- ISIN
- US05569M8064
- Issuer
- BNY Mellon
- Inception Date
- Oct 2, 2000
- Category
- Small Cap Growth Equities
- Min. Investment
- $10,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
MPSSX Performance Chart
BNY Mellon Small Cap Multi-Strategy Fund (MPSSX) is up 19.1% since the beginning of the year. MPSSX is currently trading at $19 per share. Investors who bought $1,000 worth of MPSSX shares 5 years ago would now be looking at an investment worth $1,304.
Loading charts...
Returns By Period
BNY Mellon Small Cap Multi-Strategy Fund (MPSSX) has returned 19.11% so far this year and 33.25% over the past 12 months. Over the last ten years, MPSSX has returned 9.62% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BNY Mellon Small Cap Multi-Strategy Fund
- 1D
- 2.36%
- 1M
- 5.43%
- YTD
- 19.11%
- 6M
- 15.92%
- 1Y
- 33.25%
- 3Y*
- 13.90%
- 5Y*
- 5.45%
- 10Y*
- 9.62%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MPSSX Monthly Returns History
Based on dividend-adjusted daily data since Sep 29, 2000, MPSSX's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +15.7%, while the worst month was Dec 2018 at -24.0%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MPSSX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +10.6%, while the worst single day was Dec 17, 2018 at -15.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.65% | 2.22% | -7.74% | 11.63% | 1.76% | 4.25% | 19.11% | ||||||
| 2025 | 5.45% | -5.51% | -6.49% | -1.52% | 5.89% | 6.50% | 0.20% | 4.92% | 1.81% | 0.59% | 2.36% | -1.80% | 11.99% |
| 2024 | -3.94% | 2.96% | 3.02% | -5.62% | 5.75% | -0.49% | 5.96% | -0.19% | 1.40% | -1.33% | 9.87% | -8.91% | 7.16% |
| 2023 | 10.18% | -2.02% | -5.07% | -1.96% | -1.83% | 7.74% | 4.74% | -4.43% | -5.86% | -7.68% | 7.44% | 10.04% | 9.32% |
| 2022 | -8.56% | 1.55% | 2.83% | -10.05% | 0.10% | -8.21% | 9.81% | -1.89% | -9.16% | 9.92% | 2.23% | -5.95% | -18.37% |
| 2021 | 3.13% | 6.61% | -1.54% | 3.52% | -1.47% | 1.69% | -2.56% | 0.89% | -2.11% | 4.78% | -4.75% | 3.40% | 11.50% |
Benchmark Metrics
BNY Mellon Small Cap Multi-Strategy Fund has an annualized alpha of 0.89%, beta of 1.06, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since September 29, 2000.
- This fund captured 116.91% of S&P 500 Index gains and 111.81% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.06 and R2 of 0.78, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.89%
- Beta
- 1.06
- R²
- 0.78
- Upside Capture
- 116.91%
- Downside Capture
- 111.81%
Expense Ratio
MPSSX has a high expense ratio of 1.01%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MPSSX ranks 44 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 Small Cap Multi-Strategy Fund (MPSSX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MPSSX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.78 | -0.23 |
| Martin ratioReturn relative to average drawdown | 9.81 | 12.44 | -2.63 |
Dividends
Dividend History
BNY Mellon Small Cap Multi-Strategy Fund provided a 35.48% dividend yield over the last twelve months, with an annual payout of $6.61 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 | $6.61 | $6.61 | $1.83 | $0.11 | $0.51 | $2.94 | $0.15 | $0.60 | $0.60 | $1.70 | $0.10 | $0.63 |
Dividend yield | 35.48% | 42.26% | 9.22% | 0.54% | 2.77% | 12.65% | 0.61% | 3.32% | 4.06% | 8.49% | 0.53% | 4.03% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Small Cap Multi-Strategy 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.61 | $6.61 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.83 | $1.83 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2022 | $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 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.94 | $2.94 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the BNY Mellon Small Cap Multi-Strategy 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 Small Cap Multi-Strategy Fund was 58.11%, occurring on Mar 9, 2009. Recovery took 994 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.11%Mar 2009 | 1y 7mo | 3y 11mo | 5y 7moJul 2007 - Feb 2013 |
COVID crash2020 | -47.66%Mar 2020 | 1y 6mo | 8mo 11d | 2y 2moSep 2018 - Nov 2020 |
Dot-com crash2000–2002 | -31.91%Oct 2002 | 5mo 9d | 1y 5d | 1y 5moMay 2002 - Oct 2003 |
2023 bear market2023 | -30.76%Oct 2023 | 1y 11mo | 1y 12mo | 3y 11moNov 2021 - Oct 2025 |
2016 bear market2016 | -27.77%Feb 2016 | 7mo 22d | 9mo 15d | 1y 5moJun 2015 - Nov 2016 |
Drawdown Indicators
| MPSSX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.11% | -56.78% | -1.33% |
Max Drawdown (1Y)Largest decline over 1 year | -13.06% | -9.10% | -3.96% |
Max Drawdown (3Y)Largest decline over 3 years | -25.78% | -18.90% | -6.88% |
Max Drawdown (5Y)Largest decline over 5 years | -30.76% | -25.43% | -5.33% |
Max Drawdown (10Y)Largest decline over 10 years | -47.66% | -33.92% | -13.74% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -12.23% | -10.71% | -1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 2.03% | +1.37% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with MPSSX
Add BNY Mellon Small Cap Multi-Strategy Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with MPSSX