DSDDX Fees and Costs — BNY Mellon Ultra Short Income Fund, Class D
Data updated: 2022-02-03
The net expense ratio is 0.60%: a 0.25% management fee, a 0.25% 12b-1 fee plus 0.28% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 0%.
DSDDX Fees and Expenses
Annual operating expenses and sales charges of DSDDX. Prospectus, as of November 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.28% |
| Gross expense ratio | 0.78% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.60% |
| 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 |
DSDDX Costs Over Time
On $10,000 invested in DSDDX, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
DSDDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.3B
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
DSDDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TULLETT PREBON FINANCIAL SERVICES LLC | $1.3B | 59.09% |
| J.M LUMMIS SECURITIES, INC. | $367.5M | 16.32% |
| CITIGROUP GLOBAL MARKETS INC. | $161.5M | 7.17% |
| WELLS FARGO SECURITIES, LLC | $120.5M | 5.35% |
| RBC CAPITAL MARKETS, LLC | $106.0M | 4.71% |
| J.P. MORGAN SECURITIES LLC | $56.7M | 2.52% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $52.5M | 2.33% |
| BARCLAYS CAPITAL INC. | $26.5M | 1.18% |
| PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC | $16.0M | 0.71% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $14.0M | 0.62% |
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.