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.
BNY Mellon Global Fixed Income - A DHGAX
- NAV / 1-Day Return 19.50 / −0.51 %
- Total Assets 2.5 Bil
-
Adj. Expense Ratio
0.840%
- Expense Ratio 0.840%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Global Bond-USD Hedged
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.89%
- Effective Duration 6.10 years
USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:20 AM GMT+0
Morningstar’s Analysis DHGAX
Will DHGAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Forward Exchange Contract Usd | 10.10 | 247.5 Mil | Derivative |
Forward Exchange Contract Usd | 9.87 | 241.9 Mil | Derivative |
Forward Exchange Contract Usd | 9.55 | 234.0 Mil | Derivative |
10 Year Treasury Note Future June 24 | 8.09 | 198.3 Mil | Government |
United States Treasury Notes 4% | 4.32 | 105.7 Mil | Government |
5 Year Treasury Note Future June 24 | 4.27 | 104.7 Mil | Government |
Forward Exchange Contract Usd | 4.11 | 100.6 Mil | Derivative |
Forward Exchange Contract Usd | 3.65 | 89.5 Mil | Derivative |
The Republic of Korea 4.25% | 3.50 | 85.8 Mil | Government |
United States Treasury Notes 4% | 3.43 | 84.1 Mil | Government |