DSCVX Fees and Costs — BNY Mellon Opportunistic Small Cap Fund, Investor Shares
Data updated: 2026-01-26
The net expense ratio is 1.09%: a 0.75% management fee plus 0.44% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $339K in broker commissions, 0.1459% of average net assets, and portfolio turnover was 68%.
DSCVX Fees and Expenses
Annual operating expenses and sales charges of DSCVX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.44% |
| Gross expense ratio | 1.19% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.09% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DSCVX Costs Over Time
On $10,000 invested in DSCVX, assuming 5% a year before costs, total costs come to $769 over 5 years, cutting the return by 1.30% 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 1.09%) | $114 | $356 | $616 |
| Trading costs (broker commissions) | $15 | $48 | $82 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $424 | $769 |
| Value after costs | $10,370 | $11,152 | $11,993 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
DSCVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1459%
- Total broker commissions: $339K
- Bought from dealers (principal trades, not a cost): $351.6M
- Portfolio turnover (prospectus): 68%
- Securities on loan, average value: $20.6M
- Net income from securities lending: $33K (0.014% of average net assets)
DSCVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO. | $44K | 18.96% |
| Raymond James & Associates, Inc. | $33K | 14.31% |
| Stifel, Nicolaus & Company, Incorporated | $28K | 12.04% |
| RBC CAPITAL MARKETS, LLC | $23K | 9.70% |
| J.P. Morgan Securities LLC | $22K | 9.60% |
| KEYBANC CAPITAL MARKETS, INC. | $20K | 8.52% |
| BARCLAYS CAPITAL, INC. | $19K | 8.09% |
| MORGAN STANLEY & CO. LLC | $18K | 7.75% |
| LEERINK PARTNERS LLC | $13K | 5.71% |
| WELLS FARGO SECURITIES, LLC | $12K | 5.32% |
DSCVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO. | $45.5M | 18.65% |
| Stifel, Nicolaus & Company, Incorporated | $34.8M | 14.27% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $34.7M | 14.20% |
| JEFFERIES LLC | $25.1M | 10.27% |
| RAYMOND JAMES FINANCIAL SERVICES, INC. | $22.5M | 9.20% |
| KEYBANC CAPITAL MARKETS, INC. | $18.5M | 7.59% |
| NATIONAL FINANCIAL SERVICES LLC | $17.2M | 7.04% |
| MORGAN STANLEY & CO. LLC | $16.0M | 6.57% |
| WELLS FARGO SECURITIES, LLC | $15.1M | 6.18% |
| RBC CAPITAL MARKETS, LLC | $14.8M | 6.04% |
BNY Mellon Opportunistic Small Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DSCYX | Class Y | 0.78% | — |
| DOPIX | Class I | 0.90% | — |
| DSCVX | Investor Shares | 1.09% | — |
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.