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BNY Mellon Global Fixed Income - A DHGAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See BNY Mellon Investment Hub

Morningstar’s Analysis DHGAX

Will DHGAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DHGAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DHGAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DHGAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A structured approach to global multisector investing.

Analyst Giovanni Cafaro

Giovanni Cafaro

Analyst

Summary

BNY Mellon Global Fixed Income is guided by stable and experienced managers implementing a structured process for security selection and portfolio construction. That said, the execution and hedging of the strategy’s currency stakes have at times detracted and the team has experienced turnover. This results in maintaining the Morningstar Medalist Rating of Neutral for most share classes and Negative for its most-expensive share class.

by Giovanni Cafaro
Rated on Published on

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