BNY Mellon Global Fixed Income Fund
- TICKER DHGAX
- Fund Code 6940
- CUSIP 05588D100
- SHARE CLASS
-
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Why invest in this Fund?
Morningstar Rating™ as of February 28, 2023 for the Class A class shares; other classes may have different performance characteristics. Overall rating for the Global Bond-USD Hedged category. Fund ratings are out of 5 Stars: Overall 4 Stars (112 funds rated); 3 Yrs. 4 Stars (112 funds rated); 5 Yrs. 4 Stars (99 funds rated); 10 Yrs. 4 Stars (59 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
-
Brendan Murphy, CFA
Head of Global Fixed Income, North America, Insight North America, LLC
11 yr(s). on fund
-
Scott Zaleski, CFA
Senior Portfolio Manager, Insight North America, LLC
5 yr(s). on fund
-
Nathaniel Hyde, CFA
Portfolio Manager, Insight North America, LLC
Since September 2022
Total Returns
Month End
Average Annual As of 02/28/23 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 02/28/23 |
YTD 02/28/23 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Global Fixed Income Fund
DHGAX |
0.39 | 1.02 | -6.39 | -1.84 | 0.67 | 1.55 | 4.85 |
Bloomberg Global Aggregate Index (Hedged)
|
-0.52 | 0.67 | -7.97 | -3.34 | 0.68 | 1.76 | - |
Quarter End
Average Annual As of 12/31/22 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 12/31/22 |
YTD 12/31/22 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Global Fixed Income Fund
DHGAX |
2.23 | -9.66 | -9.66 | -1.47 | 0.44 | 1.48 | 4.84 |
Bloomberg Global Aggregate Index (Hedged)
|
0.99 | -11.22 | -11.22 | -2.59 | 0.36 | 1.70 | - |
The Bloomberg Global Aggregate Index (Hedged) is a flagship measure of global investment-grade debt from 24 local currency markets. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging market issuers. Currency exposure is hedged to the U.S. dollar. Investors cannot invest directly in any index.
The total return performance figures presented for Class A shares of the fund represent the performance of the fund's Class I for periods prior to December 02, 2009, the inception date for Class A shares, and the performance of Class A, respectively, from that inception date. Performance reflects the applicable class' distribution/servicing fees since the inception date. Had these fees and expenses been reflected for periods prior, performance would have been different.
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
Historical Performance
Yearly Total Return
Yearly
Prospectus Fee Table Expense Ratios
As of 04/29/22 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.40% |
Service Fee | 0.25% |
Administration Fee | 0.01% |
Other Expenses | 0.15% |
Total Expenses | 0.81% |
Sales Charge
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 03/24/23 Name |
30-Day Sec Yield (WITHOUT WAIVER) |
30-Day Sec Yield (WITH WAIVER) |
NAV | Change |
04/04/22 12 Month High Nav |
10/21/22 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|---|---|
DHGAX
|
3.21% | 3.21% | $19.14 |
$0.01
0.05%
|
$20.54 | $18.47 | 2.74% |
Performance Metrics
Overall Morningstar Rating
MORNINGSTAR CATEGORY Global Bond-USD Hedged
Morningstar Rating™ as of 02/28/23 for the Class A shares; other classes may have different performance
characteristics. Overall rating for the Global Bond-USD Hedged. Fund ratings are out of 5 Stars: Overall
4 Stars (112 funds rated); 3 Yrs.
4 Stars (112 funds rated); 5 Yrs.
4 Stars (99 funds rated); 10 Yrs.
4 Stars (59 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
57 out of 238 -
3 Year
50 out of 216 -
5 Year
38 out of 186 -
10 Year
19 out of 146
LIPPER CLASSIFICATION Global Income Funds
Main Risks
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.
High yield bonds involve increased credit and liquidity risk than higher rated bonds and are considered speculative in terms of the issuer's ability to pay interest and repay principal on a timely basis.
The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highlyvolatile, illiquid, and difficult to value and there is the risk that changes in the value of a derivative held by the portfolio will not correlate with the underlying instruments or the portfolio's other investments.
Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.
Risk Metrics
As of 02/28/23 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
DHGAX
|
5.95 | 1.17 | 0.83 | 71.76 | -0.46 |
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 Bloomberg U.S. Aggregate Bond Index.
Dividend Schedule
Month/Year | Dividend ($) |
---|---|
12/2022 | 0.6139 |
09/2022 | 0.1100 |
03/2022 | 0.0000 |
12/2021 | 0.1878 |
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 |
---|---|---|---|---|---|---|---|---|---|
12/20/22 | 12/21/22 | 12/21/22 | 0.6139 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.6139 | 18.77 |
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 |
---|---|---|---|---|---|---|---|---|---|
09/29/22 | 09/30/22 | 09/30/22 | 0.1100 | 0.0000 | - | 0.0000 | 0.0000 | 0.1100 | - |
03/30/22 | 03/31/22 | 03/31/22 | - | 0.0000 | - | 0.0000 | 0.0762 | 0.0762 | - |
12/21/21 | 12/22/21 | 12/22/21 | 0.1878 | 0.0000 | 0.2175 | 0.0000 | 0.4892 | 0.8945 | - |
09/29/21 | 09/30/21 | 09/30/21 | 0.0384 | 0.0000 | - | 0.0000 | 0.0000 | 0.0384 | - |
03/30/21 | 03/31/21 | 03/31/21 | - | 0.0000 | 0.1065 | 0.0000 | 0.1313 | 0.2378 | - |
12/29/20 | 12/30/20 | 12/30/20 | 0.4824 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.4824 | - |
06/29/20 | 06/30/20 | 06/30/20 | 0.0222 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0222 | - |
03/30/20 | 03/31/20 | 03/31/20 | 0.0223 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0223 | - |
12/30/19 | 12/31/19 | 12/31/19 | 0.0893 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0893 | - |
12/28/18 | 12/31/18 | 12/31/18 | 0.5892 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.5892 | - |
09/27/18 | 09/28/18 | 09/28/18 | 0.1700 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.1700 | - |
12/28/17 | 12/29/17 | 12/29/17 | 0.2720 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.2720 | - |
See all rows... |
Literature
PRODUCT MATERIALS
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