BNY Mellon Small Cap Value Fund Q1 2025 Commentary
Source: SeekingAlpha
2025-05-28 05:14:00 ET
Summary
- BNY Mellon Small Cap Value Fund underperformed its benchmark, the Russell 2000® Value Index (the “Index”) during the first quarter of 2025.
- Materials contributed to relative returns with several out-of-index holdings feeling significant tailwinds.
- Financials detracted from relative returns in the first quarter of 2025, owing to unfavorable positioning and stock selection.
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BNY Mellon Small Cap Value Fund Q1 2025 Commentary
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