BNY Mellon Sustainable Balanced Fund
- DRASX
- Price as of: Jan 22, 2021
-
$14.84
N/A N/A
- Primary Theme
- International Allocation
- Fund Company
- BNY Mellon
- Share Class
DRASX - Snapshot
Vitals
- YTD Return 1.4%
- 3 Yr Annualized Return 7.2%
- 5 Yr Annualized Return N/A
- Net Assets $14.9 M
- Holdings in Top 10 16.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.67%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 87.52%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
International Allocation
- Fund Type Open End Mutual Fund
- Investment Style World Allocation
DRASX - Profile
Distributions
- YTD Total Return 1.4%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.45%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBNY Mellon Sustainable Balanced Fund
-
Fund Family NameBNY Mellon
-
Inception DateNov 30, 2017
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Benson
Fund Description
To pursue its goal, the fund uses a global multi-asset strategy that focuses on long-term capital appreciation. It normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in the equity securities of issuers that demonstrate attractive investment attributes and sustainable business practices and have no material unresolvable environmental, social and governance (ESG) issues and in debt securities included in the Bloomberg Barclays MSCI U.S. Aggregate ESG Select Sector Neutral Index.
DRASX - Performance
Return Ranking - Trailing
Period | DRASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -1.4% | 7.1% | 66.40% |
1 Yr | 16.0% | -23.8% | 32.2% | 5.07% |
3 Yr | 7.2%* | -28.4% | 12.3% | 17.98% |
5 Yr | N/A* | 2.1% | 12.9% | N/A |
10 Yr | N/A* | -2.4% | 11.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | DRASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 14.2% | -21.0% | 24.5% | 2.73% |
2019 | 17.0% | -46.3% | 27.8% | 10.87% |
2018 | -13.7% | -41.9% | 1.1% | 76.90% |
2017 | N/A | -100.0% | 20.6% | N/A |
2016 | N/A | -17.0% | 210.7% | N/A |
Total Return Ranking - Trailing
Period | DRASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -1.4% | 7.4% | 66.40% |
1 Yr | 16.0% | -23.8% | 32.2% | 4.67% |
3 Yr | 7.2%* | -28.4% | 12.3% | 16.23% |
5 Yr | N/A* | 1.8% | 12.9% | N/A |
10 Yr | N/A* | -2.4% | 11.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DRASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 14.2% | -21.0% | 24.5% | 2.73% |
2019 | 17.0% | -46.3% | 27.8% | 10.87% |
2018 | -13.7% | -41.9% | 1.1% | 85.00% |
2017 | N/A | -100.0% | 23.1% | N/A |
2016 | N/A | -9.5% | 233.7% | N/A |
NAV & Total Return History
DRASX - Holdings
Concentration Analysis
DRASX | Category Low | Category High | DRASX % Rank | |
---|---|---|---|---|
Net Assets | 14.9 M | 25 | 104 B | 93.07% |
Number of Holdings | 407 | 1 | 2972 | 39.01% |
Net Assets in Top 10 | 2.45 M | -2.13 B | 18.8 B | 95.25% |
Weighting of Top 10 | 16.09% | 8.9% | 100.0% | 89.19% |
Top 10 Holdings
- Dreyfus Instl Preferred Gov Plus MMkt 2.99%
- Apple Inc 2.96%
- Microsoft Corp 2.43%
- Amazon.com Inc 1.47%
- Alphabet Inc Class C 1.33%
- Tencent Holdings Ltd 1.16%
- Tencent Holdings Ltd 1.16%
- Tencent Holdings Ltd 1.16%
- Tencent Holdings Ltd 1.16%
- Tencent Holdings Ltd 1.16%
Asset Allocation
Weighting | Return Low | Return High | DRASX % Rank | |
---|---|---|---|---|
Stocks | 63.29% | -0.83% | 105.57% | 47.52% |
Bonds | 33.12% | -23.71% | 99.01% | 32.08% |
Cash | 3.29% | -34.04% | 100.00% | 58.61% |
Convertible Bonds | 0.29% | 0.00% | 26.93% | 49.11% |
Preferred Stocks | 0.00% | 0.00% | 37.24% | 76.63% |
Other | 0.00% | -1.15% | 120.34% | 82.38% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DRASX % Rank | |
---|---|---|---|---|
Technology | 21.52% | 0.00% | 51.45% | 13.91% |
Financial Services | 16.91% | 0.00% | 26.37% | 20.97% |
Healthcare | 12.23% | 0.00% | 36.31% | 38.71% |
Consumer Cyclical | 11.71% | 0.00% | 31.93% | 37.90% |
Consumer Defense | 10.10% | 0.00% | 29.97% | 19.15% |
Communication Services | 8.61% | 0.00% | 34.62% | 35.69% |
Industrials | 7.55% | 0.11% | 32.59% | 78.63% |
Basic Materials | 5.56% | 0.00% | 28.01% | 36.29% |
Utilities | 3.20% | 0.00% | 73.92% | 55.44% |
Real Estate | 2.61% | 0.00% | 91.11% | 71.17% |
Energy | 0.00% | 0.00% | 39.11% | 97.78% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DRASX % Rank | |
---|---|---|---|---|
US | 35.25% | -45.71% | 103.16% | 32.28% |
Non US | 28.04% | -0.02% | 73.21% | 57.43% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DRASX % Rank | |
---|---|---|---|---|
Government | 39.17% | 0.00% | 97.95% | 26.53% |
Securitized | 26.12% | 0.00% | 64.92% | 3.56% |
Corporate | 25.74% | 0.00% | 96.96% | 54.85% |
Cash & Equivalents | 8.97% | 1.47% | 100.00% | 71.09% |
Derivative | 0.00% | 0.00% | 46.97% | 63.76% |
Municipal | 0.00% | 0.00% | 4.46% | 58.81% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DRASX % Rank | |
---|---|---|---|---|
US | 30.47% | -10.74% | 99.01% | 13.66% |
Non US | 2.65% | -28.46% | 54.57% | 72.67% |
DRASX - Expenses
Operational Fees
DRASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.67% | 0.01% | 23.75% | 22.29% |
Management Fee | 0.11% | 0.00% | 1.90% | 10.96% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
DRASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | 8.54% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
DRASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
DRASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 87.52% | 0.00% | 464.61% | 63.04% |
DRASX - Distributions
Dividend Yield Analysis
DRASX | Category Low | Category High | DRASX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.58% | 0.00% | 6.11% | 1.37% |
Dividend Distribution Analysis
DRASX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
DRASX | Category Low | Category High | DRASX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.45% | -2.28% | 7.22% | 61.22% |
Capital Gain Distribution Analysis
DRASX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 30, 2020 | $0.234 |
Dec 30, 2019 | $0.186 |
Dec 28, 2018 | $0.205 |
Dec 03, 2018 | $0.012 |
Nov 01, 2018 | $0.011 |
Oct 01, 2018 | $0.010 |
Sep 04, 2018 | $0.023 |
Aug 01, 2018 | $0.013 |
Jul 02, 2018 | $0.043 |
Jun 01, 2018 | $0.058 |
May 01, 2018 | $0.028 |
Apr 02, 2018 | $0.021 |
Dec 27, 2017 | $0.036 |
DRASX - Fund Manager Analysis
Managers
Paul Benson
Start Date
Tenure
Tenure Rank
Apr 01, 2019
1.75
1.8%
Paul Benson is the Managing Director, Head of Fixed Income Portfolio Management at Mellon. Mr. Benson joined Mellon in 2005 and was previously a Senior Portfolio Manager, responsible for the Yield Curve Arbitrage strategy within Global Asset Allocation portfolios. Prior experience includes analyzing and managing U.S. and Global Fixed Income active portfolios as well as market-making and proprietary trading with a focus on interest rate swaps and JPN Government Bonds. Mr. Benson attained the Chartered Financial Analyst (“CFA”) and Chartered Alternative Investment Analyst (“CAIA”) designations. Mr. Benson graduated with a B.A. from the University of Michigan. He has over 21 years of investment experience.
Rob Stewart
Start Date
Tenure
Tenure Rank
Apr 01, 2019
1.75
1.8%
Mr. Stewart is Head of Responsible Research at Newton. He joined Newton in 2003.
Yuko Takano
Start Date
Tenure
Tenure Rank
Apr 01, 2019
1.75
1.8%
Yuko is a member of the equity opportunities team, where she is a portfolio manager for the Sustainable Global Equity and Sustainable US Equity strategies. She is also involved as a portfolio manager in Newton’s Thematic strategies. Prior to Newton, she worked for Aetos Capital, a fund of hedge funds, and Joho Capital, where she covered Japanese consumer, retail, and internet stocks. She started her career at Morgan Stanley in mergers and acquisitions. Yuko has an MBA from Stanford Graduate School of Business. She is also a member of the Sustainability and Responsible Investment Committee at the Investment Association. Outside of work, Yuko enjoys spending time with her two sons and cooking.
Nancy Rogers
Start Date
Tenure
Tenure Rank
Apr 01, 2019
1.75
1.8%
Nancy G. Rogers is a Director, Senior Portfolio Manager, Fixed Income team at BNY Mellon Asset Management North America Corporation. Ms. Rogers joined BNY Mellon AMNA or a predecessor company in January 2013. Ms. Rogers joined Mellon in 1987 and is responsible for the management of domestic and international portfolios.She has been employed by Dreyfus since October 2007. Prior experience includes management of aggregate, government, credit and custom indices as well as trading, performance measurement and portfolio accounting. Ms. Rogers attained the Chartered Financial Analyst ("CFA") designation. Ms. Rogers graduated with an M.B.A. from Drexel University, Investments.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 29.02 | 6.36 | 8.0 |