3 BNY Mellon Mutual Funds for Reliable Returns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2024
0mins
Source: NASDAQ.COM
BNY Mellon Overview:
- Founded in 2007 from a merger, BNY Mellon is a financial services company offering investment management and wealth management services.
- Operates seven investment firms with significant assets under custody and administration as well as under management.
Investing in BNY Mellon Mutual Funds:
- Considered a judicious option due to diversification without high commission charges associated with stock purchases.
- Three BNY Mellon mutual funds recommended for long-term investment based on strong performance and low fees.
BNY Mellon Dynamic Value Fund (DRGVX):
- Invests in companies with value, sound fundamentals, and positive momentum using a bottom-up approach.
- Managed by Keith Howell Jr., the fund has shown strong annualized returns and holds top Zacks Mutual Fund Rank.
BNY Mellon Natural Resources Fund (DLDRX):
- Focuses on investing in natural resources-related companies globally, led by David S. Intoppa.
- The fund has demonstrated impressive annualized returns and holds a Zacks Mutual Fund Rank #1.
BNY Mellon Floating Rate Income Fund (DFLAX):
- Primarily invests in floating-rate loans and securities, managed by Kevin L. Cronk.
- Shows moderate annualized returns with a Zacks Mutual Fund Rank #1.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








