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. [
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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. 
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