Bny Mellon Strategic Fund Quote
DSM Fund | USD 5.55 0.03 0.54% |
Performance0 of 100
| Odds Of DistressLess than 20
|
Bny Mellon is selling at 5.55 as of the 23rd of April 2024; that is -0.54 percent down since the beginning of the trading day. The fund's lowest day price was 5.54. Bny Mellon has about a 20 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Bny Mellon Strategic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
BNY Mellon Strategic Municipal Bond Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. BNY Mellon Strategic Municipal Bond Fund, Inc. was formed on November 22, 1989 and is domiciled in the United States. The company has 49.42 M outstanding shares of which 17.2 K shares are currently shorted by investors with about 0.12 days to cover. More on Bny Mellon Strategic
Moving together with Bny Fund
0.72 | KF | Korea Closed | PairCorr |
0.65 | TWN | Taiwan Closed | PairCorr |
0.77 | GDV | Gabelli Dividend | PairCorr |
Bny Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bny Mellon's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bny Mellon or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman | Joseph DiMartino |
Old Names | [Deep South Resources Inc, Koninklijke DSM N.V.] |
Fund Concentration | High Yield Muni Funds, Asset Management, Financial Services (View all Sectors) |
Update Date | 31st of March 2024 |
Bny Mellon Strategic [DSM] is traded in USA and was established 23rd of April 2024. The fund is not classified under any group at the present time. Bny Mellon Strategic currently has in assets under management (AUM) with no minimum investment requirementsThe fund is currently generating return of 0.21% with the current yeild of 4.64%, while the total return for the last 3 years was -4.1%.
Bny Mellon Strategic has about 5.87 M in cash with 52.27 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Bny Mellon Probability Of Bankruptcy
Bny Mellon Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Bny Mellon jumping above the current price in 90 days from now is roughly 97.0%. The Bny Mellon Strategic probability density function shows the probability of Bny Mellon fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Bny Mellon has a beta of 0.3107 suggesting as returns on the market go up, Bny Mellon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bny Mellon Strategic will be expected to be much smaller as well. Additionally, bny Mellon Strategic has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Bny Mellon to move above the current price in 90 days from now is roughly 97.0 (This Bny Mellon Strategic probability density function shows the probability of Bny Fund to fall within a particular range of prices over 90 days) .
Bny Mellon Top Holders
FCAEX | Fidelity Climate Action | Mutual Fund | World Large-Stock Growth |
JETAX | Aberdeen Select International | Mutual Fund | World Large-Stock Growth |
HGXFX | Hartford Global Impact | Mutual Fund | World Small/Mid Stock |
PXEAX | Pax Global Environmental | Mutual Fund | World Large-Stock Blend |
HFOIX | Janus Henderson International | Mutual Fund | Foreign Large Blend |
ROBNX | Robinson Tax Advantaged | Mutual Fund | Muni National Long |
EWN | iShares MSCI Netherlands | Etf | Miscellaneous Region |
Bny Mellon Strategic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bny Mellon market risk premium is the additional return an investor will receive from holding Bny Mellon long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bny Mellon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Bny Mellon's alpha and beta are two of the key measurements used to evaluate Bny Mellon's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.05) |
Bny Mellon Against Markets
Picking the right benchmark for Bny Mellon fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bny Mellon fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bny Mellon is critical whether you are bullish or bearish towards Bny Mellon Strategic at a given time. Please also check how Bny Mellon's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bny Mellon without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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How to buy Bny Fund?
Before investing in Bny Mellon, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bny Mellon. To buy Bny Mellon fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bny Mellon. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Bny Mellon fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bny Mellon Strategic fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Bny Mellon Strategic fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Bny Mellon Strategic, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Bny Mellon Strategic?
The danger of trading Bny Mellon Strategic is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bny Mellon is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bny Mellon. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bny Mellon Strategic is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Bny Mellon Strategic. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.