SSETX Fees and Costs — BNY Mellon Small Cap Growth Fund, Class I
Data updated: 2025-08-25
The net expense ratio is 1.00%: a 0.80% management fee plus 2.05% other expenses, less a 1.85% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $13K in broker commissions, 0.1084% of average net assets, and portfolio turnover was 44%.
SSETX Fees and Expenses
Annual operating expenses and sales charges of SSETX. Prospectus, as of September 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 2.05% |
| Gross expense ratio | 2.85% |
| Fee waiver | −1.85% |
| Net expense ratio | 1.00% |
| 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 |
SSETX Costs Over Time
On $10,000 invested in SSETX, assuming 5% a year before costs, total costs come to $692 over 5 years, cutting the return by 1.16% 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 1.00%) | $105 | $327 | $567 |
| Trading costs (broker commissions) | $11 | $35 | $61 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $116 | $381 | $692 |
| Value after costs | $10,384 | $11,196 | $12,071 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
SSETX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1084%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $20.0M
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $582K
- Net income from securities lending: $41K (0.330% of average net assets)
SSETX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER JAFFRAY & CO. | $3K | 24.33% |
| GOLDMAN SACHS & CO. LLC | $3K | 23.79% |
| MORGAN STANLEY & CO. LLC | $1K | 11.58% |
| NATIONAL FINANCIAL SERVICES LLC | $1K | 11.06% |
| RAYMOND JAMES & ASSOCIATES, INC. | $628 | 5.82% |
| LEERINK PARTNERS LLC | $548 | 5.08% |
| JEFFERIES LLC | $544 | 5.04% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $512 | 4.75% |
| CANACCORD GENUITY LLC. | $468 | 4.34% |
| KEYBANC CAPITAL MARKETS INC. | $454 | 4.21% |
SSETX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $4.4M | 24.90% |
| PIPER JAFFRAY & CO. | $3.9M | 22.00% |
| MORGAN STANLEY & CO. LLC | $2.8M | 15.97% |
| NATIONAL FINANCIAL SERVICES LLC | $1.6M | 9.29% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $1.2M | 6.57% |
| JEFFERIES LLC | $892K | 5.06% |
| LEERINK PARTNERS LLC | $863K | 4.90% |
| J.P. MORGAN SECURITIES LLC | $734K | 4.17% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $631K | 3.58% |
| RAYMOND JAMES & ASSOCIATES, INC. | $623K | 3.53% |
BNY Mellon Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SSETX | Class I | 1.00% | — |
| SSYGX | Class Y | 1.00% | — |
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.