BNY Mellon Small Cap Growth Fund Faces Liquidation Vote
| Field | Detail |
|---|---|
| Company | Bny Mellon Investment Funds I |
| Form Type | DEF 14A |
| Filed Date | Apr 3, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: liquidation, shareholder-meeting, fund-termination
TL;DR
BNY Mellon Small Cap Growth Fund shareholders vote May 28 on liquidation. Get out or stay?
AI Summary
BNY Mellon Investment Funds I is holding a special shareholder meeting on May 28, 2025, for the BNY Mellon Small Cap Growth Fund. Shareholders of record as of March 31, 2025, will vote on a proposed liquidation and termination of the Fund, as outlined in a plan of liquidation and dissolution.
Why It Matters
Shareholders of the BNY Mellon Small Cap Growth Fund will decide the future of their investment, with a vote on its potential liquidation and termination.
Risk Assessment
Risk Level: medium — The filing concerns a shareholder vote on the liquidation of a fund, which directly impacts the investment's future and potential returns.
Key Numbers
- May 28, 2025 — Special Meeting Date (Shareholders will vote on the liquidation proposal on this date.)
- March 31, 2025 — Record Date (Shareholders of record on this date are eligible to vote.)
Key Players & Entities
- BNY Mellon Investment Funds I (company) — Trust name
- BNY Mellon Small Cap Growth Fund (company) — Fund name
- May 28, 2025 (date) — Special meeting date
- March 31, 2025 (date) — Record date for voting eligibility
- 240 Greenwich Street, New York, NY 10286 (address) — Fund's business and mailing address
FAQ
What is the primary purpose of the special shareholder meeting for the BNY Mellon Small Cap Growth Fund?
The primary purpose is to vote on the proposed liquidation and termination of the Fund.
When will the special shareholder meeting be held?
The special shareholder meeting will be held on May 28, 2025.
Who is eligible to vote at the special meeting?
Shareholders of record at the close of business on March 31, 2025, are entitled to vote.
What is the name of the Trust that the BNY Mellon Small Cap Growth Fund is a series of?
The BNY Mellon Small Cap Growth Fund is a series of BNY Mellon Investment Funds I.
What action is being proposed for the BNY Mellon Small Cap Growth Fund?
The proposed action is the liquidation and termination of the Fund pursuant to a plan of liquidation and dissolution.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 3, 2025 regarding BNY Mellon Investment Funds I.