BNY Mellon Large Cap Equity Fund (DLQAX)

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BNY Mellon Large Cap Equity Fund (DLQAX) is up 7.5% since the beginning of the year. DLQAX is currently trading at $12 per share. Investors who bought $1,000 worth of DLQAX shares 5 years ago would now be looking at an investment worth $1,518.

BNY Mellon Large Cap Equity Fund (DLQAX) has returned 7.51% so far this year and 23.24% over the past 12 months. Over the last ten years, DLQAX has returned 13.03% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jun 20, 1996, DLQAX's average daily return is +0.03%, while the average monthly return is +0.51%. At this rate, an investment would double in approximately 11.4 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +13.1%, while the worst month was Oct 2008 at -20.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 7 months.

On a daily basis, DLQAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +12.7%, while the worst single day was Mar 16, 2020 at -12.8%.

BNY Mellon Large Cap Equity Fund has an annualized alpha of -2.63%, beta of 0.94, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since June 21, 1996.

• This fund participated in 102.72% of S&P 500 Index downside but only 87.61% of its upside - more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -2.63% versus S&P 500 Index - delivering less than market exposure alone would predict.
• With beta of 0.94 and R2 of 0.89, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

DLQAX has a high expense ratio of 1.00%, indicating above-average management fees.

DLQAX ranks 45 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for BNY Mellon Large Cap Equity Fund (DLQAX) and compare them to S&P 500 Index.

BNY Mellon Large Cap Equity Fund provided a 23.37% dividend yield over the last twelve months, with an annual payout of $2.89 per share.

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

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.

The table below displays the maximum drawdowns of the BNY Mellon Large Cap Equity 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 Large Cap Equity Fund was 70.38%, occurring on Mar 9, 2009. Recovery took 1584 trading sessions.

The chart below shows the rolling one-month volatility.