BNY Mellon International Equity Fund
- TICKER NIEAX
- Fund Code 6916
- CUSIP 05588D845
- SHARE CLASS
-
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Why invest in this Fund?
The fund seeks long-term growth of capital. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks or securities convertible into common stocks (such as convertible preferred stocks, warrants and convertible bonds) of foreign companies and depositary receipts evidencing ownership in such securities. At least 75% of the fund’s net assets will be invested in countries represented in the MSCI EAFE Index.
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 2 Stars (700 funds rated); 3 Yrs. 2 Stars (700 funds rated); 5 Yrs. 2 Stars (614 funds rated); 10 Yrs. 2 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
-
Paul Markham
Portfolio Manager, Newton Investment Management
17 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 Equity Fund
NIEAX |
1.36 | 3.00 | -8.15 | 4.05 | 0.57 | 3.05 | 2.72 |
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 Equity Fund
NIEAX |
17.17 | -19.15 | -19.15 | -0.45 | -0.44 | 3.17 | 2.56 |
MSCI EAFE® Index
|
17.34 | -14.45 | -14.45 | 0.87 | 1.54 | 4.67 | - |
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.
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.
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 March 31, 2008, 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.
Growth of $10,000 Investment
Historical Performance
These figures do not reflect the maximum sales charge which, if included, would reduce return.
Yearly Total Return
Yearly
Investment return fluctuates and past performance is no guarantee of future results.
Prospectus Fee Table Expense Ratios
As of 02/01/23 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 0.75% |
Service Fee | 0.25% |
Other Expenses | 0.16% |
Total Expenses | 1.16% |
Expenses Reimbursed | 0.09% |
Net Expenses | 1.07% |
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 .82%. On or after February 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.
Sales Charge
There is a 1% CDSC for purchases of $1,000,000 and over if redeemed within one year of purchase.
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 03/17/23 Name | NAV | Change |
04/04/22 12 Month High Nav |
10/14/22 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
NIEAX
|
$19.67 |
-$0.16
-0.81%
|
$23.04 | $17.35 | -0.10% |
Main Risks
Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.
Currencies are subject to the risk that thosecurrencies will decline in value relative to a local currency, or, in the case of hedged positions, that the local currency will decline relative to the currency being hedged. Each of these risks could increase the fund's volatility.
Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.
Risk Metrics
As of 02/28/23 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
NIEAX
|
20.95 | -1.22 | 1.05 | 96.19 | 0.24 |
All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is MSCI ACWI ex USA Index.
Dividend Schedule
Year | Dividend ($) | Capital Gains ($) |
---|---|---|
2022 | 0.3462 | 0.3060 |
2021 | 0.8019 | 0.0000 |
2020 | 0.3150 | 0.0000 |
2019 | 0.5004 | 0.0000 |
2018 | 0.3642 | 0.0000 |
2017 | 0.2430 | 0.0000 |
2016 | 0.1815 | 0.0000 |
2015 | 0.1790 | 0.0000 |
2014 | 0.3840 | 0.3528 |
2013 | 0.3070 | 0.0000 |
There is no guarantee that the fund will distribute any level annually. Capital gains may be short-term, long-term, or both.
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 |
---|---|---|---|---|---|---|---|---|---|
12/14/22 | 12/15/22 | 12/15/22 | 0.0000 | 0.3462 | 0.0000 | 0.0000 | 0.3060 | 0.6522 | 19.72 |
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 |
---|---|---|---|---|---|---|---|---|---|
12/15/21 | 12/16/21 | 12/16/21 | 0.2691 | 0.5328 | 0.0000 | 0.0000 | 0.0000 | 0.8019 | - |
12/15/20 | 12/16/20 | 12/16/20 | 0.0000 | 0.3150 | 0.0000 | 0.0000 | 0.0000 | 0.3150 | - |
12/13/19 | 12/16/19 | 12/16/19 | 0.0000 | 0.5004 | 0.0000 | 0.0000 | 0.0000 | 0.5004 | - |
12/13/18 | 12/14/18 | 12/14/18 | 0.0000 | 0.3642 | 0.0000 | 0.0000 | 0.0000 | 0.3642 | - |
12/14/17 | 12/15/17 | 12/15/17 | 0.0000 | 0.2430 | 0.0000 | 0.0000 | 0.0000 | 0.2430 | - |
12/15/16 | 12/16/16 | 12/16/16 | 0.0000 | 0.1815 | 0.0000 | 0.0000 | 0.0000 | 0.1815 | - |
12/15/15 | 12/16/15 | 12/16/15 | 0.0000 | 0.1790 | 0.0000 | 0.0000 | 0.0000 | 0.1790 | - |
12/12/14 | 12/15/14 | 12/15/14 | 0.0339 | 0.3501 | 0.0060 | 0.0625 | 0.2843 | 0.7368 | - |
12/11/13 | 12/12/13 | 12/12/13 | 0.0000 | 0.3070 | 0.0000 | 0.0000 | 0.0000 | 0.3070 | - |
12/12/12 | 12/13/12 | 12/13/12 | 0.0000 | 0.2070 | 0.0000 | 0.0000 | 0.0000 | 0.2070 | - |
12/13/11 | 12/14/11 | 12/14/11 | 0.0000 | 0.2300 | 0.0000 | 0.0132 | 0.2319 | 0.4751 | - |
12/14/10 | 12/15/10 | 12/15/10 | 0.0348 | 0.1312 | 0.0459 | 0.1729 | 0.0434 | 0.4282 | - |
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Literature
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