DITEX Fees and Costs — BNY Mellon Intermediate Municipal Bond Fund, Inc.
Data updated: 2026-09-25
The net expense ratio is 0.66%: a 0.45% management fee plus 0.21% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 23%.
DITEX Fees and Expenses
Annual operating expenses and sales charges of DITEX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.21% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DITEX Costs Over Time
On $10,000 invested in DITEX, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% 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 0.66%) | $69 | $217 | $378 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,349 | $12,347 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
DITEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $167.7M
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
DITEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $28.4M | 24.42% |
| MORGAN STANLEY & CO. LLC | $14.8M | 12.70% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $14.1M | 12.12% |
| WELLS FARGO SECURITIES, LLC | $13.9M | 11.97% |
| B. C. ZIEGLER AND COMPANY | $11.6M | 9.96% |
| GOLDMAN SACHS & CO. LLC | $9.4M | 8.08% |
| PIPER SANDLER & CO. | $7.9M | 6.82% |
| RAYMOND JAMES FINANCIAL SERVICES, INC. | $6.2M | 5.37% |
| BARCLAYS CAPITAL, INC. | $5.0M | 4.34% |
| Multi-Bank Securities Inc. | $4.9M | 4.22% |
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.