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BNY Mellon Global Real Return - Y DRRYX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See BNY Mellon Investment Hub

Morningstar’s Analysis DRRYX

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

  • People Pillar

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

The strategy retains several strengths, but its potential to deliver alpha is more uncertain.

Senior Analyst Francesco Paganelli

Francesco Paganelli

Senior Analyst

Summary

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.

by Francesco Paganelli
Rated on Published on

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