DSDCX Fees and Costs — BNY Mellon Tax Sensitive Total Return Bond Fund, Class C
Data updated: 2023-02-24
The net expense ratio is 1.50%: a 0.40% management fee, a 0.75% 12b-1 fee plus 1.49% other expenses, less a 1.14% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 12%.
DSDCX Fees and Expenses
Annual operating expenses and sales charges of DSDCX. Prospectus, as of September 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.75% |
| Other expenses | 1.49% |
| Gross expense ratio | 2.64% |
| Fee waiver | −1.14% |
| Net expense ratio | 1.50% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DSDCX Costs Over Time
On $10,000 invested in DSDCX, assuming 5% a year before costs, total costs come to $929 over 5 years, cutting the return by 1.57% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.50%) | $158 | $489 | $843 |
| Lost growth on money paid in costs | $0 | $24 | $86 |
| Total costs | $261 | $513 | $929 |
| Value after costs | $10,239 | $11,063 | $11,834 |
| Impact on return, per year | 2.61% | 1.57% | 1.57% |
DSDCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $12.3M
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
DSDCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $1.9M | 15.89% |
| MORGAN STANLEY & CO. LLC | $1.5M | 12.57% |
| CITIGROUP GLOBAL MARKETS INC. | $1.4M | 11.60% |
| HEADLANDS TECH GLOBAL MARKETS, LLC | $1.4M | 11.59% |
| JEFFERIES LLC | $1.1M | 9.49% |
| D.A. DAVIDSON & CO. | $1.0M | 8.94% |
| WELLS FARGO SECURITIES, LLC | $1.0M | 8.61% |
| B. C. ZIEGLER AND COMPANY | $1.0M | 8.61% |
| RBC CAPITAL MARKETS, LLC | $882K | 7.56% |
| PIPER JAFFRAY & CO. | $600K | 5.14% |
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.