- ISIN
- US05588Q1013
- CUSIP
- 05588Q101
- Issuer
- T. Rowe Price
- Inception Date
- Feb 4, 1972
- Category
- Large Cap Growth Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
DREQX Performance Chart
BNY Mellon Research Growth Fund, Inc. (DREQX) is up 9.4% since the beginning of the year. DREQX is currently trading at $23 per share. Investors who bought $1,000 worth of DREQX shares 5 years ago would now be looking at an investment worth $1,804.
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Returns By Period
BNY Mellon Research Growth Fund, Inc. (DREQX) has returned 9.37% so far this year and 28.25% over the past 12 months. Looking at the last ten years, DREQX has achieved an annualized return of 16.52%, outperforming the S&P 500 Index benchmark, which averaged 13.75% per year.
BNY Mellon Research Growth Fund, Inc.
- 1D
- 0.85%
- 1M
- 6.39%
- YTD
- 9.37%
- 6M
- 8.95%
- 1Y
- 28.25%
- 3Y*
- 23.36%
- 5Y*
- 12.53%
- 10Y*
- 16.52%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.68%
- YTD
- 11.16%
- 6M
- 11.10%
- 1Y
- 27.46%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
DREQX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1980, DREQX's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +16.0%, while the worst month was Oct 1987 at -24.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 8 months.
On a daily basis, DREQX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +12.0%, while the worst single day was Oct 22, 1987 at -16.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.00% | -3.81% | -5.67% | 12.88% | 5.89% | 0.85% | 9.37% | ||||||
| 2025 | 2.83% | -6.11% | -10.18% | 1.93% | 9.49% | 7.65% | 4.02% | 0.61% | 2.69% | 5.01% | -1.80% | -0.43% | 14.96% |
| 2024 | 1.70% | 6.28% | 3.58% | -4.03% | 4.96% | 5.40% | -3.74% | 1.02% | 2.68% | 0.35% | 7.87% | 3.98% | 33.57% |
| 2023 | 11.54% | -0.86% | 5.94% | 0.62% | 4.96% | 6.53% | 3.00% | -1.33% | -6.95% | -4.03% | 12.12% | 6.00% | 42.15% |
| 2022 | -10.74% | -1.75% | 4.19% | -16.18% | -3.78% | -9.36% | 12.94% | -5.35% | -10.12% | 6.94% | 4.81% | -8.02% | -33.84% |
| 2021 | -0.38% | 2.11% | -1.36% | 6.28% | -1.92% | 6.28% | 1.86% | 3.52% | -5.25% | 6.45% | -0.51% | 1.22% | 19.04% |
Benchmark Metrics
BNY Mellon Research Growth Fund, Inc. has an annualized alpha of -0.26%, beta of 0.93, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.
- This fund participated in 104.48% of S&P 500 Index downside but only 98.30% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.93 and R2 of 0.75, 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
- -0.26%
- Beta
- 0.93
- R²
- 0.75
- Upside Capture
- 98.30%
- Downside Capture
- 104.48%
Expense Ratio
DREQX has an expense ratio of 0.83%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DREQX ranks 36 for risk / return — below 36% 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 Research Growth Fund, Inc. (DREQX) and compare them to S&P 500 Index.
| DREQX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 2.39 | -0.48 |
Sortino ratioReturn per unit of downside risk | 2.57 | 3.25 | -0.69 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.43 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 3.11 | -1.12 |
Martin ratioReturn relative to average drawdown | 7.30 | 14.38 | -7.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
BNY Mellon Research Growth Fund, Inc. provided a 13.79% dividend yield over the last twelve months, with an annual payout of $3.12 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 | $3.12 | $3.12 | $1.92 | $0.61 | $1.96 | $3.06 | $2.22 | $1.50 | $2.48 | $1.47 | $0.78 | $0.95 |
Dividend yield | 13.79% | 15.09% | 9.19% | 3.56% | 15.70% | 14.04% | 10.57% | 9.67% | 18.79% | 9.48% | 5.68% | 6.69% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Research Growth Fund, Inc.. 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 | $1.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.07 | $3.12 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.92 | $1.92 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.61 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.80 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $1.96 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.82 | $3.06 |
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 Research Growth Fund, Inc.. 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 Research Growth Fund, Inc. was 52.06%, occurring on Oct 9, 2002. Recovery took 2083 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -52.06%Oct 2002 | 2y 6mo | 8y 3mo | 10y 9moMar 2000 - Jan 2011 |
1982 bear market1982 | -49.30%Aug 1982 | 1y 8mo | 5y | 6y 8moDec 1980 - Aug 1987 |
Bear market2022 | -38.53%Oct 2022 | 11mo 1d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 |
Black Monday1987 | -34.90%Dec 1987 | 2mo 17d | 3y 3mo | 3y 5moOct 1987 - Apr 1991 |
COVID crash2020 | -31.30%Mar 2020 | 1mo 2d | 2mo 12d | 3mo 14dFeb 2020 - Jun 2020 |
Drawdown Indicators
| DREQX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.06% | -56.78% | +4.72% |
Max Drawdown (1Y)Largest decline over 1 year | -15.09% | -9.10% | -5.99% |
Max Drawdown (3Y)Largest decline over 3 years | -27.51% | -18.90% | -8.61% |
Max Drawdown (5Y)Largest decline over 5 years | -38.53% | -25.43% | -13.10% |
Max Drawdown (10Y)Largest decline over 10 years | -38.53% | -33.92% | -4.61% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -13.77% | -10.72% | -3.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.11% | 1.97% | +2.14% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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