DIOYX Fees and Costs — BNY Mellon Broad Opportunities Fund, Class Y
Data updated: 2020-09-25
The net expense ratio is 1.04% (1.56% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $4K in broker commissions, 0.0146% of average net assets, and portfolio turnover was 52%.
DIOYX Fees and Expenses
Annual operating expenses and sales charges of DIOYX. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.72% |
| Gross expense ratio | 1.56% |
| Fee waiver | −0.52% |
| Net expense ratio | 1.04% |
| 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 |
DIOYX Costs Over Time
On $10,000 invested in DIOYX, assuming 5% a year before costs, total costs come to $659 over 5 years, cutting the return by 1.11% 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 1.04%) | $109 | $341 | $590 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $111 | $362 | $659 |
| Value after costs | $10,389 | $11,214 | $12,104 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
DIOYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0146%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $13.6M
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
DIOYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $799 | 20.95% |
| UBS SECURITIES LLC | $568 | 14.89% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $527 | 13.82% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $476 | 12.48% |
| J.P. MORGAN SECURITIES LLC | $433 | 11.35% |
| CITIGROUP GLOBAL MARKETS INC. | $377 | 9.88% |
| COWEN AND COMPANY | $215 | 5.64% |
| GOLDMAN SACHS & CO. LLC | $186 | 4.88% |
| TD AMERITRADE CLEARING, INC. | $176 | 4.61% |
| BARCLAYS CAPITAL INC. | $57 | 1.49% |
DIOYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $1.5M | 14.69% |
| JANE STREET CAPITAL, LLC | $1.5M | 14.18% |
| UBS SECURITIES LLC | $1.3M | 12.17% |
| RBS SECURITIES INC. | $1.2M | 11.84% |
| MORGAN STANLEY & CO. LLC | $1.2M | 11.26% |
| CITIGROUP GLOBAL MARKETS INC. | $1.1M | 10.35% |
| GOLDMAN SACHS & CO. LLC | $841K | 8.05% |
| DEUTSCHE BANK SECURITIES INC. | $787K | 7.53% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $651K | 6.23% |
| FLOW TRADERS U.S. LLC | $387K | 3.70% |
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.