BNY Mellon Global Real Estate Securities Fund (DRLIX)
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in publicly-traded equity securities of companies principally engaged in the real estate sector. It normally invests in a global portfolio of equity securities of real estate companies, including real estate investment trusts (REITs) and real estate operating companies, with principal places of business located in, but not limited to, the developed markets of Europe, Australia, Asia and North America (including the United States).
Fund Info
| ISIN | US05588F8326 |
|---|---|
| Issuer | Dreyfus |
| Inception Date | Dec 28, 2006 |
| Category | REIT |
| Min. Investment | $1,000 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
DRLIX has a high expense ratio of 1.05%, 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 Global Real Estate Securities 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 Global Real Estate Securities Fund had a return of -6.78% year-to-date (YTD) and 1.72% in the last 12 months. Over the past 10 years, BNY Mellon Global Real Estate Securities Fund had an annualized return of 3.91%, while the S&P 500 had an annualized return of 10.37%, indicating that BNY Mellon Global Real Estate Securities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -6.78% | 5.57% |
| 1 month | -5.60% | -4.16% |
| 6 months | 13.70% | 20.07% |
| 1 year | 1.72% | 20.82% |
| 5 years (annualized) | 1.56% | 11.56% |
| 10 years (annualized) | 3.91% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.27% | 0.00% | 3.15% | |||||||||
| 2023 | -4.82% | 11.18% | 9.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DRLIX is 9, indicating that it is in the bottom 9% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
BNY Mellon Global Real Estate Securities Fund(DRLIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Global Real Estate Securities Fund (DRLIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BNY Mellon Global Real Estate Securities Fund granted a 2.99% dividend yield in the last twelve months. The annual payout for that period amounted to $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.22 | $0.56 | $0.84 | $0.13 | $1.01 | $0.38 | $0.42 | $0.49 | $0.46 | $0.28 | $0.27 |
Dividend yield | 2.99% | 2.79% | 7.68% | 8.25% | 1.47% | 11.17% | 4.63% | 4.72% | 5.73% | 5.40% | 3.05% | 3.30% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Global Real Estate Securities 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 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.84 |
| 2020 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 |
| 2013 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
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 Global Real Estate Securities 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 Global Real Estate Securities Fund was 67.98%, occurring on Mar 9, 2009. Recovery took 1029 trading sessions.
The current BNY Mellon Global Real Estate Securities Fund drawdown is 19.45%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -67.98% | Feb 26, 2007 | 511 | Mar 9, 2009 | 1029 | Apr 11, 2013 | 1540 |
| -41.82% | Feb 18, 2020 | 25 | Mar 23, 2020 | 261 | Apr 6, 2021 | 286 |
| -31.86% | Jan 5, 2022 | 196 | Oct 14, 2022 | — | — | — |
| -15.41% | Feb 6, 2015 | 256 | Feb 11, 2016 | 60 | May 9, 2016 | 316 |
| -15.05% | May 21, 2013 | 24 | Jun 24, 2013 | 235 | May 30, 2014 | 259 |
Volatility
Volatility Chart
The current BNY Mellon Global Real Estate Securities Fund volatility is 5.36%, 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.