0001775697-23-000308.txt : 20230424 0001775697-23-000308.hdr.sgml : 20230424 20230424121110 ACCESSION NUMBER: 0001775697-23-000308 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230424 DATE AS OF CHANGE: 20230424 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: 23838773 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 2023-02-28 N 378579725.03 330725.18 378248999.85 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 211624.00 NS USD 8213127.44 2.1713547010717 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 MASTERCARD INC 57636Q104 38163.00 NS USD 13558932.27 3.5846577982696 Long EC CORP US N 1 N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC/THE 38141G104 27588.00 NS USD 9701320.20 2.5647973170708 Long EC CORP US N 1 N N N MEDTRONIC PLC 549300GX3ZBSQWUXY261 MEDTRONIC PLC N/A 115505.00 NS USD 9563814.00 2.5284439625201 Long EC CORP IE N 1 N N N INTUIT INC VI90HBPH7XSFMB9E4M29 INTUIT INC 461202103 25395.00 NS USD 10340336.10 2.7337378563064 Long EC CORP US N 1 N N N AMAZON.COM INC ZXTILKJKG63JELOEG630 AMAZON.COM INC 023135106 166455.00 NS USD 15685054.65 4.1467537670212 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 MICROSOFT CORP 594918104 105745.00 NS USD 26374917.90 6.9728982523309 Long EC CORP US N 1 N N N FIRST REPUBLIC BANK/CA YWC0TIKBQM2JV8L4IV08 FIRST REPUBLIC BANK/CA 33616C100 46412.00 NS USD 5709140.12 1.5093602685701 Long EC CORP US N 1 N N N NIKE INC 787RXPR0UX0O0XUXPZ81 NIKE INC 654106103 92843.00 NS USD 11028819.97 2.9157565451259 Long EC CORP US N 1 N N N FIDELITY NATIONAL INFORMATION SERVICES INC 6WQI0GK1PRFVBA061U48 FIDELITY NATIONAL INFORMATION SERVICES INC 31620M106 93185.00 NS USD 5905133.45 1.5611762231603 Long EC CORP US N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC 02079K305 154139.00 NS USD 13881758.34 3.6700052995526 Long EC CORP US N 1 N N N NORFOLK SOUTHERN CORP 54930036C8MWP850MI84 NORFOLK SOUTHERN CORP 655844108 32009.00 NS USD 7196263.38 1.9025201343172 Long EC CORP US N 1 N N N PEPSICO INC FJSUNZKFNQ5YPJ5OT455 PEPSICO INC 713448108 70417.00 NS USD 12219462.01 3.2305338586079 Long EC CORP US N 1 N N N ALBEMARLE CORP HDBLS2Q6GV1LSKQPBS54 ALBEMARLE CORP 012653101 31202.00 NS USD 7934980.62 2.0978193261969 Long EC CORP US N 1 N N N COSTCO WHOLESALE CORP 29DX7H14B9S6O3FD6V18 COSTCO WHOLESALE CORP 22160K105 21173.00 NS USD 10251543.14 2.7102631187565 Long EC CORP US N 1 N N N SALESFORCE INC RCGZFPDMRW58VJ54VR07 SALESFORCE INC 79466L302 39941.00 NS USD 6534747.01 1.7276310083017 Long EC CORP US N 1 N N N COOPER COS INC/THE QJKMVPIGLH7530PCUE20 COOPER COS INC/THE 216648402 30267.00 NS USD 9896400.99 2.6163720178836 Long EC CORP US N 1 N N N INGERSOLL RAND INC 5299004C02FMZCUOIR50 INGERSOLL RAND INC 45687V106 201157.00 NS USD 11681186.99 3.0882268015599 Long EC CORP US N 1 N N N TEXAS INSTRUMENTS INC WDJNR2L6D8RWOEB8T652 TEXAS INSTRUMENTS INC 882508104 47604.00 NS USD 8161705.80 2.1577600478088 Long EC CORP US N 1 N N N SOLAREDGE TECHNOLOGIES INC 5493000K6Y58XXPDF853 SOLAREDGE TECHNOLOGIES INC 83417M104 19134.00 NS USD 6083081.28 1.6082213786189 Long EC CORP US N 1 N N N TRANE TECHNOLOGIES PLC 549300BURLR9SLYY2705 TRANE TECHNOLOGIES PLC N/A 57878.00 NS USD 10705693.66 2.830329667559 Long EC CORP IE N 1 N N N NEXTERA ENERGY INC 5493008F4ZOQFNG3WN54 NEXTERA ENERGY INC 65339F101 114264.00 NS USD 8116171.92 2.1457219776439 Long EC CORP US N 1 N N N CHUBB LTD E0JAN6VLUDI1HITHT809 CHUBB LTD N/A 41716.00 NS USD 8802910.32 2.327279205891 Long EC CORP CH N 1 N N N ELI LILLY & CO FRDRIPF3EKNDJ2CQJL29 ELI LILLY & CO 532457108 30824.00 NS USD 9593045.28 2.5361720146792 Long EC CORP US N 1 N N N PROGRESSIVE CORP/THE 529900TACNVLY9DCR586 PROGRESSIVE CORP/THE 743315103 67754.00 NS USD 9724054.08 2.570807611879 Long EC CORP US N 1 N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE & CO 46625H100 83511.00 NS USD 11971301.85 3.1649262403198 Long EC CORP US N 1 N N N ECOLAB INC 82DYEISM090VG8LTLS26 ECOLAB INC 278865100 29648.00 NS USD 4725001.76 1.2491775951486 Long EC CORP US N 1 N N N TE CONNECTIVITY LTD 894500ZRIX9K13RHXR17 TE CONNECTIVITY LTD N/A 52398.00 NS USD 6671313.36 1.7637358889635 Long EC CORP CH N 1 N N N EDWARDS LIFESCIENCES CORP YA13X31F3V31L8TMPR58 EDWARDS LIFESCIENCES CORP 28176E108 92853.00 NS USD 7469095.32 1.9746503818812 Long EC CORP US N 1 N N N MERCK & CO INC 4YV9Y5M8S0BRK1RP0397 MERCK & CO INC 58933Y105 52669.00 NS USD 5595554.56 1.4793309598224 Long EC CORP US N 1 N N N ABBVIE INC FR5LCKFTG8054YNNRU85 ABBVIE INC 00287Y109 56811.00 NS USD 8743212.90 2.3114966340868 Long EC CORP US N 1 N N N DANAHER CORP S4BKK9OTCEWQ3YHPFM11 DANAHER CORP 235851102 37372.00 NS USD 9250691.16 2.4456617634596 Long EC CORP US N 1 N N N APPLIED MATERIALS INC 41BNNE1AFPNAZELZ6K07 APPLIED MATERIALS INC 038222105 40442.00 NS USD 4697338.30 1.2418640371455 Long EC CORP US N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 APPLE INC 037833100 180636.00 NS USD 26627552.76 7.039688874408 Long EC CORP US N 1 N N N DARLING INGREDIENTS INC L1N0SPPKS7EXZYUMZ898 DARLING INGREDIENTS INC 237266101 101812.00 NS USD 6441645.24 1.7030171243161 Long EC CORP US N 1 N N N ACCENTURE PLC N/A ACCENTURE PLC N/A 34252.00 NS USD 9095618.60 2.4046642829477 Long EC CORP IE N 1 N N N CF INDUSTRIES HOLDINGS INC 529900CG8YAQFZ2JMV97 CF INDUSTRIES HOLDINGS INC 125269100 62995.00 NS USD 5410640.55 1.430444112779 Long EC CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 CMS ENERGY CORP 125896100 114756.00 NS USD 6767161.32 1.7890757999845 Long EC CORP US N 1 N N N DREYFUS INSTITUTIONAL PREFERRE 549300RBWL04JG8SIX57 Dreyfus Institutional Preferred Government Plus Money Market Fund N/A 7999395.20 OU Other Units USD 7999395.20 2.1148490024222 Long STIV RF US N 1 2099-12-01 Variable 4.641743 N N N N N N 2023-04-24 BNY Mellon Advantage Funds, Inc. James Windels James Windels Fund Treasurer XXXX NPORT-EX 2 c10743bnymello-february20231.htm Untitled Document

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

February 28, 2023 (Unaudited)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 97.9%

     

Banks - 4.7%

     

First Republic Bank

   

46,412

 

5,709,140

 

JPMorgan Chase & Co.

   

83,511

 

11,971,302

 
    

17,680,442

 

Capital Goods - 5.9%

     

Ingersoll Rand, Inc.

   

201,157

 

11,681,187

 

Trane Technologies PLC

   

57,878

 

10,705,694

 
    

22,386,881

 

Consumer Durables & Apparel - 2.9%

     

NIKE, Inc., Cl. B

   

92,843

 

 11,028,820

 

Diversified Financials - 2.6%

     

The Goldman Sachs Group, Inc.

   

27,588

 

 9,701,320

 

Food & Staples Retailing - 2.7%

     

Costco Wholesale Corp.

   

21,173

 

 10,251,543

 

Food, Beverage & Tobacco - 4.9%

     

Darling Ingredients, Inc.

   

101,812

a 

6,441,645

 

PepsiCo, Inc.

   

70,417

 

12,219,462

 
    

18,661,107

 

Health Care Equipment & Services - 7.1%

     

Edwards Lifesciences Corp.

   

92,853

a 

7,469,095

 

Medtronic PLC

   

115,505

 

9,563,814

 

The Cooper Companies, Inc.

   

30,267

 

9,896,401

 
    

26,929,310

 

Insurance - 4.9%

     

Chubb Ltd.

   

41,716

 

8,802,910

 

The Progressive Corp.

   

67,754

 

9,724,054

 
    

18,526,964

 

Materials - 4.8%

     

Albemarle Corp.

   

31,202

 

7,934,981

 

CF Industries Holdings, Inc.

   

62,995

 

5,410,641

 

Ecolab, Inc.

   

29,648

 

4,725,002

 
    

18,070,624

 

Media & Entertainment - 3.7%

     

Alphabet, Inc., Cl. A

   

154,139

a 

 13,881,758

 

Pharmaceuticals Biotechnology & Life Sciences - 8.8%

     

AbbVie, Inc.

   

56,811

 

8,743,213

 

Danaher Corp.

   

37,372

 

9,250,691

 

Eli Lilly & Co.

   

30,824

 

9,593,045

 

Merck & Co., Inc.

   

52,669

 

5,595,555

 
    

33,182,504

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 97.9% (continued)

     

Retailing - 4.1%

     

Amazon.com, Inc.

   

166,455

a 

 15,685,055

 

Semiconductors & Semiconductor Equipment - 5.0%

     

Applied Materials, Inc.

   

40,442

 

4,697,338

 

SolarEdge Technologies, Inc.

   

19,134

a 

6,083,081

 

Texas Instruments, Inc.

   

47,604

 

8,161,706

 
    

18,942,125

 

Software & Services - 19.0%

     

Accenture PLC, Cl. A

   

34,252

 

9,095,619

 

Fidelity National Information Services, Inc.

   

93,185

 

5,905,134

 

Intuit, Inc.

   

25,395

 

10,340,336

 

Mastercard, Inc., Cl. A

   

38,163

 

13,558,932

 

Microsoft Corp.

   

105,745

 

26,374,918

 

Salesforce, Inc.

   

39,941

a 

6,534,747

 
    

71,809,686

 

Technology Hardware & Equipment - 8.8%

     

Apple, Inc.

   

180,636

 

26,627,553

 

TE Connectivity Ltd.

   

52,398

 

6,671,313

 
    

33,298,866

 

Telecommunication Services - 2.2%

     

Verizon Communications, Inc.

   

211,624

 

 8,213,128

 

Transportation - 1.9%

     

Norfolk Southern Corp.

   

32,009

 

 7,196,263

 

Utilities - 3.9%

     

CMS Energy Corp.

   

114,756

 

6,767,161

 

NextEra Energy, Inc.

   

114,264

 

8,116,172

 
    

14,883,333

 

Total Common Stocks (cost $280,761,330)

   

370,329,729

 
  

1-Day
Yield (%)

     

Investment Companies - 2.1%

     

Registered Investment Companies - 2.1%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares
(cost $7,999,395)

 

4.65

 

7,999,395

b 

 7,999,395

 

Total Investments (cost $288,760,725)

 

100.0%

 

378,329,124

 

Liabilities, Less Cash and Receivables

 

(.0%)

 

(80,124)

 

Net Assets

 

100.0%

 

378,249,000

 

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.

February 28, 2023 (Unaudited)

The following is a summary of the inputs used as of February 28, 2023 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

370,329,729

-

 

-

370,329,729

 

Investment Companies

7,999,395

-

 

-

7,999,395

 

 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:

The fund’s Board of Directors (the “Board”) has designated the Adviser as the fund’s valuation designee to make all fair value determinations with respect to the fund’s portfolio investments, subject to the Board’s oversight and pursuant to Rule 2a-5 under the Act.


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 February 28, 2023, accumulated net unrealized appreciation on investments was $89,568,399, consisting of $107,790,756 gross unrealized appreciation and $18,222,357 gross unrealized depreciation.


At February 28, 2023, 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.