BNY Mellon Global High Yield Bond Fund Institutional W Accumulation
ISIN GB00B7KWF216 / Valor 19486963
BNY Mellon Global High Yield Bond Fund Institutional W Accumulation
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The BNY Mellon Global High Yield Bond Fund seeks to generate medium-term income by investing worldwide in a diverse mix of mainly higher-yield, lower-rated bonds. Over 80% of its holdings are in sterling-denominated or hedged fixed income securities, with at least 75% of the portfolio made up of bonds rated below investment grade. The fund also includes investments in emerging markets, contingent convertible securities (CoCos), and other debt instruments, using derivatives to help achieve its income objectives and manage risk.
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