MLIMX — BNY Mellon International Equity Income Fund
Data updated: 2024-01-30
MLIMX — BNY Mellon International Equity Income Fund. Developed ex-US Large Cap Blend / Core Industrials Equity. Holdings, fees, performance and SEC filings.
MLIMX Fund Overview
MLIMX — BNY Mellon International Equity Income Fund is a US mutual fund managed by Bny Mellon Funds Trust, categorised as Developed ex-US Large Cap Blend / Core Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Bny Mellon Funds Trust
- Category: Developed ex-US Large Cap Blend / Core Industrials Equity
- Assets under management: $28.08M
- 1-year return: 10.7%
- Ticker: MLIMX
- SEC CIK: 0001111565
- SEC series ID: S000035086
- Share class ID: C000107935
MLIMX Investment Objective and Strategy
BNY Mellon International Equity Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Bny Mellon Funds Trust.
Investment objective
The fund seeks total return (consisting of capital appreciation and income).
Principal investment strategy
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. The fund focuses on dividend-paying stocks of foreign companies, including those in emerging market countries. The fund normally invests substantially all of its assets in the equity securities of issuers located outside the United States and diversifies broadly among developed and emerging market countries. The fund may invest in the stocks of companies of any market capitalization. The fund's portfolio managers select stocks through a disciplined investment process using proprietary quantitative computer models that analyze a diverse set of stock characteristics to identify and rank stocks based on earnings quality. Based on this analysis, the portfolio managers generally select from the higher ranked dividend-paying securities those stocks that they believe will continue to pay above-average dividends.
The portfolio managers will seek to overweight higher dividend-paying stocks, while maintaining country and sector weights generally similar to those of the Morgan Stanley Capital International All Country World Ex-U.S.A. Index (MSCI ACWI Ex-USA), an unmanaged index that measures the equity market performance of developed and emerging market countries, excluding the United States.
MLIMX Holdings
Top 10 holdings of BNY Mellon International Equity Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ishares MSCI Eafe ETF | 2.97% |
| Axa SA | 2.67% |
| Wesfarmers Ltd. | 2.52% |
| Sumco Corp. | 2.18% |
| Imperial Brands PLC | 2.02% |
| Spark New Zealand Ltd. | 1.99% |
| Cez As | 1.94% |
| Swiss Re AG | 1.93% |
| Eni Spa | 1.88% |
| Takeda Pharmaceutical Co. Ltd. | 1.85% |
MLIMX Portfolio Allocation
Asset-class allocation of BNY Mellon International Equity Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.7% |
| Other | 0.2% |
| Cash & Equivalents | 0.1% |
MLIMX Performance
Total returns for MLIMX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 10.7% |
| 3 years (annualised) | 7.2% |
MLIMX Risk Information
Risk metrics for MLIMX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.8%
MLIMX Costs and Fees
MLIMX costs about $162 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.62%
- Gross expense ratio: 1.62%
- Portfolio turnover: 57%
- Brokerage commissions: 8.40 bps of average net assets (SEC N-CEN)
MLIMX Cashflows
Over the 12 months to 2023-11, BNY Mellon International Equity Income Fund had net outflows of $24.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-11 | −$670.47K |
| 2023-10 | −$1.33M |
| 2023-09 | −$388.38K |
| 2023-08 | −$832.66K |
| 2023-07 | −$1.02M |
| 2023-06 | −$1.22M |
MLIMX Debt Constituents
No individual debt constituents are reported in BNY Mellon International Equity Income Fund's latest SEC N-PORT filing.
MLIMX Prospectus and SEC Filings
Official BNY Mellon International Equity Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-12-27
- Prospectus (485BPOS) — filed 2021-12-28
- Prospectus supplement (497) — filed 2023-01-04
- Portfolio holdings (N-PORT) — filed 2024-01-30
- Portfolio holdings (N-PORT) — filed 2023-10-23
- Portfolio holdings (N-PORT) — filed 2023-07-27
- Annual census (N-CEN) — filed 2023-11-03
- Annual census (N-CEN) — filed 2022-11-01
Related Funds
Other Developed ex-US Large Cap Blend / Core Industrials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.