BNY Mellon Institutional S&P 500 Stock Index Fund Class I

Frequently Asked Questions About DSPIX

What does DSPIX invest in?

This fund aims to allocate a minimum of 95% of its overall assets to the common stocks represented within the S&P 500® Index. To consistently match the benchmark's performance, its portfolio managers employ a passive management strategy, typically acquiring every security that comprises the S&P 500® Index.

What is the expense ratio of DSPIX?

BNY Mellon Institutional S&P 500 Stock Index Fund Class I (DSPIX) charges an expense ratio of 0.21%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DSPIX?

BNY Mellon Institutional S&P 500 Stock Index Fund Class I (DSPIX) manages $1.33B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is DSPIX actively managed or an index fund?

DSPIX 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 (DSPIX's is 0.21%) because there's no security selection cost.

When was DSPIX launched?

BNY Mellon Institutional S&P 500 Stock Index Fund Class I (DSPIX) launched in September 1993 and is managed by BNY Mellon.

How has DSPIX performed?

DSPIX'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.