PEOPX Fees and Costs — BNY Mellon S&P 500 Index Fund
Data updated: 2026-09-24
The net expense ratio is 0.50%: a 0.25% management fee plus 0.26% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $11K in broker commissions, 0.0004% of average net assets, and portfolio turnover was 3%.
PEOPX Fees and Expenses
Annual operating expenses and sales charges of PEOPX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.26% |
| Gross expense ratio | 0.51% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PEOPX Costs Over Time
On $10,000 invested in PEOPX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.53% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $173 | $316 |
| Value after costs | $10,447 | $11,403 | $12,447 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
PEOPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0004%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $367.6M
- Portfolio turnover (prospectus): 3%
- Securities on loan, average value: $29.0M
- Net income from securities lending: $37K (0.002% of average net assets)
PEOPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $2K | 19.08% |
| GOLDMAN SACHS & CO. LLC | $2K | 16.04% |
| MORGAN STANLEY & CO. LLC | $1K | 13.88% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $1K | 12.21% |
| J.P. MORGAN SECURITIES LLC | $1K | 11.56% |
| PIPER SANDLER & CO. | $1K | 10.89% |
| CANTOR FITZGERALD & CO. | $503 | 4.79% |
| MACQUARIE CAPITAL (USA), INC. | $496 | 4.72% |
| INSTINET, LLC | $460 | 4.38% |
| CITIGROUP GLOBAL MARKETS INC. | $257 | 2.45% |
PEOPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA FINANCIAL GROUP LLLP | $60.4M | 17.59% |
| PIPER SANDLER & CO. | $56.4M | 16.41% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $54.4M | 15.84% |
| CitiGroup Global Markets Inc. | $44.8M | 13.04% |
| Macquarie Capital (USA) Inc. | $29.2M | 8.49% |
| CANTOR FITZGERALD & CO. | $25.6M | 7.44% |
| INSTINET, LLC | $22.6M | 6.57% |
| GOLDMAN SACHS & CO. LLC | $19.6M | 5.70% |
| BARCLAYS CAPITAL, INC. | $16.5M | 4.80% |
| J.P. Morgan Securities LLC | $14.2M | 4.12% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.