DGEYX
BNY Mellon Global Emerging Markets Fund
BNY Mellon Investment Funds II, Inc.
Expense ratio1
0.91%
Net assets2
$277.06M
Holdings2
47
Category
International Equity
2025 return3
22.83%

Investment objective & strategy

As of Feb. 26, 2026 · prospectus

Objective. The fund seeks long-term capital appreciation.

Strategy. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks and other equity securities (or derivative or other strategic instruments with similar economic characteristics) of companies organized or with their principal place of business, or majority of assets or business, in emerging market countries. The fund considers emerging market countries to be all countries represented in the Morgan Stanley Capital International Emerging Markets Index (MSCI EM Index), the fund's benchmark index. The MSCI EM Index is a free float-adjusted, market-capitalization-weighted index designed to measure the performance of publicly-traded stocks issued by companies in emerging market countries in Africa, Asia, Europe, Latin America, and the Middle East. … To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks and other equity securities (or derivative or other strategic instruments with similar economic characteristics) of companies organized or with their principal place of business, or majority of assets or business, in emerging market countries. The fund considers emerging market countries to be all countries represented in the Morgan Stanley Capital International Emerging Markets Index (MSCI EM Index), the fund's benchmark index. The MSCI EM Index is a free float-adjusted, market-capitalization-weighted index designed to measure the performance of publicly-traded stocks issued by companies in emerging market countries in Africa, Asia, Europe, Latin America, and the Middle East. The fund also may invest in companies organized or with their principal place of business, or majority of assets or business, in developed markets and pre-emerging markets, also known as frontier markets. The fund may invest in equity securities of companies with any market capitalization. The fund may, from time to time, invest a significant portion (more than 20%) of its net assets in securities of companies in certain countries, such as China. Newton Investment Management Limited, an affiliate of BNY Mellon Investment Adviser, Inc., is the fund's sub-adviser. The fund's sub-adviser employs a fundamental bottom-up investment process that emphasizes quality, return on capital employed and governance. The process of identifying investment ideas begins by identifying a core list of investment themes. These themes are based primarily on observable global economic, industrial, or social trends that the sub-adviser believes will positively or negatively affect certain sectors or industries and cause stocks within these sectors or industries to outperform or underperform others. The fund's sub-adviser then identifies specific companies using these investment themes to help it focus on areas where the thematic and strategic research indicates positive returns are likely to be achieved. The fund typically considers selling a security as a result of one or more of the following: there has been a change in the sub-adviser's view of global investment themes (as described above); there has been a significant change in the prospects of the company; a price movement and market activity have created an excessive valuation; unfavorable relative risk/reward balance versus other opportunities; or profit-taking.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
TSMC $31.70M 11.44%
TENCENT HOLDINGS LTD $18.38M 6.63%
SAMSUNG ELECTRONICS CO LTD $13.24M 4.78%
AIA Group Ltd $12.66M 4.57%
HDFC BANK LTD $11.74M 4.24%
SK HYNIX INC $10.14M 3.66%
MARICO LTD $8.35M 3.01%
CREDICORP LTD BAP $8.04M 2.90%
YUTONG BUS CO-A $7.44M 2.68%
Receive CONTEMPORARY A-A Pay Overnight Rate -1 $7.19M 2.60%
View all holdings →

Allocation by sector

As of January 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
9
Exited
13
Increased
15
Decreased
23
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
BNY Mellon Emerging Markets Fund · MEMKX, MIEGX 72% 1.24%
Thornburg Developing World Fund · THDAX, THDCX, THDIX, THDRX, TDWRX 39% 0.94%
Hartford Schroders Emerging Markets Equity Fund · SEMVX, HHHCX, SEMNX, HHHRX, HHHSX, HHHTX, HHHYX, SEMTX, HHHFX 39% 0.97%
View all similar funds →

Advisers

As of October 31, 2025 · N-CEN
FirmRole
BNY Mellon Investment Adviser, Inc. Adviser
Newton Investment Management North America, LLC Sub-adviser
Newton Investment Management Limited Sub-adviser

Footnotes

  1. Expense ratio as of February 26, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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