

 

Cash and Receivables (Net)

 

.0%

 

31,355

 

Net Assets

 

100.0%

 

447,462,946

 

a Non-income producing security.

b Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company’s prospectus.


STATEMENT OF INVESTMENTS
BNY Mellon Sustainable U.S. Equity Fund, Inc.

August 31, 2022 (Unaudited)

The following is a summary of the inputs used as of August 31, 2022 in valuing the fund’s investments:

       
 

Level 1-Unadjusted Quoted Prices

Level 2- Other Significant Observable Inputs

 

Level 3-Significant Unobservable Inputs

Total

 

Assets ($)

  

Investments in Securities:

  

Equity Securities - Common Stocks

441,986,250

-

 

-

441,986,250

 

Investment Companies

5,445,341

-

 

-

5,445,341

 

 See Statement of Investments for additional detailed categorizations, if any.


The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the SEC under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

Level 1—unadjusted quoted prices in active markets for identical investments.

Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows:

Investments in equity securities are valued at the last sales price on the securities exchange or national securities market on which such securities are primarily traded. Securities listed on the National Market System for which market quotations are available are valued at the official closing price or, if there is no official closing price that day, at the last sales price. For open short positions, asked prices are used for valuation


purposes. Bid price is used when no asked price is available. Registered investment companies that are not traded on an exchange are valued at their net asset value. All of the preceding securities are generally categorized within Level 1 of the fair value hierarchy.

Securities not listed on an exchange or the national securities market, or securities for which there were no transactions, are valued at the average of the most recent bid and asked prices. U.S. Treasury Bills are valued at the mean price between quoted bid prices and asked prices by an independent pricing service (the “Service”) approved by the Board Members (“Board”). These securities are generally categorized within Level 2 of the fair value hierarchy.

The Service’s procedures are reviewed by BNY Mellon under the general supervision of the Board.

Fair valuing of securities may be determined with the assistance of a pricing service using calculations based on indices of domestic securities and other appropriate indicators, such as prices of relevant American Depository Receipts and futures. Utilizing these techniques may result in transfers between Level 1 and Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

At August 31, 2022, accumulated net unrealized appreciation on investments was $107,401,326, consisting of $131,702,571 gross unrealized appreciation and $24,301,245 gross unrealized depreciation.

At August 31, 2022, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.