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Financial Professionals

    BNY Mellon Global Fixed Income Fund

    Why invest in this Fund?

    The fund seeks to maximize total return while realizing a market level of income consistent with preserving principal and liquidity. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in U.S. dollar and non-U.S. dollar-denominated fixed-income securities of governments and companies located in various countries, including emerging markets. The fund generally invests in eight or more countries, but always invests in at least three countries, one of which may be the United States. The fund may invest up to 25% of its net assets in emerging markets generally and up to 7% of its assets in any single emerging market country.
    Min. class investment
    $1,000
    Class Inception Date
    12/02/09
    Fund Assets
    $1,999,716,872  As of  02/03/23
    Class Assets
    $16,374,279  As of  02/03/23
    Portfolio Turnover Rate
    134.26% As of fiscal year end  12/31/21
    Morningstar Category
    Global Bond-USD Hedged
    Benchmark
    Bloomberg Global Aggregate Index (Hedged)
    Morningstar Overall Rating
    Fund Holdings
    178 As of 12/31/22
    AVERAGE EFFECTIVE MATURITY
    9.70 yr(s).  As of  12/31/22
    AVERAGE EFFECTIVE DURATION
    6.46 yr(s).   As of  12/31/22

    Morningstar Rating™ as of December 31, 2022 for the Class C class shares; other classes may have different performance characteristics. Overall rating for the Global Bond-USD Hedged category. Fund ratings are out of 5 Stars: Overall 3 Stars (112 funds rated); 3 Yrs. 4 Stars (112 funds rated); 5 Yrs. 3 Stars (98 funds rated); 10 Yrs. 3 Stars (59 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

    • Brendan Murphy

      Brendan Murphy, CFA

      Head of Global Fixed Income, North America, Insight North America, LLC

      11 yr(s). on fund

    • Scott  Zaleski

      Scott Zaleski, CFA

      Senior Portfolio Manager, Insight North America, LLC

      4 yr(s). on fund

    • Nathaniel  Hyde

      Nathaniel Hyde, CFA

      Portfolio Manager, Insight North America, LLC

      Since September 2022


    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  1.00%  CDSC Load
    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 Fixed Income Fund
    DHGCX
    3.64 1.43 -7.69 -1.95 0.08 0.99 4.57
    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 Fixed Income Fund
    DHGCX
    1.05 -11.18 -11.18 -2.21 -0.31 0.73 4.49
    Bloomberg Global Aggregate Index (Hedged)
    0.99 -11.22 -11.22 -2.59 0.36 1.70 -

    The Bloomberg Global Aggregate Index (Hedged) is a flagship measure of global investment-grade debt from 24 local currency markets. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging market issuers. Currency exposure is hedged to the U.S. dollar. Investors cannot invest directly in any index.

    The total return performance figures presented for Class C shares of the fund represent the performance of the fund's Class I for periods prior to December 02, 2009, the inception date for Class C shares, and the performance of Class C, respectively, from that inception date. Performance reflects the applicable class' distribution/servicing fees since the inception date. Had these fees and expenses been reflected for periods prior, performance would have been different.


    Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

    Growth of $10,000 Investment

    Historical Performance

      These figures do not reflect the maximum sales charge which, if included, would reduce return.

      Yearly Total Return

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


      Redemption Charge

      As of    REDEMPTION YEAR CDSC
      Year  1 1.00

      Class C shares are subject to a contingent deferred sales charge (CDSC) imposed on Class C shares redeemed within one year of purchase.

      Prospectus Fee Table Expense Ratios

      As of  04/29/22 Fee Description Expense Ratio (%)
      Management Fee 0.40%
      12B-1 Fee 0.75%
      Service Fee 0.25%
      Administration Fee 0.01%
      Other Expenses 0.13%
      Total Expenses 1.54%
      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.

      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, Insight North America LLC (INA), to serve as the fund's sub-adviser. Nathaniel Hyde, CFA, Brendan Murphy, CFA and Scott Zaleski, CFA are the fund's primary portfolio managers, positions they have held since September 2022, May 2011 and February 2018, respectively. Mr. Hyde is a portfolio manager at INA. Mr. Murphy is Head of Global Fixed Income, North America, at INA. Mr. Zaleski is a senior portfolio manager at INA.

      Top Holdings

      As of 12/31/22

      Asset Allocation


          Daily Statistics

          As of 02/03/23 Name 30-Day Sec Yield
          (WITHOUT WAIVER)
          30-Day Sec Yield
          (WITH WAIVER)
          NAV Change 03/01/22  12 Month 
          High Nav
          10/21/22  12 Month 
          Low Nav
          YTD Return
          DHGCX
          2.28% 2.28% $18.60
          -$0.06
          -0.32%
          $20.55 $17.94 2.82%

          Performance Metrics

          Overall Morningstar Rating


          MORNINGSTAR CATEGORY Global Bond-USD Hedged


          Morningstar Rating™ as of 12/31/22 for the Class C shares; other classes may have different performance characteristics. Overall rating for the Global Bond-USD Hedged. Fund ratings are out of 5 Stars: Overall 3 Stars (112 funds rated); 3 Yrs. 4 Stars (112 funds rated); 5 Yrs. 3 Stars (98 funds rated); 10 Yrs. 3 Stars (59 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
            51 out of 243
          • 3 Year
            60 out of 221
          • 5 Year
            71 out of 188
          • 10 Year
            48 out of 147

          LIPPER CLASSIFICATION Global Income Funds


          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

          Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
          Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange 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.
          High yield bonds involve increased credit and liquidity risk than higher rated bonds and are considered speculative in terms of the issuer's ability to pay interest and repay principal on a timely basis.
          The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highlyvolatile, illiquid, and difficult to value and there is the risk that changes in the value of a derivative held by the portfolio will not correlate with the underlying instruments or the portfolio's other investments.
          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
          DHGCX
          5.77 -0.10 0.82 69.44 -0.50

          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 Bloomberg U.S. Aggregate Bond Index.


          Dividend Schedule

          Declared
          Quarterly
          Distributed
          Quarterly
          Paid
          Quarterly
          Fiscal Year End
          Dec 31
          Month/Year Dividend ($)
          12/2022 0.5777
          09/2022 0.0710
          03/2022 0.0000
          12/2021 0.1454

          All figures as of month-end. Dividend history does not reflect any capital gains that may have been paid

          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
          12/20/22 12/21/22 12/21/22 0.5777 0.0000 0.0000 0.0000 0.0000 0.5777 18.23
          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
          09/29/22 09/30/22 09/30/22 0.0710 0.0000 - 0.0000 0.0000 0.0710 -
          03/30/22 03/31/22 03/31/22 - 0.0000 - 0.0000 0.0762 0.0762 -
          12/21/21 12/22/21 12/22/21 0.1454 0.0000 0.2175 0.0000 0.4892 0.8521 -
          03/30/21 03/31/21 03/31/21 - 0.0000 0.1065 0.0000 0.1313 0.2378 -
          12/29/20 12/30/20 12/30/20 0.4334 0.0000 0.0000 0.0000 0.0000 0.4334 -
          12/30/19 12/31/19 12/31/19 0.0507 0.0000 0.0000 0.0000 0.0000 0.0507 -
          12/28/18 12/31/18 12/31/18 0.5525 0.0000 0.0000 0.0000 0.0000 0.5525 -
          09/27/18 09/28/18 09/28/18 0.1310 0.0000 0.0000 0.0000 0.0000 0.1310 -
          12/28/17 12/29/17 12/29/17 0.2310 0.0000 0.0000 0.0000 0.0000 0.2310 -
          06/29/17 06/30/17 06/30/17 0.0310 0.0000 0.0000 0.0000 0.0000 0.0310 -
          03/30/17 03/31/17 03/31/17 0.0360 0.0000 0.0000 0.0000 0.1085 0.1445 -
          12/29/16 12/30/16 12/30/16 0.1737 0.0000 0.0607 0.0000 0.0627 0.2971 -
          12/30/15 12/31/15 12/31/15 0.1550 0.0000 0.0000 0.0000 0.0000 0.1550 -
          09/29/15 09/30/15 09/30/15 0.0560 0.0000 0.0000 0.0000 0.0000 0.0560 -
          06/29/15 06/30/15 06/30/15 0.0130 0.0000 0.0000 0.0000 0.0000 0.0130 -
          03/30/15 03/31/15 03/31/15 0.0530 0.0000 0.0308 0.0000 0.0900 0.1738 -
          12/30/14 12/31/14 12/31/14 0.3750 0.0000 0.0843 0.0000 0.2232 0.6825 -
          09/29/14 09/30/14 09/30/14 0.0550 0.0000 0.0000 0.0000 0.0000 0.0550 -
          06/27/14 06/30/14 06/30/14 0.0490 0.0000 0.0000 0.0000 0.0000 0.0490 -
          03/28/14 03/31/14 03/31/14 0.0630 0.0000 0.0000 0.0000 0.0000 0.0630 -
          12/27/13 12/30/13 12/30/13 0.2470 0.0000 0.0000 0.0000 0.0000 0.2470 -
          09/27/13 09/30/13 09/30/13 0.0320 0.0000 0.0000 0.0000 0.0000 0.0320 -
          06/27/13 06/28/13 06/28/13 0.1000 0.0000 0.0000 0.0000 0.0000 0.1000 -
          03/27/13 03/28/13 03/28/13 0.0740 0.0000 0.0232 0.0000 0.0000 0.0972 -
          12/27/12 12/28/12 12/28/12 0.1650 0.0000 0.4261 0.0000 0.0351 0.6262 -
          09/27/12 09/28/12 09/28/12 0.0370 0.0000 0.0000 0.0000 0.0000 0.0370 -
          06/28/12 06/29/12 06/29/12 0.0170 0.0000 0.0000 0.0000 0.0000 0.0170 -
          12/28/11 12/29/11 12/29/11 0.4500 0.0000 0.0000 0.0000 0.0000 0.4500 -
          09/29/11 09/30/11 09/30/11 0.0650 0.0000 0.0000 0.0000 0.0000 0.0650 -
          06/29/11 06/30/11 06/30/11 0.1000 0.0000 0.0000 0.0000 0.0000 0.1000 -
          03/30/11 03/31/11 03/31/11 0.0320 0.0000 0.0000 0.0000 0.0021 0.0341 -
          12/29/10 12/30/10 12/30/10 0.5850 0.0000 0.0000 0.0000 0.0000 0.5850 -
          09/29/10 09/30/10 09/30/10 0.0460 0.0000 0.0000 0.0000 0.0000 0.0460 -
          06/29/10 06/30/10 06/30/10 0.1430 0.0000 0.0000 0.0000 0.0000 0.1430 -
          03/30/10 03/31/10 03/31/10 0.1880 0.0000 0.0000 0.0000 0.0000 0.1880 -
          12/29/09 12/30/09 12/30/09 0.1840 0.0000 0.0000 0.0000 0.0000 0.1840 -
          See all rows...

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