Fund Evaluator:
BNY Mellon Dynamic Value Fund Y (DRGYX)
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Fund Details
BNY Mellon Dynamic Value Fund Y Overview
BNY Mellon Dynamic Value Fund Y (DRGYX) is an actively managed U.S. Equity Large Value fund. BNY Mellon launched the fund in 2013.
The investment seeks capital appreciation. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in stocks. It may invest up to 30% of its net assets in foreign securities. The fund's portfolio managers identify potential investments through extensive quantitative and fundamental research. The fund focuses on individual stock selection (a "bottom-up" approach), emphasizing three key factors: value, sound business fundamentals and positive business momentum.
About BNY Mellon Dynamic Value Fund Y (DRGYX)
There are 3 members of the management team with an average tenure of 16.43 years: John Bailer (2004), Brian Ferguson (2003), Keith Howell Jr. (2021). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 1000 TR USD index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. BNY Mellon Dynamic Value Fund Y has 88 securities in its portfolio. The top 10 holdings constitute 29.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
BNY Mellon Dynamic Value Fund Y is part of the Equity global asset class and is within the U.S. Equity fund group. BNY Mellon Dynamic Value Fund Y has 1.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.4%. There is 1.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). BNY Mellon Dynamic Value Fund Y has 0.3% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DRGYX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The BNY Mellon Dynamic Value Fund Y expense ratio is above average compared to funds in the Large Value category. BNY Mellon Dynamic Value Fund Y has an expense ratio of 0.63%, which is 32% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. BNY Mellon Dynamic Value Fund Y has a portfolio turnover rate of 95%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of July 2026, BNY Mellon Dynamic Value Fund Y returned 1.5%, which earned it a grade of F, as the Large Value category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
BNY Mellon Dynamic Value Fund Y has a trailing yield of 0.40%, which is below the 1.20% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
BNY Mellon Dynamic Value Fund Y Grades
Year to date, the fund has returned 17.5%, 3.3 percentage points better than the category, which translates into a grade of B. The fund has returned 28.8% over the past year (grade of B), 19.0% over the past three years (grade of A) and 15.5% per year over the past five years (grade of A) and 14.5% per year over the past 10 years (grade of A).
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DRGYX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DRGYX Return (NAV) | 1.5% | 6.6% | 28.8% | 19.0% | 15.5% | 14.5% |
| DRGYX Grade | F | C | B | A | A | A |
| +/- Category | -1.4% | 0.4% | 5.0% | 3.4% | 4.6% | 3.2% |
| Large Value Avg | 2.9% | 6.2% | 23.8% | 15.7% | 10.9% | 11.3% |
| DRGYX Tax Cost Ratio | na | na | 1.6% | 1.6% | 2.6% | 2.3% |
DRGYX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DRGYX Return (NAV) | 17.5% | 18.6% | 16.1% | 12.9% | 3.1% | 33.7% | 4.0% | 27.1% | -10.4% | 15.2% | 18.5% |
| DRGYX Grade | B | A | B | B | A | A | C | B | D | D | A |
| +/- Category | 3.3% | 3.4% | 2.0% | 1.1% | 9.1% | 7.9% | 0.1% | 1.5% | -1.9% | -1.3% | 4.0% |
| Large Value Avg | 14.3% | 15.2% | 14.1% | 11.8% | -6.0% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 11.7% |
| Total Risk Index: | 0.95 - Average |
| Category Risk Index: | 0.97 - Below Average |
| Category Risk Grade: | B (35% Rank) |
| Beta: | 0.72 |
| R-Squared: | 65% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 0.4% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $12750 Mil |
| Fund Total Assets: | $1,167 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 95% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 22.9 years | |||
| Average Tenure: 16.4 years | |||
| Managers (Year): Ferguson Brian (2003), Bailer John (2004), Howell Jr. Keith (2021) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 88 |
| % in Top 10 Holdings: | 29.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.4% |
Portfolio Allocation |
|
| Domestic Stock: | 98.4% |
| Foreign Stock: | 1.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.3% |
Purchase Information
| Fund Family: | BNY Mellon |
| Phone Number: | 800-373-9387 |
| Website: | https://im.bnymellon.com |
| Status: | Open |
| Inception Date: | July 1, 2013 |
| Min. Initial Purchase: | $1,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.63% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | BNY Mellon Dynamic Value Fund A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
