Dreyfus S&P 500 Index Fund

  • TICKER PEOPX
  • Fund Code 0078
  • CUSIP 26200Q105
  • SHARE CLASS Single Share Class

Why invest in this Fund?

The fund seeks to match the performance of the Standard & Poor's 500 Composite Stock Price Index (the 'Index'). To pursue this goal, the fund generally is fully invested in stocks included in the Index, and in futures whose performance is tied to the Index. The fund attempts to have a correlation between its performance and that of the index of at least .95, before expenses.

Min. class investment
$1,000
Class Inception Date
01/02/90
Fund Assets
$2,394,908,228  As of  03/18/19
Class Assets
$2,394,908,228  As of  03/18/19
Portfolio Turnover Rate
3.06%  As of fiscal year end  10/31/18
Morningstar Category
Large Blend
Benchmark
S&P 500(r) Index
Morningstar Overall Rating
Fund Holdings
507  As of  02/28/19

Morningstar Rating™ as of February 28, 2019 for the Single Share Class class shares; other classes may have different performance characteristics. Overall rating for the Large Blend category. Fund ratings are out of 5 Stars: Overall 4 Stars (1215 funds rated); 3 Yrs. 3 Stars (1215 funds rated); 5 Yrs. 4 Stars (1076 funds rated); 10 Yrs. 4 Stars (809 funds rated). The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. ©2018 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

Portfolio Managers

  • Durante, Thomas

    Thomas Durante

    Portfolio Manager, Mellon Investments Corporation

    19 yr(s). on fund

  • Brown, Richard A.

    Richard A. Brown

    Portfolio Manager, Mellon Investments Corporation

    9 yr(s). on fund

  • Wong, Karen Q.

    Karen Q. Wong

    CFA, Managing Director, Head of Equity Portfolio Management, Mellon Investments Corporation

    9 yr(s). on fund


As of  02/28/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus S&P 500 Index Fund
PEOPX
4.14 14.70 10.11 16.12 9.06 01/02/90
S&P 500(r) Index
4.68 15.28 10.67 16.67 - -
As of  12/31/18 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus S&P 500 Index Fund
PEOPX
-4.88 8.70 7.96 12.59 8.71 01/02/90
S&P 500(r) Index
-4.38 9.26 8.49 13.12 - -
As of  02/28/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus S&P 500 Index Fund
PEOPX
4.14 50.88 61.89 345.70 1,154.23 01/02/90
S&P 500(r) Index
4.68 53.20 66.00 367.39 - -
As of  12/31/18 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
Dreyfus S&P 500 Index Fund
PEOPX
-4.88 28.43 46.63 227.37 1,026.16 01/02/90
S&P 500(r) Index
-4.38 30.42 50.33 243.03 - -

The performance data quoted represents past performance, which is no guarantee of future results. Yield, share price and investment return fluctuate and an investor’s shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Click above for month-end returns.

The S&P 500® Index is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

Average Annual Returns After Taxes

As of  12/31/18 1 YR 5 YRS 10 YRS
Return after taxes on distributions -8.16% 5.58% 11.07%
Return after taxes on distributions and sale of fund shares -0.61% 6.11% 10.42%

After-tax returns are calculated using the highest historical individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown here and are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Return after taxes on distributions (pre-liquidation) assume an investor held shares throughout the measurement period and reflect the effect of taxable distributions (assuming reinvestment in the fund) by a fund to its shareholders.

Return after taxes on distributions and sale of fund shares (post-liquidation) assume an investor sold shares at the end of the measurement period and, therefore, reflect the effect of both taxable distributions and any taxable gain or loss realized by the shareholder upon sale of fund shares.

Growth of $10,000 Investment

Historical Performance

    Yearly Total Return

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    PEOPX
    -4.88% 21.26% 11.35% 0.91% 13.15% 31.76% 15.45% 1.65% 14.56% 26.04%

    Investment return fluctuates and past performance is no guarantee of future results.


    Monthly Expense Ratios (Annualized)

    As of  02/28/19 Fee Description Expense Ratio (%)
    Management Fee 0.25%
    Service Fee 0.25%
    Total Expenses 0.50%

    This data is annualized.  Monthly operating expenses may vary month to month.

    Prospectus Fee Table Expense Ratios

    As of  03/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.25%
    Service Fee 0.25%
    Other Expenses 0.01%
    Total Expenses 0.51%
    Expenses Reimbursed 0.01%
    Net Expenses 0.50%

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is The Dreyfus Corporation (Dreyfus). Thomas J. Durante, Karen Q. Wong and Richard A. Brown are the primary portfolio managers of the fund. Mr. Durante has been a primary portfolio manager of the fund since March 2000. Mr. Durante is a managing director and co-head of equity index portfolio management at Mellon Investments Corporation (Mellon), an affiliate of Dreyfus. Ms. Wong and Mr. Brown have been primary portfolio managers of the fund since June 2010. Ms. Wong is a managing director and head of index portfolio management at the firm, and Mr. Brown is a managing director and co-head of equity index portfolio management at the firm. Ms. Wong and Messrs. Durante and Brown are also employees of Dreyfus. Mellon professionals manage Dreyfus-managed funds pursuant to a dual-employee arrangement, under Dreyfus' supervision, and apply Mellon's proprietary investment process in managing the funds.

    Top Holdings

    As of  02/28/19   Holdings % Portfolio  Weight
    Microsoft 3.67
    Apple 3.31
    Amazon.com 2.85
    Berkshire Hathaway, Cl. B 1.66
    Facebook, Cl. A 1.64
    Johnson & Johnson 1.55
    JPMorgan Chase & Co. 1.47
    Alphabet, Cl. C 1.46
    Alphabet, Cl. A 1.43
    Exxon Mobil 1.42

    Asset Allocation


        Daily Statistics

        As of  03/18/19 Name NAV Change 09/20/18  12 Month 
        High Nav
        01/03/19  12 Month 
        Low Nav
        YTD Return
        PEOPX
        $49.86
        $0.18
        0.36%
        $59.86 $42.94 13.40%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Large Blend


        Morningstar Rating™ as of 02/28/19 for the Single Share Class shares; other classes may have different performance characteristics. Overall rating for the Large Blend. Fund ratings are out of 5 Stars: Overall 4 Stars (3100 funds rated); 3 Yrs. 3 Stars (1215 funds rated); 5 Yrs. 4 Stars (1076 funds rated); 10 Yrs. 4 Stars (809 funds rated).
        The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance (not including the effects of sales charges, loads and redemption fees if applicable), placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. © Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. The fund represents a single portfolio with multiple share classes that have different expense structures. Other share classes may have achieved different results.

        Lipper Rankings

        • 1 Year
          78 out of 114
        • 3 Year
          69 out of 105
        • 5 Year
          61 out of 96
        • 10 Year
          49 out of 86

        LIPPER CLASSIFICATION S&P 500 Index Funds


        Lipper Category returns and rankings are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

        Main Risks

        Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees.

        The fund uses an indexing strategy. It does not attempt to manage market volatility, use defensive strategies or reduce the effects of any long-term periods of poor stock performance.

        Risk Metrics

        As of  02/28/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        PEOPX
        11.22 -0.52 1.00 100.00 1.17

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Oct 31
        Year Dividend ($) Capital Gains ($)
        2018 0.8434 6.4841
        2017 0.8640 4.1125
        2016 0.9050 4.3976
        2015 0.8692 2.9144
        2014 0.8321 2.7931
        2013 0.7384 1.0132
        2012 0.7130 0.5510
        2011 0.5560 0.2205
        2010 0.5103 0.7573
        2009 0.5140 0.0000
        There is no guarantee that the fund will distribute any level annually. Capital gains may be short-term, long-term, or both.

        Distributions History

        (Values Listed In $) Ordinary 
        Non-Qualified 
        Dividends
        Qualified 
        Dividends
        Non-Qualified 
        Short-Term 
        Capital Gain
        Qualified 
        Short-Term 
        Capital Gain
        Long-Term 
        Capital Gain
        Total 
        Distribution
        Reinvest 
        NAV
        PEOPX
        0.0000 0.8434 0.0000 0.0380 6.4375 7.3189 43.27
        Record Date Ex-Dividend Date Payable Date
        PEOPX
        12/24/18 12/26/18 12/26/18
        (Values Listed In $) Distribution Status Ordinary 
        Non-Qualified 
        Dividends
        Qualified 
        Dividends
        Non-Qualified 
        Short-Term 
        Capital Gain
        Qualified 
        Short-Term 
        Capital Gain
        Long-Term 
        Capital Gain
        Total 
        Distribution
        Reinvest 
        NAV
        PEOPX
        Final 0.0000 0.8434 0.0000 0.0380 6.4375 7.3189 43.27
        Record Date Ex-Dividend Date Payable Date
        PEOPX
        12/24/18 12/26/18 12/26/18