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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
    10/02/00
    Fund Assets
    $248,284,917  As of  02/27/24
    Class Assets
    $230,297,212  As of  02/27/24
    Portfolio Turnover Rate
    121.64% As of fiscal year end  08/31/23
    Morningstar Category
    Diversified Emerging Markets
    Benchmark
    MSCI Emerging Markets Index
    Morningstar Overall Rating
    Fund Holdings
    76 As of 01/31/24

    Morningstar Rating™ as of January 31, 2024 for the Class M class shares; other classes may have different performance characteristics. Overall rating for the Diversified Emerging Markets category. Fund ratings are out of 5 Stars: Overall 3 Stars (716 funds rated); 3 Yrs. 3 Stars (716 funds rated); 5 Yrs. 3 Stars (660 funds rated); 10 Yrs. 3 Stars (402 funds rated).

    Portfolio Managers

    • Alex Khosla

      Alex Khosla

      Portfolio Manager, Newton Investment Management Limited

      1 yr(s). on fund

    • Liliana Castillo Dearth

      Liliana Castillo Dearth

      Portfolio Manager, Newton Investment Management Limited

      Since November 2023


    Total Returns

    Average Annual
    As of 01/31/24
    Name 3 MO
    01/31/24
    YTD
    01/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Emerging Markets Fund
    MEMKX
    6.13 -5.26 -4.98 -6.39 1.54 2.57 6.79
    MSCI Emerging Markets Index
    7.01 -4.64 -2.94 -7.50 0.99 2.86 -
    Average Annual
    As of 12/31/23
    Name 3 MO
    12/31/23
    YTD
    12/31/23
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Emerging Markets Fund
    MEMKX
    8.75 9.34 9.34 -3.31 4.48 2.34 7.07
    MSCI Emerging Markets Index
    7.86 9.83 9.83 -5.08 3.68 2.66 -

    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%
      Administration Fee 0.14%
      Other Expenses 0.23%
      Total Expenses 1.52%
      Expenses Reimbursed 0.25%
      Net Expenses 1.27%
      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 01/31/24

      Asset Allocation


          Daily Statistics

          As of 02/27/24 Name NAV Change 07/31/23  12 Month 
          High Nav
          10/26/23  12 Month 
          Low Nav
          YTD Return
          MEMKX
          $9.85
          $0.01
          0.10%
          $10.21 $8.88 -0.41%

          Performance Metrics

          Overall Morningstar Rating


          MORNINGSTAR CATEGORY Diversified Emerging Markets


          Morningstar Rating™ as of 01/31/24 for the Class M shares; other classes may have different performance characteristics. Overall rating for the Diversified Emerging Markets. Fund ratings are out of 5 Stars: Overall 3 Stars (716 funds rated); 3 Yrs. 3 Stars (716 funds rated); 5 Yrs. 3 Stars (660 funds rated); 10 Yrs. 3 Stars (402 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. © 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.

          Lipper Rankings

          • 1 Year
            556 out of 788
          • 3 Year
            279 out of 692
          • 5 Year
            308 out of 636
          • 10 Year
            200 out of 381

          LIPPER CLASSIFICATION


          Lipper Category returns and rankings as of 01/31/24, are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

          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  01/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          MEMKX
          18.12 -7.40 1.04 86.60 -0.42

          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 0.1641 0.0000
          2022 1.2783 0.0000
          2021 0.2709 0.0000
          2020 0.1536 0.0000
          2019 0.1315 0.0000
          2018 0.0751 0.0000
          2017 0.0943 0.0000
          2016 0.0696 0.0000
          2015 0.0745 0.0000
          2014 0.1314 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 0.0043 0.1598 0.0000 0.0000 0.0000 0.1641
          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 0.4259 0.8524 0.0000 0.0000 0.0000 1.2783
          12/14/21 12/15/21 12/15/21 0.0000 0.2709 0.0000 0.0000 0.0000 0.2709
          12/14/20 12/15/20 12/15/20 0.0204 0.1332 0.0000 0.0000 0.0000 0.1536
          12/12/19 12/13/19 12/13/19 0.0000 0.1315 0.0000 0.0000 0.0000 0.1315
          12/12/18 12/13/18 12/13/18 0.0000 0.0751 0.0000 0.0000 0.0000 0.0751
          12/13/17 12/14/17 12/14/17 0.0000 0.0943 0.0000 0.0000 0.0000 0.0943
          12/14/16 12/15/16 12/15/16 0.0000 0.0696 0.0000 0.0000 0.0000 0.0696
          12/15/15 12/16/15 12/16/15 0.0000 0.0745 0.0000 0.0000 0.0000 0.0745
          12/16/14 12/17/14 12/17/14 0.0000 0.1314 0.0000 0.0000 0.0000 0.1314
          12/17/13 12/18/13 12/18/13 0.0000 0.1064 0.0000 0.0000 0.0000 0.1064
          12/18/12 12/19/12 12/19/12 0.0000 0.0984 0.0000 0.0000 0.0000 0.0984
          12/19/11 12/20/11 12/20/11 0.0000 0.1110 0.0000 0.0000 0.3113 0.4223
          12/20/10 12/21/10 12/21/10 0.0000 0.0526 0.0000 0.0000 0.0000 0.0526
          12/21/09 12/22/09 12/22/09 0.0000 0.0755 0.0000 0.0000 0.0000 0.0755
          12/19/08 12/22/08 12/22/08 0.1664 0.2516 0.3958 0.5982 3.3280 4.7400
          12/20/07 12/21/07 12/21/07 0.1420 0.0660 0.9986 0.4644 4.6360 6.3070
          12/21/06 12/22/06 12/22/06 0.1261 0.0920 0.6970 0.5085 6.1126 7.5362
          12/27/05 12/28/05 12/28/05 0.1610 0.2798 0.1932 0.3356 2.4390 3.4086
          12/30/04 12/31/04 12/31/04 0.0679 0.0521 0.4674 0.3589 0.7497 1.6960
          12/29/03 12/30/03 12/30/03 0.0319 0.0871 0.1760 0.0000 0.0540 0.3490
          12/27/02 12/30/02 12/30/02 0.1200 0.0000 0.2420 0.0000 0.0000 0.4000
          12/26/01 12/27/01 12/27/01 0.1900 0.0000 0.3260 0.0000 0.0000 0.5160
          12/12/00 12/13/00 12/13/00 0.0530 0.0000 0.0030 0.0000 0.0000 0.0560
          See all rows...

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