BNY Mellon Smallcap Stock Index Fund (DISIX)
BNY Mellon Smallcap Stock Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $27.41, up 0.48% on the session, giving a market capitalisation of $909.7M. Its beta of 1.08 implies it has historically moved more than the broad market.
The fund's primary goal is achieved by typically investing its assets across all the companies that comprise the S&P SmallCap 600® Index, along with holding futures contracts designed to mirror the index's performance. This usually entails acquiring all 600 individual stocks within the index in proportions that reflect their weighting. However, there are times when the fund might instead opt to invest in a carefully chosen, representative sample of stocks from the index, in combination with index-tracking futures. Under such circumstances, the advisor anticipates the fund will include approximately 500 or more of the index's constituent companies in its portfolio.
BNY Mellon Smallcap Stock Index Fund is most often compared with the following Financial Services names: