BNY Mellon International Equity Fund Q1 2025 Commentary
Source: SeekingAlpha
2025-05-26 11:48:00 ET
Summary
- BNY Mellon International Equity Fund outperformed its benchmark index, the MSCI EAFE (“the index”), during the first quarter of 2025.
- At the stock level, portfolio holdings that contributed positively to the quarterly return included BAE Systems and Siemens.
- Japanese industrial textile business Itochu was a notable detractor. There was speculation of a potential acquisition bid during the quarter.
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BNY Mellon International Equity Fund Q1 2025 Commentary
Itochu Corporation
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