BMIIX Fees and Costs — BNY Mellon Income Stock Fund, Class I
Data updated: 2026-01-26
The net expense ratio is 0.90%: a 0.65% management fee plus 0.32% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $99K in broker commissions, 0.0531% of average net assets, and portfolio turnover was 92%.
BMIIX Fees and Expenses
Annual operating expenses and sales charges of BMIIX. Prospectus, as of August 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.32% |
| Gross expense ratio | 0.97% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BMIIX Costs Over Time
On $10,000 invested in BMIIX, assuming 5% a year before costs, total costs come to $597 over 5 years, cutting the return by 1.00% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $6 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $328 | $597 |
| Value after costs | $10,400 | $11,248 | $12,166 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
BMIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0531%
- Total broker commissions: $99K
- Bought from dealers (principal trades, not a cost): $353.7M
- Portfolio turnover (prospectus): 92%
- Securities on loan, average value: —
- Net income from securities lending: —
BMIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $17K | 23.37% |
| LEERINK PARTNERS LLC | $8K | 10.84% |
| J.P. Morgan Securities LLC | $8K | 10.51% |
| Stifel, Nicolaus & Company, Incorporated | $7K | 9.62% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $6K | 8.69% |
| WELLS FARGO SECURITIES, LLC | $6K | 8.50% |
| PIPER SANDLER & CO. | $6K | 8.26% |
| MORGAN STANLEY & CO. LLC | $6K | 8.01% |
| RBC CAPITAL MARKETS, LLC | $5K | 6.47% |
| KEEFE, BRUYETTE & WOODS, INC. | $4K | 5.73% |
BMIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $41.1M | 15.73% |
| MORGAN STANLEY & CO. LLC | $36.3M | 13.91% |
| PIPER SANDLER & CO. | $29.8M | 11.41% |
| Stifel, Nicolaus & Company, Incorporated | $26.9M | 10.30% |
| JEFFERIES LLC | $26.0M | 9.98% |
| TD SECURITIES (USA) LLC | $25.9M | 9.92% |
| J.P. Morgan Securities LLC | $22.1M | 8.48% |
| LEERINK PARTNERS LLC | $21.0M | 8.06% |
| WELLS FARGO SECURITIES, LLC | $16.3M | 6.25% |
| RBC CAPITAL MARKETS, LLC | $15.5M | 5.96% |
BNY Mellon Income Stock Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BMIIX | Class I | 0.90% | none |
| BMIYX | Class Y | 0.90% | none |
| MPISX | Class M | 0.90% | — |
| BMIAX | Class A | 1.15% | 5.75% |
| MIISX | Investor Shares | 1.15% | — |
| BMISX | Class C | 1.90% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.