BNY Mellon MidCap Index Fund

Frequently Asked Questions About PESPX

What does PESPX invest in?

This fund strives to achieve its investment objective by typically committing its entire portfolio to the equity securities comprising the S&P MidCap 400® Index, as well as to futures contracts that reflect the index's performance. Its strategy generally entails purchasing shares in all 400 companies included in the S&P MidCap 400® Index, mirroring their respective weightings within that benchmark. The S&P MidCap 400® Index itself is a passively managed benchmark, consisting of 400 common stocks issued by medium-sized corporations.

What is the expense ratio of PESPX?

BNY Mellon MidCap Index Fund (PESPX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PESPX?

BNY Mellon MidCap Index Fund (PESPX) manages $1.35B 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 PESPX actively managed or an index fund?

PESPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PESPX launched?

BNY Mellon MidCap Index Fund (PESPX) launched in June 1991 and is managed by the fund issuer.

How has PESPX performed?

PESPX'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.