The execution of BNY Mellon Global Fixed Income’s flexible mandate has courted risk at inopportune times, warranting a downgrade of its Morningstar Analyst Rating to Neutral from Bronze for its cheapest share classes, while its priciest share class is rated Negative.
BNY Mellon Global Fixed Income - C DHGCX
NAV / 1-Day Return
22.04
/
0.09
%
Total Assets
3.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.550%
Expense Ratio
1.550%
Fee Level
Low
Longest Manager Tenure
14.87
years
Category
World Bond-USD Hedged
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
1,000
Status
Open
TTM Yield
1.95%
Effective Duration
7.02
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will DHGCX 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 DHGCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DHGCX 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 DHGCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The implementation of this world-bond offering holds it back.
