Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
3.5%
1 yr return
11.0%
3 Yr Avg Return
-2.3%
5 Yr Avg Return
-0.5%
Net Assets
$579 M
Holdings in Top 10
11.0%
Expense Ratio 0.41%
Front Load N/A
Deferred Load N/A
Turnover 183.21%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds that are included in the Bloomberg U.S. Aggregate Bond Index (or other instruments with similar economic characteristics). In seeking to match index performance, the manager uses a passive management approach and generally purchases a representative sample of the bonds comprising the Bloomberg U.S. Aggregate Bond Index. Because the fund has expenses, performance will tend to be slightly lower than that of the index. The fund attempts to
have a correlation between its performance and that of the Bloomberg U.S. Aggregate Bond Index of at least .95 before expenses. A correlation of 1.00 would mean that the fund and the index were perfectly correlated.
The fund's investments are selected by a "sampling" process, which is a statistical process used to select bonds so that the fund has investment characteristics that closely approximate those of the index. By using this sampling process, the fund typically will not invest in all of the securities in the index.
The Bloomberg U.S. Aggregate Bond Index is a broad-based, unmanaged index that covers the U.S. dollar-denominated, investment grade (Baa/BBB or higher), fixed-rate, taxable bond market. The index includes bonds from the U.S. Treasury, U.S. government-related, corporate, mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities sectors. Although most of the securities in the index are issued by the U.S. Treasury and other U.S. government and agency issuers, the index may include dollar-denominated bonds issued by foreign issuers in which the fund may invest to the extent the index contains such securities. To maintain liquidity, the fund may invest up to 20% of its net assets in various short-term, fixed-income securities and money market instruments. The fund also may use index futures as a substitute for the sale or purchase of securities and purchase or sell securities on a forward commitment (including "TBA" (to be announced)) basis. A derivatives contract, such as futures contracts, will obligate or entitle the fund to deliver or receive an asset or cash payment based on the change in value of the underlying asset. The fund may engage in short-term trading in the execution of its investment strategy.
"Bloomberg®" and Bloomberg U.S. Aggregate Bond Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited, the administrator of the index, and have been licensed for use for certain purposes by BNY Mellon Investment Adviser, Inc. Bloomberg is not affiliated with the fund, and it does not sell or endorse the fund, nor does it guarantee the performance of the fund or the index.
Period | DBMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.5% | -2.4% | 11.7% | 67.55% |
1 Yr | 11.0% | -7.4% | 26.1% | 88.16% |
3 Yr | -2.3%* | -9.9% | 28.9% | 73.43% |
5 Yr | -0.5%* | -7.0% | 59.1% | 86.45% |
10 Yr | 1.2%* | -2.4% | 74.3% | 79.46% |
* Annualized
Period | DBMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.9% | -16.2% | 8.1% | 60.20% |
2022 | -15.5% | -34.7% | 131.9% | 36.33% |
2021 | -4.4% | -11.6% | 4.4% | 87.68% |
2020 | 4.6% | -10.1% | 946.1% | 40.81% |
2019 | 5.4% | -1.7% | 16.9% | 57.70% |
Period | DBMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.5% | -2.4% | 11.7% | 67.55% |
1 Yr | 11.0% | -7.4% | 26.1% | 88.16% |
3 Yr | -2.3%* | -9.9% | 28.9% | 73.43% |
5 Yr | -0.5%* | -7.0% | 59.1% | 86.45% |
10 Yr | 1.2%* | -2.4% | 74.3% | 79.46% |
* Annualized
Period | DBMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | -11.3% | 11.9% | 82.65% |
2022 | -13.5% | -32.2% | 131.9% | 46.76% |
2021 | -1.8% | -9.4% | 9.2% | 80.15% |
2020 | 7.5% | -1.9% | 1009.0% | 70.24% |
2019 | 8.4% | 1.1% | 21668.0% | 64.04% |
DBMIX | Category Low | Category High | DBMIX % Rank | |
---|---|---|---|---|
Net Assets | 579 M | 2.9 M | 314 B | 64.16% |
Number of Holdings | 2682 | 1 | 17787 | 13.73% |
Net Assets in Top 10 | 62.8 M | 1.62 M | 36.1 B | 79.15% |
Weighting of Top 10 | 10.99% | 4.4% | 432.9% | 88.46% |
Weighting | Return Low | Return High | DBMIX % Rank | |
---|---|---|---|---|
Bonds | 98.97% | 0.00% | 993.61% | 28.53% |
Cash | 5.10% | -54.51% | 237.69% | 30.42% |
Convertible Bonds | 0.99% | 0.00% | 7.93% | 68.34% |
Stocks | 0.00% | 0.00% | 99.99% | 71.88% |
Preferred Stocks | 0.00% | 0.00% | 71.02% | 66.94% |
Other | 0.00% | -16.55% | 52.94% | 89.62% |
Weighting | Return Low | Return High | DBMIX % Rank | |
---|---|---|---|---|
Government | 39.05% | 0.00% | 86.23% | 20.18% |
Securitized | 27.60% | 0.00% | 98.40% | 56.66% |
Corporate | 21.78% | 0.00% | 100.00% | 81.76% |
Cash & Equivalents | 5.10% | -0.46% | 237.69% | 29.81% |
Municipal | 0.66% | 0.00% | 100.00% | 35.55% |
Derivative | 0.00% | -1.41% | 44.82% | 69.58% |
Weighting | Return Low | Return High | DBMIX % Rank | |
---|---|---|---|---|
US | 98.97% | 0.00% | 993.61% | 25.53% |
Non US | 0.00% | 0.00% | 35.41% | 70.60% |
DBMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.41% | 0.01% | 39.64% | 82.52% |
Management Fee | 0.15% | 0.00% | 1.76% | 7.50% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 42.64% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
DBMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
DBMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DBMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 183.21% | 2.00% | 493.39% | 63.84% |
DBMIX | Category Low | Category High | DBMIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.14% | 0.00% | 10.11% | 75.53% |
DBMIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
DBMIX | Category Low | Category High | DBMIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.46% | -1.28% | 4.79% | 65.38% |
DBMIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.024 | OrdinaryDividend |
Aug 30, 2024 | $0.028 | OrdinaryDividend |
Jul 31, 2024 | $0.026 | OrdinaryDividend |
Apr 30, 2024 | $0.025 | OrdinaryDividend |
Mar 28, 2024 | $0.026 | OrdinaryDividend |
Feb 29, 2024 | $0.024 | OrdinaryDividend |
Jan 31, 2024 | $0.025 | OrdinaryDividend |
Dec 29, 2023 | $0.026 | OrdinaryDividend |
Nov 30, 2023 | $0.024 | OrdinaryDividend |
Sep 29, 2023 | $0.023 | OrdinaryDividend |
Aug 31, 2023 | $0.024 | OrdinaryDividend |
Jul 31, 2023 | $0.023 | OrdinaryDividend |
Jun 30, 2023 | $0.023 | OrdinaryDividend |
May 31, 2023 | $0.025 | OrdinaryDividend |
Apr 28, 2023 | $0.021 | OrdinaryDividend |
Mar 31, 2023 | $0.023 | OrdinaryDividend |
Feb 28, 2023 | $0.020 | OrdinaryDividend |
Jan 31, 2023 | $0.022 | OrdinaryDividend |
Dec 30, 2022 | $0.021 | OrdinaryDividend |
Nov 30, 2022 | $0.020 | OrdinaryDividend |
Oct 31, 2022 | $0.020 | OrdinaryDividend |
Sep 30, 2022 | $0.019 | OrdinaryDividend |
Aug 31, 2022 | $0.020 | OrdinaryDividend |
Jul 29, 2022 | $0.017 | OrdinaryDividend |
Jun 30, 2022 | $0.017 | OrdinaryDividend |
May 31, 2022 | $0.017 | OrdinaryDividend |
Apr 29, 2022 | $0.014 | OrdinaryDividend |
Mar 31, 2022 | $0.015 | OrdinaryDividend |
Feb 28, 2022 | $0.014 | OrdinaryDividend |
Jan 31, 2022 | $0.015 | OrdinaryDividend |
Dec 31, 2021 | $0.015 | OrdinaryDividend |
Dec 15, 2021 | $0.004 | CapitalGainShortTerm |
Dec 15, 2021 | $0.092 | CapitalGainLongTerm |
Nov 30, 2021 | $0.016 | OrdinaryDividend |
Oct 29, 2021 | $0.014 | OrdinaryDividend |
Sep 30, 2021 | $0.015 | OrdinaryDividend |
Aug 31, 2021 | $0.016 | OrdinaryDividend |
Jul 30, 2021 | $0.015 | OrdinaryDividend |
Jun 30, 2021 | $0.016 | OrdinaryDividend |
May 28, 2021 | $0.014 | OrdinaryDividend |
Apr 30, 2021 | $0.015 | OrdinaryDividend |
Mar 31, 2021 | $0.016 | OrdinaryDividend |
Feb 26, 2021 | $0.015 | OrdinaryDividend |
Jan 29, 2021 | $0.015 | OrdinaryDividend |
Dec 31, 2020 | $0.016 | OrdinaryDividend |
Dec 15, 2020 | $0.044 | CapitalGainLongTerm |
Nov 30, 2020 | $0.017 | OrdinaryDividend |
Oct 30, 2020 | $0.016 | OrdinaryDividend |
Sep 30, 2020 | $0.017 | OrdinaryDividend |
Aug 31, 2020 | $0.018 | OrdinaryDividend |
Jul 31, 2020 | $0.019 | OrdinaryDividend |
Jun 30, 2020 | $0.021 | OrdinaryDividend |
May 29, 2020 | $0.019 | OrdinaryDividend |
Apr 30, 2020 | $0.021 | OrdinaryDividend |
Mar 31, 2020 | $0.022 | OrdinaryDividend |
Feb 28, 2020 | $0.020 | OrdinaryDividend |
Jan 31, 2020 | $0.022 | OrdinaryDividend |
Dec 31, 2019 | $0.022 | OrdinaryDividend |
Nov 29, 2019 | $0.021 | OrdinaryDividend |
Oct 31, 2019 | $0.022 | OrdinaryDividend |
Sep 30, 2019 | $0.023 | OrdinaryDividend |
Aug 30, 2019 | $0.022 | OrdinaryDividend |
Jul 31, 2019 | $0.024 | OrdinaryDividend |
Dec 18, 2018 | $0.003 | CapitalGainShortTerm |
Dec 20, 2017 | $0.006 | CapitalGainShortTerm |
Dec 20, 2016 | $0.029 | CapitalGainShortTerm |
Dec 20, 2016 | $0.021 | CapitalGainLongTerm |
Dec 21, 2015 | $0.042 | CapitalGainShortTerm |
Dec 21, 2015 | $0.007 | CapitalGainLongTerm |
Dec 22, 2014 | $0.034 | CapitalGainShortTerm |
Dec 22, 2014 | $0.050 | CapitalGainLongTerm |
Dec 20, 2013 | $0.005 | CapitalGainShortTerm |
Dec 20, 2013 | $0.137 | CapitalGainLongTerm |
Dec 21, 2012 | $0.025 | CapitalGainLongTerm |
Dec 17, 2004 | $0.013 | CapitalGainLongTerm |
Dec 19, 2003 | $0.047 | CapitalGainLongTerm |
Dec 01, 1998 | $0.018 | CapitalGainShortTerm |
Dec 01, 1998 | $0.053 | CapitalGainLongTerm |
Nov 28, 1997 | $0.027 | CapitalGainShortTerm |
Nov 28, 1997 | $0.025 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Feb 11, 2010
12.31
12.3%
Nancy is the Head of Fixed Income Index Portfolio Management. She is responsible for the management of domestic and international fixed income index portfolios, including separate, commingled, and mutual fund accounts. She has experience in managing aggregate, government, credit and custom indexes. Nancy has been in the investment industry and at BNY Mellon affiliates since 1987. Prior to her current role, she was a senior portfolio manager at Standish and portfolio manager at Mellon Bond Associates. Previously, she served in various functions such as trading, performance measurement, and portfolio accounting. In 2012, Nancy was awarded the Pittsburgh quarterly Outstanding Leadership Team Award for her work with the management team on the Building Organizational Talent initiative. Nancy earned an MBA in investments from Drexel University. She holds the CFA designation and is a member of the CFA Institute and CFA Society Pittsburgh.
Start Date
Tenure
Tenure Rank
Oct 29, 2021
0.59
0.6%
Gregg A. Lee, CFA is Director, Senior Portfolio Manager, Fixed Income at Mellon. He joined Mellon in 1989 as an equity indexing portfolio manager and after just over a year, transferred to the fixed-income department. Mr. Lee is responsible for domestic and international fixed income portfolios. He oversees the MBS/securitized sector and helps with the refinement and implementation of the portfolio management process. Mr. Lee also manages global aggregate portfolios including all components and custom indexes, and fixed income ETFs. Prior experience includes managing and trading domestic and international active fixed-income portfolios with a focus on the Active Core and Core Plus strategies. Mr. Lee graduated with a B.S. from University of California at Davis in Managerial Economics. Mr. Lee has been in the investment industry since 1989. Mr. Lee is a member of the CFA Institute and the CFA Society of San Francisco.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.79 | 1.16 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...