The recent departure of its longtime lead manager is a significant loss for BNY Mellon Natural Resources, but the current management team is respectable and is maintaining the investment process. The fund retains its Average People and Process Pillar ratings, and all of its share classes retain their Morningstar Analyst Ratings of Neutral.
BNY Mellon Natural Resources C DLDCX
NAV / 1-Day Return
33.24
/
2.28
%
Total Assets
374.6 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.980%
Expense Ratio
1.980%
Fee Level
Below Average
Longest Manager Tenure
1.34
years
Category
Natural Resources
Investment Style
Mid ValueMin. Initial Investment
1,000
Status
Open
TTM Yield
0.55%
Turnover
76%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will DLDCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DLDCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DLDCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of DLDCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Not worthy of recommendation at this time.
