- ISIN
- US05569M6571
- Issuer
- BNY Mellon
- Inception Date
- Oct 1, 2000
- Category
- Diversified Portfolio
- Min. Investment
- $10,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MPBLX Performance Chart
BNY Mellon Asset Allocation Fund (MPBLX) is up 8.1% since the beginning of the year. MPBLX is currently trading at $16 per share. Investors who bought $1,000 worth of MPBLX shares 5 years ago would now be looking at an investment worth $1,434.
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Returns By Period
BNY Mellon Asset Allocation Fund (MPBLX) has returned 8.06% so far this year and 20.20% over the past 12 months. Over the last ten years, MPBLX has returned 9.05% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
BNY Mellon Asset Allocation Fund
- 1D
- 0.26%
- 1M
- 3.71%
- YTD
- 8.06%
- 6M
- 8.29%
- 1Y
- 20.20%
- 3Y*
- 14.61%
- 5Y*
- 7.47%
- 10Y*
- 9.05%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
MPBLX Monthly Returns History
Based on dividend-adjusted daily data since Sep 29, 2000, MPBLX's average daily return is +0.03%, while the average monthly return is +0.55%. At this rate, an investment would double in approximately 10.5 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +8.9%, while the worst month was Mar 2020 at -11.5%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MPBLX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +5.8%, while the worst single day was Mar 16, 2020 at -8.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.23% | 1.03% | -5.18% | 6.75% | 3.11% | 0.26% | 8.06% | ||||||
| 2025 | 2.62% | -0.92% | -3.63% | 0.17% | 4.50% | 3.67% | 0.94% | 2.19% | 2.55% | 1.42% | 0.44% | 0.14% | 14.74% |
| 2024 | 0.32% | 3.14% | 2.52% | -3.59% | 3.43% | 1.72% | 1.68% | 2.03% | 1.77% | -1.61% | 4.09% | -3.12% | 12.71% |
| 2023 | 5.36% | -2.47% | 1.51% | 0.79% | -1.00% | 4.20% | 2.37% | -1.65% | -3.77% | -2.47% | 6.87% | 4.16% | 14.08% |
| 2022 | -4.42% | -1.64% | 0.99% | -6.96% | 0.23% | -5.99% | 6.05% | -3.07% | -7.15% | 4.82% | 4.70% | -3.38% | -15.76% |
| 2021 | -0.02% | 2.50% | 1.66% | 3.68% | 0.62% | 1.56% | 0.87% | 2.07% | -3.52% | 4.46% | -1.43% | 2.78% | 16.03% |
Benchmark Metrics
BNY Mellon Asset Allocation Fund has an annualized alpha of 1.93%, beta of 0.58, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since October 02, 2000.
- This fund participated in 67.47% of S&P 500 Index downside but only 66.55% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.58 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.93%
- Beta
- 0.58
- R²
- 0.91
- Upside Capture
- 66.55%
- Downside Capture
- 67.47%
Expense Ratio
MPBLX has an expense ratio of 0.41%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MPBLX ranks 56 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BNY Mellon Asset Allocation Fund (MPBLX) and compare them to S&P 500 Index.
| MPBLX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.41 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 2.93 | -0.20 |
| Martin ratioReturn relative to average drawdown | 12.10 | 13.52 | -1.42 |
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 Asset Allocation Fund provided a 5.85% dividend yield over the last twelve months, with an annual payout of $0.92 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 | $0.92 | $0.92 | $0.61 | $0.20 | $1.29 | $0.98 | $0.22 | $0.91 | $0.75 | $0.57 | $0.30 | $0.77 |
Dividend yield | 5.85% | 6.32% | 4.50% | 1.59% | 11.58% | 6.64% | 1.59% | 7.43% | 6.78% | 4.52% | 2.70% | 7.02% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Asset Allocation 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.06 | ||||||
| 2025 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.77 | $0.92 |
| 2024 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.44 | $0.61 |
| 2023 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.05 | $0.20 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $1.18 | $1.29 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.87 | $0.98 |
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 Asset Allocation 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 Asset Allocation Fund was 34.80%, occurring on Mar 9, 2009. Recovery took 420 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -34.80%Mar 2009 | 1y 4mo | 1y 8mo | 3y 4dNov 2007 - Nov 2010 |
COVID crash2020 | -26.82%Mar 2020 | 1mo 2d | 4mo 15d | 5mo 17dFeb 2020 - Aug 2020 |
Bear market2022 | -21.30%Oct 2022 | 11mo 9d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 |
Dot-com crash2000–2002 | -19.28%Oct 2002 | 2y 6d | 1y 2mo | 3y 2moOct 2000 - Dec 2003 |
2011 correction2011 | -16.75%Oct 2011 | 5mo 4d | 1y 2mo | 1y 7moMay 2011 - Dec 2012 |
Drawdown Indicators
| MPBLX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.80% | -56.78% | +21.98% |
Max Drawdown (1Y)Largest decline over 1 year | -7.61% | -9.10% | +1.49% |
Max Drawdown (3Y)Largest decline over 3 years | -13.38% | -18.90% | +5.52% |
Max Drawdown (5Y)Largest decline over 5 years | -21.30% | -25.43% | +4.13% |
Max Drawdown (10Y)Largest decline over 10 years | -26.82% | -33.92% | +7.10% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -5.03% | -10.72% | +5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 1.97% | -0.26% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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