AVGAX: Dreyfus Dynamic Total Return A

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AVGAX Dreyfus Dynamic Total Return A


Profile

AVGAX - Profile

Vitals

  • YTD Return -3.3%
  • 3 Yr Annualized Return -0.9%
  • 5 Yr Annualized Return -0.8%
  • Net Assets $686 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$15.60
$13.64
$16.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.55%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 26.17%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Multialternative

Distributions

  • YTD Total Return -3.3%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.96%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    BNY Mellon Dynamic Total Return Fund
  • Fund Family Name
    Dreyfus
  • Inception Date
    May 02, 2006
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Vassilis Dagioglu

Fund Description

The fund normally invests in instruments that provide investment exposure to global equity, bond, currency and commodity markets, and in fixed-income securities. It may invest in instruments that provide economic exposure to developed and, to a limited extent, emerging market issuers. The fund may invest up to 30% of its net assets in emerging market issuers and considers emerging market countries to be those included in the Morgan Stanley Capital International Emerging Markets Index. It is non-diversified.


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Categories

Performance

AVGAX - Performance

Return Ranking - Trailing

Period AVGAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.3% -50.3% 171.3% 55.95%
1 Yr -2.6% -57.9% 139.8% 57.34%
3 Yr -0.9%* -20.5% 29.7% 61.12%
5 Yr -0.8%* -40.3% 11.9% 64.66%
10 Yr 4.8%* -39.4% 13.9% 22.32%

* Annualized

Return Ranking - Calendar

Period AVGAX Return Category Return Low Category Return High Rank in Category (%)
2019 11.3% -39.5% 46.8% 53.91%
2018 -8.2% -31.8% 19.0% 35.22%
2017 2.1% -27.1% 46.3% 87.59%
2016 -0.4% -84.5% 146.1% 88.55%
2015 -0.3% -40.7% 14.6% 4.16%

Total Return Ranking - Trailing

Period AVGAX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.3% -50.3% 171.3% 55.95%
1 Yr -2.6% -57.9% 139.8% 57.34%
3 Yr 0.8%* -20.5% 29.7% 59.52%
5 Yr 0.3%* -40.3% 11.9% 75.64%
10 Yr 5.3%* -39.4% 14.5% 59.91%

* Annualized

Total Return Ranking - Calendar

Period AVGAX Return Category Return Low Category Return High Rank in Category (%)
2019 11.3% -39.5% 46.8% 55.09%
2018 -8.2% -27.6% 19.0% 60.24%
2017 7.4% -27.1% 46.3% 68.79%
2016 -0.2% -84.5% 146.1% 94.53%
2015 -0.3% -36.9% 14.6% 21.78%

NAV & Total Return History


Holdings

AVGAX - Holdings

Concentration Analysis

AVGAX Category Low Category High AVGAX % Rank
Net Assets 686 M 100 K 158 B 41.14%
Number of Holdings 386 2 13590 32.20%
Net Assets in Top 10 719 M -35.2 M 27.1 B 23.97%
Weighting of Top 10 N/A 10.6% 100.0% 9.96%

Top 10 Holdings

  1. E-mini S&P 500 Future June 20 22.94%
  2. Euro Bund Future June 20 17.58%
  3. Long Gilt Future June 20 16.42%
  4. 10 Year Treasury Note Future June 20 14.59%
  5. Jpn 10y Bond(Ose) Jun20 13.89%
  6. United States Treasury Bills 0% 13.14%
  7. 10 Year Australian Treasury Bond Future June 20 12.35%
  8. 10 Year Government of Canada Bond Future June 20 7.72%
  9. TOPIX Future June 20 2.87%
  10. SPDR® Portfolio Interm Term Corp Bd ETF 2.63%

Asset Allocation

Weighting Return Low Return High AVGAX % Rank
Bonds
37.77% -5.02% 80.79% 61.73%
Stocks
31.38% -113.74% 77.51% 68.72%
Cash
29.00% -120.83% 149.68% 9.88%
Other
1.59% -10.55% 167.50% 21.19%
Convertible Bonds
0.26% -0.67% 85.36% 60.19%
Preferred Stocks
0.00% 0.00% 38.51% 95.16%

Stock Sector Breakdown

Weighting Return Low Return High AVGAX % Rank
Technology
21.02% 0.00% 100.00% 29.19%
Financial Services
14.74% 0.00% 60.94% 40.09%
Healthcare
14.72% 0.00% 54.35% 55.45%
Communication Services
10.31% 0.00% 26.69% 23.09%
Consumer Cyclical
10.12% 0.00% 76.72% 39.98%
Industrials
8.53% 0.00% 37.04% 58.39%
Consumer Defense
7.51% 0.00% 20.40% 53.70%
Energy
3.51% 0.00% 100.00% 42.05%
Utilities
3.43% 0.00% 100.00% 46.19%
Basic Materials
3.25% 0.00% 24.33% 39.98%
Real Estate
2.87% 0.00% 99.96% 64.60%

Stock Geographic Breakdown

Weighting Return Low Return High AVGAX % Rank
US
29.30% -112.30% 75.52% 62.04%
Non US
2.08% -2.13% 31.77% 66.46%

Bond Sector Breakdown

Weighting Return Low Return High AVGAX % Rank
Derivative
56.84% 0.00% 74.57% 1.23%
Government
27.39% 0.00% 95.57% 31.38%
Cash & Equivalents
12.41% -3.87% 100.00% 47.53%
Corporate
3.35% 0.00% 100.00% 89.40%
Securitized
0.00% 0.00% 83.64% 97.22%
Municipal
0.00% 0.00% 99.50% 93.52%

Bond Geographic Breakdown

Weighting Return Low Return High AVGAX % Rank
US
50.39% -6.37% 88.92% 24.69%
Non US
-12.62% -14.78% 29.41% 99.18%

Expenses

AVGAX - Expenses

Operational Fees

AVGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.55% 0.01% 7.41% 28.29%
Management Fee 1.10% 0.00% 2.50% 91.76%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

AVGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 1.00% 5.75% 33.71%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AVGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AVGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.17% 0.00% 574.00% 31.69%

Distributions

AVGAX - Distributions

Dividend Yield Analysis

AVGAX Category Low Category High AVGAX % Rank
Dividend Yield 0.00% 0.00% 10.35% 90.43%

Dividend Distribution Analysis

AVGAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

AVGAX Category Low Category High AVGAX % Rank
Net Income Ratio 0.96% -5.24% 6.65% 82.35%

Capital Gain Distribution Analysis

AVGAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

AVGAX - Fund Manager Analysis

Managers

Vassilis Dagioglu


Start Date

Tenure

Tenure Rank

May 05, 2010

10.08

10.1%

Vassilis is the head of the asset allocation portfolio management team. In his current role, he is responsible for managing global tactical asset allocation, strategic asset allocation and multi-asset portfolios including total return, absolute return, multi-asset income, global macro as well as active commodities strategies. Since he joined the company, he has managed several asset allocation portfolios such as mutual funds, hedge funds, and separately managed portfolios and helped develop custom portfolio solutions. Vassilis joined the firm in 1999, shortly after beginning his career in the investment industry. Prior to that, he designed and implemented financial information systems and consulted on enterprise information application development at IBM Global Services and Sybase. He earned an MBA in finance from the University of California at Berkeley.

Torrey Zaches


Start Date

Tenure

Tenure Rank

Jun 29, 2010

9.93

9.9%

Mr. Zaches, a Director, joined Mellon in 1998 and participates as a member of the asset allocation investment team.

James Stavena


Start Date

Tenure

Tenure Rank

Jun 29, 2010

9.93

9.9%

Mr. Stavena joined Mellon Capital in 1998, where he currently serves as a Managing Director of Asset Allocation. He manages a team of portfolio managers responsible for the implementation of Mellon Capital's asset allocation strategies including Global Alpha, domestic asset allocation, Active Currency, Active Commodity, and custom rules-based strategies. He is a member of the Trade Management Oversight Committee. Prior to joining Mellon Capital, was a currency options trader with CS First Boston and HSBC in New York and London Education: M.B.A., Rice University. He has over 25 years of investment experience.

Dimitri Curtil


Start Date

Tenure

Tenure Rank

May 12, 2020

0.05

0.1%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 39.44 6.86 0.41