What are the fees associated with BNY Mellon investment funds?

The fees associated with BNY Mellon investment funds can vary based on several factors, including the type of fund, the investment strategy, and the specific share class chosen by the investor. Generally, BNY Mellon funds may have various fees, including management fees, distribution fees, and other expenses. Management fees are typically charged as a percentage of the assets managed in the fund and are paid to the investment manager for their services in managing the fund's portfolio. These fees can range considerably depending on the fund's investment objective and operational costs. In addition to management fees, some BNY Mellon investment funds may impose distribution fees, also known as 12b-1 fees. These fees are used to cover marketing and distribution costs associated with the fund. This fee may be included within the overall expense ratio of the fund and can vary by share class. It is important to note that investors may also encounter other fees, such as sales charges, known as load fees, which can be charged when purchasing or selling shares in specific funds. Other transaction fees or expenses associated with account maintenance may also apply. The total expenses for a fund are typically summarized in the fund’s expense ratio, which represents the annual fees and expenses as a percentage of the fund's average net assets. To get the most accurate and up-to-date information about the specific fees for a particular BNY Mellon investment fund, it is advisable to review the fund's prospectus. The prospectus contains detailed information about all fees, expenses, and other critical aspects of the investment which will help investors make informed decisions. For more information, individuals can check the current web page related to BNY Mellon investment funds.