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Trending ETFs

BNY Mellon Global Fixed Income Fund

mutual fund
SDGIX
Payout Change
Pending
Price as of:
$20.13 +0.04 +0.2%
primary theme
N/A
SDGIX (Mutual Fund)

BNY Mellon Global Fixed Income Fund

Payout Change
Pending
Price as of:
$20.13 +0.04 +0.2%
primary theme
N/A
SDGIX (Mutual Fund)

BNY Mellon Global Fixed Income Fund

Payout Change
Pending
Price as of:
$20.13 +0.04 +0.2%
primary theme
N/A

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$20.13

$2.38 B

0.79%

$0.16

0.54%

Vitals

YTD Return

1.6%

1 yr return

6.2%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

1.6%

Net Assets

$2.38 B

Holdings in Top 10

35.4%

52 WEEK LOW AND HIGH

$20.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.54%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 134.26%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$20.13

$2.38 B

0.79%

$0.16

0.54%

SDGIX - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 1.50%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    BNY Mellon Global Fixed Income Fund
  • Fund Family Name
    Dreyfus
  • Inception Date
    Jun 17, 1994
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Leduc

Fund Description

To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in U.S. dollar and non-U.S. dollar-denominated fixed-income securities of governments and companies located in various countries, including emerging markets. The fund invests principally in bonds, notes (including structured notes), mortgage-related securities, asset-backed securities, floating rate loans (limited to up to 20% of the fund's net assets) and other floating rate securities and Eurodollar and Yankee dollar instruments. The fund generally invests in eight or more countries, but always invests in at least three countries, one of which may be the United States. The fund may invest up to 25% of its assets in emerging markets. At times, the fund may invest a substantial part of its assets in any one country.

The fund normally invests primarily in fixed-income securities rated, at the time of purchase, investment grade (i.e., Baa/BBB or higher) or, if unrated, determined to be of comparable quality by Insight North America LLC, the fund's sub-adviser. The fund, however, may invest up to 25% of its assets in securities rated, at the time of purchase, below investment grade ("high yield" or "junk" bonds), but not rated lower than B, or, if unrated, determined to be of comparable quality by the fund's sub-adviser.

There are no restrictions on the dollar-weighted average maturity or average effective duration of the fund's portfolio or on the maturities or durations of the individual fixed-income securities the fund may purchase. A bond's maturity is the length of time until the principal must be fully repaid with interest.  Duration is an indication of an investment's "interest rate risk," or how sensitive a bond or the fund's portfolio may be to changes in interest rates.

The fund's sub-adviser focuses on identifying undervalued government bond markets, currencies, sectors and securities and de-emphasizes the use of interest rate forecasting. The sub-adviser looks for fixed-income securities with the potential for credit upgrades, unique structural characteristics or innovative features. The sub-adviser selects securities by using fundamental economic research and quantitative analysis to allocate assets among countries and currencies, and by focusing on sectors and individual securities that appear to be relatively undervalued and actively trading among sectors.

The fund typically will sell a security if the fund's sub-adviser believes it is overvalued from a valuation standpoint, another sector becomes relatively more attractive, and/or it expects fundamentals to deteriorate.

The fund does not have any limitations regarding portfolio turnover and may engage in short-term trading in seeking to achieve its investment objective.

The fund may use derivative instruments as a substitute for investing directly in an underlying asset, to increase returns, to manage market, foreign currency and/or duration or interest rate risks, or as part of a hedging strategy. The derivative instruments in which the fund may invest typically include options, futures, options on futures, forward contracts and swap agreements. The fund will hedge most, but not necessarily all, of its foreign currency exposure to protect the U.S. dollar value of the fund's assets principally by using forward contracts, futures contracts and swap agreements.

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SDGIX - Performance

Return Ranking - Trailing

Period SDGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -15.2% -2.4% 26.92%
1 Yr 6.2% -10.4% -2.5% 12.21%
3 Yr -0.4%* -1.2% 4.2% 26.27%
5 Yr 1.6%* -0.1% 3.7% 27.84%
10 Yr 2.3%* 0.0% 4.6% 30.56%

* Annualized

Return Ranking - Calendar

Period SDGIX Return Category Return Low Category Return High Rank in Category (%)
2023 5.9% -9.4% -0.6% 86.29%
2022 -13.2% -1.3% 7.0% 10.62%
2021 -6.7% 0.5% 200.9% 13.76%
2020 5.5% -15.5% 3.1% 67.00%
2019 7.8% -0.6% 30.6% 65.38%

Total Return Ranking - Trailing

Period SDGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -15.2% -2.4% 24.62%
1 Yr 6.2% -12.6% -2.5% 10.69%
3 Yr -0.4%* -1.6% 4.2% 22.03%
5 Yr 1.6%* -0.1% 3.7% 23.71%
10 Yr 2.3%* 0.0% 4.6% 29.17%

* Annualized

Total Return Ranking - Calendar

Period SDGIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.8% -9.4% -0.6% 86.29%
2022 -9.3% -1.3% 7.0% 10.62%
2021 -1.5% 0.5% 200.9% 13.76%
2020 8.6% -15.5% 3.3% 84.00%
2019 11.6% 0.1% 30.6% 70.51%

NAV & Total Return History


SDGIX - Holdings

Concentration Analysis

SDGIX Category Low Category High SDGIX % Rank
Net Assets 2.38 B 21.8 M 93.5 B 31.30%
Number of Holdings 417 5 7040 55.30%
Net Assets in Top 10 876 M -839 M 6.06 B 84.09%
Weighting of Top 10 35.40% 6.1% 100.0% 27.27%

Top 10 Holdings

  1. US 10YR NOTE (CBT)JUN24 8.02%
  2. UNITED STATES TREASURY NOTE/BOND 4.27%
  3. US 5YR NOTE (CBT) JUN24 4.23%
  4. KOREA TREASURY BOND 3.47%
  5. UNITED STATES TREASURY NOTE/BOND 3.40%
  6. CHINA GOVERNMENT BOND 2.99%
  7. US 10YR ULTRA FUT JUN24 2.73%
  8. ITALY BUONI POLIENNALI DEL TESORO 2.25%
  9. UNITED STATES TREASURY NOTE/BOND 2.08%
  10. UNITED STATES TREASURY NOTE/BOND 1.97%

Asset Allocation

Weighting Return Low Return High SDGIX % Rank
Bonds
96.23% 36.86% 100.73% 76.52%
Cash
55.73% -2.75% 67.17% 20.45%
Convertible Bonds
0.42% 0.00% 14.16% 91.67%
Stocks
0.00% 0.00% 0.70% 69.70%
Preferred Stocks
0.00% 0.00% 0.73% 13.64%
Other
-52.68% -8.93% 0.72% 53.03%

Bond Sector Breakdown

Weighting Return Low Return High SDGIX % Rank
Government
30.33% 1.71% 97.31% 76.52%
Securitized
11.53% 0.00% 29.11% 20.45%
Corporate
9.82% 0.00% 70.79% 80.30%
Cash & Equivalents
1.06% 0.00% 51.02% 18.94%
Municipal
0.00% 0.00% 3.10% 72.73%
Derivative
-52.68% 0.00% 50.79% 25.00%

Bond Geographic Breakdown

Weighting Return Low Return High SDGIX % Rank
Non US
49.52% 26.05% 98.85% 71.97%
US
46.71% -11.86% 53.57% 45.45%

SDGIX - Expenses

Operational Fees

SDGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.54% 0.02% 1.81% 75.00%
Management Fee 0.40% 0.00% 0.83% 34.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.01% 0.01% 0.45% 8.70%

Sales Fees

SDGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

SDGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

SDGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 134.26% 2.00% 402.00% 90.99%

SDGIX - Distributions

Dividend Yield Analysis

SDGIX Category Low Category High SDGIX % Rank
Dividend Yield 0.79% 0.00% 2.20% 72.73%

Dividend Distribution Analysis

SDGIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

SDGIX Category Low Category High SDGIX % Rank
Net Income Ratio 1.50% -0.30% 3.10% 37.40%

Capital Gain Distribution Analysis

SDGIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Distributions History

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SDGIX - Fund Manager Analysis

Managers

David Leduc


Start Date

Tenure

Tenure Rank

Aug 03, 2006

15.84

15.8%

David Leduc, CFA, Mr. Leduc is an executive vice president and Chief Investment Officer, Head of Fixed Income at Mellon and is responsible for overseeing fixed income investment management activities of Mellon. He has been employed by Mellon or a predecessor company since 1995, and by BNYM Investment Adviser since 2005. David joined Standish Mellon Asset Management Company LLC in 1995 as a portfolio manager and analyst for US domestic fixed income, moving from structured finance to global strategies in 1999. Prior to joining Standish, David spent seven years as an Investment Officer at State Street. He has an M.B.A. from Boston University and a B.S. from the University of Rhode Island. David holds the CFA® designation and has been in investment industry since 1987. David's activities with not-for-profit organizations include serving as senior representative for BNY Mellon Trust Company in its role as Corporate Trustee of the W. K. Kellogg Foundation Trust.

Brendan Murphy


Start Date

Tenure

Tenure Rank

May 01, 2011

11.09

11.1%

Mr. Murphy, CFA, is Head of Global Fixed Income, North America, at INA. He has been employed by INA or a predecessor company of INA since 2005. He was managing director of global and multi-sector strategies. Previously, he served as director and senior portfolio manager of global strategies responsible for managing non-U.S., global and opportunistic bond portfolios. Before being promoted to portfolio manager in 2009, he was a senior trader responsible for trading developed and emerging market non-USD securities as well as all foreign currencies. Mr. Murphy joined Mellon in 2005 from State Street Research, where he was a senior trader responsible for investment grade corporate bonds. He holds a B.A. from Trinity College.

Scott Zaleski


Start Date

Tenure

Tenure Rank

Feb 22, 2018

4.27

4.3%

Scott Zaleski, CFA, Director, Senior Portfolio Manager for the Global Multi-Sector fixed income team. His responsibilities include management of non-US, global and unconstrained fixed income strategies. Previously at the firm, he served as a client portfolio manager for global multi-sector products. Prior to joining the firm in 2014, Scott worked at the Flatley Company where he was a senior portfolio manager responsible for managing the fixed income absolute return strategy. Additional experience includes positions at Wellington Management Company as a fixed income portfolio manager and credit analyst focused on corporate credit and structured products and investment management responsibilities at Putnam and Fidelity. Scott has been in the investment industry since 1990. Scott earned an MS in finance from Boston College and a BS from Skidmore College. He holds the CFA® designation and is a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 31.42 5.43 0.92