Historical Prices

Start Date End Date

BNY Mellon Natural Resources Fund

Why invest in this Fund?

The fund seeks long-term growth of capital. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks or securities convertible into common stocks (such as convertible preferred stocks, warrants and convertible bonds) of foreign companies and depositary receipts evidencing ownership in such securities. At least 75% of the fund’s net assets will be invested in countries represented in the MSCI EAFE Index.
Min. class investment
$1,000
Class Inception Date
10/31/03
Fund Assets
$327,815,577  As of  11/25/20
Class Assets
$10,988,301  As of  11/25/20
Portfolio Turnover Rate
77.60%  As of fiscal year end  09/30/19
Morningstar Category
Natural Resources
Benchmark
S&P 500(r) Index
Morningstar Overall Rating
Fund Holdings
44  As of  10/31/20

Morningstar Rating™ as of October 31, 2020 for the Class C class shares; other classes may have different performance characteristics. Overall rating for the Natural Resources category. Fund ratings are out of 5 Stars: Overall 3 Stars (102 funds rated); 3 Yrs. 2 Stars (102 funds rated); 5 Yrs. 2 Stars (94 funds rated); 10 Yrs. 3 Stars (83 funds rated). The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. ©2018 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

Portfolio Managers

  • Chu, Albert

    Albert Chu

    Portfolio Manager

    1 yr(s). on fund

  • Intoppa, David S.

    David S. Intoppa

    Senior Research Analyst, Mellon Investments Corporation

    0 yr(s). on fund


Click here to see SALES CHARGE  Max Sales Charge:  1.00% CDSC Load
As of  10/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Natural Resources Fund
DLDCX
-8.18 -5.14 1.19 0.68 5.32 10/31/03
S&P 500(r) Index
9.71 10.42 11.71 13.01 - -
As of  09/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Natural Resources Fund
DLDCX
-8.15 -5.16 2.07 1.05 5.29 10/31/03
S&P 500(r) Index
15.15 12.28 14.15 13.74 - -
Click here to see SALES CHARGE  Max Sales Charge:  1.00% CDSC Load
As of  10/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Natural Resources Fund
DLDCX
-8.18 -14.64 6.08 6.96 141.44 10/31/03
S&P 500(r) Index
9.71 34.64 73.97 239.87 - -
As of  09/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Natural Resources Fund
DLDCX
-8.15 -14.70 10.79 11.02 139.27 10/31/03
S&P 500(r) Index
15.15 41.55 93.80 262.44 - -
The S&P 500® Index is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

Growth of $10,000 Investment

Historical Performance

    These figures do not reflect the maximum sales charge which, if included, would reduce return.

    Yearly Total Return

    Fund 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
    DLDCX
    15.53% -18.39% 12.92% 26.81% -23.44% -4.03% 17.43% 3.42% -10.13% 19.60%

    Investment return fluctuates and past performance is no guarantee of future results.


    Redemption Charge

    As of  11/27/20  Redemption Year CDSC
    Year 1 1.00
    Class C shares are subject to a contingent deferred sales charge (CDSC) imposed on Class C shares redeemed within one year of purchase.

    Prospectus Fee Table Expense Ratios

    As of  01/31/20 Fee Description Expense Ratio (%)
    Management Fee 0.75%
    12B-1 Fee 0.75%
    Service Fee 0.25%
    Other Expenses 0.21%
    Total Expenses 1.96%
    Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
    The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until January 31, 2021, to waive receipt of its fees and/or assume the direct expenses of the fund, so that the direct expenses of none of the fund's share classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 1.10%. On or after January 31, 2021, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation at any time.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). Albert Chu, CFA and David S. Intoppa are the fund's primary portfolio managers, positions they have held since October 2019 and November 2020, respectively. Mr. Chu is a vice president and senior research analyst on the Global Equity Research team at Mellon Investments Corporation (Mellon), an affiliate of BNYM Investment Adviser. Mr. Intoppa is a director and senior research analyst on the Dynamic Large Cap Value Strategy at Mellon. Messrs. Chu and Intoppa are also employees of BNYM Investment Adviser.

    Top Holdings

    As of  10/31/20   Holdings % Portfolio  Weight
    Archer-Daniels-Midland 5.44
    Bunge 4.72
    Barrick Gold 4.54
    Newmont Goldcorp 4.22
    Freeport-McMoRan 4.07
    Anglo American 3.98
    Mosaic 3.97
    Equinor 3.92
    Corteva 3.91
    ConocoPhillips 3.90

    Asset Allocation


        Daily Statistics

        As of  11/25/20 Name NAV Change 11/24/20  12 Month 
        High Nav
        03/18/20  12 Month 
        Low Nav
        YTD Return
        DLDCX
        $27.72
        -$0.14
        -0.50%
        $27.86 $14.24 1.28%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Natural Resources


        Morningstar Rating™ as of 10/31/20 for the Class C shares; other classes may have different performance characteristics. Overall rating for the Natural Resources. Fund ratings are out of 5 Stars: Overall 3 Stars (279 funds rated); 3 Yrs. 2 Stars (102 funds rated); 5 Yrs. 2 Stars (94 funds rated); 10 Yrs. 3 Stars (83 funds rated).
        The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. © Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

        Lipper Rankings

        • 1 Year
          7 out of 68
        • 3 Year
          7 out of 67
        • 5 Year
          6 out of 59
        • 10 Year
          5 out of 50

        LIPPER CLASSIFICATION Natural Resources Funds


        Lipper Category returns and rankings are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

        Main Risks

        Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.
        Small and midsized company stocks tend to be more volatile and less liquid than larger company stocks as these companies are less established and have more volatile earnings histories.
        Currencies are subject to the risk that those currencies will decline in value relative to a local currency, or, in the case of hedged positions, that the local currency will decline relative to the currency being hedged. Each of these risks could increase the fund's volatility.
        Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
        The natural resources sector canbe affected by events occurring in nature, inflation, and domestic and international politics. Interest rates, commodity prices, economic, tax, and energy developments, and government regulations may affect the natural resources sector andthe share prices of the companies in the sector.
        Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

        Risk Metrics

        As of  10/31/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DLDCX
        25.23 -10.77 1.37 85.39 -0.14

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Sep 30
        Year Dividend ($) Capital Gains ($)
        2019 0.3207 0.0000
        2018 0.2135 0.0000
        2016 0.1879 0.0000
        2015 0.0623 0.0000
        2014 0.0454 0.2754
        2007 0.0000 2.5160
        2006 0.0000 0.9100
        2005 0.2751 1.2383
        2004 0.0000 0.5270
        There is no guarantee that the fund will distribute any level annually. Capital gains may be short-term, long-term, or both.

        Distributions History

        (Values Listed In $) Ordinary 
        Non-Qualified 
        Dividends
        Qualified 
        Dividends
        Non-Qualified 
        Short-Term 
        Capital Gain
        Qualified 
        Short-Term 
        Capital Gain
        Long-Term 
        Capital Gain
        Total 
        Distribution
        Reinvest 
        NAV
        DLDCX
        0.0000 0.3207 0.0000 0.0000 0.0000 0.3207 25.49
        Record Date Ex-Dividend Date Payable Date
        DLDCX
        12/02/19 12/03/19 12/03/19
        (Values Listed In $) Distribution Status Ordinary 
        Non-Qualified 
        Dividends
        Qualified 
        Dividends
        Non-Qualified 
        Short-Term 
        Capital Gain
        Qualified 
        Short-Term 
        Capital Gain
        Long-Term 
        Capital Gain
        Total 
        Distribution
        Reinvest 
        NAV
        DLDCX
        Estimated 0.2827 0.0000 0.0000 0.0000 0.0000 0.2827 -
        Record Date Ex-Dividend Date Payable Date
        DLDCX
        11/30/20 12/01/20 12/01/20