Two Dreyfus Funds Named "Best-in-Class" by Lipper
Dreyfus provides unique access to 16 world-class asset managers, including our Newton and Standish affiliates, making institutional investment expertise available to retail investors. Lipper’s recognition of these best-in-class funds underscores the expertise of Newton and Standish investment professionals that respectively manage each fund:
- Because of its ‘global’ approach to researching and selecting dividend paying stocks, Dreyfus Global Equity Income Fund has been able to capture favorable income yielding opportunities among stocks worldwide and reward investors with competitive total returns over the last three years.
- The Dreyfus International Bond Fund strives to provide consistent returns in various market environments through an emphasis on sector rotation, broad market exposure and active currency management, as well as vigorous risk management.
These Lipper awards help demonstrate that excellent investment performance is Dreyfus and BNY Mellon Investment Management's number one priority.
The Ratings reflect past performance, which is no guarantee of future results. Share price and investment return fluctuate and an investor’s shares may be worth more or less than original cost upon redemption.
Lipper Fund Awards recognize funds that have excelled in delivering consistently strong risk-adjusted performance, relative to their peers, for the 3-, 5- and 10-year periods, as determined by having achieved the highest Lipper Leader for Consistent Return value within each eligible classification over an individual time period. Lipper Fund Awards and Lipper Leaders for Consistent Return may be the best fit for investors who value a fund’s year-to-year consistency relative to other funds in a particular peer group.
Investors should consider the investment objectives, risks, charges, and expenses of the mutual fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about a fund, and read it carefully before investing.
Source: Lipper Inc. Lipper Leader for Consistent Return reflects a fund’s historical risk-adjusted returns, adjusted for volatility, relative to peers as of 11/30/12. The Lipper ratings are subject to change every month and are based on an equal-weighted average of percentile ranks for the Consistent Return metrics over 3-, 5- and 10-year periods. Twenty percent of the names in each category are designated Lipper Leaders. Lipper ratings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. Lipper Leader ratings are designed to assist investors in making asset allocation decisions and investors are urged to consult with their advisor for this purpose.
Investors are cautioned that some peer groups are inherently more volatile than others, and even Lipper Leaders for Consistent Return in the most volatile groups may not be well suited to shorter-term goals or less risk-tolerant investors. For a detailed explanation, please review the Lipper Fund Award and Lipper Leaders methodology document on www.lipperweb.com.
Equity funds are subject generally to market, market sector, market liquidity, issuer and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund's prospectus.
Bond funds are subject generally to interest rate, credit, liquidity, prepayment and extension, derivative and market risks, to varying degrees, all of which are more fully described in the fund’s prospectus. Generally, all other factors being equal, bond prices move in the opposite direction of interest rate changes.
Investing internationally involves special risks, including changes in currency exchange rates, political and economic instability, less market liquidity, lack of comprehensive company information, and differing auditing and legal standards. Emerging markets tend to be more volatile than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries.
High yield bonds involve increased credit and liquidity risk compared with higher-quality bonds. Below-investment-grade bonds are considered speculative as to the continuing ability of an issuer to make interest payments and repay principal.
No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment.
Investments in foreign currencies are subject to the risk that those currencies will decline in value relative to the U.S. dollar or, in the case of hedged positions, that the U.S. dollar will decline relative to the currency being hedged. Currency exchange rates may fluctuate significantly over short periods of time. Foreign currencies are also subject to risks caused by inflation, interest rates, budget deficits and low savings rates, political factors and government intervention and controls.
*The Dreyfus Corporation is a subsidiary of BNY Mellon and investment adviser to the Dreyfus Global Equity Income Fund and the Dreyfus International Bond Fund. Dreyfus has engaged Newton, a Dreyfus affiliate, to serve as sub-adviser to manage Dreyfus Global Equity Income Fund and manage its investment portfolio on a daily basis.
Portfolio managers from Standish Mellon Asset Management Company LLC, a Dreyfus affiliate, manage Dreyfus International Bond Fund pursuant to a dual-employee relationship with Dreyfus, applying Standish's proprietary investment process to the fund.
The video on this page solely represents the view of the portfolio manager as of the date of the release, and does not necessarily reflect the views of Thomson Reuters, BNY Mellon or any of its subsidiaries.