BNY MELLON INVESTMENT ADVISER, INC. 240 Greenwich Street New York, New York 10286
BNY MELLON INVESTMENT ADVISER, INC.
000 Xxxxxxxxx Xxxxxx
New York, New York 10286
December 13, 2023
-BNY Mellon Asset Allocation Fund
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Expense Limitation
To Whom It May Concern:
Effective December 29, 2023, BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), intending to be legally bound, hereby confirms its agreement in respect of BNY Mellon Asset Allocation Fund (the "fund"), a series of BNY Mellon Funds Trust (the "Trust"), as follows:
Until December 29, 2024, BNYM Investment Adviser will waive receipt of its fees and/or assume the expenses of the fund so that the total annual fund operating expenses of neither class of fund shares (including indirect fees and expenses of the underlying funds, but excluding shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .87%. On or after December 29, 2024, BNYM Investment Adviser may terminate this expense limitation agreement at any time
This Agreement may only be amended by agreement of the Trust, on behalf of the fund, upon the approval of the Board of Trustees of the Trust and BNYM Investment Adviser to lower the net amounts shown and may only be terminated prior to December 29, 2024, in the event of termination of the Management Agreement between BNYM Investment Adviser and the Trust with respect to the fund.
BNY MELLON INVESTMENT ADVISER, INC.
By: /s/ Xxxxx Xxxxxxx
Xxxxx Xxxxxxx
Secretary
Accepted and Agreed To:
On Behalf of BNY Mellon Asset Allocation Fund
By: /s/ Xxxxx Xxxxxxx
Xxxxx Xxxxxxx
Treasurer
