DISAX Fees and Costs — BNY Mellon International Stock Fund, Class A
Data updated: 2026-07-24
The net expense ratio is 1.23%: a 0.85% management fee plus 0.38% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $1.2M in broker commissions, 0.0231% of average net assets, and portfolio turnover was 9%.
DISAX Fees and Expenses
Annual operating expenses and sales charges of DISAX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.23% |
| Fee waiver | — |
| Net expense ratio | 1.23% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DISAX Costs Over Time
On $10,000 invested in DISAX, assuming 5% a year before costs, total costs come to $1,469 over 5 years, cutting the return by 2.54% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.23%) | $122 | $379 | $655 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $29 | $110 | $226 |
| Total costs | $728 | $1,071 | $1,469 |
| Value after costs | $9,772 | $10,506 | $11,294 |
| Impact on return, per year | 7.28% | 3.34% | 2.54% |
DISAX 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): 0.0231%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): $2.3B
- Portfolio turnover (prospectus): 9%
- Securities on loan, average value: $17.8M
- Net income from securities lending: $28K (0.001% of average net assets)
DISAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $228K | 21.01% |
| RBC CAPITAL MARKETS, LLC | $151K | 13.97% |
| LIQUIDNET, INC. | $147K | 13.57% |
| INSTINET, LLC | $143K | 13.18% |
| TD SECURITIES (USA) LLC | $94K | 8.70% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $74K | 6.79% |
| CLSA Americas, LLC | $69K | 6.38% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $69K | 6.37% |
| BNP Paribas Securities Corp. | $68K | 6.31% |
| MORGAN STANLEY & CO. LLC | $40K | 3.71% |
DISAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| LIQUIDNET, INC. | $408.9M | 20.37% |
| RBC CAPITAL MARKETS, LLC | $316.8M | 15.78% |
| JEFFERIES LLC | $284.8M | 14.19% |
| TD SECURITIES (USA) LLC | $236.0M | 11.76% |
| INSTINET, LLC | $178.7M | 8.90% |
| BNP PARIBAS SECURITIES CORP. | $171.7M | 8.56% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $118.7M | 5.92% |
| MORGAN STANLEY & CO. LLC | $100.5M | 5.01% |
| CLSA AMERICAS, LLC | $98.5M | 4.91% |
| GOLDMAN SACHS & CO. LLC | $92.6M | 4.61% |
BNY Mellon International Stock Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DISYX | Class Y | 0.88% | none |
| DISRX | Class I | 0.93% | none |
| DISAX | Class A | 1.23% | 5.75% |
| DISCX | Class C | 1.99% | 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.