DWOCX Fees and Costs — BNY Mellon Research Growth Fund, Inc., Class C
Data updated: 2026-07-24
The net expense ratio is 1.75%: a 0.75% management fee, a 0.75% 12b-1 fee plus 0.43% other expenses, less a 0.18% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $308K in broker commissions, 0.0189% of average net assets, and portfolio turnover was 44%.
DWOCX Fees and Expenses
Annual operating expenses and sales charges of DWOCX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.43% |
| Gross expense ratio | 1.93% |
| Fee waiver | −0.18% |
| Net expense ratio | 1.75% |
| 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 |
DWOCX Costs Over Time
On $10,000 invested in DWOCX, assuming 5% a year before costs, total costs come to $1,090 over 5 years, cutting the return by 1.86% 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 1.75%) | $184 | $569 | $978 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $29 | $101 |
| Total costs | $289 | $604 | $1,090 |
| Value after costs | $10,211 | $10,973 | $11,673 |
| Impact on return, per year | 2.89% | 1.86% | 1.86% |
DWOCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0189%
- Total broker commissions: $308K
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $8.9M
- Net income from securities lending: $14K (0.001% of average net assets)
DWOCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $47K | 20.68% |
| J.P. Morgan Securities LLC | $28K | 12.28% |
| KEYBANC CAPITAL MARKETS, INC. | $27K | 11.97% |
| WELLS FARGO SECURITIES, LLC | $25K | 10.90% |
| BARCLAYS CAPITAL, INC. | $22K | 9.57% |
| RBC CAPITAL MARKETS, LLC | $19K | 8.27% |
| LEERINK PARTNERS LLC | $18K | 7.90% |
| PIPER SANDLER & CO. | $16K | 7.14% |
| GOLDMAN SACHS & CO. LLC | $15K | 6.61% |
| TD SECURITIES (USA) LLC | $11K | 4.68% |
DWOCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO. | $189.2M | 15.62% |
| JEFFERIES LLC | $160.7M | 13.26% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $138.4M | 11.42% |
| J.P. Morgan Securities LLC | $134.3M | 11.08% |
| KEYBANC CAPITAL MARKETS, INC. | $131.9M | 10.89% |
| LEERINK PARTNERS LLC | $102.6M | 8.47% |
| GOLDMAN SACHS & CO. LLC | $95.8M | 7.91% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $90.2M | 7.45% |
| WELLS FARGO SECURITIES, LLC | $86.6M | 7.15% |
| BARCLAYS CAPITAL, INC. | $81.7M | 6.74% |
BNY Mellon Research Growth Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DRYQX | Class Y | 0.75% | none |
| DWOIX | Class I | 0.75% | none |
| DREQX | Class Z | 0.80% | none |
| DWOAX | Class A | 1.00% | 5.75% |
| DWOCX | Class C | 1.75% | 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.