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
$1,956,413,582  As of  08/22/19
Class Assets
$258,198,754  As of  08/22/19
Portfolio Turnover Rate
19.60%  As of fiscal year end  10/31/18
Morningstar Category
Small Blend
Benchmark
S&P SmallCap 600(r) Index
Fund Holdings
605  As of  07/31/19

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  07/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Smallcap Stock Index Fund
DISIX
-6.89 10.22 9.53 13.65 9.28 08/31/16
S&P SmallCap 600(r) Index
-6.75 10.54 9.89 14.00 - -
As of  06/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Smallcap Stock Index Fund
DISIX
-5.04 11.63 8.04 14.64 9.26 08/31/16
S&P SmallCap 600(r) Index
-4.88 11.97 8.41 14.99 - -
As of  07/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Smallcap Stock Index Fund
DISIX
-6.89 33.91 57.60 259.55 609.10 08/31/16
S&P SmallCap 600(r) Index
-6.75 35.08 60.26 270.70 - -
As of  06/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Smallcap Stock Index Fund
DISIX
-5.04 39.10 47.23 292.05 601.29 08/31/16
S&P SmallCap 600(r) Index
-4.88 40.36 49.76 304.38 - -
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.


    Monthly Expense Ratios (Annualized)

    As of  07/31/19 Fee Description Expense Ratio (%)
    Management Fee 0.25%
    Other Expenses 0.01%
    Total Expenses 0.26%
    Expenses Reimbursed 0.01%
    Net Expenses 0.25%

    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  07/31/19   Holdings % Portfolio  Weight
    Mercury Systems 0.60
    Selective Insurance Group 0.59
    FirstCash 0.58
    FTI Consulting 0.53
    Repligen 0.53
    Tetra Tech 0.52
    Strategic Education 0.52
    John Bean Technologies 0.50
    Neogen 0.50
    LHC Group 0.49

    Asset Allocation


        Daily Statistics

        As of  08/22/19 Name NAV Change 09/04/18  12 Month 
        High Nav
        12/26/18  12 Month 
        Low Nav
        YTD Return
        DISIX
        $27.89
        -$0.08
        -0.29%
        $37.00 $24.87 10.40%

        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  07/31/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        DISIX
        17.73 -4.74 1.23 70.56 0.55

        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