9 important things you should know about BNY Mellon DGDAX mutual fund
Updated: December 06, 2021
Bull case
3-year return above the benchmark
5-year return above the benchmark
10-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. What is DGDAX dividend yield?
  5. What is DGDAX minimum initial investment amount?
  6. Does DGDAX have any sales loads or 12b-1 distribution expenses?
  7. What is DGDAX Finny Score? DGDAX buy or sell?
  8. What are the pros of investing in DGDAX? What are DGDAX buy reasons?
  9. 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 189 bond holdings.

The top 10 holdings represent 25.64% of total assets. Here are the top holdings:

Name Symbol % Assets
iShares iBoxx $ High Yield Corp Bd ETF HYG 3.33%
United States Treasury Bonds 2% N/A 3.33%
iShares JP Morgan USD Em Mkts Bd ETF EMB 3.20%
Norway (Kingdom Of) 1.75% N/A 3.04%
Euro Bund Future Dec 20 FGBLZ0.DE 2.53%
Australia (Commonwealth of) 3% N/A 2.23%
Long Gilt Future Dec 20 RF0.L 2.17%
SPDR® Blmbg Barclays Em Mkts Lcl Bd ETF EBND 2.11%
The Republic of Peru 6.95% N/A 1.94%
Malaysia (Government Of) 3.83% N/A 1.76%

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

DGDAX has generated the following returns:

  • 1-month return is 0.08%;
  • 3-month return is -1.02%;
  • 1-year return is -1.02%;
  • 3-year return is 4.37%;
  • 5-year return is 3.22%;
  • 10-year return is 3.19%.

4. What is DGDAX dividend yield?

DGDAX yield is 1.92%.

5. What is DGDAX minimum initial investment amount?

DGDAX minimum initial investment amount is $1.00K.

6. 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.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 50. Our quantitative analysis shows 3 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 50.

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

The following are DGDAX strengths from our perspective:

  • DGDAX 3-year return is 4.37%, which is higher than the 3-year return of the benchmark index (FTSE Treasury Bill 1 Month USD), 0.96%.
  • DGDAX 5-year return is 3.22%, which is higher than the 5-year return of the benchmark index (FTSE Treasury Bill 1 Month USD), 1.06%.
  • DGDAX 10-year return is 3.19%, which is higher than the 10-year return of the benchmark index (FTSE Treasury Bill 1 Month USD), 0.56%.

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

The following are DGDAX weaknesses from our perspective:

  • DGDAX net assets are $4.30 million. This fund is not a popular choice with retail investors.
  • DGDAX expense ratio is 1%, 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.