BNY Mellon Natural Resources Fund
- TICKER DLDRX
- Fund Code 6009
- CUSIP 05587A859
- SHARE CLASS
-
Literature Download
Why invest in this Fund?
Morningstar Rating™ as of July 31, 2024 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Natural Resources category. Fund ratings are out of 5 Stars: Overall 4 Stars (109 funds rated); 3 Yrs. 5 Stars (109 funds rated); 5 Yrs. 5 Stars (103 funds rated); 10 Yrs. 3 Stars (90 funds rated).
Portfolio Managers
-
David Intoppa
Research Analyst, Newton Investment Management North America, LLC
Managing Fund Since 2020
Joined Firm in 2006
Joined Industry in 2000
-
Brock Campbell, CFA
Portfolio Manager, Newton Investment Management North America, LLC
Managing Fund Since 2023
Joined Firm in 2005
Joined Industry in 2005
Total Returns
Month End
Average Annual As of 07/31/24 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 07/31/24 |
YTD 07/31/24 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Natural Resources Fund
DLDRX |
0.40 | 9.18 | 3.17 | 20.81 | 18.42 | 7.97 | 10.09 |
S&P Global Natural Resources Index
|
-0.37 | 1.75 | 1.48 | 6.96 | 9.22 | 4.75 | - |
Quarter End
Average Annual As of 06/30/24 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 06/30/24 |
YTD 06/30/24 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Natural Resources Fund
DLDRX |
0.10 | 8.23 | 13.41 | 17.93 | 17.79 | 7.56 | 10.08 |
S&P Global Natural Resources Index
|
-1.77 | 0.36 | 7.81 | 6.35 | 8.38 | 4.49 | - |
The performance data quotes represents past performance, which is no guarantee of future results. Yield, share price and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Click above for month-end returns.
The S&P Global Natural Resources Index includes 90 of the largest publicly traded companies in natural resources and commodities businesses that meet specific investability requirements, offering investors diversified and investable equity exposure across three primary commodity-related sectors: agribusiness, energy, and metals & mining. Investors cannot invest directly in any index.
Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.
Growth of $10,000 Investment
Past performance is no guarantee of future results.
Historical Performance
Not available for purchase by individual investors.
Past performance is no guarantee of future results.
Yearly Total Return
Yearly
Investment return fluctuates and past performance is no guarantee of future results.
Prospectus Fee Table Expense Ratios
As of 02/01/24 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.75% |
Other Expenses | 0.15% |
Total Expenses | 0.90% |
Net Expenses | 0.90% |
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 08/30/24 Name | NAV | Change |
09/14/23 12 Month High Nav |
12/06/23 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
DLDRX
|
$49.57 |
$0.25
0.51%
|
$56.44 | $43.20 | 6.78% |
Performance Metrics
Overall Morningstar Rating
MORNINGSTAR CATEGORY Natural Resources
Morningstar Rating™ as of 07/31/24 for the Class I shares; other classes may have different performance
characteristics. Overall rating for the Natural Resources. Fund ratings are out of 5 Stars: Overall
4 Stars (109 funds rated); 3 Yrs.
5 Stars (109 funds rated); 5 Yrs.
5 Stars (103 funds rated); 10 Yrs.
3 Stars (90 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
55 out of 64 -
3 Year
39 out of 61 -
5 Year
4 out of 61 -
10 Year
1 out of 54
LIPPER CLASSIFICATION Natural Resources Funds
Main Risks
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 can be 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 and the share prices of the companies in the sector.
Risk Metrics
As of 07/31/24 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
DLDRX
|
26.87 | 15.85 | 0.92 | 32.29 | 0.71 |
All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is MSCI ACWI Index.
Alpha - Alpha is a measure of a security's or portfolio's excess return.
Beta - Beta is a measure of a security’s or portfolio’s volatility, or systematic risk.
R-Squared - R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.
Sharpe Ratio - Sharpe ratio is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.
Standard Deviation - Standard deviation is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.
Dividend Schedule
As of
Year | Dividend ($) | Capital Gains ($) |
---|---|---|
2023 | 1.1935 | 4.5708 |
2022 | 0.7698 | 4.2238 |
2021 | 0.5587 | 1.5704 |
2020 | 0.3565 | 0.0000 |
2019 | 0.6582 | 0.0000 |
2018 | 0.5000 | 0.0000 |
2017 | 0.2090 | 0.0000 |
2016 | 0.4194 | 0.0000 |
2015 | 0.2875 | 0.0000 |
2014 | 0.2852 | 0.2754 |
There is no guarantee that the fund will distribute any level annually. Capital gains may be short-term, long-term, or both.
Distributions History
Record Date | Ex-Dividend Date | Payable Date |
Ordinary Non-Qualified Dividends |
Qualified Dividends |
Non-Qualified Short-Term Capital Gain |
Qualified Short-Term Capital Gain |
Long-Term Capital Gain |
Total Distribution |
---|---|---|---|---|---|---|---|---|
12/05/23 | 12/06/23 | 12/06/23 | 0.0386 | 1.1549 | 0.0045 | 0.1363 | 4.4300 | 5.7643 |
Record Date | Ex-Dividend Date | Payable Date |
Ordinary Non-Qualified Dividends |
Qualified Dividends |
Non-Qualified Short-Term Capital Gain |
Qualified Short-Term Capital Gain |
Long-Term Capital Gain |
Total Distribution |
---|---|---|---|---|---|---|---|---|
12/02/22 | 12/05/22 | 12/05/22 | 0.0000 | 0.7698 | 0.0000 | 0.0000 | 4.2238 | 4.9936 |
11/30/21 | 12/01/21 | 12/01/21 | 0.0000 | 0.5587 | 0.0000 | 0.0812 | 1.4892 | 2.1291 |
11/30/20 | 12/01/20 | 12/01/20 | 0.0000 | 0.3565 | 0.0000 | 0.0000 | 0.0000 | 0.3565 |
12/02/19 | 12/03/19 | 12/03/19 | 0.0000 | 0.6582 | 0.0000 | 0.0000 | 0.0000 | 0.6582 |
11/30/18 | 12/03/18 | 12/03/18 | 0.0000 | 0.5000 | 0.0000 | 0.0000 | 0.0000 | 0.5000 |
11/30/17 | 12/01/17 | 12/01/17 | 0.0000 | 0.2090 | 0.0000 | 0.0000 | 0.0000 | 0.2090 |
11/30/16 | 12/01/16 | 12/01/16 | 0.0000 | 0.4194 | 0.0000 | 0.0000 | 0.0000 | 0.4194 |
12/01/15 | 12/02/15 | 12/02/15 | 0.0000 | 0.2875 | 0.0000 | 0.0000 | 0.0000 | 0.2875 |
12/02/14 | 12/03/14 | 12/03/14 | 0.0000 | 0.2852 | 0.0000 | 0.0000 | 0.2754 | 0.5606 |
11/30/12 | 12/03/12 | 12/03/12 | 0.0000 | 0.1300 | 0.0000 | 0.0000 | 0.0000 | 0.1300 |
12/14/07 | 12/17/07 | 12/17/07 | 0.0000 | 0.0000 | 0.0000 | 0.0450 | 2.4710 | 2.5160 |
12/15/06 | 12/18/06 | 12/18/06 | 0.0000 | 0.0000 | 0.0815 | 0.2475 | 0.5810 | 0.9100 |
See all rows... |
Literature
PRODUCT MATERIALS
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