DLTBX: BNY Mellon High Yield - A

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DLTBX BNY Mellon High Yield - A


Profile

DLTBX - Profile

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return -0.4%
  • 5 Yr Annualized Return -0.7%
  • Net Assets $1.1 B
  • Holdings in Top 10 8.6%

52 WEEK LOW AND HIGH

$6.20
$5.90
$6.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.96%

SALES FEES

  • Front Load 4.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 72.69%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return -0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.34%
DIVIDENDS
  • Dividend Yield 3.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon High Yield Fund
  • Fund Family Name
    BNY Mellon
  • Inception Date
    Jun 02, 1997
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities that, at the time of purchase, are rated below investment grade or are the unrated equivalent as determined by the adviser. It may, but is not required to, use certain derivatives, such as options, futures and options on futures (including those relating to securities, foreign currencies, indexes and interest rates), forward contracts, and swap agreements (including interest rate and credit default swap agreements).


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Categories

Performance

DLTBX - Performance

Return Ranking - Trailing

Period DLTBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -19.6% 5.8% 1.59%
1 Yr 5.4% -18.6% 7.9% 0.46%
3 Yr -0.4%* -9.7% 1.3% 1.31%
5 Yr -0.7%* -6.5% 1.2% 2.14%
10 Yr N/A* -4.1% 1.4% 28.81%

* Annualized

Return Ranking - Calendar

Period DLTBX Return Category Return Low Category Return High Rank in Category (%)
2019 8.4% 0.7% 12.6% 39.44%
2018 -9.5% -14.2% -1.8% 86.99%
2017 1.4% -5.7% 4.9% 28.53%
2016 6.7% 1.1% 13.4% 67.91%
2015 -9.8% -20.6% 1.0% 64.83%

Total Return Ranking - Trailing

Period DLTBX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -19.6% 5.8% 1.59%
1 Yr 6.4% -18.6% 7.9% 0.23%
3 Yr -0.1%* -9.7% 3.6% 7.07%
5 Yr -0.5%* -6.5% 3.6% 22.94%
10 Yr N/A* -4.1% 6.5% 43.22%

* Annualized

Total Return Ranking - Calendar

Period DLTBX Return Category Return Low Category Return High Rank in Category (%)
2019 9.4% 0.7% 12.6% 14.62%
2018 -9.5% -14.2% 0.4% 90.12%
2017 1.4% -5.1% 9.3% 48.64%
2016 6.7% 1.1% 20.7% 73.93%
2015 -9.8% -20.6% 1.0% 70.95%

NAV & Total Return History


Holdings

DLTBX - Holdings

Concentration Analysis

DLTBX Category Low Category High DLTBX % Rank
Net Assets 1.1 B 922 K 24.6 B 35.96%
Number of Holdings 367 3 1596 36.85%
Net Assets in Top 10 92.7 M -362 M 2.13 B 42.47%
Weighting of Top 10 8.60% 3.8% 99.8% 69.02%

Top 10 Holdings

  1. iShares iBoxx $ High Yield Corp Bd ETF 1.96%
  2. Asurion Llc 0.85%
  3. Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 5.25% 0.78%
  4. Post Holdings Inc. 5% 0.77%
  5. Greeneden US Holdings II, LLC/ Greeneden Lux 3 S.a r.l./ Genesys Telecommun 0.76%
  6. Connect Finco SARL/Connect US Finco LLC 6.75% 0.74%
  7. Everi Payments Inc. 7.5% 0.71%
  8. West Street Merger Sub Inc 6.38% 0.71%
  9. Diamond Sports Group LLC / Diamond Sports Finance Co 5.38% 0.68%
  10. Dun & Bradstreet Corp 0.64%

Asset Allocation

Weighting Return Low Return High DLTBX % Rank
Bonds
97.07% 80.46% 137.71% 18.43%
Cash
2.93% -39.71% 19.40% 59.78%
Stocks
0.00% 0.00% 8.93% 76.18%
Preferred Stocks
0.00% 0.00% 5.25% 63.15%
Other
0.00% -4.83% 41.18% 47.64%
Convertible Bonds
0.00% 0.00% 6.05% 75.28%

Bond Sector Breakdown

Weighting Return Low Return High DLTBX % Rank
Corporate
94.99% 58.18% 100.00% 49.66%
Cash & Equivalents
2.92% 0.00% 32.30% 62.70%
Securitized
1.78% 0.00% 11.23% 6.29%
Government
0.03% 0.00% 22.10% 26.97%
Derivative
0.00% 0.00% 7.46% 49.66%
Municipal
0.00% 0.00% 0.60% 35.28%

Bond Geographic Breakdown

Weighting Return Low Return High DLTBX % Rank
US
84.38% 65.89% 119.72% 20.90%
Non US
12.69% 0.00% 29.53% 58.43%

Expenses

DLTBX - Expenses

Operational Fees

DLTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.13% 20.17% 57.53%
Management Fee 0.70% 0.00% 1.10% 88.69%
12b-1 Fee 0.25% 0.00% 1.00% 31.06%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

DLTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 2.00% 5.75% 25.61%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

DLTBX 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.

DLTBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.69% 16.00% 216.00% 76.32%

Distributions

DLTBX - Distributions

Dividend Yield Analysis

DLTBX Category Low Category High DLTBX % Rank
Dividend Yield 3.57% 0.00% 2.43% 0.22%

Dividend Distribution Analysis

DLTBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

DLTBX Category Low Category High DLTBX % Rank
Net Income Ratio 5.34% 2.13% 9.34% 46.01%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

DLTBX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.79 6.65 1.42