EX-99.D ADVSR CONTR 2 d12-bnymdvf_explimagmnt.htm BNYMDVF EXPENSE LIMITATION AGREEMENT

BNY MELLON INVESTMENT ADVISER, INC.

240 Greenwich Street

New York, New York 10286

 

December 16, 2024

BNY Mellon Advantage Funds, Inc.

240 Greenwich Street

New York, New York 10286

 

Re: Expense Limitation – BNY Mellon Dynamic Value Fund

 

To Whom It May Concern:

 

Effective December 31, 2024, BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), intending to be legally bound, hereby confirms its agreement in respect of BNY Mellon Dynamic Value Fund (the "Fund"), a series of BNY Mellon Advantage Funds, Inc. (the "Company"), as follows:

 

Until December 31, 2025, BNYM Investment Adviser will waive receipt of its fees and/or assume the direct expenses of the Fund so that the direct expenses of none of the Fund's share classes (excluding Rule 12b-1 fees, shareholder services fees, taxes, interest expense, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .68%. On or after December 31, 2025, BNYM Investment Adviser, may terminate this expense limitation agreement at any time.

 

This Agreement may only be amended by agreement of the Fund, upon the approval of the Board of Directors of the Fund and BNYM Investment Adviser to lower the net amounts shown and may only be terminated prior December 31, 2025, in the event of termination of the Management Agreement between BNYM Investment Adviser and the Company on behalf of the Fund.

 

 

 

BNY MELLON INVESTMENT ADVISER, INC.

 

 

 

By: /s/ James Windels

James Windels

Director

 

 

Accepted and Agreed To:

 

BNY Mellon ADVANTAGE FUNDS, INC.

 

 

 

By: /s/ Amanda Quinn

Amanda Quinn

Assistant Secretary