14 important things you should know about Dreyfus DPSAX mutual fund

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

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

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

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

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

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

Fact Sheet

1. Describe Advantage Funds, Inc: Dreyfus Structured Midcap Fund; Class A Shares (DPSAX).

The Fund seeks long term capital growth by investing primarily in a blended portfolio of growth and value stocks of medium-size companies, those whose market values generally range between $2 billion and $10 billion at the time of purchase.

2. What are DPSAX top holdings?

DPSAX has 117 stock holdings and 0 bond holdings.

The top 10 holdings represent 17.47% of total assets. Here are the top holdings:

Name Symbol % Assets
CACI International Inc Class A CACI 1.96%
Bio-Rad Laboratories Inc BIO 1.88%
Tech Data Corp TECD 1.82%
First Industrial Realty Trust Inc FR 1.81%
Carlisle Companies Inc CSL 1.76%
Gentex Corp GNTX 1.71%
OGE Energy Corp OGE 1.67%
Hill-Rom Holdings Inc HRC 1.66%
Reliance Steel & Aluminum Co RS 1.66%
J2 Global Inc JCOM 1.54%

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

DPSAX has generated the following returns:

  • 1-month return is 3.57%;
  • 3-month return is -22.22%;
  • 1-year return is -17.35%;
  • 3-year return is -3.96%;
  • 5-year return is -0.36%;
  • 10-year return is 7.63%;
  • 15-year return is 6.06%.

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

In the last 10 years, DPSAX had 7 up years and 3 down years.

5. What is DPSAX dividend yield?

DPSAX yield is 0.37%.

6. What is DPSAX minimum initial investment amount?

DPSAX minimum initial investment amount is $1.00K.

7. What is DPSAX expense ratio?

DPSAX expense ratio is 1.25%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

DPSAX 12b-1 distribution fee is 0. DPSAX front-end sales load is 5.75. DPSAX back-end sales load is 0.

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

  • 1-year ax cost ratio is 1.03%;
  • 3-year ax cost ratio is 1.99%.

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

  • 3-year beta is 1.23;
  • 5-year beta is 1.19;
  • 10-year beta is 1.19.

11. What is DPSAX Sharpe ratio?

  • 3-year Sharpe ratio is -0.41;
  • 5-year Sharpe ratio is -0.15;
  • 10-year Sharpe ratio is 0.42.

Analysis

12. What is DPSAX Finny Score? DPSAX buy or sell?

DPSAX Finny Score is 0. Our quantitative analysis shows 0 reasons to buy DPSAX and 10 reasons to sell it, resulting in the Finny Score of 0.

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

We don't see any strong reasons to buy DPSAX.

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

The following are DPSAX weaknesses from our perspective:

  • DPSAX net assets are $79.30 million. This fund is not a popular choice with retail investors.
  • DPSAX 3-year return is -3.96%, which is lower than the 3-year return of the benchmark index (S&P MidCap 400 TR), 0.59%.
  • DPSAX 5-year return is -0.36%, which is lower than the 5-year return of the benchmark index (S&P MidCap 400 TR), 3.69%.
  • DPSAX 10-year return is 7.63%, which is lower than the 10-year return of the benchmark index (S&P MidCap 400 TR), 9.98%.
  • DPSAX 15-year return is 6.06%, which is lower than the 15-year return of the benchmark index (S&P MidCap 400 TR), 8.17%.
  • Warning: this fund has a front-end sales fee. The maximum front-end fee is 5.75%. 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.
  • DPSAX expense ratio is 1.25%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • DPSAX 3-year Beta is 1.23, which is higher than the index (S&P 500 TR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
  • DPSAX 5-year Beta is 1.19, which is higher than the index (S&P 500 TR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • DPSAX 10-year Beta is 1.19, which is higher than the index (S&P 500 TR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
In the DPSAX review, we covered DPSAX 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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