Dreyfus To Merge Eight Funds

Dreyfus is merging four funds with four other lower-rated portfolios.

Dreyfus is merging four funds with four other lower-rated portfolios, MutualFundWire reports. The firm will merge the Dreyfus Institutional Cash Advantage Plus Fund into the Dreyfus Institutional Cash Advantage Fund on June 7.The Dreyfus Emerging Leaders Fund will be merged into the Dreyfus Opportunistic Small Cap Fund on November 28. The Dreyfus Alpha Growth Fund and the Dreyfus Research Core Fund will merged with the Dreyfus Research Growth Fund on November 7 and 9, respectively.

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