MNYMX Fees and Costs — BNY Mellon New York Intermediate Tax-Exempt Bond Fund, Class M
Data updated: 2025-07-29
The net expense ratio is 0.59%: a 0.50% management fee plus 0.31% other expenses, less a 0.22% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $29 in broker commissions, and portfolio turnover was 85%.
MNYMX Fees and Expenses
Annual operating expenses and sales charges of MNYMX. Prospectus, as of August 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.31% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.59% |
| 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 |
MNYMX Costs Over Time
On $10,000 invested in MNYMX, assuming 5% a year before costs, total costs come to $372 over 5 years, cutting the return by 0.62% 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 0.59%) | $62 | $194 | $338 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $204 | $372 |
| Value after costs | $10,438 | $11,373 | $12,391 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
MNYMX 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: $29
- Bought from dealers (principal trades, not a cost): $187.4M
- Portfolio turnover (prospectus): 85%
- Securities lending: none during the year
MNYMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $29 | 100.00% |
MNYMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PIPER JAFFRAY & CO. | $43.9M | 27.53% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $37.9M | 23.78% |
| TD SECURITIES (USA) LLC | $25.8M | 16.17% |
| J.P. MORGAN SECURITIES LLC | $17.3M | 10.84% |
| GOLDMAN SACHS & CO. LLC | $10.0M | 6.27% |
| MORGAN STANLEY & CO. LLC | $6.9M | 4.33% |
| BARCLAYS CAPITAL INC. | $6.3M | 3.93% |
| RBC CAPITAL MARKETS, LLC | $4.3M | 2.70% |
| INTL FCSTONE FINANCIAL INC. | $3.8M | 2.38% |
| SAMUEL A RAMIREZ & CO., INC. | $3.3M | 2.06% |
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.