MOTIX vs. DAGVX

Last updated Apr 2, 2026

Compare and contrast key facts about BNY Mellon Municipal Opportunities Fund (MOTIX) and BNY Mellon Dynamic Value Fund (DAGVX).

MOTIX is managed by BNY Mellon. It was launched on Oct 14, 2008. DAGVX is managed by BNY Mellon. It was launched on Sep 29, 1995.

Performance

MOTIX vs. DAGVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Municipal Opportunities Fund (MOTIX) and BNY Mellon Dynamic Value Fund (DAGVX). The values are adjusted to include any dividend payments, if applicable.

MOTIX vs. DAGVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOTIX BNY Mellon Municipal Opportunities Fund	0.00%	3.74%	3.44%	6.60%	-10.86%	2.81%	4.76%	8.03%	2.29%	5.65%
DAGVX BNY Mellon Dynamic Value Fund	2.23%	18.20%	14.16%	12.54%	1.43%	30.90%	3.66%	26.74%	-10.76%	14.78%

Returns By Period

MOTIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DAGVX

• 1D: 2.17%
• 1M: -3.96%
• YTD: 2.23%
• 6M: 7.27%
• 1Y: 18.00%
• 3Y*: 15.62%
• 5Y*: 12.42%
• 10Y*: 12.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MOTIX vs. DAGVX - Expense Ratio Comparison

MOTIX has a 0.90% expense ratio, which is lower than DAGVX's 0.93% expense ratio.

DAGVX

BNY Mellon Dynamic Value Fund

MOTIX

BNY Mellon Municipal Opportunities Fund

Return for Risk

MOTIX vs. DAGVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAGVX

DAGVX Risk / Return Rank: 59
DAGVX Sharpe Ratio Rank: 54
DAGVX Sortino Ratio Rank: 53
DAGVX Omega Ratio Rank: 54
DAGVX Calmar Ratio Rank: 63
DAGVX Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MOTIX vs. DAGVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Municipal Opportunities Fund (MOTIX) and BNY Mellon Dynamic Value Fund (DAGVX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MOTIX	DAGVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.56	—

Correlation

The correlation between MOTIX and DAGVX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

MOTIX vs. DAGVX - Dividend Comparison

MOTIX's dividend yield for the trailing twelve months is around 2.74%, less than DAGVX's 6.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOTIX BNY Mellon Municipal Opportunities Fund	2.74%	4.35%	3.46%	2.32%	3.64%	2.06%	2.60%	3.32%	3.19%	2.83%	3.45%	3.21%
DAGVX BNY Mellon Dynamic Value Fund	6.54%	6.69%	6.85%	5.09%	7.96%	21.64%	2.64%	3.29%	17.81%	10.71%	2.72%	15.78%

Drawdowns

Drawdown Indicators

	MOTIX	DAGVX	Difference
Max Drawdown Largest peak-to-trough decline	—	-55.04%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.62%	—
Current Drawdown Current decline from peak	—	-4.66%	—
Average Drawdown Average peak-to-trough decline	—	-7.69%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.77%	—

Volatility

Volatility by Period

	MOTIX	DAGVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.89%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.58%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.82%	—