- What does PEOPX invest in?
- The fund's core objective is to closely mirror the performance of the S&P 500® Index. To achieve this, it typically allocates substantially all of its assets to the common stocks that constitute the S&P 500®, alongside holding financial futures contracts whose returns are directly linked to the index. Specifically, the fund invests in all 500 companies included in the S&P 500®, ensuring their representation within the fund precisely matches their weighting within the index. The S&P 500® itself is a passively managed benchmark, composed of 500 prominent U.S. equities selected to represent the breadth of the American economic landscape, and is widely regarded as a key indicator of the overall stock market's performance.
- What is the expense ratio of PEOPX?
- BNY Mellon S&P 500 Index Fund (PEOPX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PEOPX?
- BNY Mellon S&P 500 Index Fund (PEOPX) manages $2.68B 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 PEOPX actively managed or an index fund?
- PEOPX 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 (PEOPX's is 0.50%) because there's no security selection cost.
- When was PEOPX launched?
- BNY Mellon S&P 500 Index Fund (PEOPX) launched in December 1989 and is managed by the fund issuer.
- How has PEOPX performed?
- PEOPX'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.
