NPORT-P
		false
		
			
			
				
					0001591556
					XXXXXXXX
				
			
			
			
			
				S000044141
				C000137215
				C000137216
				C000137217
				C000137218
			
			
			
		
	
	
		
			BNY Mellon Investment Funds II, Inc.
			811-22912
			0001591556
			5493009RJ30DK8B0DW28
			240 Greenwich Street
			New York
			
			10286
			212 495 1784
			BNY Mellon Yield Enhancement Strategy Fund
			S000044141
			549300RNOL9B8XEDVJ35
			2021-10-31
			2021-07-31
			N
		
		
			285272518.91
			59747.86
			285212771.05
			0.00
			0.00
			0.00
			0.00
			0.00
			0.00
			0.00
			0.00
			0.00
			0.00
			0.00
			0.00
			0.00
			357571.22
			N
			
				
					
					
					
					
				
				
				
				
			
			
			
			
		
		
			
				BNY MELLON GLOBAL DYNAMIC BOND INCOME FUND
				549300L2EIM746N6ER82
				
				05587N851
				
					
					
				
				2340366.877
				NS
				USD
				29160971.29
				10.2242866554134
				Long
				EC
				RF
				US
				
				N
				
				1
				
					N
					N
					N
				
			
			
				BNY MELLON FLOATING RATE INCOME FUND
				5493006EE56XEFEOYO53
				
				05589K400
				
					
					
				
				5024535.77
				NS
				USD
				57530934.57
				20.1712336927277
				Long
				EC
				RF
				US
				
				N
				
				1
				
					N
					N
					N
				
			
			
				BNY MELLON HIGH YIELD FUND
				549300U20XX0ZDIYNO84
				
				05588E850
				
					
					
				
				6508438.251
				NS
				USD
				40222148.39
				14.1025060841152
				Long
				EC
				CORP
				US
				
				N
				
				1
				
					N
					N
					N
				
			
			
				BNY MELLON MUNICIPAL OPPORTUNI
				549300AONDOFPGLCFV62
				
				05569M491
				
					
					
				
				7875199.985
				NS
				USD
				111827839.79
				39.2085667757127
				Long
				EC
				CORP
				US
				
				N
				
				1
				
					N
					N
					N
				
			
			
				TCW EMERGING MARKETS INCOME FUND
				549300TJW8MTVSLYJW58
				
				87234N765
				
					
					
				
				1632117.18
				NS
				USD
				13334397.36
				4.6752455406922
				Long
				EC
				RF
				US
				
				N
				
				1
				
					N
					N
					N
				
			
			
				BNY MELLON CORPORATE BOND FUND
				549300VTEMMMR676OI33
				
				05569M368
				
					
					
				
				2321422.70
				NS
				USD
				32198132.85
				11.2891623791823
				Long
				EC
				RF
				US
				
				N
				
				1
				
					N
					N
					N
				
			
		
		
			2021-09-27
			BNY Mellon Advantage Funds, Inc.
			James Windels
			James Windels
			Fund Treasurer
		
	
	XXXX

STATEMENT OF INVESTMENTS
BNY Mellon Yield Enhancement Strategy Fund

July 31, 2021 (Unaudited)

^a 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 Yield Enhancement Strategy Fund

July 31, 2021 (Unaudited)

The following is a summary of the inputs used as of July 31, 2021 in valuing the fund’s investments:

^† 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 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 are valued at the net asset value of each underlying fund determined as of the close of the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date and are generally categorized within Level 1 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 July 31, 2021, accumulated net unrealized appreciation on investments was $15,062,936, consisting of $16,568,544 gross unrealized appreciation and $1,505,608 gross unrealized depreciation.

At July 31, 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.