Fund Evaluator:

BNY Mellon Small Cap Stock Index Inv Overview

BNY Mellon Small Cap Stock Index Inv (DISSX) is a passively managed U.S. Equity Small Blend fund. BNY Mellon launched the fund in 1997.

The investment seeks to match the performance of the S&P SmallCap 600® Index. To pursue its goal, the fund generally is fully invested in all of the stocks that comprise the S&P SmallCap 600® Index and in futures whose performance is tied to the index. It generally invests in all 600 stocks in the index in proportion to their weighting in the index; however, at times, the fund may invest in a representative sample of stocks included in the index and in futures whose performance is tied to the index. Under these circumstances, the adviser expects to invest in approximately 500 or more of the stocks in the index.

About BNY Mellon Small Cap Stock Index Inv (DISSX)

There are 5 members of the management team with an average tenure of 5.68 years: Marlene Walker-Smith (2020), David France (2020), Todd Frysinger (2020), Vlasta Sheremeta (2020), Michael Stoll (2020). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P Composite 1500 (TR) USD index with a weighting of 100% and S&P SmallCap 600 TR USD index with a weighting of 100%. BNY Mellon Small Cap Stock Index Inv has 606 securities in its portfolio. The top 10 holdings constitute 6.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

BNY Mellon Small Cap Stock Index Inv is part of the Equity global asset class and is within the U.S. Equity fund group. BNY Mellon Small Cap Stock Index Inv has 0.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.0%. There is 0.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). BNY Mellon Small Cap Stock Index Inv has 0.3% of the portfolio in cash.

Assets Under Management

The fund has $781 million in total assets, which is above the $694 million average for the Small Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

DISSX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The BNY Mellon Small Cap Stock Index Inv expense ratio is average compared to funds in the Small Blend category. BNY Mellon Small Cap Stock Index Inv has an expense ratio of 0.50%, which is 52% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. BNY Mellon Small Cap Stock Index Inv has a portfolio turnover rate of 47%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 65% for the Small Blend category.

Recently, in the month of June 2026, BNY Mellon Small Cap Stock Index Inv returned 7.3%, which earned it a grade of B, as the Small Blend category had an average return of 5.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

BNY Mellon Small Cap Stock Index Inv has a trailing yield of 0.95%, which is above the 0.41% category average. The fund normally distributes its income annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

BNY Mellon Small Cap Stock Index Inv Grades

Year to date, the fund has returned 23.7%, 2.0 percentage points better than the category, which translates into a grade of B. The fund has returned 36.9% over the past year (grade of C), 15.5% over the past three years (grade of D) and 6.9% per year over the past five years (grade of D) and 11.0% per year over the past 10 years (grade of C).

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