BNY Mellon MidCap Index Fund (PESPX)
BNY Mellon MidCap Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $29.93, up 0.27% on the session, giving a market capitalisation of $1.28B. Its beta of 1.05 implies it has historically moved more than the broad market.
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.
BNY Mellon MidCap Index Fund is most often compared with the following Financial Services names: