BNY Mellon Global Real Return Fund - Class I (DRRIX)

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BNY Mellon Global Real Return Fund - Class I (DRRIX) is up 6.1% since the beginning of the year. DRRIX is currently trading at $18 per share. Investors who bought $1,000 worth of DRRIX shares 5 years ago would now be looking at an investment worth $1,245.

BNY Mellon Global Real Return Fund - Class I (DRRIX) has returned 6.09% so far this year and 17.16% over the past 12 months. Over the last ten years, DRRIX has returned 4.98% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since May 12, 2010, DRRIX's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.

Historically, 62% of months were positive and 38% were negative. The best month was Jan 2026 with a return of +4.6%, while the worst month was Mar 2020 at -7.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, DRRIX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +3.0%, while the worst single day was Mar 12, 2020 at -4.5%.

BNY Mellon Global Real Return Fund - Class I has an annualized alpha of 1.69%, beta of 0.25, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since May 12, 2010.

• This fund participated in 32.45% of S&P 500 Index downside but only 29.67% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.25 may look defensive, but with R2 of 0.47 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.47 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

DRRIX has a high expense ratio of 0.95%, indicating above-average management fees.

DRRIX ranks 74 for risk / return — better than 74% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

BNY Mellon Global Real Return Fund - Class I provided a 3.69% dividend yield over the last twelve months, with an annual payout of $0.65 per share.

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.

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 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 1.18%.

The chart below shows the rolling one-month volatility.