BNY Mellon MidCap Index Fund

Frequently Asked Questions About DMIDX

What does DMIDX invest in?

To pursue its goal, the fund generally is fully invested in stocks included in the S&P MidCap 400® Index and in futures whose performance is tied to the index. It generally invests in all of the stocks in the S&P MidCap 400® Index in proportion to their weighting in the index. The S&P MidCap 400® Index is an unmanaged index of 400 common stocks of medium-size companies.

What is the expense ratio of DMIDX?

BNY Mellon MidCap Index Fund (DMIDX) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DMIDX?

BNY Mellon MidCap Index Fund (DMIDX) is one share class of a fund that manages $1.20B across all of its share classes (PESPX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DMIDX actively managed or an index fund?

DMIDX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DMIDX's is 0.25%) because there's no security selection cost.

When was DMIDX launched?

BNY Mellon MidCap Index Fund (DMIDX) launched in August 2016 and is managed by BNY Mellon.

How has DMIDX performed?

DMIDX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.