DRRIX: BNY Mellon Global Real Return Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$17.35

-

1.33%

$0.23

0.96%

Vitals

YTD Return

4.7%

1 yr return

11.3%

3 Yr Avg Return

8.6%

5 Yr Avg Return

5.6%

Net Assets

$3.74 B

Holdings in Top 10

32.2%

52 WEEK LOW AND HIGH

$17.42
$15.52
$17.62

Expenses

OPERATING FEES

Expense Ratio 0.96%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 91.18%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$750


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Tactical Allocation


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$17.35

-

1.33%

$0.23

0.96%

DRRIX - Profile

Distributions

  • YTD Total Return 4.7%
  • 3 Yr Annualized Total Return 8.6%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.34%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    BNY Mellon Global Real Return Fund
  • Fund Family Name
    Dreyfus
  • Inception Date
    May 12, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Suzanne Hutchins

Fund Description

The fund uses an actively-managed multi-asset strategy to produce absolute or real returns with less volatility than major equity markets over a complete market cycle, typically a period of five years. Rather than managing to track a benchmark index, it seeks to provide returns that are largely independent of market moves. The fund allocates its investments among global equities, bonds and cash, and, generally to a lesser extent, other asset classes, including real estate, commodities, currencies and alternative or non-traditional asset classes and strategies, primarily those accessed through derivative instruments.


DRRIX - Performance

Return Ranking - Trailing

Period DRRIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.7% -14.9% 29.8% 79.93%
1 Yr 11.3% -4.1% 70.6% 84.50%
3 Yr 8.6%* -1.2% 27.3% 45.49%
5 Yr 5.6%* 0.9% 31.2% 84.68%
10 Yr 5.1%* -0.6% 13.6% 80.74%

* Annualized

Return Ranking - Calendar

Period DRRIX Return Category Return Low Category Return High Rank in Category (%)
2020 8.2% -17.2% 52.8% 26.62%
2019 9.2% -11.4% 27.3% 60.31%
2018 -2.4% -29.6% 1.6% 2.11%
2017 3.4% -11.6% 29.4% 83.04%
2016 -0.3% -14.9% 16.0% 86.47%

Total Return Ranking - Trailing

Period DRRIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.7% -14.9% 29.8% 79.93%
1 Yr 11.3% -7.9% 70.6% 79.34%
3 Yr 8.6%* -3.0% 27.3% 40.39%
5 Yr 5.6%* -0.2% 31.2% 82.55%
10 Yr 5.1%* -0.6% 13.6% 80.74%

* Annualized

Total Return Ranking - Calendar

Period DRRIX Return Category Return Low Category Return High Rank in Category (%)
2020 8.2% -17.2% 52.8% 26.62%
2019 9.2% -11.4% 27.3% 60.31%
2018 -2.4% -29.6% 1.6% 3.80%
2017 4.3% -5.4% 29.4% 90.63%
2016 2.7% -14.9% 19.7% 76.33%

NAV & Total Return History


DRRIX - Holdings

Concentration Analysis

DRRIX Category Low Category High DRRIX % Rank
Net Assets 3.74 B 643 K 17.6 B 6.05%
Number of Holdings 189 2 1869 21.35%
Net Assets in Top 10 1.15 B -104 M 11.2 B 13.52%
Weighting of Top 10 32.21% 12.6% 100.0% 84.03%

Top 10 Holdings

  1. 10 Year Treasury Note Future Dec 20 23.63%
  2. 10 Year Treasury Note Future Dec 20 23.63%
  3. 10 Year Treasury Note Future Dec 20 23.63%
  4. 10 Year Treasury Note Future Dec 20 23.63%
  5. 10 Year Treasury Note Future Dec 20 23.63%
  6. 10 Year Treasury Note Future Dec 20 23.63%
  7. 10 Year Treasury Note Future Dec 20 23.63%
  8. 10 Year Treasury Note Future Dec 20 23.63%
  9. 10 Year Treasury Note Future Dec 20 23.63%
  10. 10 Year Treasury Note Future Dec 20 23.63%

Asset Allocation

Weighting Return Low Return High DRRIX % Rank
Stocks
57.62% 0.00% 199.20% 61.57%
Cash
17.87% -174.65% 80.58% 14.23%
Other
13.58% -30.29% 67.44% 15.66%
Bonds
9.23% 0.00% 212.15% 64.41%
Convertible Bonds
1.70% 0.00% 6.27% 11.74%
Preferred Stocks
0.00% 0.00% 11.95% 97.86%

Stock Sector Breakdown

Weighting Return Low Return High DRRIX % Rank
Consumer Cyclical
16.29% 0.00% 60.13% 12.55%
Technology
16.06% 0.00% 54.08% 66.92%
Financial Services
14.41% 0.00% 96.81% 38.78%
Healthcare
12.88% 0.00% 29.91% 35.36%
Industrials
11.35% 0.00% 22.90% 23.57%
Basic Materials
8.72% 0.00% 46.77% 11.03%
Consumer Defense
6.35% 0.00% 27.69% 43.35%
Communication Services
5.11% 0.00% 26.02% 81.75%
Utilities
4.50% 0.00% 91.16% 16.73%
Real Estate
2.74% 0.00% 72.00% 61.98%
Energy
1.57% 0.00% 70.75% 74.90%

Stock Geographic Breakdown

Weighting Return Low Return High DRRIX % Rank
Non US
33.85% -0.38% 64.60% 11.74%
US
23.77% 0.00% 197.43% 72.60%

Bond Sector Breakdown

Weighting Return Low Return High DRRIX % Rank
Derivative
57.67% 0.00% 61.36% 2.49%
Cash & Equivalents
26.30% 0.00% 100.00% 60.85%
Corporate
9.71% 0.00% 100.00% 45.55%
Government
6.32% 0.00% 99.17% 65.12%
Securitized
0.00% 0.00% 63.58% 98.22%
Municipal
0.00% 0.00% 20.38% 98.22%

Bond Geographic Breakdown

Weighting Return Low Return High DRRIX % Rank
Non US
8.52% 0.00% 87.37% 34.52%
US
0.71% -29.94% 125.49% 69.04%

DRRIX - Expenses

Operational Fees

DRRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.38% 3.80% 76.90%
Management Fee 0.75% 0.00% 1.50% 47.31%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.70% N/A

Sales Fees

DRRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DRRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DRRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 91.18% 1.00% 465.00% 32.91%

DRRIX - Distributions

Dividend Yield Analysis

DRRIX Category Low Category High DRRIX % Rank
Dividend Yield 1.33% 0.00% 0.59% 98.22%

Dividend Distribution Analysis

DRRIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

DRRIX Category Low Category High DRRIX % Rank
Net Income Ratio 1.34% -73.00% 9.24% 25.09%

Capital Gain Distribution Analysis

DRRIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

DRRIX - Fund Manager Analysis

Managers

Suzanne Hutchins


Start Date

Tenure

Tenure Rank

Dec 31, 2010

10.67

10.7%

Suzanne Hutchins rejoined Newton in 2010 as global investment manager and member of the Real Return team. Suzanne has lead management responsibility for the Global Real Return USD strategy. She moved to Capital International in 2005 as investment specialist for global equity, income and absolute-return-based strategies. She had additional client facing responsibility for ESG (Environmental, Social and Governance) issues. Suzanne initially joined Newton in 1991 as a research analyst after completing a BA (Hons) at University College London. During her first 14 years with Newton, she worked closely with Stewart Newton before becoming lead manager on the UK and Intrepid team. She managed multi-asset and global equity mandates, as well as RPI+ based strategies, for institutional and retail clients.

Aron Pataki


Start Date

Tenure

Tenure Rank

Dec 14, 2015

5.72

5.7%

Aron Pataki is a global portfolio manager and risk strategist for the real return portfolios, with a particular focus on the use of derivatives and hedging. He is also the lead manager on the Euro real return strategy. Aron joined Newton in 2006 as a member of the portfolio analytics team, where he was responsible for risk analysis and portfolio construction across Newton’s institutional and retail portfolios. Previously, he worked as a quantitative analyst at Lacima Group.

Andrew Warwick


Start Date

Tenure

Tenure Rank

Jan 02, 2019

2.66

2.7%

Andy is a global portfolio manager of the Real Return strategy. Together with Aron Pataki and Suzanne Hutchins, Andy is responsible for the final capital allocation decisions on the strategy. Andy started his career at Mercury Asset Management in 1993 as a unit trust dealer before joining the quant & derivatives team to focus on managing synthetic portfolios for clients and trading equity derivatives for the firm. In 2006, Andy joined the multi-asset team at BlackRock where he was responsible for managing absolute and relative return mandates as well as the head of research specialising in equity thematic views and risk premia strategies. Andy has an MSc in Finance from Leicester University and is a CFA charterholder. Andy plays in a rock band in his spare time and enjoys playing, writing and recording music.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 33.08 5.67 12.25