BNY Mellon Global Emerging Markets Fund
- TICKER DGIEX
- Fund Code 6245
- CUSIP 05588L300
- SHARE CLASS
-
Literature Download
Why invest in this Fund?
Morningstar Rating™ as of August 31, 2023 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Diversified Emerging Markets category. Fund ratings are out of 5 Stars: Overall 4 Stars (718 funds rated); 3 Yrs. 3 Stars (718 funds rated); 5 Yrs. 5 Stars (644 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.
Portfolio Managers
-
Paul Birchenough
Co-Lead Portfolio Manager, Newton Investment Management Limited
2 yr(s). on fund
-
Ian Smith
Co-Lead Portfolio Manager, Newton Investment Management Limited
2 yr(s). on fund
-
Alex Khosla
Portfolio Manager, Newton Investment Management Limited
Since September 2022
Total Returns
Month End
Average Annual As of 08/31/23 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 08/31/23 |
YTD 08/31/23 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Global Emerging Markets Fund
DGIEX |
1.81 | 5.17 | 4.27 | 0.03 | 5.73 | - | 6.33 |
MSCI Emerging Markets Index
|
3.47 | 4.55 | 1.25 | -1.39 | 0.98 | 2.99 | - |
Quarter End
Average Annual As of 06/30/23 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 06/30/23 |
YTD 06/30/23 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Global Emerging Markets Fund
DGIEX |
3.47 | 8.16 | 6.89 | 7.16 | 5.83 | - | 6.77 |
MSCI Emerging Markets Index
|
0.90 | 4.89 | 1.75 | 2.32 | 0.93 | 2.95 | - |
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 Emerging Markets Index is a free float-adjusted market capitalization-weighted index that is designed to measure equity market performance of emerging markets. Reflects reinvestment of net dividends and, where applicable, capital gain distributions. 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
Past performance is no guarantee of future results.
Historical Performance
Not available for purchase by individual investors.
Past performance is no guarantee of future results.
Yearly Total Return
Yearly
Investment return fluctuates and past performance is no guarantee of future results.
Prospectus Fee Table Expense Ratios
As of 03/01/23 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.75% |
Other Expenses | 0.30% |
Total Expenses | 1.05% |
Expenses Reimbursed | 0.05% |
Net Expenses | 1.00% |
The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until March 1, 2024, 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 expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 1.00%. On or after March 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.
Portfolio Manager/Sub-Investment Adviser
Paul Birchenough, Alex Khosla and Ian Smith are the fund's primary portfolio managers, positions they have held since December 2020, September 2022 and December 2020, respectively. Messrs. Birchenough and Smith are the co-lead portfolio managers of the fund. Messrs. Birchenough, Khosla and Smith are investment managers on the emerging markets equities team at NIM.
Asset Allocation
Daily Statistics
As of 09/22/23 Name | NAV | Change |
07/31/23 12 Month High Nav |
10/24/22 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
DGIEX
|
$19.08 |
$0.19
1.01%
|
$21.00 | $16.74 | 1.76% |
Performance Metrics
Overall Morningstar Rating
MORNINGSTAR CATEGORY Diversified Emerging Markets
Morningstar Rating™ as of 08/31/23 for the Class I shares; other classes may have different performance
characteristics. Overall rating for the Diversified Emerging Markets. Fund ratings are out of 5 Stars: Overall
4 Stars (718 funds rated); 3 Yrs.
3 Stars (718 funds rated); 5 Yrs.
5 Stars (644 funds rated); 10 Yrs.
Stars (389 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
378 out of 792 -
3 Year
230 out of 698 -
5 Year
45 out of 623 -
10 Year
out of
LIPPER CLASSIFICATION
Main Risks
Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currencyexchange 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 08/31/23 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
DGIEX
|
18.26 | -3.20 | 0.86 | 64.58 | -0.01 |
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
Year | Dividend ($) | Capital Gains ($) |
---|---|---|
2022 | 0.0470 | 0.0000 |
2021 | 0.0000 | 1.6519 |
2020 | 0.0815 | 0.0000 |
2019 | 0.3959 | 0.0000 |
2018 | 0.1870 | 0.0000 |
2017 | 0.2282 | 0.0000 |
2016 | 0.0048 | 0.0000 |
2014 | 0.0470 | 0.1204 |
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 |
Reinvest NAV |
---|---|---|---|---|---|---|---|---|---|
12/23/22 | 12/27/22 | 12/27/22 | 0.0000 | 0.0470 | 0.0000 | 0.0000 | 0.0000 | 0.0470 | 18.74 |
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 |
Reinvest NAV |
---|---|---|---|---|---|---|---|---|---|
12/27/21 | 12/28/21 | 12/28/21 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 1.6519 | 1.6519 | - |
12/24/20 | 12/28/20 | 12/28/20 | 0.0338 | 0.0477 | 0.0000 | 0.0000 | 0.0000 | 0.0815 | - |
12/26/19 | 12/27/19 | 12/27/19 | 0.0000 | 0.3959 | 0.0000 | 0.0000 | 0.0000 | 0.3959 | - |
12/26/18 | 12/27/18 | 12/27/18 | 0.0812 | 0.1058 | 0.0000 | 0.0000 | 0.0000 | 0.1870 | - |
12/22/17 | 12/26/17 | 12/26/17 | 0.1215 | 0.1067 | 0.0000 | 0.0000 | 0.0000 | 0.2282 | - |
12/23/16 | 12/27/16 | 12/27/16 | 0.0000 | 0.0048 | 0.0000 | 0.0000 | 0.0000 | 0.0048 | - |
12/24/14 | 12/26/14 | 12/26/14 | 0.0125 | 0.0345 | 0.0321 | 0.0883 | 0.0000 | 0.1674 | - |
Literature
PRODUCT MATERIALS
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