DABLX: BNY Mellon Yield Enhancement Strategy Fund - MutualFunds.com

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Dreyfus Yield Enhancement Strategy C

DABLX - Snapshot

Vitals

  • YTD Return -1.5%
  • 3 Yr Annualized Return 2.4%
  • 5 Yr Annualized Return 3.1%
  • Net Assets $336 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$12.09
$10.50
$12.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.12%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 21.45%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare DABLX to Popular Bond Sector Diversified Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.76

+0.09%

$125.18 B

5.67%

$0.67

-2.33%

1.09%

$10.10

+0.10%

$32.57 B

3.34%

$0.34

1.30%

0.74%

$8.09

+0.25%

$18.31 B

4.04%

$0.33

-0.49%

0.79%

$9.75

0.00%

$17.55 B

6.73%

$0.66

-9.05%

0.92%

$12.40

+0.08%

$15.03 B

2.63%

$0.33

0.98%

0.97%

DABLX - Profile

Distributions

  • YTD Total Return -1.5%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 3.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.32%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon Yield Enhancement Strategy Fund
  • Fund Family Name
    Dreyfus
  • Inception Date
    Mar 07, 2014
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Mortimer

Fund Description

The fund normally allocates its assets across fixed-income investment strategies. It is designed to complement and diversify traditional bond portfolios. The fund normally allocates its assets among other investment companies (the underlying funds) that employ various fixed-income investment strategies, including those focusing on domestic and foreign corporate bonds, high yield securities ("junk" bonds), senior loans, emerging markets debt, municipal securities and Treasury and other inflation-protected securities (TIPS).


DABLX - Performance

Return Ranking - Trailing

Period DABLX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -38.9% 302.3% 60.03%
1 Yr 1.0% -30.9% 18.8% 66.53%
3 Yr 2.4%* -11.8% 8.1% 63.07%
5 Yr 3.1%* -15.5% 10.9% 73.11%
10 Yr N/A* -1.4% 11.8% N/A

* Annualized

Return Ranking - Calendar

Period DABLX Return Category Return Low Category Return High Rank in Category (%)
2019 4.8% -35.1% 15.3% 48.68%
2018 -4.6% -48.0% 3.1% 38.54%
2017 1.7% -14.8% 11.2% 50.46%
2016 1.8% -11.2% 10.7% 67.18%
2015 -4.8% -51.1% 4.8% 45.37%

Total Return Ranking - Trailing

Period DABLX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -38.9% 302.3% 60.03%
1 Yr 0.0% -33.3% 18.8% 65.35%
3 Yr 2.4%* -13.6% 8.1% 55.94%
5 Yr 3.1%* -16.5% 10.9% 68.37%
10 Yr N/A* -1.4% 11.8% N/A

* Annualized

Total Return Ranking - Calendar

Period DABLX Return Category Return Low Category Return High Rank in Category (%)
2019 5.2% -35.1% 15.3% 44.17%
2018 -1.3% -48.0% 8.0% 19.02%
2017 4.4% -14.8% 15.2% 31.51%
2016 5.0% -11.2% 17.7% 39.96%
2015 -1.7% -51.1% 5.4% 28.41%

NAV & Total Return History


DABLX - Holdings

Concentration Analysis

DABLX Category Low Category High DABLX % Rank
Net Assets 336 M 2.71 M 125 B 63.56%
Number of Holdings 6 3 7722 98.03%
Net Assets in Top 10 335 M -3.22 B 29.7 B 32.30%
Weighting of Top 10 100.00% 4.9% 100.0% 0.61%

Top 10 Holdings

  1. BNY Mellon Municipal Opportunities M 38.72%
  2. BNY Mellon Floating Rate Income Y 23.71%
  3. BNY Mellon High Yield - I 13.53%
  4. BNY Mellon Corporate Bond M 11.28%
  5. BNY Mellon Global Dynamic Bond Inc - Y 9.42%
  6. TCW Emerging Markets Income I 3.34%

Asset Allocation

Weighting Return Low Return High DABLX % Rank
Bonds
95.81% -256.79% 258.37% 23.68%
Cash
2.95% -164.01% 356.79% 66.57%
Convertible Bonds
1.06% 0.00% 160.39% 50.98%
Preferred Stocks
0.17% 0.00% 28.52% 32.30%
Stocks
0.00% -65.68% 160.07% 68.66%
Other
0.00% -14.86% 100.67% 50.00%

Bond Sector Breakdown

Weighting Return Low Return High DABLX % Rank
Corporate
47.39% 0.00% 99.47% 42.84%
Municipal
35.94% 0.00% 41.64% 0.56%
Government
6.72% 0.00% 99.16% 62.64%
Derivative
6.18% 0.00% 68.51% 23.31%
Cash & Equivalents
2.83% 0.00% 100.00% 80.76%
Securitized
0.94% 0.00% 98.82% 85.81%

Bond Geographic Breakdown

Weighting Return Low Return High DABLX % Rank
US
76.65% -256.79% 241.12% 33.29%
Non US
19.16% -23.27% 123.13% 52.25%

DABLX - Expenses

Operational Fees

DABLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.12% 0.01% 24.26% 54.59%
Management Fee 0.00% 0.00% 2.25% 0.67%
12b-1 Fee 0.75% 0.00% 1.00% 73.15%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

DABLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 6.50% N/A
Deferred Load 1.00% 1.00% 5.50% 31.63%

Trading Fees

DABLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

DABLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.45% 0.00% 493.00% 8.09%

DABLX - Distributions

Dividend Yield Analysis

DABLX Category Low Category High DABLX % Rank
Dividend Yield 0.00% 0.00% 6.28% 33.16%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

DABLX Category Low Category High DABLX % Rank
Net Income Ratio 3.32% -1.55% 18.14% 58.61%

Capital Gain Distribution Analysis

DABLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Daily Annually

Dividend Payout History

View More +

DABLX - Fund Manager Analysis

Managers

Jeffrey Mortimer


Start Date

Tenure

Tenure Rank

Mar 07, 2014

6.57

6.6%

Jeffrey M. Mortimer, CFA, has been the primary portfolio manager in March 2014. Jeffrey is Director of Investment Strategy for BNY Mellon Wealth Management and has been employed by The Bank of New York Mellon since June 2012. He has been employed by Dreyfus since March 2013. Prior to joining The Bank of New York Mellon, he was a partner at Bainco International Investors from September 2010 to May 2012. He also held various positions in financial management with Charles Schwab Investment Management from October 1997 to July 2010. Jeffrey holds an MBA from the University of Chicago Graduate School of Business, and a BS degree from Babson College. He became a CFA charterholder in 1997.

Caroline Lee-Tsao


Start Date

Tenure

Tenure Rank

Nov 02, 2015

4.92

4.9%

Ms. Lee-Tsao is the Senior Investment Strategist for BNY Mellon Wealth Management and has been employed by The Bank of New York Mellon since August 2013. Ms. Lee-Tsao has been employed by Dreyfus since March 2013. Prior to joining The Bank of New York Mellon, Ms. Lee-Tsao managed multi-manager funds at Progress Investment Management Company from July 2011 to July 2013 and at Charles Schwab Investment Management from October 2005 until May 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 29.4 5.45 1.53