BNY Mellon Global Real Return Fund - Class I (DRRIX)
Fund Info
| ISIN | US0075652521 |
|---|---|
| CUSIP | 05587N828 |
| Issuer | BNY Mellon |
| Inception Date | May 12, 2010 |
| Category | Tactical Allocation |
| Min. Investment | $1,000 |
| Home Page | im.bnymellon.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
DRRIX has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BNY Mellon Global Real Return Fund - Class I, 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 Return Fund - Class I had a return of 5.22% year-to-date (YTD) and 7.61% in the last 12 months. Over the past 10 years, BNY Mellon Global Real Return Fund - Class I had an annualized return of 3.67%, while the S&P 500 had an annualized return of 10.84%, indicating that BNY Mellon Global Real Return Fund - Class I did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.22% | 10.00% |
| 1 month | 0.83% | 2.41% |
| 6 months | 9.55% | 16.70% |
| 1 year | 7.61% | 26.85% |
| 5 years (annualized) | 4.23% | 12.81% |
| 10 years (annualized) | 3.67% | 10.84% |
Monthly Returns
The table below presents the monthly returns of DRRIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.54% | 1.53% | 3.02% | -1.65% | 5.22% | ||||||||
| 2023 | 1.44% | -2.30% | 0.35% | 1.04% | -2.32% | 0.35% | 0.63% | -1.04% | -0.84% | -2.33% | 4.41% | 3.54% | 2.69% |
| 2022 | -3.84% | -0.48% | -0.54% | -1.51% | 0.12% | -1.40% | 0.31% | -0.56% | -2.92% | 0.19% | 1.92% | 0.02% | -8.47% |
| 2021 | -0.97% | 0.12% | 2.19% | 2.03% | 1.11% | -0.58% | 0.64% | 1.44% | -3.13% | 3.82% | -2.32% | 2.65% | 6.98% |
| 2020 | 0.85% | -2.85% | -7.40% | 4.32% | 2.35% | 1.69% | 3.91% | 2.23% | -1.68% | -0.83% | 4.23% | 3.21% | 9.74% |
| 2019 | 1.93% | 0.59% | 2.33% | 0.50% | 1.29% | 2.42% | -0.00% | 1.44% | -0.84% | 0.46% | -0.06% | 1.65% | 12.29% |
| 2018 | -0.42% | -2.03% | 1.21% | 1.13% | 0.42% | 0.21% | 1.73% | 0.34% | -0.00% | -2.58% | 0.63% | 0.56% | 1.12% |
| 2017 | -0.29% | 1.44% | 1.00% | 0.70% | 2.59% | -1.70% | -0.90% | 0.91% | -0.21% | 0.56% | 0.28% | -0.10% | 4.29% |
| 2016 | 1.51% | 1.84% | 0.07% | 0.49% | 0.21% | 3.79% | 1.13% | -1.71% | 0.00% | -1.34% | -4.19% | 1.11% | 2.71% |
| 2015 | 1.31% | 1.02% | 0.00% | 0.13% | 0.27% | -2.61% | 1.30% | -1.42% | -0.76% | 1.66% | -0.55% | -0.28% | -0.01% |
| 2014 | -0.41% | 2.60% | -0.47% | 0.34% | 1.34% | 0.73% | -0.92% | 1.26% | -0.65% | -0.13% | 2.24% | -1.55% | 4.35% |
| 2013 | 1.73% | -0.07% | 2.27% | 1.46% | -0.62% | -2.75% | 2.48% | -0.41% | 0.90% | 1.79% | -0.20% | 0.40% | 7.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DRRIX is 42, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
DRRIX (BNY Mellon Global Real Return Fund - Class I)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BNY Mellon Global Real Return Fund - Class I (DRRIX) 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 Return Fund - Class I granted a 0.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.02 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.02 | $0.02 | $1.40 | $0.29 | $0.23 | $0.43 | $0.51 | $0.13 | $0.41 | $0.62 | $0.73 | $0.19 |
Dividend yield | 0.14% | 0.15% | 9.59% | 1.65% | 1.39% | 2.79% | 3.62% | 0.88% | 2.98% | 4.46% | 5.03% | 1.29% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Global Real Return Fund - Class I. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $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 | $0.02 | $0.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.40 | $1.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2019 | $0.00 | $0.03 | $0.02 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.43 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.51 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2014 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.73 |
| 2013 | $0.19 | $0.19 |
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 Return Fund - Class I. 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 Return Fund - Class I was 15.92%, occurring on Mar 20, 2020. Recovery took 90 trading sessions.
The current BNY Mellon Global Real Return Fund - Class I drawdown is 2.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.92% | Feb 20, 2020 | 22 | Mar 20, 2020 | 90 | Jul 29, 2020 | 112 |
| -14.29% | Nov 17, 2021 | 489 | Oct 27, 2023 | — | — | — |
| -8.23% | Aug 15, 2016 | 77 | Dec 1, 2016 | 423 | Aug 8, 2018 | 500 |
| -7.93% | Jun 1, 2011 | 48 | Aug 8, 2011 | 264 | Aug 24, 2012 | 312 |
| -6.09% | May 16, 2013 | 27 | Jun 24, 2013 | 86 | Oct 24, 2013 | 113 |
Volatility
Volatility Chart
The current BNY Mellon Global Real Return Fund - Class I volatility is 1.41%, 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.