Yacktman Funds Comments on BNY Mellon

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May 04, 2016

BNY Mellon (NYSE:BK) dropped with general weakness in the financial sector. We think the company is highly focused on achieving improved performance from its market leading custodial and investment management businesses, and the shares are attractively priced.

From Donald Yacktman (Trades, Portfolio)'s Yacktman Focused Fund (Trades, Portfolio) first quarter 2016 commentary.