DTLXX Fees and Costs — Dreyfus Treasury and Agency Liquidity Money Market Fund
Data updated: 2026-03-27
The net expense ratio is 0.09%: a 0.08% management fee plus 0.01% other expenses. There are no sales loads or redemption fees.
DTLXX Fees and Expenses
Annual operating expenses and sales charges of DTLXX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DTLXX Costs Over Time
On $10,000 invested in DTLXX, assuming 5% a year before costs, total costs come to $57 over 5 years, cutting the return by 0.09% 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 0.09%) | $9 | $30 | $52 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $31 | $57 |
| Value after costs | $10,491 | $11,545 | $12,705 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
DTLXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.18T
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
DTLXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SMBC NIKKO SECURITIES AMERICA, INC. | $421.1B | 19.38% |
| STATE STREET GLOBAL MARKETS, LLC | $318.9B | 14.68% |
| Natixis Securities Americas LLC | $304.2B | 14.00% |
| SANTANDER INVESTMENT SECURITIES, INC. | $303.5B | 13.97% |
| HSBC SECURITIES (USA), INC. | $243.5B | 11.21% |
| CREDIT AGRICOLE SECURITIES (USA) INC. | $208.2B | 9.59% |
| CitiGroup Global Markets Inc. | $150.4B | 6.93% |
| Northern Trust Securities, Inc. | $131.0B | 6.03% |
| BMO CAPITAL MARKETS CORP. | $50.6B | 2.33% |
| SCOTIA CAPITAL (USA), INC. | $40.8B | 1.88% |
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.