NPORT-EX 2 c10743bnymello-february20211.htm Untitled Document

STATEMENT OF INVESTMENTS
BNY Mellon Sustainable U.S. Equity Fund, Inc.

February 28, 2021 (Unaudited)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 98.5%

     

Banks - 6.7%

     

Citigroup

   

261,826

 

17,249,097

 

First Republic Bank

   

75,789

 

12,486,238

 
    

29,735,335

 

Capital Goods - 1.6%

     

Ferguson

   

61,121

 

7,180,166

 

Consumer Durables & Apparel - 5.1%

     

Lennar, Cl. A

   

109,774

 

9,107,949

 

NIKE, Cl. B

   

100,184

 

13,502,799

 
    

22,610,748

 

Diversified Financials - 3.2%

     

The Goldman Sachs Group

   

43,618

 

13,935,079

 

Food & Staples Retailing - 2.0%

     

Costco Wholesale

   

27,109

 

8,973,079

 

Food, Beverage & Tobacco - 2.9%

     

Beyond Meat

   

10,629

a

1,546,307

 

PepsiCo

   

87,805

 

11,343,528

 
    

12,889,835

 

Health Care Equipment & Services - 8.5%

     

Abbott Laboratories

   

123,710

 

14,817,984

 

Medtronic

   

124,633

 

14,578,322

 

The Cooper Companies

   

20,858

 

8,053,900

 
    

37,450,206

 

Materials - 5.7%

     

Albemarle

   

70,008

 

11,005,958

 

Ecolab

   

37,604

 

7,872,773

 

International Flavors & Fragrances

   

46,123

 

6,250,128

 
    

25,128,859

 

Media & Entertainment - 4.9%

     

Alphabet, Cl. A

   

10,717

a

21,668,809

 

Pharmaceuticals Biotechnology & Life Sciences - 2.3%

     

Merck & Co.

   

137,936

 

10,016,912

 

Retailing - 11.1%

     

Amazon.com

   

8,980

a

27,774,511

 

Dollar General

   

47,095

 

8,900,484

 

eBay

   

217,206

 

12,254,763

 
    

48,929,758

 

Semiconductors & Semiconductor Equipment - 8.0%

     

Applied Materials

   

93,080

 

11,001,125

 

Qualcomm

   

110,631

 

15,066,836

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 98.5% (continued)

     

Semiconductors & Semiconductor Equipment - 8.0% (continued)

     

Texas Instruments

   

54,594

 

9,404,908

 
    

35,472,869

 

Software & Services - 21.0%

     

Accenture, Cl. A

   

63,825

 

16,013,692

 

Fidelity National Information Services

   

67,751

 

9,349,638

 

Intuit

   

30,205

 

11,784,179

 

Mastercard, Cl. A

   

37,816

 

13,381,192

 

Microsoft

   

137,361

 

31,919,949

 

salesforce.com

   

47,424

a

10,267,296

 
    

92,715,946

 

Technology Hardware & Equipment - 8.6%

     

Apple

   

229,287

 

27,803,342

 

TE Connectivity

   

79,645

 

10,356,239

 
    

38,159,581

 

Telecommunication Services - 1.7%

     

Verizon Communications

   

139,780

 

7,729,834

 

Transportation - 1.7%

     

Norfolk Southern

   

29,742

 

7,496,769

 

Utilities - 3.5%

     

CMS Energy

   

87,608

 

4,740,469

 

Eversource Energy

   

134,781

 

10,712,394

 
    

15,452,863

 

Total Common Stocks (cost $271,262,878)

   

435,546,648

 
  

1-Day
Yield (%)

     

Investment Companies - 1.4%

     

Registered Investment Companies - 1.4%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares
(cost $6,204,689)

 

0.07

 

6,204,689

b

6,204,689

 

Total Investments (cost $277,467,567)

 

99.9%

 

441,751,337

 

Cash and Receivables (Net)

 

.1%

 

497,083

 

Net Assets

 

100.0%

 

442,248,420

 

a Non-income producing security.

b Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company’s prospectus.


STATEMENT OF INVESTMENTS
BNY Mellon Sustainable U.S. Equity Fund, Inc.

February 28, 2021 (Unaudited)

The following is a summary of the inputs used as of February 28, 2021 in valuing the fund’s investments:

     
 

Level 1 - Unadjusted Quoted Prices

Level 2 - Other Significant Observable Inputs

Level 3 -Significant Unobservable Inputs

Total

Assets ($)

   

Investments in Securities:

   

Equity Securities - Common Stocks

435,546,648

-

-

435,546,648

Investment Companies

6,204,689

-

-

6,204,689

  See Statement of Investments for additional detailed categorizations, if any.


The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

Level 1—unadjusted quoted prices in active markets for identical investments.

Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows:

Investments in equity securities are valued at the last sales price on the securities exchange or national securities market on which such securities are primarily traded. Securities listed on the National Market System for which market quotations are available are valued at the official closing price or, if there is no official closing price that day, at the last sales price. For open short positions, asked prices are used for valuation


purposes. Bid price is used when no asked price is available. Registered investment companies that are not traded on an exchange are valued at their net asset value. All of the preceding securities are generally categorized within Level 1 of the fair value hierarchy.

Securities not listed on an exchange or the national securities market, or securities for which there were no transactions, are valued at the average of the most recent bid and asked prices. U.S. Treasury Bills are valued at the mean price between quoted bid prices and asked prices by an independent pricing service (the “Service”) approved by the Board Members (“Board”). These securities are generally categorized within Level 2 of the fair value hierarchy.

The Service’s procedures are reviewed by BNY Mellon under the general supervision of the Board.

Fair valuing of securities may be determined with the assistance of a pricing service using calculations based on indices of domestic securities and other appropriate indicators, such as prices of relevant American Depository Receipts and futures. Utilizing these techniques may result in transfers between Level 1 and Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

At February 28, 2021, accumulated net unrealized appreciation on investments was $164,283,770, consisting of $165,496,350 gross unrealized appreciation and $1,212,580 gross unrealized depreciation.

At February 28, 2021, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.