- What does BMSI invest in?
- BMSI invests in fixed-income securities, dynamically allocating assets across sectors such as investment grade and high-yield bonds, securitized fixed-income, and developed and emerging market debt. The fund uses proprietary credit research for sector analysis and security selection, evaluating issuer credit risk, management depth, competitive position, and financial strength. Up to 30% of the portfolio may be invested in emerging and frontier markets, with most currency exposure hedged using forward contracts, futures, and swaps. Up to 65% may be allocated to high-yield or unrated equivalent bonds, including structured notes and asset-backed securities. The funds geographic allocation is then based on the global and regional macroeconomic forecasts. External research may also supplement internal analysis, with no restrictions on portfolio maturity or duration. Additionally, BMSIs foreign investments may both be in US-dollar or foreign denomination.
- What is the expense ratio of BMSI?
- BNY Mellon Muti-Sector Income E (BMSI) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.
- What is BMSI's dividend yield?
- BMSI's trailing-twelve-month yield is 0.46%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of BMSI?
- Effective duration measures BMSI's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BMSI's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of BMSI?
- BMSI's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of BMSI?
- Yield to maturity (YTM) is the total return you'd earn from BMSI if every bond in the portfolio is held to maturity at the current price. BMSI's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
