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    BNY Mellon S&P 500 Index Fund

    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
    $2,500
    Class Inception Date
    01/02/90
    Fund Assets
    $2,286,262,756  As of  02/28/24
    Class Assets
    $2,286,262,756  As of  02/28/24
    Portfolio Turnover Rate
    1.98% As of fiscal year end  10/31/23
    Morningstar Category
    Large Blend
    Benchmark
    S&P 500® Index
    Morningstar Overall Rating
    Fund Holdings
    504 As of 01/31/24

    Morningstar Rating™ as of January 31, 2024 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 (1302 funds rated); 3 Yrs. 3 Stars (1302 funds rated); 5 Yrs. 3 Stars (1188 funds rated); 10 Yrs. 4 Stars (896 funds rated).

    Portfolio Managers

    • David  France

      David France, CFA

      Portfolio Manager, Mellon Investments Corporation

      3 yr(s). on fund

    • Todd Frysinger

      Todd Frysinger, CFA

      Portfolio Manager, Mellon Investments Corporation

      3 yr(s). on fund

    • Vlasta Sheremeta

      Vlasta Sheremeta, CFA

      Portfolio Manager, Mellon Investments Corporation

      3 yr(s). on fund

    • Michael  Stoll

      Michael Stoll

      Portfolio Manager, Mellon Investments Corporation

      3 yr(s). on fund

    • Marlene  Walker Smith

      Marlene Walker Smith

      Portfolio Manager, Mellon Investments Corporation

      3 yr(s). on fund


    Total Returns

    Average Annual
    As of 01/31/24
    Name 3 MO
    01/31/24
    YTD
    01/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon S&P 500 Index Fund
    PEOPX
    15.88 1.65 20.26 10.44 13.73 12.06 9.66
    S&P 500® Index
    16.01 1.68 20.82 10.99 14.30 12.62 -
    Average Annual
    As of 12/31/23
    Name 3 MO
    12/31/23
    YTD
    12/31/23
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon S&P 500 Index Fund
    PEOPX
    11.57 25.68 25.68 9.46 15.11 11.48 9.63
    S&P 500® Index
    11.69 26.29 26.29 10.00 15.69 12.03 -

    The performance data quotes 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. Investors cannot invest directly in any index.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical Performance

      Past performance is no guarantee of future results.

      Yearly Total Return

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


      Prospectus Fee Table Expense Ratios

      As of  03/01/23 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%
      Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.
      The fund's investment adviser, 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 Adviser

      The fund's investment adviser is BNY Mellon Investment Adviser, Inc. (BNYM Investment Adviser). David France, CFA, Todd Frysinger, CFA, Vlasta Sheremeta, CFA, Michael Stoll and Marlene Walker Smith are the fund's primary portfolio managers, positions they have held since October 2020. Messrs. France, Frysinger and Stoll and Ms. Sheremeta are each a vice president and senior portfolio manager at Mellon Investments Corporation (Mellon), an affiliate of BNYM Investment Adviser. Ms. Walker Smith is a director and head of equity index portfolio management at Mellon. Messrs. France, Frysinger, Stoll and Mses. Sheremeta and Walker Smith also are employees of BNYM Investment Adviser.

      Top Holdings

      As of 01/31/24

      Asset Allocation


          Daily Statistics

          As of 02/28/24 Name NAV Change 12/19/23  12 Month 
          High Nav
          03/13/23  12 Month 
          Low Nav
          YTD Return
          PEOPX
          $54.34
          -$0.09
          -0.17%
          $54.80 $43.90 6.45%

          Performance Metrics

          Overall Morningstar Rating


          MORNINGSTAR CATEGORY Large Blend


          Morningstar Rating™ as of 01/31/24 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 (1302 funds rated); 3 Yrs. 3 Stars (1302 funds rated); 5 Yrs. 3 Stars (1188 funds rated); 10 Yrs. 4 Stars (896 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
            79 out of 117
          • 3 Year
            78 out of 116
          • 5 Year
            76 out of 113
          • 10 Year
            60 out of 93

          LIPPER CLASSIFICATION S&P 500 Index Funds


          Lipper Category returns and rankings as of 01/31/24, 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  01/31/24  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          PEOPX
          17.51 -0.50 1.00 100.00 0.51

          All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is S&P 500® Index.


          Alpha - Alpha is a measure of a security's or portfolio's excess return.

          Beta - Beta is a measure of a security’s or portfolio’s volatility, or systematic risk.

          R-Squared - R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

          Sharpe Ratio - Sharpe ratio is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.

          Standard Deviation - Standard deviation is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.


          Dividend Schedule

          Declared
          Annually
          Distributed
          Annually
          Paid
          Annually
          Fiscal Year End
          Oct 31
          Year Dividend ($) Capital Gains ($)
          2023 0.5945 3.1601
          2022 0.6202 4.5175
          2021 0.5825 7.1379
          2020 0.7507 5.5604
          2019 0.8448 6.3852
          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

          There is no guarantee that the fund will distribute any level annually. Capital gains may be short-term, long-term, or both.

          Distributions History

          Record Date Ex-Dividend Date Payable Date Ordinary 
          Non-Qualified 
          Dividends
          Qualified 
          Dividends
          Non-Qualified 
          Short-Term 
          Capital Gain
          Qualified 
          Short-Term 
          Capital Gain
          Long-Term 
          Capital Gain
          Total 
          Distribution
          12/20/23 12/21/23 12/21/23 0.0000 0.5945 0.0000 0.0000 3.1601 3.7546
          Record Date Ex-Dividend Date Payable Date Ordinary 
          Non-Qualified 
          Dividends
          Qualified 
          Dividends
          Non-Qualified 
          Short-Term 
          Capital Gain
          Qualified 
          Short-Term 
          Capital Gain
          Long-Term 
          Capital Gain
          Total 
          Distribution
          12/21/22 12/22/22 12/22/22 0.0000 0.6202 0.0000 0.0000 4.5175 5.1377
          12/21/21 12/22/21 12/22/21 0.0000 0.5825 0.0000 0.1065 7.0314 7.7204
          12/23/20 12/24/20 12/24/20 0.0000 0.7507 0.0000 0.0384 5.5176 6.3067
          03/23/20 03/24/20 03/24/20 0.0000 0.0000 0.0000 0.0000 0.0044 0.0044
          12/24/19 12/26/19 12/26/19 0.0000 0.8448 0.0000 0.0000 6.3766 7.2214
          03/18/19 03/19/19 03/19/19 0.0000 0.0000 0.0000 0.0000 0.0086 0.0086
          12/24/18 12/26/18 12/26/18 0.0000 0.8434 0.0000 0.0380 6.4375 7.3189
          03/19/18 03/20/18 03/20/18 0.0000 0.0000 0.0000 0.0000 0.0086 0.0086
          12/26/17 12/27/17 12/27/17 0.0000 0.8640 0.0000 0.0603 4.0460 4.9703
          03/20/17 03/21/17 03/21/17 0.0000 0.0000 0.0000 0.0000 0.0062 0.0062
          12/27/16 12/28/16 12/28/16 0.0000 0.9050 0.0000 0.0349 4.3487 5.2886
          03/21/16 03/22/16 03/22/16 0.0000 0.0000 0.0000 0.0000 0.0140 0.0140
          12/28/15 12/29/15 12/29/15 0.0000 0.8692 0.0000 0.0567 2.8472 3.7731
          03/23/15 03/24/15 03/24/15 0.0000 0.0000 0.0000 0.0000 0.0105 0.0105
          12/26/14 12/29/14 12/29/14 0.0000 0.8321 0.0000 0.0729 2.7121 3.6171
          03/17/14 03/18/14 03/18/14 0.0000 0.0000 0.0000 0.0000 0.0081 0.0081
          12/26/13 12/27/13 12/27/13 0.0000 0.7384 0.0000 0.0626 0.9496 1.7506
          03/18/13 03/19/13 03/19/13 0.0000 0.0000 0.0000 0.0000 0.0010 0.0010
          12/26/12 12/27/12 12/27/12 0.0000 0.7130 0.0000 0.0408 0.5073 1.2611
          03/26/12 03/27/12 03/27/12 0.0000 0.0000 0.0000 0.0000 0.0029 0.0029
          12/27/11 12/28/11 12/28/11 0.0000 0.5560 0.0000 0.0504 0.1675 0.7739
          03/28/11 03/29/11 03/29/11 0.0000 0.0000 0.0000 0.0000 0.0026 0.0026
          12/28/10 12/29/10 12/29/10 0.0000 0.5103 0.0000 0.0000 0.7573 1.2676
          12/28/09 12/29/09 12/29/09 0.0000 0.5140 0.0000 0.0000 0.0000 0.5140
          12/26/08 12/29/08 12/29/08 0.0000 0.6720 0.0000 0.0000 0.0000 0.6720
          12/27/07 12/28/07 12/28/07 0.0000 0.6710 0.0000 0.0000 0.0000 0.6710
          03/28/07 03/29/07 03/29/07 0.0000 0.0000 0.0000 0.0000 0.0040 0.0040
          12/27/06 12/28/06 12/28/06 0.0000 0.5600 0.0000 0.0000 1.3370 1.8970
          12/27/05 12/28/05 12/28/05 0.0000 0.4830 0.0000 0.0000 0.0000 0.4830
          12/10/04 12/13/04 12/13/04 0.0000 0.5211 0.0000 0.0000 0.0000 0.5211
          12/03/03 12/04/03 12/04/03 0.0000 0.3462 0.0000 0.0000 0.0000 0.3462
          12/02/02 12/03/02 12/03/02 0.3100 0.0000 0.0000 0.0000 0.0000 0.3100
          12/20/01 12/21/01 12/21/01 0.3100 0.0000 0.0000 0.0000 0.0000 0.3100
          12/14/00 12/15/00 12/15/00 0.3100 0.0000 0.0000 0.0000 0.0000 0.3100
          12/21/99 12/22/99 12/22/99 0.3200 0.0000 0.2000 0.0000 0.0000 0.8310
          12/22/98 12/23/98 12/23/98 0.3600 0.0000 0.0000 0.0000 0.0000 0.3600
          07/10/98 07/13/98 07/13/98 0.0000 0.0000 0.0000 0.0000 0.0000 0.0077
          12/19/97 12/22/97 12/22/97 0.3000 0.0000 0.1150 0.0000 0.0000 0.7575
          12/27/96 12/30/96 12/30/96 0.3750 0.0000 0.1150 0.0000 0.0000 1.0360
          12/27/95 12/28/95 12/28/95 0.3200 0.0000 0.0450 0.0000 0.0000 0.5350
          12/29/94 12/30/94 12/30/94 0.4150 0.0000 0.0050 0.0000 0.0000 1.7450
          12/30/93 12/31/93 12/31/93 0.3100 0.0000 0.0150 0.0000 0.0000 0.9700
          12/30/92 12/31/92 12/31/92 0.4000 0.0000 0.0000 0.0000 0.0000 0.4350
          See all rows...

          Literature

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