DLQIX Fees and Costs — BNY Mellon Large Cap Equity Fund, Class I
Data updated: 2026-08-24
The net expense ratio is 0.75%: a 0.70% management fee plus 0.18% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $34K in broker commissions, 0.0192% of average net assets, and portfolio turnover was 39%.
DLQIX Fees and Expenses
Annual operating expenses and sales charges of DLQIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.88% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.75% |
| 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 |
DLQIX Costs Over Time
On $10,000 invested in DLQIX, assuming 5% a year before costs, total costs come to $483 over 5 years, cutting the return by 0.81% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $81 | $265 | $483 |
| Value after costs | $10,419 | $11,311 | $12,279 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
DLQIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0192%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): $250.3M
- Portfolio turnover (prospectus): 39%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $2K (0.001% of average net assets)
DLQIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $5K | 17.43% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $4K | 16.10% |
| GOLDMAN SACHS & CO. LLC | $4K | 13.78% |
| PIPER SANDLER & CO. | $3K | 11.93% |
| JEFFERIES LLC | $2K | 8.89% |
| LEERINK PARTNERS LLC | $2K | 8.33% |
| NATIONAL FINANCIAL SERVICES LLC | $2K | 7.27% |
| KEYBANC CAPITAL MARKETS, INC. | $2K | 5.91% |
| HSBC SECURITIES (USA) INC. | $1K | 5.39% |
| J.P. Morgan Securities LLC | $1K | 4.96% |
DLQIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $53.2M | 23.70% |
| MORGAN STANLEY & CO. LLC | $35.7M | 15.92% |
| GOLDMAN SACHS & CO. LLC | $35.3M | 15.72% |
| PIPER SANDLER & CO. | $29.4M | 13.10% |
| JEFFERIES LLC | $28.6M | 12.73% |
| HSBC SECURITIES (USA), INC. | $9.8M | 4.37% |
| KEYBANC CAPITAL MARKETS, INC. | $8.9M | 3.96% |
| NATIONAL FINANCIAL SERVICES LLC | $8.4M | 3.75% |
| STIFEL, NICHOLAS & COMPANY, INC. | $7.6M | 3.38% |
| LEERINK PARTNERS LLC | $7.6M | 3.37% |
BNY Mellon Large Cap Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DLACX | Class Y | 0.75% | none |
| DLQIX | Class I | 0.75% | none |
| DLQAX | Class A | 1.00% | 5.75% |
| DEYCX | Class C | 1.75% | 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.