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2025-06-30 0000737520 bmsfi:NetOtherAssetsAndLiabilitiesMember bmsfi:C000162280Member 2025-06-30 0000737520 bmsfi:C000162280Member bmsfi:PalantirTechnologiesIncClAMember 2025-06-30 0000737520 bmsfi:C000162280Member us-gaap:RealEstateSectorMember 2025-06-30 0000737520 bmsfi:C000162280Member bmsfi:SimonPropertyGroupIncMember 2025-06-30 0000737520 bmsfi:C000162280Member bmsfi:TheAllstateCorpMember 2025-06-30 0000737520 bmsfi:C000162280Member oef:UtilitiesSectorMember 2025-06-30 iso4217:USD iso4217:USD shares pure shares utr:D bmsfi:Holding 0.025 0.006 0.054 0.012 0.180 0.167 0.050 0.019 0.016 0.019 0.167 0.012 0.006 0.053 0.167 0.113 0.013 0.134 0.016 0.013 -0.004 0.113 0.012 0.016 0.053 0.012 0.098 0.047 -0.004 0.013 0.045 0.012 0.047 0.019 0.014 0.014 0.010 0.180 0.098 0.014 0.134 0.013 0.057 0.025 0.006 0.098 0.053 0.013 0.047 -0.004 0.134 0.010 0.050 0.045 0.057 0.113 0.012 0.013 -0.004 0.012 0.013 0.017 0.050 0.006 0.017 0.025 0.019 0.012 0.057 0.047 0.010 0.014 0.057 0.013 0.010 0.134 0.017 0.045 0.054 0.016 0.113 0.098 0.054 0.017 0.045 0.025 0.180 0.167 0.050 0.180 0.054 0.053 0000737520 false N-1A N-CSRS BNY Mellon Strategic Funds, Inc. 2025-06-30 BNY Mellon Active MidCap Fund Class A DNLDX This semi-annual shareholder report contains important information about BNY Mellon Active MidCap Fund (the “Fund”) for the period of January 1, 2025 to June 30, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="color:rgb(0, 0, 0);text-decoration-line:none;border-bottom-color:rgb(0, 0, 0);border-bottom-style:solid;border-bottom-width:0.5pt;display:inline-block;line-height:7.5pt;font-family:'times new roman';font-size:10pt">bny.com/investments/literaturecenter</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. bny.com/investments/literaturecenter 1-800-373-9387 info@bny.com <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:none;border-bottom-width:initial;break-inside:avoid-page;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;border-bottom-color:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: left; vertical-align: top; text-indent: -6pt;">Class <span style="white-space:nowrap">A<sup style="vertical-align:baseline;position:relative;top:-0.7em;font-size:5pt">*</sup></span></td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>50</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">0.99<span>%</span><sup style="vertical-align:baseline;position:relative;top:-0.7em;font-size:5pt">**</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page;margin-bottom:22pt"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; vertical-align: top;"> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;text-align:left;margin-bottom:0px;">During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. If this agreement is not extended in the future, expenses could be higher.</div></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">**</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; vertical-align: top;"> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;text-align:left;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 50 0.0099 <div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/25</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:none;border-bottom-width:initial;break-inside:avoid-page;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Portfolio Turnover</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;border-bottom-color:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;"><span style="float:none">$</span>469</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;">239</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;">31.63<span>%</span></td> </tr> </table><table cellpadding="0" cellspacing="0" style="width: 60%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 100%; border: Black 1pt solid; font: 11pt/107% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Not FDIC Insured. Not Bank-Guaranteed. May Lose Value </span></td></tr> </table>

469000000

239

0.3163

<div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;text-transform:uppercase;font-size:9pt;margin-bottom:3pt;font-weight:bold;"> <b>Portfolio Holdings (as of </b> <b>6/30/25</b> <b>)</b> </div><div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:12pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_10349886.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:10pt;margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div><div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:6pt;"> <img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_10349862.jpg" style="margin-left: 29pt; width: 437pt;"/> </div> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:12pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_10349886.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:10pt;margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div> BNY Mellon Active MidCap Fund Class C DNLCX This semi-annual shareholder report contains important information about BNY Mellon Active MidCap Fund (the “Fund”) for the period of January 1, 2025 to June 30, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="color:rgb(0, 0, 0);text-decoration-line:none;border-bottom-color:rgb(0, 0, 0);border-bottom-style:solid;border-bottom-width:0.5pt;display:inline-block;line-height:7.5pt;font-family:'times new roman';font-size:10pt">bny.com/investments/literaturecenter</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. bny.com/investments/literaturecenter 1-800-373-9387 info@bny.com <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:none;border-bottom-width:initial;break-inside:avoid-page;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;border-bottom-color:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: left; vertical-align: top; text-indent: -6pt;">Class <span style="white-space:nowrap">C<sup style="vertical-align:baseline;position:relative;top:-0.7em;font-size:5pt">*</sup></span></td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>89</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">1.75<span>%</span><sup style="vertical-align:baseline;position:relative;top:-0.7em;font-size:5pt">**</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page;margin-bottom:22pt"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; vertical-align: top;"> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;text-align:left;margin-bottom:0px;">During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. If this agreement is not extended in the future, expenses could be higher.</div></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">**</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; vertical-align: top;"> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;text-align:left;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 89 0.0175 <div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/25</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:none;border-bottom-width:initial;break-inside:avoid-page;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Portfolio Turnover</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;border-bottom-color:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;"><span style="float:none">$</span>469</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;">239</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;">31.63<span>%</span></td> </tr> </table><table cellpadding="0" cellspacing="0" style="width: 60%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 100%; border: Black 1pt solid; font: 11pt/107% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Not FDIC Insured. Not Bank-Guaranteed. May Lose Value </span></td></tr> </table>

469000000

239

0.3163

<div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;text-transform:uppercase;font-size:9pt;margin-bottom:3pt;font-weight:bold;"> <b>Portfolio Holdings (as of </b> <b>6/30/25</b> <b>)</b> </div><div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:12pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_10349936.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:10pt;margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div><div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:6pt;"> <img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_10349912.jpg" style="margin-left: 29pt; width: 437pt;"/> </div> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:12pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_10349936.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:10pt;margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div> BNY Mellon Active MidCap Fund Class I DNLRX This semi-annual shareholder report contains important information about BNY Mellon Active MidCap Fund (the “Fund”) for the period of January 1, 2025 to June 30, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="color:rgb(0, 0, 0);text-decoration-line:none;border-bottom-color:rgb(0, 0, 0);border-bottom-style:solid;border-bottom-width:0.5pt;display:inline-block;line-height:7.5pt;font-family:'times new roman';font-size:10pt">bny.com/investments/literaturecenter</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. bny.com/investments/literaturecenter 1-800-373-9387 info@bny.com <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:none;border-bottom-width:initial;break-inside:avoid-page;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;border-bottom-color:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: left; vertical-align: top; text-indent: -6pt;">Class <span style="white-space:nowrap">I<sup style="vertical-align:baseline;position:relative;top:-0.7em;font-size:5pt">*</sup></span></td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>38</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">0.74<span>%</span><sup style="vertical-align:baseline;position:relative;top:-0.7em;font-size:5pt">**</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page;margin-bottom:22pt"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; vertical-align: top;"> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;text-align:left;margin-bottom:0px;">During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. If this agreement is not extended in the future, expenses could be higher.</div></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">**</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; vertical-align: top;"> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;text-align:left;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 38 0.0074 <div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/25</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:none;border-bottom-width:initial;break-inside:avoid-page;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Portfolio Turnover</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;border-bottom-color:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;"><span style="float:none">$</span>469</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;">239</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;">31.63<span>%</span></td> </tr> </table><table cellpadding="0" cellspacing="0" style="width: 60%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 100%; border: Black 1pt solid; font: 11pt/107% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Not FDIC Insured. Not Bank-Guaranteed. May Lose Value </span></td></tr> </table>

469000000

239

0.3163

<div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;text-transform:uppercase;font-size:9pt;margin-bottom:3pt;font-weight:bold;"> <b>Portfolio Holdings (as of </b> <b>6/30/25</b> <b>)</b> </div><div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:12pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_10349986.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:10pt;margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div><div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:6pt;"> <img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_10349962.jpg" style="margin-left: 29pt; width: 437pt;"/> </div> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);letter-spacing:0px;font-size:9pt;font-weight:bold;margin-bottom:0px;text-transform:none;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="width:540pt;margin-left:18pt;margin-bottom:12pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_10349986.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:10pt;margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div> BNY Mellon Active MidCap Fund Class Y DNLYX This semi-annual shareholder report contains important information about BNY Mellon Active MidCap Fund (the “Fund”) for the period of January 1, 2025 to June 30, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="color:rgb(0, 0, 0);text-decoration-line:none;border-bottom-color:rgb(0, 0, 0);border-bottom-style:solid;border-bottom-width:0.5pt;display:inline-block;line-height:7.5pt;font-family:'times new roman';font-size:10pt">bny.com/investments/literaturecenter</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. bny.com/investments/literaturecenter 1-800-373-9387 info@bny.com <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:none;border-bottom-width:initial;break-inside:avoid-page;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;border-bottom-color:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: left; vertical-align: top; text-indent: -6pt;">Class <span style="white-space:nowrap">Y<sup style="vertical-align:baseline;position:relative;top:-0.7em;font-size:5pt">*</sup></span></td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>38</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">0.75<span>%</span><sup style="vertical-align:baseline;position:relative;top:-0.7em;font-size:5pt">**</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page;margin-bottom:22pt"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; vertical-align: top;"> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;text-align:left;margin-bottom:0px;">During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. If this agreement is not extended in the future, expenses could be higher.</div></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">**</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; vertical-align: top;"> <div style="margin-top:0px;font-family:'cambria';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;text-align:left;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 38 0.0075 <div style="font-family:'cambria';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/25</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:none;border-bottom-width:initial;break-inside:avoid-page;background-color:rgb(0, 72, 94);height:auto;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; font-family: 'Cambria'; color: rgb(255, 255, 255); font-size: 9pt; line-height: 9pt; font-weight: bold; padding-top: 1pt; padding-bottom: 10pt; padding-left: 3pt; padding-right: 3pt; text-align: center; width: 170pt; vertical-align: top;"><br/> Portfolio Turnover</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;border-bottom-color:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;"><span style="float:none">$</span>469</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;">239</td> <td style="break-inside: avoid-page; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Cambria'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; border-left-color: initial; border-left-style: none; border-left-width: initial; text-align: center; width: 170pt; font-weight: normal;">31.63<span>%</span></td> </tr> </table><table cellpadding="0" cellspacing="0" style="width: 60%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 100%; border: Black 1pt solid; font: 11pt/107% Calibri, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 8pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 12pt; line-height: 107%">Not FDIC Insured. Not Bank-Guaranteed. May Lose Value </span></td></tr> </table>

469000000

239

0.3163