BNY Mellon Small Cap Multi-Strategy Fund (MPSSX)

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The chart shows the growth of an initial investment of $10,000 in BNY Mellon Small Cap Multi-Strategy 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 Small Cap Multi-Strategy Fund (MPSSX) has returned -3.00% so far this year and 16.58% over the past 12 months. Over the last ten years, MPSSX has returned 7.72% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Sep 29, 2000, MPSSX's average daily return is +0.04%, while the average monthly return is +0.68%. At this rate, your investment would double in approximately 8.5 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%.

BNY Mellon Small Cap Multi-Strategy Fund has an annualized alpha of 0.72%, beta of 1.06, and R² of 0.78 versus S&P 500 Index. Calculated based on daily prices since October 02, 2000.

• This fund captured 117.76% of S&P 500 Index gains and 112.96% 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.

MPSSX has a high expense ratio of 1.01%, indicating above-average management fees.

MPSSX ranks 31 for risk / return — below 31% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for BNY Mellon Small Cap Multi-Strategy Fund (MPSSX) and compare them to a chosen benchmark (S&P 500 Index).

BNY Mellon Small Cap Multi-Strategy Fund provided a 43.57% 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.

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.

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 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.

The current BNY Mellon Small Cap Multi-Strategy Fund drawdown is 13.06%.

The chart below shows the rolling one-month volatility.