BYSAX Fees and Costs — BNY Mellon Short Term Income Fund, Class A
Data updated: 2026-09-22
The net expense ratio is 0.65%: a 0.30% management fee plus 0.67% other expenses, less a 0.32% fee waiver. This share class carries a maximum front-end sales load of 2.50%. In fiscal 2025 the fund paid $2K in broker commissions, 0.0029% of average net assets, and portfolio turnover was 127%.
BYSAX Fees and Expenses
Annual operating expenses and sales charges of BYSAX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.67% |
| Gross expense ratio | 0.97% |
| Fee waiver | −0.32% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| 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 |
BYSAX Costs Over Time
On $10,000 invested in BYSAX, assuming 5% a year before costs, total costs come to $720 over 5 years, cutting the return by 1.21% 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 |
| Sales charges | $250 | $250 | $250 |
| Fund expenses (net expense ratio 0.65%) | $67 | $208 | $363 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $12 | $50 | $106 |
| Total costs | $329 | $509 | $720 |
| Value after costs | $10,171 | $11,067 | $12,043 |
| Impact on return, per year | 3.29% | 1.56% | 1.21% |
BYSAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0029%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $122.7M
- Portfolio turnover (prospectus): 127%
- Securities on loan, average value: $5.4M
- Net income from securities lending: $15K (0.017% of average net assets)
BYSAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 45.85% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $988 | 39.63% |
| MORGAN STANLEY & CO. LLC | $362 | 14.52% |
BYSAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO CAPITAL MARKETS CORP. | $23.5M | 23.70% |
| J.P. Morgan Securities LLC | $18.8M | 18.97% |
| MORGAN STANLEY & CO. LLC | $13.3M | 13.43% |
| CITADEL SECURITIES LLC | $10.0M | 10.09% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $8.3M | 8.36% |
| GOLDMAN SACHS & CO. LLC | $6.5M | 6.57% |
| JANE STREET CAPITAL, LLC | $5.7M | 5.77% |
| CitiGroup Global Markets Inc. | $5.1M | 5.13% |
| BARCLAYS CAPITAL, INC. | $4.6M | 4.61% |
| WELLS FARGO SECURITIES, LLC | $3.3M | 3.37% |
BNY Mellon Short Term Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BYSIX | Class I | 0.40% | none |
| BYSYX | Class Y | 0.40% | none |
| DSTIX | Class D | 0.60% | none |
| BYSAX | Class A | 0.65% | 2.50% |
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.