BNY Mellon International Bond Fund

    Why invest in this Fund?

    The fund seeks to maximize total return through capital appreciation and income.

    To pursue this goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities.

    Min. Class Investment
    $1,000
    Class Inception Date
    12/30/05
    Fund Assets
    $145,455,593  As of  07/15/24
    Class Assets
    $1,075,532  As of  07/15/24
    Portfolio Turnover Rate
    119.74% As of fiscal year end  10/31/23
    Morningstar Category
    Global Bond
    Benchmark
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    Fund Holdings
    186 As of 06/30/24
    AVERAGE EFFECTIVE MATURITY
    9.89 yr(s).  As of  06/30/24
    AVERAGE EFFECTIVE DURATION
    7.59 yr(s).   As of  06/30/24
    Yield To Maturity
    3.75% As of 06/30/24

    Yields and Expense Ratio

    30-DAY SEC YIELD
    as of 07/15/24
    ANNUALIZED
    DISTRIBUTION RATE
    as of 12/31/08
    PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of 03/01/24
    Subsidized Unsubsidized Net Gross Contractual
    Fee Waiver End Date
    2.19 2.19 0.00 1.84 1.84 -

    Yield fluctuates and past performance is no guarantee of future results.

    The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.

    Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.

     

     

    Portfolio Turnover Rate - It is a measure of how quickly securities in a fund are either bought or sold by the fund's managers, over a given period of time.

    Average Effective Maturity (AEM) - is a measure of maturity that takes into account the possibility that a bond might be called back by the issuer. For a portfolio of bonds, average effective maturity is the weighted average of the maturities of the underlying bonds.

    Average Effective Duration - It is used to measure the market price sensitivity of the fund’s portfolio holdings to changes in interest-rates. Duration is not a complete measure of bond risk and may not be successful.

    Yield to Maturity (YTM) - is the expected annual rate of return earned on a bond assuming the debt security is held until maturity.

    Portfolio Managers

    • Brendan Murphy

      Brendan Murphy, CFA

      Head of Global Fixed Income, North America, Insight North America, LLC

      Managing Fund Since 2011

      Joined Firm in 2005

      Joined Industry in 1996

    • Scott  Zaleski

      Scott Zaleski, CFA

      Senior Portfolio Manager, Insight North America, LLC

      Managing Fund Since 2018

      Joined Firm in 2014

      Joined Industry in 1990

    • Nathaniel  Hyde

      Nathaniel Hyde, CFA

      Portfolio Manager, Insight North America, LLC

      Managing Fund Since 2022

      Joined Firm in 2007

      Joined Industry in 2006

    • Adam Whiteley

      Adam Whiteley

      Portfolio Manager, Insight North America, LLC

      Managing Fund Since November 2023

      Joined Firm in 2007

      Joined Industry in 2007

    • Harvey Bradley

      Harvey Bradley

      Portfolio Manager, Insight North America, LLC

      Managing Fund Since November 2023

      Joined Firm in 2012

      Joined Industry in 2012


    Total Returns

    Click here to see SALES CHARGE  Max Sales Charge:  1.00%  CDSC Load
    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 International Bond Fund
    DIBCX
    -3.29 -6.02 -1.26 -7.46 -4.24 -2.18 1.90
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    -2.11 -5.26 -0.66 -7.48 -3.56 -1.86 -
    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 International Bond Fund
    DIBCX
    -3.29 -6.02 -1.26 -7.46 -4.24 -2.18 1.90
    Bloomberg Global Aggregate ex USD Index (Unhedged)
    -2.11 -5.26 -0.66 -7.48 -3.56 -1.86 -

    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 Bloomberg Global Aggregate ex USD Index (Unhedged) is a flagship measure of global investment-grade debt from 24 local currency markets, excluding U.S. dollar-denominated bonds. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging market issuers. Investors cannot invest directly in any index.

    When applicable, returns reflect a contractual expense reduction, without which returns would have been lower. Please see contractual expense reduction information, if any, in the Prospectus Fee Table below.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical Performance

      These figures do not reflect the maximum sales charge which, if included, would reduce return.

      Past performance is no guarantee of future results.

       

      Yearly Total Return

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


      Redemption Charge

      As of    REDEMPTION YEAR CDSC
      Year  1 1.00

      Class C shares are subject to a contingent deferred sales charge (CDSC) imposed on Class C shares redeemed within one year of purchase.

      Prospectus Fee Table Expense Ratios

      As of  03/01/24 Fee Description Expense Ratio (%)
      Management Fee 0.50%
      12B-1 Fee 0.75%
      Service Fee 0.25%
      Other Expenses 0.34%
      Total Expenses 1.84%
      Net Expenses 1.84%
      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, Insight North America LLC (INA), to serve as the fund's sub-adviser. Brendan Murphy, CFA, Scott Zaleski, CFA, Nathaniel Hyde, CFA, Adam Whiteley, CFA and Harvey Bradley, CFA are the fund's primary portfolio managers. Mr. Murphy is Head of Fixed Income, North America, at INA and has been a primary portfolio manager of the fund since May 2011. Mr. Zaleski is Co-Head of US Multi-Sector Fixed Income at INA and has been a primary portfolio manager of the fund since February 2018. Mr. Hyde is a portfolio manager at INA and has been a primary portfolio manager of the fund since September 2022. Mr. Whiteley is Head of Global Credit at Insight Investment Management (Global) Limited (Insight UK), an affiliate of INA, and has been a primary portfolio manager of the fund since October 2023. Mr. Bradley is a portfolio manager at Insight UK and has been a primary portfolio manager of the fund since October 2023. Messrs. Whiteley and Bradley are treated as "associated persons" of INA under the Investment Advisers Act of 1940, as amended, for purposes of providing investment advice with respect to the fund pursuant to a participating affiliate agreement between INA and Insight UK.

      Top Holdings

      As of 06/30/24

      Asset Allocation


          Daily Statistics

          As of 07/15/24 Name NAV Change 12/27/23  12 Month 
          High Nav
          10/18/23  12 Month 
          Low Nav
          YTD Return
          DIBCX
          $11.69
          $0.00
          0.00%
          $12.08 $10.80 -2.91%

          Past performance is no guarantee of future results.

          Main Risks

          Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.
          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.
          High yield bonds involve increased credit and liquidity risk than higher rated bonds and are considered speculative in terms of the issuer's ability to pay interest and repay principal on a timely basis. Currencies are subject to the risk that those currencies will decline in value relative to a local currency, or, in the case of hedged positions, that the local currency will decline relative to the currency being hedged. Each of these risks could increase the fund's volatility.
          The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highly volatile, illiquid, and difficult to value and there is the risk that changes in the value of a derivative held by the portfolio will not correlate with the underlying instruments or the portfolio's other investments.

          Risk Metrics

          As of  06/30/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DIBCX
          10.46 -2.55 1.30 84.83 -1.03

          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 Bloomberg U.S. Aggregate Bond 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
          Qtry (May, Aug, Nov, Dec)
          Distributed
          Qtry (May, Aug, Nov, Dec)
          Paid
          Qtry (May, Aug, Nov, Dec)
          Fiscal Year End
          Oct 31
          Month/Year Dividend ($)
          04/2022 0.0370
          12/2021 0.1302
          10/2021 0.0090
          12/2020 0.3090

          All figures as of month-end. Dividend history does not reflect any capital gains that may have been paid

          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
          04/29/22 05/02/22 05/02/22 0.0370 0.0000 - 0.0000 0.0000 0.0370
          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
          12/20/21 12/21/21 12/21/21 0.1302 0.0000 0.0000 0.0000 0.0000 0.1302
          10/29/21 11/01/21 11/01/21 0.0090 0.0000 - 0.0000 0.0000 0.0090
          12/18/20 12/21/20 12/21/20 0.3090 0.0000 0.0000 0.0000 0.0000 0.3090
          12/26/18 12/27/18 12/27/18 0.2924 0.0000 0.0000 0.0000 0.0000 0.2924
          10/31/18 11/01/18 11/01/18 0.0360 0.0000 0.0000 0.0000 0.0000 0.0360
          07/31/18 08/01/18 08/01/18 0.0210 0.0000 0.0000 0.0000 0.0000 0.0210
          04/30/18 05/01/18 05/01/18 0.0130 0.0000 0.0000 0.0000 0.0000 0.0130
          12/27/17 12/28/17 12/28/17 0.4610 0.0000 0.0000 0.0000 0.0000 0.4610
          10/31/17 11/01/17 11/01/17 0.0600 0.0000 0.0000 0.0000 0.0000 0.0600
          12/28/16 12/29/16 12/29/16 0.0026 0.0000 0.0000 0.0000 0.0000 0.0026
          10/31/16 11/01/16 11/01/16 0.0060 0.0000 0.0000 0.0000 0.0000 0.0060
          12/29/15 12/30/15 12/30/15 0.4110 0.0000 0.0000 0.0000 0.0000 0.4110
          10/30/15 11/02/15 11/02/15 0.0640 0.0000 0.0000 0.0000 0.0000 0.0640
          07/31/15 08/03/15 08/03/15 0.0520 0.0000 0.0000 0.0000 0.0000 0.0520
          04/30/15 05/01/15 05/01/15 0.0340 0.0000 0.0000 0.0000 0.0000 0.0340
          12/29/14 12/30/14 12/30/14 0.4000 0.0000 0.0000 0.0000 0.0000 0.4000
          10/31/14 11/03/14 11/03/14 0.0440 0.0000 0.0000 0.0000 0.0000 0.0440
          07/31/14 08/01/14 08/01/14 0.0410 0.0000 0.0000 0.0000 0.0000 0.0410
          04/30/14 05/01/14 05/01/14 0.0160 0.0000 0.0000 0.0000 0.0000 0.0160
          12/26/13 12/27/13 12/27/13 0.0500 0.0000 0.0000 0.0000 0.0000 0.0500
          10/31/13 11/01/13 11/01/13 0.0090 0.0000 0.0000 0.0000 0.0000 0.0090
          07/31/13 08/01/13 08/01/13 0.0310 0.0000 0.0000 0.0000 0.0000 0.0310
          04/30/13 05/01/13 05/01/13 0.0680 0.0000 0.0000 0.0000 0.0000 0.0680
          12/26/12 12/27/12 12/27/12 0.1000 0.0000 0.2180 0.0000 0.0000 0.3180
          10/31/12 11/01/12 11/01/12 0.0620 0.0000 0.0000 0.0000 0.0000 0.0620
          07/31/12 08/01/12 08/01/12 0.0600 0.0000 0.0000 0.0000 0.0000 0.0600
          04/30/12 05/01/12 05/01/12 0.0230 0.0000 0.0000 0.0000 0.0000 0.0230
          12/27/11 12/28/11 12/28/11 0.0000 0.0000 0.0356 0.0000 0.1354 0.1710
          10/31/11 11/01/11 11/01/11 0.0220 0.0000 0.0000 0.0000 0.0000 0.0220
          07/29/11 08/01/11 08/01/11 0.0720 0.0000 0.0000 0.0000 0.0000 0.0720
          04/29/11 05/02/11 05/02/11 0.0430 0.0000 0.0000 0.0000 0.0000 0.0430
          12/28/10 12/29/10 12/29/10 0.1080 0.0000 0.4009 0.0000 0.1711 0.6800
          10/29/10 11/01/10 11/01/10 0.1000 0.0000 0.0000 0.0000 0.0000 0.1000
          04/30/10 05/03/10 05/03/10 0.0870 0.0000 0.0000 0.0000 0.0000 0.0870
          12/28/09 12/29/09 12/29/09 0.1000 0.0000 0.1399 0.0000 0.0595 0.2994
          10/30/09 11/02/09 11/02/09 0.0980 0.0000 0.0000 0.0000 0.0000 0.0980
          07/31/09 08/03/09 08/03/09 0.0370 0.0000 0.0000 0.0000 0.0000 0.0370
          12/29/08 12/30/08 12/30/08 0.5190 0.0000 0.0000 0.0000 0.0000 0.5190
          10/31/08 11/03/08 11/03/08 0.0930 0.0000 0.0000 0.0000 0.0000 0.0930
          07/31/08 08/01/08 08/01/08 0.0680 0.0000 0.0000 0.0000 0.0000 0.0680
          04/30/08 05/01/08 05/01/08 0.0620 0.0000 0.0000 0.0000 0.0000 0.0620
          12/27/07 12/28/07 12/28/07 0.1420 0.0000 0.1876 0.0000 0.1655 0.4951
          10/31/07 11/01/07 11/01/07 0.0610 0.0000 0.0000 0.0000 0.0000 0.0610
          07/31/07 08/01/07 08/01/07 0.0620 0.0000 0.0000 0.0000 0.0000 0.0620
          04/30/07 05/01/07 05/01/07 0.0530 0.0000 0.0000 0.0000 0.0000 0.0530
          12/27/06 12/28/06 12/28/06 0.2690 0.0000 0.0041 0.0000 0.0224 0.2955
          10/31/06 11/01/06 11/01/06 0.0750 0.0000 0.0000 0.0000 0.0000 0.0750
          07/31/06 08/01/06 08/01/06 0.0430 0.0000 0.0000 0.0000 0.0000 0.0430
          04/28/06 05/01/06 05/01/06 0.0450 0.0000 0.0000 0.0000 0.0000 0.0450
          See all rows...

          Literature

          PRODUCT MATERIALS

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          BNY Mellon International Bond Fund - Investment Report Download
          BNY Mellon International Bond Fund - Presentation Download
          BNY Mellon International Bond Fund - Commentary Download
          A World of Opportunity: There Has Never Been A Time Like This For Global Fixed Income Download

          Factsheet, Prospectus and Reports

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          Factsheet Download
          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Annual Report Download
          Semi Annual Report 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.

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