Please ensure Javascript is enabled for purposes of website accessibility

    BNY Mellon International Core Equity Fund

    Overview

    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.

    Min. class investment
    $1,000
    Class Inception Date
    12/08/88
    Fund Assets
    $182,523,733  As of  09/22/23
    Class Assets
    $48,294,719  As of  09/22/23
    Portfolio Turnover Rate
    75.11% As of fiscal year end  09/30/22
    Morningstar Category
    Foreign Large Blend
    Benchmark
    MSCI EAFE® Index
    Fund Holdings
    76 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 Foreign Large Blend category. Fund ratings are out of 5 Stars: Overall 2 Stars (676 funds rated); 3 Yrs. 3 Stars (676 funds rated); 5 Yrs. 2 Stars (617 funds rated); 10 Yrs. 2 Stars (407 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

      James A. Lydotes, CFA

      Deputy CIO, Newton Investment Management North America, LLC

      7 yr(s). on fund
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  5.75%  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 Core Equity Fund
    DIEAX
    		2.93 11.75 21.88 5.10 2.94 4.52 5.38
    MSCI EAFE® Index
    		3.80 10.87 17.92 6.05 4.14 4.93 -

    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 Core Equity Fund
    DIEAX
    		3.10 12.98 19.67 8.21 3.18 4.91 5.44
    MSCI EAFE® Index
    		2.95 11.67 18.77 8.93 4.39 5.41 -

    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 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.


    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

       

      Yearly Total Return

      Yearly

      Fees & Expenses

      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%
      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 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

      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, Newton Investment Management North America, LLC (NIMNA), to serve as the fund's sub-adviser. NIMNA has entered into a sub-sub-investment advisory agreement with its affiliate, Newton Investment Management Limited (NIM), to enable NIM to provide certain advisory services to NIMNA for the benefit of the fund. James A. Lydotes, CFA is the fund's primary portfolio manager. Mr. Lydotes has been a primary portfolio manager of the fund since November 2015. Mr. Lydotes is a managing director and senior portfolio manager for the Global Equity team at NIMNA.

      Top Holdings

      Download Total Holdings
      As of 08/31/23

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 09/22/23 Name NAV Change 07/18/23  12 Month 
          High Nav           		10/12/22  12 Month 
          Low Nav           		YTD Return
          DIEAX
          		$35.89
          -$0.13
          -0.36%
          		$38.09 $28.24 9.82%

          Main Risks

          Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.
          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.

          Risk Metrics

          As of  08/31/23  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DIEAX
          		19.34 1.15 1.09 92.91 0.25

          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.

          Distributions

          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Sep 30
          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 -
          12/15/09 12/16/09 12/16/09 0.0000 0.5400 0.0000 0.0000 0.0000 0.5400 -
          12/16/08 12/17/08 12/17/08 0.0000 1.2440 0.0000 0.0000 0.0000 1.2440 -
          12/17/07 12/18/07 12/18/07 0.4885 0.1835 0.4609 0.1731 2.5160 3.8220 -
          12/15/06 12/18/06 12/18/06 0.0000 0.2830 0.0000 0.0600 0.3850 0.7280 -
          12/19/05 12/20/05 12/20/05 0.0046 0.0334 0.0019 0.0138 0.2044 0.2581 -
          12/17/04 12/20/04 12/20/04 0.0000 0.0670 0.0000 0.0027 0.0076 0.0773 -
          12/12/03 12/15/03 12/15/03 0.0000 0.1150 0.0580 0.0000 0.1440 0.3170 -
          See all rows...
          Literature

          Literature

          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.