DNYIX Fees and Costs — BNY Mellon New York AMT-Free Municipal Bond Fund, Class I
Data updated: 2026-07-24
The net expense ratio is 0.54%: a 0.45% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 17%.
DNYIX Fees and Expenses
Annual operating expenses and sales charges of DNYIX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.54% |
| Fee waiver | — |
| Net expense ratio | 0.54% |
| 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 | No |
| Waived fees subject to recoupment | No |
DNYIX Costs Over Time
On $10,000 invested in DNYIX, assuming 5% a year before costs, total costs come to $341 over 5 years, cutting the return by 0.57% 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 0.54%) | $57 | $178 | $310 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $187 | $341 |
| Value after costs | $10,443 | $11,390 | $12,422 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
DNYIX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $306.3M
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
DNYIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $58.4M | 23.29% |
| J.P. Morgan Securities LLC | $32.1M | 12.81% |
| PIPER SANDLER & CO. | $31.6M | 12.59% |
| MORGAN STANLEY & CO. LLC | $27.6M | 11.00% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $24.6M | 9.79% |
| GOLDMAN SACHS & CO. LLC | $24.5M | 9.77% |
| Mesirow Financial Inc. | $18.8M | 7.50% |
| WELLS FARGO SECURITIES, LLC | $18.7M | 7.45% |
| BARCLAYS CAPITAL, INC. | $7.4M | 2.94% |
| KEYBANC CAPITAL MARKETS, INC. | $7.1M | 2.84% |
BNY Mellon New York AMT-Free Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DNYYX | Class Y | 0.50% | none |
| DNYIX | Class I | 0.54% | none |
| DNYAX | Class Z | 0.62% | none |
| PSNYX | Class A | 0.78% | 4.50% |
| PNYCX | Class C | 1.71% | 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.