The Dreyfus Corp., a unit of Mellon Financial Corp., has announced that its Dreyfus Premier Balanced Opportunity Fund has acquired the assets of the Thompson Plumb Balanced Fund.
The assets were transferred to the Dreyfus Premier Balanced Opportunity Fund on Jan. 30 as part of a tax-free reorganization, Dreyfus said last Wednesday.
The Dreyfus portfolio is advised by Dreyfus and subadvised by Wisconsin Capital Management Inc., which was the adviser to the Thompson fund from its start-up in 1987.