Dreyfus Global Equity Income Fund

  • TICKER DQEIX
  • Fund Code 6177
  • CUSIP 261980577
  • SHARE CLASS

Why invest in this Fund?

The fund seeks total return (consisting of capital appreciation and income). To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. The fund seeks to focus on dividend-paying stocks of companies located in the developed capital markets, such as the United States, Canada, Japan, Australia, Hong Kong and Western Europe.
Min. class investment
$1,000
Class Inception Date
10/18/07
Class Status
Not available for purchase by individual investors.
Fund Assets  (In Thousands)
$445,724,393  As of  02/21/18
Class Assets  (In Thousands)
$292,389,196  As of  02/21/18
Portfolio Turnover Rate
26.35%  As of fiscal year end  10/31/17
Morningstar Category
World Large Stock
Benchmark
FTSE World Index
Morningstar Overall Rating
Fund Holdings
52  As of  01/31/18

Morningstar Rating™ as of January 31, 2018 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the World Large Stock category. Fund ratings are out of 5 Stars: Overall 4 Stars (709 funds rated); 3 Yrs. 3 Stars (709 funds rated); 5 Yrs. 3 Stars (583 funds rated); 10 Yrs. 4 Stars (331 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. ©2017 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  01/31/18 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Global Equity Income Fund
DQEIX
20.84 11.39 9.81 6.65 5.84 10/18/07
FTSE World Index
27.41 12.53 11.84 6.88 - -
As of  12/31/17 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Global Equity Income Fund
DQEIX
18.18 10.23 9.83 5.49 5.51 10/18/07
FTSE World Index
24.09 9.96 11.67 5.45 - -
As of  01/31/18 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Global Equity Income Fund
DQEIX
20.84 38.23 59.69 90.41 79.29 10/18/07
FTSE World Index
27.41 42.51 75.02 94.45 - -
As of  12/31/17 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus Global Equity Income Fund
DQEIX
18.18 33.92 59.82 70.65 72.82 10/18/07
FTSE World Index
24.09 32.96 73.69 70.07 - -

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.

To view the fund’s performance attribution, click here.

The FTSE World Index is a market capitalization-weighted index representing the performance of the large- and mid-cap stocks from the Developed and Advanced Emerging segments of the FTSE Global Equity Index Series.

Growth of $10,000 Investment

Historical Performance

Not available for purchase by individual investors.

Yearly Total Return

Fund 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
DQEIX
18.18% 8.34% 4.60% 1.99% 17.01% 15.71% 2.57% 10.12% 30.86% -37.57%

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


Monthly Expense Ratios (Annualized)

As of  01/31/18 Fee Description Expense Ratio (%)
Management Fee 0.75%
Other Expenses 0.15%
Total Expenses 0.90%

Prospectus Fee Table Expense Ratios

As of  07/27/17 Fee Description Expense Ratio (%)
Management Fee 0.75%
Other Expenses 0.16%
Total Expenses 0.91%

Portfolio Manager/Sub-Investment Advisor

The fund's investment adviser is The Dreyfus Corporation (Dreyfus). Dreyfus has engaged its affiliate, Newton Investment Management (North America) Limited (Newton), to serve as the fund's sub-investment adviser. Nick Clay and Ian Clark are the fund's primary portfolio managers, positions they have held since October 2012 and March 2017, respectively. Messrs. Clay and Clark are investment managers and members of the global equity team at Newton.

Top Holdings

As of  01/31/18   Holdings % Portfolio  Weight
Cisco Systems 4.98
CA 3.72
British American Tobacco 3.64
Maxim Integrated Products 3.40
Diageo 3.31
Ralph Lauren 3.03
Novartis 3.01
Gilead Sciences 2.86
Unilever 2.80
RELX 2.54

Daily Statistics

As of  02/21/18 Name NAV Change 01/26/18  12 Month 
High Nav
03/08/17  12 Month 
Low Nav
YTD Return
DQEIX
$13.07
-$0.06
-0.46%
$13.81 $12.20 -0.23%

Performance Metrics

Main Risks

Derivatives Risk: A small investment in derivatives could have a potentially large impact on the fund's performance. 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.

Emerging Market Risk: Emerging markets tend to be more volatile than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. The fund's concentration in securities of companies in emerging markets could cause the fund's performance to be more volatile than that of more geographically diversified funds.

Equity Risk: Equity funds are subject generally to market, market sector, market liquidity, issuer and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund's prospectus.

Foreign Investment Risk: To the extent the fund invests in foreign securities, its performance will be influenced by political, social and economic factors affecting investments in foreign companies. These special risks include exposure to currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability, and differing auditing and legal standards.

Risk Metrics

As of  01/31/18, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
DQEIX
8.85 5.47 0.54 57.20 1.22

Dividend Schedule

Declared
Quarterly
Distributed
Quarterly
Paid
Quarterly
Fiscal Year End
Oct 31
Year Dividend ($) Capital Gains ($)
2017 0.3786 0.3184
2016 0.3028 0.3782
2015 0.3730 0.5317
2014 0.4965 0.1185
2013 0.3434 0.0000
2012 0.3320 0.0565
2011 0.3820 0.0000
2010 0.3336 0.0000
2009 0.3230 0.0000
2008 0.7220 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
DQEIX
0.0000 0.0000 0.0000 0.0019 0.0204 0.0223 13.11
Record Date Ex-Dividend Date Payable Date
DQEIX
12/27/17 12/28/17 12/28/17
(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
DQEIX
Final 0.0000 0.1626 0.0000 0.0352 0.2609 0.4587 13.05
Record Date Ex-Dividend Date Payable Date
DQEIX
12/14/17 12/15/17 12/15/17