BNY Mellon International Stock Index Fund

Overview

Why invest in this Fund?

The fund seeks to match the performance of the Morgan Stanley Capital International Europe, Australasia, Far East Free Index (the 'Index'). To pursue this goal, the fund generally is fully invested in stocks included in the Index.

The fund attempts to have a correlation between its performance and that of the Index of at least .95, before expenses. A correlation of 1.00 would mean that the fund and the Index were perfectly correlated.

Min. class investment
$1,000
Class Inception Date
08/31/16
Class Status
Not available for purchase by individual investors.
Fund Assets
$608,281,386  As of  08/23/19
Class Assets
$270,571,092  As of  08/23/19
Portfolio Turnover Rate
7.48%  As of fiscal year end  10/31/18
Morningstar Category
Foreign Large Blend
Benchmark
MSCI EAFE(r) Index
Fund Holdings
927  As of  07/31/19

Portfolio Managers

  • Durante, Thomas

    Thomas Durante

    Portfolio Manager, Mellon Investments Corporation

    9 yr(s). on fund

  • Brown, Richard A.

    Richard A. Brown

    Portfolio Manager, Mellon Investments Corporation

    12 yr(s). on fund

  • Wong, Karen Q.

    Karen Q. Wong

    CFA, Managing Director, Head of Equity Portfolio Management, Mellon Investments Corporation

    12 yr(s). on fund

Performance

Average Annual Returns

Month End

As of  07/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon International Stock Index Fund
DINIX
 -3.55 6.43 2.06 5.37 3.53 08/31/16
MSCI EAFE(r) Index
 -2.60 6.87 2.39 5.84 - -

Quarter End

As of  06/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon International Stock Index Fund
DINIX
 0.89 8.76 1.97 6.51 3.64 08/31/16
MSCI EAFE(r) Index
 1.08 9.11 2.25 6.90 - -

Cumulative Returns

Month End

As of  07/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon International Stock Index Fund
DINIX
 -3.55 20.54 10.74 68.73 115.15 08/31/16
MSCI EAFE(r) Index
 -2.60 22.05 12.54 76.33 - -

Quarter End

As of  06/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon International Stock Index Fund
DINIX
 0.89 28.66 10.25 87.97 119.77 08/31/16
MSCI EAFE(r) Index
 1.08 29.88 11.75 94.91 - -
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 I shares of the fund represent the performance of the fund's Investor Shares for periods prior to August 31, 2016, the inception date for Class I shares, and the performance of Class I, 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. 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

Historical Performance

    Not available for purchase by individual investors.

    Yearly Total Return

    Yearly

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    DINIX
    		 -13.67% 24.71% 1.14% -1.19% -5.91% 21.12% 17.74% -12.51% 7.31% 30.15%

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

    Fees & Expenses

    Monthly Expense Ratios (Annualized)

    As of  07/31/19 Fee Description Expense Ratio (%)
    Management Fee 0.35%
    Other Expenses 0.01%
    Total Expenses 0.36%
    Expenses Reimbursed 0.01%
    Net Expenses 0.35%

    Prospectus Fee Table Expense Ratios

    As of  03/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.35%
    Other Expenses 0.01%
    Total Expenses 0.36%
    Expenses Reimbursed 0.01%
    Net Expenses 0.35%
    BNY Mellon Investment Adviser, Inc. has agreed in its management agreement with the fund to: (1) pay all of the fund's expenses, except management fees, shareholder services plan fees and certain other expenses, including the fees and expenses of the non-interested board members and the fees and expenses of counsel to the fund and to the non-interested board members, and (2) reduce its fee pursuant to the management agreement in an amount equal to the fund's allocable portion of the fees and expenses of the non-interested board members and the fees and expenses of counsel to the fund and to the non-interested board members (in the amount of .01% for the past fiscal year). These provisions in the management agreement may not be amended without the approval of the fund's shareholders.
    Portfolio

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. Thomas J. Durante, Karen Q. Wong and Richard A. Brown are the primary portfolio managers of the fund. Mr. Durante has been a primary portfolio manager of the fund since June 2010. Mr. Durante is a managing director and cohead of equity index portfolio management at Mellon Investments Corporation (Mellon), an affiliate of BNY Mellon Investment Adviser, Inc. Ms. Wong and Mr. Brown have been primary portfolio managers of the fund since April 2007. Ms. Wong is a managing director and head of index portfolio management at Mellon, and Mr. Brown is a managing director and co-head of equity index portfolio management at Mellon. Mellon investment professionals manage the fund in their capacity as employees of BNY Mellon Investment Adviser, Inc.

    Top Holdings

    As of  07/31/19   Holdings % Portfolio  Weight
    Nestle 2.32
    Novartis 1.42
    Roche Holding 1.34
    HSBC Holdings 1.14
    Toyota Motor 1.05
    Royal Dutch Shell, Cl. A 0.99
    BP 0.95
    Total 0.88
    AIA Group 0.88
    SAP 0.87

    Asset Allocation

        Stats & Risks

        Daily Statistics

        As of  08/23/19 Name NAV Change 09/26/18  12 Month 
        High Nav        		 12/27/18  12 Month 
        Low Nav        		 YTD Return
        DINIX
        		 $16.19
        -$0.15
        -0.92%
        		 $17.91 $14.84 7.86%

        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.

        The fund uses an indexing strategy. It does not attempt to manage market volatility, use defensive strategies or reduce the effects of any long-term periods of poor stock performance.

        Risk Metrics

        As of  07/31/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DINIX
        		 10.91 -0.54 0.96 97.45 0.49
        Distributions

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Oct 31
        Year Dividend ($) Capital Gains ($)
        2018 0.4467 0.0000
        2017 0.4330 0.0000
        2016 0.4579 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

        (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
        DINIX
        		 0.0000 0.4467 0.0000 0.0000 0.0000 0.4467 14.84
        Record Date Ex-Dividend Date Payable Date
        DINIX
        		 12/26/18 12/27/18 12/27/18
        (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
        DINIX
        		 Final 0.0000 0.4467 0.0000 0.0000 0.0000 0.4467 14.84
        Record Date Ex-Dividend Date Payable Date
        DINIX
        		 12/26/18 12/27/18 12/27/18
        Literature