DAGXX Fees and Costs — Dreyfus Government Cash Management, Administrative Shares
Data updated: 2026-05-29
The net expense ratio is 0.27%: a 0.20% management fee plus 0.11% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees.
DAGXX Fees and Expenses
Annual operating expenses and sales charges of DAGXX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.11% |
| Gross expense ratio | 0.31% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DAGXX Costs Over Time
On $10,000 invested in DAGXX, assuming 5% a year before costs, total costs come to $171 over 5 years, cutting the return by 0.28% 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 0.27%) | $28 | $89 | $156 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $28 | $94 | $171 |
| Value after costs | $10,472 | $11,483 | $12,591 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
DAGXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $13.20T
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
DAGXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.98T | 29.61% |
| WELLS FARGO SECURITIES, LLC | $1.40T | 13.95% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $1.39T | 13.81% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $894.2B | 8.89% |
| TD SECURITIES (USA) LLC | $864.4B | 8.59% |
| Daiwa Capital Markets America, Inc. | $562.9B | 5.60% |
| HSBC SECURITIES (USA), INC. | $522.6B | 5.20% |
| Santander Investment Securities Inc. | $503.2B | 5.00% |
| CREDIT AGRICOLE SECURITIES (USA) INC. | $488.0B | 4.85% |
| STATE STREET GLOBAL MARKETS, LLC | $451.1B | 4.49% |
Dreyfus Government Cash Management Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DBLXX | Bold Shares | 0.16% | — |
| DGCXX | Institutional Shares | 0.16% | — |
| SPKXX | Spark Shares | 0.16% | — |
| IPSXX | C000275993 | 0.19% | — |
| DAGXX | Administrative Shares | 0.27% | — |
| SPFXX | C000275994 | 0.30% | — |
| DGQXX | Wealth Shares | 0.42% | — |
| DGVXX | Investor Shares | 0.42% | — |
| DBFXX | BOLD Future Shares | 0.47% | — |
| DPGXX | Participant Shares | 0.57% | — |
| DGUXX | Service Shares | 0.96% | — |
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.