- Issuer
- BNY Mellon
- Inception Date
- Jan 30, 2004
- Category
- Diversified Portfolio
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
DBOCX Performance Chart
BNY Mellon Balanced Opportunity Fund Class C (DBOCX) is up 5.0% since the beginning of the year. DBOCX is currently trading at $26 per share. Investors who bought $1,000 worth of DBOCX shares 5 years ago would now be looking at an investment worth $1,346.
Loading charts...
Returns By Period
BNY Mellon Balanced Opportunity Fund Class C (DBOCX) has returned 5.01% so far this year and 15.14% over the past 12 months. Over the last ten years, DBOCX has returned 7.77% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BNY Mellon Balanced Opportunity Fund Class C
- 1D
- 0.83%
- 1M
- 1.03%
- YTD
- 5.01%
- 6M
- 4.71%
- 1Y
- 15.14%
- 3Y*
- 10.98%
- 5Y*
- 6.12%
- 10Y*
- 7.77%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DBOCX Monthly Returns History
Based on dividend-adjusted daily data since Jan 30, 2004, DBOCX's average daily return is +0.02%, while the average monthly return is +0.50%. At this rate, an investment would double in approximately 11.6 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +8.2%, while the worst month was Oct 2008 at -13.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, DBOCX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +7.8%, while the worst single day was Mar 16, 2020 at -7.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.60% | 0.36% | -5.52% | 5.93% | 2.62% | 0.27% | 5.01% | ||||||
| 2025 | 2.35% | -0.75% | -4.21% | -0.35% | 3.84% | 4.12% | 0.90% | 1.66% | 1.47% | 1.80% | 0.35% | 0.30% | 11.80% |
| 2024 | 0.45% | 2.25% | 2.90% | -3.43% | 3.33% | 1.46% | 0.80% | 1.72% | 1.61% | -1.22% | 4.24% | -3.59% | 10.69% |
| 2023 | 5.78% | -2.04% | 2.54% | 1.05% | -0.42% | 3.41% | 1.97% | -1.12% | -3.95% | -2.56% | 6.99% | 4.03% | 16.12% |
| 2022 | -5.09% | -0.63% | 1.47% | -8.59% | -0.14% | -6.44% | 6.64% | -3.48% | -7.17% | 5.18% | 5.03% | -3.26% | -16.55% |
| 2021 | -0.53% | 2.70% | 0.38% | 3.98% | 0.23% | 1.76% | 1.16% | 1.89% | -3.13% | 3.99% | -1.41% | 2.36% | 13.96% |
Benchmark Metrics
BNY Mellon Balanced Opportunity Fund Class C has an annualized alpha of -0.70%, beta of 0.68, and R2 of 0.95 versus S&P 500 Index. Calculated based on daily prices since January 30, 2004.
- This fund participated in 77.92% of S&P 500 Index downside but only 66.25% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.68 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -0.70%
- Beta
- 0.68
- R²
- 0.95
- Upside Capture
- 66.25%
- Downside Capture
- 77.92%
Expense Ratio
DBOCX has a high expense ratio of 1.90%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
DBOCX ranks 38 for risk / return — below 38% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BNY Mellon Balanced Opportunity Fund Class C (DBOCX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DBOCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 2.78 | -0.79 |
| Martin ratioReturn relative to average drawdown | 9.46 | 12.44 | -2.98 |
Dividends
Dividend History
BNY Mellon Balanced Opportunity Fund Class C provided a 6.91% dividend yield over the last twelve months, with an annual payout of $1.77 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.77 | $1.77 | $1.12 | $0.96 | $0.97 | $3.03 | $0.80 | $0.61 | $1.76 | $0.93 | $0.07 | $1.00 |
Dividend yield | 6.91% | 7.26% | 4.79% | 4.33% | 4.90% | 12.16% | 3.26% | 2.62% | 8.78% | 4.06% | 0.32% | 5.07% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Balanced Opportunity Fund Class C. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.77 | $1.77 |
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.08 | $1.12 |
| 2023 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.96 |
| 2022 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.97 |
| 2021 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.91 | $3.03 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon Balanced Opportunity Fund Class C. 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 Balanced Opportunity Fund Class C was 43.06%, occurring on Mar 9, 2009. Recovery took 769 trading sessions.
The current BNY Mellon Balanced Opportunity Fund Class C drawdown is 0.27%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -43.06%Mar 2009 | 1y 5mo | 3y 18d | 4y 5moOct 2007 - Mar 2012 |
COVID crash2020 | -26.54%Mar 2020 | 1mo 9d | 5mo 12d | 6mo 21dFeb 2020 - Sep 2020 |
Bear market2022 | -22.71%Oct 2022 | 11mo 9d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 |
Rate-hike selloffLate 2018 | -13.82%Dec 2018 | 3mo 1d | 4mo 3d | 7mo 4dSep 2018 - Apr 2019 |
2025 selloff2025 | -13.61%Apr 2025 | 4mo 4d | 2mo 23d | 6mo 27dDec 2024 - Jun 2025 |
Drawdown Indicators
| DBOCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.06% | -56.78% | +13.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.59% | -9.10% | +1.51% |
Max Drawdown (3Y)Largest decline over 3 years | -13.61% | -18.90% | +5.29% |
Max Drawdown (5Y)Largest decline over 5 years | -22.71% | -25.43% | +2.72% |
Max Drawdown (10Y)Largest decline over 10 years | -26.54% | -33.92% | +7.38% |
Current DrawdownCurrent decline from peak | -0.27% | -1.80% | +1.53% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -10.71% | +5.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 2.03% | -0.44% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with DBOCX
Add BNY Mellon Balanced Opportunity Fund Class C to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with DBOCX