On March 4, 2020, the team at subadvisor Fayez Sarofim & Co. added Alan Christensen to its stable of portfolio managers. As the firm has a long history of applying its team-based approach and collaborating with the broader investment group, the change does not alter BNY Mellon Appreciation's Morningstar Analyst Rating of Bronze across all share classes or BNY Mellon Worldwide Growth's Bronze rating for its A, I, and Y shares and Neutral for its pricier C shares.
Will PGROX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PGROX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PGROX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PGROX’s parent organization’s priorities and whether they’re in line with investors’ interests.