Historical Prices

Start Date End Date

BNY Mellon Global Dynamic Bond Income Fund

Overview

Why invest in this Fund?

The fund seeks total return (consisting of income and capital appreciation).

Accordingly, the fund normally invests at least 80% of its net assets, plus any borrowings, in bonds and other instruments that provide investment exposure to global bond and currency markets in seeking to produce absolute or real returns across economic cycles.

The fund's portfolio managers employ a dynamic approach in allocating the fund's assets globally, principally among government bonds, emerging market sovereign debt, investment grade and high yield corporate instruments, and currencies.
Min. class investment
$1,000
Class Inception Date
03/25/11
Fund Assets
$142,458,215  As of  06/18/21
Class Assets
$4,529,716  As of  06/18/21
Portfolio Turnover Rate
94.27%  As of fiscal year end  10/31/20
Morningstar Category
Nontraditional Bond
Benchmark
FTSE One-Month U.S. Treasury Bill Index
Morningstar Overall Rating
Fund Holdings
209  As of  05/31/21
Average Effective Maturity
4.82  yr(s).  As of  05/31/21
Average Effective Duration
3.33  yr(s).  As of  05/31/21

Morningstar Rating™ as of May 31, 2021 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Nontraditional Bond category. Fund ratings are out of 5 Stars: Overall 3 Stars (315 funds rated); 3 Yrs. 4 Stars (315 funds rated); 5 Yrs. 3 Stars (283 funds rated); 10 Yrs. 3 Stars (108 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. ©2021 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

  • Brain, Paul

    Paul Brain

    Team Leader, Global Fixed Income, Newton

    10 yr(s). on fund

  • Chadha, Parmeshwar

    Parmeshwar Chadha

    Portfolio Manager

    5 yr(s). on fund

Performance

Average Annual Returns

Click here to see SALES CHARGE  Max Sales Charge:  4.50% Front End Load

Month End

As of  05/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Global Dynamic Bond Income Fund
DGDAX
 5.34 4.44 3.50 3.16 3.18 03/25/11

Quarter End

As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Global Dynamic Bond Income Fund
DGDAX
 8.98 4.16 3.47 3.15 3.15 03/25/11
FTSE One-Month U.S. Treasury Bill Index
 0.08 1.37 1.09 0.56 - -

Cumulative Returns

Click here to see SALES CHARGE  Max Sales Charge:  4.50% Front End Load

Month End

As of  05/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Global Dynamic Bond Income Fund
DGDAX
 5.34 13.93 18.78 36.53 37.51 03/25/11

Quarter End

As of  03/31/21 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Global Dynamic Bond Income Fund
DGDAX
 8.98 13.01 18.60 36.40 36.40 03/25/11
FTSE One-Month U.S. Treasury Bill Index
 0.08 4.18 5.55 5.77 - -
The FTSE One-Month U.S.Treasury Bill Index consists of the last one-month Treasury bill month-end rates. The FTSE One-Month U.S. Treasury Bill Index measures return equivalents of yield averages. The instruments are not marked to market. Investors cannot invest directly in any index.

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

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

Historical Performance

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

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

    Yearly Total Return

    Yearly

    Fund 2020 2019 2018 2017 2016 2015 2014 2013 2012
    DGDAX
    		 5.66% 8.42% 0.58% 2.75% 3.33% -1.05% 2.54% 0.60% 10.01%

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

    Fees & Expenses

    Prospectus Fee Table Expense Ratios

    As of  03/01/21 Fee Description Expense Ratio (%)
    Management Fee 0.40%
    Service Fee 0.25%
    Other Expenses 4.21%
    Acquired Fund Fees & Expenses 0.03%
    Total Expenses 4.89%
    Expenses Reimbursed 3.81%
    Net Expenses 1.08%
    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, 2022, 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 0.80%. On or after March 1, 2022, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

    Sales Charge

    Investment Amount Sales Charge
    Less than $50,000 4.50%
    Less than $100,000 4.00%
    Less than $250,000 3.00%
    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

    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 (Newton), to serve as the fund's sub-investment adviser. Paul Brain, Howard Cunningham and Parmeshwar Chadha are the fund's primary portfolio managers. Messrs. Brain and Cunningham have held that position since the fund's inception in 2011, and Mr. Chadha has held that position since December 2016. Mr. Brain is the lead portfolio manager for the fund and is the investment leader of the fixed income team and chairman of the bond/FX strategy group at Newton. Mr. Cunningham is a credit analyst and investment manager and serves as chairman of the credit group at Newton. Mr. Chadha is a fixed income fund manager and the lead manager on all of Newton's high yield positions, as well as a member of Newton's bond/FX and credit strategy group.

    Top Holdings

    As of 05/31/21
    Holdings % Portfolio Weight
    Norway Government Bond, 1.75%, 02/17/2027 2.95
    Peruvian Government International Bond, 6.95%, 08/12/2031 1.87
    French Republic Government Bond OAT, 0.1%, 03/01/2025 1.85
    IShares JPMorgan USD Emerging Markets Bond ETF 1.75
    Malaysia Government, 3.828%, 07/05/2034 1.48
    Czech Republic Government Bond, 1.25%, 02/14/2025 1.34
    United Kingdom Gilt Inflation Linked, 0.125%, 03/22/2026 1.28
    Canada Housing Trust No 1, 2.35%, 09/15/2023 1.26
    Asian Development Bank, 2.715%, 01/16/2023 1.24
    Indonesia Treasury Bond, 6.5%, 06/15/2025 1.22

    Asset Allocation

        Stats & Risks

        Daily Statistics

        As of  06/18/21 Name 30-Day Sec Yield 
        (WITHOUT WAIVER)        		 30-Day Sec Yield 
        (WITH WAIVER)        		 NAV Change 12/18/20  12 Month 
        High Nav        		 07/01/20  12 Month 
        Low Nav        		 YTD Return
        DGDAX
        		 -3.24% 1.57% $12.34
        -$0.01
        -0.08%
        		 $12.65 $12.17 -1.12%

        Performance Metrics

        Overall Morningstar Rating

        MORNINGSTAR CATEGORY Nontraditional Bond

        Morningstar Rating™ as of 05/31/21 for the Class A shares; other classes may have different performance characteristics. Overall rating for the Nontraditional Bond. Fund ratings are out of 5 Stars: Overall 3 Stars (315 funds rated); 3 Yrs. 4 Stars (315 funds rated); 5 Yrs. 3 Stars (283 funds rated); 10 Yrs. 3 Stars (108 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
          103 out of 120
        • 3 Year
          43 out of 108
        • 5 Year
          69 out of 102
        • 10 Year
          8 out of 31

        LIPPER CLASSIFICATION Alternative Credit Focus 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  05/31/21, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DGDAX
        		 4.84 0.32 0.77 30.01 0.66
        Distributions

        Dividend Schedule

        Declared
        Qtry (May, Aug, Nov, Dec)
        Distributed
        Qtry (May, Aug, Nov, Dec)
        Paid
        Qtry (May, Aug, Nov, Dec)
        Fiscal Year End
        Oct 31
        Month/Year Dividend ($)
        12/2020 0.1909
        10/2020 0.0810
        07/2020 0.0790
        04/2020 0.0790
        All figures as of month-end. Dividend history does not reflect any capital gains that may have been paid.

        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
        DGDAX
        		 0.1731 0.0178 0.0000 0.0000 0.0000 0.1909 12.44
        Record Date Ex-Dividend Date Payable Date
        DGDAX
        		 12/18/20 12/21/20 12/21/20
        (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
        DGDAX
        		 Final 0.1731 0.0178 0.0000 0.0000 0.0000 0.1909 12.44
        Record Date Ex-Dividend Date Payable Date
        DGDAX
        		 12/18/20 12/21/20 12/21/20
        Literature