# EDGAR Filing Document

**Accession Number:** 0000914775
**File Stem:** 0001741773-25-002970
**Filing Date:** 2025-8
**Character Count:** 4928
**Document Hash:** c74229df0fefa37f3a14dbeea5457e95
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001741773-25-002970.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001741773-25-002970

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**EFFECTIVENESS DATE**: 20250822

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon Advantage Funds, Inc.
- **CENTRAL INDEX KEY:** 0000914775

**ORGANIZATION NAME:**
- **EIN:** 133851784
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-51061
- **FILM NUMBER:** 251242453

**BUSINESS ADDRESS:**
- **STREET 1:** BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 212-922-6400

**MAIL ADDRESS:**
- **STREET 1:** BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Advantage Funds, Inc.
- **DATE OF NAME CHANGE:** 20060502

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS GROWTH & VALUE FUNDS INC
- **DATE OF NAME CHANGE:** 19951004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS FOCUS FUNDS INC
- **DATE OF NAME CHANGE:** 19940304

## Series and Classes Contracts Data

### BNY Mellon Opportunistic Small Cap Fund (Series ID: S000000462)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Investor Shares | DSCVX         | C000001289 |
| Class Y         | DSCYX         | C000174005 |
| Class I         | DOPIX         | C000174006 |

---

## Series and Classes Contracts Data

### BNY Mellon Opportunistic Small Cap Fund (Series ID: S000000462)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000001289 | Investor Shares | DSCVX           |
| C000174005 | Class Y         | DSCYX           |
| C000174006 | Class I         | DOPIX           |

August 22, 2025

#### BNY MELLON ADVANTAGE FUNDS, INC.
-BNY Mellon Opportunistic Small Cap Fund

#### Supplement to Summary Prospectus, Prospectus and Statement of Additional Information
The Board of Directors of BNY Mellon Advantage Funds, Inc. (the "Company") has approved, subject to shareholder approval, an Agreement and Plan of Reorganization (the "Agreement") between the Company, on behalf of BNY Mellon Opportunistic Small Cap Fund (the "Fund"), and BNY Mellon Investment Funds I, on behalf of BNY Mellon Small Cap Value Fund (the "Acquiring Fund"). The Agreement provides for the transfer of the Fund's assets to the Acquiring Fund in a tax-free exchange for Class A shares, Class I shares and Class Y shares of the Acquiring Fund having an aggregate net asset value equal to the value of the Fund's net assets and the assumption by the Acquiring Fund of the stated liabilities of the Fund, the distribution of the corresponding class of shares (with holders of Investor shares of the Fund receiving Class A shares of the Acquiring Fund) of the Acquiring Fund to Fund shareholders and the subsequent termination of the Fund (the "Reorganization").

It is currently contemplated that shareholders of the Fund as of September 23, 2025 (the "Record Date") will be asked to approve the Agreement on behalf of the Fund at a special meeting of shareholders to be held on or about December 9, 2025. If the Agreement is approved, the Reorganization will be consummated on or about February 13, 2026.

In anticipation of the Reorganization, effective on or about September 23, 2025 (the "Sales Discontinuance Date"), the Fund will be closed to any investments for new accounts, except that new accounts may be established by:

&nbsp;&nbsp;&nbsp;&nbsp;· Participants in group employer retirement plans (and their successor plans), provided that the plan sponsor has been approved by BNY Mellon Investment Adviser, Inc. and established the Fund as an investment option in the plan by the close of business on the Sales Discontinuance Date;

&nbsp;&nbsp;&nbsp;&nbsp;· Wrap programs that established the Fund as an investment option under the wrap program by the close of business on the Sales Discontinuance Date; and

&nbsp;&nbsp;&nbsp;&nbsp;· Certain funds in the BNY Mellon Family of Funds and series of BNY Mellon Funds Trust.

Shareholders of the Fund as of the Sales Discontinuance Date may continue to make additional purchases and to reinvest dividends and capital gains into their existing Fund accounts up until the time of the Reorganization.

A Prospectus/Proxy Statement with respect to the proposed Reorganization will be mailed prior to the meeting to the Fund's shareholders as of the Record Date. The Prospectus/Proxy Statement will describe the Acquiring Fund and other matters. Investors may obtain a free copy of the Prospectus of the Acquiring Fund by calling 1-800-373-9387.

0253STK0825

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