Dreyfus Global Real Return I
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-6.8%
1 yr return
-3.0%
3 Yr Avg Return
5.4%
5 Yr Avg Return
4.7%
Net Assets
$3.78 B
Holdings in Top 10
55.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.95%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 71.67%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$750
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Tactical Allocation
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
DRRIX - Profile
Distributions
- YTD Total Return -6.8%
- 3 Yr Annualized Total Return 5.4%
- 5 Yr Annualized Total Return 4.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.86%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBNY Mellon Global Real Return Fund
-
Fund Family NameDreyfus
-
Inception DateMay 12, 2010
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSuzanne Hutchins
Fund Description
The fund uses an actively-managed multi-asset strategy to produce absolute or real returns with less volatility than major equity markets over a complete market cycle, typically a period of five years. Rather than managing to track a benchmark index, it seeks to provide returns that are largely independent of market moves. The fund allocates its investments among global equities, bonds and cash, and, generally to a lesser extent, other asset classes, including real estate, commodities, currencies and alternative or non-traditional asset classes and strategies, primarily those accessed through derivative instruments.
DRRIX - Performance
Return Ranking - Trailing
Period | DRRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.8% | -31.7% | 32.5% | 28.98% |
1 Yr | -3.0% | -31.2% | 35.7% | 42.35% |
3 Yr | 5.4%* | -2.6% | 17.9% | 49.80% |
5 Yr | 4.7%* | -1.2% | 16.9% | 59.05% |
10 Yr | 4.3%* | -2.3% | 11.5% | 72.33% |
* Annualized
Return Ranking - Calendar
Period | DRRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | 5.3% | -19.0% | 48.3% | 39.19% |
2020 | 8.2% | -16.5% | 52.8% | 29.13% |
2019 | 9.2% | -10.4% | 27.3% | 55.87% |
2018 | -2.4% | -29.6% | 2.4% | 2.62% |
2017 | 3.4% | -11.6% | 29.4% | 85.05% |
Total Return Ranking - Trailing
Period | DRRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.8% | -31.7% | 32.5% | 27.21% |
1 Yr | -3.0% | -31.2% | 35.7% | 36.65% |
3 Yr | 5.4%* | -3.0% | 17.9% | 45.49% |
5 Yr | 4.7%* | -1.7% | 16.9% | 56.47% |
10 Yr | 4.3%* | -2.3% | 11.5% | 70.44% |
* Annualized
Total Return Ranking - Calendar
Period | DRRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | 5.3% | -19.0% | 48.3% | 38.83% |
2020 | 8.2% | -16.5% | 52.8% | 29.13% |
2019 | 9.2% | -10.4% | 27.3% | 55.87% |
2018 | -2.4% | -29.6% | 2.4% | 3.49% |
2017 | 4.3% | -5.4% | 29.4% | 91.12% |
NAV & Total Return History
DRRIX - Holdings
Concentration Analysis
DRRIX | Category Low | Category High | DRRIX % Rank | |
---|---|---|---|---|
Net Assets | 3.78 B | 1.9 M | 15.7 B | 7.04% |
Number of Holdings | 198 | 1 | 3255 | 20.42% |
Net Assets in Top 10 | 871 M | 0 | 12.6 B | 16.55% |
Weighting of Top 10 | 55.57% | 17.4% | 100.0% | 72.33% |
Top 10 Holdings
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
- 10 Year Treasury Note Future Dec 20 23.63%
Asset Allocation
Weighting | Return Low | Return High | DRRIX % Rank | |
---|---|---|---|---|
Stocks | 43.52% | 0.00% | 238.38% | 54.58% |
Bonds | 31.79% | 0.00% | 194.08% | 42.25% |
Other | 11.58% | -72.87% | 73.38% | 17.96% |
Cash | 11.45% | -163.86% | 130.57% | 40.85% |
Convertible Bonds | 1.66% | 0.00% | 8.54% | 11.27% |
Preferred Stocks | 0.00% | 0.00% | 7.34% | 73.94% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DRRIX % Rank | |
---|---|---|---|---|
Healthcare | 13.64% | 0.00% | 38.63% | 31.02% |
Technology | 12.60% | 0.00% | 82.33% | 81.63% |
Consumer Cyclical | 12.12% | 0.00% | 26.21% | 20.82% |
Industrials | 10.47% | 0.00% | 31.36% | 37.55% |
Energy | 10.29% | 0.00% | 60.37% | 11.43% |
Financial Services | 10.00% | 0.00% | 97.77% | 63.67% |
Basic Materials | 8.59% | 0.00% | 63.50% | 6.94% |
Utilities | 7.91% | 0.00% | 91.12% | 13.06% |
Communication Services | 6.25% | 0.00% | 21.89% | 58.37% |
Consumer Defense | 4.92% | 0.00% | 30.01% | 69.80% |
Real Estate | 3.23% | 0.00% | 99.54% | 56.33% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DRRIX % Rank | |
---|---|---|---|---|
Non US | 24.94% | -12.01% | 98.11% | 15.49% |
US | 18.58% | 0.00% | 235.84% | 69.37% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DRRIX % Rank | |
---|---|---|---|---|
Derivative | 62.10% | 0.00% | 72.21% | 4.58% |
Government | 18.11% | 0.00% | 99.78% | 63.03% |
Corporate | 10.73% | 0.00% | 98.56% | 36.27% |
Cash & Equivalents | 9.06% | 0.22% | 100.00% | 84.51% |
Securitized | 0.00% | 0.00% | 56.15% | 80.99% |
Municipal | 0.00% | 0.00% | 16.21% | 76.41% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DRRIX % Rank | |
---|---|---|---|---|
US | 18.88% | -17.22% | 123.28% | 49.65% |
Non US | 12.91% | -2.67% | 70.80% | 23.59% |
DRRIX - Expenses
Operational Fees
DRRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.95% | 0.44% | 3.72% | 78.09% |
Management Fee | 0.75% | 0.00% | 1.50% | 40.14% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.05% | 0.70% | N/A |
Sales Fees
DRRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DRRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
DRRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 71.67% | 0.00% | 443.30% | 43.52% |
DRRIX - Distributions
Dividend Yield Analysis
DRRIX | Category Low | Category High | DRRIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.76% | 0.00% | 15.22% | 22.89% |
Dividend Distribution Analysis
DRRIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
DRRIX | Category Low | Category High | DRRIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.86% | -2.12% | 9.24% | 39.43% |
Capital Gain Distribution Analysis
DRRIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount | Type |
---|---|---|
Dec 30, 2021 | $0.287 | OrdinaryDividend |
Dec 30, 2020 | $0.231 | OrdinaryDividend |
Dec 30, 2019 | $0.356 | OrdinaryDividend |
Dec 28, 2018 | $0.508 | OrdinaryDividend |
Dec 28, 2017 | $0.126 | OrdinaryDividend |
Dec 29, 2016 | $0.415 | OrdinaryDividend |
Dec 30, 2015 | $0.622 | OrdinaryDividend |
Dec 30, 2014 | $0.723 | OrdinaryDividend |
Dec 30, 2013 | $0.065 | OrdinaryDividend |
Dec 28, 2012 | $0.090 | OrdinaryDividend |
Dec 29, 2011 | $0.125 | OrdinaryDividend |
DRRIX - Fund Manager Analysis
Managers
Suzanne Hutchins
Start Date
Tenure
Tenure Rank
Dec 31, 2010
11.34
11.3%
Suzanne is a portfolio manager on the Real Return strategy and head of the Real Return team. She chairs the formal weekly team meeting and, together with Aron Pataki and Andy Warwick, Suzanne is responsible for the final capital allocation decisions on the strategy. Suzanne started her career at Newton in 1991 as a global research analyst before working directly with Stewart Newton on multi-asset and RPI-based strategies and leading on Newton’s UK and Intrepid teams. In 2005, Suzanne joined Capital International, before returning to Newton to focus on the Real Return strategy. She is an associate member of the CFA and UK Society of Investment Professionals (UKSIP) and graduated from University College London with a First Class BA (Hons) degree.
Aron Pataki
Start Date
Tenure
Tenure Rank
Dec 14, 2015
6.38
6.4%
Aron is a global portfolio manager and risk strategist for the real return portfolios, with a particular focus on the use of derivatives and hedging. Together with Suzanne Hutchins and Andy Warwick, Aron is responsible for the final capital allocation decisions on the strategy. Aron joined Newton in 2006 as a member of the portfolio analytics team, where he was responsible for risk analysis and portfolio construction across Newton’s institutional and retail portfolios. Previously, he worked as a quantitative analyst at Lacima Group.
Andrew Warwick
Start Date
Tenure
Tenure Rank
Jan 02, 2019
3.33
3.3%
Andy is a global portfolio manager of the Real Return strategy. Together with Aron Pataki and Suzanne Hutchins, Andy is responsible for the final capital allocation decisions on the strategy. Andy started his career at Mercury Asset Management in 1993 as a unit trust dealer before joining the quant & derivatives team to focus on managing synthetic portfolios for clients and trading equity derivatives for the firm. In 2006, Andy joined the multi-asset team at BlackRock where he was responsible for managing absolute and relative return mandates as well as the head of research specialising in equity thematic views and risk premia strategies. Andy has an MSc in Finance from Leicester University and is a CFA charterholder. Andy plays in a rock band in his spare time and enjoys playing, writing and recording music.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 33.74 | 6.07 | 12.92 |