0001775697-23-000348.txt : 20230425 0001775697-23-000348.hdr.sgml : 20230425 20230425103130 ACCESSION NUMBER: 0001775697-23-000348 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230425 DATE AS OF CHANGE: 20230425 PERIOD START: 20231130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BNY Mellon Strategic Funds, Inc. CENTRAL INDEX KEY: 0000737520 IRS NUMBER: 133272460 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03940 FILM NUMBER: 23842487 BUSINESS ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10166 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: 10166 FORMER COMPANY: FORMER CONFORMED NAME: Strategic Funds, Inc. DATE OF NAME CHANGE: 20060518 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS PREMIER NEW LEADERS FUND INC DATE OF NAME CHANGE: 20021213 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS NEW LEADERS FUND INC DATE OF NAME CHANGE: 19920703 0000737520 S000022407 BNY Mellon U.S. Equity Fund C000064456 Class A DPUAX C000064457 Class C DPUCX C000064458 Class I DPUIX C000130442 Class Y DPUYX NPORT-P 1 primary_doc.xml NPORT-P false 0000737520 XXXXXXXX S000022407 C000064456 C000064457 C000064458 C000130442 BNY Mellon Strategic Funds, Inc. 811-03940 0000737520 549300KOXIZHC0IVRM71 240 Greenwich Street New York 10286 212 495 1784 BNY Mellon U.S. Equity Fund S000022407 549300WPQUILDEF0P640 2023-11-30 2023-02-28 N 345365759.73 265801.69 345099958.04 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 UST 0 0 ALPHABET INC 5493006MHB84DD0ZWV18 ALPHABET INC 02079K107 143320.00 NS USD 12941796.00 3.7501586709842 Long EC CORP US N 1 N N N ANSYS INC 549300VJV8H15Z5FJ571 ANSYS INC 03662Q105 27600.00 NS USD 8379636.00 2.4281764760541 Long EC CORP US N 1 N N N HEXCEL CORP S6Q7LW43WUBUHXY2QP69 HEXCEL CORP 428291108 99400.00 NS USD 7251230.00 2.1011970100441 Long EC CORP US N 1 N N ILLUMINA INC SQ95QG8SR5Q56LSNF682 ILLUMINA INC 452327109 20000.00 NS USD 3984000.00 1.1544481264579 Long EC CORP US N 1 N N N METTLER-TOLEDO INTERNATIONAL INC 5493000BD5GJNUDIUG10 METTLER-TOLEDO INTERNATIONAL INC 592688105 4200.00 NS USD 6021582.00 1.7448805367 Long EC CORP US N 1 N N N DOLLAR GENERAL CORP OPX52SQVOZI8IVSWYU66 DOLLAR GENERAL CORP 256677105 28600.00 NS USD 6186180.00 1.7925762828643 Long EC CORP US N 1 N N N INTUITIVE SURGICAL INC 54930052SRG011710797 INTUITIVE SURGICAL INC 46120E602 27700.00 NS USD 6354103.00 1.8412355179896 Long EC CORP US N 1 N N N AMPHENOL CORP 549300D3L3G0R4U4VT04 AMPHENOL CORP 032095101 102200.00 NS USD 7922544.00 2.2957244170634 Long EC CORP US N 1 N N N TEXAS INSTRUMENTS INC WDJNR2L6D8RWOEB8T652 TEXAS INSTRUMENTS INC 882508104 41300.00 NS USD 7080885.00 2.0518359492756 Long EC CORP US N 1 N N N ADOBE INC FU4LY2G4933NH2E1CP29 ADOBE INC 00724F101 23700.00 NS USD 7677615.00 2.2247510673733 Long EC CORP US N 1 N N N ESTEE LAUDER COS INC/THE 549300VFZ8XJ9NUPU221 ESTEE LAUDER COS INC/THE 518439104 29000.00 NS USD 7048450.00 2.0424372231256 Long EC CORP US N 1 N N N MCDONALD'S CORP UE2136O97NLB5BYP9H04 MCDONALD'S CORP 580135101 27400.00 NS USD 7231134.00 2.0953737696954 Long EC CORP US N 1 N N N IPG PHOTONICS CORP 5493002KZ51CADQ94G15 IPG PHOTONICS CORP 44980X109 50300.00 NS USD 6198972.00 1.7962830349812 Long EC CORP US N 1 N N N ECOLAB INC 82DYEISM090VG8LTLS26 ECOLAB INC 278865100 42000.00 NS USD 6693540.00 1.9395945563181 Long EC CORP US N 1 N N N NIKE INC 787RXPR0UX0O0XUXPZ81 NIKE INC 654106103 69100.00 NS USD 8208389.00 2.3785540417389 Long EC CORP US N 1 N N N JACK HENRY & ASSOCIATES INC 529900X1QS8C54W0JB21 JACK HENRY & ASSOCIATES INC 426281101 40300.00 NS USD 6618872.00 1.9179579266227 Long EC CORP US N 1 N N N COGNEX CORP 549300JQTYZCLC43S226 COGNEX CORP 192422103 146000.00 NS USD 6923320.00 2.0061781633707 Long EC CORP US N 1 N N N STRYKER CORP 5493002F0SC4JTBU5137 STRYKER CORP 863667101 27400.00 NS USD 7202912.00 2.0871958492574 Long EC CORP US N 1 N N N MANHATTAN ASSOCIATES INC 529900Q1GJP7KD52SW51 MANHATTAN ASSOCIATES INC 562750109 49600.00 NS USD 7130000.00 2.0660680576418 Long EC CORP US N 1 N N N WALT DISNEY CO/THE 549300GZKULIZ0WOW665 WALT DISNEY CO/THE 254687106 71100.00 NS USD 7082271.00 2.0522375720425 Long EC CORP US N 1 N N N FASTENAL CO 529900PP0C7H2HHPSJ32 FASTENAL CO 311900104 154500.00 NS USD 7966020.00 2.308322506106 Long EC CORP US N 1 N N N WATERS CORP 5T547R1474YC9HOD8Q74 WATERS CORP 941848103 20500.00 NS USD 6373245.00 1.8467823166936 Long EC CORP US N 1 N N N AUTOMATIC DATA PROCESSING INC HGBOLILQXWER4SAL2I23 AUTOMATIC DATA PROCESSING INC 053015103 24500.00 NS USD 5385590.00 1.5605884250428 Long EC CORP US N 1 N N N TORO CO/THE YJKE4YIT6BWQHVEW0D14 TORO CO/THE 891092108 65000.00 NS USD 7178600.00 2.0801509338833 Long EC CORP US N 1 N N N CISCO SYSTEMS INC 8E6NF1YAL0WT6CWXXV93 CISCO SYSTEMS INC 17275R102 152200.00 NS USD 7369524.00 2.1354751944495 Long EC CORP US N 1 N N N PAYCHEX INC 529900K900DW6SUBM174 PAYCHEX INC 704326107 47100.00 NS USD 5199840.00 1.5067634402312 Long EC CORP US N 1 N N N BOOKING HOLDINGS INC FXM8FAOHMYDIPD38UZ17 BOOKING HOLDINGS INC 09857L108 2900.00 NS USD 7319600.00 2.1210086612504 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 MICROSOFT CORP 594918104 56800.00 NS USD 14167056.00 4.1052036286709 Long EC CORP US N 1 N N N EDWARDS LIFESCIENCES CORP YA13X31F3V31L8TMPR58 EDWARDS LIFESCIENCES CORP 28176E108 94500.00 NS USD 7601580.00 2.2027183205623 Long EC CORP US N 1 N N N ALIGN TECHNOLOGY INC 549300N5YSE0U3LCP840 ALIGN TECHNOLOGY INC 016255101 11500.00 NS USD 3559250.00 1.0313678449034 Long EC CORP US N 1 N N N PAYPAL HOLDINGS INC 5493005X2GO78EFZ3E94 PAYPAL HOLDINGS INC 70450Y103 54900.00 NS USD 4040640.00 1.1708607624726 Long EC CORP US N 1 N N N RESMED INC 529900T3QE5253CCXF22 RESMED INC 761152107 35500.00 NS USD 7561500.00 2.1911042942298 Long EC CORP US N 1 N N N NETFLIX INC 549300Y7VHGU0I7CE873 NETFLIX INC 64110L106 10700.00 NS USD 3446791.00 0.9987804749603 Long EC CORP US N 1 N N N O'REILLY AUTOMOTIVE INC 549300K2RLMQL149Q332 O'REILLY AUTOMOTIVE INC 67103H107 9700.00 NS USD 8051970.00 2.333228333533 Long EC CORP US N 1 N N N ELI LILLY & CO FRDRIPF3EKNDJ2CQJL29 ELI LILLY & CO 532457108 19600.00 NS USD 6099912.00 1.7675783082225 Long EC CORP US N 1 N N N COPART INC 549300KVYX3JWMYEHU61 COPART INC 217204106 115800.00 NS USD 8159268.00 2.364320194746 Long EC CORP US N 1 N N N TRACTOR SUPPLY CO 549300OJ9VZHZRO6I137 TRACTOR SUPPLY CO 892356106 30500.00 NS USD 7114430.00 2.0615563213645 Long EC CORP US N 1 N N N MOODY'S CORP 549300GCEDD8YCF5WU84 MOODY'S CORP 615369105 25900.00 NS USD 7514885.00 2.1775966136538 Long EC CORP US N 1 N N N FORTINET INC 549300O0QJWDBAS0QX03 FORTINET INC 34959E109 98700.00 NS USD 5866728.00 1.7000083202907 Long EC CORP US N 1 N N N COSTCO WHOLESALE CORP 29DX7H14B9S6O3FD6V18 COSTCO WHOLESALE CORP 22160K105 14200.00 NS USD 6875356.00 1.9922795815591 Long EC CORP US N 1 N N N TE CONNECTIVITY LTD 894500ZRIX9K13RHXR17 TE CONNECTIVITY LTD N/A 27300.00 NS USD 3475836.00 1.0071968770268 Long EC CORP CH N 1 N N N LINDE PLC 8945002PAZHZLBGKGF02 LINDE PLC N/A 21100.00 NS USD 7350607.00 2.1299935942466 Long EC CORP IE N 1 N N N TJX COS INC/THE V167QI9I69W364E2DY52 TJX COS INC/THE 872540109 92400.00 NS USD 7077840.00 2.0509535962272 Long EC CORP US N 1 N N N OLD DOMINION FREIGHT LINE INC 5299009TWK32WE417T96 OLD DOMINION FREIGHT LINE INC 679580100 24200.00 NS USD 8210092.00 2.3790475219496 Long EC CORP US N 1 N N N COGNIZANT TECHNOLOGY SOLUTIONS CORP 5493006IEVQEFQO40L83 COGNIZANT TECHNOLOGY SOLUTIONS CORP 192446102 109700.00 NS USD 6870511.00 1.9908756405017 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 MASTERCARD INC 57636Q104 28700.00 NS USD 10196823.00 2.954744781168 Long EC CORP US N 1 N N N WEST PHARMACEUTICAL SERVICES INC 5493007NKRGM1RJQ1P16 WEST PHARMACEUTICAL SERVICES INC 955306105 29900.00 NS USD 9479197.00 2.7467974942208 Long EC CORP US N 1 N N N FMC CORP CKDHZ2X64EEBQCSP7013 FMC CORP 302491303 52000.00 NS USD 6715800.00 1.946044861362 Long EC CORP US N 1 N N N DREYFUS INSTITUTIONAL PREFERRE 549300RBWL04JG8SIX57 Dreyfus Institutional Preferred Government Plus Money Market Fund N/A 1317058.24 OU Other Units USD 1317058.24 0.3816454361455 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 c10899bnymello-february20231.htm Untitled Document

STATEMENT OF INVESTMENTS
BNY Mellon U.S. Equity Fund

February 28, 2023 (Unaudited)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 98.6%

     

Capital Goods - 6.5%

     

Fastenal Co.

   

154,500

 

7,966,020

 

Hexcel Corp.

   

99,400

a 

7,251,230

 

The Toro Company

   

65,000

 

7,178,600

 
    

22,395,850

 

Commercial & Professional Services - 2.4%

     

Copart, Inc.

   

115,800

b 

 8,159,268

 

Consumer Durables & Apparel - 2.4%

     

NIKE, Inc., Cl. B

   

69,100

 

 8,208,389

 

Consumer Services - 4.2%

     

Booking Holdings, Inc.

   

2,900

b 

7,319,600

 

McDonald's Corp.

   

27,400

 

7,231,134

 
    

14,550,734

 

Diversified Financials - 2.2%

     

Moody's Corp.

   

25,900

 

 7,514,885

 

Food & Staples Retailing - 2.0%

     

Costco Wholesale Corp.

   

14,200

 

 6,875,356

 

Health Care Equipment & Services - 9.4%

     

Align Technology, Inc.

   

11,500

b 

3,559,250

 

Edwards Lifesciences Corp.

   

94,500

b 

7,601,580

 

Intuitive Surgical, Inc.

   

27,700

b 

6,354,103

 

ResMed, Inc.

   

35,500

 

7,561,500

 

Stryker Corp.

   

27,400

 

7,202,912

 
    

32,279,345

 

Household & Personal Products - 2.0%

     

The Estee Lauder Companies, Inc., Cl. A

   

29,000

 

 7,048,450

 

Materials - 6.0%

     

Ecolab, Inc.

   

42,000

 

6,693,540

 

FMC Corp.

   

52,000

 

6,715,800

 

Linde PLC

   

21,100

 

7,350,607

 
    

20,759,947

 

Media & Entertainment - 6.8%

     

Alphabet, Inc., Cl. C

   

143,320

b 

12,941,796

 

Netflix, Inc.

   

10,700

b 

3,446,791

 

The Walt Disney Company

   

71,100

b 

7,082,271

 
    

23,470,858

 

Pharmaceuticals Biotechnology & Life Sciences - 9.3%

     

Eli Lilly & Co.

   

19,600

 

6,099,912

 

Illumina, Inc.

   

20,000

b 

3,984,000

 

Mettler-Toledo International, Inc.

   

4,200

b 

6,021,582

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 98.6% (continued)

     

Pharmaceuticals Biotechnology & Life Sciences - 9.3% (continued)

     

Waters Corp.

   

20,500

b 

6,373,245

 

West Pharmaceutical Services, Inc.

   

29,900

 

9,479,197

 
    

31,957,936

 

Retailing - 8.2%

     

Dollar General Corp.

   

28,600

 

6,186,180

 

O'Reilly Automotive, Inc.

   

9,700

b 

8,051,970

 

The TJX Companies, Inc.

   

92,400

 

7,077,840

 

Tractor Supply Co.

   

30,500

 

7,114,430

 
    

28,430,420

 

Semiconductors & Semiconductor Equipment - 2.0%

     

Texas Instruments, Inc.

   

41,300

 

 7,080,885

 

Software & Services - 23.6%

     

Adobe, Inc.

   

23,700

b 

7,677,616

 

Ansys, Inc.

   

27,600

b 

8,379,636

 

Automatic Data Processing, Inc.

   

24,500

 

5,385,590

 

Cognizant Technology Solutions Corp., Cl. A

   

109,700

 

6,870,511

 

Fortinet, Inc.

   

98,700

b 

5,866,728

 

Jack Henry & Associates, Inc.

   

40,300

 

6,618,872

 

Manhattan Associates, Inc.

   

49,600

b 

7,130,000

 

Mastercard, Inc., Cl. A

   

28,700

 

10,196,823

 

Microsoft Corp.

   

56,800

 

14,167,056

 

Paychex, Inc.

   

47,100

 

5,199,840

 

PayPal Holdings, Inc.

   

54,900

b 

4,040,640

 
    

81,533,312

 

Technology Hardware & Equipment - 9.2%

     

Amphenol Corp., Cl. A

   

102,200

 

7,922,544

 

Cisco Systems, Inc.

   

152,200

 

7,369,524

 

Cognex Corp.

   

146,000

 

6,923,320

 

IPG Photonics Corp.

   

50,300

b 

6,198,972

 

TE Connectivity Ltd.

   

27,300

 

3,475,836

 
    

31,890,196

 

Transportation - 2.4%

     

Old Dominion Freight Line, Inc.

   

24,200

 

 8,210,092

 

Total Common Stocks (cost $177,123,169)

   

340,365,923

 
  

1-Day
Yield (%)

     

Investment Companies - .4%

     

Registered Investment Companies - .4%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares
(cost $1,317,058)

 

4.65

 

1,317,058

c 

 1,317,058

 

Total Investments (cost $178,440,227)

 

99.0%

 

341,682,981

 


      

Cash and Receivables (Net)

 

1.0%

 

3,416,977

 

Net Assets

 

100.0%

 

345,099,958

 

a Security, or portion thereof, on loan. At February 28, 2023, the value of the fund’s securities on loan was $953,165 and the value of the collateral was $997,779, consisting of U.S. Government & Agency securities. In addition, the value of collateral may include pending sales that are also on loan.

b Non-income producing security.

c 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 U.S. Equity Fund

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

340,365,923

-

 

-

340,365,923

 

Investment Companies

1,317,058

-

 

-

1,317,058

 

 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 Company’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 fund's Board (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 $163,242,754, consisting of $179,076,771 gross unrealized appreciation and $15,834,017 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.