Historical Prices

Start Date End Date

BNY Mellon Japan Womenomics Fund

Why invest in this Fund?

The fund seeks long-term capital growth. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies listed or principally traded on a recognized stock exchange in Japan that, in the view of the fund's sub-adviser, benefit from the "Womenomics" initiative in Japan. This initiative seeks to enhance economic growth through the general economic empowerment of women and includes efforts to ease barriers to female employment outside the home, promote women to leadership positions, and close the gender pay gap. The fund invests principally in common stocks, and may invest in the stocks of companies with any market capitalization.
Min. class investment
$1,000
Class Inception Date
09/13/18
Fund Assets
$2,518,977  As of  01/24/20
Class Assets
$251,085  As of  01/24/20
Portfolio Turnover Rate
18.81%  As of fiscal year end  07/31/19
Morningstar Category
Japan Stock
Fund Holdings
48  As of  12/31/19

Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Japan Womenomics Fund
DJWAX
19.20 - - - 2.58 09/13/18
As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Japan Womenomics Fund
DJWAX
19.20 - - - 2.58 09/13/18
Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Japan Womenomics Fund
DJWAX
19.20 - - - 3.37 09/13/18
As of  12/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Japan Womenomics Fund
DJWAX
19.20 - - - 3.37 09/13/18

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

    Fund 2019
    DJWAX
    19.20%

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


    Prospectus Fee Table Expense Ratios

    As of  11/29/19 Fee Description Expense Ratio (%)
    Management Fee 0.75%
    Service Fee 0.25%
    Other Expenses 13.51%
    Total Expenses 14.51%
    Expenses Reimbursed 13.26%
    Net Expenses 1.25%
    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 fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until December 1, 2020, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the 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 December 1, 2020, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation at any time.

    Sales Charge

    Investment Amount Sales Charge
    Less than $50,000 5.75%
    Less than $100,000 4.50%
    Less than $250,000 3.50%
    Less than $500,000 2.50%
    Less than $1,000,000 2.00%
    Over $1,000,000 0.00%
    There is a 1% CDSC for purchases of $1,000,000 and over if redeemed within one year of purchase.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. BNY Mellon Investment Adviser, Inc. has engaged its affiliate, BNY Mellon Asset Management Japan Limited (BNYMAM Japan), to serve as the fund's sub-investment adviser. The fund is managed by a team of investment professionals employed by BNYMAM Japan, consisting of Makiko Togari, Miyuki Kashima, Masafumi Oshiden, Kazuya Kurosawa and Yoshihiro Aoyama. Mses. Togari and Kashima and Messers. Oshiden and Kurosawa have managed the fund since the fund's inception in August 2018, and Mr. Aoyama has managed the fund since March 2019. Ms. Togari is the lead portfolio manager of the fund and the Japan Equity Womenomics Strategy at BNYMAM Japan. Ms. Kashima is head of the Japan Equity Investment Division at BNYMAM Japan. Messrs. Oshiden and Kurosawa are investment managers and Mr. Aoyama is an analyst at BNYMAM Japan.

    Top Holdings

    As of  12/31/19   Holdings % Portfolio  Weight
    DAIKIN INDUSTRIES, LTD. 3.44
    Nidec Corporation 3.34
    Penta-Ocean Construction Co., Ltd. 3.31
    Hitachi,Ltd. 3.26
    Santen Pharmaceutical Co., Ltd. 3.09
    Nippon Telegraph And Telephone Corporation 3.07
    AEON Delight Co., Ltd. 3.06
    Nichias Corporation 2.79
    NIPPON GAS Co.,Ltd. 2.73
    I.K Co.,Ltd. 2.71

    Asset Allocation


        Daily Statistics

        As of  01/24/20 Name NAV Change 12/16/19  12 Month 
        High Nav
        08/14/19  12 Month 
        Low Nav
        YTD Return
        DJWAX
        $12.55
        -$0.12
        -0.95%
        $12.98 $10.84 -2.18%

        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 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.

        The fund's performance will be influenced by political, social and economic factors affecting Japan.

        As a result, the fund's performance could be more volatile than that of more geographically diversified mutual funds. The sub-adviser's investment approach may cause the fund to perform differently than mutual funds that invest in equity securities of Japanese companies, but that do not take into consideration the initiative in Japan to promote the general economic empowerment of women when selecting stocks for investment.

        Risk Metrics

        As of  12/31/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DJWAX
        - - - - -

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Jul 31

        Distributions History

        (Values Listed In $) 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
        DJWAX
        0.0000 0.0902 0.0000 0.0000 0.0000 0.0902 12.70
        Record Date Ex-Dividend Date Payable Date
        DJWAX
        12/27/19 12/30/19 12/30/19
        (Values Listed In $) Distribution Status 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
        DJWAX
        Final 0.0000 0.0902 0.0000 0.0000 0.0000 0.0902 12.70
        Record Date Ex-Dividend Date Payable Date
        DJWAX
        12/27/19 12/30/19 12/30/19