BNY Mellon International Equity Income Fund
- TICKER MLIIX
- Fund Code 6310
- CUSIP 05569M376
- SHARE CLASS
-
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Why invest in this Fund?
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. The fund focuses on dividend-paying stocks of foreign companies, including those in emerging market countries. The fund normally invests substantially all of its assets in the equity securities of issuers located outside the United States and diversifies broadly among developed and emerging market countries. The fund may invest in the stocks of companies of any market capitalization.
The fund’s portfolio managers select stocks through a disciplined investment process using proprietary quantitative computer models that analyze a diverse set of stock characteristics to identify and rank stocks based on earnings quality. Based on this analysis, the portfolio managers generally select from the higher ranked dividend paying securities those stocks that they believe will continue to pay above-average dividends. The portfolio managers will seek to overweight higher dividend-paying stocks, while maintaining country and sector weights generally similar to those of the Morgan Stanley Capital International All Country World Index Ex-U.S., an unmanaged index that measures the equity market performance of developed and emerging market countries, excluding the United States.
Morningstar Rating™ as of May 31, 2023 for the Investor Shares class shares; other classes may have different performance characteristics. Overall rating for the Foreign Large Value category. Fund ratings are out of 5 Stars: Overall 2 Stars (329 funds rated); 3 Yrs. 3 Stars (329 funds rated); 5 Yrs. 2 Stars (307 funds rated); 10 Yrs. 2 Stars (194 funds rated). The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. © Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.
Portfolio Managers
-
Peter Goslin, CFA
Portfolio Manager, Newton Investment Management North America, LLC
7 yr(s). on fund
Total Returns
Month End
Average Annual As of 05/31/23 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 05/31/23 |
YTD 05/31/23 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon International Equity Income Fund
MLIIX |
0.08 | 4.73 | -1.37 | 10.23 | 0.90 | 2.21 | 3.51 |
MSCI ACWI ex USA Index
|
0.43 | 4.77 | -1.41 | 7.23 | 2.22 | 3.83 | - |
Quarter End
Average Annual As of 03/31/23 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 03/31/23 |
YTD 03/31/23 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon International Equity Income Fund
MLIIX |
6.56 | 6.56 | -2.43 | 13.52 | 0.68 | 2.38 | 3.73 |
MSCI ACWI ex USA Index
|
6.87 | 6.87 | -5.07 | 11.80 | 2.47 | 4.17 | - |
The MSCI ACWI ex USA Index captures large- and mid-cap representation across Developed Market (DM) countries (excluding the U.S.) and Emerging Market (EM) countries. Investors cannot invest directly in any index.
Growth of $10,000 Investment
Historical Performance
Yearly Total Return
Yearly
Investment return fluctuates and past performance is no guarantee of future results.
Prospectus Fee Table Expense Ratios
As of 12/30/22 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.85% |
Service Fee | 0.25% |
Administration Fee | 0.13% |
Other Expenses | 0.27% |
Total Expenses | 1.50% |
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 06/07/23 Name | NAV | Change |
05/08/23 12 Month High Nav |
10/12/22 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
MLIIX
|
$12.81 |
-$0.04
-0.31%
|
$13.26 | $10.31 | 7.72% |
Main Risks
The fund?s performance will be influenced by political, social and economic factors affecting investments in foreign issuers. These special risks include exposure to currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political and economic instability and differing auditing and legal standards. The securities of issuers located in emerging markets tend to be more volatile and less liquid than those of issuers in more mature economies.
Please refer to the prospectus for a more complete discussion of the fund's main risks.
Risk Metrics
As of 05/31/23 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
MLIIX
|
17.96 | 2.80 | 1.02 | 93.19 | 0.55 |
All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is MSCI ACWI ex USA Index.
Dividend Schedule
Year | Dividend ($) | Capital Gains ($) |
---|---|---|
2023 | 0.1570 | 0.0000 |
2022 | 0.4949 | 0.0000 |
2021 | 0.5047 | 0.0000 |
2020 | 0.3704 | 0.0000 |
2019 | 0.5513 | 0.0000 |
2018 | 0.5389 | 0.0000 |
2017 | 0.4028 | 0.0000 |
2016 | 0.3034 | 0.0000 |
2015 | 0.3380 | 0.0000 |
2014 | 0.5930 | 0.0000 |
There is no guarantee that the fund will distribute any level annually. Capital gains may be short-term, long-term, or both.
Distributions History
Record Date | Ex-Dividend Date | Payable Date |
Ordinary Non-Qualified Dividends |
Qualified Dividends |
Non-Qualified Short-Term Capital Gain |
Qualified Short-Term Capital Gain |
Long-Term Capital Gain |
Total Distribution |
Reinvest NAV |
---|---|---|---|---|---|---|---|---|---|
05/31/23 | 06/01/23 | 06/01/23 | - | 0.1570 | - | 0.0000 | 0.0000 | 0.1570 | 12.65 |
Record Date | Ex-Dividend Date | Payable Date |
Ordinary Non-Qualified Dividends |
Qualified Dividends |
Non-Qualified Short-Term Capital Gain |
Qualified Short-Term Capital Gain |
Long-Term Capital Gain |
Total Distribution |
Reinvest NAV |
---|---|---|---|---|---|---|---|---|---|
12/20/22 | 12/21/22 | 12/21/22 | 0.0000 | 0.1972 | 0.0000 | 0.0000 | 0.0000 | 0.1972 | - |
08/31/22 | 09/01/22 | 09/01/22 | - | 0.1082 | - | 0.0000 | 0.0000 | 0.1082 | - |
05/31/22 | 06/01/22 | 06/01/22 | - | 0.1803 | - | 0.0000 | 0.0000 | 0.1803 | - |
02/28/22 | 03/01/22 | 03/01/22 | - | 0.0092 | - | 0.0000 | 0.0000 | 0.0092 | - |
12/21/21 | 12/22/21 | 12/22/21 | 0.0000 | 0.2157 | 0.0000 | 0.0000 | 0.0000 | 0.2157 | - |
08/31/21 | 09/01/21 | 09/01/21 | - | 0.1106 | - | 0.0000 | 0.0000 | 0.1106 | - |
05/28/21 | 06/01/21 | 06/01/21 | - | 0.1551 | - | 0.0000 | 0.0000 | 0.1551 | - |
02/26/21 | 03/01/21 | 03/01/21 | - | 0.0233 | - | 0.0000 | 0.0000 | 0.0233 | - |
12/21/20 | 12/22/20 | 12/22/20 | 0.0000 | 0.1070 | 0.0000 | 0.0000 | 0.0000 | 0.1070 | - |
08/31/20 | 09/01/20 | 09/01/20 | 0.0000 | 0.1517 | 0.0000 | 0.0000 | 0.0000 | 0.1517 | - |
05/29/20 | 06/01/20 | 06/01/20 | 0.0000 | 0.1008 | 0.0000 | 0.0000 | 0.0000 | 0.1008 | - |
02/28/20 | 03/02/20 | 03/02/20 | 0.0000 | 0.0109 | 0.0000 | 0.0000 | 0.0000 | 0.0109 | - |
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Literature
Factsheet, Prospectus and Reports
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