SDITX Fees and Costs — BNY Mellon Tax Sensitive Total Return Bond Fund, Class I
Data updated: 2023-02-24
The net expense ratio is 0.50%: a 0.40% management fee plus 0.30% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 12%.
SDITX Fees and Expenses
Annual operating expenses and sales charges of SDITX. Prospectus, as of September 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.50% |
| 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 |
SDITX Costs Over Time
On $10,000 invested in SDITX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
SDITX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $12.3M
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
SDITX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $1.9M | 15.89% |
| MORGAN STANLEY & CO. LLC | $1.5M | 12.57% |
| CITIGROUP GLOBAL MARKETS INC. | $1.4M | 11.60% |
| HEADLANDS TECH GLOBAL MARKETS, LLC | $1.4M | 11.59% |
| JEFFERIES LLC | $1.1M | 9.49% |
| D.A. DAVIDSON & CO. | $1.0M | 8.94% |
| WELLS FARGO SECURITIES, LLC | $1.0M | 8.61% |
| B. C. ZIEGLER AND COMPANY | $1.0M | 8.61% |
| RBC CAPITAL MARKETS, LLC | $882K | 7.56% |
| PIPER JAFFRAY & CO. | $600K | 5.14% |
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.