BNY Mellon Yield Enhancement Strategy Fund (DABKX)
The fund normally allocates its assets across fixed-income investment strategies. It is designed to complement and diversify traditional bond portfolios. The fund normally allocates its assets among other investment companies (the underlying funds) that employ various fixed-income investment strategies, including those focusing on domestic and foreign corporate bonds, high yield securities ("junk" bonds), senior loans, emerging markets debt, municipal securities and Treasury and other inflation-protected securities (TIPS).
Fund Info
US05588L8054
Mar 6, 2014
$1,000
Expense Ratio
DABKX has an expense ratio of 0.12%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon Yield Enhancement Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BNY Mellon Yield Enhancement Strategy Fund had a return of 5.84% year-to-date (YTD) and 6.24% in the last 12 months. Over the past 10 years, BNY Mellon Yield Enhancement Strategy Fund had an annualized return of 3.38%, while the S&P 500 had an annualized return of 11.10%, indicating that BNY Mellon Yield Enhancement Strategy Fund did not perform as well as the benchmark.
DABKX
5.84%
-0.18%
3.26%
6.24%
2.83%
3.38%
^GSPC (Benchmark)
24.66%
0.49%
8.64%
26.56%
13.06%
11.10%
Monthly Returns
The table below presents the monthly returns of DABKX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.18% | 0.43% | 0.86% | -0.74% | 0.87% | 0.79% | 1.31% | 1.20% | 1.14% | -0.67% | 1.05% | 5.84% | |
| 2023 | 3.18% | -1.30% | 0.91% | 0.58% | -0.64% | 1.23% | 0.88% | -0.24% | -1.23% | -0.98% | 4.12% | 2.74% | 9.45% |
| 2022 | -1.87% | -1.14% | -1.80% | -2.58% | -0.14% | -3.65% | 3.14% | -1.08% | -3.70% | 0.33% | 3.53% | -0.08% | -8.92% |
| 2021 | 0.64% | -0.79% | 0.23% | 1.07% | 0.51% | 0.64% | 0.39% | -0.06% | -0.48% | -0.31% | 0.02% | 0.67% | 2.55% |
| 2020 | 1.14% | -0.02% | -9.11% | 1.31% | 3.71% | 1.73% | 2.81% | 0.73% | -0.24% | 0.29% | 2.76% | 1.39% | 6.07% |
| 2019 | 1.79% | 1.15% | 0.96% | 0.97% | 0.36% | 0.89% | 0.77% | 0.86% | -0.30% | -0.20% | 0.36% | 1.04% | 8.97% |
| 2018 | 0.24% | -0.39% | -0.11% | 0.16% | 0.34% | 0.08% | 0.73% | 0.30% | 0.15% | -0.64% | -0.33% | -0.62% | -0.08% |
| 2017 | 0.74% | 0.84% | 0.05% | 0.72% | 0.86% | -0.00% | 0.94% | 0.53% | 0.10% | 0.36% | -0.17% | 0.50% | 5.61% |
| 2016 | -0.76% | -0.06% | 2.30% | 1.60% | 0.49% | 0.90% | 1.06% | 0.99% | 0.16% | -0.15% | -1.61% | 1.05% | 6.07% |
| 2015 | 1.04% | 0.43% | 0.21% | 0.25% | 0.01% | -0.88% | 0.09% | -0.84% | -0.82% | 1.26% | -0.62% | -0.74% | -0.63% |
| 2014 | 0.24% | 0.80% | 1.06% | 0.24% | -0.28% | 0.88% | -0.57% | 0.66% | 0.01% | -0.40% | 2.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 95, DABKX is among the top 5% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Yield Enhancement Strategy Fund (DABKX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BNY Mellon Yield Enhancement Strategy Fund provided a 4.67% dividend yield over the last twelve months, with an annual payout of $0.53 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.54 | $0.53 | $0.40 | $0.60 | $0.48 | $0.54 | $0.49 | $0.50 | $0.52 | $0.33 |
Dividend yield | 4.67% | 4.80% | 4.98% | 3.28% | 4.85% | 3.91% | 4.62% | 3.99% | 4.15% | 4.35% | 2.66% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Yield Enhancement Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.00 | $0.47 |
| 2023 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.11 | $0.54 |
| 2022 | $0.00 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.05 | $0.20 | $0.53 |
| 2021 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.09 | $0.40 |
| 2020 | $0.00 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.06 | $0.09 | $0.03 | $0.07 | $0.08 | $0.09 | $0.60 |
| 2019 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.01 | $0.04 | $0.04 | $0.12 | $0.48 |
| 2018 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.03 | $0.02 | $0.17 | $0.54 |
| 2017 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.01 | $0.04 | $0.04 | $0.11 | $0.49 |
| 2016 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.10 | $0.50 |
| 2015 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.10 | $0.52 |
| 2014 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.07 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon Yield Enhancement Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BNY Mellon Yield Enhancement Strategy Fund was 15.55%, occurring on Mar 23, 2020. Recovery took 113 trading sessions.
The current BNY Mellon Yield Enhancement Strategy Fund drawdown is 0.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.55% | Feb 26, 2020 | 19 | Mar 23, 2020 | 113 | Sep 1, 2020 | 132 |
| -13.02% | Sep 17, 2021 | 278 | Oct 24, 2022 | 338 | Feb 29, 2024 | 616 |
| -4.69% | Apr 28, 2015 | 201 | Feb 11, 2016 | 53 | Apr 28, 2016 | 254 |
| -2.09% | Oct 26, 2016 | 26 | Dec 1, 2016 | 43 | Feb 3, 2017 | 69 |
| -1.75% | Oct 3, 2018 | 58 | Dec 26, 2018 | 24 | Jan 31, 2019 | 82 |
Volatility
Volatility Chart
The current BNY Mellon Yield Enhancement Strategy Fund volatility is 0.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.