DREVX Fees and Costs — BNY Mellon Large Cap Securities Fund, Inc.
Data updated: 2026-08-24
The net expense ratio is 0.69%: a 0.64% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $218K in broker commissions, 0.0095% of average net assets, and portfolio turnover was 26%.
DREVX Fees and Expenses
Annual operating expenses and sales charges of DREVX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DREVX Costs Over Time
On $10,000 invested in DREVX, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% 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 0.69%) | $72 | $227 | $395 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $241 | $440 |
| Value after costs | $10,427 | $11,335 | $12,323 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
DREVX 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): 0.0095%
- Total broker commissions: $218K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 26%
- Securities on loan, average value: $16.7M
- Net income from securities lending: $26K (0.001% of average net assets)
DREVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $41K | 22.01% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $37K | 19.62% |
| BARCLAYS CAPITAL, INC. | $24K | 12.92% |
| RBC CAPITAL MARKETS, LLC | $18K | 9.31% |
| GOLDMAN SACHS & CO. LLC | $15K | 8.11% |
| LEERINK PARTNERS LLC | $14K | 7.63% |
| PIPER SANDLER & CO. | $13K | 6.94% |
| MORGAN STANLEY & CO. LLC | $12K | 6.54% |
| HSBC SECURITIES (USA) INC. | $9K | 4.62% |
| JEFFERIES LLC | $4K | 2.29% |
DREVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $188.8M | 14.51% |
| J.P. Morgan Securities LLC | $182.7M | 14.04% |
| JEFFERIES LLC | $164.6M | 12.65% |
| HSBC SECURITIES (USA), INC. | $156.8M | 12.05% |
| PIPER SANDLER & CO. | $147.4M | 11.33% |
| BARCLAYS CAPITAL, INC. | $121.6M | 9.35% |
| MORGAN STANLEY & CO. LLC | $109.9M | 8.45% |
| GOLDMAN SACHS & CO. LLC | $90.0M | 6.92% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $82.4M | 6.34% |
| LEERINK PARTNERS LLC | $56.9M | 4.37% |
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.