Liquidation: BNY Mellon Advantage Funds, Inc.

Form Type: 497

Filing Date: 2025-03-06

Corporate Action: Liquidation

Type: New

Accession Number: 000091477525000010

Filing Summary: The Board of Directors of BNY Mellon Advantage Funds, Inc. has approved the liquidation of BNY Mellon Global Dynamic Bond Income Fund, effective on or about April 29, 2025. Before the Liquidation Date, the Fund's portfolio securities will be sold, and the Fund may cease to pursue its investment objective and policies. There may be taxable events for shareholders as a result of this liquidation. The Fund will close to new investments on or about April 7, 2025, with exceptions for group retirement plan participants. Subsequent investments will be accepted until the Liquidation Date, with specific conditions for different types of payments. The front-end sales load for Class A shares will be waived after the Closing Date, and the contingent deferred sales charge for Class C and Class A shares will also be waived. Shares held in BNYM Adviser Retirement Plans will be exchanged for Wealth shares of Dreyfus Government Cash Management on the Liquidation Date.

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