BNY Mellon Global Real Return Fund - Class I (DRRIX)
| Fund Assets | 866.02M |
| Expense Ratio | 0.93% |
| Min. Investment | $1,000 |
| Turnover | 119.04% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 3.73% |
| Dividend Growth | -20.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 17.36 |
| YTD Return | 4.82% |
| 1-Year Return | 15.32% |
| 5-Year Return | 25.76% |
| 52-Week Low | 13.74 |
| 52-Week High | 17.66 |
| Beta (5Y) | 0.39 |
| Holdings | 177 |
| Inception Date | May 12, 2010 |
About DRRIX
BNY Mellon Global Real Return Fund Class I is an actively managed multi‑asset mutual fund designed to deliver total return with lower volatility than major equity markets. It allocates dynamically across global equities, fixed income, cash, and select alternative exposures, employing derivatives such as currency forwards and futures to manage risk and express macro views. The strategy emphasizes absolute or real return objectives, balancing capital preservation with growth by shifting weights among asset classes and regions, including both developed and emerging markets. Notable portfolio elements have included U.S. Treasuries, cash equivalents, commodity-linked vehicles, and currency positions, reflecting a diversified toolkit aimed at navigating varying market regimes. Classified in the tactical allocation category, the fund’s institutional share class features a below-average distribution fee profile and seeks to moderate drawdowns while maintaining return potential through active positioning and risk management. Its role in the market is to serve as a flexible core or complement in diversified portfolios, offering broad global exposure with a measured risk stance and a process calibrated to deliver steadier return streams across cycles.
Performance
DRRIX had a total return of 15.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.94%.
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 | $0.6495 | Dec 30, 2025 |
| Dec 30, 2024 | $0.8206 | Dec 30, 2024 |
| Dec 28, 2023 | $0.0218 | Dec 28, 2023 |
| Dec 29, 2022 | $1.3966 | Dec 29, 2022 |
| Dec 30, 2021 | $0.287 | Dec 30, 2021 |
| Dec 30, 2020 | $0.231 | Dec 30, 2020 |