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Financial Professionals

    BNY Mellon International Core Equity Fund

    Why invest in this Fund?

    The fund seeks long-term growth of capital. To pursue this goal, the fund normally invests at least 80% of its assets in equity securities of companies located in the foreign countries represented in the Morgan Stanley Capital Inter-national Europe, Australasia and Far East (EAFE) Index and Canada. The fund's stock investments may include common stocks, preferred stocks and convertible securities. The fund intends to invest in a broad range of countries. The fund may invest up to 20% of its assets in securities of issuers located in emerging market countries, but no more than 5% of its assets may be invested in issuers located in any one emerging market country. The fund invests in stocks that appear to be undervalued (as measured by their price/earnings ratios) and that may have value and/or growth characteristics. The portfolio managers employ a bottom-up investment approach, which emphasizes individual stock selection.

    Min. class investment
    $1,000
    Class Inception Date
    12/08/88
    Class Status
    Not available for purchase by individual investors.
    Fund Assets
    $211,049,060  As of  02/03/23
    Class Assets
    $56,868,212  As of  02/03/23
    Portfolio Turnover Rate
    75.11% As of fiscal year end  09/30/22
    Morningstar Category
    Foreign Large Blend
    Benchmark
    MSCI EAFE® Index
    Morningstar Overall Rating
    Fund Holdings
    79 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 Foreign Large Blend category. Fund ratings are out of 5 Stars: Overall 3 Stars (704 funds rated); 3 Yrs. 2 Stars (704 funds rated); 5 Yrs. 2 Stars (611 funds rated); 10 Yrs. 3 Stars (422 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

    • James A. Lydotes

      James A. Lydotes, CFA

      Deputy CIO, Newton Investment Management North America, LLC

      7 yr(s). on fund


    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 International Core Equity Fund
    DIERX
    21.58 8.80 -4.96 3.56 0.96 4.92 5.56
    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 International Core Equity Fund
    DIERX
    19.89 -15.40 -15.40 -0.14 0.35 4.56 5.32
    MSCI EAFE® Index
    17.34 -14.45 -14.45 0.87 1.54 4.67 -

    The MSCI EAFE Index (Europe, Australasia, Far East) is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of developed markets, excluding the U.S. and Canada. 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  02/01/23 Fee Description Expense Ratio (%)
      Management Fee 0.80%
      Administration Fee 0.10%
      Other Expenses 0.33%
      Acquired Fund Fees & Expenses 0.01%
      Total Expenses 1.24%
      Expenses Reimbursed 0.36%
      Net Expenses 0.88%
      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 February 1, 2024, 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 expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .87%. On or after February 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time. Because "acquired fund fees and expenses" are incurred indirectly by the fund, as a result of its investments in underlying funds, such as fees and expenses are not included in the expense limitation.

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser and administrator is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). BNYM Investment Adviser has engaged its affiliate, Newton Investment Management North America, LLC (Newton), to serve as the fund's sub-investment adviser. James A. Lydotes, CFA is the fund's primary portfolio manager. Mr. Lydotes has been a primary portfolio manager of the fund since November 2015.

      Top Holdings

      As of 12/31/22

      Asset Allocation


          Daily Statistics

          As of 02/03/23 Name NAV Change 03/29/22  12 Month 
          High Nav
          09/27/22  12 Month 
          Low Nav
          YTD Return
          DIERX
          $36.41
          -$0.44
          -1.19%
          $39.22 $28.84 8.98%

          Performance Metrics

          Overall Morningstar Rating


          MORNINGSTAR CATEGORY Foreign Large Blend


          Morningstar Rating™ as of 12/31/22 for the Class I shares; other classes may have different performance characteristics. Overall rating for the Foreign Large Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (704 funds rated); 3 Yrs. 2 Stars (704 funds rated); 5 Yrs. 2 Stars (611 funds rated); 10 Yrs. 3 Stars (422 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
            63 out of 71
          • 3 Year
            47 out of 61
          • 5 Year
            34 out of 58
          • 10 Year
            10 out of 46

          LIPPER CLASSIFICATION International Large-Cap Value


          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
          DIERX
          21.67 0.12 1.08 94.46 0.06

          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
          Sep 30
          Year Dividend ($) Capital Gains ($)
          2022 1.2855 0.0000
          2021 1.2724 3.6376
          2020 0.9556 0.0000
          2019 1.0939 0.0000
          2018 0.7663 0.0000
          2017 0.6752 0.0000
          2016 0.5895 0.0000
          2015 0.3530 0.0000
          2014 0.5110 0.0000
          2013 0.4990 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
          12/23/22 12/27/22 12/27/22 0.0000 1.2855 0.0000 0.0000 0.0000 1.2855 33.39
          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 1.2724 0.0000 0.0000 3.6376 4.9100 -
          12/24/20 12/28/20 12/28/20 0.0000 0.9556 0.0000 0.0000 0.0000 0.9556 -
          12/24/19 12/26/19 12/26/19 0.0000 1.0939 0.0000 0.0000 0.0000 1.0939 -
          12/24/18 12/26/18 12/26/18 0.0000 0.7663 0.0000 0.0000 0.0000 0.7663 -
          12/26/17 12/27/17 12/27/17 0.0000 0.6752 0.0000 0.0000 0.0000 0.6752 -
          12/27/16 12/28/16 12/28/16 0.0000 0.5895 0.0000 0.0000 0.0000 0.5895 -
          12/28/15 12/29/15 12/29/15 0.0000 0.3530 0.0000 0.0000 0.0000 0.3530 -
          12/26/14 12/29/14 12/29/14 0.0000 0.5110 0.0000 0.0000 0.0000 0.5110 -
          12/26/13 12/27/13 12/27/13 0.0000 0.4990 0.0000 0.0000 0.0000 0.4990 -
          12/26/12 12/27/12 12/27/12 0.0000 0.7290 0.0000 0.0000 0.0000 0.7290 -
          12/14/11 12/15/11 12/15/11 0.0000 0.6050 0.0000 0.0000 0.0000 0.6050 -
          12/15/10 12/16/10 12/16/10 0.0000 0.6600 0.0000 0.0000 0.0000 0.6600 -
          12/15/09 12/16/09 12/16/09 0.0000 0.6620 0.0000 0.0000 0.0000 0.6620 -
          12/16/08 12/17/08 12/17/08 0.0000 1.4390 0.0000 0.0000 0.0000 1.4390 -
          12/17/07 12/18/07 12/18/07 0.5758 0.2162 0.4609 0.1731 2.5160 3.9420 -
          12/15/06 12/18/06 12/18/06 0.0000 0.3180 0.0000 0.0600 0.3850 0.7630 -
          12/19/05 12/20/05 12/20/05 0.0061 0.0449 0.0019 0.0138 0.2044 0.2711 -
          12/17/04 12/20/04 12/20/04 0.0000 0.1050 0.0000 0.0027 0.0076 0.1153 -
          12/12/03 12/15/03 12/15/03 0.0000 0.1170 0.0580 0.0000 0.1440 0.3190 -
          See all rows...

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