BNY Mellon Global Dynamic Bond Income Fund (DGDIX)
The investment seeks total return (consisting of income and capital appreciation). To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds and other instruments that provide investment exposure to global bond markets. It normally invests at least 10% of its net assets in each of government bonds, emerging market sovereign debt and investment grade and high yield corporate instruments. The fund seeks to provide a minimum average annual total return of USD 30-day Compounded SOFR plus 3%, before fees and expenses, over a five-year period.
Fund Info
ISIN | US05587N8772 |
---|---|
Issuer | Dreyfus |
Inception Date | Mar 24, 2011 |
Category | Nontraditional Bonds |
Min. Investment | $1,000 |
Asset Class | Bond |
Expense Ratio
DGDIX has a high expense ratio of 0.80%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon Global Dynamic Bond Income 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 Global Dynamic Bond Income Fund had a return of 0.77% year-to-date (YTD) and 2.29% in the last 12 months. Over the past 10 years, BNY Mellon Global Dynamic Bond Income Fund had an annualized return of 1.69%, while the S&P 500 had an annualized return of 10.67%, indicating that BNY Mellon Global Dynamic Bond Income Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.77% | 9.49% |
1 month | -0.19% | 1.20% |
6 months | 3.49% | 18.29% |
1 year | 2.29% | 26.44% |
5 years (annualized) | 1.18% | 12.64% |
10 years (annualized) | 1.69% | 10.67% |
Monthly Returns
The table below presents the monthly returns of DGDIX, 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 | 0.00% | 0.19% | 1.05% | -0.76% | 0.77% | ||||||||
2023 | 2.69% | -0.97% | 0.78% | 0.49% | -0.68% | 0.29% | 0.48% | -0.87% | -0.78% | -0.79% | 1.78% | 2.00% | 4.44% |
2022 | -1.49% | -1.35% | -1.02% | -2.41% | -0.84% | -3.75% | 2.78% | -1.18% | -2.94% | -0.00% | 3.08% | -0.02% | -8.97% |
2021 | -0.64% | -1.20% | -0.16% | 0.65% | 0.24% | 0.16% | 0.24% | 0.24% | -0.48% | -0.40% | -0.41% | 0.67% | -1.10% |
2020 | 1.14% | -0.00% | -6.04% | 2.40% | 1.90% | 1.81% | 1.96% | 0.47% | -0.16% | 0.00% | 2.37% | 0.97% | 6.72% |
2019 | 1.36% | 0.42% | 1.42% | 0.41% | 0.84% | 1.72% | 0.88% | 1.30% | -0.32% | -0.16% | -0.11% | 0.65% | 8.72% |
2018 | 0.25% | -0.41% | 0.08% | 0.08% | -0.01% | -0.08% | 0.66% | -0.02% | 0.00% | -0.33% | -0.35% | 0.96% | 0.83% |
2017 | 0.42% | 0.42% | -0.00% | 0.58% | 0.50% | 0.08% | 0.25% | 0.49% | -0.16% | 0.25% | 0.08% | 0.08% | 3.02% |
2016 | 0.17% | 0.17% | 0.75% | 0.25% | 0.50% | 0.91% | 0.82% | 0.54% | -0.24% | -0.08% | -0.72% | 0.45% | 3.54% |
2015 | 1.29% | -0.08% | 0.08% | -0.32% | -0.68% | -0.65% | 0.08% | -0.29% | -0.16% | 0.17% | -0.07% | -0.22% | -0.86% |
2014 | 0.24% | 0.32% | 0.48% | 0.48% | 0.48% | 0.08% | 0.00% | 0.47% | -0.39% | 0.00% | 0.55% | 0.09% | 2.83% |
2013 | 0.00% | 0.00% | 2.39% | 1.48% | -1.32% | -1.57% | 0.72% | -0.23% | 0.32% | 0.56% | 0.10% | 0.02% | 2.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DGDIX is 24, indicating that it is in the bottom 24% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
DGDIX (BNY Mellon Global Dynamic Bond Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Global Dynamic Bond Income Fund (DGDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BNY Mellon Global Dynamic Bond Income Fund granted a 0.62% dividend yield in the last twelve months. The annual payout for that period amounted to $0.07 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.07 | $0.07 | $0.94 | $0.32 | $0.55 | $0.51 | $0.53 | $0.08 | $0.43 | $0.33 | $0.48 | $0.39 |
Dividend yield | 0.62% | 0.63% | 9.35% | 2.66% | 4.43% | 4.15% | 4.50% | 0.66% | 3.62% | 2.73% | 3.90% | 3.10% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Global Dynamic Bond Income 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.72 | $0.94 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.27 | $0.32 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.20 | $0.55 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.22 | $0.51 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.30 | $0.53 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.31 | $0.43 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.12 | $0.33 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.34 | $0.48 |
2013 | $0.15 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.05 | $0.07 | $0.39 |
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 Global Dynamic Bond Income 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 Global Dynamic Bond Income Fund was 14.04%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current BNY Mellon Global Dynamic Bond Income Fund drawdown is 5.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-14.04% | Jan 6, 2021 | 453 | Oct 21, 2022 | — | — | — |
-10.79% | Mar 5, 2020 | 11 | Mar 19, 2020 | 82 | Jul 16, 2020 | 93 |
-3.48% | May 10, 2013 | 31 | Jun 24, 2013 | 216 | May 2, 2014 | 247 |
-2.63% | Apr 14, 2015 | 172 | Dec 15, 2015 | 135 | Jun 29, 2016 | 307 |
-1.67% | Aug 2, 2011 | 50 | Oct 11, 2011 | 13 | Oct 28, 2011 | 63 |
Volatility
Volatility Chart
The current BNY Mellon Global Dynamic Bond Income Fund volatility is 0.72%, 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.