- ISIN
- US05587N6461
- CUSIP
- 05587N646
- Issuer
- BNY Mellon
- Inception Date
- Sep 29, 1995
- Category
- Mid Cap Blend Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
DMCVX Performance Chart
BNY Mellon Opportunistic Midcap Value Fund (DMCVX) is up 11.9% since the beginning of the year. DMCVX is currently trading at $33 per share. Investors who bought $1,000 worth of DMCVX shares 5 years ago would now be looking at an investment worth $1,458.
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Returns By Period
BNY Mellon Opportunistic Midcap Value Fund (DMCVX) has returned 11.90% so far this year and 21.93% over the past 12 months. Over the last ten years, DMCVX has returned 9.90% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BNY Mellon Opportunistic Midcap Value Fund
- 1D
- 0.95%
- 1M
- 3.04%
- YTD
- 11.90%
- 6M
- 10.50%
- 1Y
- 21.93%
- 3Y*
- 14.05%
- 5Y*
- 7.84%
- 10Y*
- 9.90%
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%
DMCVX Monthly Returns History
Based on dividend-adjusted daily data since Sep 29, 1995, DMCVX's average daily return is +0.05%, while the average monthly return is +1.08%. At this rate, an investment would double in approximately 5.4 years.
Historically, 60% of months were positive and 40% were negative. The best month was Jan 2001 with a return of +22.2%, while the worst month was Aug 1998 at -24.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, DMCVX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +11.7%, while the worst single day was Mar 16, 2020 at -12.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.52% | 3.13% | -6.09% | 7.90% | 2.93% | 1.48% | 11.90% | ||||||
| 2025 | 4.26% | -2.82% | -4.98% | -1.41% | 5.67% | 2.53% | 0.29% | 3.77% | -0.06% | -0.09% | 2.35% | 0.85% | 10.30% |
| 2024 | -0.13% | 4.17% | 4.93% | -4.57% | 2.91% | -1.02% | 2.95% | 1.49% | 1.26% | -0.77% | 7.05% | -7.32% | 10.50% |
| 2023 | 6.97% | -5.07% | -2.12% | 1.23% | -3.32% | 7.05% | 3.69% | -1.30% | -3.24% | -5.02% | 8.40% | 5.82% | 12.35% |
| 2022 | -3.25% | 1.02% | 4.12% | -4.35% | 0.48% | -10.47% | 7.10% | -1.88% | -8.81% | 8.71% | 4.68% | -3.90% | -8.24% |
| 2021 | -0.89% | 6.90% | 3.50% | 5.00% | 2.34% | -2.61% | -1.32% | 0.11% | -2.51% | 4.64% | -6.57% | 7.21% | 15.84% |
Benchmark Metrics
BNY Mellon Opportunistic Midcap Value Fund has an annualized alpha of 2.77%, beta of 1.02, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since September 29, 1995.
- This fund captured 126.98% of S&P 500 Index gains and 113.17% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.77% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.02 and R2 of 0.82, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.77%
- Beta
- 1.02
- R²
- 0.82
- Upside Capture
- 126.98%
- Downside Capture
- 113.17%
Expense Ratio
DMCVX has a high expense ratio of 1.09%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
DMCVX ranks 37 for risk / return — below 37% 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 Opportunistic Midcap Value Fund (DMCVX) 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.
| DMCVX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.37 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 2.78 | -0.37 |
| Martin ratioReturn relative to average drawdown | 9.02 | 12.44 | -3.42 |
Dividends
Dividend History
BNY Mellon Opportunistic Midcap Value Fund provided a 12.30% dividend yield over the last twelve months, with an annual payout of $4.04 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 | $4.04 | $4.04 | $3.04 | $1.18 | $1.82 | $4.13 | $0.03 | $0.07 | $6.93 | $3.22 | $1.51 | $6.10 |
Dividend yield | 12.30% | 13.77% | 10.02% | 3.94% | 6.55% | 12.80% | 0.10% | 0.26% | 33.11% | 9.62% | 4.60% | 20.93% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Opportunistic Midcap Value 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $4.04 | $4.04 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.04 | $3.04 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.18 | $1.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.82 | $1.82 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.13 | $4.13 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon Opportunistic Midcap Value 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 Opportunistic Midcap Value Fund was 58.31%, occurring on Nov 20, 2008. Recovery took 347 trading sessions.
The current BNY Mellon Opportunistic Midcap Value Fund drawdown is 0.85%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.31%Nov 2008 | 1y 4mo | 1y 4mo | 2y 8moJul 2007 - Apr 2010 |
Dot-com crash2000–2002 | -53.15%Oct 2002 | 1y 4mo | 1y 3mo | 2y 7moMay 2001 - Jan 2004 |
1998 bear market1998 | -45.46%Oct 1998 | 5mo 18d | 7mo 14d | 1y 27dApr 1998 - May 1999 |
COVID crash2020 | -40.44%Mar 2020 | 1mo 1d | 6mo 23d | 7mo 24dFeb 2020 - Oct 2020 |
2011 bear market2011 | -31.07%Oct 2011 | 4mo 25d | 1y 2mo | 1y 7moMay 2011 - Dec 2012 |
Drawdown Indicators
| DMCVX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.31% | -56.78% | -1.53% |
Max Drawdown (1Y)Largest decline over 1 year | -9.13% | -9.10% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -21.13% | -18.90% | -2.23% |
Max Drawdown (5Y)Largest decline over 5 years | -21.13% | -25.43% | +4.30% |
Max Drawdown (10Y)Largest decline over 10 years | -40.44% | -33.92% | -6.52% |
Current DrawdownCurrent decline from peak | -0.85% | -1.80% | +0.95% |
Average DrawdownAverage peak-to-trough decline | -9.04% | -10.71% | +1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.03% | +0.41% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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