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Financial Professionals

    BNY Mellon Global Emerging Markets Fund

    Why invest in this Fund?

    The fund seeks long-term capital appreciation. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks and other equity securities of companies organized or with their principal place of business, or majority of assets or business, in emerging market countries. The fund considers emerging market countries to be all countries represented in the MSCI Emerging Markets Index. Newton Investment Management (North America) Limited ("Newton") employs a fundamental bottom-up investment process that emphasizes quality, return on capital employed and governance. The process of identifying investment ideas begins by identifying a core list of investment themes. These themes are based primarily on observable global economic, industrial, or social trends that Newton believes will positively affect certain sectors or industries and cause stocks within these sectors or industries to outperform others.

    Min. class investment
    $1,000
    Class Inception Date
    02/03/14
    Class Status
    Not available for purchase by individual investors.
    Fund Assets
    $440,173,818  As of  02/03/23
    Class Assets
    $268,436,072  As of  02/03/23
    Portfolio Turnover Rate
    47.66% As of fiscal year end  10/31/22
    Morningstar Category
    Diversified Emerging Markets
    Benchmark
    MSCI Emerging Markets Index
    Morningstar Overall Rating
    Fund Holdings
    52 As of 12/31/22

    Morningstar Rating™ as of December 31, 2022 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Diversified Emerging Markets category. Fund ratings are out of 5 Stars: Overall 5 Stars (732 funds rated); 3 Yrs. 5 Stars (732 funds rated); 5 Yrs. 5 Stars (650 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

    • Paul  Birchenough

      Paul Birchenough

      Co-Lead Portfolio Manager, Newton Investment Management Limited

      2 yr(s). on fund

    • Ian  Smith

      Ian Smith

      Co-Lead Portfolio Manager, Newton Investment Management Limited

      2 yr(s). on fund

    • Alex Khosla

      Alex Khosla

      Portfolio Manager, Newton Investment Management Limited

      Since September 2022


    Total Returns

    Average Annual
    As of 01/31/23
    Name 3 MO
    01/31/23
    YTD
    01/31/23
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Global Emerging Markets Fund
    DGIEX
    18.44 8.00 -12.08 8.09 3.03 - 7.07
    Average Annual
    As of 12/31/22
    Name 3 MO
    12/31/22
    YTD
    12/31/22
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Global Emerging Markets Fund
    DGIEX
    9.03 -23.34 -23.34 5.64 2.11 - 6.22
    MSCI Emerging Markets Index
    9.70 -20.09 -20.09 -2.69 -1.40 1.44 -

    The MSCI Emerging Markets Index is a free float-adjusted market capitalization-weighted index that is designed to measure equity market performance of emerging markets. Reflects reinvestment of net dividends and, where applicable, capital gain distributions. Investors cannot invest directly in any index.

    Growth of $10,000 Investment

    Historical Performance

      Not available for purchase by individual investors.

      Yearly Total Return

      Investment return fluctuates and past performance is no guarantee of future results.


      Prospectus Fee Table Expense Ratios

      As of  03/01/22 Fee Description Expense Ratio (%)
      Management Fee 0.75%
      Other Expenses 0.24%
      Total Expenses 0.99%
      Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
      The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until March 1, 2023, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the fund's classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 1.00%. On or after March 1, 2023, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). BNYM Investment Adviser has engaged its affiliate, Newton Investment Management Limited (NIM), to serve as the fund's sub-adviser. Paul Birchenough, Alex Khosla and Ian Smith are the fund's primary portfolio managers, positions they have held since December 2020, September 2022 and December 2020, respectively. Messrs. Birchenough and Smith are the co-lead portfolio managers of the fund. Messrs. Birchenough, Khosla and Smith are investment managers on the emerging markets equities team at NIM.

      Top Holdings

      As of 12/31/22

      Asset Allocation


          Daily Statistics

          As of 02/03/23 Name NAV Change 04/04/22  12 Month 
          High Nav
          10/24/22  12 Month 
          Low Nav
          YTD Return
          DGIEX
          $20.27
          -$0.20
          -0.98%
          $21.87 $16.74 8.11%

          Performance Metrics

          Overall Morningstar Rating


          MORNINGSTAR CATEGORY Diversified Emerging Markets


          Morningstar Rating™ as of 12/31/22 for the Class I shares; other classes may have different performance characteristics. Overall rating for the Diversified Emerging Markets. Fund ratings are out of 5 Stars: Overall 5 Stars (732 funds rated); 3 Yrs. 5 Stars (732 funds rated); 5 Yrs. 5 Stars (650 funds rated); 10 Yrs. Stars (394 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.

          Lipper Rankings

          • 1 Year
            457 out of 777
          • 3 Year
            17 out of 695
          • 5 Year
            43 out of 612
          • 10 Year
            out of

          LIPPER CLASSIFICATION


          Lipper Category returns and rankings are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

          Main Risks

          Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.
          Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currencyexchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
          Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

          Risk Metrics

          As of  12/31/22  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DGIEX
          22.74 6.12 0.97 68.86 0.32

          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

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Oct 31
          Year Dividend ($) Capital Gains ($)
          2022 0.0470 0.0000
          2021 0.0000 1.6519
          2020 0.0815 0.0000
          2019 0.3959 0.0000
          2018 0.1870 0.0000
          2017 0.2282 0.0000
          2016 0.0048 0.0000
          2014 0.0470 0.1204

          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
          12/23/22 12/27/22 12/27/22 0.0000 0.0470 0.0000 0.0000 0.0000 0.0470 18.74
          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
          12/27/21 12/28/21 12/28/21 0.0000 0.0000 0.0000 0.0000 1.6519 1.6519 -
          12/24/20 12/28/20 12/28/20 0.0338 0.0477 0.0000 0.0000 0.0000 0.0815 -
          12/26/19 12/27/19 12/27/19 0.0000 0.3959 0.0000 0.0000 0.0000 0.3959 -
          12/26/18 12/27/18 12/27/18 0.0812 0.1058 0.0000 0.0000 0.0000 0.1870 -
          12/22/17 12/26/17 12/26/17 0.1215 0.1067 0.0000 0.0000 0.0000 0.2282 -
          12/23/16 12/27/16 12/27/16 0.0000 0.0048 0.0000 0.0000 0.0000 0.0048 -
          12/24/14 12/26/14 12/26/14 0.0125 0.0345 0.0321 0.0883 0.0000 0.1674 -

          Literature

          PRODUCT MATERIALS

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          INVESTMENT REPORT Download
          INVESTING IN AN AGE OF UNUSUAL CHANGE Download
          GEO-POLITICS, REGULATION & EMERGING MARKET INVESTING Download
          EMERGING MARKETS CHANGING DRIVERS Download
          CHANGING DRIVERS GEM Download
          QUARTERLY COMMENTARY Download
          PRESENTATION Download

          Factsheet, Prospectus and Reports

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          Factsheet Download
          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Annual Report Download
          Semi Annual Report Download
          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download