DLDRX BNY Mellon Natural Resources I Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Schlumberger Limited (NYSE:SLB), Occidental Petroleum Corp (NYSE:OXY), Freeport-McMoran (NYSE:FCX), Hess Corp (NYSE:HES), Transocean Ltd (NYSE:RIG).

The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in stocks of companies in the natural resources and natural resources related sectors. It invests in growth and value stocks and typically will maintain exposure to the major natural resources sectors. The fund may invest in companies of any market capitalization. It may invest in foreign securities, including emerging markets securities, without limitation.

The average market capitalization across the BNY Mellon Natural Resources I MF is 59.23B. The market cap for tickers in the group ranges from 6.52B to 212.03B. SHEL holds the highest valuation in this group at 212.03B. The lowest valued company is RIG at 6.52B.

The average weekly volume growth across all stocks in the BNY Mellon Natural Resources I MF was 16%. For the same stocks of the MF, the average monthly volume growth was 67% and the average quarterly volume growth was 27%