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    BNY Mellon Diversified Emerging Markets Fund

    Overview

    Why invest in this Fund?

    The fund seeks long-term growth of capital. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies located, organized, or with a majority of assets or business in emerging market countries, including underlying funds that invest in such securities. The fund uses a 'manager of managers' approach by selecting one or more investment managers to serve as subadvisers to the fund. The fund also uses a 'fund of funds' approach by investing in one or more underlying funds.
    Min. class investment
    $1,000
    Class Inception Date
    03/31/09
    Fund Assets
    $70,224,217  As of  03/27/23
    Class Assets
    $306,647  As of  03/27/23
    Portfolio Turnover Rate
    46.15% As of fiscal year end  09/30/22
    Morningstar Category
    Diversified Emerging Markets
    Benchmark
    MSCI Emerging Markets Index
    Morningstar Overall Rating
    Fund Holdings
    228 As of 02/28/23

    Morningstar Rating™ as of February 28, 2023 for the Class A 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 (742 funds rated); 3 Yrs. 3 Stars (742 funds rated); 5 Yrs. 3 Stars (657 funds rated); 10 Yrs. 3 Stars (395 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

    • Julianne D. McHugh

      Julianne D. McHugh

      Head of Impact, Newton Investment Management North America, LLC

      7 yr(s). on fund
    • Peter Goslin

      Peter Goslin, CFA

      Portfolio Manager, Newton Investment Management North America, LLC

      9 yr(s). on fund
    Performance

    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  5.75%  Front End Load

    Month End

    Average Annual
    As of 02/28/23
    Name 3 MO
    02/28/23     		YTD
    02/28/23     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Diversified Emerging Markets Fund
    DBEAX
    		-6.30 -3.98 -20.38 0.32 -2.05 1.20 3.67
    MSCI Emerging Markets Index
    		-0.52 0.90 -15.28 0.97 -1.87 1.52 -

    Quarter End

    Average Annual
    As of 12/31/22
    Name 3 MO
    12/31/22     		YTD
    12/31/22     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Diversified Emerging Markets Fund
    DBEAX
    		4.12 -26.78 -26.78 -2.92 -2.48 1.22 3.59
    MSCI Emerging Markets Index
    		9.70 -20.09 -20.09 -2.69 -1.40 1.44 -

    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.

    The total return performance figures presented for Class A shares of the fund represent the performance of the fund's Class I for periods prior to March 31, 2009, the inception date for Class A shares, and the performance of Class A, respectively, from that inception date. Performance reflects the applicable class' distribution/servicing fees since the inception date. Had these fees and expenses been reflected for periods prior, performance would have been different.

    Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

    Growth of $10,000 Investment

    Historical Performance

      Yearly Total Return

      Yearly

      Fees & Expenses

      Prospectus Fee Table Expense Ratios

      As of  02/01/23 Fee Description Expense Ratio (%)
      Management Fee 0.73%
      Service Fee 0.25%
      Administration Fee 0.07%
      Other Expenses 0.65%
      Acquired Fund Fees & Expenses 0.37%
      Total Expenses 2.07%
      Expenses Reimbursed 0.15%
      Net Expenses 1.92%
      Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
      The fund's investment adviser, BNY Mellon Investment Adviser, Inc., has contractually agreed, until February 1, 2024, to waive receipt of its fees and/or assume the direct expenses of the fund so that the direct expenses of none of the fund's classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed 1.30%. On or after February 1, 2024, BNY Mellon Investment Adviser, Inc. may terminate this expense limitation agreement at any time. Because "acquired fund fees and expenses" are incurred indirectly by the fund as a result of its investment in underlying funds, such fees and expenses are not included in the expense limitation.

      Sales Charge

      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), to serve as the fund's subadviser. The day-to-day management of the portion of the fund's portfolio allocated to the Active Equity Strategy is the responsibility of Julianne McHugh. Ms. McHugh has been a primary portfolio manager of the fund since November 2015 and is Head of Impact investing and a lead portfolio manager on emerging market strategies at Newton. The day-to-day management of the portion of the fund's portfolio allocated to the Multi-Factor Equity Strategy is the responsibility of Peter D. Goslin, CFA. Mr. Goslin has been a primary portfolio manager of the fund since January 2014. Mr. Goslin is a portfolio manager at Newton.

      Top Holdings

      Download Total Holdings
      As of 02/28/23

      Asset Allocation

          Stats & Risks

          Daily Statistics

          As of 03/27/23 Name NAV Change 04/04/22  12 Month 
          High Nav           		10/24/22  12 Month 
          Low Nav           		YTD Return
          DBEAX
          		$23.03
          -$0.15
          -0.65%
          		$28.37 $20.81 3.07%

          Performance Metrics

          Overall Morningstar Rating

          MORNINGSTAR CATEGORY Diversified Emerging Markets

          Morningstar Rating™ as of 02/28/23 for the Class A 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 (742 funds rated); 3 Yrs. 3 Stars (742 funds rated); 5 Yrs. 3 Stars (657 funds rated); 10 Yrs. 3 Stars (395 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
            469 out of 789
          • 3 Year
            210 out of 705
          • 5 Year
            198 out of 618
          • 10 Year
            144 out of 369

          LIPPER CLASSIFICATION

          Lipper Category returns and rankings 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

          Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.
          Small and midsized company stocks tend to be more volatile and less liquid than larger company stocks as these companies are less established and have more volatile earnings histories.
          Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
          Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

          Risk Metrics

          As of  02/28/23  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DBEAX
          		22.06 -2.47 1.03 82.09 0.17

          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
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Sep 30
          Year Dividend ($) Capital Gains ($)
          2022 1.0169 0.0000
          2021 0.2801 0.0000
          2020 0.0920 0.0000
          2019 0.3247 0.0000
          2018 0.0152 0.0000
          2017 0.1810 0.0000
          2016 0.0150 0.0000
          2015 0.0780 0.0000
          2014 0.1270 0.2007
          2013 0.2760 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
          12/27/22 12/28/22 12/28/22 0.2382 0.7787 0.0000 0.0000 0.0000 1.0169 22.40
          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
          12/28/21 12/29/21 12/29/21 0.0000 0.2801 0.0000 0.0000 0.0000 0.2801 -
          12/28/20 12/29/20 12/29/20 0.0000 0.0920 0.0000 0.0000 0.0000 0.0920 -
          12/26/19 12/27/19 12/27/19 0.1047 0.2200 0.0000 0.0000 0.0000 0.3247 -
          12/26/18 12/27/18 12/27/18 0.0000 0.0152 0.0000 0.0000 0.0000 0.0152 -
          12/27/17 12/28/17 12/28/17 0.0000 0.1810 0.0000 0.0000 0.0000 0.1810 -
          12/28/16 12/29/16 12/29/16 0.0000 0.0150 0.0000 0.0000 0.0000 0.0150 -
          12/29/15 12/30/15 12/30/15 0.0000 0.0780 0.0000 0.0000 0.0000 0.0780 -
          12/29/14 12/30/14 12/30/14 0.0638 0.0632 0.0915 0.0906 0.0186 0.3277 -
          12/11/13 12/12/13 12/12/13 0.0000 0.2760 0.0000 0.0000 0.0000 0.2760 -
          12/13/11 12/14/11 12/14/11 0.0000 0.0800 0.0000 0.0000 4.2211 4.3011 -
          12/14/10 12/15/10 12/15/10 0.0000 0.0835 0.0000 0.0000 0.0000 0.0835 -
          Literature

          Literature

          Factsheet, Prospectus and Reports

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