- What does DREVX invest in?
- This fund typically commits at least 80% of its net assets, alongside any borrowed capital, to equity investments in large-capitalization companies. Its portfolio managers utilize in-depth fundamental analysis to construct a diverse portfolio, incorporating a mix of growth-focused, value-oriented, and blended stocks that display qualities of both investment strategies.
- What is the expense ratio of DREVX?
- BNY Mellon Large Cap Securities Fund, Inc. (DREVX) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is DREVX?
- BNY Mellon Large Cap Securities Fund, Inc. (DREVX) manages $2.40B 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 DREVX actively managed or an index fund?
- DREVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DREVX's is 0.69%) in exchange for the discretion to over- or under-weight positions.
- When was DREVX launched?
- BNY Mellon Large Cap Securities Fund, Inc. (DREVX) launched in January 1980 and is managed by BNY Mellon.
- How has DREVX performed?
- DREVX'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.
