BNY Mellon Developed Markets Real Estate Securities Fund - Class A (DRLAX)

Fund Assets	340.52M
Expense Ratio	1.30%
Min. Investment	$1,000
Turnover	39.68%
Dividend (ttm)	0.24
Dividend Yield	2.44%
Dividend Growth	19.21%
Payout Frequency	Annual
Ex-Dividend Date	Dec 29, 2025

Previous Close	9.89
YTD Return	12.96%
1-Year Return	13.70%
5-Year Return	13.31%
52-Week Low	8.72
52-Week High	10.08
Beta (5Y)	0.84
Holdings	117
Inception Date	Dec 29, 2006

About DRLAX

BNY Mellon Developed Markets Real Estate Securities Fund - Class A is a mutual fund that focuses on providing investors exposure to a diversified portfolio of real estate securities from developed markets. Its primary objective is to maximize total return through a combination of capital appreciation and current income. The fund invests at least 80% of its net assets in publicly traded equity securities of real estate companies, including real estate investment trusts (REITs) and real estate operating companies, spanning developed markets in North America, Europe, Asia, and Australia. A hallmark of this fund is its broad geographical and sectoral diversification across the global real estate industry. It holds positions in over 100 companies, with top holdings typically concentrated in prominent sectors such as commercial infrastructure, residential properties, and specialized REITs. The fund is managed using both top-down regional research and bottom-up security selection, leveraging a proprietary relative value model to identify attractive investment opportunities and manage risk. Serving as a gateway for investors seeking participation in the global property markets, BNY Mellon Developed Markets Real Estate Securities Fund - Class A plays a significant role in portfolio diversification and in providing access to global real estate sector returns.

• Fund Family: BNY Mellon
• Category: Global Real Estate
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DRLAX
• Share Class: Class A
• Index: FTSE EPRA Nareit Developed NR USD

Performance

DRLAX had a total return of 13.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.18%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DRLIX	Class I	1.05%
DRLYX	Class Y	1.05%
DGBCX	Class C	2.05%

Top 10 Holdings

37.19% of assets

Name	Symbol	Weight
Welltower Inc.	WELL	7.05%
Equinix, Inc.	EQIX	5.96%
Prologis, Inc.	PLD	4.82%
Digital Realty Trust, Inc.	DLR	3.86%
Ventas, Inc.	VTR	3.48%
Goodman Group	GMG	2.57%
UDR, Inc.	UDR	2.52%
Brixmor Property Group Inc.	BRX	2.43%
Camden Property Trust	CPT	2.30%
Extra Space Storage Inc.	EXR	2.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 29, 2025	$0.2402	Dec 29, 2025
Dec 26, 2024	$0.2015	Dec 26, 2024
Dec 26, 2023	$0.1941	Dec 26, 2023
Dec 27, 2022	$0.534	Dec 27, 2022
Dec 28, 2021	$0.8146	Dec 28, 2021
Dec 28, 2020	$0.0731	Dec 28, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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