- What does DGAGX invest in?
- This fund typically allocates a minimum of 80% of its total assets, including any capital borrowed for investment purposes, to common stocks. Its primary strategy focuses on financially sound, well-established "blue chip" corporations, which must have a market capitalization greater than $5 billion when initially acquired. This portfolio may encompass multinational enterprises. Beyond direct investments in equities, the fund also has the flexibility to gain exposure to international companies through U.S. dollar-denominated American Depositary Receipts (ADRs).
- What is the expense ratio of DGAGX?
- BNY Mellon Appreciation Fund, Inc. Investor Shares (DGAGX) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is DGAGX?
- BNY Mellon Appreciation Fund, Inc. Investor Shares (DGAGX) manages $1.91B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is DGAGX actively managed or an index fund?
- DGAGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DGAGX's is 0.88%) in exchange for the discretion to over- or under-weight positions.
- When was DGAGX launched?
- BNY Mellon Appreciation Fund, Inc. Investor Shares (DGAGX) launched in January 1986 and is managed by BNY Mellon.
- How has DGAGX performed?
- DGAGX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
