Historical Prices

Start Date End Date

BNY Mellon Global Dynamic Bond Income Fund

Why invest in this Fund?

The fund seeks total return (consisting of income and capital appreciation).

Accordingly, the fund normally invests at least 80% of its net assets, plus any borrowings, in bonds and other instruments that provide investment exposure to global bond and currency markets in seeking to produce absolute or real returns across economic cycles.

The fund's portfolio managers employ a dynamic approach in allocating the fund's assets globally, principally among government bonds, emerging market sovereign debt, investment grade and high yield corporate instruments, and currencies.
Min. class investment
$1,000
Class Inception Date
03/25/11
Class Status
Not available for purchase by individual investors.
Fund Assets
$137,997,041  As of  09/18/20
Class Assets
$25,970,089  As of  09/18/20
Portfolio Turnover Rate
83.73%  As of fiscal year end  10/31/19
Morningstar Category
Nontraditional Bond
Benchmark
FTSE One-Month U.S. Treasury Bill Index
Morningstar Overall Rating
Fund Holdings
204  As of  08/31/20
Average Effective Maturity
7.24  yr(s).  As of  08/31/20
Average Effective Duration
5.75  yr(s).  As of  08/31/20

Morningstar Rating™ as of August 31, 2020 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Nontraditional Bond category. Fund ratings are out of 5 Stars: Overall 4 Stars (272 funds rated); 3 Yrs. 5 Stars (272 funds rated); 5 Yrs. 4 Stars (243 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. ©2018 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.


As of  08/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Global Dynamic Bond Income Fund
DGDIX
2.73 4.11 3.66 - 3.48 03/25/11
FTSE One-Month U.S. Treasury Bill Index
1.03 1.59 1.09 0.57 - -
As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Global Dynamic Bond Income Fund
DGDIX
2.48 3.52 3.12 - 3.27 03/25/11
FTSE One-Month U.S. Treasury Bill Index
1.37 1.64 1.09 0.57 - -
As of  08/31/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Global Dynamic Bond Income Fund
DGDIX
2.73 12.83 19.69 - 38.06 03/25/11
FTSE One-Month U.S. Treasury Bill Index
1.03 4.86 5.57 5.80 - -
As of  06/30/20 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Global Dynamic Bond Income Fund
DGDIX
2.48 10.95 16.60 - 34.77 03/25/11
FTSE One-Month U.S. Treasury Bill Index
1.37 5.00 5.55 5.81 - -
The FTSE One-Month U.S.Treasury Bill Index consists of the last one-month Treasury bill month-end rates. The FTSE One-Month U.S. Treasury Bill Index measures return equivalents of yield averages. The instruments are not marked to market. Investors cannot invest directly in any index.

Growth of $10,000 Investment

Historical Performance

    Not available for purchase by individual investors.

    Yearly Total Return

    Fund 2019 2018 2017 2016 2015 2014 2013 2012
    DGDIX
    8.71% 0.83% 3.02% 3.54% -0.86% 2.83% 0.83% 10.27%

    Investment return fluctuates and past performance is no guarantee of future results.


    Prospectus Fee Table Expense Ratios

    As of  02/28/20 Fee Description Expense Ratio (%)
    Management Fee 0.40%
    Other Expenses 0.38%
    Acquired Fund Fees & Expenses 0.03%
    Total Expenses 0.81%
    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 28, 2021, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 0.80%. On or after February 28, 2021 , BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). BNYM Investment Adviser has engaged its affiliate, Newton Investment Management Limited (Newton), to serve as the fund's sub-investment adviser. Paul Brain, Howard Cunningham and Parmeshwar Chadha are the fund's primary portfolio managers. Messrs. Brain and Cunningham have held that position since the fund's inception in 2011, and Mr. Chadha has held that position since December 2016. Mr. Brain is the lead portfolio manager for the fund and is the investment leader of the fixed income team and chairman of the bond/FX strategy group at Newton. Mr. Cunningham is a credit analyst and investment manager and serves as chairman of the credit group at Newton. Mr. Chadha is a fixed income fund manager and the lead manager on all of Newton's high yield positions, as well as a member of Newton's bond/FX and credit strategy group.

    Top Holdings

    As of  08/31/20   Holdings % Portfolio  Weight
    Norway Government Bond, 1.75%, 02/17/2027 3.16
    IShares JP Morgan USD Emerging Markets Bond ETF 2.70
    United States Treasury Note/Bond, 3%, 11/15/2045 2.36
    Australia Government Bond, 3%, 03/21/2047 2.18
    Peruvian Government International Bond, 6.95%, 08/12/2031 1.99
    IShares Iboxx $ High Yield Corporate Bond ETF 1.81
    Malaysia Government, 3.828%, 07/05/2034 1.72
    Spain Government Bond, 5.15%, 10/31/2028 1.67
    Canada Housing Trust No 1, 2.1%, 09/15/2029 1.63
    U.S. Treasury Notes, 2.875%, 05/15/2043 1.61

    Asset Allocation


        Daily Statistics

        As of  09/18/20 Name 30-Day Sec Yield 
        (WITHOUT WAIVER)
        30-Day Sec Yield 
        (WITH WAIVER)
        NAV Change 10/04/19  12 Month 
        High Nav
        03/19/20  12 Month 
        Low Nav
        YTD Return
        DGDIX
        2.09% 2.09% $12.50
        -$0.01
        -0.08%
        $12.60 $11.16 3.25%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Nontraditional Bond


        Morningstar Rating™ as of 08/31/20 for the Class I shares; other classes may have different performance characteristics. Overall rating for the Nontraditional Bond. Fund ratings are out of 5 Stars: Overall 4 Stars (603 funds rated); 3 Yrs. 5 Stars (272 funds rated); 5 Yrs. 4 Stars (243 funds rated); 10 Yrs. Stars (88 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
          48 out of 131
        • 3 Year
          10 out of 121
        • 5 Year
          33 out of 102
        • 10 Year
          out of

        LIPPER CLASSIFICATION Alternative Credit Focus Funds


        Lipper Category returns and rankings are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

        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.
        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 highlyvolatile, 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  08/31/20, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DGDIX
        4.57 0.24 0.66 24.26 0.55

        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 ($)
        07/2020 0.0880
        04/2020 0.0850
        12/2019 0.2210
        10/2019 0.0960
        All figures as of month-end. Dividend history does not reflect any capital gains that may have been paid.

        Distributions History

        (Values Listed In $) 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
        DGDIX
        0.0779 0.0101 0.0000 0.0000 0.0000 0.0880 12.37
        Record Date Ex-Dividend Date Payable Date
        DGDIX
        07/31/20 08/03/20 08/03/20
        (Values Listed In $) Distribution Status 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
        DGDIX
        Final 0.2210 0.0000 0.0000 0.0000 0.0000 0.2210 12.29
        Record Date Ex-Dividend Date Payable Date
        DGDIX
        12/27/19 12/30/19 12/30/19