BNY Mellon Natural Resources Fund (DLDRX)
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in stocks of companies in the natural resources and natural resources related sectors. It invests in growth and value stocks and typically will maintain exposure to the major natural resources sectors. The fund may invest in companies of any market capitalization. It may invest in foreign securities, including emerging markets securities, without limitation.
Fund Info
| ISIN | US05587A8595 |
|---|---|
| Issuer | Dreyfus |
| Inception Date | Oct 30, 2003 |
| Category | Energy Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
DLDRX has a high expense ratio of 0.91%, 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 Natural Resources 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 Natural Resources Fund had a return of 13.25% year-to-date (YTD) and 17.89% in the last 12 months. Over the past 10 years, BNY Mellon Natural Resources Fund had an annualized return of 8.37%, while the S&P 500 had an annualized return of 10.37%, indicating that BNY Mellon Natural Resources Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.25% | 5.57% |
| 1 month | 4.74% | -4.16% |
| 6 months | 16.71% | 20.07% |
| 1 year | 17.89% | 20.82% |
| 5 years (annualized) | 19.69% | 11.56% |
| 10 years (annualized) | 8.37% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -3.90% | 0.92% | 11.48% | |||||||||
| 2023 | -6.16% | -0.35% | 3.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DLDRX is 45, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
BNY Mellon Natural Resources Fund(DLDRX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Natural Resources Fund (DLDRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BNY Mellon Natural Resources Fund granted a 10.96% dividend yield in the last twelve months. The annual payout for that period amounted to $5.76 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $5.76 | $5.76 | $4.99 | $2.13 | $0.36 | $0.66 | $0.50 | $0.21 | $0.42 | $0.29 | $0.56 |
Dividend yield | 10.96% | 12.42% | 9.66% | 5.07% | 1.11% | 2.16% | 1.87% | 0.63% | 1.44% | 1.25% | 1.86% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Natural Resources 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 | $5.76 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.99 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.13 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 |
| 2014 | $0.56 |
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 Natural Resources 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 Natural Resources Fund was 69.13%, occurring on Nov 20, 2008. Recovery took 3083 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.13% | Jun 24, 2008 | 105 | Nov 20, 2008 | 3083 | Feb 24, 2021 | 3188 |
| -27.64% | Jun 8, 2022 | 25 | Jul 14, 2022 | 431 | Apr 2, 2024 | 456 |
| -22.81% | May 11, 2006 | 100 | Oct 3, 2006 | 43 | Dec 4, 2006 | 143 |
| -17.96% | Jun 3, 2021 | 55 | Aug 19, 2021 | 35 | Oct 8, 2021 | 90 |
| -16.29% | Jan 4, 2008 | 13 | Jan 23, 2008 | 25 | Feb 28, 2008 | 38 |
Volatility
Volatility Chart
The current BNY Mellon Natural Resources Fund volatility is 4.16%, 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.