DCPAX Fees and Costs — BNY Mellon Core Plus Fund, Class A
Data updated: 2026-09-24
The net expense ratio is 0.70%: a 0.35% management fee plus 0.37% other expenses, less a 0.02% fee waiver. This share class carries a maximum front-end sales load of 4.50%. In fiscal 2026 the fund paid $167K in broker commissions, 0.0066% of average net assets, and portfolio turnover was 83%.
DCPAX Fees and Expenses
Annual operating expenses and sales charges of DCPAX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.37% |
| Gross expense ratio | 0.72% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| 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 |
DCPAX Costs Over Time
On $10,000 invested in DCPAX, assuming 5% a year before costs, total costs come to $999 over 5 years, cutting the return by 1.70% 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 | $450 | $450 | $450 |
| Fund expenses (net expense ratio 0.70%) | $70 | $220 | $382 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $23 | $82 | $163 |
| Total costs | $543 | $754 | $999 |
| Value after costs | $9,957 | $10,823 | $11,764 |
| Impact on return, per year | 5.43% | 2.33% | 1.70% |
DCPAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0066%
- Total broker commissions: $167K
- Bought from dealers (principal trades, not a cost): $4.8B
- Portfolio turnover (prospectus): 83%
- Securities on loan, average value: $43.2M
- Net income from securities lending: $116K (0.005% of average net assets)
DCPAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $59K | 35.62% |
| CITIGROUP GLOBAL MARKETS INC. | $51K | 30.36% |
| J.P. MORGAN SECURITIES LLC | $16K | 9.64% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $16K | 9.33% |
| GOLDMAN SACHS & CO. LLC | $14K | 8.36% |
| BARCLAYS CAPITAL, INC. | $10K | 6.24% |
| UBS SECURITIES LLC | $749 | 0.45% |
DCPAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $1.1B | 30.20% |
| J.P. MORGAN SECURITIES LLC | $531.4M | 14.56% |
| CITIGROUP GLOBAL MARKETS INC. | $426.8M | 11.69% |
| GOLDMAN SACHS & CO. LLC | $292.6M | 8.02% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $285.5M | 7.82% |
| DEUTSCHE BANK SECURITIES, INC. | $273.4M | 7.49% |
| BARCLAYS CAPITAL, INC. | $227.3M | 6.23% |
| TD SECURITIES (USA) LLC | $217.9M | 5.97% |
| BMO CAPITAL MARKETS CORP. | $152.0M | 4.17% |
| WELLS FARGO SECURITIES, LLC | $140.7M | 3.86% |
BNY Mellon Core Plus Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DCPYX | Class Y | 0.40% | none |
| DCPIX | Class I | 0.45% | none |
| DCPAX | Class A | 0.70% | 4.50% |
| DCPCX | Class C | 1.45% | 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.