BNY Mellon Smallcap Stock Index Fund

Why invest in this Fund?

The fund seeks to match the performance of the Standard & Poor's SmallCap 600 Index (the "Index"). To pursue its goal, the fund generally is fully invested in all of the stocks that comprise the S&P SmallCap 600® Index and in futures whose performance is tied to the index. The fund generally invests in all 600 stocks in the index in proportion to their weighting in the index; however, at times, the fund may invest in a representative sample of stocks included in the index and in futures whose performance is tied to the index. Under these circumstances, the fund expects to invest in approximately 500 or more of the stocks in the index.

Min. class investment
$1,000
Class Inception Date
08/31/16
Class Status
Not available for purchase by individual investors.
Fund Assets
$1,943,384,109  As of  10/16/19
Class Assets
$248,058,016  As of  10/16/19
Portfolio Turnover Rate
19.60%  As of fiscal year end  10/31/18
Morningstar Category
Small Blend
Benchmark
S&P SmallCap 600(r) Index
Morningstar Overall Rating
Fund Holdings
606  As of  09/30/19

Morningstar Rating™ as of September 30, 2019 for the Class I class shares; other classes may have different performance characteristics. Overall rating for the Small Blend category. Fund ratings are out of 5 Stars: Overall 4 Stars (640 funds rated); 3 Yrs. 4 Stars (640 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  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Smallcap Stock Index Fund
DISIX
-9.49 9.02 9.54 12.68 9.14 08/31/16
S&P SmallCap 600(r) Index
-9.34 9.33 9.89 13.02 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Smallcap Stock Index Fund
DISIX
-9.49 9.02 9.54 12.68 9.14 08/31/16
S&P SmallCap 600(r) Index
-9.34 9.33 9.89 13.02 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Smallcap Stock Index Fund
DISIX
-9.49 29.58 57.73 229.82 599.57 08/31/16
S&P SmallCap 600(r) Index
-9.34 30.67 60.23 240.11 - -
As of  09/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Smallcap Stock Index Fund
DISIX
-9.49 29.58 57.73 229.82 599.57 08/31/16
S&P SmallCap 600(r) Index
-9.34 30.67 60.23 240.11 - -
The S&P SmallCap 600® Index measures the small-cap segment of the U.S. equity market. The index is designed to track companies that meet specific inclusion criteria to ensure that they are liquid and financially viable. Investors cannot invest directly in any index.

The total return performance figures presented for Class I shares of the fund represent the performance of the fund's Investor Shares for periods prior to August 31, 2016, the inception date for Class I shares, and the performance of Class I, respectively, from that inception date. Performance reflects the applicable class' distribution/servicing fees since the inception date. Had these fees and expenses been reflected for periods prior, performance would have been different. Investors should consider, when deciding whether to purchase a particular class of shares, the investment amount, anticipated holding period and other relevant factors.

Growth of $10,000 Investment

Historical Performance

    Not available for purchase by individual investors.

    Yearly Total Return

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    DISIX
    -8.65% 12.66% 25.95% -2.24% 5.40% 40.76% 16.02% 0.82% 26.04% 25.22%

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


    Prospectus Fee Table Expense Ratios

    As of  03/01/19 Fee Description Expense Ratio (%)
    Management Fee 0.25%
    Other Expenses 0.01%
    Total Expenses 0.26%
    Expenses Reimbursed 0.01%
    Net Expenses 0.25%
    BNY Mellon Investment Adviser, Inc. has agreed in its management agreement with the fund to: (1) pay all of the fund's expenses, except management fees, shareholder services plan fees and certain other expenses, including the fees and expenses of the non-interested board members and the fees and expenses of counsel to the fund and to the non-interested board members, and (2) reduce its fee pursuant to the management agreement in an amount equal to the fund's allocable portion of the fees and expenses of the non-interested board members and the fees and expenses of counsel to the fund and to the non-interested board members (in the amount of .01% for the past fiscal year). These provisions in the management agreement may not be amended without the approval of the fund's shareholders.

    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon Investment Adviser, Inc. 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 BNY Mellon Investment Adviser, Inc. 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 Mellon, and Mr. Brown is a managing director and co-head of equity index portfolio management at Mellon. Mellon investment professionals manage the fund in their capacity as employees of BNY Mellon Investment Adviser, Inc.

    Top Holdings

    As of  09/30/19   Holdings % Portfolio  Weight
    Mercury Systems 0.60
    Cabot Microelectronics 0.55
    SolarEdge 0.54
    FTI Consulting 0.53
    RLI 0.50
    The Medicines Company 0.49
    Aerojet Rocketdyne Holdings 0.49
    Exponent 0.49
    Neogen 0.48
    Glacier Bancorp 0.47

    Asset Allocation


        Daily Statistics

        As of  10/16/19 Name NAV Change 11/07/18  12 Month 
        High Nav
        12/26/18  12 Month 
        Low Nav
        YTD Return
        DISIX
        $28.56
        $0.08
        0.28%
        $33.64 $24.87 13.05%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Small Blend


        Morningstar Rating™ as of 09/30/19 for the Class I shares; other classes may have different performance characteristics. Overall rating for the Small Blend. Fund ratings are out of 5 Stars: Overall 4 Stars (1519 funds rated); 3 Yrs. 4 Stars (640 funds rated); 5 Yrs. Stars (508 funds rated); 10 Yrs. Stars (371 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
          676 out of 953
        • 3 Year
          156 out of 844
        • 5 Year
          out of
        • 10 Year
          out of

        LIPPER CLASSIFICATION Small-Cap Core 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.

        Small and midsized company stocks tend to be more volatile and less liquid than larger company stocks as these companies are less established and have more volatile earnings histories.

        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  09/30/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DISIX
        18.07 -6.06 1.25 71.34 0.48

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Oct 31
        Year Dividend ($) Capital Gains ($)
        2019 0.0000 0.0076
        2018 0.3717 3.0525
        2017 0.3664 2.0481
        2016 0.3473 1.6625
        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
        DISIX
        0.0000 0.0000 0.0000 0.0000 0.0076 0.0076 28.41
        Record Date Ex-Dividend Date Payable Date
        DISIX
        03/18/19 03/19/19 03/19/19
        (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
        DISIX
        Final 0.0255 0.3462 0.0109 0.1478 2.8803 3.4107 24.87
        Record Date Ex-Dividend Date Payable Date
        DISIX
        12/24/18 12/26/18 12/26/18