BNY Mellon Global Credit Fund USD L Inc
ISIN IE000XCITKR2 / Valor 12534400
BNY Mellon Global Credit Fund USD L Inc
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The BNY Mellon Global Credit Fund aims to deliver total returns by investing in a wide array of global credit markets without focusing on specific regions or sectors. Its portfolio includes government-issued non-credit debt and debt-related securities, asset-backed and mortgage-backed securities, and subordinated debt instruments. The fund also engages in both long and short positions and utilizes derivatives to manage risk and enhance returns. Additionally, it allocates a significant portion to emerging markets while excluding investments in companies involved in activities deemed harmful to the environment or society, ensuring that all corporate holdings adhere to strong governance practices and sustainable investment standards.
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