BNY Mellon Real Return remains a sound choice for investors seeking a competitive and risk-conscious dynamic allocation strategy. Portfolio complexity has gradually increased, though, and the process leaves significant room for execution. These concerns, coupled with the continued struggles to deliver alpha on a consistent basis relative to the Morningstar Category benchmark, lead to a lower Process Pillar rating.
BNY Mellon Global Real Return - C DRRCX
- NAV / 1-Day Return 14.66 / −0.14 %
- Total Assets 1.2 Bil
-
Adj. Expense Ratio
1.940%
- Expense Ratio 1.940%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Tactical Allocation
- Investment Style Large Growth
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Status Open
- TTM Yield —
- Turnover 77%
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:01 AM GMT+0
Morningstar’s Analysis DRRCX
Will DRRCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 39.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Forward Exchange Contract Usd | 13.25 | 214.0 Mil | Derivative |
United States Treasury Notes 5.35142% | 11.90 | 192.2 Mil | Government |
E-mini S&P 500 Future June 24 | 10.22 | 165.1 Mil | — |
2 Year Treasury Note Future June 24 | 9.89 | 159.7 Mil | Government |
Forward Exchange Contract Usd | 9.33 | 150.7 Mil | Derivative |
Merrill Lynch B.V. 0% | 3.77 | 60.9 Mil | Corporate |
United States Treasury Notes 1.25% | 3.23 | 52.1 Mil | Government |
Forward Exchange Contract Jpy | 2.55 | 41.1 Mil | Derivative |
Mexico (United Mexican States) 8% | 2.38 | 38.5 Mil | Government |
E-Mini Russ 2000 Jun24 | 2.16 | 34.9 Mil | — |