# BNY Mellon MidCap Index Fund (PESPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pespx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BNY Mellon · Asset class: Equity - Strategy: Passive Index · Inception: 1991-06-19 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. ## Key Facts | Metric | Value | |---|---| | Price | $30.03 | | Expense Ratio | 0.50% | | AUM (All Share Classes) | $1.20B | | NAV | $30.03 | | Holdings Count | — | | Distribution Yield (TTM) | 10.99% | | Annual Distribution (TTM) | $3.30 /share | | Distribution Frequency | Annual | | 52-Week Range | $26.84 – $32.19 | | Beta | 1.07 | ## Latest Distribution - Amount: $3.3015 /share - Ex-date: 2025-12-23 - Pay date: 2025-12-23 ## Frequently Asked Questions ### 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) is one share class of a fund that manages $1.20B across all of its share classes (DMIDX 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 PESPX actively managed or an index fund? PESPX 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 (PESPX's is 0.50%) because there's no security selection cost. ### When was PESPX launched? BNY Mellon MidCap Index Fund (PESPX) launched in June 1991 and is managed by BNY Mellon. ### 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. ### Does PESPX pay a dividend? BNY Mellon MidCap Index Fund (PESPX) currently distributes little or no income. Trailing-twelve-month yield is 10.99%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PESPX pay dividends? BNY Mellon MidCap Index Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PESPX's dividend yield? PESPX's trailing-twelve-month yield is 10.99%, calculated from the sum of dividends over the past year divided by the current price. ### When is PESPX's next ex-dividend date? The most recently announced ex-dividend date for PESPX was 2025-12-23. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PESPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PESPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PESPX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PESPX cost more than a fund like VOO? PESPX is a passive index fund (current expense ratio 0.50%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to PESPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PESPX (0.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pespx - Distribution history: https://www.dividenddata.com/funds/pespx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pespx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pespx/expenses - Peer comparison: https://www.dividenddata.com/funds/pespx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.