BNY Mellon Dynamic Total Return Fund Class Y (AVGYX)
| Fund Assets | 77.38M |
| Expense Ratio | 1.15% |
| Min. Investment | $1,000,000 |
| Turnover | 4.30% |
| Dividend (ttm) | 1.31 |
| Dividend Yield | 9.08% |
| Dividend Growth | 85.74% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 14.40 |
| YTD Return | 0.35% |
| 1-Year Return | -0.21% |
| 5-Year Return | 22.70% |
| 52-Week Low | 13.70 |
| 52-Week High | 15.80 |
| Beta (5Y) | n/a |
| Holdings | 351 |
| Inception Date | Jul 1, 2013 |
About AVGYX
BNY Mellon Dynamic Total Return Fund Class Y is an actively managed mutual fund that employs a macro trading strategy. The fund seeks to generate total return by investing opportunistically across a broad range of global asset classes, including equities, bonds, currencies, and commodities, without being restricted by any single asset class. It makes extensive use of derivatives and both systematic and discretionary methods to capitalize on global economic trends, government policies, interest rates, inflation, and market movements. This dynamic approach allows the fund to take significant long or short positions across markets to achieve returns that are less correlated with traditional market indexes. With a focus on diversified exposure and macroeconomic factors, the fund plays a role in portfolios seeking alternative sources of return and risk management. Established in 2013, it charges a net expense ratio of approximately 1.15%, reflecting its active management style and complex investment approach.
Performance
AVGYX had a total return of -0.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.65%.
Top 10 Holdings
179.93% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 08.07.25 | 42.60% |
| Forward Exchange Contract Usd | n/a | 23.54% |
| Forward Exchange Contract Gbp | n/a | 17.97% |
| Dtr Commodity Fund Ltd. | n/a | 16.26% |
| Forward Exchange Contract Usd | n/a | 14.77% |
| Forward Exchange Contract Usd | n/a | 14.53% |
| 10 Year Treasury Note Future Sept 25 | n/a | 13.38% |
| Forward Exchange Contract Jpy | n/a | 13.21% |
| Forward Exchange Contract Eur | n/a | 12.65% |
| E-mini S&P 500 Future June 25 | n/a | 11.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $1.305 | Dec 18, 2024 |
| Dec 19, 2023 | $0.7026 | Dec 19, 2023 |
| Dec 20, 2022 | $0.222 | Dec 20, 2022 |
| Dec 20, 2021 | $2.8595 | Dec 20, 2021 |
| Dec 23, 2019 | $0.5581 | Dec 23, 2019 |
| Dec 20, 2018 | $0.2288 | Dec 20, 2018 |