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    BNY Mellon Emerging Markets Fund

    Why invest in this Fund?

    The fund seeks long-term capital growth.

    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.
    Class Inception Date
    07/11/01
    Fund Assets
    $227,067,932  As of  05/22/24
    Class Assets
    $19,057,886  As of  05/22/24
    Portfolio Turnover Rate
    121.64% As of fiscal year end  08/31/23
    Morningstar Category
    Diversified Emerging Markets
    Benchmark
    MSCI Emerging Markets Index
    Fund Holdings
    78 As of 04/30/24

    Portfolio Managers

    • Alex Khosla

      Alex Khosla

      Portfolio Manager, Newton Investment Management Limited

      Managing Fund Since 2022

      Joined Firm in 2022

      Joined Industry in 2011

    • Liliana Castillo Dearth

      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

    Average Annual
    As of 04/30/24
    Name 3 MO
    04/30/24
    YTD
    04/30/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Emerging Markets Fund
    MIEGX
    4.55 -1.08 4.24 -6.72 1.55 2.12 7.03
    MSCI Emerging Markets Index
    7.83 2.83 9.88 -5.69 1.89 2.96 -
    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 Emerging Markets Fund
    MIEGX
    1.17 1.17 5.01 -5.00 2.43 2.40 7.17
    MSCI Emerging Markets Index
    2.37 2.37 8.15 -5.05 2.22 2.95 -

    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

      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%
      The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed to waive receipt of a portion of its management fee in the amount of .25% of the value of the fund's average daily net assets until December 29, 2024. On or after December 29, 2024, BNY Mellon Investment Adviser, Inc. may terminate this waiver agreement at any time.

      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, Newton Investment Management Limited (NIM), to serve as the fund's sub-adviser. NIM has entered into a sub-sub-investment advisory agreement with its affiliate, Newton Investment Management North America, LLC (NIMNA), to enable NIMNA to provide certain advisory services to NIM for the benefit of the fund. Liliana Castillo Dearth and Alex Khosla are the fund's primary portfolio managers, positions they have held since November 2023 and October 2022, respectively. Ms. Dearth is the head of the emerging markets and Asia equities teams at Newton Investment Management Limited (NIM). Mr. Khosla is an investment manager on the emerging markets equities team at NIM.

      Top Holdings

      As of 04/30/24

      Asset Allocation


          Daily Statistics

          As of 05/22/24 Name NAV Change 05/20/24  12 Month 
          High Nav
          10/26/23  12 Month 
          Low Nav
          YTD Return
          MIEGX
          $10.53
          -$0.02
          -0.19%
          $10.66 $9.15 3.03%

          Main Risks

          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.
          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  04/30/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          MIEGX
          18.32 -6.88 1.04 86.12 -0.46

          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

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Aug 31
          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
          12/20/10 12/21/10 12/21/10 0.0000 0.0400 0.0000 0.0000 0.0000 0.0400
          12/21/09 12/22/09 12/22/09 0.0000 0.0600 0.0000 0.0000 0.0000 0.0600
          12/19/08 12/22/08 12/22/08 0.1390 0.2100 0.3958 0.5982 3.3280 4.6710
          12/20/07 12/21/07 12/21/07 0.1044 0.0486 0.9986 0.4644 4.6360 6.2520
          12/21/06 12/22/06 12/22/06 0.0878 0.0640 0.6970 0.5085 6.1126 7.4699
          12/27/05 12/28/05 12/28/05 0.1417 0.2463 0.1932 0.3356 2.4390 3.3558
          12/30/04 12/31/04 12/31/04 0.0554 0.0426 0.4674 0.3589 0.7497 1.6740
          12/29/03 12/30/03 12/30/03 0.0220 0.0600 0.1760 0.0000 0.0540 0.3120
          12/27/02 12/30/02 12/30/02 0.0890 0.0000 0.2420 0.0000 0.0000 0.3690
          12/26/01 12/27/01 12/27/01 0.1800 0.0000 0.3260 0.0000 0.0000 0.5060
          See all rows...

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