BNY Mellon International Bond Fund
- TICKER DIBAX
- Fund Code 6091
- CUSIP 05588E868
- SHARE CLASS
-
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Why invest in this Fund?
The fund seeks to maximize total return through capital appreciation and income.
To pursue this goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities.
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 category. Fund ratings are out of 5 Stars: Overall 2 Stars (192 funds rated); 3 Yrs. 2 Stars (192 funds rated); 5 Yrs. 1 Stars (171 funds rated); 10 Yrs. 3 Stars (136 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 International Bond Fund
DIBAX |
0.51 | -0.92 | -15.25 | -6.07 | -4.71 | -1.35 | 2.73 |
Bloomberg Global Aggregate ex USD Index (Unhedged)
|
0.65 | -0.65 | -16.69 | -6.32 | -3.61 | -1.41 | - |
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 International Bond Fund
DIBAX |
8.19 | -17.11 | -17.11 | -5.95 | -3.93 | -1.48 | 2.81 |
Bloomberg Global Aggregate ex USD Index (Unhedged)
|
6.81 | -18.70 | -18.70 | -5.94 | -3.07 | -1.64 | - |
The Bloomberg Global Aggregate ex USD Index (Unhedged) is a flagship measure of global investment-grade debt from 24 local currency markets, excluding U.S. dollar-denominated bonds. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging market issuers. Investors cannot invest directly in any index.
Growth of $10,000 Investment
Historical Performance
Yearly Total Return
Yearly
Prospectus Fee Table Expense Ratios
As of 03/01/23 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.50% |
Service Fee | 0.25% |
Other Expenses | 0.60% |
Total Expenses | 1.35% |
Expenses Reimbursed | 0.33% |
Net Expenses | 1.02% |
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 Class A shares of the fund so that the direct expenses of Class A shares (excluding shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) do not exceed .77%. 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
Asset Allocation
Daily Statistics
As of 03/24/23 Name |
30-Day Sec Yield (WITHOUT WAIVER) |
30-Day Sec Yield (WITH WAIVER) |
NAV | Change |
04/01/22 12 Month High Nav |
10/14/22 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|---|---|
DIBAX
|
2.07% | 2.51% | $12.28 |
-$0.05
-0.41%
|
$13.68 | $10.85 | 2.16% |
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. Currencies are subject to the risk that those currencies will decline in value relative to a local currency, or, in the case of hedged positions, that the local currency will declinerelative to the currency being hedged. Each of these risks could increase the fund's volatility.
The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlyingassets. Derivatives can be highly volatile, 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 |
---|---|---|---|---|---|
DIBAX
|
11.19 | 0.19 | 1.46 | 63.27 | -0.60 |
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 ($) |
---|---|
04/2022 | 0.0600 |
12/2021 | 0.1592 |
10/2021 | 0.0360 |
07/2021 | 0.0150 |
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 |
---|---|---|---|---|---|---|---|---|---|
04/29/22 | 05/02/22 | 05/02/22 | 0.0600 | 0.0000 | - | 0.0000 | 0.0000 | 0.0600 | 12.68 |
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 |
---|---|---|---|---|---|---|---|---|---|
12/20/21 | 12/21/21 | 12/21/21 | 0.1592 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.1592 | - |
10/29/21 | 11/01/21 | 11/01/21 | 0.0360 | 0.0000 | - | 0.0000 | 0.0000 | 0.0360 | - |
07/30/21 | 08/02/21 | 08/02/21 | 0.0150 | 0.0000 | - | 0.0000 | 0.0000 | 0.0150 | - |
04/30/21 | 05/03/21 | 05/03/21 | 0.0245 | 0.0000 | - | 0.0000 | 0.0000 | 0.0245 | - |
12/18/20 | 12/21/20 | 12/21/20 | 0.3460 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.3460 | - |
12/26/18 | 12/27/18 | 12/27/18 | 0.3206 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.3206 | - |
10/31/18 | 11/01/18 | 11/01/18 | 0.0590 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0590 | - |
07/31/18 | 08/01/18 | 08/01/18 | 0.0420 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0420 | - |
04/30/18 | 05/01/18 | 05/01/18 | 0.0490 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0490 | - |
12/27/17 | 12/28/17 | 12/28/17 | 0.4840 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.4840 | - |
10/31/17 | 11/01/17 | 11/01/17 | 0.0760 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0760 | - |
12/28/16 | 12/29/16 | 12/29/16 | 0.0214 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0214 | - |
See all rows... |
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