BNY Mellon Emerging Markets Fund
- TICKER MIEGX
- Fund Code 0908
- CUSIP 05569M848
- SHARE CLASS
-
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Why invest in this Fund?
To pursue its goal, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies organized, or with a majority of assets or operations, in countries considered to be emerging markets. Normally, the fund will invest in a broad range of (and in any case at least five different) emerging market countries. The fund may invest in companies of any size.
The fund's cash inflows are invested in equity securities of companies located in the foreign countries represented in the Morgan Stanley Capital International Emerging Markets (Free) Index (the "Index").
The stocks purchased may have value and/or growth characteristics. The portfolio managers employ a bottom-up investment approach which emphasizes individual stock selection. The stock selection process is designed to produce a diversified portfolio that, relative to the MSCI Emerging Markets Index, has a below-average price/earnings ratio and an above-average earnings growth trend.
Portfolio Managers
-
Alex Khosla
Portfolio Manager, Newton Investment Management Limited
Managing Fund Since 2022
Joined Firm in 2022
Joined Industry in 2011
-
Liliana Castillo Dearth
Portfolio Manager, Newton Investment Management Limited
Managing Fund Since November 2023
Joined Firm in November 2023
Joined Industry in 1997
Total Returns
Month End
Average Annual As of 07/31/24 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 07/31/24 |
YTD 07/31/24 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Emerging Markets Fund
MIEGX |
3.36 | 2.25 | 0.68 | -4.71 | 2.69 | 1.59 | 7.11 |
MSCI Emerging Markets Index
|
4.84 | 7.81 | 6.27 | -2.74 | 3.41 | 2.63 | - |
Quarter End
Average Annual As of 06/30/24 |
|||||||
---|---|---|---|---|---|---|---|
Name |
3 MO 06/30/24 |
YTD 06/30/24 |
1 YR | 3 YRS | 5 YRS | 10 YRS | Since Inception |
BNY Mellon Emerging Markets Fund
MIEGX |
1.06 | 2.25 | 4.15 | -6.62 | 2.50 | 1.69 | 7.13 |
MSCI Emerging Markets Index
|
5.00 | 7.49 | 12.55 | -5.07 | 3.10 | 2.79 | - |
The MSCI Emerging Markets Index is a free float-adjusted market capitalization-weighted index that is designed to measure equity market performance of emerging markets. Reflects reinvestment of net dividends and, where applicable, capital gain distributions. Investors cannot invest directly in any index.
Growth of $10,000 Investment
Historical Performance
Yearly Total Return
Yearly
Investment return fluctuates and past performance is no guarantee of future results.
Prospectus Fee Table Expense Ratios
As of 12/29/23 Fee Description | Expense Ratio (%) |
---|---|
Management Fee | 1.15% |
Service Fee | 0.25% |
Administration Fee | 0.14% |
Other Expenses | 0.23% |
Total Expenses | 1.77% |
Expenses Reimbursed | 0.25% |
Net Expenses | 1.52% |
Portfolio Manager/Sub-Investment Adviser
Asset Allocation
Daily Statistics
As of 08/30/24 Name | NAV | Change |
07/12/24 12 Month High Nav |
10/26/23 12 Month Low Nav |
YTD Return |
---|---|---|---|---|---|
MIEGX
|
$10.73 |
$0.07
0.66%
|
$10.89 | $9.15 | 4.99% |
Main Risks
The fund's performance will be influenced by political, social and economic factors affecting investments in foreign issuers. These special risks include exposure to currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political and economic instability and differing auditing and legal standards. Investments denominated in foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar, or, in the case of hedged positions, that the U.S. dollar will decline relative to the currency being hedged.
Emerging markets tend to be more volatile and less liquid than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries.
Please refer to the prospectus for a more complete discussion of the fund's main risks.
Risk Metrics
As of 07/31/24 3-Year Trailing | Standard Deviation | Alpha | Beta | R-Squared | Sharpe Ratio |
---|---|---|---|---|---|
MIEGX
|
18.05 | -6.29 | 1.03 | 86.95 | -0.38 |
All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is MSCI ACWI ex USA Index.
Dividend Schedule
As of
Year | Dividend ($) | Capital Gains ($) |
---|---|---|
2023 | 0.1346 | 0.0000 |
2022 | 1.2459 | 0.0000 |
2021 | 0.2431 | 0.0000 |
2020 | 0.1279 | 0.0000 |
2019 | 0.1074 | 0.0000 |
2018 | 0.0489 | 0.0000 |
2017 | 0.0720 | 0.0000 |
2016 | 0.0500 | 0.0000 |
2015 | 0.0370 | 0.0000 |
2014 | 0.1150 | 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 |
---|---|---|---|---|---|---|---|---|
12/13/23 | 12/14/23 | 12/14/23 | 0.0036 | 0.1310 | 0.0000 | 0.0000 | 0.0000 | 0.1346 |
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 |
---|---|---|---|---|---|---|---|---|
12/13/22 | 12/14/22 | 12/14/22 | 0.4151 | 0.8308 | 0.0000 | 0.0000 | 0.0000 | 1.2459 |
12/14/21 | 12/15/21 | 12/15/21 | 0.0000 | 0.2431 | 0.0000 | 0.0000 | 0.0000 | 0.2431 |
12/14/20 | 12/15/20 | 12/15/20 | 0.0170 | 0.1109 | 0.0000 | 0.0000 | 0.0000 | 0.1279 |
12/12/19 | 12/13/19 | 12/13/19 | 0.0000 | 0.1074 | 0.0000 | 0.0000 | 0.0000 | 0.1074 |
12/12/18 | 12/13/18 | 12/13/18 | 0.0000 | 0.0489 | 0.0000 | 0.0000 | 0.0000 | 0.0489 |
12/13/17 | 12/14/17 | 12/14/17 | 0.0000 | 0.0720 | 0.0000 | 0.0000 | 0.0000 | 0.0720 |
12/14/16 | 12/15/16 | 12/15/16 | 0.0000 | 0.0500 | 0.0000 | 0.0000 | 0.0000 | 0.0500 |
12/15/15 | 12/16/15 | 12/16/15 | 0.0000 | 0.0370 | 0.0000 | 0.0000 | 0.0000 | 0.0370 |
12/16/14 | 12/17/14 | 12/17/14 | 0.0000 | 0.1150 | 0.0000 | 0.0000 | 0.0000 | 0.1150 |
12/17/13 | 12/18/13 | 12/18/13 | 0.0000 | 0.0830 | 0.0000 | 0.0000 | 0.0000 | 0.0830 |
12/18/12 | 12/19/12 | 12/19/12 | 0.0000 | 0.0690 | 0.0000 | 0.0000 | 0.0000 | 0.0690 |
12/19/11 | 12/20/11 | 12/20/11 | 0.0000 | 0.0946 | 0.0000 | 0.0000 | 0.3113 | 0.4059 |
See all rows... |
Literature
Factsheet, Prospectus and Reports
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