Dreyfus International Stock Index Fund

Why invest in this Fund?

The fund seeks to match the performance of the Morgan Stanley Capital International Europe, Australasia, Far East Free Index (the 'Index'). To pursue this goal, the fund generally is fully invested in stocks included in the Index.

The fund attempts to have a correlation between its performance and that of the Index of at least .95, before expenses. A correlation of 1.00 would mean that the fund and the Index were perfectly correlated.

Min. class investment
$2,500
Class Inception Date
06/30/97
Fund Assets
$610,454,691  As of  03/15/19
Class Assets
$360,056,389  As of  03/15/19
Portfolio Turnover Rate
7.48%  As of fiscal year end  10/31/18
Morningstar Category
Foreign Large Blend
Benchmark
MSCI EAFE(r) Index
Morningstar Overall Rating
Fund Holdings
926  As of  02/28/19

Morningstar Rating™ as of February 28, 2019 for the Investor Shares 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 (644 funds rated); 3 Yrs. 3 Stars (644 funds rated); 5 Yrs. 3 Stars (514 funds rated); 10 Yrs. 3 Stars (383 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.

Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.  Past performance is no guarantee of future results.  MBSC Securities Corporation, a registered broker-dealer and FINRA member, is the distributor for the Dreyfus Funds.

Portfolio Managers

  • Durante, Thomas

    Thomas Durante

    Portfolio Manager, Mellon Investments Corporation

    9 yr(s). on fund

  • Brown, Richard A.

    Richard A. Brown

    Portfolio Manager, Mellon Investments Corporation

    12 yr(s). on fund

  • Wong, Karen Q.

    Karen Q. Wong

    CFA, Managing Director, Head of Equity Portfolio Management, Mellon Investments Corporation

    12 yr(s). on fund


As of  02/28/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus International Stock Index Fund
DIISX
-5.96 8.98 1.62 9.10 3.46 06/30/97
MSCI EAFE(r) Index
-6.04 9.32 2.07 9.56 - -
As of  12/31/18 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus International Stock Index Fund
DIISX
-13.92 2.66 0.12 5.77 3.07 06/30/97
MSCI EAFE(r) Index
-13.79 2.87 0.53 6.32 - -
As of  02/28/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus International Stock Index Fund
DIISX
-5.96 29.45 8.34 138.83 108.91 06/30/97
MSCI EAFE(r) Index
-6.04 30.65 10.78 149.17 - -
As of  12/31/18 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus International Stock Index Fund
DIISX
-13.92 8.20 0.58 75.26 91.46 06/30/97
MSCI EAFE(r) Index
-13.79 8.87 2.69 84.52 - -

The performance data quoted represents past performance, which is no guarantee of future results. Yield, share price and investment return fluctuate and an investor’s shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Click above for month-end returns.

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

Past performance is no guarantee of future results. Yield, share price and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted.

Historical Performance

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

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    DIISX
    -13.92% 24.46% 0.98% -1.19% -5.91% 21.12% 17.74% -12.51% 7.31% 30.15%

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


    Monthly Expense Ratios (Annualized)

    As of  02/28/19 Fee Description Expense Ratio (%)
    Management Fee 0.35%
    Service Fee 0.25%
    Total Expenses 0.60%

    This data is annualized. Monthly operating expenses may vary month to month.

    Prospectus Fee Table Expense Ratios

    As of  03/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.35%
    Service Fee 0.25%
    Other Expenses 0.01%
    Total Expenses 0.61%
    Expenses Reimbursed 0.01%
    Net Expenses 0.60%

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is The Dreyfus Corporation (Dreyfus). Thomas J. Durante, Karen Q. Wong and Richard A. Brown are the primary portfolio managers of the fund. Mr. Durante has been a primary portfolio manager of the fund since June 2010. Mr. Durante is a managing director and co-head of equity index portfolio management at Mellon Investments Corporation (Mellon), an affiliate of Dreyfus. Ms. Wong and Mr. Brown have been primary portfolio managers of the fund since April 2007. Ms. Wong is a managing director and head of index portfolio management at Mellon, and Mr. Brown is a managing director and co-head of equity index portfolio management at Mellon. Ms. Wong and Messrs. Durante and Brown are also employees of Dreyfus. Mellon investment professionals manage Dreyfus-managed funds pursuant to a dual-employee arrangement, under Dreyfus' supervision, and apply Mellon's proprietary investment process in managing the funds.

    Top Holdings

    As of  02/28/19   Holdings % Portfolio  Weight
    Nestle 1.99
    Novartis 1.42
    Roche Holding 1.40
    HSBC Holdings 1.16
    Royal Dutch Shell, Cl. A 1.03
    BP 1.02
    Toyota Motor 0.98
    Total 0.98
    AIA Group 0.87
    Royal Dutch Shell, Cl. B 0.84

    Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security. Large concentrations can increase share price volatility.

    Asset Allocation


        Daily Statistics

        As of  03/15/19 Name NAV Change 05/14/18  12 Month 
        High Nav
        12/27/18  12 Month 
        Low Nav
        YTD Return
        DIISX
        $16.60
        $0.15
        0.91%
        $18.31 $14.86 10.45%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Foreign Large Blend


        Morningstar Rating™ as of 02/28/19 for the Investor Shares 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 (1541 funds rated); 3 Yrs. 3 Stars (644 funds rated); 5 Yrs. 3 Stars (514 funds rated); 10 Yrs. 3 Stars (383 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
          138 out of 389
        • 3 Year
          150 out of 339
        • 5 Year
          151 out of 250
        • 10 Year
          84 out of 172

        LIPPER CLASSIFICATION International Large-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

        Past performance is no guarantee of future results. Source: Lipper Inc., Rankings are based on total return and 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 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 uses an indexing strategy. It does not attempt to manage market volatility, use defensive strategies or reduce the effects of any long-term periods of poor stock performance.

        Risk Metrics

        As of  02/28/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DIISX
        10.85 -1.01 0.93 96.08 0.73

        STANDARD DEVIATION - A statistical measure of dispersion around an average which depicts how widely fund returns varied over a certain period of time. A smaller standard deviation statistic indicates less variability of historic returns around a mean.

        ALPHA - A measure of a fund's actual returns compared to its expected performance, as measured by beta. A positive alpha indicates a fund outperformed what its beta would predict.

        BETA - Measures an investment's market-related risk. A beta higher than 1.0 suggests that the fund's expected return will exceeds the market's return; a beta lower than 1.0 suggests that the fund's expected return will lag the market's return.

        R-SQUARED - Reflects the percentage of a fund's movements that can be explained by movements in it's benchmark. An R-squared of 100 indicates fund movements that are perfectly correlated to those of the benchmark.

        SHARPE RATIO - The Sharpe ratio is based on a risk-adjusted measure developed by Nobel Laureate William Sharpe. It is calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the fund's historical risk-adjusted performance.

        Source: Morningstar, Inc.


        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Oct 31
        Year Dividend ($) Capital Gains ($)
        2018 0.4004 0.0000
        2017 0.3887 0.0000
        2016 0.4248 0.0000
        2015 0.3186 0.0000
        2014 0.4340 0.0000
        2013 0.3730 0.1890
        2012 0.3940 0.0000
        2011 0.4392 0.0000
        2010 0.3254 0.0000
        2009 0.3329 0.0844
        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
        DIISX
        0.0000 0.4004 0.0000 0.0000 0.0000 0.4004 14.86
        Record Date Ex-Dividend Date Payable Date
        DIISX
        12/26/18 12/27/18 12/27/18
        (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
        DIISX
        Final 0.0000 0.4004 0.0000 0.0000 0.0000 0.4004 14.86
        Record Date Ex-Dividend Date Payable Date
        DIISX
        12/26/18 12/27/18 12/27/18

        Capital gains, if any, may be short-term, long-term or a combination of both.

        Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

        The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Click here to view standardized total returns and for month-end returns reflecting the fund's current performance.