Please ensure Javascript is enabled for purposes of website accessibility

    BNY Mellon International Bond Fund

    Overview

    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.

    Min. class investment
    $1,000
    Class Inception Date
    12/30/05
    Fund Assets
    $202,283,457  As of  09/22/23
    Class Assets
    $22,179,751  As of  09/22/23
    Portfolio Turnover Rate
    172.43% As of fiscal year end  10/31/22
    Morningstar Category
    Global Bond
    Benchmark
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    Fund Holdings
    160 As of 08/31/23
    AVERAGE EFFECTIVE MATURITY
    12.22 yr(s).  As of  08/31/23
    AVERAGE EFFECTIVE DURATION
    7.62 yr(s).   As of  08/31/23

    Morningstar Rating™ as of August 31, 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 (182 funds rated); 3 Yrs. 2 Stars (182 funds rated); 5 Yrs. 1 Stars (172 funds rated); 10 Yrs. 2 Stars (132 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

      Brendan Murphy, CFA

      Head of Global Fixed Income, North America, Insight North America, LLC

      12 yr(s). on fund
    • Scott Zaleski

      Scott Zaleski, CFA

      Senior Portfolio Manager, Insight North America, LLC

      5 yr(s). on fund
    • Nathaniel Hyde

      Nathaniel Hyde, CFA

      Portfolio Manager, Insight North America, LLC

      1 yr(s). on fund
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  4.50%  Front End Load

    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 International Bond Fund
    DIBAX
    		-0.50 -0.83 1.36 -6.86 -3.20 -1.09 2.65
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    		-0.46 0.11 0.65 -7.54 -2.66 -1.12 -

    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 International Bond Fund
    DIBAX
    		-1.96 0.17 -0.50 -4.59 -3.33 -0.92 2.74
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    		-2.16 0.83 -1.83 -5.87 -2.65 -0.90 -

    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 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.

    When applicable, returns reflect a contractual expense reduction, without which returns would have been lower. Please see contractual expense reduction information, if any, in the Prospectus Fee Table below.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical Performance

       

      Yearly Total Return

      Yearly

      Fees & Expenses

      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%
      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 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

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). BNYM Investment Adviser has engaged its affiliate, Insight North America LLC (INA), to serve as the fund's sub-adviser. Nathaniel Hyde, CFA, Brendan Murphy, CFA and Scott Zaleski, CFA are the fund's primary portfolio managers, positions they have held since September 2022, May 2011 and February 2018, respectively. Mr. Hyde is a portfolio manager at INA. Mr. Murphy is Head of Global Fixed Income, North America, at INA. Mr. Zaleski is a senior portfolio manager at INA.

      Top Holdings

      Download Total Holdings
      As of 08/31/23

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 09/22/23 Name 30-Day Sec Yield
          (WITHOUT WAIVER)           		30-Day Sec Yield
          (WITH WAIVER)           		NAV Change 02/02/23  12 Month 
          High Nav           		10/14/22  12 Month 
          Low Nav           		YTD Return
          DIBAX
          		3.10% 3.17% $11.62
          -$0.02
          -0.17%
          		$12.55 $10.85 -3.33%

          Yield fluctuates and past performance is no guarantee of future results.

          The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.

          Main Risks

          Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
          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 decline relative 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 underlying assets. 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.

          Risk Metrics

          As of  08/31/23  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DIBAX
          		9.57 0.07 1.39 77.24 -0.90

          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.


          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.

          Distributions

          Dividend Schedule

          Declared
          Qtry (May, Aug, Nov, Dec)
          Distributed
          Qtry (May, Aug, Nov, Dec)
          Paid
          Qtry (May, Aug, Nov, Dec)
          Fiscal Year End
          Oct 31
          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 -
          10/31/16 11/01/16 11/01/16 0.0270 0.0000 0.0000 0.0000 0.0000 0.0270 -
          12/29/15 12/30/15 12/30/15 0.4350 0.0000 0.0000 0.0000 0.0000 0.4350 -
          10/30/15 11/02/15 11/02/15 0.0860 0.0000 0.0000 0.0000 0.0000 0.0860 -
          07/31/15 08/03/15 08/03/15 0.0780 0.0000 0.0000 0.0000 0.0000 0.0780 -
          04/30/15 05/01/15 05/01/15 0.0730 0.0000 0.0000 0.0000 0.0000 0.0730 -
          12/29/14 12/30/14 12/30/14 0.4270 0.0000 0.0000 0.0000 0.0000 0.4270 -
          10/31/14 11/03/14 11/03/14 0.0720 0.0000 0.0000 0.0000 0.0000 0.0720 -
          07/31/14 08/01/14 08/01/14 0.0700 0.0000 0.0000 0.0000 0.0000 0.0700 -
          04/30/14 05/01/14 05/01/14 0.0550 0.0000 0.0000 0.0000 0.0000 0.0550 -
          12/26/13 12/27/13 12/27/13 0.0700 0.0000 0.0000 0.0000 0.0000 0.0700 -
          10/31/13 11/01/13 11/01/13 0.0390 0.0000 0.0000 0.0000 0.0000 0.0390 -
          07/31/13 08/01/13 08/01/13 0.0620 0.0000 0.0000 0.0000 0.0000 0.0620 -
          04/30/13 05/01/13 05/01/13 0.0970 0.0000 0.0000 0.0000 0.0000 0.0970 -
          12/26/12 12/27/12 12/27/12 0.1200 0.0000 0.2180 0.0000 0.0000 0.3380 -
          10/31/12 11/01/12 11/01/12 0.0930 0.0000 0.0000 0.0000 0.0000 0.0930 -
          07/31/12 08/01/12 08/01/12 0.0900 0.0000 0.0000 0.0000 0.0000 0.0900 -
          04/30/12 05/01/12 05/01/12 0.0520 0.0000 0.0000 0.0000 0.0000 0.0520 -
          12/27/11 12/28/11 12/28/11 0.0000 0.0000 0.0356 0.0000 0.1354 0.1710 -
          10/31/11 11/01/11 11/01/11 0.0500 0.0000 0.0000 0.0000 0.0000 0.0500 -
          07/29/11 08/01/11 08/01/11 0.1000 0.0000 0.0000 0.0000 0.0000 0.1000 -
          04/29/11 05/02/11 05/02/11 0.0730 0.0000 0.0000 0.0000 0.0000 0.0730 -
          12/28/10 12/29/10 12/29/10 0.1290 0.0000 0.4009 0.0000 0.1711 0.7010 -
          10/29/10 11/01/10 11/01/10 0.1310 0.0000 0.0000 0.0000 0.0000 0.1310 -
          04/30/10 05/03/10 05/03/10 0.1200 0.0000 0.0000 0.0000 0.0000 0.1200 -
          12/28/09 12/29/09 12/29/09 0.1090 0.0000 0.1399 0.0000 0.0595 0.3084 -
          10/30/09 11/02/09 11/02/09 0.1180 0.0000 0.0000 0.0000 0.0000 0.1180 -
          07/31/09 08/03/09 08/03/09 0.0590 0.0000 0.0000 0.0000 0.0000 0.0590 -
          12/29/08 12/30/08 12/30/08 0.5350 0.0000 0.0000 0.0000 0.0000 0.5350 -
          10/31/08 11/03/08 11/03/08 0.1160 0.0000 0.0000 0.0000 0.0000 0.1160 -
          07/31/08 08/01/08 08/01/08 0.0710 0.0000 0.0000 0.0000 0.0000 0.0710 -
          04/30/08 05/01/08 05/01/08 0.0670 0.0000 0.0000 0.0000 0.0000 0.0670 -
          12/27/07 12/28/07 12/28/07 0.1660 0.0000 0.1876 0.0000 0.1655 0.5191 -
          10/31/07 11/01/07 11/01/07 0.0870 0.0000 0.0000 0.0000 0.0000 0.0870 -
          07/31/07 08/01/07 08/01/07 0.0860 0.0000 0.0000 0.0000 0.0000 0.0860 -
          04/30/07 05/01/07 05/01/07 0.0490 0.0000 0.0000 0.0000 0.0000 0.0490 -
          12/27/06 12/28/06 12/28/06 0.2850 0.0000 0.0041 0.0000 0.0224 0.3115 -
          10/31/06 11/01/06 11/01/06 0.0990 0.0000 0.0000 0.0000 0.0000 0.0990 -
          07/31/06 08/01/06 08/01/06 0.0680 0.0000 0.0000 0.0000 0.0000 0.0680 -
          04/28/06 05/01/06 05/01/06 0.0760 0.0000 0.0000 0.0000 0.0000 0.0760 -
          See all rows...
          Literature

          Literature

          PRODUCT MATERIALS

          • Download
          • Share
          • Subscribe
          • Order
          BNY Mellon International Bond Fund - Investment Report Download
          BNY Mellon International Bond Fund - Presentation Download
          BNY Mellon International Bond Fund - Commentary Download

          Factsheet, Prospectus and Reports

          • Download
          • Share
          • Subscribe
          • Order
          Factsheet Download
          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Annual Report Download
          Semi Annual Report Download
          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download

          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.

          Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.