BNY Mellon Institutional S&P 500 Stock Index Fund Class I (DSPIX)
| Fund Assets | 1.37B |
| Expense Ratio | 0.21% |
| Min. Investment | $1,000 |
| Turnover | 2.44% |
| Dividend (ttm) | 15.19 |
| Dividend Yield | 35.16% |
| Dividend Growth | 6.19% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 43.20 |
| YTD Return | -3.57% |
| 1-Year Return | 18.12% |
| 5-Year Return | 73.66% |
| 52-Week Low | 41.68 |
| 52-Week High | 59.90 |
| Beta (5Y) | 1.07 |
| Holdings | 505 |
| Inception Date | Sep 30, 1993 |
About DSPIX
BNY Mellon Institutional S&P 500 Stock Index Fund Class I is an institutional mutual fund designed to closely mirror the performance of the S&P 500 Index, which represents large-cap U.S. equities. The fund employs a passive investment strategy, investing at least 95% of its assets in the common stocks that comprise the S&P 500. This approach aims to deliver returns that match the total return of the benchmark index by maintaining a diversified portfolio aligned with its sector and security composition. As a large blend fund, it provides exposure to major sectors such as technology, consumer cyclical, and communication services, with prominent holdings including Apple, Microsoft, NVIDIA, and Amazon.com. The fund is characterized by a low expense ratio and a sizable asset base, making it cost-effective for institutional investors seeking efficient, broad-based U.S. equity market participation. It plays a significant role within portfolios as a core equity holding for those desiring index-based exposure—offering consistent performance and diversification reflective of the broader U.S. stock market.
Performance
DSPIX had a total return of 18.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.22%.
Top 10 Holdings
37.90% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.73% |
| Apple Inc. | AAPL | 6.38% |
| Microsoft Corporation | MSFT | 5.33% |
| Amazon.com, Inc. | AMZN | 3.88% |
| Alphabet Inc. | GOOGL | 3.27% |
| Alphabet Inc. | GOOG | 2.62% |
| Broadcom Inc. | AVGO | 2.61% |
| Meta Platforms, Inc. | META | 2.60% |
| Tesla, Inc. | TSLA | 2.01% |
| Berkshire Hathaway Inc. | BRK.B | 1.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $14.7131 | Dec 23, 2025 |
| Nov 4, 2025 | $0.152 | Nov 4, 2025 |
| Aug 4, 2025 | $0.157 | Aug 4, 2025 |
| May 2, 2025 | $0.169 | May 2, 2025 |
| Dec 23, 2024 | $13.7336 | Dec 23, 2024 |
| Nov 4, 2024 | $0.190 | Nov 4, 2024 |