DRNCX — Dreyfus Alternative Diversifier Strategies Fund
Data updated: 2023-06-28
DRNCX — Dreyfus Alternative Diversifier Strategies Fund. Holdings, fees, performance and SEC filings.
DRNCX Fund Overview
DRNCX — Dreyfus Alternative Diversifier Strategies Fund is a US mutual fund managed by BNY Mellon Investment Funds II, Inc., categorised as Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: BNY Mellon Investment Funds II, Inc.
- Category: Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $37.93M
- 1-year return: -4.3%
- Ticker: DRNCX
- SEC CIK: 0001591556
- SEC series ID: S000044139
- Share class ID: C000137208
DRNCX Investment Objective and Strategy
Dreyfus Alternative Diversifier Strategies Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BNY Mellon Investment Funds II, Inc..
Investment objective
The fund seeks long-term capital appreciation.
Principal investment strategy
"Effective on or about November 1, 2018 (the ""Effective Date""), in addition to the alternative investment strategies currently disclosed in the fund's prospectus, the fund intends to allocate its assets among underlying funds that employ the following additional alternative investment strategy: Options strategies seek to reduce volatility, provide a steady cash flow and/or protect against significant market declines that may occur over short periods of time. Options strategies include investments in a wide variety of options contracts and option-related instruments across different asset classes, including commodities, currencies, fixed-income and equity securities and indexes. Options strategies may include writing (selling) index call options, including covered call options, and/or purchasing index put options.
The fund currently intends to allocate up to 30% of its assets to options strategies."
DRNCX Holdings
Top 8 holdings of Dreyfus Alternative Diversifier Strategies Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Neuberger Berman Long Short Fund | 16.57% |
| Boston Partners Long/short Research Fund | 15.93% |
| Alphasimplex Global Alternatives Fund | 15.21% |
| Bny Mellon Global Real Return | 15.16% |
| 361 Global Long/short Equity Fund | 11.31% |
| Gateway Fund | 11.29% |
| Bny Mellon Global Real Estate Securities Fund | 10.59% |
| Dfa Commodity Strategy Portfolio | 2.62% |
DRNCX Portfolio Allocation
Asset-class allocation of Dreyfus Alternative Diversifier Strategies Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.7% |
DRNCX Performance
Total returns for DRNCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -4.3% |
| 3 years (annualised) | 4.4% |
DRNCX Risk Information
Risk metrics for DRNCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.2%
DRNCX Costs and Fees
DRNCX costs about $281 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.81%
- Gross expense ratio: 3.11%
- Portfolio turnover: 14%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
DRNCX Cashflows
Over the 12 months to 2023-04, Dreyfus Alternative Diversifier Strategies Fund had net outflows of $61.18M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-04 | −$21.97M |
| 2023-03 | −$23.08M |
| 2023-02 | −$998.72K |
| 2023-01 | $9.74M |
| 2022-12 | −$20.43M |
| 2022-11 | −$4.05M |
DRNCX Debt Constituents
No individual debt constituents are reported in Dreyfus Alternative Diversifier Strategies Fund's latest SEC N-PORT filing.
DRNCX Prospectus and SEC Filings
Official Dreyfus Alternative Diversifier Strategies Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-02-24
- Prospectus (485BPOS) — filed 2022-02-24
- Prospectus (485BPOS) — filed 2021-02-23
- Portfolio holdings (N-PORT) — filed 2023-06-28
- Portfolio holdings (N-PORT) — filed 2023-03-24
- Portfolio holdings (N-PORT) — filed 2022-12-23
- Annual census (N-CEN) — filed 2023-01-04
- Annual census (N-CEN) — filed 2022-01-11
Related Funds
Other Global (incl. US) Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.