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    BNY Mellon 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 BNY Mellon Investment Adviser, Inc. 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 BNY Mellon International Core Equity Fund, BNY Mellon International Stock Fund, BNY Mellon International Equity Fund, BNY Mellon Global Emerging Markets Fund.
    Min. class investment
    $1,000
    Class Inception Date
    12/18/07
    Fund Assets
    $119,955,271  As of  02/27/24
    Class Assets
    $6,010,709  As of  02/27/24
    Portfolio Turnover Rate
    4.27% As of fiscal year end  10/31/23
    Morningstar Category
    Foreign Large Blend
    Benchmark
    MSCI EAFE® Index
    Morningstar Overall Rating
    Fund Holdings
    3 As of 01/31/24

    Morningstar Rating™ as of January 31, 2024 for the Class A 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 (699 funds rated); 3 Yrs. 2 Stars (699 funds rated); 5 Yrs. 3 Stars (642 funds rated); 10 Yrs. 3 Stars (423 funds rated).

    Portfolio Managers

    • Lisa M Sampson

      Lisa M Sampson

      Portfolio Manager,

      1 yr(s). on fund


    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  5.75%  Front End Load
    Average Annual
    As of 01/31/24
    Name 3 MO
    01/31/24
    YTD
    01/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Diversified International Fund
    DFPAX
    14.27 0.21 7.27 1.45 5.66 4.26 2.62
    MSCI EAFE® Index
    15.75 0.58 10.01 4.59 6.92 4.77 -
    Average Annual
    As of 12/31/23
    Name 3 MO
    12/31/23
    YTD
    12/31/23
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Diversified International Fund
    DFPAX
    10.79 16.40 16.40 1.06 7.01 3.70 2.62
    MSCI EAFE® Index
    10.42 18.24 18.24 4.02 8.16 4.28 -

    The performance data quotes 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.

    Historical Performance

       

      Yearly Total Return


      Prospectus Fee Table Expense Ratios

      As of  03/01/23 Fee Description Expense Ratio (%)
      Service Fee 0.25%
      Other Expenses 0.17%
      Acquired Fund Fees & Expenses 0.88%
      Total Expenses 1.30%
      Net Expenses 1.30%
      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, 2024, to assume the direct expenses of the fund so that the total annual fund operating expenses (including acquired fund (underlying funds) fees and expenses) of none of the fund's classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 1.05%. On or after March 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

      Sales Charge


      Portfolio Manager/Sub-Investment Adviser

      Lisa M. Sampson is the fund's primary portfolio manager responsible for investment allocation decisions. Ms. Sampson has managed the fund since January 2023. Ms. Sampson is an Investment Solutions Manager for BNY Mellon Wealth Management and has been employed by BNY Mellon since 2010. Ms. Sampson has been employed by BNYM Investment Adviser, Inc. since June 2022 and manages the fund in her capacity as an employee of BNYM Investment Adviser, Inc.

      Top Holdings

      As of 01/31/24

      Asset Allocation


          Daily Statistics

          As of 02/27/24 Name NAV Change 12/27/23  12 Month 
          High Nav
          01/17/24  12 Month 
          Low Nav
          YTD Return
          DFPAX
          $9.71
          $0.01
          0.10%
          $11.74 $9.10 3.74%

          Performance Metrics

          Overall Morningstar Rating


          MORNINGSTAR CATEGORY Foreign Large Blend


          Morningstar Rating™ as of 01/31/24 for the Class A 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 (699 funds rated); 3 Yrs. 2 Stars (699 funds rated); 5 Yrs. 3 Stars (642 funds rated); 10 Yrs. 3 Stars (423 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
            118 out of 288
          • 3 Year
            183 out of 271
          • 5 Year
            111 out of 248
          • 10 Year
            88 out of 149

          LIPPER CLASSIFICATION International Multi-Cap Core


          Lipper Category returns and rankings as of 01/31/24, 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  01/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DFPAX
          17.67 0.54 1.04 92.82 0.02

          All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is MSCI ACWI ex USA Index.


          Alpha - Alpha is a measure of a security's or portfolio's excess return.

          Beta - Beta is a measure of a security’s or portfolio’s volatility, or systematic risk.

          R-Squared - R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

          Sharpe Ratio - Sharpe ratio is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.

          Standard Deviation - Standard deviation is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.


          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Oct 31
          Year Dividend ($) Capital Gains ($)
          2023 0.1816 2.1684
          2022 0.2142 1.8706
          2021 0.2827 1.0129
          2020 0.1547 0.0000
          2019 0.2436 0.0021
          2018 0.1775 0.0000
          2017 0.1423 0.0000
          2016 0.1100 0.0000
          2015 0.0861 0.0000
          2014 0.2018 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

          Record Date Ex-Dividend Date Payable Date Ordinary 
          Non-Qualified 
          Dividends
          Qualified 
          Dividends
          Non-Qualified 
          Short-Term 
          Capital Gain
          Qualified 
          Short-Term 
          Capital Gain
          Long-Term 
          Capital Gain
          Total 
          Distribution
          12/28/23 12/29/23 12/29/23 0.0000 0.1816 0.0000 0.0000 2.1684 2.3500
          Record Date Ex-Dividend Date Payable Date Ordinary 
          Non-Qualified 
          Dividends
          Qualified 
          Dividends
          Non-Qualified 
          Short-Term 
          Capital Gain
          Qualified 
          Short-Term 
          Capital Gain
          Long-Term 
          Capital Gain
          Total 
          Distribution
          12/29/22 12/30/22 12/30/22 0.0094 0.2048 0.0000 0.0000 1.8706 2.0848
          12/30/21 12/31/21 12/31/21 0.0579 0.2248 0.0000 0.0000 1.0129 1.2956
          12/30/20 12/31/20 12/31/20 0.0000 0.1547 0.0000 0.0000 0.0000 0.1547
          12/30/19 12/31/19 12/31/19 0.0000 0.2436 0.0000 0.0000 0.0021 0.2457
          12/28/18 12/31/18 12/31/18 0.0105 0.1670 0.0000 0.0000 0.0000 0.1775
          12/28/17 12/29/17 12/29/17 0.0000 0.1423 0.0000 0.0000 0.0000 0.1423
          12/29/16 12/30/16 12/30/16 0.0000 0.1100 0.0000 0.0000 0.0000 0.1100
          12/30/15 12/31/15 12/31/15 0.0000 0.0861 0.0000 0.0000 0.0000 0.0861
          12/30/14 12/31/14 12/31/14 0.0000 0.2018 0.0000 0.0000 0.0000 0.2018
          12/30/13 12/31/13 12/31/13 0.0000 0.1443 0.0000 0.0000 0.0000 0.1443
          12/28/12 12/31/12 12/31/12 0.0321 0.1189 0.0000 0.0000 0.0000 0.1510
          12/29/11 12/30/11 12/30/11 0.0000 0.1770 0.0000 0.0000 0.0000 0.1770
          12/30/10 12/31/10 12/31/10 0.0348 0.1010 0.0000 0.0000 0.0000 0.1358
          12/30/09 12/31/09 12/31/09 0.0523 0.0707 0.0496 0.0670 0.0000 0.2396
          12/30/08 12/31/08 12/31/08 0.0292 0.2261 0.0000 0.0000 0.0000 0.2553
          See all rows...

          Literature

          Factsheet, Prospectus and Reports

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

          This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

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