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    BNY Mellon International Equity Income Fund

    Overview

    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 focuses on dividend-paying stocks of foreign companies, including those in emerging market countries. The fund normally invests substantially all of its assets in the equity securities of issuers located outside the United States and diversifies broadly among developed and emerging market countries. The fund may invest in the stocks of companies of any market capitalization.

    The fund’s portfolio managers select stocks through a disciplined investment process using proprietary quantitative computer models that analyze a diverse set of stock characteristics to identify and rank stocks based on earnings quality. Based on this analysis, the portfolio managers generally select from the higher ranked dividend paying securities those stocks that they believe will continue to pay above-average dividends. The portfolio managers will seek to overweight higher dividend-paying stocks, while maintaining country and sector weights generally similar to those of the Morgan Stanley Capital International All Country World Index Ex-U.S., an unmanaged index that measures the equity market performance of developed and emerging market countries, excluding the United States.
    Class Inception Date
    12/15/11
    Fund Assets
    $28,062,928  As of  11/29/23
    Class Assets
    $925,263  As of  11/29/23
    Portfolio Turnover Rate
    56.71% As of fiscal year end  08/31/23
    Morningstar Category
    Foreign Large Value
    Benchmark
    MSCI ACWI ex USA Index
    Fund Holdings
    137 As of 10/31/23

    Morningstar Rating™ as of October 31, 2023 for the Investor Shares class shares; other classes may have different performance characteristics. Overall rating for the Foreign Large Value category. Fund ratings are out of 5 Stars: Overall 2 Stars (339 funds rated); 3 Yrs. 3 Stars (339 funds rated); 5 Yrs. 2 Stars (315 funds rated); 10 Yrs. 2 Stars (202 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.

     

    Portfolio Managers

    • Peter Goslin

      Peter Goslin, CFA

      Portfolio Manager, Newton Investment Management North America, LLC

      8 yr(s). on fund
    Performance

    Total Returns

    Month End

    Average Annual
    As of 10/31/23
    Name 3 MO
    10/31/23     		YTD
    10/31/23     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon International Equity Income Fund
    MLIIX
    		-9.04 3.95 16.70 8.80 2.60 1.35 3.32
    MSCI ACWI ex USA Index
    		-11.35 0.99 12.07 3.03 3.46 2.54 -

    Quarter End

    Average Annual
    As of 09/30/23
    Name 3 MO
    09/30/23     		YTD
    09/30/23     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon International Equity Income Fund
    MLIIX
    		-2.41 7.17 26.95 8.66 1.61 1.97 3.61
    MSCI ACWI ex USA Index
    		-3.77 5.34 20.39 3.74 2.58 3.35 -

    The MSCI ACWI ex USA Index captures large- and mid-cap representation across Developed Market (DM) countries (excluding the U.S.) and Emerging Market (EM) countries. Investors cannot invest directly in any index.

    Growth of $10,000 Investment

    Historical Performance

      Yearly Total Return

      Yearly

      Fees & Expenses

      Prospectus Fee Table Expense Ratios

      As of  12/30/22 Fee Description Expense Ratio (%)
      Management Fee 0.85%
      Service Fee 0.25%
      Administration Fee 0.13%
      Other Expenses 0.27%
      Total Expenses 1.50%
      Portfolio

      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 North America, LLC (Newton). Peter D. Goslin, CFA is the fund's primary portfolio manager. Mr. Goslin has been primary portfolio manager of the fund since July 2015. Mr. Goslin is a portfolio manager at Newton Investment Management North America, LLC.

      Top Holdings

      Download Total Holdings
      As of 10/31/23

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 11/29/23 Name NAV Change 07/28/23  12 Month 
          High Nav           		12/28/22  12 Month 
          Low Nav           		YTD Return
          MLIIX
          		$13.24
          $0.00
          0.00%
          		$13.61 $11.95 12.16%

          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, including in risks of stock investing.
          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. The securities of issuers located in emerging markets tend to be more volatile and less liquid than those of issuers in more mature economies.
          Please refer to the prospectus for a more complete discussion of the fund's main risks.

          Risk Metrics

          As of  10/31/23  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          MLIIX
          		18.18 5.56 1.02 94.96 0.43

          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.


          Distributions

          Dividend Schedule

          Declared
          Quarterly
          Distributed
          Quarterly
          Paid
          Quarterly
          Fiscal Year End
          Aug 31
          Year Dividend ($) Capital Gains ($)
          2023 0.2535 0.0000
          2022 0.4949 0.0000
          2021 0.5047 0.0000
          2020 0.3704 0.0000
          2019 0.5513 0.0000
          2018 0.5389 0.0000
          2017 0.4028 0.0000
          2016 0.3034 0.0000
          2015 0.3380 0.0000
          2014 0.5930 0.0000

          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           		Reinvest 
          NAV
          08/31/23 09/01/23 09/01/23 - 0.0965 - 0.0000 0.0000 0.0965 12.89
          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           		Reinvest 
          NAV
          05/31/23 06/01/23 06/01/23 - 0.1570 - 0.0000 0.0000 0.1570 -
          12/20/22 12/21/22 12/21/22 0.0000 0.1972 0.0000 0.0000 0.0000 0.1972 -
          08/31/22 09/01/22 09/01/22 - 0.1082 - 0.0000 0.0000 0.1082 -
          05/31/22 06/01/22 06/01/22 - 0.1803 - 0.0000 0.0000 0.1803 -
          02/28/22 03/01/22 03/01/22 - 0.0092 - 0.0000 0.0000 0.0092 -
          12/21/21 12/22/21 12/22/21 0.0000 0.2157 0.0000 0.0000 0.0000 0.2157 -
          08/31/21 09/01/21 09/01/21 - 0.1106 - 0.0000 0.0000 0.1106 -
          05/28/21 06/01/21 06/01/21 - 0.1551 - 0.0000 0.0000 0.1551 -
          02/26/21 03/01/21 03/01/21 - 0.0233 - 0.0000 0.0000 0.0233 -
          12/21/20 12/22/20 12/22/20 0.0000 0.1070 0.0000 0.0000 0.0000 0.1070 -
          08/31/20 09/01/20 09/01/20 0.0000 0.1517 0.0000 0.0000 0.0000 0.1517 -
          05/29/20 06/01/20 06/01/20 0.0000 0.1008 0.0000 0.0000 0.0000 0.1008 -
          02/28/20 03/02/20 03/02/20 0.0000 0.0109 0.0000 0.0000 0.0000 0.0109 -
          12/30/19 12/31/19 12/31/19 0.0000 0.1913 0.0000 0.0000 0.0000 0.1913 -
          08/30/19 09/03/19 09/03/19 0.0000 0.1394 0.0000 0.0000 0.0000 0.1394 -
          05/31/19 06/03/19 06/03/19 0.0000 0.2074 0.0000 0.0000 0.0000 0.2074 -
          02/28/19 03/01/19 03/01/19 0.0000 0.0132 0.0000 0.0000 0.0000 0.0132 -
          12/28/18 12/31/18 12/31/18 0.0000 0.1880 0.0000 0.0000 0.0000 0.1880 -
          08/31/18 09/04/18 09/04/18 0.0000 0.0976 0.0000 0.0000 0.0000 0.0976 -
          05/31/18 06/01/18 06/01/18 0.0000 0.2213 0.0000 0.0000 0.0000 0.2213 -
          02/28/18 03/01/18 03/01/18 0.0000 0.0320 0.0000 0.0000 0.0000 0.0320 -
          12/28/17 12/29/17 12/29/17 0.0000 0.1900 0.0000 0.0000 0.0000 0.1900 -
          08/31/17 09/01/17 09/01/17 0.0000 0.1168 0.0000 0.0000 0.0000 0.1168 -
          05/31/17 06/01/17 06/01/17 0.0000 0.0870 0.0000 0.0000 0.0000 0.0870 -
          02/28/17 03/01/17 03/01/17 0.0000 0.0090 0.0000 0.0000 0.0000 0.0090 -
          12/29/16 12/30/16 12/30/16 0.0000 0.1004 0.0000 0.0000 0.0000 0.1004 -
          08/31/16 09/01/16 09/01/16 0.0000 0.1020 0.0000 0.0000 0.0000 0.1020 -
          05/31/16 06/01/16 06/01/16 0.0000 0.0970 0.0000 0.0000 0.0000 0.0970 -
          02/29/16 03/01/16 03/01/16 0.0000 0.0040 0.0000 0.0000 0.0000 0.0040 -
          12/30/15 12/31/15 12/31/15 0.0000 0.0550 0.0000 0.0000 0.0000 0.0550 -
          08/31/15 09/01/15 09/01/15 0.0000 0.0930 0.0000 0.0000 0.0000 0.0930 -
          05/29/15 06/01/15 06/01/15 0.0000 0.1820 0.0000 0.0000 0.0000 0.1820 -
          02/27/15 03/02/15 03/02/15 0.0000 0.0080 0.0000 0.0000 0.0000 0.0080 -
          12/30/14 12/31/14 12/31/14 0.0000 0.1280 0.0000 0.0000 0.0000 0.1280 -
          08/29/14 09/02/14 09/02/14 0.0000 0.1570 0.0000 0.0000 0.0000 0.1570 -
          05/30/14 06/02/14 06/02/14 0.0000 0.2950 0.0000 0.0000 0.0000 0.2950 -
          02/28/14 03/03/14 03/03/14 0.0000 0.0130 0.0000 0.0000 0.0000 0.0130 -
          12/30/13 12/31/13 12/31/13 0.0000 0.1510 0.0000 0.0000 0.0000 0.1510 -
          08/30/13 09/03/13 09/03/13 0.0000 0.1540 0.0000 0.0000 0.0000 0.1540 -
          05/31/13 06/03/13 06/03/13 0.0000 0.1940 0.0000 0.0000 0.0000 0.1940 -
          02/28/13 03/01/13 03/01/13 0.0000 0.0110 0.0000 0.0000 0.0000 0.0110 -
          12/28/12 12/31/12 12/31/12 0.0000 0.1140 0.0000 0.0000 0.0000 0.1140 -
          08/31/12 09/04/12 09/04/12 0.0000 0.1450 0.0000 0.0000 0.0000 0.1450 -
          05/31/12 06/01/12 06/01/12 0.0000 0.2280 0.0000 0.0000 0.0000 0.2280 -
          02/29/12 03/01/12 03/01/12 0.0000 0.0010 0.0000 0.0000 0.0000 0.0010 -
          See all rows...
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