Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Dreyfus Gives Long Warning on Opportunistic Closing Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, July 30, 2010

Dreyfus Gives Long Warning on Opportunistic Closing

Reported by Sean Hanna, Editor in Chief

BNY Mellon is giving fund investor plenty of lead time before it turns off the flows into its Dreyfus Opportunistic Small Company Value Fund (DSCVX). The bank-owned Dreyfus Funds will be closing the fund in four months at the end of November. [SEC sticker]

As is typical, the fund will remain open through employer-sponsored retirement plans and broker-dealer wrap programs.

The fund carries a four-star rating from Morningstar and holds $523 million in assets, according to the fund tracker's Web site. However, the fund reported $604 million in net assets as of the end of May, its most recently reported data.

The fund's board provided no reason for the closing. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use