DWOIX Fees and Costs — BNY Mellon Research Growth Fund, Inc., Class I
Data updated: 2026-07-24
The net expense ratio is 0.75%: a 0.75% management fee plus 0.09% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $308K in broker commissions, 0.0189% of average net assets, and portfolio turnover was 44%.
DWOIX Fees and Expenses
Annual operating expenses and sales charges of DWOIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DWOIX Costs Over Time
On $10,000 invested in DWOIX, assuming 5% a year before costs, total costs come to $483 over 5 years, cutting the return by 0.81% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $81 | $265 | $483 |
| Value after costs | $10,419 | $11,311 | $12,280 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
DWOIX 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)
DWOIX 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% |
DWOIX 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.