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Morningstar

BNY Mellon US Mortgage Z DRGMX

Morningstar Medalist Rating
Medalist Rating as of | See BNY Mellon Investment Hub
  • NAV / 1-Day Return 12.42  /  0.48 %
  • Total Assets 184.6 Mil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 2.87%
  • Effective Duration 5.89 years

USD | NAV as of Dec 09, 2023 | 1-Day Return as of Dec 09, 2023, 12:27 AM GMT+0

Morningstar’s Analysis DRGMX

Will DRGMX 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 DRGMX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the DRGMX 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 DRGMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in BNY Mellon US Mortgage Z's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DRGMX

More DRGMX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 107
  • Other Holdings 1
  • % Assets in Top 10 Holdings 47.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Government National Mortgage Association 2.5%

8.71
17,968,423
Securitized

Federal National Mortgage Association 7%

7.83
16,153,125
Securitized

Fnma Pass-Thru I 3%

6.06
12,495,703
Securitized

Government National Mortgage Association 6%

5.70
11,757,041
Securitized

Government National Mortgage Association 2.5%

3.48
7,179,453
Securitized

Government National Mortgage Association 2%

3.45
7,122,762
Securitized

KNDR TRUST 6.39848%

3.45
7,105,013
Securitized

Fnma Pass-Thru I 5%

3.24
6,684,356
Securitized

Federal National Mortgage Association 3.5%

2.73
5,630,415
Securitized

ALEN 2021-ACEN MORTGAGE TRUST 6.59948%

2.63
5,415,161
Securitized