BNY Mellon Natural Resources Fund (DLDRX)
| Fund Assets | 991.10M |
| Expense Ratio | 0.89% |
| Min. Investment | $1,000 |
| Turnover | 103.94% |
| Dividend (ttm) | 3.27 |
| Dividend Yield | 6.90% |
| Dividend Growth | -43.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 6, 2024 |
| Previous Close | 46.86 |
| YTD Return | 7.84% |
| 1-Year Return | -1.74% |
| 5-Year Return | 155.65% |
| 52-Week Low | 33.61 |
| 52-Week High | 51.89 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Oct 31, 2003 |
About DLDRX
BNY Mellon Natural Resources Fund Class I is a mutual fund dedicated to delivering long-term capital appreciation by investing predominantly in companies within the natural resources sector. The fund allocates at least 80% of its net assets to stocks of firms involved in commodity-based industries, such as energy, chemicals, minerals, and forest products, both domestically and globally. It employs a blend of growth and value investment approaches and maintains exposure across major natural resources sectors, including a mix of market capitalizations from giant to micro-cap companies. The fund may also invest in foreign and emerging markets, offering broad diversification within the sector. By focusing on businesses that supply essential materials and energy, the fund plays a critical role in providing investors with targeted exposure to the natural resources market, a segment that can be influenced by global supply-demand dynamics and macroeconomic trends. BNY Mellon Natural Resources Fund Class I is suitable for those seeking to capture the growth potential inherent in natural resources industries through a professionally managed, diversified mutual fund structure.
Performance
DLDRX had a total return of -1.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
40.66% of assets| Name | Symbol | Weight |
|---|---|---|
| Phillips 66 | PSX | 4.49% |
| International Paper Company | IP | 4.49% |
| Suncor Energy Inc. | SU | 4.21% |
| Diamondback Energy, Inc. | FANG | 4.10% |
| Anglo American plc | AAL | 4.04% |
| Freeport-McMoRan Inc. | FCX | 4.03% |
| Capstone Copper Corp. | CS | 3.95% |
| ArcelorMittal S.A. | MT | 3.91% |
| Canadian Natural Resources Limited | CNQ | 3.75% |
| Marathon Petroleum Corporation | MPC | 3.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 6, 2024 | $3.2743 | Dec 6, 2024 |
| Dec 6, 2023 | $5.7643 | Dec 6, 2023 |
| Dec 5, 2022 | $4.9936 | Dec 5, 2022 |
| Dec 1, 2021 | $2.1291 | Dec 1, 2021 |
| Dec 1, 2020 | $0.3565 | Dec 1, 2020 |
| Dec 3, 2019 | $0.6582 | Dec 3, 2019 |