BNY Mellon International Small Cap Fund

Why invest in this Fund?

The fund seeks long-term growth of capital. 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 small cap foreign companies. The fund considers foreign companies to be those companies organized or with their principal place of business, or majority of assets or business, in countries represented in the S&P® Developed Ex-U.S. Small Cap Index, the fund's benchmark.

Min. class investment
$1,000
Class Inception Date
01/30/15
Fund Assets
$635,429,302  As of  12/11/19
Class Assets
$727,809  As of  12/11/19
Portfolio Turnover Rate
71.34%  As of fiscal year end  10/31/18
Morningstar Category
Foreign Small/Mid Blend
Benchmark
S&P Developed Ex-U.S. SmallCap Index
Morningstar Overall Rating
Fund Holdings
137  As of  11/30/19

Morningstar Rating™ as of November 30, 2019 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Foreign Small/Mid Blend category. Fund ratings are out of 5 Stars: Overall 4 Stars (93 funds rated); 3 Yrs. 4 Stars (93 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. ©2018 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

  • Yao, Chris

    Chris Yao

    Mellon Investments Corporation

    0 yr(s). on fund

  • Lydotes, James A.

    James A. Lydotes

    Mellon Investments Corporation

    4 yr(s). on fund


Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
As of  11/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon International Small Cap Fund
DYAPX
10.64 9.48 - - 6.25 01/30/15
S&P Developed Ex-U.S. SmallCap Index
11.16 9.68 6.95 7.99 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon International Small Cap Fund
DYAPX
-6.72 5.11 - - 5.30 01/30/15
S&P Developed Ex-U.S. SmallCap Index
-6.91 5.29 5.23 7.18 - -
Click here to see SALES CHARGE  Max Sales Charge:  5.75% Front End Load
As of  11/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon International Small Cap Fund
DYAPX
10.64 31.21 - - 34.00 01/30/15
S&P Developed Ex-U.S. SmallCap Index
11.16 31.95 39.91 115.73 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon International Small Cap Fund
DYAPX
-6.72 16.13 - - 27.28 01/30/15
S&P Developed Ex-U.S. SmallCap Index
-6.91 16.72 29.02 100.11 - -
The S&P Developed Ex-U.S. SmallCap Index comprises the stocks representing the lowest 15% of float-adjusted market cap in each developed country excluding the U.S. It is a subset of the S&P Global BMI, a comprehensive, rules-based index measuring global stock market performance.

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 2018 2017 2016
    DYAPX
    -20.22% 33.98% -1.85%

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


    Prospectus Fee Table Expense Ratios

    As of  03/01/19 Fee Description Expense Ratio (%)
    Management Fee 1.00%
    Service Fee 0.25%
    Other Expenses 0.22%
    Total Expenses 1.47%
    Expenses Reimbursed 0.07%
    Net Expenses 1.40%
    The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until March 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 1.15%. On or after March 1, 2020, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation at this 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., and the fund's sub-adviser is Mellon Investments Corporation (Mellon), an affiliate of BNY Mellon Investment Adviser, Inc. The fund is managed by a team of portfolio managers who are members of the Global Equity team at Mellon. The team members who are jointly and primarily responsible for managing the fund's portfolio are James A. Lydotes and Chris Yao, CFA. Messrs. Lydotes and Yao have been primary portfolio managers of the fund since January 2015 and December 2019, respectively. Mr. Lydotes is a managing director, portfolio manager and senior research analyst for the Global Equity team at Mellon. Mr. Yao is head of Equity Quantitative research at Mellon.

    Top Holdings

    As of  11/30/19   Holdings % Portfolio  Weight
    Unipol Gruppo SpA 1.65
    Britvic 1.63
    Eiffage SA 1.61
    En-Japan 1.55
    Stroeer SE & Co 1.54
    Signify 1.50
    Teleperformance 1.42
    Matsumotokiyoshi Holdings 1.39
    Severn Trent 1.39
    Mapletree Logistics Trust 1.31

    Asset Allocation


        Daily Statistics

        As of  12/11/19 Name NAV Change 12/06/19  12 Month 
        High Nav
        01/03/19  12 Month 
        Low Nav
        YTD Return
        DYAPX
        $14.34
        $0.02
        0.14%
        $14.38 $11.71 20.95%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Foreign Small/Mid Blend


        Morningstar Rating™ as of 11/30/19 for the Class A shares; other classes may have different performance characteristics. Overall rating for the Foreign Small/Mid Blend. Fund ratings are out of 5 Stars: Overall 4 Stars (212 funds rated); 3 Yrs. 4 Stars (93 funds rated); 5 Yrs. Stars (67 funds rated); 10 Yrs. Stars (52 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
          139 out of 221
        • 3 Year
          104 out of 181
        • 5 Year
          out of
        • 10 Year
          out of

        LIPPER CLASSIFICATION International Small/Mid-Cap Growth


        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. Small and midsized company stocks tend to be more volatile and less liquid than larger company stocks as these companies are less established and have more volatile earnings histories.

        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.

        Risk Metrics

        As of  11/30/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DYAPX
        13.20 -0.44 1.11 91.61 0.62

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Oct 31
        Year Dividend ($) Capital Gains ($)
        2018 0.1883 1.4689
        2017 0.2533 0.0067
        2016 0.1920 0.0000
        2015 0.0687 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

        (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
        DYAPX
        0.0789 0.1094 0.1340 0.1857 1.1492 1.6572 11.71
        Record Date Ex-Dividend Date Payable Date
        DYAPX
        12/19/18 12/20/18 12/20/18
        (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
        DYAPX
        Estimated 0.2127 0.0000 0.0000 0.0000 0.0000 0.2127 -
        Record Date Ex-Dividend Date Payable Date
        DYAPX
        12/19/19 12/20/19 12/20/19