BNY Mellon Global Real Return Fund - Class A (DRRAX)
| Fund Assets | 866.02M |
| Expense Ratio | 1.18% |
| Min. Investment | $1,000 |
| Turnover | 119.04% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 3.29% |
| Dividend Growth | -22.02% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 18.36 |
| YTD Return | 4.79% |
| 1-Year Return | 14.80% |
| 5-Year Return | 22.99% |
| 52-Week Low | 14.60 |
| 52-Week High | 18.67 |
| Beta (5Y) | n/a |
| Holdings | 177 |
| Inception Date | May 12, 2010 |
About DRRAX
BNY Mellon Global Real Return Fund Class A is a mutual fund employing an actively managed, multi-asset strategy designed to achieve total return, which includes both capital appreciation and income. Its primary objective is to deliver absolute or real returns with lower volatility than major equity markets over a full market cycle, typically five years. The fund achieves this by flexibly allocating assets across global equities, bonds, cash, and occasionally alternative investments like real estate and derivatives. Distinguished by its tactical allocation approach, the fund frequently shifts its exposures between regions and asset classes in response to changing global economic conditions, aiming for returns that are relatively independent of traditional benchmark indices. This makes it suitable for investors seeking diversification from traditional equity or fixed-income portfolios and for those interested in moderating risk through active asset management. Under the oversight of experienced portfolio managers at Newton Investment Management, the fund plays a notable role in the market by offering a diversified, risk-sensitive investment solution within the tactical allocation category, serving both institutional and individual investors looking for stability amid market fluctuations.
Performance
DRRAX had a total return of 14.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.09%.
Top 10 Holdings
64.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Grr Commodity Fund Ltd | n/a | 13.74% |
| Forward Exchange Contract Usd | n/a | 13.60% |
| Forward Exchange Contract Usd | n/a | 11.70% |
| Merrill Lynch B.V. 0% | n/a | 5.08% |
| Long Gilt Future Mar 26 | n/a | 4.99% |
| Secretaria Do Tesouro Nacional 0% | BLTN.0 01.01.30 LTN | 3.91% |
| Mexico (United Mexican States) 7.75% | MBONO.7.75 05.29.31 M | 3.65% |
| Forward Exchange Contract Usd | n/a | 3.16% |
| South Africa (Republic of) 7% | SAGB.7 02.28.31 R213 | 2.67% |
| Forward Exchange Contract Usd | n/a | 2.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.6057 | Dec 30, 2025 |
| Dec 30, 2024 | $0.7767 | Dec 30, 2024 |
| Dec 29, 2022 | $1.3535 | Dec 29, 2022 |
| Dec 30, 2021 | $0.2575 | Dec 30, 2021 |
| Dec 30, 2020 | $0.1992 | Dec 30, 2020 |
| Dec 30, 2019 | $0.3289 | Dec 30, 2019 |