BNY Mellon Natural Resources Fund Class A (DNLAX)

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The chart shows the growth of an initial investment of $10,000 in BNY Mellon Natural Resources Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

BNY Mellon Natural Resources Fund Class A (DNLAX) has returned 22.63% so far this year and 47.26% over the past 12 months. Looking at the last ten years, DNLAX has achieved an annualized return of 14.07%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Oct 31, 2003, DNLAX's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, your investment would double in approximately 5.5 years.

Historically, 59% of months were positive and 41% were negative. The best month was Oct 2011 with a return of +17.6%, while the worst month was Oct 2008 at -27.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DNLAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +20.5%, while the worst single day was Oct 15, 2008 at -16.6%.

BNY Mellon Natural Resources Fund Class A has an annualized alpha of 2.56%, beta of 1.15, and R² of 0.58 versus S&P 500 Index. Calculated based on daily prices since November 03, 2003.

• This fund captured 109.62% of S&P 500 Index gains and 100.70% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.56% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.15 and R² of 0.58, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

DNLAX has a high expense ratio of 1.14%, indicating above-average management fees.

DNLAX ranks 86 for risk / return — in the top 86% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for BNY Mellon Natural Resources Fund Class A (DNLAX) and compare them to a chosen benchmark (S&P 500 Index).

BNY Mellon Natural Resources Fund Class A provided a 1.79% dividend yield over the last twelve months, with an annual payout of $1.04 per share.

The table displays the monthly dividend distributions for BNY Mellon Natural Resources Fund Class A. 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 Natural Resources Fund Class A. 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 Class A was 69.14%, occurring on Nov 20, 2008. Recovery took 3095 trading sessions.

The current BNY Mellon Natural Resources Fund Class A drawdown is 2.30%.

The chart below shows the rolling one-month volatility.