The execution of BNY Mellon International Bond’s flexible mandate has courted risk at inopportune times, warranting a downgrade of its Morningstar Analyst Rating to Neutral from Bronze for all share classes.
BNY Mellon International Bond C DIBCX
NAV / 1-Day Return
14.80
/
0.74
%
Total Assets
390.4 Mil
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.
1.680%
Expense Ratio
1.680%
Fee Level
Average
Longest Manager Tenure
11.05
years
Category
World Bond
Credit Quality / Interest Rate Sensitivity
Medium / ExtensiveMin. Initial Investment
1,000
Status
Open
TTM Yield
2.09%
Effective Duration
7.82
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 DIBCX 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 DIBCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DIBCX 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 DIBCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The implementation of this world-bond offering holds it back.
