DRASX: BNY Mellon Sustainable Balanced Fund

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DRASX BNY Mellon Sustainable Balanced Fund


Profile

DRASX - Profile

Vitals

  • YTD Return 6.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $14.2 M
  • Holdings in Top 10 15.1%

52 WEEK LOW AND HIGH

$13.56
$10.72
$14.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.34%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 220.33%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jan 28, 2019
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return 6.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.95%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BNY Mellon Sustainable Balanced Fund
  • Fund Family Name
    BNY Mellon
  • Inception Date
    Nov 30, 2017
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul 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.


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Categories

Performance

DRASX - Performance

Return Ranking - Trailing

Period DRASX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -47.1% 20.0% 4.87%
1 Yr 10.3% -49.0% 24.4% 2.22%
3 Yr N/A* -21.5% 10.3% N/A
5 Yr N/A* -13.0% 6.9% N/A
10 Yr N/A* -4.3% 9.7% N/A

* Annualized

Return Ranking - Calendar

Period DRASX Return Category Return Low Category Return High Rank in Category (%)
2019 17.0% -7.3% 25.7% 10.49%
2018 -13.7% -32.7% 10.9% 68.40%
2017 N/A -9.1% 19.3% N/A
2016 N/A -9.0% 13.7% N/A
2015 N/A -19.4% 6.0% N/A

Total Return Ranking - Trailing

Period DRASX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.1% -47.1% 20.0% 4.87%
1 Yr 10.3% -49.0% 24.4% 2.22%
3 Yr N/A* -19.0% 11.5% N/A
5 Yr N/A* -8.4% 10.6% N/A
10 Yr N/A* -4.3% 9.7% N/A

* Annualized

Total Return Ranking - Calendar

Period DRASX Return Category Return Low Category Return High Rank in Category (%)
2019 17.0% -7.3% 25.7% 10.49%
2018 -13.7% -32.7% 10.9% 85.62%
2017 N/A -3.7% 22.1% N/A
2016 N/A -7.7% 20.7% N/A
2015 N/A -14.9% 8.0% N/A

NAV & Total Return History


Holdings

DRASX - Holdings

Concentration Analysis

DRASX Category Low Category High DRASX % Rank
Net Assets 14.2 M 5.59 M 24.2 B 97.63%
Number of Holdings 392 5 5256 27.61%
Net Assets in Top 10 2.11 M -107 M 22.4 B 97.21%
Weighting of Top 10 15.14% 5.7% 100.0% 94.26%

Top 10 Holdings

  1. Dreyfus Instl Preferred Gov Plus MMkt 3.37%
  2. Apple Inc 2.80%
  3. Microsoft Corp 2.21%
  4. Tencent Holdings Ltd 1.16%
  5. Taiwan Semiconductor Manufacturing Co Ltd 1.05%
  6. Alphabet Inc Class C 1.03%
  7. Amazon.com Inc 1.00%
  8. Mastercard Inc A 0.89%
  9. Linde PLC 0.82%
  10. United States Treasury Notes 1.25% 0.80%

Asset Allocation

Weighting Return Low Return High DRASX % Rank
Stocks
58.79% 0.01% 80.06% 41.70%
Bonds
37.26% -34.50% 135.61% 41.41%
Cash
3.56% -58.72% 107.28% 67.40%
Convertible Bonds
0.39% -0.84% 13.22% 58.44%
Preferred Stocks
0.00% 0.00% 39.43% 76.95%
Other
0.00% -8.37% 95.53% 84.29%

Stock Sector Breakdown

Weighting Return Low Return High DRASX % Rank
Technology
20.53% 0.00% 31.19% 27.73%
Financial Services
17.55% 0.00% 33.64% 6.93%
Healthcare
12.66% 0.00% 100.00% 71.39%
Consumer Cyclical
10.16% 0.00% 25.81% 60.18%
Communication Services
9.79% 0.00% 43.64% 20.21%
Consumer Defense
8.45% 0.00% 27.83% 21.53%
Industrials
8.01% 0.00% 31.64% 87.61%
Basic Materials
6.43% 0.00% 14.34% 6.93%
Utilities
3.51% 0.00% 38.45% 37.02%
Real Estate
2.92% 0.00% 89.31% 73.30%
Energy
0.00% 0.00% 100.00% 97.94%

Stock Geographic Breakdown

Weighting Return Low Return High DRASX % Rank
US
31.57% -1.22% 61.27% 52.72%
Non US
27.22% -0.65% 45.94% 9.84%

Bond Sector Breakdown

Weighting Return Low Return High DRASX % Rank
Government
39.81% 0.00% 76.76% 16.74%
Securitized
25.79% 0.00% 57.00% 19.38%
Corporate
25.75% 0.00% 98.97% 71.95%
Cash & Equivalents
8.64% -31.57% 100.00% 71.22%
Derivative
0.01% -0.40% 46.39% 58.59%
Municipal
0.00% 0.00% 47.46% 72.10%

Bond Geographic Breakdown

Weighting Return Low Return High DRASX % Rank
US
34.07% -68.01% 77.37% 36.12%
Non US
3.19% -9.92% 58.24% 75.04%

Expenses

DRASX - Expenses

Operational Fees

DRASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.34% 0.02% 22.24% 8.33%
Management Fee 0.11% 0.00% 1.95% 29.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.70% N/A

Sales Fees

DRASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.25% 5.75% 0.83%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DRASX 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.

DRASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 220.33% 1.00% 447.00% 95.83%

Distributions

DRASX - Distributions

Dividend Yield Analysis

DRASX Category Low Category High DRASX % Rank
Dividend Yield 1.37% 0.00% 6.69% 1.61%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

DRASX Category Low Category High DRASX % Rank
Net Income Ratio 1.95% -0.95% 6.29% 43.28%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

DRASX - Fund Manager Analysis

Managers

Paul Benson


Start Date

Tenure

Tenure Rank

Apr 01, 2019

1.42

1.4%

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

1.42

1.4%

Mr. Stewart is Head of Responsible Research at Newton. He joined Newton in 2003.

Yuko Takano


Start Date

Tenure

Tenure Rank

Apr 01, 2019

1.42

1.4%

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

1.42

1.4%

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.

Karen Wong


Start Date

Tenure

Tenure Rank

Apr 01, 2019

1.42

1.4%

Karen Wong, CFA Managing Director, Head of Index - Portfolio Management Karen is the head of index portfolio management. She is responsible for overseeing equity and fixed income indexing and beta strategies, including exchange-traded funds (ETFs). Karen developed and launched the Carbon Efficiency strategy in 2014, the firm’s first green beta product. Prior to the merger, Karen was the head of equity portfolio management at Mellon Capital, responsible for equity index portfolio management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 24.35 5.4 2.53