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15 important things you should know about DGDAX mutual fund

Updated: September 27, 2020
40
Bull Case
  • 3-year return above the benchmark
  • 5-year return above the benchmark
Bear Case
  • Low net assets
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for DGDAX “stock” price, you can quickly find it out by visiting Finny and typing "DGDAX quote". If you’re looking for a quick scoop on DGDAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "DGDAX". You’ll get all this info in one place.

Are you looking to buy or sell DGDAX? Or perhaps you’re looking for DGDAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this DGDAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: DGDAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: DGDAX buy or sell; the pros and cons of investing in DGDAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to DGDAX.

And here is the list of questions we’ll answer:

  1. Describe Advantage Funds, Inc: Dreyfus Global Dynamic Bond Fund; Class A Shares (DGDAX).
  2. What are DGDAX holdings?
  3. What is DGDAX performance? What are DGDAX historical returns?
  4. How many up and down years did DGDAX have historically?
  5. What is DGDAX dividend yield?
  6. What is DGDAX minimum initial investment amount?
  7. What is DGDAX expense ratio?
  8. Does DGDAX have any sales loads or 12b-1 distribution expenses?
  9. What is DGDAX tax efficiency (tax-cost ratio)?
  10. What is DGDAX beta? How would you assess DGDAX risk?
  11. What is DGDAX Sharpe ratio?
  12. What is DGDAX Finny Score? DGDAX buy or sell?
  13. What are the pros of investing in DGDAX? What are DGDAX buy reasons?
  14. What are the cons of investing in DGDAX? What are DGDAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Advantage Funds, Inc: Dreyfus Global Dynamic Bond Fund; Class A Shares (DGDAX).

The Fund seeks total return. The Fund normally invests at least 80% of its assets in bonds and other instruments that provide investment exposure to global bond markets.

2. What are DGDAX top holdings?

DGDAX has 0 stock holdings and 188 bond holdings.

The top 10 holdings represent 24.31% of total assets. Here are the top holdings:

Name Symbol % Assets
iShares JP Morgan USD Em Mkts Bd ETF EMB 3.15%
Norway (Kingdom Of) 1.75% N/A 3.05%
10 Year Australian Treasury Bond Future June 20 XTM0.DE 2.71%
Euro Bund Future June 20 FGBLM0 2.61%
United States Treasury Bonds 3% N/A 2.51%
iShares iBoxx $ High Yield Corp Bd ETF HYG.AX 2.44%
Australia (Commonwealth of) 3% N/A 2.14%
iShares iBoxx $ Invmt Grade Corp Bd ETF LQD.L 2.09%
Long Gilt Future Sept 20 RU0 1.91%
United States Treasury Bonds 2.88% N/A 1.70%

3. What is DGDAX performance? What are DGDAX historical returns?

DGDAX has generated the following returns:

  • 1-month return is 0.24%;
  • 3-month return is 2.54%;
  • 1-year return is 2.94%;
  • 3-year return is 3.99%;
  • 5-year return is 3.51%.

4. How many up and down years did DGDAX have historically?

In the last 10 years, DGDAX had 9 up years and 1 down year.

DGDAX up and down years

5. What is DGDAX dividend yield?

DGDAX yield is 3.95%.

6. What is DGDAX minimum initial investment amount?

DGDAX minimum initial investment amount is $1.00K.

7. What is DGDAX expense ratio?

DGDAX expense ratio is 0.75%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

DGDAX expenses

8. Does DGDAX have any sales loads or 12b-1 distribution expenses?

DGDAX 12b-1 distribution fee is 0. DGDAX front-end sales load is 4.5. DGDAX back-end sales load is 0.

9. What is DGDAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 1.53%;
  • 3-year ax cost ratio is 1.35%.
DGDAX tax costs

10. What is DGDAX beta? How would you assess DGDAX risk?

  • 3-year beta is 0.67;
  • 5-year beta is 0.57.
DGDAX Beta

11. What is DGDAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.36;
  • 5-year Sharpe ratio is 0.49.
DGDAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 40. Our quantitative analysis shows 2 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 40.

13. What are the pros of investing in DGDAX? What are DGDAX buy reasons?

The following are DGDAX strengths from our perspective:

  • <strong>DGDAX 3-year return</strong> is 3.99%, which is higher than the 3-year return of the benchmark index (FTSE Treasury Bill 1 Month USD), 1.59%.
  • <strong>DGDAX 5-year return</strong> is 3.51%, which is higher than the 5-year return of the benchmark index (FTSE Treasury Bill 1 Month USD), 1.09%.

14. What are the cons of investing in DGDAX? What are DGDAX negatives?

The following are DGDAX weaknesses from our perspective:

  • <strong>DGDAX net assets</strong> are $2.30 million. This fund is not a popular choice with retail investors.
  • <strong>DGDAX expense ratio</strong> is 0.75%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a front-end sales fee. The maximum front-end fee is 4.5%. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the DGDAX review, we covered DGDAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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