BNY Mellon Technology Growth Fund (DTGRX)

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The chart shows the growth of an initial investment of $10,000 in BNY Mellon Technology Growth Fund, 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 Technology Growth Fund (DTGRX) has returned -11.55% so far this year and 24.57% over the past 12 months. Looking at the last ten years, DTGRX has achieved an annualized return of 18.37%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Oct 13, 1997, DTGRX's average daily return is +0.06%, while the average monthly return is +1.23%. At this rate, your investment would double in approximately 4.7 years.

Historically, 58% of months were positive and 42% were negative. The best month was Feb 2000 with a return of +32.1%, while the worst month was Feb 2001 at -28.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, DTGRX closed higher 54% of trading days. The best single day was Dec 10, 2019 with a return of +21.3%, while the worst single day was Mar 16, 2020 at -12.9%.

BNY Mellon Technology Growth Fund has an annualized alpha of 4.85%, beta of 1.25, and R² of 0.67 versus S&P 500 Index. Calculated based on daily prices since October 14, 1997.

• This fund captured 159.71% of S&P 500 Index gains and 126.92% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 4.85% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

DTGRX has a high expense ratio of 1.16%, indicating above-average management fees.

DTGRX ranks 41 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for BNY Mellon Technology Growth Fund (DTGRX) and compare them to a chosen benchmark (S&P 500 Index).

BNY Mellon Technology Growth Fund provided a 13.61% dividend yield over the last twelve months, with an annual payout of $8.38 per share.

The table displays the monthly dividend distributions for BNY Mellon Technology Growth Fund. 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 Technology Growth 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 Technology Growth Fund was 83.23%, occurring on Oct 7, 2002. Recovery took 3783 trading sessions.

The current BNY Mellon Technology Growth Fund drawdown is 17.27%.

The chart below shows the rolling one-month volatility.