DBOZX Fees and Costs — BNY Mellon Balanced Opportunity Fund, Class Z
Data updated: 2026-07-24
The net expense ratio is 0.97%: a 0.80% management fee plus 0.29% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $69K in broker commissions, 0.0246% of average net assets, and portfolio turnover was 74%.
DBOZX Fees and Expenses
Annual operating expenses and sales charges of DBOZX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.09% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.97% |
| 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 |
DBOZX Costs Over Time
On $10,000 invested in DBOZX, assuming 5% a year before costs, total costs come to $622 over 5 years, cutting the return by 1.04% 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 0.97%) | $102 | $318 | $551 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $342 | $622 |
| Value after costs | $10,396 | $11,234 | $12,141 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
DBOZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0246%
- Total broker commissions: $69K
- Bought from dealers (principal trades, not a cost): $429.9M
- Portfolio turnover (prospectus): 74%
- Securities on loan, average value: $8.7M
- Net income from securities lending: $14K (0.005% of average net assets)
DBOZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JP MORGAN SECURITIES LLC | $8K | 17.51% |
| GOLDMAN SACHS & CO. LLC | $7K | 14.83% |
| Merrill Lynch Pierce Fenner & Smith Inc | $6K | 11.75% |
| TD SECURITIES (USA) LLC | $5K | 10.41% |
| MORGAN STANLEY & CO. LLC | $5K | 9.46% |
| CITIGROUP GLOBAL MARKETS INC. | $4K | 8.14% |
| PIPER SANDLER & CO. | $4K | 7.48% |
| BARCLAYS CAPITAL, INC. | $4K | 7.48% |
| UBS Securities LLC | $3K | 6.68% |
| LEERINK PARTNERS LLC | $3K | 6.26% |
DBOZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $43.4M | 16.13% |
| JEFFERIES LLC | $35.8M | 13.30% |
| PIPER SANDLER & CO. | $31.6M | 11.75% |
| Merrill Lynch Pierce Fenner & Smith Inc | $29.1M | 10.82% |
| JP MORGAN SECURITIES INC. | $28.5M | 10.61% |
| MORGAN STANLEY & CO. LLC | $28.4M | 10.56% |
| GOLDMAN SACHS & CO. LLC | $22.8M | 8.49% |
| TD SECURITIES (USA) LLC | $17.3M | 6.43% |
| RBC CAPITAL MARKETS, LLC | $16.5M | 6.14% |
| SUSQUEHANNA FINANCIAL GROUP LLLP | $15.5M | 5.77% |
BNY Mellon Balanced Opportunity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DBORX | Class I | 0.90% | none |
| DBOYX | Class Y | 0.90% | none |
| THPBX | Class J | 0.90% | — |
| DBOZX | Class Z | 0.97% | none |
| DBOAX | Class A | 1.15% | 5.75% |
| DBOCX | 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.