BNY Mellon Appreciation Fund, Inc. Investor Shares
DGAGX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 240 Greenwich Street New York NY United States of America 10286
- IPO Date
- Jan 2, 1986
- CIK
- 0000318478
- Website
- bny.com
- Similar Companies
- Business
- BNY Mellon Appreciation Fund, Inc. (Investor Shares: DGAGX) is an open-end mutual fund that seeks long-term capital growth consistent with the preservation of capital and current income as a secondary objective; it invests primarily in common stocks of blue chip companies with market capitalizations exceeding $5 billion at the time of purchase, including multinational firms via U.S. dollar-denominated American Depositary Receipts, with typical allocations of approximately 87% to U.S. stocks, 13% to non-U.S. stocks, and minimal cash. The fund, classified in the large growth category by Morningstar, maintains a blend investment style focused on large-cap equities and is managed by a team including Alan R. Christensen, CFA (since 2020), Catherine Crain, CFA (since 2000), Gentry Lee, CFA (since 2010), and Christopher Sarofim (since 2000), under the sub-advisory of Sarofim & Associates. Launched on January 18, 1984, the fund is domiciled in the United States, c/o BNY Mellon Investment Adviser, Inc. at 240 Greenwich Street, New York, New York 10286, and serves individual and institutional investors with a minimum initial investment of $2,500, featuring a net expense ratio of 0.88% and quarterly dividend distributions. In recent developments, BNY Mellon, the fund's parent entity formed by the 2007 merger of Bank of New York and Mellon Financial, acquired Archer in late 2024 to enhance capabilities across asset servicing, investments, and managed accounts, integrating it into its unified operating model amid strategic AI initiatives and client expansion efforts. The fund maintained its focus on large-cap growth amid market volatility, posting a year-to-date return of 6.36% as of October 2025 and distributing capital gains of $0.9258 per share in 2025, with quarterly qualified dividends. No fund-specific acquisitions, launches, or reorganizations were reported in 2024-2025; operations remain centered in the U.S. with global equity exposure.