MISTX Fees and Costs — BNY Mellon Short-Term U.S. Government Securities Fund, Investor Shares
Data updated: 2025-07-29
The net expense ratio is 0.75%: a 0.35% management fee plus 0.55% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 35%.
MISTX Fees and Expenses
Annual operating expenses and sales charges of MISTX. Prospectus, as of August 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | 0.55% |
| Gross expense ratio | 0.90% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.75% |
| 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 |
MISTX Costs Over Time
On $10,000 invested in MISTX, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% 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 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $471 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
MISTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $77.3M
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $2.6M
- Net income from securities lending: $2K (0.002% of average net assets)
MISTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HSBC SECURITIES (USA) INC. | $33.6M | 44.10% |
| RBC CAPITAL MARKETS, LLC | $11.7M | 15.36% |
| CITADEL SECURITIES LLC | $9.8M | 12.87% |
| CITIGROUP GLOBAL MARKETS INC. | $4.8M | 6.34% |
| BMO CAPITAL MARKETS CORP. | $4.5M | 5.89% |
| TD SECURITIES (USA) LLC | $3.4M | 4.52% |
| LOOP CAPITAL MARKETS LLC | $2.8M | 3.63% |
| FTN FINANCIAL SECURITIES CORP | $2.0M | 2.63% |
| INTL FCSTONE FINANCIAL INC. | $1.9M | 2.54% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $1.6M | 2.12% |
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.