DRLYX

About DRLYX

The BNY Mellon Developed Markets Real Estate Securities Fund Class Y is a mutual fund focused on maximizing total return through a combination of capital appreciation and current income. It primarily invests in a globally diversified portfolio of equity securities issued by real estate companies, real estate investment trusts (REITs), and real estate operating companies. By targeting both U.S. and non-U.S. developed markets, the fund plays a key role in providing investors with exposure to the real estate sector across multiple countries and property segments, such as commercial, industrial, and residential real estate. The fund is actively managed, holding over 100 securities, with a significant portion allocated to leading REITs and real estate firms. Offering institutional share class features, it is designed for larger-scale investors seeking broad access to developed markets real estate. The fund’s annual income payout, global diversification, and alignment with sustainability efforts—evidenced by zero fossil fuel investments—underscore its relevance for those interested in accessing the global real estate market as part of a diversified portfolio.