DRLAX

About DRLAX

BNY Mellon Developed Markets Real Estate Securities Fund - Class A is a mutual fund that focuses on providing investors exposure to a diversified portfolio of real estate securities from developed markets. Its primary objective is to maximize total return through a combination of capital appreciation and current income. The fund invests at least 80% of its net assets in publicly traded equity securities of real estate companies, including real estate investment trusts (REITs) and real estate operating companies, spanning developed markets in North America, Europe, Asia, and Australia. A hallmark of this fund is its broad geographical and sectoral diversification across the global real estate industry. It holds positions in over 100 companies, with top holdings typically concentrated in prominent sectors such as commercial infrastructure, residential properties, and specialized REITs. The fund is managed using both top-down regional research and bottom-up security selection, leveraging a proprietary relative value model to identify attractive investment opportunities and manage risk. Serving as a gateway for investors seeking participation in the global property markets, BNY Mellon Developed Markets Real Estate Securities Fund - Class A plays a significant role in portfolio diversification and in providing access to global real estate sector returns.