DAIYX: BNY Mellon Inflation Adjusted Securities Fund - MutualFunds.com

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Dreyfus Inflation Adjusted Sec Y

DAIYX - Snapshot

Vitals

  • YTD Return 6.1%
  • 3 Yr Annualized Return 4.1%
  • 5 Yr Annualized Return 3.2%
  • Net Assets $65.4 M
  • Holdings in Top 10 82.7%

52 WEEK LOW AND HIGH

$13.50
$12.21
$13.54

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 67.49%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Inflation-Protected Bond

Compare DAIYX to Popular TIPS Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$25.44

+0.04%

$37.70 B

1.82%

$0.46

3.16%

0.14%

$50.81

+0.04%

$37.70 B

1.89%

$0.96

3.13%

0.05%

$14.33

-0.14%

$33.01 B

2.04%

$0.29

8.73%

0.20%

$125.93

-0.09%

$24.07 B

1.62%

$2.04

8.00%

0.19%

$10.70

-0.09%

$13.25 B

1.35%

$0.14

6.47%

DAIYX - Profile

Distributions

  • YTD Total Return 6.1%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.20%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon Inflation Adjusted Securities Fund
  • Fund Family Name
    Dreyfus
  • Inception Date
    Jul 01, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Bayston

Fund Description

To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in inflation-indexed securities. These are fixed-income securities designed to protect investors from a loss of value due to inflation by periodically adjusting their principal and/or coupon according to the rate of inflation. The inflation-indexed securities issued by the U.S. Treasury and some foreign government issuers. It primarily invests in high quality, U.S. dollar-denominated, inflation-indexed securities.


DAIYX - Performance

Return Ranking - Trailing

Period DAIYX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -3.6% 22.2% 60.65%
1 Yr 7.2% -2.3% 23.2% 67.28%
3 Yr 4.1%* -0.2% 13.2% 70.67%
5 Yr 3.2%* -0.1% 10.5% 70.15%
10 Yr 2.6%* 0.8% 6.7% 60.90%

* Annualized

Return Ranking - Calendar

Period DAIYX Return Category Return Low Category Return High Rank in Category (%)
2019 4.6% -47.0% 16.7% 71.63%
2018 -3.1% -11.1% -0.5% 22.77%
2017 -0.2% -2.8% 6.6% 72.97%
2016 2.5% 0.5% 7.7% 53.67%
2015 -1.4% -13.3% 0.6% 18.00%

Total Return Ranking - Trailing

Period DAIYX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -3.6% 22.2% 60.65%
1 Yr 7.2% -2.3% 23.2% 60.83%
3 Yr 4.1%* -0.2% 13.2% 64.42%
5 Yr 3.2%* -0.1% 10.5% 66.67%
10 Yr 2.6%* 0.8% 6.7% 55.77%

* Annualized

Total Return Ranking - Calendar

Period DAIYX Return Category Return Low Category Return High Rank in Category (%)
2019 4.6% 0.8% 16.7% 72.56%
2018 -3.1% -9.9% 0.6% 51.98%
2017 -0.2% -2.7% 9.6% 81.08%
2016 2.5% 0.5% 10.4% 66.67%
2015 -1.4% -12.6% 0.6% 24.00%

NAV & Total Return History


DAIYX - Holdings

Concentration Analysis

DAIYX Category Low Category High DAIYX % Rank
Net Assets 65.4 M 327 K 37.7 B 91.71%
Number of Holdings 17 5 1084 95.85%
Net Assets in Top 10 53.6 M -26.3 M 24.3 B 88.02%
Weighting of Top 10 82.72% 16.6% 99.4% 12.75%

Top 10 Holdings

  1. United States Treasury Notes 0.5% 13.63%
  2. United States Treasury Notes 0.38% 10.15%
  3. United States Treasury Bonds 2.38% 10.01%
  4. United States Treasury Notes 0.62% 9.76%
  5. United States Treasury Bonds 2.5% 9.47%
  6. United States Treasury Bonds 1.75% 8.82%
  7. United States Treasury Bonds 2% 7.85%
  8. United States Treasury Notes 0.5% 4.68%
  9. United States Treasury Notes 0.12% 4.36%
  10. United States Treasury Notes 0.12% 3.99%

Asset Allocation

Weighting Return Low Return High DAIYX % Rank
Bonds
99.37% 84.12% 145.15% 29.95%
Cash
0.63% -48.24% 39.21% 65.44%
Stocks
0.00% -18.45% 14.03% 94.01%
Preferred Stocks
0.00% 0.00% 0.19% 97.70%
Other
0.00% -12.41% 30.97% 92.63%
Convertible Bonds
0.00% 0.00% 4.86% 98.62%

Bond Sector Breakdown

Weighting Return Low Return High DAIYX % Rank
Government
99.37% 0.15% 100.00% 16.59%
Cash & Equivalents
0.63% 0.00% 38.02% 75.58%
Derivative
0.00% 0.00% 24.62% 97.70%
Securitized
0.00% 0.00% 58.11% 99.08%
Corporate
0.00% 0.00% 89.49% 99.08%
Municipal
0.00% 0.00% 2.83% 98.62%

Bond Geographic Breakdown

Weighting Return Low Return High DAIYX % Rank
US
99.37% 61.96% 150.42% 26.27%
Non US
0.00% -27.12% 30.93% 94.01%

DAIYX - Expenses

Operational Fees

DAIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.01% 22.01% 57.97%
Management Fee 0.30% 0.00% 0.99% 52.07%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

DAIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

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

DAIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 67.49% 0.00% 357.00% 68.20%

DAIYX - Distributions

Dividend Yield Analysis

DAIYX Category Low Category High DAIYX % Rank
Dividend Yield 0.00% 0.00% 3.32% 97.70%

Dividend Distribution Analysis

DAIYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

DAIYX Category Low Category High DAIYX % Rank
Net Income Ratio 0.20% -0.20% 3.82% 98.62%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

DAIYX - Fund Manager Analysis

Managers

Robert Bayston


Start Date

Tenure

Tenure Rank

Jan 31, 2005

15.67

15.7%

Mr. Bayston, CFA, is responsible for treasury inflation protected securities and derivative strategies with BNY Mellon Asset Management North America Corporation. He has been employed by BNY Mellon Asset Management North America Corporation or a predecessor company since 1991, and by Dreyfus since September 2001. Robert is the Managing Director and Senior Portfolio Manager of U.S. Rates and Securitized Strategies. He is responsible for the portfolio management of all US Treasury/government, agency mortgage backed, and securitized strategies including US TIPS mandates. In addition to his portfolio management responsibilities, Robert oversees the research and strategy efforts in US interest rate and securitized products including the use of derivative strategies for risk management and liability hedging. Robert joined the firm in 1991 and has held several positions in fixed income research and trading before assuming his current responsibilities in 2005. He has an M.S. in Finance from Boston College and a B.S. from the University of Virginia's McIntire School of Commerce. Robert is a member of the Boston Security Analysts Society and holds the CFA® designation.

Nate Pearson


Start Date

Tenure

Tenure Rank

Jul 20, 2012

8.2

8.2%

Mr. Pearson is an interest rate and derivatives strategist responsible for researching U.S. Government securities at Standish, which he joined in 2005. He also has been employed by Dreyfus since July 2012. He joined the company in 2005 from Darling Consulting Group, where he was responsible for interest rate risk analysis and balance sheet management for client banks. Pearson is a candidate in the CFA program.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 18.85 6.79 9.43