2024-09-13 07:40:00 ET
Summary
- The fund outperformed market weakness in April, but this advantage was lost over the last two months of the quarter as a greater appetite for risk prevailed.
- The fund’s underperformance was attributable in large part to the underweight in the technology sector and stock disappointments within the financials and consumer sectors.
- The fund benefited most from stock selection in the basic materials and industrials sectors.
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BNY Mellon Global Equity Income Fund Q2 2024 Commentary