BNY Mellon International Equity Income Fund
Name
As of 02/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.2%
1 yr return
7.6%
3 Yr Avg Return
4.3%
5 Yr Avg Return
4.3%
Net Assets
$28.8 M
Holdings in Top 10
20.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 44.35%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MLIIX - Profile
Distributions
- YTD Total Return -2.2%
- 3 Yr Annualized Total Return 4.3%
- 5 Yr Annualized Total Return 4.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.80%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameBNY Mellon International Equity Income Fund
-
Fund Family NameBNY Mellon Funds
-
Inception DateDec 15, 2011
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Goslin
Fund Description
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. The fund focuses on dividend-paying stocks of foreign companies, including those in emerging market countries. The fund normally invests substantially all of its assets in the equity securities of issuers located outside the United States and diversifies broadly among developed and emerging market countries. The fund may invest in the stocks of companies of any market capitalization.
The fund's sub-adviser, Newton Investment Management North America, LLC (NIMNA), an affiliate of BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser), selects stocks through a disciplined investment process using proprietary quantitative computer models that analyze a diverse set of stock characteristics to identify and rank stocks based on earnings quality. Based on this analysis, the sub-adviser generally selects from the higher ranked dividend-paying securities those stocks that it believes will continue to pay above-average dividends. The fund will seek to
overweight higher dividend-paying stocks, while maintaining country and sector weights generally similar to those of the Morgan Stanley Capital International All Country World Ex-U.S.A. Index (MSCI ACWI Ex-USA), an unmanaged index that measures the equity market performance of developed and emerging market countries, excluding the United States.
The fund typically sells a stock when, in the view of the fund's sub-adviser, it becomes less attractive based on the stock's dividend yield and/or earnings quality. The fund's sub-adviser also may reduce the weighting of a stock held by the fund if it or the country in which the issuer is located becomes overweighted as determined by the sub-adviser.
MLIIX - Performance
Return Ranking - Trailing
Period | MLIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.2% | -6.1% | 2.5% | 68.67% |
1 Yr | 7.6% | -8.2% | 19.1% | 53.31% |
3 Yr | 4.3%* | -5.3% | 75.5% | 38.13% |
5 Yr | 4.3%* | 0.4% | 45.5% | 83.56% |
10 Yr | 2.8%* | -0.7% | 21.6% | 60.33% |
* Annualized
Return Ranking - Calendar
Period | MLIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.9% | 1.0% | 26.9% | 50.76% |
2022 | -12.1% | -27.8% | 166.1% | 36.92% |
2021 | 7.9% | -66.6% | 64.4% | 47.19% |
2020 | -5.7% | -23.1% | 17.3% | 81.05% |
2019 | 10.7% | 4.4% | 31.6% | 87.92% |
Total Return Ranking - Trailing
Period | MLIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.2% | -6.1% | 2.5% | 68.67% |
1 Yr | 7.6% | -8.2% | 19.1% | 53.31% |
3 Yr | 4.3%* | -5.3% | 75.5% | 38.13% |
5 Yr | 4.3%* | 0.4% | 45.5% | 83.56% |
10 Yr | 2.8%* | -0.7% | 21.6% | 60.33% |
* Annualized
Total Return Ranking - Calendar
Period | MLIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | 5.4% | 31.0% | 54.08% |
2022 | -8.4% | -19.9% | 344.3% | 37.54% |
2021 | 11.9% | -0.2% | 75.3% | 52.81% |
2020 | -1.2% | -20.4% | 18.9% | 80.07% |
2019 | 17.4% | 11.2% | 32.1% | 63.09% |
NAV & Total Return History
MLIIX - Holdings
Concentration Analysis
MLIIX | Category Low | Category High | MLIIX % Rank | |
---|---|---|---|---|
Net Assets | 28.8 M | 1.9 M | 44.7 B | 94.63% |
Number of Holdings | 138 | 2 | 3900 | 36.12% |
Net Assets in Top 10 | 6.2 M | 374 K | 13.7 B | 94.33% |
Weighting of Top 10 | 20.68% | 0.2% | 100.0% | 67.37% |
Top 10 Holdings
- AXA SA 2.69%
- WESFARMERS LTD 2.63%
- TAKEDA PHARMACEUTICAL CO LTD 2.13%
- IMPERIAL BRANDS PLC 2.05%
- SUMCO CORP 2.03%
- SPARK NEW ZEALAND LTD 1.97%
- CEZ AS 1.95%
- ENI SPA 1.84%
- DHL GROUP 1.73%
- SWISS RE AG 1.66%
Asset Allocation
Weighting | Return Low | Return High | MLIIX % Rank | |
---|---|---|---|---|
Stocks | 95.37% | 0.00% | 104.06% | 76.12% |
Cash | 2.75% | 0.00% | 99.01% | 38.81% |
Preferred Stocks | 1.64% | 0.00% | 5.76% | 14.93% |
Other | 0.00% | -1.13% | 38.51% | 60.30% |
Convertible Bonds | 0.00% | 0.00% | 0.15% | 62.09% |
Bonds | 0.00% | 0.00% | 79.53% | 64.18% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MLIIX % Rank | |
---|---|---|---|---|
Financial Services | 23.41% | 0.00% | 42.76% | 31.93% |
Industrials | 12.36% | 1.03% | 36.79% | 62.65% |
Technology | 11.41% | 0.00% | 24.16% | 18.37% |
Consumer Cyclical | 9.44% | 0.00% | 27.46% | 51.81% |
Healthcare | 9.30% | 0.00% | 23.28% | 64.46% |
Consumer Defense | 8.42% | 0.00% | 31.84% | 49.70% |
Energy | 7.93% | 0.00% | 26.59% | 38.25% |
Communication Services | 6.46% | 0.00% | 22.75% | 56.33% |
Basic Materials | 6.32% | 0.00% | 30.76% | 71.08% |
Utilities | 4.52% | 0.00% | 27.46% | 32.23% |
Real Estate | 0.43% | 0.00% | 17.06% | 69.28% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MLIIX % Rank | |
---|---|---|---|---|
Non US | 93.21% | 0.00% | 99.51% | 37.61% |
US | 2.16% | 0.00% | 100.00% | 69.85% |
MLIIX - Expenses
Operational Fees
MLIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.87% | 0.01% | 12.90% | 13.73% |
Management Fee | 0.85% | 0.00% | 1.25% | 88.62% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.03% | 0.47% | 80.21% |
Sales Fees
MLIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MLIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
MLIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 44.35% | 2.00% | 158.16% | 54.83% |
MLIIX - Distributions
Dividend Yield Analysis
MLIIX | Category Low | Category High | MLIIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.32% | 0.00% | 8.10% | 66.77% |
Dividend Distribution Analysis
MLIIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
MLIIX | Category Low | Category High | MLIIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.80% | 0.18% | 7.85% | 32.62% |
Capital Gain Distribution Analysis
MLIIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 01, 2022 | $0.108 | OrdinaryDividend |
Jun 01, 2022 | $0.180 | OrdinaryDividend |
Dec 22, 2021 | $0.216 | OrdinaryDividend |
Sep 01, 2021 | $0.111 | OrdinaryDividend |
Jun 01, 2021 | $0.155 | OrdinaryDividend |
Mar 01, 2021 | $0.023 | OrdinaryDividend |
Dec 22, 2020 | $0.107 | OrdinaryDividend |
Sep 01, 2020 | $0.152 | OrdinaryDividend |
Jun 01, 2020 | $0.101 | OrdinaryDividend |
Mar 02, 2020 | $0.011 | OrdinaryDividend |
Dec 31, 2019 | $0.191 | OrdinaryDividend |
Sep 03, 2019 | $0.139 | OrdinaryDividend |
Jun 03, 2019 | $0.207 | OrdinaryDividend |
Mar 01, 2019 | $0.013 | OrdinaryDividend |
Dec 31, 2018 | $0.201 | OrdinaryDividend |
Sep 04, 2018 | $0.098 | OrdinaryDividend |
Jun 01, 2018 | $0.221 | OrdinaryDividend |
Mar 01, 2018 | $0.032 | OrdinaryDividend |
Dec 29, 2017 | $0.190 | OrdinaryDividend |
Sep 01, 2017 | $0.117 | OrdinaryDividend |
Jun 01, 2017 | $0.087 | OrdinaryDividend |
Mar 01, 2017 | $0.009 | OrdinaryDividend |
Dec 30, 2016 | $0.100 | OrdinaryDividend |
Sep 01, 2016 | $0.102 | OrdinaryDividend |
Jun 01, 2016 | $0.097 | OrdinaryDividend |
Mar 01, 2016 | $0.004 | OrdinaryDividend |
Dec 31, 2015 | $0.055 | OrdinaryDividend |
Dec 31, 2014 | $0.128 | OrdinaryDividend |
Sep 02, 2014 | $0.157 | OrdinaryDividend |
Jun 02, 2014 | $0.295 | OrdinaryDividend |
Mar 03, 2014 | $0.013 | OrdinaryDividend |
Dec 31, 2013 | $0.151 | OrdinaryDividend |
Sep 03, 2013 | $0.154 | OrdinaryDividend |
Dec 31, 2012 | $0.114 | OrdinaryDividend |
Sep 04, 2012 | $0.145 | OrdinaryDividend |
Jun 01, 2012 | $0.228 | OrdinaryDividend |
MLIIX - Fund Manager Analysis
Managers
Peter Goslin
Start Date
Tenure
Tenure Rank
Jul 01, 2015
6.92
6.9%
Peter is a member of Newton’s equity income team. Peter oversees multi-factor equity portfolio management and is responsible for the portfolio management and implementation of systematic equity investment strategies. Peter collaborates with quantitative and fundamental equity researchers to evolve the systematic investment processes and set the research agenda. Peter joined Newton in September 2021, following the integration of Mellon Investments Corporation’s equity and multi-asset capabilities into the Newton Investment Management Group. Before joining Newton, Peter was a senior portfolio manager and trader at Mellon Investments Corporation, Mellon Capital and Mellon Equity Associates (all BNY Mellon group companies). Prior to joining BNY Mellon, Peter worked as a proprietary derivatives trader and NASDAQ market maker for Merrill Lynch in New York. Previously, he ran Merrill’s equity index option desk at the Chicago Mercantile Exchange. Peter has a BS in Finance and Computer Science from St. Vincent College and an MBA in Finance from the University of Notre Dame. He received his CFA designation in 2000 and is a member of the CFA Institute and the CFA Society Pittsburgh.
Tao Wang
Start Date
Tenure
Tenure Rank
Dec 10, 2019
2.47
2.5%
Mr. Wang is a director and senior quantitative analyst focusing on quantitative equity models and portfolios at Mellon. He has been employed by Mellon or a predecessor company since January 2013.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.2 | 29.68 | 7.64 | 0.54 |