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SBCEX Dreyfus Diversified Emerging Markets I

  • Fund
  • SBCEX
  • Price as of: Sep 19, 2017
  • $24.83
  • - $0.03
  • - 0.12%
  • Category
  • Emerging Markets Equities

SBCEX - Profile

Vitals

  • YTD Return 33.8%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 6.5%
  • Net Assets $218 M
  • Holdings in Top 10 59.3%

52 WEEK LOW AND HIGH

$24.83
$18.24
$24.86

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 62.91%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$750

Investment Themes

CATEGORY

Emerging Markets Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Emerging Mkts

Distributions

  • YTD Total Return 33.8%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 6.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.12%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Dreyfus Diversified Emerging Markets Fund
  • Fund Family Name Dreyfus
  • Inception Date Jul 10, 2006
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Michelle Y. Chan

Fund Description

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities (or other instruments with similar economic characteristics) of companies located, organized, or with a majority of assets or business in emerging market countries, including other investment companies (underlying funds) that invest in such securities. It uses a "manager of managers" approach by selecting one or more experienced investment managers to serve as subadvisers. The fund also uses a "fund of funds" approach by investing in one or more underlying funds.

SBCEX - Performance

Return Ranking - Trailing

Period SBCEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 33.8% -29.2% 43.6% 26.32% 2
1 Yr 25.3% -38.0% 57.7% 28.49% 2
3 Yr 3.5% * -13.2% 12.2% 29.42% 2
5 Yr 6.5% * -11.8% 17.1% 27.41% 2
10 Yr 2.7% * -2.7% 8.1% 35.16% 2

* Annualized


Return Ranking - Calendar

Period SBCEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 7.3% -32.2% 248.4% 39.51% 3
2015 -13.7% -47.4% 3.8% 40.44% 3
2014 -2.2% -40.7% 42.6% 26.56% 2
2013 -1.6% -30.3% 32.4% 40.82% 3
2012 17.1% -23.9% 37.9% 51.41% 3

Total Return Ranking - Trailing

Period SBCEX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 33.8% -11.8% 43.6% 26.59% 2
1 Yr 25.3% -25.4% 55.8% 22.37% 2
3 Yr 3.5% * -11.1% 12.2% 24.76% 2
5 Yr 6.5% * -12.2% 17.1% 23.22% 2
10 Yr 2.7% * -2.7% 8.1% 33.20% 2

* Annualized


Total Return Ranking - Calendar

Period SBCEX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 7.3% -24.1% 248.4% 43.23% 3
2015 -13.3% -24.6% 6.9% 45.15% 3
2014 -0.4% -17.4% 60.9% 25.65% 2
2013 0.1% -14.9% 60.9% 38.78% 2
2012 18.0% -36.9% 83.1% 67.96% 4

NAV & Total Return History

SBCEX - Holdings

Filings data as of: Jul 31, 2017

Concentration Analysis

SBCEX Category Low Category High SBCEX % Rank Quintile
Net Assets 218 M 272 85.4 B 19.13% 3
Number of Holdings 225 1 4776 8.70% 2
Net Assets in Top 10 121 M 0 14.3 B 14.20% 3
Weighting of Top 10 59.3% 0.0% 188.6% 1.45% 1

Top 10 Holdings

  1. Dreyfus Global Emerging Markets Y 35.76%
  2. Tencent Holdings Ltd 3.55%
  3. Samsung Electronics Co Ltd 2.93%
  4. Dreyfus Strategic Beta Emerg Mkts Eq Y 8.37%
  5. Taiwan Semiconductor Manufacturing Co Ltd 2.22%
  6. Alibaba Group Holding Ltd ADR 2.62%
  7. iShares MSCI Malaysia ETF 0.81%
  8. China Construction Bank Corp H 1.11%
  9. Ping An Insurance (Group) Co. of China Ltd H 0.75%
  10. iShares MSCI Emerging Markets ETF 1.17%

Asset Allocation

Weighting Category Low Category High SBCEX % Rank Quintile
Stocks
95.06% 0.00% 100.53% 13.19% 3
Other
2.60% -1.53% 31.18% 12.75% 3
Cash
2.28% -68.34% 100.00% 14.78% 3
Preferred Stocks
0.06% 0.00% 7.87% 11.01% 2
Convertible Bonds
0.00% 0.00% 11.12% 1.45% 2
Bonds
0.00% 0.00% 95.61% 6.96% 2

Stock Sector Breakdown

Weighting Category Low Category High SBCEX % Rank Quintile
Technology
25.06% 0.00% 37.10% 9.14% 2
Financial Services
21.35% 0.00% 44.19% 16.26% 3
Consumer Cyclical
11.43% 0.00% 30.04% 16.84% 3
Consumer Defense
10.21% 0.00% 41.38% 9.14% 2
Industrials
7.13% 0.00% 27.34% 11.32% 2
Basic Materials
5.74% 0.00% 18.34% 16.84% 3
Healthcare
4.23% 0.00% 13.91% 9.72% 2
Energy
3.84% 0.00% 20.68% 18.00% 3
Utilities
2.30% 0.00% 52.35% 13.35% 3
Communication Services
2.24% 0.00% 20.02% 21.48% 4
Real Estate
1.51% 0.00% 15.52% 17.27% 3

Stock Geographic Breakdown

Weighting Category Low Category High SBCEX % Rank Quintile
Non US
94.61% 0.00% 100.53% 11.01% 2
US
0.45% -3.75% 100.02% 15.80% 3

SBCEX - Expenses

Operational Fees

SBCEX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.11% 0.05% 935.74% 34.74% 1
Management Fee 0.60% 0.00% 2.00% 8.26% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.00% 0.55% 3.27% 4

Sales Fees

SBCEX Fees (% of AUM) Category Low Category High SBCEX Rank Quintile
Front Load N/A 0.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

SBCEX Fees (% of AUM) Category Low Category High SBCEX Rank Quintile
Max Redemption Fee 2.00% 0.50% 2.00% 0.41% 3

Turnover 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.

SBCEX Fees (% of AUM) Category Low Category High SBCEX Rank Quintile
Turnover 62.91% 0.00% 947.00% 9.59% 3

SBCEX - Distributions

Dividend Yield Analysis

SBCEX Category Low Category High SBCEX % Rank Quintile
Dividend Yield 0.3% 0.00% 3.80% 12.61% 1

Dividend Distribution Analysis

SBCEX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

SBCEX Category Low Category High SBCEX % Rank Quintile
Net Income Ratio 0.12% -2.15% 6.38% 33.14% 4

Capital Gain Distribution Analysis

SBCEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

SBCEX - Managers

Michelle Y. Chan

Manager

Start Date

Jan 31, 2014

Tenure

3.58

Tenure Rank

8.9%

Michelle is an Assistant Portfolio Manager in our International Value Equity Department and currently provides research coverage for China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. Prior to joining The Boston Company, Michelle was employed at Ivy Management Inc. in Ft. Lauderdale, Florida as a research analyst. She was responsible for covering the Asia–Pacific security markets, including Australia and New Zealand.


Ronald P. Gala

Manager

Start Date

Jan 31, 2014

Tenure

3.58

Tenure Rank

8.9%

Team leader and senior portfolio manager for the active equity portfolios  Former Principal Officer of Mellon Equity Associates, LLP  Member and past president of the CFA Society of Pittsburgh and a member of the CFA Institute


Elizabeth Slover

Manager

Start Date

Jan 31, 2014

Tenure

3.58

Tenure Rank

8.9%

Elizabeth is the Director of The Boston Company’s Global Research Team, overseeing research for the U.S., EAFE and Emerging Markets. Elizabeth is also a Portfolio Manager on the US Large Cap Growth Equity strategy. Before joining The Boston Company, Elizabeth was with Chancellor LGT Asset Management (now Invesco), where she worked for the Director of Equities, responsible for managing the Equity Research Group. Before joining Chancellor, Elizabeth was in the Equity Research Department of Smith Barney, where she worked for the Chief Investment Strategist. She received a BA in Political Science from Union College.


Peter D. Goslin

Manager

Start Date

Jan 31, 2014

Tenure

3.58

Tenure Rank

8.9%

Mr. Goslin is a director, senior portfolio manager and active equity strategist at Mellon Capital, where he has been employed since 1999. He was member of small cap and market neutral active equity teams Prior to joining Mellon Capital, worked as a proprietary derivatives trader and NASDAQ market maker for Merrill Lynch. Previously ran Merrill’s Equity Index Option desk at the Chicago Mercantile Exchange Member of the CFA Society of Pittsburgh and a member of the CFA Institute M.B.A., University of Notre Dame, Finance B.S., St. Vincent College, Finance and Computer Science


William S. Cazalet

Manager

Start Date

Feb 27, 2015

Tenure

2.51

Tenure Rank

10.6%

Provides leadership on all active equity investment strategies and solutions  Leads team of portfolio managers responsible for the implementation of all active equity, long/short equity, enhanced indexing and equity smart beta strategies  Joined Mellon Capital as a Global Investment Strategist, responsible for articulating global strategies and working with clients, prospects, and investment consultants on viable solutions to meet their needs  Prior to joining Mellon Capital, served as a managing director at Commonfund, where he was responsible for U.S. West Coast and international clients  Served as global co-head of long short equity strategies at AXA Rosenberg from 2005-2010; responsible for strategy and portfolio design and product development  Prior to AXA Rosenberg, traded equity derivatives and structured products at Morgan Stanley in London  Started career as an accountant in both upstream and downstream divisions of Royal Dutch Shell  Chartered Management Accountant (ACMA) in the UK


Julianne D. McHugh

Manager

Start Date

Nov 02, 2015

Tenure

1.83

Tenure Rank

11.8%

Ms. McHugh has served as a primary portfolio manager and a director at Boston Company Asset Management LLC, which she joined in 2004, and is a senior research analyst on TBCAM's global research team. Julianne is an Analyst for The Boston Company’s Large Capitalization Value Investment Team, focusing on the financial and retail industries. Prior to joining The Boston Company, she was an Equity Analyst at State Street Research & Management, where she focused on the non-bank financial and retail sectors. Before that, Julianne served as a Research Analyst at Dalbar, Inc., where she covered the financial industry.


C. Wesley Boggs

Manager

Start Date

Mar 09, 2017

Tenure

0.48

Tenure Rank

13.7%

Mr. Boggs is a vice president and senior portfolio manager at Mellon Capital. Boggs has been with Mellon Capital since 1993, and has been an assistant vice president and senior portfolio manager at Mellon Capital since January 2001. In September 2007, he became dual employees of Dreyfus and Mellon Capital.


Syed A. Zamil

Manager

Start Date

Mar 09, 2017

Tenure

0.48

Tenure Rank

13.7%

Mr. Zamil is a managing director and global investment strategist at Mellon Capital, where he has been employed since October 2015. Prior to joining Mellon Capital, Mr. Zamil was employed from October 2012 until October 2015 by American Century Investments as a portfolio manager and from April 2011 until September 2012 by BlackRock as an investment strategist.


Tenure Analysis

Category Low

0.0

Category High

23.7

Category Average

5.22

Category Mode

2.7