BNY Mellon Balanced Opportunity Fund (THPBX)

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The chart shows the growth of an initial investment of $10,000 in BNY Mellon Balanced Opportunity 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 Balanced Opportunity Fund (THPBX) has returned -5.23% so far this year and 9.78% over the past 12 months. Over the last ten years, THPBX has returned 7.46% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 1990, THPBX's average daily return is +0.03%, while the average monthly return is +0.58%. At this rate, your investment would double in approximately 10.0 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%.

BNY Mellon Balanced Opportunity Fund has an annualized alpha of 0.78%, beta of 0.66, and R² of 0.84 versus S&P 500 Index. Calculated based on daily prices since January 03, 1990.

• This fund participated in 72.47% of S&P 500 Index downside but only 67.38% 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.

THPBX has an expense ratio of 0.90%, placing it in the medium range.

THPBX 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 Balanced Opportunity Fund (THPBX) and compare them to a chosen benchmark (S&P 500 Index).

BNY Mellon Balanced Opportunity Fund provided a 8.75% 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.

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.

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 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 7.50%.

The chart below shows the rolling one-month volatility.