DWOAX Performance — BNY Mellon Research Growth Fund, Inc., Class A
Data updated: 2026-07-24
DWOAX returned +8.32% year to date and +28.49% over one year to May 2026. Annualised returns are +21.60% over 3 years and +10.78% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $180, against $165 for the category, and to $128 over one year, against $122. Volatility over the past three years was 18.47% a year. In the 12 months to May 2026 the fund took in a net $4.1M, and assets reached $1.73B.
DWOAX Growth of $100
What $100 invested in BNY Mellon Research Growth Fund, Inc. grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | DWOAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $128 | $122 |
| 3 years (Jun 2023 – May 2026) | $180 | $165 |
| 5 years (Jun 2021 – May 2026) | $167 | $164 |
| Since data start (Sep 2019 – May 2026) | $276 | $229 |
DWOAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.32% |
| 1 year | +28.49% |
| 3 years (annualised) | +21.60% |
| 5 years (annualised) | +10.78% |
DWOAX Annual Returns
Calendar-year total returns of BNY Mellon Research Growth Fund, Inc., compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +8.32% |
| 2025 | +14.68% |
| 2024 | +26.15% |
| 2023 | +41.79% |
| 2022 | −33.91% |
| 2021 | +18.69% |
| 2020 | +46.01% |
| 2019 (Sep–Dec) | +8.53% |
DWOAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0% | −3.9% | −5.7% | +12.8% | +5.9% | — | — | — | — | — | — | — |
| 2025 | +2.8% | −6.1% | −10.2% | +1.9% | +9.4% | +7.6% | +4.0% | +0.6% | +2.7% | +5.0% | −1.8% | −0.4% |
| 2024 | +1.7% | +6.3% | +3.6% | −4.0% | +5.0% | +5.4% | −3.8% | +1.0% | +2.6% | +0.4% | +7.8% | −1.6% |
| 2023 | +11.4% | −0.8% | +5.9% | +0.6% | +5.0% | +6.4% | +3.1% | −1.4% | −6.9% | −4.1% | +12.1% | +5.9% |
| 2022 | −10.8% | −1.8% | +4.2% | −16.2% | −3.8% | −9.4% | +13.0% | −5.3% | −10.2% | +7.0% | +4.8% | −8.0% |
| 2021 | −0.4% | +2.1% | −1.4% | +6.2% | −1.9% | +6.2% | +1.8% | +3.5% | −5.3% | +6.9% | −1.0% | +1.2% |
| 2020 | +3.0% | −6.2% | −10.1% | +16.1% | +8.4% | +4.4% | +8.2% | +10.2% | −5.1% | −1.9% | +11.8% | +3.1% |
| 2019 | — | — | — | — | — | — | — | — | −0.3% | +1.3% | +4.0% | +3.3% |
DWOAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 18.47%
- 3-year Sharpe ratio: 0.93 (vs 4.5% risk-free rate)
- Best month: +12.85% (Apr 2026)
- Worst month: −10.20% (Mar 2025)
DWOAX Fund Flows
Monthly money in and out of BNY Mellon Research Growth Fund, Inc., from SEC Form N-PORT.
- 12-month net flow: $4.1M
- 12-month gross sales (incl. reinvestments): $275.6M
- Sales ÷ redemptions: 1.02×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $1.6M | $24.7M | −$23.1M |
| Apr 2026 | $5.3M | $26.7M | −$21.5M |
| Mar 2026 | $2.9M | $18.0M | −$15.1M |
| Feb 2026 | $3.0M | $18.8M | −$15.7M |
| Jan 2026 | $4.4M | $21.4M | −$17.0M |
| Dec 2025 | $156.1M | $34.3M | $121.8M |
| Nov 2025 | $4.2M | $18.3M | −$14.1M |
| Oct 2025 | $2.1M | $19.8M | −$17.7M |
| Sep 2025 | $9.2M | $19.1M | −$9.9M |
| Aug 2025 | $3.7M | $18.9M | −$15.2M |
| Jul 2025 | $3.0M | $21.8M | −$18.8M |
| Jun 2025 | $80.1M | $29.6M | $50.5M |
DWOAX Assets Under Management
Net assets of BNY Mellon Research Growth Fund, Inc. by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.73B |
| 2026-02-28 | $1.60B |
| 2025-11-30 | $1.74B |
| 2025-08-31 | $1.68B |
| 2025-05-31 | $1.56B |
| 2025-02-28 | $1.60B |
| 2024-11-30 | $1.75B |
| 2024-08-31 | $1.61B |
| 2024-05-31 | $1.61B |
| 2024-02-29 | $1.59B |
| 2023-11-30 | $1.43B |
| 2023-08-31 | $1.46B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.