DRRIX Fees and Costs — BNY Mellon Global Real Return Fund, Class I
Data updated: 2026-09-24
The net expense ratio is 0.94% (1.01% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $333K in broker commissions, 0.0367% of average net assets, and portfolio turnover was 119%.
DRRIX Fees and Expenses
Annual operating expenses and sales charges of DRRIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.01% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.94% |
| 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 |
DRRIX Costs Over Time
On $10,000 invested in DRRIX, assuming 5% a year before costs, total costs come to $611 over 5 years, cutting the return by 1.03% 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 0.94%) | $99 | $308 | $534 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $336 | $611 |
| Value after costs | $10,397 | $11,240 | $12,152 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
DRRIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0367%
- Total broker commissions: $333K
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 119%
- Securities on loan, average value: $42.7M
- Net income from securities lending: $42K (0.005% of average net assets)
DRRIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $60K | 20.48% |
| UBS Securities LLC | $47K | 15.95% |
| BNP Paribas Securities Corp. | $41K | 13.90% |
| MORGAN STANLEY & CO. LLC | $29K | 9.76% |
| GOLDMAN SACHS & CO. LLC | $28K | 9.44% |
| CitiGroup Global Markets Inc. | $26K | 8.73% |
| J.P. Morgan Securities LLC | $21K | 7.30% |
| BARCLAYS CAPITAL, INC. | $18K | 6.22% |
| MACQUARIE CAPITAL (USA), INC. | $13K | 4.37% |
| JEFFERIES LLC | $11K | 3.85% |
DRRIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO CAPITAL MARKETS CORP. | $272.6M | 17.49% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $231.2M | 14.84% |
| UBS SECURITIES LLC | $196.6M | 12.61% |
| MORGAN STANLEY & CO. LLC | $195.8M | 12.57% |
| CitiGroup Global Markets Inc. | $141.3M | 9.06% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $138.3M | 8.87% |
| J.P. Morgan Securities LLC | $125.5M | 8.05% |
| BARCLAYS CAPITAL, INC. | $122.6M | 7.87% |
| BNP PARIBAS SECURITIES CORP. | $71.8M | 4.61% |
| GOLDMAN SACHS & CO. LLC | $62.6M | 4.02% |
BNY Mellon Global Real Return Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DRRYX | Class Y | 0.87% | none |
| DRRIX | Class I | 0.94% | none |
| DRRAX | Class A | 1.19% | 5.75% |
| DRRCX | Class C | 1.94% | 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.