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    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
    $152,249,014  As of  04/18/24
    Class Assets
    $19,894,960  As of  04/18/24
    Portfolio Turnover Rate
    119.74% As of fiscal year end  10/31/23
    Morningstar Category
    Global Bond
    Benchmark
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    Fund Holdings
    211 As of 03/31/24
    AVERAGE EFFECTIVE MATURITY
    9.13 yr(s).  As of  03/31/24
    AVERAGE EFFECTIVE DURATION
    7.29 yr(s).   As of  03/31/24
    Yield To Maturity
    4.03 %  As of 03/31/24

    Yields and Expense Ratio

    30-DAY SEC YIELD
    as of 04/18/24     		ANNUALIZED
    DISTRIBUTION RATE
    as of 03/31/24     		PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of 03/01/24
    Subsidized Unsubsidized Net Gross Contractual
    Fee Waiver End Date
    2.83 2.71 0.00 1.02 1.10 03/01/25

    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.

    Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.

     

     

    Portfolio Turnover Rate - It is a measure of how quickly securities in a fund are either bought or sold by the fund's managers, over a given period of time.

    Average Effective Maturity (AEM) - is a measure of maturity that takes into account the possibility that a bond might be called back by the issuer. For a portfolio of bonds, average effective maturity is the weighted average of the maturities of the underlying bonds.

    Average Effective Duration - It is used to measure the market price sensitivity of the fund’s portfolio holdings to changes in interest-rates. Duration is not a complete measure of bond risk and may not be successful.

    Yield to Maturity (YTM) - is the expected annual rate of return earned on a bond assuming the debt security is held until maturity.

    Portfolio Managers

    • Brendan Murphy

      Brendan Murphy, CFA

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

      Managing Fund Since 2011

      Joined Firm in 2005

      Joined Industry in 1996
    • Scott Zaleski

      Scott Zaleski, CFA

      Senior Portfolio Manager, Insight North America, LLC

      Managing Fund Since 2018

      Joined Firm in 2014

      Joined Industry in 1990
    • Nathaniel Hyde

      Nathaniel Hyde, CFA

      Portfolio Manager, Insight North America, LLC

      Managing Fund Since 2022

      Joined Firm in 2007

      Joined Industry in 2006
    • Adam Whiteley

      Adam Whiteley

      Portfolio Manager, Insight North America, LLC

      Managing Fund Since November 2023

      Joined Firm in 2007

      Joined Industry in 2007
    • Harvey Bradley

      Harvey Bradley

      Portfolio Manager, Insight North America, LLC

      Managing Fund Since November 2023

      Joined Firm in 2012

      Joined Industry in 2012
    Performance

    Total Returns

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

    Month End

    Average Annual
    As of 03/31/24
    Name 3 MO
    03/31/24     		YTD
    03/31/24     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon International Bond Fund
    DIBAX
    		-6.99 -6.99 -3.73 -7.21 -3.35 -1.52 2.52
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    		-3.21 -3.21 -0.71 -6.53 -2.49 -1.38 -

    Quarter End

    Average Annual
    As of 03/31/24
    Name 3 MO
    03/31/24     		YTD
    03/31/24     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon International Bond Fund
    DIBAX
    		-6.99 -6.99 -3.73 -7.21 -3.35 -1.52 2.52
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    		-3.21 -3.21 -0.71 -6.53 -2.49 -1.38 -

    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.

    Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

    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

    Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

    Past performance is no guarantee of future results.

    Historical Performance

      These figures do not reflect the maximum sales charge which, if included, would reduce return.

      Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

      Past performance is no guarantee of future results.

       

      Yearly Total Return

      Yearly

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

      Fees & Expenses

      Prospectus Fee Table Expense Ratios

      As of  03/01/24 Fee Description Expense Ratio (%)
      Management Fee 0.50%
      Service Fee 0.25%
      Other Expenses 0.35%
      Total Expenses 1.10%
      Expenses Reimbursed 0.08%
      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, 2025, to waive receipt of its fees and/or assume the direct expenses of 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, 2025, 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

      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. Brendan Murphy, CFA, Scott Zaleski, CFA, Nathaniel Hyde, CFA, Adam Whiteley, CFA and Harvey Bradley, CFA are the fund's primary portfolio managers. Mr. Murphy is Head of Fixed Income, North America, at INA and has been a primary portfolio manager of the fund since May 2011. Mr. Zaleski is Co-Head of US Multi-Sector Fixed Income at INA and has been a primary portfolio manager of the fund since February 2018. Mr. Hyde is a portfolio manager at INA and has been a primary portfolio manager of the fund since September 2022. Mr. Whiteley is Head of Global Credit at Insight Investment Management (Global) Limited (Insight UK), an affiliate of INA, and has been a primary portfolio manager of the fund since October 2023. Mr. Bradley is a portfolio manager at Insight UK and has been a primary portfolio manager of the fund since October 2023. Messrs. Whiteley and Bradley are treated as "associated persons" of INA under the Investment Advisers Act of 1940, as amended, for purposes of providing investment advice with respect to the fund pursuant to a participating affiliate agreement between INA and Insight UK.

      Top Holdings

      Download Total Holdings
      As of 03/31/24

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 04/18/24 Name NAV Change 12/27/23  12 Month 
          High Nav           		10/04/23  12 Month 
          Low Nav           		YTD Return
          DIBAX
          		$12.07
          -$0.02
          -0.17%
          		$12.74 $11.38 -4.89%

          Past performance is no guarantee of future results.

          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  03/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DIBAX
          		10.46 -1.56 1.31 82.82 -0.81

          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

          All figures as of month-end. Dividend history does not reflect any capital gains that may have been paid

          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
          04/29/22 05/02/22 05/02/22 0.0600 0.0000 - 0.0000 0.0000 0.0600
          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
          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

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          BNY Mellon International Bond Fund - Investment Report Download
          BNY Mellon International Bond Fund - Presentation Download
          BNY Mellon International Bond Fund - Commentary Download
          A World of Opportunity: There Has Never Been A Time Like This For Global Fixed Income Download

          Factsheet, Prospectus and Reports

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          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.