BNY Mellon International Core Equity Fund
- TICKER DIEAX
- Fund Code 0720
- CUSIP 09661F107
- SHARE CLASS
-
Literature Download
Why invest in this Fund?
The fund seeks long-term growth of capital. To pursue this goal, the fund normally invests at least 80% of its assets in equity securities of companies located in the foreign countries represented in the Morgan Stanley Capital Inter-national Europe, Australasia and Far East (EAFE) Index and Canada. The fund's stock investments may include common stocks, preferred stocks and convertible securities. The fund intends to invest in a broad range of countries. The fund may invest up to 20% of its assets in securities of issuers located in emerging market countries, but no more than 5% of its assets may be invested in issuers located in any one emerging market country. The fund invests in stocks that appear to be undervalued (as measured by their price/earnings ratios) and that may have value and/or growth characteristics. The portfolio managers employ a bottom-up investment approach, which emphasizes individual stock selection.
Morningstar Rating™ as of February 28, 2023 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 (700 funds rated); 3 Yrs. 3 Stars (700 funds rated); 5 Yrs. 2 Stars (614 funds rated); 10 Yrs. 3 Stars (420 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
-
James A. Lydotes, CFA
Deputy CIO, Newton Investment Management North America, LLC
7 yr(s). on fund
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 Core Equity Fund
DIEAX |
5.44 | 6.89 | -3.58 | 5.55 | 1.40 | 4.62 | 5.32 |
MSCI EAFE® Index
|
5.93 | 5.84 | -3.14 | 6.84 | 2.64 | 4.83 | - |
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 Core Equity Fund
DIEAX |
19.82 | -15.59 | -15.59 | -0.40 | 0.08 | 4.27 | 5.14 |
MSCI EAFE® Index
|
17.34 | -14.45 | -14.45 | 0.87 | 1.54 | 4.67 | - |
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
Historical Performance
Yearly Total Return
Yearly
Prospectus Fee Table Expense Ratios
As of 02/01/23 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.80% |
Service Fee | 0.25% |
Administration Fee | 0.10% |
Other Expenses | 0.34% |
Acquired Fund Fees & Expenses | 0.01% |
Total Expenses | 1.50% |
Expenses Reimbursed | 0.37% |
Net Expenses | 1.13% |
The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until February 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 .87%. On or after February 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time. Because "acquired fund fees and expenses" are incurred indirectly by the fund, as a result of its investments in underlying funds, such as fees and expenses are not included in the expense limitation.
Sales Charge
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 03/24/23 Name | NAV | Change |
04/04/22 12 Month High Nav |
09/27/22 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
DIEAX
|
$34.46 |
-$0.55
-1.57%
|
$37.70 | $28.16 | 5.45% |
Performance Metrics
Overall Morningstar Rating
MORNINGSTAR CATEGORY Foreign Large Blend
Morningstar Rating™ as of 02/28/23 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 (700 funds rated); 3 Yrs.
3 Stars (700 funds rated); 5 Yrs.
2 Stars (614 funds rated); 10 Yrs.
3 Stars (420 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
58 out of 76 -
3 Year
58 out of 61 -
5 Year
47 out of 59 -
10 Year
15 out of 46
LIPPER CLASSIFICATION International Large-Cap Value
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.
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 |
---|---|---|---|---|---|
DIEAX
|
21.65 | 0.24 | 1.08 | 94.11 | 0.31 |
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.
Dividend Schedule
Year | Dividend ($) | Capital Gains ($) |
---|---|---|
2022 | 1.1929 | 0.0000 |
2021 | 1.1525 | 3.6376 |
2020 | 0.8994 | 0.0000 |
2019 | 1.0248 | 0.0000 |
2018 | 0.6972 | 0.0000 |
2017 | 0.6214 | 0.0000 |
2016 | 0.5552 | 0.0000 |
2015 | 0.3200 | 0.0000 |
2014 | 0.4780 | 0.0000 |
2013 | 0.4800 | 0.0000 |
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 | 1.1929 | 0.0000 | 0.0000 | 0.0000 | 1.1929 | 32.66 |
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 | 1.1525 | 0.0000 | 0.0000 | 3.6376 | 4.7901 | - |
12/24/20 | 12/28/20 | 12/28/20 | 0.0000 | 0.8994 | 0.0000 | 0.0000 | 0.0000 | 0.8994 | - |
12/24/19 | 12/26/19 | 12/26/19 | 0.0000 | 1.0248 | 0.0000 | 0.0000 | 0.0000 | 1.0248 | - |
12/24/18 | 12/26/18 | 12/26/18 | 0.0000 | 0.6972 | 0.0000 | 0.0000 | 0.0000 | 0.6972 | - |
12/26/17 | 12/27/17 | 12/27/17 | 0.0000 | 0.6214 | 0.0000 | 0.0000 | 0.0000 | 0.6214 | - |
12/27/16 | 12/28/16 | 12/28/16 | 0.0000 | 0.5552 | 0.0000 | 0.0000 | 0.0000 | 0.5552 | - |
12/28/15 | 12/29/15 | 12/29/15 | 0.0000 | 0.3200 | 0.0000 | 0.0000 | 0.0000 | 0.3200 | - |
12/26/14 | 12/29/14 | 12/29/14 | 0.0000 | 0.4780 | 0.0000 | 0.0000 | 0.0000 | 0.4780 | - |
12/26/13 | 12/27/13 | 12/27/13 | 0.0000 | 0.4800 | 0.0000 | 0.0000 | 0.0000 | 0.4800 | - |
12/26/12 | 12/27/12 | 12/27/12 | 0.0000 | 0.7170 | 0.0000 | 0.0000 | 0.0000 | 0.7170 | - |
12/14/11 | 12/15/11 | 12/15/11 | 0.0000 | 0.4761 | 0.0000 | 0.0000 | 0.0000 | 0.4761 | - |
12/15/10 | 12/16/10 | 12/16/10 | 0.0000 | 0.5854 | 0.0000 | 0.0000 | 0.0000 | 0.5854 | - |
See all rows... |
Literature
Factsheet, Prospectus and Reports
- Download
- Share
- Subscribe
- Order