Fund Facts  

Inception Date: Dec 30, 2005
CUSIP: 261980684
Ticker Symbol: DIBAX
Morningstar Category:World Bond
As of Mar 31, 2018
Fund Net Assets ($millions) $1,060

Documents for Fund or Underlying Fund(s)  



The investment seeks to maximize total return through capital appreciation and income.

Principal Investment Strategies  

The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed-income securities. It also normally invests at least 65% of its assets in non-U.S. dollar denominated fixed-income securities of foreign governments and companies located in various countries, including emerging markets. The fund may invest up to 25% of its assets in emerging markets generally and up to 5% of its assets in any single emerging market country. It is non-diversified.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.


Performance & Expenses

Standard Performance As of Mar 31, 2018
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Dreyfus International Bond Aa4.42%4.42%12.11%3.41%2.35%4.52%6.01%
Bloomberg Barclays Global Agg Ex US Bond Indexa,b3.62%3.62%11.75%4.63%1.23%1.85%N/A
Morningstar World Bonda,c1.13%1.13%5.85%2.80%1.43%3.05%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit

Fund Expensesa,d
Gross Expenses1.25%
Net Expenses1.02%


a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2018 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The Bloomberg Barclays Global Aggregate Ex US Bond Index consists of global investment-grade fixed income securities excluding US Dollar denominated debt.

c. The Morningstar category represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

d. Differences between the net and gross expense ratios of a fund are typically due to fee waivers, expense reimbursements, and/or expense limits.


Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
May 1, 2018May 1, 2018$0.049000000
Dec 28, 2017Dec 28, 2017$0.484000000
Nov 1, 2017Nov 1, 2017$0.076000000
Dec 29, 2016Dec 29, 2016$0.021400000
Nov 1, 2016Nov 1, 2016$0.027000000
Dec 30, 2015Dec 30, 2015$0.435000000
Nov 2, 2015Nov 2, 2015$0.086000000
Aug 3, 2015Aug 3, 2015$0.078000000
May 1, 2015May 1, 2015$0.073000000
Dec 30, 2014Dec 30, 2014$0.427000000
Nov 3, 2014Nov 3, 2014$0.072000000
Aug 1, 2014Aug 1, 2014$0.070000000
May 1, 2014May 1, 2014$0.055000000
Dec 27, 2013Dec 27, 2013$0.070000000
Nov 1, 2013Nov 1, 2013$0.039000000
Aug 1, 2013Aug 1, 2013$0.062000000

Morningstar Information

Morningstar RatingTM   As of Mar 31, 2018
Period Stars Category Size
Overall 4 Stars264
3-Year 3 Stars264
5-Year 4 Stars236
10-Year 4 Stars133

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating⁄40% three–year rating for 60–119 months of total returns, and 50% 10–year rating⁄30% five–year rating⁄20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Mar 31, 2018
Fixed Income Stylebox
Medium Extensive
Allocation of Assets As of Jan 31, 2018
Type of Asset Percent
Fixed Income94%

Due to rounding, percentages shown may not add up to 100%.



Allocation of Assets As of Jan 31, 2018
Asset ClassPercent
Domestic Stock0.0%
Foreign Stock0.0%
Domestic Bond19.4%
Foreign Bond74.7%

Due to rounding, percentages shown may not add up to 100%.

Fixed Income Sector As of Jan 31, 2018
Cash & Equivalents5.4%

Exposure reflects fixed income securities only and will sum to the fixed income exposure of the fund.

Credit Quality As of Dec 31, 2017
Quality LevelPercent
Below B0.4%
Not Rated0.3%

Due to rounding, percentages shown may not add up to 100%. Exposure reflects fixed income securities only.

Top Ten Holdings As of Jan 31, 2018
Holding NamePercent
Japan(Govt Of) 0.1%10.6%
Euro BOBL Future Mar189.4%
Australian 3 Yr 6%5.9%
Ultra 10 Yr Us Treasury Note5.5%
Notional Euro 30 Year Bond4.6%
United Kingdom (Government Of) 3.5%3.6%
Euro OAT Mar183.6%
Italy(Rep Of) 1.25%3.5%
Japan(Govt Of) 0.5%3.4%
Australia(Cmnwlth) 1.75%2.9%


Duration and Maturity As of Dec 31, 2017
Average Effective Duration4.46 years
Average Effective Maturity11.50 years
Portfolio Statistics As of Mar 31, 2018
Standard Deviation7.035.95



Please read the fund's prospectus or disclosure materials carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, emailing, or visiting

The source for this information is Morningstar, Inc. Copyright © 2018 Morningstar, Inc.™ All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.