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BNY Mellon Bond Market Index Fund (DBIRX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS05589K8559
CUSIP05589K855
IssuerBNY Mellon
Inception DateNov 30, 1993
CategoryIntermediate Core Bond
Min. Investment$1,000
Asset ClassBond

Expense Ratio

The BNY Mellon Bond Market Index Fund features an expense ratio of 0.15%, falling within the medium range.


Expense ratio chart for DBIRX: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Share Price Chart


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Compare to other instruments

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BNY Mellon Bond Market Index Fund

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BNY Mellon Bond Market Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
4.59%
23.87%
DBIRX (BNY Mellon Bond Market Index Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

BNY Mellon Bond Market Index Fund had a return of -3.14% year-to-date (YTD) and -1.00% in the last 12 months. Over the past 10 years, BNY Mellon Bond Market Index Fund had an annualized return of 1.05%, while the S&P 500 had an annualized return of 10.52%, indicating that BNY Mellon Bond Market Index Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-3.14%6.92%
1 month-2.68%-2.83%
6 months4.58%23.86%
1 year-1.00%23.33%
5 years (annualized)-0.29%11.66%
10 years (annualized)1.05%10.52%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.15%-1.48%0.76%
2023-2.82%-1.26%4.45%3.41%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DBIRX is 5, indicating that it is in the bottom 5% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of DBIRX is 55
BNY Mellon Bond Market Index Fund(DBIRX)
The Sharpe Ratio Rank of DBIRX is 55Sharpe Ratio Rank
The Sortino Ratio Rank of DBIRX is 55Sortino Ratio Rank
The Omega Ratio Rank of DBIRX is 55Omega Ratio Rank
The Calmar Ratio Rank of DBIRX is 55Calmar Ratio Rank
The Martin Ratio Rank of DBIRX is 55Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BNY Mellon Bond Market Index Fund (DBIRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


DBIRX
Sharpe ratio
The chart of Sharpe ratio for DBIRX, currently valued at -0.23, compared to the broader market-1.000.001.002.003.004.00-0.23
Sortino ratio
The chart of Sortino ratio for DBIRX, currently valued at -0.28, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.28
Omega ratio
The chart of Omega ratio for DBIRX, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.000.97
Calmar ratio
The chart of Calmar ratio for DBIRX, currently valued at -0.08, compared to the broader market0.002.004.006.008.0010.0012.00-0.08
Martin ratio
The chart of Martin ratio for DBIRX, currently valued at -0.49, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-0.49
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.19, compared to the broader market-1.000.001.002.003.004.002.19
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.18, compared to the broader market-2.000.002.004.006.008.0010.0012.003.18
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.001.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.68, compared to the broader market0.002.004.006.008.0010.0012.001.68
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.62, compared to the broader market0.0010.0020.0030.0040.0050.0060.008.62

Sharpe Ratio

The current BNY Mellon Bond Market Index Fund Sharpe ratio is -0.23. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
-0.23
2.19
DBIRX (BNY Mellon Bond Market Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

BNY Mellon Bond Market Index Fund granted a 3.55% dividend yield in the last twelve months. The annual payout for that period amounted to $0.31 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.31$0.30$0.23$0.30$0.30$0.29$0.28$0.26$0.30$0.30$0.36$0.44

Dividend yield

3.55%3.30%2.60%2.87%2.72%2.77%2.82%2.55%2.95%2.93%3.39%4.30%

Monthly Dividends

The table displays the monthly dividend distributions for BNY Mellon Bond Market Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.03$0.03$0.03
2023$0.02$0.02$0.02$0.02$0.03$0.02$0.03$0.03$0.02$0.03$0.03$0.03
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.11
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.06
2019$0.03$0.02$0.02$0.03$0.03$0.02$0.03$0.02$0.02$0.02$0.02$0.02
2018$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.02$0.03
2017$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03
2016$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.07
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.07
2014$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.11
2013$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.17

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-13.77%
-2.94%
DBIRX (BNY Mellon Bond Market Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BNY Mellon Bond Market Index 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 Bond Market Index Fund was 19.02%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current BNY Mellon Bond Market Index Fund drawdown is 13.77%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.02%Aug 5, 2020560Oct 24, 2022
-6.22%Mar 10, 20208Mar 19, 202049May 29, 202057
-5%May 3, 201387Sep 5, 2013173May 14, 2014260
-4.93%Sep 10, 200837Oct 30, 200824Dec 4, 200861
-4.92%Jun 16, 200342Aug 14, 2003124Feb 11, 2004166

Volatility

Volatility Chart

The current BNY Mellon Bond Market Index Fund volatility is 1.71%, 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.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
1.71%
3.65%
DBIRX (BNY Mellon Bond Market Index Fund)
Benchmark (^GSPC)