Bny Mellon Income Fund Quote
BMIAX Fund | USD 8.81 0.01 0.11% |
Performance14 of 100
| Odds Of DistressLess than 17
|
Bny Mellon is trading at 8.81 as of the 27th of November 2024; that is 0.11% down since the beginning of the trading day. The fund's open price was 8.82. Bny Mellon has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Bny Mellon Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in stocks. The adviser focuses on dividend-paying stocks and other investments and investment techniques that provide income. The adviser emphasizes those stocks with value characteristics, although The adviser may also purchase growth stocks. More on Bny Mellon Income
Moving against Bny Mutual Fund
Bny Mutual Fund Highlights
Fund Concentration | BNY Mellon Funds, Large Value Funds, Large Value, BNY Mellon Funds (View all Sectors) |
Update Date | 30th of September 2024 |
Bny Mellon Income [BMIAX] is traded in USA and was established 27th of November 2024. Bny Mellon is listed under BNY Mellon Funds category by Fama And French industry classification. The fund is listed under Large Value category and is part of BNY Mellon Funds family. This fund currently has accumulated 1.22 B in assets under management (AUM) with no minimum investment requirementsBny Mellon Income is currently producing year-to-date (YTD) return of 22.25% with the current yeild of 0.02%, while the total return for the last 3 years was 12.55%.
Check Bny Mellon Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Bny Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Bny Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Bny Mellon Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Bny Mellon Income Mutual Fund Constituents
USB | US Bancorp | Stock | Financials | |
RTX | Raytheon Technologies Corp | Stock | Industrials | |
K | Kellanova | Stock | Consumer Staples | |
ETN | Eaton PLC | Stock | Industrials | |
GM | General Motors | Stock | Consumer Discretionary | |
OXY | Occidental Petroleum | Stock | Energy | |
JPM | JPMorgan Chase Co | Stock | Financials | |
DVN | Devon Energy | Stock | Energy |
Bny Mellon Income Risk Profiles
Mean Deviation | 0.5218 | |||
Semi Deviation | 0.2806 | |||
Standard Deviation | 0.687 | |||
Variance | 0.4719 |
Bny Mellon Against Markets
Other Information on Investing in Bny Mutual Fund
Bny Mellon financial ratios help investors to determine whether Bny Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bny with respect to the benefits of owning Bny Mellon security.
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