BNY Mellon Diversified Emerging Markets Fund Class I
SBCEX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- BNY Mellon Diversified Emerging Markets Fund Class I (SBCEX) is a mutual fund that seeks long-term growth of capital through investments in equity securities of companies located in emerging market countries. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in such equity securities or instruments with similar economic characteristics, including underlying funds focused on emerging markets as defined by the Morgan Stanley Capital International Emerging Markets Index; it employs a fund-of-funds and manager-of-managers approach, allocating assets across strategies such as the Active Equity Strategy (bottom-up stock selection emphasizing low price multiples and positive earnings trends), Multi-Factor Equity Strategy (quantitative model ranking stocks by composite alpha), and BNY Mellon Global Emerging Markets Fund (fundamental analysis targeting quality companies with strong return on capital). Share classes include A (DBEAX), C (DBECX), I (SBCEX), and Y (SBYEX), with varying expense ratios (e.g., 1.56% for Class I after waivers); the fund targets institutional and retail investors seeking diversified exposure to emerging and frontier markets, principally common stocks across all market capitalizations. It was incepted on March 31, 2009, as part of BNY Mellon Investment Funds I, managed by BNY Mellon Investment Adviser, Inc., with sub-advisory from Newton Investment Management North America, LLC (NIMNA), and is headquartered at 240 Greenwich Street, New York, NY, within BNY Mellon's global operations spanning North America and other regions. In a major strategic shift, the Board of Trustees approved the fund's liquidation effective on or about May 12, 2023, following its closure to most new investments on April 11, 2023 (except limited group retirement plan activity); prior to liquidation, the portfolio was liquidated into cash or redemptions of underlying holdings, with sales loads and contingent deferred sales charges waived, potentially triggering taxable events for shareholders. Assets held in BNYM Adviser Retirement Plans were exchanged for shares of Dreyfus Government Cash Management; this followed a strategy change on January 31, 2014, from direct bottom-up stock picking to the current multi-manager model, and amid a portfolio turnover of 46.15% in the most recent fiscal year.