BNY Mellon Midcap Index Fund, Inc.

Why invest in this Fund?

The fund seeks to match the performance of the Standard & Poor's MidCap 400 Index (the 'Index'), which is composed of 400 selected common stocks of medium-size domestic companies. 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 fees and expenses.

Min. class investment
$1,000
Class Inception Date
06/19/91
Fund Assets
$2,745,923,807  As of  08/20/19
Class Assets
$1,934,908,374  As of  08/20/19
Portfolio Turnover Rate
15.73%  As of fiscal year end  10/31/18
Morningstar Category
Mid-Cap Blend
Benchmark
S&P MidCap 400(r) Index
Morningstar Overall Rating
Fund Holdings
403  As of  07/31/19

Morningstar Rating™ as of July 31, 2019 for the Investor Shares class shares; other classes may have different performance characteristics. Overall rating for the Mid-Cap Blend category. Fund ratings are out of 5 Stars: Overall 3 Stars (359 funds rated); 3 Yrs. 3 Stars (359 funds rated); 5 Yrs. 4 Stars (312 funds rated); 10 Yrs. 3 Stars (233 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  07/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Midcap Index Fund, Inc.
PESPX
0.30 9.26 8.72 13.28 11.43 06/19/91
S&P MidCap 400(r) Index
0.79 9.79 9.23 13.82 - -
As of  06/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Midcap Index Fund, Inc.
PESPX
0.86 10.36 7.52 14.10 11.43 06/19/91
S&P MidCap 400(r) Index
1.36 10.90 8.02 14.64 - -
As of  07/31/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Midcap Index Fund, Inc.
PESPX
0.30 30.43 51.93 248.03 1,998.69 06/19/91
S&P MidCap 400(r) Index
0.79 32.35 55.46 264.90 - -
As of  06/30/19 Name 1 YR 3 YRS 5 YRS 10 YRS Since Inception Inception Date
BNY Mellon Midcap Index Fund, Inc.
PESPX
0.86 34.42 43.70 273.97 1,974.77 06/19/91
S&P MidCap 400(r) Index
1.36 36.41 47.07 292.13 - -
The S&P MidCap 400® Index provides investors with a benchmark for midsized companies. The index measures the performance of midsized companies, reflecting the distinctive risk and return characteristics of this market segment. Investors cannot invest directly in any index.

Growth of $10,000 Investment

Historical Performance

    Yearly Total Return

    Fund 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
    PESPX
    -11.50% 15.68% 20.23% -2.63% 9.37% 32.86% 17.21% -2.20% 26.03% 37.04%

    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%
    Service Fee 0.25%
    Total Expenses 0.50%

    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%
    BNY Mellon Investment Adviser, Inc. has agreed in its investment management agreement with the fund to 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. This provision in the investment management agreement may not be amended without the approval of the fund's shareholders. BNY Mellon Investment Adviser, Inc. also has agreed to reduce its fees pursuant to the investment 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).

    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
    IDEX 0.73
    Steris 0.72
    Leidos Holdings 0.68
    Zebra Technologies, Cl. A 0.65
    NVR 0.65
    Old Dominion Freight Line 0.62
    Trimble 0.61
    FactSet 0.61
    Teledyne Technologies 0.60
    West Pharmaceutical Services 0.58

    Asset Allocation


        Daily Statistics

        As of  08/20/19 Name NAV Change 09/14/18  12 Month 
        High Nav
        01/03/19  12 Month 
        Low Nav
        YTD Return
        PESPX
        $32.68
        -$0.27
        -0.82%
        $40.36 $28.23 13.63%

        Performance Metrics

        Overall Morningstar Rating


        MORNINGSTAR CATEGORY Mid-Cap Blend


        Morningstar Rating™ as of 07/31/19 for the Investor Shares shares; other classes may have different performance characteristics. Overall rating for the Mid-Cap Blend. Fund ratings are out of 5 Stars: Overall 3 Stars (904 funds rated); 3 Yrs. 3 Stars (359 funds rated); 5 Yrs. 4 Stars (312 funds rated); 10 Yrs. 3 Stars (233 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
          24 out of 40
        • 3 Year
          20 out of 34
        • 5 Year
          18 out of 33
        • 10 Year
          11 out of 21

        LIPPER CLASSIFICATION S&P Midcap 400 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  07/31/19, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
        PESPX
        14.99 -5.18 1.16 87.21 0.57

        Dividend Schedule

        Declared
        Annually
        Distributed
        Annually
        Paid
        Annually
        Fiscal Year End
        Oct 31
        Year Dividend ($) Capital Gains ($)
        2019 0.0000 0.0352
        2018 0.4434 3.6597
        2017 0.3546 2.9752
        2016 0.3810 3.3998
        2015 0.4342 3.9475
        2014 0.4015 2.2284
        2013 0.3222 1.3546
        2012 0.3370 1.0989
        2011 0.1980 1.1367
        2010 0.2228 0.3823
        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
        PESPX
        0.0000 0.0000 0.0000 0.0000 0.0352 0.0352 32.91
        Record Date Ex-Dividend Date Payable Date
        PESPX
        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
        PESPX
        Final 0.0756 0.3678 0.0343 0.1669 3.4301 4.0747 28.37
        Record Date Ex-Dividend Date Payable Date
        PESPX
        12/24/18 12/26/18 12/26/18