DGDIX Fees and Costs — BNY Mellon Global Dynamic Bond Income Fund, Class I
Data updated: 2025-03-25
The net expense ratio is 0.65%: a 0.40% management fee plus 0.44% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $54K in broker commissions, 0.0518% of average net assets, and portfolio turnover was 125%.
DGDIX Fees and Expenses
Annual operating expenses and sales charges of DGDIX. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.65% |
| 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 |
DGDIX Costs Over Time
On $10,000 invested in DGDIX, assuming 5% a year before costs, total costs come to $442 over 5 years, cutting the return by 0.74% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $5 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $242 | $442 |
| Value after costs | $10,426 | $11,334 | $12,321 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
DGDIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0518%
- Total broker commissions: $54K
- Bought from dealers (principal trades, not a cost): $295.1M
- Portfolio turnover (prospectus): 125%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $16K (0.015% of average net assets)
DGDIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $28K | 51.95% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $17K | 32.11% |
| UBS Securities LLC | $5K | 9.88% |
| JANE STREET CAPITAL, LLC | $2K | 2.77% |
| J.P. Morgan Securities LLC | $766 | 1.41% |
| Flow Traders U.S. LLC | $674 | 1.24% |
| GOLDMAN SACHS & CO. LLC | $328 | 0.60% |
| TD SECURITIES (USA) LLC | $18 | 0.03% |
DGDIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $38.2M | 19.19% |
| HSBC SECURITIES (USA), INC. | $33.0M | 16.59% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $19.5M | 9.78% |
| MORGAN STANLEY & CO. LLC | $19.4M | 9.76% |
| DEUTSCHE BANK SECURITIES, INC. | $15.7M | 7.89% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $15.6M | 7.82% |
| WELLS FARGO SECURITIES, LLC | $15.5M | 7.77% |
| BNP PARIBAS SECURITIES CORP. | $15.0M | 7.51% |
| J.P. Morgan Securities LLC | $13.9M | 6.99% |
| BARCLAYS CAPITAL, INC. | $13.4M | 6.71% |
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.