# EDGAR Filing Document

**Accession Number:** 0001111178
**File Stem:** 0000940400-26-007871
**Filing Date:** 2026-2
**Character Count:** 37417
**Document Hash:** 5c4494d9a6f020c8c7155e785fe3e80a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007871.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000940400-26-007871

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY MELLON OPPORTUNITY FUNDS
- **CENTRAL INDEX KEY:** 0001111178

**ORGANIZATION NAME:**
- **EIN:** 134193975
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09891
- **FILM NUMBER:** 26676890

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 2129226400

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS OPPORTUNITY FUNDS
- **DATE OF NAME CHANGE:** 20081201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER OPPORTUNITY FUNDS
- **DATE OF NAME CHANGE:** 20000405

## Series and Classes Contracts Data

### BNY Mellon Natural Resources Fund (Series ID: S000001720)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000004623 | Class A      | DNLAX           |
| C000004625 | Class C      | DLDCX           |
| C000004626 | Class I      | DLDRX           |
| C000162241 | Class Y      | DLDYX           |

## Nport-Ex

BNY Mellon Natural Resources Fund

SCHEDULE OF INVESTMENTS

December 31, 2025 (Unaudited)

------

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks — 99.1%** | **Common Stocks — 99.1%** | **Common Stocks — 99.1%** |
| **Agricultural & Farm Machinery — 1.2%** | **Agricultural & Farm Machinery — 1.2%** | **Agricultural & Farm Machinery — 1.2%** |
| Deere & Co. | 25736 | **11981909** |
| **Agricultural Products & Services — 4.8%** | **Agricultural Products & Services — 4.8%** | **Agricultural Products & Services — 4.8%** |
| Archer-Daniels-Midland Co. | 84545 | 4860492 |
| Bunge Global SA | 229583 | 20451254 |
| Darling Ingredients, Inc. <sup>(a)</sup> <br>| 597550 | 21511800 |
|  |  | **46823546** |
| **Aluminum — 4.1%** | **Aluminum — 4.1%** | **Aluminum — 4.1%** |
| Alcoa Corp. <sup>(b)</sup> <br>| 523713 | 27830109 |
| Norsk Hydro ASA | 1630622 | 12599231 |
|  |  | **40429340** |
| **Coal & Consumable Fuels — .8%** | **Coal & Consumable Fuels — .8%** | **Coal & Consumable Fuels — .8%** |
| Cameco Corp. | 88589 | **8105008** |
| **Commodity Chemicals — 2.0%** | **Commodity Chemicals — 2.0%** | **Commodity Chemicals — 2.0%** |
| Methanex Corp. | 490630 | **19487824** |
| **Construction Machinery & Heavy Trucks — 1.6%** | **Construction Machinery & Heavy Trucks — 1.6%** | **Construction Machinery & Heavy Trucks — 1.6%** |
| Caterpillar, Inc. | 28104 | **16099938** |
| **Copper — 6.1%** | **Copper — 6.1%** | **Copper — 6.1%** |
| Capstone Copper Corp. <sup>(a)</sup> <br>| 1292560 | 12976924 |
| Freeport-McMoRan, Inc. | 925098 | 46985727 |
|  |  | **59962651** |
| **Diversified Metals & Mining — 9.3%** | **Diversified Metals & Mining — 9.3%** | **Diversified Metals & Mining — 9.3%** |
| Anglo American PLC | 535689 | 22075409 |
| Hudbay Minerals, Inc. <sup>(b)</sup> <br>| 550565 | 10928715 |
| Ivanhoe Mines Ltd., Cl. A <sup>(a),(b)</sup> <br>| 684533 | 7785188 |
| Rio Tinto PLC | 471309 | 37603332 |
| Teck Resources Ltd., Cl. B | 279885 | 13403693 |
|  |  | **91796337** |
| **Fertilizers & Agricultural Chemicals — 4.7%** | **Fertilizers & Agricultural Chemicals — 4.7%** | **Fertilizers & Agricultural Chemicals — 4.7%** |
| CF Industries Holdings, Inc. | 113638 | 8788763 |
| Corteva, Inc. | 335462 | 22486018 |
| The Mosaic Company | 628478 | 15140035 |
|  |  | **46414816** |
| **Gold — 12.6%** | **Gold — 12.6%** | **Gold — 12.6%** |
| Agnico Eagle Mines Ltd. <sup>(b)</sup> <br>| 142645 | 24182607 |
| Alamos Gold, Inc., Cl. A | 476715 | 18391665 |
| Newmont Corp. | 418832 | 41820375 |
| Pan American Silver Corp. <sup>(b)</sup> <br>| 220123 | 11404572 |
| Royal Gold, Inc. <sup>(b)</sup> <br>| 127538 | 28350422 |
|  |  | **124149641** |
| **Integrated Oil & Gas — 13.8%** | **Integrated Oil & Gas — 13.8%** | **Integrated Oil & Gas — 13.8%** |
| BP PLC | 7327413 | 42535484 |
| Exxon Mobil Corp. | 343750 | 41366875 |
| Repsol SA | 1048527 | 19638375 |
| Suncor Energy, Inc. | 720687 | 31969675 |
|  |  | **135510409** |
| **Oil & Gas Equipment & Services — 2.0%** | **Oil & Gas Equipment & Services — 2.0%** | **Oil & Gas Equipment & Services — 2.0%** |
| SLB Ltd. | 512520 | **19670517** |
| **Oil & Gas Exploration & Production — 17.1%** | **Oil & Gas Exploration & Production — 17.1%** | **Oil & Gas Exploration & Production — 17.1%** |
| Antero Resources Corp. <sup>(a)</sup> <br>| 447985 | 15437563 |
| Canadian Natural Resources Ltd. | 621342 | 21045637 |
| ConocoPhillips | 387985 | 36319276 |
| Crescent Energy Co., Cl. A <sup>(b)</sup> <br>| 1729808 | 14513089 |
| Diamondback Energy, Inc. | 243268 | 36570479 |

---

**3**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks — 99.1% (continued)** | **Common Stocks — 99.1% (continued)** | **Common Stocks — 99.1% (continued)** |
| **Oil & Gas Exploration & Production — 17.1% (continued)** | **Oil & Gas Exploration & Production — 17.1% (continued)** | **Oil & Gas Exploration & Production — 17.1% (continued)** |
| Expand Energy Corp. | 218217 | 24082428 |
| Permian Resources Corp. | 1464864 | 20552042 |
|  |  | **168520514** |
| **Oil & Gas Refining & Marketing — 5.8%** | **Oil & Gas Refining & Marketing — 5.8%** | **Oil & Gas Refining & Marketing — 5.8%** |
| Marathon Petroleum Corp. | 161996 | 26345409 |
| Phillips 66 | 234318 | 30236395 |
|  |  | **56581804** |
| **Paper & Plastic Packaging Products & Materials — 5.7%** | **Paper & Plastic Packaging Products & Materials — 5.7%** | **Paper & Plastic Packaging Products & Materials — 5.7%** |
| International Paper Co. <sup>(b)</sup> <br>| 687481 | 27079877 |
| Packaging Corp. of America | 140658 | 29007899 |
|  |  | **56087776** |
| **Precious Metals & Minerals — 2.3%** | **Precious Metals & Minerals — 2.3%** | **Precious Metals & Minerals — 2.3%** |
| Impala Platinum Holdings Ltd., ADR <sup>(b)</sup> <br>| 701574 | 11000680 |
| Valterra Platinum Ltd. | 136040 | 11297724 |
|  |  | **22298404** |
| **Steel — 5.2%** | **Steel — 5.2%** | **Steel — 5.2%** |
| ArcelorMittal SA <sup>(b)</sup> <br>| 819265 | 37333906 |
| Nucor Corp. | 84098 | 13717225 |
|  |  | **51051131** |
| &nbsp;&nbsp;&nbsp; **Total Common Stocks** <br>(cost $828,811,944)<br>|  | **974971565** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | 1-Day <br>Yield (%)<br>|  |  |
| **Investment Companies — .8%** |  |  |  |
| **Registered Investment Companies — .8%** |  |  |  |
| &nbsp;&nbsp;&nbsp; Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional <br> Shares<sup>(c)</sup> <br>(cost $8,083,632)<br>| 3.89 | 8083632 | **8083632** |
| **Investment of Cash Collateral for Securities Loaned — .2%** |  |  |  |
| **Registered Investment Companies — .2%** |  |  |  |
| &nbsp;&nbsp;&nbsp; Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional <br> Shares<sup>(c)</sup> <br>(cost $1,533,450)<br>| 3.89 | 1533450 | **1533450** |
| **Total Investments** (cost $838,429,026) |  | **100.1%**<br>| **984588647** |
| **Liabilities, Less Cash and Receivables** |  | **(.1**<br> **%)**<br>| **(1262880)**<br>|
| **Net Assets** |  | **100.0%**<br>| **983325767** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*ADR—American Depositary Receipt*<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> *Non-income producing security.*

<sup>(b)</sup> *Security, or portion thereof, on loan. At December 31, 2025, the value of the fund's securities on loan was $68,981,298 and the value of the collateral was* *$71,571,379, consisting of cash collateral of $1,533,450 and U.S. Government & Agency securities valued at $70,037,929. In addition, the value of* *collateral may include pending sales that are also on loan.* 

<sup>(c)</sup> *Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company's* *prospectus.* 

*See notes to schedule of investments.*

**4**

------

Schedule of Investments

BNY Mellon Natural Resources Fund

December 31, 2025 (Unaudited)

The following is a summary of the inputs used as of December 31, 2025 in valuing the fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2- Other** <br>**Significant** <br>**Observable Inputs**<br>| **Level 3-** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>| **Total** |
| **Assets ($)** |  |  |  |  |
| Investments in Securities:<sup>†</sup> <br>|  |  |  |  |
| Equity Securities - Common Stocks | &nbsp;&nbsp; 829222010 | &nbsp;&nbsp; 145749555 | &nbsp;&nbsp; — | &nbsp;&nbsp; **974971565** |
| Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 9617082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; **9617082** |
|  | &nbsp;&nbsp; **838839092** | &nbsp;&nbsp; **145749555** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **984588647** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>†</sup> *See Schedule of Investments for additional detailed categorizations, if any.*

**5**

------

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:

The Trust's Board of Trustees (the "Board") has designated the Adviser as the fund's valuation designee to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

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. These securities are generally categorized within Level 2 of the fair value hierarchy.

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 ADRs 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.

**6**

------

Investments denominated in foreign currencies are translated to U.S. dollars at the prevailing rates of exchange.

Pursuant to a securities lending agreement with BNY, the fund may lend securities to qualified institutions. It is the fund's policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral equivalent to at least 100% of the market value of securities on loan is maintained at all times. Collateral is either in the form of cash, which can be invested in certain money market mutual funds managed by the Adviser, or U.S. Government and Agency securities. The securities on loan, if any, are also disclosed in the fund's Schedule of Investments. The fund is entitled to receive all dividends, interest and distributions on securities loaned, in addition to income earned as a result of the lending transaction. Should a borrower fail to return the securities in a timely manner, BNY is required to replace the securities for the benefit of the fund or credit the fund with the market value of the unreturned securities and is subrogated to the fund's rights against the borrower and the collateral. Additionally, the contractual maturity of security lending transactions are on an overnight and continuous basis.

At December 31, 2025, accumulated net unrealized appreciation on investments was $146,159,621, consisting of $168,257,520 gross unrealized appreciation and $22,097,899 gross unrealized depreciation.

At December 31, 2025, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Schedule 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.

**7**

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BNY MELLON OPPORTUNITY FUNDS

- **b. Investment Company Act file number:** 811-09891

- **c. CIK number of Registrant:** 0001111178

- **d. LEI of Registrant:** 549300YBI6B5NEUMTY90

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

**Item A.2. Information about the Series.**

- **a. Name of Series:** BNY Mellon Natural Resources Fund

- **b. EDGAR series identifier (if any):** S000001720

- **c. LEI of Series:** 549300PMKZQ978Y04H70

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $986025271.15

**Total Liabilities:** $2497138.61

**Net Assets:** $983528132.54

**Cash Not Reported:** $538956.64

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004623 | -2.07%               | 6.26%                | 2.98%                |
| Class ID C000004625 | -2.14%               | 6.20%                | 2.93%                |
| Class ID C000004626 | -2.05%               | 6.29%                | 3.01%                |
| Class ID C000162241 | -2.04%               | 6.28%                | 3.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9765937.28              | $-29120615.04                              |
| Month 2  | $605335.04               | $55209092.60                               |
| Month 3  | $22091472.32             | $6249924.15                                |

### Schedule of Portfolio Investments

| Name                                                              | Title                                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ConocoPhillips                                                    | ConocoPhillips                                                    | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    387985 | NS      | $36319275.85  | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                                   | Bunge Global SA                                                   | CUSIP: 000000000<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | US        |    229583 | NS      | $20451253.64  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                                        | Deere & Co                                                        | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     25736 | NS      | $11981909.52  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Repsol SA                                                         | Repsol SA                                                         | CUSIP: 000000000<br>LEI: BSYCX13Y0NOTV14V9N85 | Long             | EC               | CORP              | ES        |   1048527 | NS      | $19638375.24  | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Methanex Corp                                                     | Methanex Corp                                                     | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |    490630 | NS      | $19487823.60  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcelorMittal SA                                                  | ArcelorMittal SA                                                  | CUSIP: 03938L203<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |    819265 | NS      | $37333906.05  | 3.80%             |  |  |  | No            |                  1 | On Loan: —       |
| Diamondback Energy Inc                                            | Diamondback Energy Inc                                            | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |    243268 | NS      | $36570478.44  | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRE                                    | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | CUSIP: 000000000<br>LEI: 549300RBWL04JG8SIX57 | Long             | STIV             | RF                | US        |   8083632 | NS      | $8083631.64   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                                                     | Mosaic Co/The                                                     | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    628478 | NS      | $15140035.02  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc                                                   | Alamos Gold Inc                                                   | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |    476715 | NS      | $18391664.70  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1533544 | NS      | $1533544.14   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients Inc                                           | Darling Ingredients Inc                                           | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    597550 | NS      | $21511800.00  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                                                 | Suncor Energy Inc                                                 | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |    720687 | NS      | $31969675.32  | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                                                | Expand Energy Corp                                                | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |    218217 | NS      | $24082428.12  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America                                         | Packaging Corp of America                                         | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |    140658 | NS      | $29007899.34  | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Mines Ltd                                                 | Ivanhoe Mines Ltd                                                 | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |    684533 | NS      | $7785188.25   | 0.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Archer-Daniels-Midland Co                                         | Archer-Daniels-Midland Co                                         | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     84545 | NS      | $4860492.05   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd                                      | Impala Platinum Holdings Ltd                                      | CUSIP: 452553308<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |    701574 | NS      | $11000680.32  | 1.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Canadian Natural Resources Ltd                                    | Canadian Natural Resources Ltd                                    | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    621342 | NS      | $21045637.38  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                                            | International Paper Co                                            | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    687481 | NS      | $27079876.59  | 2.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Hudbay Minerals Inc                                               | Hudbay Minerals Inc                                               | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |    550565 | NS      | $10928715.25  | 1.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Alcoa Corp                                                        | Alcoa Corp                                                        | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    523713 | NS      | $27830108.82  | 2.83%             |  |  |  | No            |                  1 | On Loan: —       |
| Newmont Corp                                                      | Newmont Corp                                                      | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    418832 | NS      | $41820375.20  | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                                       | Phillips 66                                                       | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |    234318 | NS      | $30236394.72  | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                                            | BP PLC                                                            | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |   7327413 | NS      | $42535483.36  | 4.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Permian Resources Corp                                            | Permian Resources Corp                                            | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |   1464864 | NS      | $20552041.92  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp                                             | Antero Resources Corp                                             | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |    447985 | NS      | $15437563.10  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                                           | Marathon Petroleum Corp                                           | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |    161996 | NS      | $26345409.48  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                                       | Corteva Inc                                                       | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    335462 | NS      | $22486017.86  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp                                              | Capstone Copper Corp                                              | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |   1292560 | NS      | $12976923.83  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                                                  | Exxon Mobil Corp                                                  | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    343750 | NS      | $41366875.00  | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                                        | CF Industries Holdings Inc                                        | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    113638 | NS      | $8788762.92   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                                                    | Royal Gold Inc                                                    | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |    127538 | NS      | $28350422.02  | 2.88%             |  |  |  | No            |                  1 | On Loan: —       |
| Anglo American PLC                                                | Anglo American PLC                                                | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |    535689 | NS      | $22075409.11  | 2.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Valterra Platinum Ltd                                             | Valterra Platinum Ltd                                             | CUSIP: 000000000<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |    136040 | NS      | $11297724.26  | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                   | Caterpillar Inc                                                   | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     28104 | NS      | $16099938.48  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                                              | Freeport-McMoRan Inc                                              | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    925098 | NS      | $46985727.42  | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                                                     | Rio Tinto PLC                                                     | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    471309 | NS      | $37603331.41  | 3.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Crescent Energy Co                                                | Crescent Energy Co                                                | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1729808 | NS      | $14513089.12  | 1.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Pan American Silver Corp                                          | Pan American Silver Corp                                          | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    220123 | NS      | $11404572.63  | 1.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Teck Resources Ltd                                                | Teck Resources Ltd                                                | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    279885 | NS      | $13403692.65  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                                            | Agnico Eagle Mines Ltd                                            | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |    142645 | NS      | $24182606.85  | 2.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Norsk Hydro ASA                                                   | Norsk Hydro ASA                                                   | CUSIP: 000000000<br>LEI: 549300N1SDN71ZZ8BO45 | Long             | EC               | CORP              | NO        |   1630622 | NS      | $12599230.79  | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Cameco Corp                                                       | Cameco Corp                                                       | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     88589 | NS      | $8105007.61   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd                                                           | SLB Ltd                                                           | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    512520 | NS      | $19670517.60  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                                                        | Nucor Corp                                                        | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     84098 | NS      | $13717224.78  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

**Name of Applicant:** BNY MELLON OPPORTUNITY FUNDS

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer