Dreyfus Diversified International Fund

Why invest in this Fund?

The fund seeks long-term capital appreciation. To pursue its goal, the fund normally allocates its assets among other mutual funds advised by The Dreyfus Corporation or its affiliates, referred to as underlying funds, that invest primarily in stocks issued by foreign companies. The underlying funds as of the date of the prospectus were Dreyfus International Equity Fund, International Stock Fund, Dreyfus/Newton International Equity Fund, Dreyfus Global Emerging Markets Fund, Dreyfus Emerging Markets Fund, Dreyfus Strategic Beta Emerging Markets Equity Fund and Dreyfus International Small Cap Fund.
Min. class investment
$1,000
Class Inception Date
12/18/07
Fund Assets
$836,928,782  As of  05/31/19
Class Assets
$261,661  As of  05/31/19
Portfolio Turnover Rate
3.66%  As of fiscal year end  10/31/18
Morningstar Category
Foreign Large Blend
Benchmark
MSCI EAFE(r) Index
Morningstar Overall Rating
Fund Holdings
As of  04/30/19

Morningstar Rating™ as of April 30, 2019 for the Class C 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 (618 funds rated); 3 Yrs. 3 Stars (618 funds rated); 5 Yrs. 3 Stars (496 funds rated); 10 Yrs. 2 Stars (365 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

  • Mortimer, Jeffrey M.

    Jeffrey M. Mortimer

    Portfolio Manager

    4 yr(s). on fund

  • Lee-Tsao, Caroline

    Caroline Lee-Tsao

    Portfolio Manager

    1 yr(s). on fund


Click here to see SALES CHARGE  Max Sales Charge:  1.00% CDSC Load
As of  04/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Diversified International Fund
DFPCX
-4.76 6.54 2.23 6.35 1.07 12/18/07
MSCI EAFE(r) Index
-3.22 7.24 2.60 7.95 - -
As of  03/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Diversified International Fund
DFPCX
-5.78 6.04 1.96 7.02 0.85 12/18/07
MSCI EAFE(r) Index
-3.71 7.27 2.33 8.96 - -
Click here to see SALES CHARGE  Max Sales Charge:  1.00% CDSC Load
As of  04/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Diversified International Fund
DFPCX
-4.76 20.94 11.67 85.06 12.79 12/18/07
MSCI EAFE(r) Index
-3.22 23.34 13.70 114.91 - -
As of  03/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Diversified International Fund
DFPCX
-6.72 19.23 10.19 97.04 10.05 12/18/07
MSCI EAFE(r) Index
-3.71 23.44 12.19 135.80 - -
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

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

    Yearly Total Return

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    DFPCX
    -15.73% 26.47% -1.20% -0.91% -5.28% 14.80% 18.58% -15.28% 8.02% 32.80%

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


    Monthly Expense Ratios (Annualized)

    As of  04/30/19 Fee Description Expense Ratio (%)
    12B-1 Fee 0.75%
    Service Fee 0.25%
    Other Expenses 1.96%
    Total Expenses 2.96%
    Expenses Reimbursed 0.91%
    Net Expenses 2.05%

    Redemption Charge

    As of  06/17/19  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  03/01/19 Fee Description Expense Ratio (%)
    12B-1 Fee 0.75%
    Service Fee 0.25%
    Other Expenses 0.34%
    Acquired Fund Fees & Expenses 0.90%
    Total Expenses 2.24%
    Expenses Reimbursed 0.19%
    Net Expenses 2.05%
    The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until March 1, 2020, to assume the expenses of the fund so that the total annual fund and acquired funds (underlying funds) operating 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 1.05%. On or after March 1, 2020, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation at this time.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is The Dreyfus Corporation ("Dreyfus"). Caroline Lee-Tsao and Jeffrey M. Mortimer are the fund's co-primary portfolio managers. Ms. Lee-Tsao and Mr. Mortimer have managed the fund since November 2018 and March 2015, respectively. Ms. Lee-Tsao is the Senior Investment Strategist for BNY Mellon Wealth Management. Mr. Mortimer is the Director of Investment Strategy for BNY Mellon Wealth Management. Ms. Lee-Tsao and Mr. Mortimer also are employees of Dreyfus. BNY Mellon Wealth Management investment professionals manage Dreyfus-managed funds pursuant to a dual-employee arrangement, under Dreyfus' supervision, and apply their firm's proprietary investment process in managing the funds.

    Top Holdings

    As of  04/30/19   Holdings % Portfolio  Weight
    Dreyfus International Equity Fund, Cl. Y 38.23
    International Stock Fund, Cl. Y 25.21
    Dreyfus/Newton International Equity Fund, Cl. Y 24.68
    Dreyfus International Small Cap, Cl. Y 7.15
    Dreyfus Emerging Markets Fund, Cl. Y 4.74

    Asset Allocation


        Daily Statistics

        As of  05/31/19 Name NAV Change 09/26/18  12 Month 
        High Nav
        12/24/18  12 Month 
        Low Nav
        YTD Return
        DFPCX
        $12.16
        -$0.07
        -0.57%
        $13.35 $11.03 8.42%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Foreign Large Blend


        Morningstar Rating™ as of 04/30/19 for the Class C 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 (1479 funds rated); 3 Yrs. 3 Stars (618 funds rated); 5 Yrs. 3 Stars (496 funds rated); 10 Yrs. 2 Stars (365 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
          181 out of 402
        • 3 Year
          210 out of 343
        • 5 Year
          149 out of 255
        • 10 Year
          164 out of 176

        LIPPER CLASSIFICATION International Multi-Cap Core


        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  04/30/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DFPCX
        10.75 -1.29 0.98 92.90 0.52

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Oct 31
        Year Dividend ($) Capital Gains ($)
        2018 0.0627 0.0000
        2017 0.1105 0.0000
        2014 0.1222 0.0000
        2013 0.0787 0.0000
        2012 0.0090 0.0000
        2011 0.1680 0.0000
        2010 0.0472 0.0000
        2009 0.0210 0.1166
        2008 0.1981 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
        DFPCX
        0.0037 0.0590 0.0000 0.0000 0.0000 0.0627 11.28
        Record Date Ex-Dividend Date Payable Date
        DFPCX
        12/28/18 12/31/18 12/31/18
        (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
        DFPCX
        Final 0.0037 0.0590 0.0000 0.0000 0.0000 0.0627 11.28
        Record Date Ex-Dividend Date Payable Date
        DFPCX
        12/28/18 12/31/18 12/31/18