PTEBX Fees and Costs — BNY Mellon Opportunistic Municipal Securities Fund, Class A
Data updated: 2026-09-24
The net expense ratio is 0.79%: a 0.35% management fee plus 0.44% other expenses. This share class carries a maximum front-end sales load of 4.50%. Portfolio turnover was 38%.
PTEBX Fees and Expenses
Annual operating expenses and sales charges of PTEBX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 0.79% |
| Fee waiver | — |
| Net expense ratio | 0.79% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PTEBX Costs Over Time
On $10,000 invested in PTEBX, assuming 5% a year before costs, total costs come to $1,048 over 5 years, cutting the return by 1.78% 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 | $450 | $450 | $450 |
| Fund expenses (net expense ratio 0.79%) | $79 | $248 | $431 |
| Lost growth on money paid in costs | $22 | $83 | $168 |
| Total costs | $552 | $781 | $1,048 |
| Value after costs | $9,948 | $10,795 | $11,715 |
| Impact on return, per year | 5.52% | 2.42% | 1.78% |
PTEBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $314.1M
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
PTEBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $54.3M | 22.32% |
| RBC CAPITAL MARKETS, LLC | $34.7M | 14.25% |
| WELLS FARGO SECURITIES, LLC | $29.7M | 12.19% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $24.0M | 9.88% |
| ICE Securities Execution & Clearing LLC | $23.5M | 9.67% |
| PIPER SANDLER & CO. | $18.9M | 7.77% |
| MORGAN STANLEY & CO. LLC | $17.2M | 7.05% |
| RAYMOND JAMES FINANCIAL SERVICES, INC. | $15.4M | 6.34% |
| ICE BONDS SECURITIES CORPORATION | $13.4M | 5.51% |
| B. C. ZIEGLER AND COMPANY | $12.2M | 5.01% |
BNY Mellon Opportunistic Municipal Securities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DMBYX | Class Y | 0.50% | none |
| DMBVX | Class I | 0.54% | none |
| DMBZX | Class Z | 0.75% | none |
| PTEBX | Class A | 0.79% | 4.50% |
| DMBCX | Class C | 1.58% | 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.