Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.0%
1 yr return
7.4%
3 Yr Avg Return
-4.9%
5 Yr Avg Return
-2.7%
Net Assets
$178 M
Holdings in Top 10
94.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.10%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 141.06%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DIBAX - Profile
Distributions
- YTD Total Return -1.0%
- 3 Yr Annualized Total Return -4.9%
- 5 Yr Annualized Total Return -2.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.77%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameBNY Mellon International Bond Fund
-
Fund Family NameDreyfus
-
Inception DateDec 30, 2005
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Leduc
Fund Description
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities. The fund also normally invests at least 65% of its assets in non-U.S. dollar denominated fixed-income securities of foreign governments and companies located in various countries, including emerging markets. The fund invests principally in bonds and other fixed-income securities that may include notes (including structured notes), mortgage-related securities, asset-backed securities, convertible securities, floating rate loans (limited to up to 20% of the fund's net assets) and other floating rate securities, eurodollar and Yankee dollar instruments, preferred stocks and money market instruments. The fund may invest up to 30% of its assets in securities of emerging market issuers.
Generally, the fund seeks to maintain a portfolio with an average credit quality of investment grade. The fund, however, may invest up to 25% of its assets in securities (not including securities of emerging market issuers) rated below investment grade ("high yield" or "junk" bonds), or the unrated equivalent as determined by the fund's sub-adviser, at the time of purchase. The fund will not invest in securities rated lower than B at the time of purchase, except that the fund may invest in securities of issuers in emerging markets of any credit quality, including those rated or determined by the fund's sub-adviser to be below investment grade quality.
There are no restrictions on the dollar-weighted average maturity or average effective duration of the fund's portfolio or on the maturities or durations of the individual fixed-income securities the fund may purchase. A bond's maturity is the length of time until the principal must be fully repaid with interest. Average effective portfolio maturity is an average of the maturities of bonds held by the fund directly and the bonds underlying derivative instruments entered into by the fund, if any, adjusted to reflect provisions or market conditions that may cause a bond's principal to be repaid earlier than at its stated maturity. Duration is an indication of an investment's "interest rate risk," or how sensitive a bond or the fund's portfolio may be to changes in interest rates.
The fund's sub-adviser, Insight North America LLC, an affiliate of BNY Mellon Investment Adviser, Inc., focuses on identifying undervalued government bond markets, currencies, sectors and securities and looks for fixed-income securities with the most potential for added value. The sub-adviser selects securities by using fundamental economic research and quantitative analysis to allocate assets among countries and currencies based on a comparative evaluation of interest and inflation rate trends, government fiscal and monetary policies, and the credit quality of government debt.
The fund typically will sell a security if the fund's sub-adviser believes it is overvalued from a valuation standpoint, another sector becomes relatively more attractive, and/or it expects fundamentals to deteriorate. In addition, at times, the fund may engage in active and frequent trading, which will increase portfolio turnover.
The fund may use derivative instruments as a substitute for investing directly in an underlying asset, to increase returns, to manage market, foreign currency and/or duration or interest rate risks, or as part of a hedging strategy. The derivative instruments in which the fund may invest include typically futures, options, forward contracts and swap agreements. The fund's sub-adviser has considerable latitude in determining whether to hedge the fund's currency exposure and the extent of any such hedging.
DIBAX - Performance
Return Ranking - Trailing
Period | DIBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.0% | -59.5% | 0.9% | 64.56% |
1 Yr | 7.4% | -15.5% | 19.7% | 62.98% |
3 Yr | -4.9%* | -4.3% | 4.2% | 81.09% |
5 Yr | -2.7%* | -2.5% | 4.1% | 86.70% |
10 Yr | -1.0%* | -3.0% | 2.7% | 72.57% |
* Annualized
Return Ranking - Calendar
Period | DIBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.6% | -15.2% | 0.9% | 63.50% |
2022 | -17.5% | -10.9% | 12.2% | 51.55% |
2021 | -8.5% | -10.8% | 14.8% | 47.40% |
2020 | 5.7% | -15.3% | 0.6% | 94.22% |
2019 | 4.7% | -44.4% | 14.4% | 26.99% |
Total Return Ranking - Trailing
Period | DIBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.0% | -59.5% | 0.9% | 62.62% |
1 Yr | 7.4% | -16.6% | 30.5% | 93.84% |
3 Yr | -4.9%* | -5.2% | 10.9% | 92.75% |
5 Yr | -2.7%* | -2.8% | 7.4% | 93.81% |
10 Yr | -1.0%* | -3.0% | 3.6% | 81.22% |
* Annualized
Total Return Ranking - Calendar
Period | DIBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.6% | -15.2% | 0.9% | 63.50% |
2022 | -17.1% | -10.9% | 12.2% | 51.55% |
2021 | -7.1% | -10.8% | 14.8% | 47.40% |
2020 | 8.0% | -15.3% | 3.8% | 79.77% |
2019 | 4.7% | -44.4% | 14.4% | 6.75% |
NAV & Total Return History
DIBAX - Holdings
Concentration Analysis
DIBAX | Category Low | Category High | DIBAX % Rank | |
---|---|---|---|---|
Net Assets | 178 M | 74.5 K | 14.7 B | 55.39% |
Number of Holdings | 349 | 4 | 4562 | 43.60% |
Net Assets in Top 10 | 137 M | -112 M | 3.66 B | 79.15% |
Weighting of Top 10 | 94.54% | 4.7% | 100.0% | 15.87% |
Top 10 Holdings
- EURO-BOBL FUTURE SEP24 19.65%
- US 2YR NOTE (CBT) SEP24 18.56%
- JPY/USD FWD 20240813 GOLDUS33 13.95%
- CNH/USD FWD 20240813 816 10.97%
- EURO-SCHATZ FUT SEP24 9.58%
- EUR/USD FWD 20240813 050 7.37%
- KOREA TREASURY BOND 4.34%
- EURO-BTP FUTURE SEP24 3.55%
- CHINA GOVERNMENT BOND 3.47%
- CAD/USD FWD 20240813 GOLDUS33 3.10%
Asset Allocation
Weighting | Return Low | Return High | DIBAX % Rank | |
---|---|---|---|---|
Bonds | 95.22% | 0.00% | 220.33% | 80.57% |
Other | 46.16% | -9.71% | 100.00% | 76.78% |
Convertible Bonds | 0.57% | 0.00% | 11.19% | 75.36% |
Cash | 0.35% | -130.07% | 95.62% | 12.80% |
Stocks | 0.00% | 0.00% | 7.47% | 84.83% |
Preferred Stocks | 0.00% | 0.00% | 2.87% | 8.53% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DIBAX % Rank | |
---|---|---|---|---|
Derivative | 46.16% | 0.00% | 74.77% | 14.90% |
Government | 43.13% | 0.30% | 99.47% | 54.33% |
Corporate | 7.18% | 0.00% | 98.62% | 80.29% |
Securitized | 5.61% | 0.00% | 52.02% | 41.83% |
Cash & Equivalents | 0.35% | 0.00% | 95.62% | 23.56% |
Municipal | 0.00% | 0.00% | 7.95% | 85.58% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DIBAX % Rank | |
---|---|---|---|---|
Non US | 71.65% | 0.00% | 112.80% | 19.43% |
US | 23.57% | -5.52% | 107.53% | 91.47% |
DIBAX - Expenses
Operational Fees
DIBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.10% | 0.02% | 3.65% | 32.54% |
Management Fee | 0.50% | 0.00% | 2.08% | 46.34% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
DIBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.50% | 0.00% | 5.00% | 31.43% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DIBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DIBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 141.06% | 6.00% | 354.00% | 83.43% |
DIBAX - Distributions
Dividend Yield Analysis
DIBAX | Category Low | Category High | DIBAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 17.40% | 17.54% |
Dividend Distribution Analysis
DIBAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
DIBAX | Category Low | Category High | DIBAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.77% | -1.08% | 5.77% | 83.82% |
Capital Gain Distribution Analysis
DIBAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
May 02, 2022 | $0.060 | OrdinaryDividend |
Dec 21, 2021 | $0.159 | OrdinaryDividend |
Nov 01, 2021 | $0.036 | OrdinaryDividend |
Aug 02, 2021 | $0.015 | OrdinaryDividend |
May 03, 2021 | $0.025 | OrdinaryDividend |
Dec 21, 2020 | $0.346 | OrdinaryDividend |
Dec 27, 2018 | $0.321 | OrdinaryDividend |
Nov 01, 2018 | $0.059 | OrdinaryDividend |
Aug 01, 2018 | $0.042 | OrdinaryDividend |
May 01, 2018 | $0.049 | OrdinaryDividend |
Dec 28, 2017 | $0.484 | OrdinaryDividend |
Nov 01, 2017 | $0.076 | OrdinaryDividend |
Dec 29, 2016 | $0.021 | OrdinaryDividend |
Nov 01, 2016 | $0.027 | OrdinaryDividend |
Dec 30, 2015 | $0.435 | OrdinaryDividend |
Nov 02, 2015 | $0.086 | OrdinaryDividend |
Aug 03, 2015 | $0.078 | OrdinaryDividend |
May 01, 2015 | $0.073 | OrdinaryDividend |
Dec 30, 2014 | $0.427 | OrdinaryDividend |
Nov 03, 2014 | $0.072 | OrdinaryDividend |
Aug 01, 2014 | $0.070 | OrdinaryDividend |
May 01, 2014 | $0.055 | OrdinaryDividend |
Dec 27, 2013 | $0.070 | OrdinaryDividend |
Nov 01, 2013 | $0.039 | OrdinaryDividend |
Aug 01, 2013 | $0.062 | OrdinaryDividend |
May 01, 2013 | $0.097 | OrdinaryDividend |
Dec 27, 2012 | $0.120 | OrdinaryDividend |
Dec 27, 2012 | $0.218 | CapitalGainShortTerm |
Nov 01, 2012 | $0.093 | OrdinaryDividend |
Aug 01, 2012 | $0.090 | OrdinaryDividend |
May 01, 2012 | $0.052 | OrdinaryDividend |
Dec 28, 2011 | $0.036 | CapitalGainShortTerm |
Dec 28, 2011 | $0.135 | CapitalGainLongTerm |
Nov 01, 2011 | $0.050 | OrdinaryDividend |
Aug 01, 2011 | $0.100 | OrdinaryDividend |
May 02, 2011 | $0.073 | OrdinaryDividend |
Dec 29, 2010 | $0.129 | OrdinaryDividend |
Dec 29, 2010 | $0.401 | CapitalGainShortTerm |
Dec 29, 2010 | $0.171 | CapitalGainLongTerm |
Nov 01, 2010 | $0.131 | OrdinaryDividend |
May 03, 2010 | $0.120 | OrdinaryDividend |
Dec 29, 2009 | $0.109 | OrdinaryDividend |
Dec 29, 2009 | $0.140 | CapitalGainShortTerm |
Dec 29, 2009 | $0.060 | CapitalGainLongTerm |
Nov 02, 2009 | $0.118 | OrdinaryDividend |
Aug 03, 2009 | $0.059 | OrdinaryDividend |
Dec 30, 2008 | $0.535 | OrdinaryDividend |
Nov 03, 2008 | $0.116 | OrdinaryDividend |
Aug 01, 2008 | $0.071 | OrdinaryDividend |
May 01, 2008 | $0.067 | OrdinaryDividend |
Dec 28, 2007 | $0.166 | OrdinaryDividend |
Dec 28, 2007 | $0.188 | CapitalGainShortTerm |
Dec 28, 2007 | $0.166 | CapitalGainLongTerm |
Nov 01, 2007 | $0.087 | OrdinaryDividend |
Aug 01, 2007 | $0.086 | OrdinaryDividend |
May 01, 2007 | $0.049 | OrdinaryDividend |
Dec 28, 2006 | $0.285 | OrdinaryDividend |
Dec 28, 2006 | $0.004 | CapitalGainShortTerm |
Dec 28, 2006 | $0.022 | CapitalGainLongTerm |
Nov 01, 2006 | $0.099 | OrdinaryDividend |
Aug 01, 2006 | $0.068 | OrdinaryDividend |
May 01, 2006 | $0.076 | OrdinaryDividend |
DIBAX - Fund Manager Analysis
Managers
David Leduc
Start Date
Tenure
Tenure Rank
Feb 11, 2010
12.31
12.3%
David Leduc, CFA, Mr. Leduc is an executive vice president and Chief Investment Officer, Head of Fixed Income at Mellon and is responsible for overseeing fixed income investment management activities of Mellon. He has been employed by Mellon or a predecessor company since 1995, and by BNYM Investment Adviser since 2005. David joined Standish Mellon Asset Management Company LLC in 1995 as a portfolio manager and analyst for US domestic fixed income, moving from structured finance to global strategies in 1999. Prior to joining Standish, David spent seven years as an Investment Officer at State Street. He has an M.B.A. from Boston University and a B.S. from the University of Rhode Island. David holds the CFA® designation and has been in investment industry since 1987. David's activities with not-for-profit organizations include serving as senior representative for BNY Mellon Trust Company in its role as Corporate Trustee of the W. K. Kellogg Foundation Trust.
Brendan Murphy
Start Date
Tenure
Tenure Rank
May 01, 2011
11.09
11.1%
Mr. Murphy, CFA, is Head of Global Fixed Income, North America, at INA. He has been employed by INA or a predecessor company of INA since 2005. He was managing director of global and multi-sector strategies. Previously, he served as director and senior portfolio manager of global strategies responsible for managing non-U.S., global and opportunistic bond portfolios. Before being promoted to portfolio manager in 2009, he was a senior trader responsible for trading developed and emerging market non-USD securities as well as all foreign currencies. Mr. Murphy joined Mellon in 2005 from State Street Research, where he was a senior trader responsible for investment grade corporate bonds. He holds a B.A. from Trinity College.
Scott Zaleski
Start Date
Tenure
Tenure Rank
Feb 22, 2018
4.27
4.3%
Scott Zaleski, CFA, Director, Senior Portfolio Manager for the Global Multi-Sector fixed income team. His responsibilities include management of non-US, global and unconstrained fixed income strategies. Previously at the firm, he served as a client portfolio manager for global multi-sector products. Prior to joining the firm in 2014, Scott worked at the Flatley Company where he was a senior portfolio manager responsible for managing the fixed income absolute return strategy. Additional experience includes positions at Wellington Management Company as a fixed income portfolio manager and credit analyst focused on corporate credit and structured products and investment management responsibilities at Putnam and Fidelity. Scott has been in the investment industry since 1990. Scott earned an MS in finance from Boston College and a BS from Skidmore College. He holds the CFA® designation and is a member of the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 28.31 | 6.8 | 3.67 |