BNY Mellon Global Equity Income Fund Q1 2025 Commentary
Source: SeekingAlpha
2025-05-22 12:31:00 ET
Summary
- BNY Mellon Global Equity Income Fund outperformed its benchmark index, the FTSE World Index (“the index”), during the first quarter of 2025.
- BAE’s share price was boosted by NATO members’ pledges to significantly increase defence spending, due to pressure from the US.
- While headline inflation has been slowing, core inflation is still sticky and the team believes it will remain so as a result of long-term trends such as deglobalization and decarbonization.
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BNY Mellon Global Equity Income Fund Q1 2025 Commentary
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