BNY Mellon Global Fixed Income is guided by stable and experienced managers implementing a structured process for security selection and portfolio construction. That said, in recent years, the execution and hedging of the strategy’s currency stakes has often detracted and the team has experienced turnover. This results in a Morningstar Analyst Rating of Neutral for most share classes and a Negative rating for its most-expensive share class.
Morningstar’s Fund Analysis SDGIX
Will SDGIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SDGIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SDGIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SDGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.