Why invest in this Fund?

The fund seeks long-term total return. To pursue this goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in stocks. The fund's investments will be focused on companies located in the developed markets. Examples of developed markets are the United States, Canada, Japan, Australia, Hong Kong and Western Europe.

Min. Class Investment
$1,000,000
Class Inception Date
07/01/13
Class Status
Not available for purchase by individual investors.
Fund Assets
$986,967,303  As of  07/26/24
Class Assets
$353,189,042  As of  07/26/24
Portfolio Turnover Rate
10.12% As of fiscal year end  11/30/23
Morningstar Category
Global Large-Stock Growth
Benchmark
MSCI World Index
Morningstar Overall Rating
Fund Holdings
48 As of 06/30/24

Morningstar Rating™ as of June 30, 2024 for the Class Y class shares; other classes may have different performance characteristics. Overall rating for the Global Large-Stock Growth category. Fund ratings are out of 5 Stars: Overall 3 Stars (321 funds rated); 3 Yrs. 4 Stars (321 funds rated); 5 Yrs. 3 Stars (277 funds rated); 10 Yrs. 3 Stars (188 funds rated).

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Portfolio Managers

  • Jane Henderson

    Jane Henderson

    Portfolio Manager, Walter Scott & Partners Limited

    Managing Fund Since 2006

    Joined Firm in 1995

    Joined Industry in 1995

  • Roy Leckie

    Roy Leckie

    Portfolio Manager, Walter Scott & Partners Limited

    Managing Fund Since 2006

    Joined Firm in 1995

    Joined Industry in 1995

  • Charlie Macquaker

    Charlie Macquaker

    Portfolio Manager, Walter Scott & Partners Limited

    Managing Fund Since 2006

    Joined Firm in 1991

    Joined Industry in 1991

  • Fraser Fox

    Fraser Fox, CFA

    Investment Manager, Walter Scott & Partners Limited

    Managing Fund Since 2022

    Joined Firm in 2003

    Joined Industry in 2003

  • Maxim Skorniakov

    Maxim Skorniakov, CFA

    Investment Manager, Walter Scott & Partners Limited

    Managing Fund Since 2022

    Joined Firm in 2003

    Joined Industry in 2003


Total Returns

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 Global Stock Fund
DGLYX
-0.31 6.92 10.79 4.42 9.83 9.45 8.21
MSCI World Index
2.63 11.75 20.19 6.86 11.78 9.16 -
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 Global Stock Fund
DGLYX
-0.31 6.92 10.79 4.42 9.83 9.45 8.21
MSCI World Index
2.63 11.75 20.19 6.86 11.78 9.16 -

The performance data quotes represents past performance, which is no guarantee of future results. Yield, share price and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Click above for month-end returns.

The MSCI World Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of developed markets. Investors cannot invest directly in any index.

The total return performance figures presented for Class Y shares of the fund represent the performance of the fund's Class A for periods prior to July 01, 2013, the inception date for Class Y shares, and the performance of Class Y, 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

Past performance is no guarantee of future results.

Historical Performance

    Not available for purchase by individual investors.

     

    Past performance is no guarantee of future results.

    Yearly Total Return

    Investment return fluctuates and past performance is no guarantee of future results.


    Prospectus Fee Table Expense Ratios

    As of  03/29/24 Fee Description Expense Ratio (%)
    Management Fee 0.85%
    Other Expenses 0.05%
    Total Expenses 0.90%
    Net Expenses 0.90%
    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.

    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, Walter Scott & Partners Limited, to serve as the fund's sub-adviser. Investment decisions for the fund have been made since the fund's inception in 2006 by Walter Scott's Investment Team, which is overseen by Walter Scott's Investment Management Committee (IMC). The members of the Investment Team with the most significant responsibility for day-to-day management of the fund, who also are the members of Walter Scott's Investment Executive group are: Roy Leckie, a director of Walter Scott and co-chair of the IMC; Charlie Macquaker, a director of Walter Scott and cochair of the IMC; Jane Henderson, Managing Director of Walter Scott; Fraser Fox, an investment manager at Walter Scott; and Maxim Skorniakov, an investment manager at Walter Scott.

    Top Holdings

    As of 06/30/24

    Asset Allocation


        Daily Statistics

        As of 07/26/24 Name NAV Change 12/12/23  12 Month 
        High Nav
        01/05/24  12 Month 
        Low Nav
        YTD Return
        DGLYX
        $22.06
        $0.32
        1.47%
        $23.77 $20.22 4.47%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Global Large-Stock Growth


        Morningstar Rating™ as of 06/30/24 for the Class Y shares; other classes may have different performance characteristics. Overall rating for the Global Large-Stock Growth. Fund ratings are out of 5 Stars: Overall 3 Stars (321 funds rated); 3 Yrs. 4 Stars (321 funds rated); 5 Yrs. 3 Stars (277 funds rated); 10 Yrs. 3 Stars (188 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
          186 out of 194
        • 3 Year
          45 out of 190
        • 5 Year
          126 out of 178
        • 10 Year
          58 out of 124

        LIPPER CLASSIFICATION Global Large-Cap Growth


        Lipper Category returns and rankings as of 06/30/24, 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

        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.

        Risk Metrics

        As of  06/30/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DGLYX
        18.47 -0.89 1.06 92.36 0.14

        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 Index.


        Alpha - Alpha is a measure of a security's or portfolio's excess return.

        Beta - Beta is a measure of a security’s or portfolio’s volatility, or systematic risk.

        R-Squared - R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

        Sharpe Ratio - Sharpe ratio is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.

        Standard Deviation - Standard deviation is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.


        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Nov 30
        Annualized Distribution Rate
        %
        As of 
        Year Dividend ($) Capital Gains ($)
        2024 0.0000 0.0110
        2023 0.1008 3.6405
        2022 0.1134 2.3279
        2021 0.0944 2.3561
        2020 0.1530 1.3472
        2019 0.1692 1.0005
        2018 0.1832 1.1577
        2017 0.2151 1.4344
        2016 0.1567 0.6788
        2015 0.2606 0.8721

        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
        03/25/24 03/26/24 03/26/24 - 0.0000 - 0.0110 0.0000 0.0110
        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
        12/12/23 12/13/23 12/13/23 0.0000 0.1008 0.0000 0.0017 3.5765 3.6790
        03/27/23 03/28/23 03/28/23 - 0.0000 - 0.0000 0.0623 0.0623
        12/12/22 12/13/22 12/13/22 0.0000 0.1134 0.0000 0.0000 2.1530 2.2664
        03/28/22 03/29/22 03/29/22 - 0.0000 - 0.0000 0.1749 0.1749
        12/13/21 12/14/21 12/14/21 0.0000 0.0944 0.0000 0.0246 2.3315 2.4505
        12/11/20 12/14/20 12/14/20 0.0000 0.1530 0.0000 0.0686 1.2786 1.5002
        12/30/19 12/31/19 12/31/19 0.0000 0.1692 0.0000 0.0067 0.9938 1.1697
        12/28/18 12/31/18 12/31/18 0.0000 0.1832 0.0000 0.0000 1.1577 1.3409
        12/28/17 12/29/17 12/29/17 0.0000 0.2151 0.0000 0.0991 1.3353 1.6495
        12/29/16 12/30/16 12/30/16 0.0000 0.1567 0.0000 0.0000 0.0625 0.2192
        03/30/16 03/31/16 03/31/16 0.0000 0.0000 0.0000 0.0037 0.6126 0.6163
        12/30/15 12/31/15 12/31/15 0.0000 0.2606 0.0000 0.1167 0.7554 1.1327
        12/30/14 12/31/14 12/31/14 0.0000 0.2075 0.0000 0.0391 0.0477 0.2943
        12/30/13 12/31/13 12/31/13 0.0000 0.1540 0.0000 0.0000 0.0000 0.1540
        See all rows...

        Literature

        PRODUCT MATERIALS

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        BNY Mellon Global Stock Fund - Investment Report Download
        BNY Mellon Global Stock Fund - Presentation Download
        BNY Mellon Global Stock Fund - Commentary Download
        Walter Scott Celebrating 40 Years Download

        Factsheet, Prospectus and Reports

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        Factsheet Download
        Prospectus Download
        Summary Prospectus Download
        SAI Download
        Annual Report Download
        Semi Annual Report - Class Y Download
        Semi Annual Financials and Other Information Download
        1Q Fiscal Holdings Download
        3Q Fiscal Holdings Download

        Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

        This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

        Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.