- ISIN
- US09662F4037
- CUSIP
- 09662F403
- Issuer
- BNY Mellon
- Inception Date
- Mar 15, 1987
- Category
- Diversified Portfolio
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
THPBX Performance Chart
BNY Mellon Balanced Opportunity Fund (THPBX) is up 5.5% since the beginning of the year. THPBX is currently trading at $26 per share. Investors who bought $1,000 worth of THPBX shares 5 years ago would now be looking at an investment worth $1,373.
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Returns By Period
BNY Mellon Balanced Opportunity Fund (THPBX) has returned 5.48% so far this year and 16.34% over the past 12 months. Over the last ten years, THPBX has returned 8.42% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BNY Mellon Balanced Opportunity Fund
- 1D
- 0.82%
- 1M
- 1.14%
- YTD
- 5.48%
- 6M
- 5.22%
- 1Y
- 16.34%
- 3Y*
- 11.76%
- 5Y*
- 6.54%
- 10Y*
- 8.42%
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%
THPBX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1990, THPBX's average daily return is +0.03%, while the average monthly return is +0.60%. At this rate, an investment would double in approximately 9.7 years.
Historically, 61% of months were positive and 39% were negative. The best month was Mar 2000 with a return of +10.2%, while the worst month was Oct 2008 at -13.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, THPBX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +7.8%, while the worst single day was Dec 28, 1994 at -13.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.68% | 0.40% | -5.40% | 6.01% | 2.67% | 0.35% | 5.48% | ||||||
| 2025 | 2.43% | -0.67% | -4.14% | -0.26% | 3.94% | 4.17% | 1.01% | 1.76% | 1.53% | 1.90% | 0.42% | 0.44% | 12.98% |
| 2024 | 0.59% | 2.33% | 2.97% | -3.32% | 3.39% | 1.53% | 0.92% | 1.79% | 1.72% | -1.16% | 4.31% | -3.88% | 11.38% |
| 2023 | 5.86% | -1.99% | 2.68% | 1.09% | -0.33% | 3.53% | 2.00% | -0.98% | -3.87% | -2.53% | 7.10% | 3.54% | 16.62% |
| 2022 | -4.98% | -0.55% | 1.56% | -8.53% | -0.05% | -6.39% | 6.73% | -3.36% | -7.10% | 5.23% | 5.16% | -3.19% | -15.68% |
| 2021 | -0.49% | 2.82% | 0.46% | 4.05% | 0.31% | 1.87% | 1.23% | 1.99% | -3.08% | 4.11% | -1.33% | 0.30% | 12.68% |
Benchmark Metrics
BNY Mellon Balanced Opportunity Fund has an annualized alpha of 0.74%, beta of 0.66, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since January 02, 1990.
- This fund participated in 72.45% of S&P 500 Index downside but only 67.08% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.66 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
- 0.74%
- Beta
- 0.66
- R²
- 0.84
- Upside Capture
- 67.08%
- Downside Capture
- 72.45%
Expense Ratio
THPBX has an expense ratio of 0.90%, placing it in the medium range.
Return for Risk
Risk / Return Rank
THPBX 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 Balanced Opportunity Fund (THPBX) 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.
| THPBX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.37 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.78 | -0.61 |
| Martin ratioReturn relative to average drawdown | 10.35 | 12.44 | -2.09 |
Dividends
Dividend History
BNY Mellon Balanced Opportunity Fund provided a 7.86% dividend yield over the last twelve months, with an annual payout of $2.03 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 | $2.03 | $2.03 | $1.27 | $1.06 | $1.26 | $2.63 | $0.80 | $0.83 | $1.94 | $1.19 | $0.28 | $1.22 |
Dividend yield | 7.86% | 8.30% | 5.42% | 4.78% | 6.32% | 10.48% | 3.26% | 3.57% | 9.72% | 5.19% | 1.32% | 6.17% |
Monthly Dividends
The table displays the monthly dividend distributions for BNY Mellon Balanced Opportunity 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 | $2.03 | $2.03 |
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 | $1.27 |
| 2023 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $1.06 |
| 2022 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $1.26 |
| 2021 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.50 | $2.63 |
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 Balanced Opportunity 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 Balanced Opportunity Fund was 42.24%, occurring on Mar 9, 2009. Recovery took 489 trading sessions.
The current BNY Mellon Balanced Opportunity Fund drawdown is 0.23%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -42.24%Mar 2009 | 1y 5mo | 1y 11mo | 3y 4moOct 2007 - Feb 2011 |
COVID crash2020 | -26.45%Mar 2020 | 1mo 9d | 5mo 8d | 6mo 17dFeb 2020 - Aug 2020 |
Dot-com crash2000–2002 | -24.97%Oct 2002 | 6mo 23d | 1y 1mo | 1y 7moMar 2002 - Nov 2003 |
Bear market2022 | -23.61%Oct 2022 | 11mo 9d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 |
1998 correction1998 | -19.63%Oct 1998 | 2mo 20d | 2mo 14d | 5mo 4dJul 1998 - Dec 1998 |
Drawdown Indicators
| THPBX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.24% | -56.78% | +14.54% |
Max Drawdown (1Y)Largest decline over 1 year | -7.50% | -9.10% | +1.60% |
Max Drawdown (3Y)Largest decline over 3 years | -13.69% | -18.90% | +5.21% |
Max Drawdown (5Y)Largest decline over 5 years | -23.61% | -25.43% | +1.82% |
Max Drawdown (10Y)Largest decline over 10 years | -26.45% | -33.92% | +7.47% |
Current DrawdownCurrent decline from peak | -0.23% | -1.80% | +1.57% |
Average DrawdownAverage peak-to-trough decline | -5.17% | -10.71% | +5.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 2.03% | -0.46% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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