0001775697-21-001121.txt : 20211129 0001775697-21-001121.hdr.sgml : 20211129 20211129101928 ACCESSION NUMBER: 0001775697-21-001121 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211129 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BNY MELLON STOCK INDEX FUND, INC. CENTRAL INDEX KEY: 0000846800 IRS NUMBER: 133537664 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-05719 FILM NUMBER: 211453447 BUSINESS ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 2129226400 MAIL ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS STOCK INDEX FUND, INC. DATE OF NAME CHANGE: 20181030 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS STOCK INDEX FUND INC DATE OF NAME CHANGE: 20020514 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS LIFE & ANNUITY INDEX FUND INC DATE OF NAME CHANGE: 19920703 0000846800 S000001911 BNY Mellon Stock Index Fund, Inc. C000005028 BNY Mellon Stock Index Fund, Inc. - Initial Shares C000005029 BNY Mellon Stock Index Fund, Inc. - Service Shares NPORT-P 1 primary_doc.xml NPORT-P false 0000846800 XXXXXXXX S000001911 C000005028 C000005029 BNY Mellon Stock Index Fund, Inc. 811-05719 0000846800 549300TUUWM9ZQT5RB19 240 Greenwich Street New York 10286 212 495 1784 BNY Mellon Stock Index Fund, Inc. 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NS USD 5925736.80 0.1852614332096 Long EC CORP US N 1 N N N TRIMBLE INC 549300E2MI7NSZFQWS19 TRIMBLE INC 896239100 20716.00 NS USD 1703891.00 0.0532702175859 Long EC CORP US N 1 N N N PENN NATIONAL GAMING INC N/A PENN NATIONAL GAMING INC 707569109 12810.00 NS USD 928212.60 0.0290195130838 Long EC CORP US N 1 N N TESLA INC 54930043XZGB27CTOV49 TESLA INC 88160R101 70402.00 NS USD 54595342.96 1.7068614122961 Long EC CORP US N 1 N N N MONOLITHIC POWER SYSTEMS INC 529900TB7O85LSZ1XU31 MONOLITHIC POWER SYSTEMS INC 609839105 3420.00 NS USD 1657605.60 0.0518231571055 Long EC CORP US N 1 N N N GENERAC HOLDINGS INC 529900S2H2AHJHSFFI84 GENERAC HOLDINGS INC 368736104 5416.00 NS USD 2213356.72 0.0691980848949 Long EC CORP US N 1 N N N APA CORP 72ZZ1XRHOOU9P9X16K08 APA CORP 03743Q108 33862.00 NS USD 725662.66 0.0226870191768 Long EC CORP US N 1 N N N KEYSIGHT TECHNOLOGIES INC 549300GLKVIO8YRCYN02 KEYSIGHT TECHNOLOGIES INC 49338L103 16062.00 NS USD 2638825.98 0.0824998982482 Long EC CORP US N 1 N N 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549300FHJQTDPPN41627 CELANESE CORP 150870103 9917.00 NS USD 1493896.88 0.0467049898429 Long EC CORP US N 1 N N N VIATRIS INC 254900ZZTSW7NL773X71 VIATRIS INC 92556V106 108169.00 NS USD 1465689.95 0.0458231322015 Long EC CORP US N 1 N N N BROWN & BROWN INC 549300PC8KTJ71XKFY89 BROWN & BROWN INC 115236101 18715.00 NS USD 1037746.75 0.0324439739229 Long EC CORP US N 1 N N N CERIDIAN HCM HOLDING INC 549300T64GVCHFJ8L449 CERIDIAN HCM HOLDING INC 15677J108 10800.00 NS USD 1216296.00 0.0380261135066 Long EC CORP US N 1 N N N MATCH GROUP INC 15OMOPB0A8K0EFUVD031 MATCH GROUP INC 57667L107 23050.00 NS USD 3618619.50 0.113132030233 Long EC CORP US N 1 N N N NXP SEMICONDUCTORS NV 724500M9BY5293JDF951 NXP SEMICONDUCTORS NV N/A 23084.00 NS USD 4521463.08 0.1413584097095 Long EC CORP NL N 1 N N N NEWS CORP 549300ITS31QK8VRBQ14 NEWS CORP 65249B109 36334.00 NS USD 854939.02 0.026728697797 Long EC CORP US N 1 N N N SEAGATE TECHNOLOGY HOLDINGS PLC 635400RUXIFEZSRU8X70 SEAGATE TECHNOLOGY HOLDINGS PLC N/A 18047.00 NS USD 1489238.44 0.0465593490054 Long EC CORP IE N 1 N N N FIRST REPUBLIC BANK/CA YWC0TIKBQM2JV8L4IV08 FIRST REPUBLIC BANK/CA 33616C100 15443.00 NS USD 2978645.84 0.0931239803533 Long EC CORP US N 1 N N N LAMB WESTON HOLDINGS INC 5493005SMYID1D2OY946 LAMB WESTON HOLDINGS INC 513272104 13124.00 NS USD 805419.88 0.0251805381069 Long EC CORP US N 1 N N N BATH & BODY WORKS INC GR3KVMWVCR54YWQNXU90 BATH & BODY WORKS INC 070830104 21095.00 NS USD 1329617.85 0.0415689924858 Long EC CORP US N 1 N N N ORGANON & CO 549300AMCKY57OK2CO56 ORGANON & CO 68622V106 22483.00 NS USD 737217.57 0.0230482703189 Long EC CORP US N 1 N N N GENERAL ELECTRIC CO 3C7474T6CDKPR9K6YT90 GENERAL ELECTRIC CO 369604301 96159.00 NS USD 9907261.77 0.309739290934 Long EC CORP US N 1 N N N DREYFUS INSTITUTIONAL PREFERRE 549300RBWL04JG8SIX57 Dreyfus Institutional Preferred Government Plus Money Market Fund N/A 25270690.29 OU Other Units USD 25270690.29 0.7900594405953 Long STIV RF US N 1 2099-12-01 Variable 0.061343 N N N N N N ESZ1 INDEX N/A S&P500 EMINI FUT DEC21 N/A 131.00 NC USD 28150262.50 0.8800859963909 Long DE US N 1 N/A N/A Long ESZ1 INDEX_REF S&P500 EMINI FUT DEC21 2021-12-17 28150262.50 USD -909103.62 N N N 99VVB9HH4 N/A DREYFUS INST PREF GOVT PLUS MMF - SL #4134 99VVB9HH4 1136484.00 OU Other Units USD 1136484.00 0.0355308819419 Long RF US N 1 N N 2021-11-23 BNY Mellon Advantage Funds, Inc. James Windels James Windels Fund Treasurer XXXX NPORT-EX 2 c10730bnymell-september20211.htm Untitled Document

STATEMENT OF INVESTMENTS
BNY Mellon Stock Index Fund, Inc.

September 30, 2021 (Unaudited)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4%

     

Automobiles & Components - 2.2%

     

Aptiv

   

23,374

a 

3,482,025

 

BorgWarner

   

21,472

 

927,805

 

Ford Motor

   

339,255

a 

4,803,851

 

General Motors

   

125,092

a 

6,593,599

 

Tesla

   

70,402

a 

54,595,343

 
    

70,402,623

 

Banks - 4.4%

     

Bank of America

   

644,613

 

27,363,822

 

Citigroup

   

176,431

 

12,381,928

 

Citizens Financial Group

   

36,156

 

1,698,609

 

Comerica

   

11,824

 

951,832

 

Fifth Third Bancorp

   

61,047

 

2,590,835

 

First Republic Bank

   

15,443

 

2,978,646

 

Huntington Bancshares

   

121,125

 

1,872,592

 

JPMorgan Chase & Co.

   

260,105

 

42,576,587

 

KeyCorp

   

82,510

 

1,783,866

 

M&T Bank

   

11,504

 

1,718,007

 

People's United Financial

   

38,126

 

666,061

 

Regions Financial

   

86,518

 

1,843,699

 

SVB Financial Group

   

5,072

a 

3,280,975

 

The PNC Financial Services Group

   

37,182

 

7,274,286

 

Truist Financial

   

116,190

 

6,814,543

 

U.S. Bancorp

   

117,550

 

6,987,172

 

Wells Fargo & Co.

   

357,416

 

16,587,677

 

Zions Bancorp

   

13,795

 

853,773

 
    

140,224,910

 

Capital Goods - 5.4%

     

3M

   

50,365

 

8,835,028

 

A.O. Smith

   

12,199

 

744,993

 

Allegion

   

8,254

 

1,091,014

 

AMETEK

   

20,060

 

2,487,641

 

Carrier Global

   

71,865

 

3,719,732

 

Caterpillar

   

47,580

 

9,133,933

 

Cummins

   

12,719

 

2,856,179

 

Deere & Co.

   

24,732

 

8,286,951

 

Dover

   

12,921

 

2,009,215

 

Eaton

   

34,813

 

5,197,929

 

Emerson Electric

   

51,939

 

4,892,654

 

Fastenal

   

49,466

 

2,552,940

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Capital Goods - 5.4% (continued)

     

Fortive

   

30,232

 

2,133,472

 

Fortune Brands Home & Security

   

12,458

 

1,113,994

 

Generac Holdings

   

5,416

a 

2,213,357

 

General Dynamics

   

20,084

 

3,937,067

 

General Electric

   

96,159

 

9,907,262

 

Honeywell International

   

60,389

 

12,819,377

 

Howmet Aerospace

   

35,006

 

1,092,187

 

Huntington Ingalls Industries

   

3,633

 

701,387

 

IDEX

   

6,579

 

1,361,524

 

Illinois Tool Works

   

25,127

 

5,191,992

 

Ingersoll Rand

   

33,163

a 

1,671,747

 

Johnson Controls International

   

62,539

 

4,257,655

 

L3Harris Technologies

   

17,495

 

3,853,099

 

Lockheed Martin

   

21,416

 

7,390,662

 

Masco

   

21,722

 

1,206,657

 

Northrop Grumman

   

13,070

 

4,707,160

 

Otis Worldwide

   

35,072

 

2,885,724

 

PACCAR

   

30,769

 

2,428,289

 

Parker-Hannifin

   

11,240

 

3,142,929

 

Pentair

   

14,918

b 

1,083,494

 

Quanta Services

   

11,904

 

1,354,913

 

Raytheon Technologies

   

131,660

 

11,317,494

 

Rockwell Automation

   

10,012

 

2,943,928

 

Roper Technologies

   

9,105

 

4,062,014

 

Snap-on

   

4,748

 

992,095

 

Stanley Black & Decker

   

14,364

 

2,518,153

 

Textron

   

19,091

 

1,332,743

 

The Boeing Company

   

48,190

a 

10,598,909

 

Trane Technologies

   

21,004

 

3,626,341

 

TransDigm Group

   

4,559

a 

2,847,415

 

United Rentals

   

6,313

a 

2,215,421

 

W.W. Grainger

   

3,824

 

1,503,061

 

Westinghouse Air Brake Technologies

   

15,991

 

1,378,584

 

Xylem

   

16,161

 

1,998,792

 
    

173,597,107

 

Commercial & Professional Services - .9%

     

Cintas

   

7,674

 

2,921,185

 

Copart

   

17,924

a 

2,486,417

 

Equifax

   

10,640

 

2,696,389

 

IHS Markit

   

34,506

 

4,024,090

 

Jacobs Engineering Group

   

11,032

 

1,462,071

 

Leidos Holdings

   

11,995

 

1,153,079

 

Nielsen Holdings

   

32,535

 

624,347

 

Republic Services

   

18,861

 

2,264,452

 


        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Commercial & Professional Services - .9% (continued)

     

Robert Half International

   

10,267

 

1,030,088

 

Rollins

   

18,259

 

645,090

 

Verisk Analytics

   

14,285

 

2,860,857

 

Waste Management

   

33,911

 

5,064,947

 
    

27,233,012

 

Consumer Durables & Apparel - 1.1%

     

D.R. Horton

   

28,485

 

2,391,885

 

Garmin

   

13,374

 

2,079,122

 

Hanesbrands

   

28,212

 

484,118

 

Hasbro

   

11,430

 

1,019,785

 

Leggett & Platt

   

11,447

 

513,283

 

Lennar, Cl. A

   

23,921

 

2,240,919

 

Mohawk Industries

   

4,870

a 

863,938

 

Newell Brands

   

34,289

 

759,158

 

NIKE, Cl. B

   

110,923

 

16,109,347

 

NVR

   

290

a 

1,390,283

 

PulteGroup

   

22,964

 

1,054,507

 

PVH

   

5,827

a 

598,957

 

Ralph Lauren

   

4,329

 

480,692

 

Tapestry

   

24,883

 

921,169

 

Under Armour, Cl. A

   

16,914

a 

341,325

 

Under Armour, Cl. C

   

16,990

a 

297,665

 

VF

   

28,675

 

1,920,938

 

Whirlpool

   

5,610

 

1,143,655

 
    

34,610,746

 

Consumer Services - 2.1%

     

Booking Holdings

   

3,562

a 

8,455,725

 

Caesars Entertainment

   

17,947

a 

2,015,089

 

Carnival

   

69,567

a,b 

1,739,871

 

Chipotle Mexican Grill

   

2,436

a 

4,427,479

 

Darden Restaurants

   

11,675

 

1,768,412

 

Domino's Pizza

   

3,323

 

1,584,938

 

Expedia Group

   

12,306

a 

2,016,953

 

Hilton Worldwide Holdings

   

24,217

a 

3,199,308

 

Las Vegas Sands

   

29,452

a 

1,077,943

 

Marriott International, Cl. A

   

23,036

a 

3,411,401

 

McDonald's

   

64,891

 

15,645,869

 

MGM Resorts International

   

34,829

 

1,502,871

 

Norwegian Cruise Line Holdings

   

30,239

a,b 

807,684

 

Penn National Gaming

   

12,810

a,b 

928,213

 

Royal Caribbean Cruises

   

19,530

a 

1,737,193

 

Starbucks

   

102,413

 

11,297,178

 

Wynn Resorts

   

8,483

a 

718,934

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Consumer Services - 2.1% (continued)

     

Yum! Brands

   

25,912

 

3,169,297

 
    

65,504,358

 

Diversified Financials - 5.0%

     

American Express

   

56,015

 

9,384,193

 

Ameriprise Financial

   

10,061

 

2,657,311

 

Berkshire Hathaway, Cl. B

   

161,368

a 

44,043,782

 

BlackRock

   

12,433

 

10,427,060

 

Capital One Financial

   

39,145

 

6,340,316

 

Cboe Global Markets

   

9,693

 

1,200,575

 

CME Group

   

31,417

 

6,075,419

 

Discover Financial Services

   

26,529

 

3,259,088

 

Franklin Resources

   

24,306

 

722,374

 

Intercontinental Exchange

   

49,203

 

5,649,488

 

Invesco

   

29,757

 

717,441

 

MarketAxess Holdings

   

3,419

 

1,438,339

 

Moody's

   

13,945

 

4,952,009

 

Morgan Stanley

   

127,061

 

12,364,306

 

MSCI

   

7,187

 

4,372,140

 

Nasdaq

   

9,918

 

1,914,372

 

Northern Trust

   

18,663

 

2,012,058

 

Raymond James Financial

   

16,649

 

1,536,324

 

S&P Global

   

20,920

 

8,888,699

 

State Street

   

30,183

 

2,557,104

 

Synchrony Financial

   

46,449

 

2,270,427

 

T. Rowe Price Group

   

19,782

 

3,891,119

 

The Bank of New York Mellon

   

70,298

 

3,644,248

 

The Charles Schwab

   

131,413

 

9,572,123

 

The Goldman Sachs Group

   

29,344

 

11,092,912

 
    

160,983,227

 

Energy - 2.7%

     

APA

   

33,862

 

725,663

 

Baker Hughes

   

71,352

 

1,764,535

 

Chevron

   

168,115

 

17,055,267

 

ConocoPhillips

   

117,010

 

7,929,768

 

Coterra Energy

   

35,923

 

781,684

 

Devon Energy

   

51,656

 

1,834,305

 

Diamondback Energy

   

14,824

 

1,403,388

 

EOG Resources

   

50,917

 

4,087,108

 

Exxon Mobil

   

368,378

 

21,667,994

 

Halliburton

   

77,333

 

1,671,939

 

Hess

   

23,760

 

1,855,894

 

Kinder Morgan

   

167,831

 

2,807,813

 

Marathon Oil

   

67,602

 

924,119

 

Marathon Petroleum

   

55,811

 

3,449,678

 


        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Energy - 2.7% (continued)

     

Occidental Petroleum

   

75,152

 

2,222,996

 

ONEOK

   

39,719

 

2,303,305

 

Phillips 66

   

38,117

 

2,669,333

 

Pioneer Natural Resources

   

19,754

 

3,289,239

 

Schlumberger

   

121,924

 

3,613,827

 

The Williams Companies

   

104,560

 

2,712,286

 

Valero Energy

   

36,567

 

2,580,533

 
    

87,350,674

 

Food & Staples Retailing - 1.4%

     

Costco Wholesale

   

38,451

 

17,277,957

 

Sysco

   

45,324

 

3,557,934

 

The Kroger Company

   

59,250

 

2,395,477

 

Walgreens Boots Alliance

   

62,456

 

2,938,555

 

Walmart

   

123,983

 

17,280,751

 
    

43,450,674

 

Food, Beverage & Tobacco - 2.9%

     

Altria Group

   

160,590

 

7,310,057

 

Archer-Daniels-Midland

   

48,137

 

2,888,701

 

Brown-Forman, Cl. B

   

16,370

 

1,096,954

 

Campbell Soup

   

18,615

 

778,293

 

Conagra Brands

   

41,304

 

1,398,966

 

Constellation Brands, Cl. A

   

14,810

 

3,120,319

 

General Mills

   

52,595

 

3,146,233

 

Hormel Foods

   

25,178

 

1,032,298

 

Kellogg

   

21,651

 

1,383,932

 

Lamb Weston Holdings

   

13,124

 

805,420

 

McCormick & Co.

   

21,738

 

1,761,430

 

Molson Coors Beverage, Cl. B

   

16,874

 

782,616

 

Mondelez International, Cl. A

   

121,894

 

7,091,793

 

Monster Beverage

   

31,892

a 

2,832,966

 

PepsiCo

   

120,197

 

18,078,831

 

Philip Morris International

   

135,499

 

12,843,950

 

The Coca-Cola Company

   

337,605

 

17,714,134

 

The Hershey Company

   

12,575

 

2,128,319

 

The J.M. Smucker Company

   

9,235

 

1,108,477

 

The Kraft Heinz Company

   

56,202

 

2,069,358

 

Tyson Foods, Cl. A

   

25,227

 

1,991,419

 
    

91,364,466

 

Health Care Equipment & Services - 6.3%

     

Abbott Laboratories

   

154,582

 

18,260,772

 

ABIOMED

   

3,909

a 

1,272,458

 

Align Technology

   

6,343

a 

4,220,823

 

AmerisourceBergen

   

13,128

 

1,568,140

 

Anthem

   

21,256

 

7,924,237

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Health Care Equipment & Services - 6.3% (continued)

     

Baxter International

   

43,815

 

3,524,040

 

Becton Dickinson & Co.

   

24,999

 

6,145,254

 

Boston Scientific

   

124,171

a 

5,387,780

 

Cardinal Health

   

24,950

 

1,234,027

 

Centene

   

50,795

a 

3,165,036

 

Cerner

   

26,081

 

1,839,232

 

Cigna

   

29,605

 

5,925,737

 

CVS Health

   

114,340

 

9,702,892

 

Danaher

   

55,218

 

16,810,568

 

DaVita

   

5,804

a 

674,773

 

Dentsply Sirona

   

18,394

 

1,067,772

 

DexCom

   

8,541

a 

4,670,731

 

Edwards Lifesciences

   

54,339

a 

6,151,718

 

HCA Healthcare

   

21,469

 

5,210,956

 

Henry Schein

   

11,736

a 

893,814

 

Hologic

   

22,072

a 

1,629,134

 

Humana

   

11,269

 

4,385,331

 

IDEXX Laboratories

   

7,447

a 

4,631,289

 

Intuitive Surgical

   

10,287

a 

10,226,821

 

Laboratory Corp. of America Holdings

   

8,401

a 

2,364,377

 

McKesson

   

13,740

 

2,739,481

 

Medtronic

   

116,998

 

14,665,699

 

Quest Diagnostics

   

10,640

 

1,546,098

 

ResMed

   

12,761

 

3,363,162

 

Steris

   

8,659

 

1,768,861

 

Stryker

   

28,692

 

7,566,654

 

Teleflex

   

4,067

 

1,531,429

 

The Cooper Companies

   

4,439

 

1,834,683

 

UnitedHealth Group

   

82,166

 

32,105,543

 

Universal Health Services, Cl. B

   

7,043

 

974,540

 

West Pharmaceutical Services

   

6,401

 

2,717,481

 

Zimmer Biomet Holdings

   

18,407

 

2,694,049

 
    

202,395,392

 

Household & Personal Products - 1.5%

     

Church & Dwight

   

21,184

 

1,749,163

 

Colgate-Palmolive

   

73,310

 

5,540,770

 

Kimberly-Clark

   

29,823

 

3,949,758

 

The Clorox Company

   

10,755

 

1,781,136

 

The Estee Lauder Companies, Cl. A

   

20,226

 

6,066,384

 

The Procter & Gamble Company

   

211,287

 

29,537,923

 
    

48,625,134

 

Insurance - 1.9%

     

Aflac

   

54,970

 

2,865,586

 

American International Group

   

75,245

 

4,130,198

 


        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Insurance - 1.9% (continued)

     

Aon, Cl. A

   

19,855

 

5,673,963

 

Arthur J. Gallagher & Co.

   

17,245

 

2,563,469

 

Assurant

   

5,323

 

839,703

 

Brown & Brown

   

18,715

 

1,037,747

 

Chubb

   

38,196

 

6,626,242

 

Cincinnati Financial

   

13,422

 

1,533,061

 

Everest Re Group

   

3,592

 

900,802

 

Globe Life

   

8,525

 

758,981

 

Lincoln National

   

16,292

 

1,120,075

 

Loews

   

17,703

 

954,723

 

Marsh & McLennan

   

44,478

 

6,735,304

 

MetLife

   

63,411

 

3,914,361

 

Principal Financial Group

   

21,731

 

1,399,476

 

Prudential Financial

   

34,012

 

3,578,062

 

The Allstate

   

26,230

 

3,339,341

 

The Hartford Financial Services Group

   

30,228

 

2,123,517

 

The Progressive

   

51,513

 

4,656,260

 

The Travelers Companies

   

21,701

 

3,298,769

 

W.R. Berkley

   

12,445

 

910,725

 

Willis Towers Watson

   

11,086

 

2,577,052

 
    

61,537,417

 

Materials - 2.5%

     

Air Products & Chemicals

   

19,344

 

4,954,192

 

Albemarle

   

9,548

 

2,090,726

 

Amcor

   

130,865

 

1,516,725

 

Avery Dennison

   

7,441

 

1,541,850

 

Ball

   

28,465

 

2,560,996

 

Celanese

   

9,917

 

1,493,897

 

CF Industries Holdings

   

19,186

 

1,070,963

 

Corteva

   

64,077

 

2,696,360

 

Dow

   

65,769

 

3,785,664

 

DuPont de Nemours

   

45,534

 

3,095,857

 

Eastman Chemical

   

11,525

 

1,161,028

 

Ecolab

   

21,531

 

4,491,797

 

FMC

   

11,641

 

1,065,850

 

Freeport-McMoRan

   

129,396

 

4,209,252

 

International Flavors & Fragrances

   

21,549

 

2,881,532

 

International Paper

   

35,262

 

1,971,851

 

Linde

   

44,948

 

13,186,844

 

LyondellBasell Industries, Cl. A

   

23,054

 

2,163,618

 

Martin Marietta Materials

   

5,585

 

1,908,283

 

Newmont

   

70,655

 

3,836,566

 

Nucor

   

25,969

 

2,557,687

 

Packaging Corp. of America

   

8,373

 

1,150,785

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Materials - 2.5% (continued)

     

PPG Industries

   

20,653

 

2,953,586

 

Sealed Air

   

12,815

 

702,134

 

The Mosaic Company

   

30,949

 

1,105,498

 

The Sherwin-Williams Company

   

20,924

 

5,853,070

 

Vulcan Materials

   

11,381

 

1,925,210

 

WestRock

   

23,557

 

1,173,845

 
    

79,105,666

 

Media & Entertainment - 9.8%

     

Activision Blizzard

   

67,972

 

5,260,353

 

Alphabet, Cl. A

   

26,198

a 

70,040,877

 

Alphabet, Cl. C

   

24,525

a 

65,366,728

 

Charter Communications, Cl. A

   

11,049

a,b 

8,038,810

 

Comcast, Cl. A

   

399,006

 

22,316,406

 

Discovery, Cl. A

   

14,333

a,b 

363,772

 

Discovery, Cl. C

   

26,606

a 

645,728

 

DISH Network, Cl. A

   

20,675

a 

898,535

 

Electronic Arts

   

24,937

 

3,547,288

 

Facebook, Cl. A

   

207,485

a 

70,418,334

 

Fox, Cl. A

   

27,874

 

1,118,026

 

Fox, Cl. B

   

13,885

 

515,411

 

Live Nation Entertainment

   

11,477

a,b 

1,045,899

 

Match Group

   

23,050

a 

3,618,619

 

Netflix

   

38,579

a 

23,546,307

 

News Corporation, Cl. A

   

36,334

 

854,939

 

News Corporation, Cl. B

   

9,746

 

226,400

 

Omnicom Group

   

19,500

 

1,412,970

 

Take-Two Interactive Software

   

9,823

a 

1,513,430

 

The Interpublic Group of Companies

   

35,615

 

1,306,002

 

The Walt Disney Company

   

158,157

a 

26,755,420

 

Twitter

   

69,083

a 

4,171,922

 

ViacomCBS, Cl. B

   

50,676

 

2,002,209

 
    

314,984,385

 

Pharmaceuticals Biotechnology & Life Sciences - 6.9%

     

AbbVie

   

153,643

 

16,573,470

 

Agilent Technologies

   

26,414

 

4,160,997

 

Amgen

   

49,427

 

10,510,652

 

Biogen

   

12,974

a 

3,671,512

 

Bio-Rad Laboratories, Cl. A

   

1,907

a 

1,422,527

 

Bio-Techne

   

3,056

 

1,480,846

 

Bristol-Myers Squibb

   

194,211

 

11,491,465

 

Catalent

   

14,830

a 

1,973,428

 

Charles River Laboratories International

   

4,454

a 

1,838,032

 

Eli Lilly & Co.

   

69,246

 

15,999,288

 

Gilead Sciences

   

109,783

 

7,668,343

 


        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Pharmaceuticals Biotechnology & Life Sciences - 6.9% (continued)

     

Illumina

   

12,768

a 

5,178,828

 

Incyte

   

16,915

a 

1,163,414

 

IQVIA Holdings

   

16,573

a 

3,969,896

 

Johnson & Johnson

   

229,312

 

37,033,888

 

Merck & Co.

   

220,237

 

16,542,001

 

Mettler-Toledo International

   

2,033

a 

2,800,173

 

Moderna

   

30,215

a 

11,628,545

 

Organon & Co.

   

22,483

 

737,218

 

PerkinElmer

   

10,040

 

1,739,832

 

Pfizer

   

487,116

 

20,950,859

 

Regeneron Pharmaceuticals

   

9,146

a 

5,534,976

 

Thermo Fisher Scientific

   

34,192

 

19,534,915

 

Vertex Pharmaceuticals

   

22,594

a 

4,098,326

 

Viatris

   

108,169

 

1,465,690

 

Waters

   

5,295

a 

1,891,903

 

Zoetis

   

41,566

 

8,069,623

 
    

219,130,647

 

Real Estate - 2.6%

     

Alexandria Real Estate Equities

   

11,541

c 

2,205,139

 

American Tower

   

39,854

c 

10,577,650

 

AvalonBay Communities

   

12,023

c 

2,664,778

 

Boston Properties

   

12,701

c 

1,376,153

 

CBRE Group, Cl. A

   

29,136

a 

2,836,681

 

Crown Castle International

   

37,831

c 

6,556,869

 

Digital Realty Trust

   

24,945

c 

3,603,305

 

Duke Realty

   

33,352

c 

1,596,560

 

Equinix

   

7,835

c 

6,190,669

 

Equity Residential

   

29,668

c 

2,400,735

 

Essex Property Trust

   

5,608

c 

1,793,102

 

Extra Space Storage

   

11,590

c 

1,947,004

 

Federal Realty Investment Trust

   

5,840

c 

689,062

 

Healthpeak Properties

   

48,552

c 

1,625,521

 

Host Hotels & Resorts

   

62,747

a,c 

1,024,658

 

Iron Mountain

   

24,628

c 

1,070,087

 

Kimco Realty

   

52,812

c 

1,095,849

 

Mid-America Apartment Communities

   

10,168

c 

1,898,874

 

Prologis

   

64,219

c 

8,054,989

 

Public Storage

   

13,161

c 

3,910,133

 

Realty Income

   

31,595

c 

2,049,252

 

Regency Centers

   

13,123

c 

883,572

 

SBA Communications

   

9,600

c 

3,173,472

 

Simon Property Group

   

29,090

c 

3,780,827

 

UDR

   

24,306

c 

1,287,732

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Real Estate - 2.6% (continued)

     

Ventas

   

33,713

c 

1,861,295

 

Vornado Realty Trust

   

14,071

c 

591,123

 

Welltower

   

36,005

c 

2,966,812

 

Weyerhaeuser

   

66,923

c 

2,380,451

 
    

82,092,354

 

Retailing - 6.9%

     

Advance Auto Parts

   

5,625

 

1,175,006

 

Amazon.com

   

37,862

a 

124,378,184

 

AutoZone

   

1,889

a 

3,207,503

 

Bath & Body Works

   

21,095

 

1,329,618

 

Best Buy

   

19,390

 

2,049,717

 

CarMax

   

13,980

a 

1,788,881

 

Dollar General

   

20,769

 

4,405,936

 

Dollar Tree

   

20,069

a 

1,921,005

 

eBay

   

56,442

 

3,932,314

 

Etsy

   

11,301

a,b 

2,350,156

 

Genuine Parts

   

12,937

 

1,568,352

 

LKQ

   

23,546

a 

1,184,835

 

Lowe's

   

61,434

 

12,462,501

 

O'Reilly Automotive

   

6,077

a 

3,713,412

 

Pool

   

3,463

 

1,504,362

 

Ross Stores

   

31,088

 

3,383,929

 

Target

   

43,358

 

9,919,010

 

The Gap

   

19,500

 

442,650

 

The Home Depot

   

92,564

 

30,385,059

 

The TJX Companies

   

105,539

 

6,963,463

 

Tractor Supply

   

9,869

 

1,999,558

 

Ulta Beauty

   

4,721

a 

1,703,903

 
    

221,769,354

 

Semiconductors & Semiconductor Equipment - 5.5%

     

Advanced Micro Devices

   

105,614

a 

10,867,681

 

Analog Devices

   

46,820

 

7,841,414

 

Applied Materials

   

79,745

 

10,265,574

 

Broadcom

   

35,516

 

17,222,774

 

Enphase Energy

   

11,681

a 

1,751,800

 

Intel

   

351,306

 

18,717,584

 

KLA

   

13,266

 

4,437,610

 

Lam Research

   

12,488

 

7,107,545

 

Microchip Technology

   

23,618

 

3,625,127

 

Micron Technology

   

97,335

 

6,908,838

 

Monolithic Power Systems

   

3,420

 

1,657,606

 

NVIDIA

   

217,016

 

44,957,035

 

NXP Semiconductors

   

23,084

 

4,521,463

 

Qorvo

   

9,762

a 

1,632,109

 


        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Semiconductors & Semiconductor Equipment - 5.5% (continued)

     

Qualcomm

   

98,085

 

12,651,003

 

Skyworks Solutions

   

14,346

 

2,363,934

 

Teradyne

   

14,554

 

1,588,860

 

Texas Instruments

   

80,316

 

15,437,538

 

Xilinx

   

21,592

 

3,260,176

 
    

176,815,671

 

Software & Services - 14.1%

     

Accenture, Cl. A

   

55,293

 

17,689,337

 

Adobe

   

41,464

a 

23,871,654

 

Akamai Technologies

   

14,056

a 

1,470,117

 

Ansys

   

7,756

a 

2,640,530

 

Autodesk

   

19,234

a 

5,484,960

 

Automatic Data Processing

   

36,931

 

7,383,245

 

Broadridge Financial Solutions

   

10,366

 

1,727,390

 

Cadence Design Systems

   

24,035

a 

3,639,860

 

Ceridian HCM Holding

   

10,800

a 

1,216,296

 

Citrix Systems

   

10,680

 

1,146,712

 

Cognizant Technology Solutions, Cl. A

   

45,911

 

3,407,055

 

DXC Technology

   

21,582

a 

725,371

 

Fidelity National Information Services

   

54,289

 

6,605,885

 

Fiserv

   

52,058

a 

5,648,293

 

FLEETCOR Technologies

   

7,192

a 

1,879,054

 

Fortinet

   

11,785

a 

3,441,691

 

Gartner

   

7,451

a 

2,264,210

 

Global Payments

   

25,571

 

4,029,478

 

International Business Machines

   

77,642

 

10,786,803

 

Intuit

   

23,753

 

12,814,981

 

Jack Henry & Associates

   

6,240

 

1,023,734

 

Mastercard, Cl. A

   

75,823

 

26,362,141

 

Microsoft

   

654,070

 

184,395,414

 

NortonLifeLock

   

52,265

 

1,322,304

 

Oracle

   

143,515

 

12,504,462

 

Paychex

   

27,666

 

3,111,042

 

Paycom Software

   

4,269

a 

2,116,357

 

PayPal Holdings

   

102,259

a 

26,608,814

 

PTC

   

8,297

a 

993,898

 

salesforce.com

   

84,189

a 

22,833,741

 

ServiceNow

   

17,152

a 

10,673,175

 

Synopsys

   

13,184

a 

3,947,421

 

The Western Union Company

   

36,990

 

747,938

 

Tyler Technologies

   

3,632

a 

1,665,817

 

Verisign

   

8,573

a 

1,757,551

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Software & Services - 14.1% (continued)

     

Visa, Cl. A

   

146,886

b 

32,718,856

 
    

450,655,587

 

Technology Hardware & Equipment - 7.8%

     

Amphenol, Cl. A

   

52,069

 

3,813,013

 

Apple

   

1,366,837

 

193,407,435

 

Arista Networks

   

4,704

a 

1,616,483

 

CDW

   

12,331

 

2,244,489

 

Cisco Systems

   

366,682

 

19,958,501

 

Corning

   

66,736

 

2,435,197

 

F5 Networks

   

5,312

a 

1,055,919

 

Hewlett Packard Enterprise

   

117,102

 

1,668,703

 

HP

   

105,153

 

2,876,986

 

IPG Photonics

   

3,099

a 

490,882

 

Juniper Networks

   

29,613

 

814,950

 

Keysight Technologies

   

16,062

a 

2,638,826

 

Motorola Solutions

   

14,640

 

3,401,165

 

NetApp

   

18,900

 

1,696,464

 

Seagate Technology Holdings

   

18,047

 

1,489,238

 

TE Connectivity

   

28,561

 

3,919,140

 

Teledyne Technologies

   

4,172

a 

1,792,208

 

Trimble

   

20,716

a 

1,703,891

 

Western Digital

   

27,282

a 

1,539,796

 

Zebra Technologies, Cl. A

   

4,605

a 

2,373,509

 
    

250,936,795

 

Telecommunication Services - 1.4%

     

AT&T

   

621,081

 

16,775,398

 

Lumen Technologies

   

88,546

b 

1,097,085

 

T-Mobile US

   

51,296

a 

6,553,577

 

Verizon Communications

   

360,217

 

19,455,320

 
    

43,881,380

 

Transportation - 1.7%

     

Alaska Air Group

   

11,811

a 

692,125

 

American Airlines Group

   

58,039

a 

1,190,960

 

C.H. Robinson Worldwide

   

12,193

 

1,060,791

 

CSX

   

197,002

 

5,858,839

 

Delta Air Lines

   

57,176

a 

2,436,269

 

Expeditors International of Washington

   

15,200

 

1,810,776

 

FedEx

   

21,156

 

4,639,299

 

J.B. Hunt Transport Services

   

7,549

 

1,262,344

 

Kansas City Southern

   

7,946

 

2,150,505

 

Norfolk Southern

   

21,499

 

5,143,636

 

Old Dominion Freight Line

   

8,234

 

2,354,759

 

Southwest Airlines

   

50,874

a 

2,616,450

 

Union Pacific

   

56,767

 

11,126,900

 


        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.4% (continued)

     

Transportation - 1.7% (continued)

     

United Airlines Holdings

   

26,794

a 

1,274,591

 

United Parcel Service, Cl. B

   

62,867

 

11,448,081

 
    

55,066,325

 

Utilities - 2.4%

     

Alliant Energy

   

22,394

 

1,253,616

 

Ameren

   

22,213

 

1,799,253

 

American Electric Power

   

44,187

 

3,587,101

 

American Water Works

   

15,747

 

2,661,873

 

Atmos Energy

   

11,178

 

985,900

 

CenterPoint Energy

   

48,866

 

1,202,104

 

CMS Energy

   

25,378

 

1,515,828

 

Consolidated Edison

   

30,239

 

2,195,049

 

Dominion Energy

   

69,858

 

5,101,031

 

DTE Energy

   

17,353

 

1,938,504

 

Duke Energy

   

67,296

 

6,567,417

 

Edison International

   

32,475

 

1,801,388

 

Entergy

   

17,174

 

1,705,550

 

Evergy

   

20,340

 

1,265,148

 

Eversource Energy

   

29,795

 

2,436,039

 

Exelon

   

84,465

 

4,083,038

 

FirstEnergy

   

48,943

 

1,743,350

 

NextEra Energy

   

170,532

 

13,390,173

 

NiSource

   

35,072

 

849,795

 

NRG Energy

   

21,813

 

890,625

 

Pinnacle West Capital

   

10,098

 

730,691

 

PPL

   

68,929

 

1,921,741

 

Public Service Enterprise Group

   

43,505

 

2,649,454

 

Sempra Energy

   

27,210

 

3,442,065

 

The AES

   

58,092

 

1,326,240

 

The Southern Company

   

92,535

 

5,734,394

 

WEC Energy Group

   

27,151

 

2,394,718

 

Xcel Energy

   

47,685

 

2,980,312

 
    

78,152,397

 

Total Common Stocks (cost $780,468,223)

   

3,179,870,301

 
  

1-Day
Yield (%)

     

Investment Companies - .8%

     

Registered Investment Companies - .8%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares
(cost $25,270,690)

 

0.06

 

25,270,690

d 

 25,270,690

 


STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 
        

Investment of Cash Collateral for Securities Loaned - .0%

     

Registered Investment Companies - .0%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund, SL Shares
(cost $1,136,484)

 

0.02

 

1,136,484

d 

 1,136,484

 

Total Investments (cost $806,875,397)

 

100.2%

 

3,206,277,475

 

Liabilities, Less Cash and Receivables

 

(.2%)

 

(7,696,585)

 

Net Assets

 

100.0%

 

3,198,580,890

 

a Non-income producing security.

b Security, or portion thereof, on loan. At September 30, 2021, the value of the fund’s securities on loan was $27,759,341 and the value of the collateral was $28,718,716, consisting of cash collateral of $1,136,484 and U.S. Government & Agency securities valued at $27,582,232.

c Investment in real estate investment trust within the United States.

d Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company’s prospectus.


STATEMENT OF INVESTMENTS
BNY Mellon Stock Index Fund, Inc.

September 30, 2021 (Unaudited)

The following is a summary of the inputs used as of September 30, 2021 in valuing the fund’s investments:

     
 

Level 1 - Unadjusted Quoted Prices

Level 2 - Other Significant Observable Inputs

Level 3 -Significant Unobservable Inputs

Total

Assets ($)

    

Investments in Securities:

  

Equity Securities—Common Stocks

3,179,870,301

-

-

3,179,870,301

Investment Companies

26,407,174

-

-

26,407,174

Liabilities ($)

    

Other Financial Instruments:

  

Futures††

(901,557)

-

-

(901,557)

  See Statement of Investments for additional detailed categorizations, if any.

††  Amount shown represents unrealized appreciation at period end.


STATEMENT OF FUTURES
BNY Mellon Stock Index Fund, Inc.

September 30, 2021 (Unaudited)

       

Description

Number of
Contracts

Expiration

Notional
Value ($)

Market
Value ($)

Unrealized (Depreciation) ($)

 

Futures Long

  

Standard & Poor's 500 E-mini

130

12/17/2021

28,836,932

27,935,375

(901,557)

 

Gross Unrealized Depreciation

 

(901,557)

 

See notes to financial statements.


The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the SEC under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

Level 1—unadjusted quoted prices in active markets for identical investments.

Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows:

Investments in equity securities are valued at the last sales price on the securities exchange or national securities market on which such securities are primarily traded. Securities listed on the National Market System for which market quotations are available are valued at the official closing price or, if there is no official closing price that day, at the last sales price. For open short positions, asked prices are used for valuation


purposes. Bid price is used when no asked price is available. Registered investment companies that are not traded on an exchange are valued at their net asset value. All of the preceding securities are generally categorized within Level 1 of the fair value hierarchy.

Securities not listed on an exchange or the national securities market, or securities for which there were no transactions, are valued at the average of the most recent bid and asked prices. U.S. Treasury Bills are valued at the mean price between quoted bid prices and asked prices by an independent pricing service (the “Service”) approved by the Board Members (“Board”). These securities are generally categorized within Level 2 of the fair value hierarchy.

The Service’s procedures are reviewed by BNY Mellon under the general supervision of the Board.

Fair valuing of securities may be determined with the assistance of a pricing service using calculations based on indices of domestic securities and other appropriate indicators, such as prices of relevant American Depository Receipts and futures. Utilizing these techniques may result in transfers between Level 1 and Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

Financial futures, which are traded on an exchange, are valued at the last sales price on the securities exchange on which such securities are primarily traded or at the last sales price on the national securities market on each business day and are generally categorized within Level 1 of the fair value hierarchy.

Pursuant to a securities lending agreement with The Bank of New York Mellon, a subsidiary of BNY Mellon and an affiliate of BNY Mellon Investment Adviser, Inc., the fund may lend securities to qualified institutions. It is the fund’s policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the


value of foreign securities loaned. Collateral equivalent to at least 100% of the market value of securities on loan is maintained at all times. Collateral is either in the form of cash, which can be invested in certain money market mutual funds managed by BNY Mellon Investment Adviser Inc., or U.S. Government and Agency securities. The fund is entitled to receive all dividends, interest and distributions on securities loaned, in addition to income earned as a result of the lending transaction. Should a borrower fail to return the securities in a timely manner, The Bank of New York Mellon is required to replace the securities for the benefit of the fund or credit the fund with the market value of the unreturned securities and is subrogated to the fund’s rights against the borrower and the collateral. Additionally, the contractual maturity of security lending transactions are on an overnight and continuous basis.

Derivatives: A derivative is a financial instrument whose performance is derived from the performance of another asset. Each type of derivative instrument that was held by the fund at September 30, 2021 is discussed below.

Futures: In the normal course of pursuing its investment objective, the fund is exposed to market risk, including interest rate risk as a result of changes in value of underlying financial instruments. The fund invests in futures in order to manage its exposure to or protect against changes in the market. A futures contract represents a commitment for the future purchase or a sale of an asset at a specified date. Upon entering into such contracts, these investments require initial margin deposits with a counterparty, which consist of cash or cash equivalents. The amount of these deposits is determined by the exchange or Board of Trade on which the contract is traded and is subject to change. Accordingly, variation margin payments are received or made to reflect daily unrealized gains or losses which are recorded in the Statement of Operations. When the contracts are closed, the fund recognizes a realized gain or loss which is reflected in the Statement of Operations. There is minimal counterparty credit risk to the fund with futures since they are exchange traded, and the exchange guarantees the futures against default.

At September 30, 2021, accumulated net unrealized appreciation on investments was $2,399,402,078, consisting of $2,419,819,060 gross unrealized appreciation and $20,416,982 gross unrealized depreciation.

At September 30, 2021, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.