BNY Mellon Appreciation Fund, Inc. (DGAGX)
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks. It focuses on "blue chip" companies with total market capitalizations of more than $5 billion at the time of purchase, including multinational companies. In addition to direct investments, the fund may invest in securities of foreign companies in the form of U.S. dollar-denominated American Depositary Receipts (ADRs).
Fund Info
| ISIN | US05589Q1004 |
|---|---|
| CUSIP | 05589Q100 |
| Issuer | T. Rowe Price |
| Inception Date | Jan 18, 1984 |
| Category | Large Cap Growth Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
DGAGX has a high expense ratio of 0.88%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: DGAGX vs. SPY, DGAGX vs. BRK-B, DGAGX vs. VFIAX, DGAGX vs. MUIGX, DGAGX vs. Qqq, DGAGX vs. VMVAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon Appreciation Fund, Inc., 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 Appreciation Fund, Inc. had a return of 7.55% year-to-date (YTD) and 19.85% in the last 12 months. Over the past 10 years, BNY Mellon Appreciation Fund, Inc. had an annualized return of 11.51%, outperforming the S&P 500 benchmark which had an annualized return of 10.84%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.55% | 10.00% |
| 1 month | 1.64% | 2.41% |
| 6 months | 13.14% | 16.70% |
| 1 year | 19.85% | 26.85% |
| 5 years (annualized) | 14.12% | 12.81% |
| 10 years (annualized) | 11.51% | 10.84% |
Monthly Returns
The table below presents the monthly returns of DGAGX, 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 | 1.86% | 3.16% | 1.54% | -3.37% | 7.55% | ||||||||
| 2023 | 5.55% | -4.29% | 5.27% | 3.48% | -1.80% | 5.70% | 2.36% | -1.09% | -4.55% | -1.08% | 7.66% | 3.24% | 21.37% |
| 2022 | -6.34% | -4.88% | 3.46% | -8.11% | 0.20% | -7.96% | 9.37% | -4.16% | -10.29% | 8.69% | 7.12% | -3.94% | -17.86% |
| 2021 | -2.59% | 2.27% | 4.25% | 6.48% | 0.55% | 3.12% | 3.58% | 2.58% | -5.96% | 7.77% | -1.24% | 4.22% | 27.10% |
| 2020 | 0.74% | -7.75% | -9.91% | 11.99% | 5.22% | 2.67% | 5.83% | 8.59% | -4.07% | -3.01% | 9.66% | 4.39% | 23.96% |
| 2019 | 6.60% | 3.62% | 3.28% | 5.66% | -6.04% | 6.56% | 2.20% | -1.12% | 1.06% | 1.95% | 4.00% | 3.47% | 35.22% |
| 2018 | 5.02% | -3.96% | -2.72% | -0.61% | 2.76% | 0.77% | 3.01% | 1.97% | 0.18% | -5.28% | 1.44% | -8.52% | -6.59% |
| 2017 | 2.51% | 3.59% | 1.49% | 1.81% | 2.60% | 0.34% | 2.02% | 0.92% | 1.34% | 2.57% | 2.77% | 1.89% | 26.60% |
| 2016 | -3.73% | -0.55% | 6.38% | 0.83% | 0.88% | 0.28% | 2.81% | -0.77% | -0.50% | -1.41% | 0.64% | 2.44% | 7.20% |
| 2015 | -3.01% | 5.74% | -2.67% | 2.04% | 0.54% | -2.75% | 1.11% | -6.86% | -1.44% | 7.94% | -0.19% | -1.78% | -2.18% |
| 2014 | -5.76% | 5.16% | 1.51% | 2.80% | 1.67% | 1.90% | -2.71% | 3.42% | -1.60% | 1.62% | 1.77% | -1.33% | 8.25% |
| 2013 | 4.55% | 0.04% | 2.77% | 2.21% | -0.19% | -2.47% | 4.81% | -3.36% | 3.08% | 3.95% | 2.35% | 2.23% | 21.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DGAGX is 70, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
DGAGX (BNY Mellon Appreciation Fund, Inc.)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Appreciation Fund, Inc. (DGAGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BNY Mellon Appreciation Fund, Inc. granted a 7.56% dividend yield in the last twelve months. The annual payout for that period amounted to $3.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.23 | $3.03 | $3.31 | $1.88 | $2.08 | $3.54 | $6.02 | $5.83 | $9.27 | $12.74 | $2.85 | $0.84 |
Dividend yield | 7.56% | 7.44% | 9.16% | 3.91% | 5.29% | 10.52% | 21.70% | 16.17% | 27.73% | 31.89% | 5.29% | 1.61% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Appreciation Fund, Inc.. 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 | $0.00 | $1.06 | $0.00 | $0.00 | $1.06 | |||||||
| 2023 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $2.04 | $3.03 |
| 2022 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $2.78 | $3.31 |
| 2021 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $1.64 | $1.88 |
| 2020 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $1.46 | $2.08 |
| 2019 | $0.00 | $0.00 | $1.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $2.32 | $3.54 |
| 2018 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $5.07 | $6.02 |
| 2017 | $0.00 | $0.00 | $2.40 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $3.23 | $5.83 |
| 2016 | $0.00 | $0.00 | $3.55 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $5.44 | $9.27 |
| 2015 | $0.00 | $0.00 | $1.30 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $11.03 | $12.74 |
| 2014 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $2.16 | $2.85 |
| 2013 | $0.21 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.84 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon Appreciation Fund, Inc.. 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 Appreciation Fund, Inc. was 53.00%, occurring on Jun 17, 1992. Recovery took 1199 trading sessions.
The current BNY Mellon Appreciation Fund, Inc. drawdown is 1.57%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53% | Jan 6, 1992 | 118 | Jun 17, 1992 | 1199 | Jan 21, 1997 | 1317 |
| -48.8% | Oct 10, 2007 | 352 | Mar 5, 2009 | 542 | Apr 28, 2011 | 894 |
| -35.46% | Aug 24, 2000 | 634 | Mar 11, 2003 | 863 | Aug 15, 2006 | 1497 |
| -34.99% | Oct 6, 1987 | 15 | Oct 26, 1987 | 982 | Jul 31, 1991 | 997 |
| -31.99% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
Volatility
Volatility Chart
The current BNY Mellon Appreciation Fund, Inc. volatility is 3.13%, 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.