Fund Evaluator:

BNY Mellon International Stock Index I Overview

BNY Mellon International Stock Index I (DINIX) is a passively managed International Equity Foreign Large Blend fund. BNY Mellon launched the fund in 2016.

The investment seeks to match the performance of the Morgan Stanley Capital International Europe, Australasia, Far East (MSCI EAFE) Index. The fund generally is fully invested in stocks included in the MSCI EAFE Index and in futures whose performance is tied to certain countries included in the index. It generally invests in all stocks included in the index. The fund's investments are selected to match the benchmark composition along individual name, country and industry weighting, and other benchmark characteristics. It maintains approximately the same weighting for each stock as the index does.

About BNY Mellon International Stock Index I (DINIX)

There are 5 members of the management team with an average tenure of 5.76 years: Marlene Walker-Smith (2020), David France (2020), Todd Frysinger (2020), Vlasta Sheremeta (2020), Michael Stoll (2020). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI EAFE NR USD index with a weighting of 100%. BNY Mellon International Stock Index I has 677 securities in its portfolio. The top 10 holdings constitute 14.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

BNY Mellon International Stock Index I is part of the Equity global asset class and is within the International Equity fund group. BNY Mellon International Stock Index I has 97.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.3%. There is 97.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). BNY Mellon International Stock Index I has 0.8% of the portfolio in cash.

Assets Under Management

The fund has $90 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

DINIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The BNY Mellon International Stock Index I expense ratio is below average compared to funds in the Foreign Large Blend category. BNY Mellon International Stock Index I has an expense ratio of 0.35%, which is 63% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. BNY Mellon International Stock Index I has a portfolio turnover rate of 3%, indicating that holds its assets around 0.3 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.

Recently, in the month of July 2026, BNY Mellon International Stock Index I returned 1.6%, which earned it a grade of B, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

BNY Mellon International Stock Index I has a trailing yield of 3.25%, which is above the 2.17% category average. The fund normally distributes its income annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

BNY Mellon International Stock Index I Grades

Year to date, the fund has returned 11.6%, 0.0 percentage points better than the category, which translates into a grade of C. The fund has returned 24.2% over the past year (grade of C), 15.7% over the past three years (grade of C) and 9.0% per year over the past five years (grade of B) and 9.1% per year over the past 10 years (grade of C).

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