NPORT-EX 2 c10913bnymellonsma-july20221.htm Untitled Document

STATEMENT OF INVESTMENTS
BNY Mellon Smallcap Stock Index Fund

July 31, 2022 (Unaudited)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0%

     

Automobiles & Components - 1.6%

     

American Axle & Manufacturing Holdings Inc.

   

190,884

a 

1,700,776

 

Dorman Products Inc.

   

47,687

a 

4,820,679

 

Gentherm Inc.

   

56,151

a 

3,625,109

 

LCI Industries

   

42,788

 

5,780,231

 

Motorcar Parts of America Inc.

   

32,679

a 

492,473

 

Patrick Industries Inc.

   

37,149

 

2,255,687

 

Standard Motor Products Inc.

   

31,893

 

1,458,786

 

Winnebago Industries Inc.

   

55,579

b 

3,355,304

 

XPEL Inc.

   

28,191

a,b 

1,727,826

 
    

25,216,871

 

Banks - 12.4%

     

Allegiance Bancshares Inc.

   

31,697

 

1,395,936

 

Ameris Bancorp

   

111,635

 

5,279,219

 

Axos Financial Inc.

   

90,866

a 

3,794,564

 

Banc of California Inc.

   

89,033

 

1,558,968

 

BancFirst Corp.

   

31,870

b 

3,422,519

 

BankUnited Inc.

   

138,448

 

5,378,705

 

Banner Corp.

   

57,745

 

3,579,613

 

Berkshire Hills Bancorp Inc.

   

79,812

 

2,248,304

 

Brookline Bancorp Inc.

   

132,072

 

1,826,556

 

Capitol Federal Financial Inc.

   

217,452

 

2,085,365

 

Central Pacific Financial Corp.

   

47,331

 

1,120,798

 

City Holding Co.

   

25,094

 

2,177,908

 

Columbia Banking System Inc.

   

131,303

 

3,961,412

 

Community Bank System Inc.

   

91,104

 

6,134,032

 

Customers Bancorp Inc.

   

50,901

a 

1,943,909

 

CVB Financial Corp.

   

224,451

 

5,986,108

 

Dime Community Bancshares Inc.

   

54,262

 

1,849,249

 

Eagle Bancorp Inc.

   

53,801

 

2,637,863

 

FB Financial Corp.

   

60,039

 

2,572,671

 

First Bancorp/Puerto Rico

   

334,554

 

5,048,420

 

First Bancorp/Southern Pines NC

   

58,211

 

2,205,033

 

First Commonwealth Financial Corp.

   

159,999

 

2,371,185

 

First Financial Bancorp

   

158,742

 

3,546,296

 

First Hawaiian Inc.

   

215,939

 

5,504,285

 

Flagstar Bancorp Inc.

   

89,319

 

3,679,943

 

Hanmi Financial Corp.

   

51,049

 

1,290,008

 

Heritage Financial Corp.

   

59,465

 

1,547,279

 

Hilltop Holdings Inc.

   

84,367

 

2,433,988

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Banks - 12.4% (continued)

     

HomeStreet Inc.

   

32,073

 

1,196,002

 

Hope Bancorp Inc.

   

202,025

 

3,038,456

 

Independent Bank Corp.

   

78,816

 

6,604,781

 

Independent Bank Group Inc.

   

61,523

 

4,350,907

 

Lakeland Financial Corp.

   

42,606

b 

3,314,747

 

Meta Financial Group Inc.

   

49,292

 

1,662,126

 

Mr. Cooper Group Inc.

   

124,202

a 

5,595,300

 

National Bank Holdings Corp., Cl. A

   

50,387

 

2,097,107

 

NBT Bancorp Inc.

   

72,434

 

2,936,474

 

NMI Holdings Inc., Cl. A

   

145,722

a 

2,759,975

 

Northfield Bancorp Inc.

   

71,328

 

1,049,948

 

Northwest Bancshares Inc.

   

215,165

 

3,094,073

 

OFG Bancorp

   

82,186

 

2,257,649

 

Pacific Premier Bancorp Inc.

   

159,837

 

5,376,917

 

Park National Corp.

   

24,530

 

3,178,107

 

Preferred Bank

   

23,127

 

1,681,333

 

Provident Financial Services Inc.

   

127,303

 

3,101,101

 

Renasant Corp.

   

93,677

 

3,128,812

 

S&T Bancorp Inc.

   

65,685

 

2,032,294

 

Seacoast Banking Corp. of Florida

   

102,423

 

3,664,695

 

ServisFirst Bancshares Inc.

   

82,198

 

7,023,819

 

Simmons First National Corp., Cl. A

   

213,701

 

5,075,399

 

Southside Bancshares Inc.

   

54,412

 

2,173,215

 

The Bancorp Inc.

   

94,652

a 

2,328,439

 

Tompkins Financial Corp.

   

20,018

 

1,544,389

 

Triumph Bancorp Inc.

   

39,623

a 

2,878,611

 

TrustCo Bank Corp.

   

31,851

 

1,068,920

 

Trustmark Corp.

   

103,548

 

3,362,204

 

United Community Bank Inc.

   

177,567

 

6,042,605

 

Veritex Holdings Inc.

   

89,970

 

2,783,672

 

Walker & Dunlop Inc.

   

51,401

 

5,789,809

 

Westamerica Bancorporation Bancorp.

   

45,669

 

2,740,597

 

WSFS Financial Corp.

   

109,039

 

5,203,341

 
    

196,715,960

 

Capital Goods - 10.9%

     

AAON Inc.

   

70,308

 

4,230,432

 

AAR Corp.

   

55,780

a 

2,483,883

 

Aerojet Rocketdyne Holdings Inc.

   

126,731

a 

5,536,877

 

AeroVironment Inc.

   

39,233

a 

3,399,147

 

Alamo Group Inc.

   

16,649

 

2,154,547

 

Albany International Corp., Cl. A

   

52,831

 

4,821,885

 

American Woodmark Corp.

   

27,951

a 

1,403,699

 

Apogee Enterprises Inc.

   

36,768

 

1,529,916

 

Applied Industrial Technologies Inc.

   

65,050

 

6,543,379

 

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Capital Goods - 10.9% (continued)

     

Arcosa Inc.

   

81,723

 

4,213,638

 

Astec Industries Inc.

   

38,770

 

1,904,770

 

AZZ Inc.

   

41,348

 

1,758,944

 

Barnes Group Inc.

   

78,085

 

2,640,835

 

Boise Cascade Co.

   

66,372

 

4,693,164

 

CIRCOR International Inc.

   

34,798

a 

605,833

 

Comfort Systems USA Inc.

   

60,913

 

6,436,068

 

DXP Enterprises Inc.

   

29,507

a 

1,003,238

 

Encore Wire Corp.

   

33,458

 

4,632,929

 

Enerpac Tool Group Corp.

   

101,030

b 

2,050,909

 

EnPro Industries Inc.

   

35,213

 

3,291,711

 

ESCO Technologies Inc.

   

43,622

 

3,382,886

 

Federal Signal Corp.

   

102,438

 

4,253,226

 

Franklin Electric Co.

   

65,797

 

5,975,684

 

Gibraltar Industries Inc.

   

55,337

a 

2,589,218

 

GMS Inc.

   

72,863

a 

3,866,839

 

Granite Construction Inc.

   

76,562

b 

2,289,204

 

Griffon Corp.

   

81,162

 

2,435,672

 

Hillenbrand Inc.

   

120,539

 

5,568,902

 

Insteel Industries Inc.

   

32,428

 

1,014,996

 

John Bean Technologies Corp.

   

53,464

 

6,004,542

 

Kaman Corp.

   

46,912

 

1,443,951

 

Lindsay Corp.

   

18,473

 

2,844,103

 

Meritor Inc.

   

119,738

a 

4,360,858

 

Moog Inc., Cl. A

   

49,082

 

4,203,382

 

Mueller Industries Inc.

   

96,371

 

6,488,659

 

MYR Group Inc.

   

28,570

a 

2,720,721

 

National Presto Industries Inc.

   

8,704

 

619,725

 

NOW Inc.

   

188,515

a 

2,084,976

 

NV5 Global Inc.

   

20,034

a 

2,716,610

 

Park Aerospace Corp.

   

31,536

 

384,739

 

PGT Innovations Inc.

   

99,582

a 

2,180,846

 

Powell Industries Inc.

   

15,895

 

380,844

 

Proto Labs Inc.

   

46,703

a 

2,283,310

 

Quanex Building Products Corp.

   

55,804

 

1,373,336

 

Resideo Technologies Inc.

   

244,594

a 

5,505,811

 

SPX Corp.

   

76,796

a 

4,540,947

 

Standex International Corp.

   

20,253

 

1,966,161

 

Tennant Co.

   

31,417

 

2,105,882

 

The Greenbrier Companies

   

54,888

 

1,746,536

 

Titan International Inc.

   

86,687

a 

1,452,874

 

Trinity Industries Inc.

   

116,809

b 

3,031,194

 

Triumph Group Inc.

   

109,455

a 

1,700,931

 

UFP Industries Inc.

   

105,765

 

9,752,591

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Capital Goods - 10.9% (continued)

     

Veritiv Corp.

   

23,397

a 

2,901,696

 

Wabash National Corp.

   

83,193

 

1,502,466

 
    

173,010,122

 

Commercial & Professional Services - 3.6%

     

ABM Industries Inc.

   

113,297

 

5,080,237

 

Brady Corp., Cl. A

   

81,470

 

3,898,340

 

CoreCivic Inc.

   

205,563

a 

2,213,914

 

Deluxe Corp.

   

72,414

 

1,820,488

 

Exponent Inc.

   

87,348

 

8,777,601

 

Forrester Research Inc.

   

18,437

a 

857,136

 

Harsco Corp.

   

133,041

a 

639,927

 

Healthcare Services Group Inc.

   

124,730

 

1,788,628

 

Heidrick & Struggles International Inc.

   

33,692

 

1,049,169

 

HNI Corp.

   

70,790

 

2,500,303

 

Interface Inc.

   

100,534

 

1,456,738

 

KAR Auction Services Inc.

   

204,147

a 

3,490,914

 

Kelly Services Inc., Cl. A

   

58,884

 

1,276,605

 

Korn Ferry

   

90,658

 

5,939,006

 

ManTech International Corp., Cl. A

   

46,640

 

4,469,045

 

Matthews International Corp., Cl. A

   

53,162

 

1,485,878

 

Pitney Bowes Inc.

   

278,860

 

911,872

 

Resources Connection Inc.

   

51,094

 

1,096,477

 

The GEO Group Inc.

   

208,297

a,b 

1,366,428

 

TrueBlue Inc.

   

56,673

a 

1,226,404

 

UniFirst Corp.

   

25,603

 

5,015,372

 

Viad Corp.

   

35,107

a 

1,185,563

 
    

57,546,045

 

Consumer Durables & Apparel - 3.9%

     

Cavco Industries Inc.

   

14,414

a 

3,715,785

 

Century Communities Inc.

   

49,253

 

2,520,276

 

Ethan Allen Interiors Inc.

   

36,867

 

847,572

 

Fossil Group Inc.

   

81,868

a 

493,664

 

G-III Apparel Group Ltd.

   

72,184

a 

1,594,545

 

Green Brick Partners Inc.

   

77,479

a,b 

2,076,437

 

Installed Building Products Inc.

   

39,256

 

3,981,344

 

iRobot Corp.

   

45,514

a,b 

2,094,099

 

Kontoor Brands Inc.

   

78,893

 

2,879,595

 

La-Z-Boy Inc.

   

72,440

 

2,018,903

 

LGI Homes Inc.

   

34,854

a 

3,931,531

 

M.D.C. Holdings Inc.

   

96,090

 

3,483,263

 

M/I Homes Inc.

   

48,237

a 

2,219,384

 

Meritage Homes Corp.

   

61,596

a 

5,438,927

 

Movado Group Inc.

   

27,647

 

939,445

 

Oxford Industries Inc.

   

25,992

 

2,479,637

 

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Consumer Durables & Apparel - 3.9% (continued)

     

Sonos Inc.

   

215,850

a,b 

4,772,444

 

Steven Madden Ltd.

   

127,202

 

4,032,303

 

Sturm Ruger & Co.

   

29,552

 

1,954,274

 

Tri Pointe Homes Inc.

   

173,431

a 

3,211,942

 

Tupperware Brands Corp.

   

77,304

a,b 

576,688

 

Unifi Inc.

   

23,631

a 

322,091

 

Universal Electronics Inc.

   

20,474

a 

568,154

 

Vista Outdoor Inc.

   

94,864

a 

2,855,406

 

Wolverine World Wide Inc.

   

136,802

 

3,073,941

 
    

62,081,650

 

Consumer Services - 2.6%

     

Adtalem Global Education Inc.

   

76,639

a 

3,073,224

 

American Public Education Inc.

   

30,419

a 

477,882

 

BJ's Restaurants Inc.

   

40,139

a 

942,062

 

Bloomin‘ Brands Inc.

   

135,224

 

2,757,217

 

Brinker International Inc.

   

74,322

a,b 

2,062,436

 

Chuy's Holdings Inc.

   

32,092

a 

713,405

 

Dave & Buster's Entertainment Inc.

   

66,025

a 

2,466,694

 

Dine Brands Global Inc.

   

28,399

b 

2,025,133

 

El Pollo Loco Holdings Inc.

   

30,479

a 

296,256

 

Frontdoor Inc.

   

138,705

a 

3,713,133

 

Golden Entertainment Inc.

   

33,781

a 

1,481,972

 

Jack in the Box Inc.

   

35,197

 

2,433,521

 

Monarch Casino & Resort Inc.

   

22,167

a 

1,422,013

 

Perdoceo Education Corp.

   

115,113

a 

1,577,048

 

Ruth's Hospitality Group Inc.

   

53,577

 

940,276

 

Shake Shack Inc., Cl. A

   

66,191

a 

3,406,189

 

Six Flags Entertainment Corp.

   

131,087

a 

2,971,742

 

Strategic Education Inc.

   

38,677

 

2,778,169

 

Stride Inc.

   

71,843

a 

3,209,945

 

The Cheesecake Factory Inc.

   

82,387

b 

2,408,172

 

WW International Inc.

   

90,232

a 

599,140

 
    

41,755,629

 

Diversified Financials - 3.2%

     

Apollo Commercial Real Estate Finance Inc.

   

222,672

c 

2,845,748

 

ARMOUR Residential REIT Inc.

   

172,072

b,c 

1,354,207

 

B. Riley Financial Inc.

   

27,193

 

1,401,527

 

Blucora Inc.

   

80,161

a 

1,603,220

 

Brightsphere Investment Group Inc.

   

54,778

 

1,035,852

 

Donnelley Financial Solutions Inc.

   

47,472

a 

1,613,573

 

Ellington Financial Inc.

   

94,725

b,c 

1,520,336

 

Encore Capital Group Inc.

   

41,109

a 

2,977,525

 

Enova International Inc.

   

55,438

a 

1,913,165

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Diversified Financials - 3.2% (continued)

     

EZCORP Inc., Cl. A

   

88,663

a 

712,851

 

Franklin BSP Realty Trust Inc.

   

138,614

b,c 

2,127,725

 

Granite Point Mortgage Trust Inc.

   

89,180

c 

946,200

 

Green Dot Corp., Cl. A

   

91,996

a 

2,585,088

 

Invesco Mortgage Capital Inc.

   

53,504

b,c 

947,021

 

KKR Real Estate Finance Trust Inc.

   

83,710

c 

1,631,508

 

LendingTree Inc.

   

18,716

a 

853,075

 

New York Mortgage Trust Inc.

   

652,013

c 

2,047,321

 

PennyMac Mortgage Investment Trust

   

154,782

b,c 

2,377,452

 

Piper Sandler Cos.

   

24,020

 

3,031,324

 

PRA Group Inc.

   

67,684

a 

2,696,531

 

PROG Holdings Inc.

   

91,899

a 

1,692,780

 

Ready Capital Corp.

   

112,732

b,c 

1,568,102

 

Redwood Trust Inc.

   

203,758

c 

1,764,544

 

StoneX Group Inc.

   

28,933

a 

2,520,932

 

Two Harbors Investment Corp.

   

578,488

b,c 

3,112,265

 

Virtus Investment Partners Inc.

   

11,816

 

2,437,877

 

WisdomTree Investments Inc.

   

185,495

 

964,574

 

World Acceptance Corp.

   

6,247

a 

692,011

 
    

50,974,334

 

Energy - 4.6%

     

Archrock Inc.

   

229,785

 

1,939,385

 

Bristow Group Inc.

   

39,556

a 

1,020,545

 

Callon Petroleum Co.

   

79,697

a 

3,669,250

 

Civitas Resources Inc.

   

121,704

b 

7,175,668

 

CONSOL Energy Inc.

   

53,775

a,b 

3,297,483

 

Core Laboratories NV

   

78,279

b 

1,482,604

 

DMC Global Inc.

   

32,613

a 

742,272

 

Dorian LPG Ltd.

   

45,646

 

735,814

 

Dril-Quip Inc.

   

58,684

a 

1,505,245

 

Green Plains Inc.

   

91,244

a,b 

3,286,609

 

Helix Energy Solutions Group Inc.

   

238,802

a 

964,760

 

Helmerich & Payne Inc.

   

177,220

 

8,205,286

 

Laredo Petroleum Inc.

   

24,690

a 

2,189,262

 

Nabors Industries Ltd.

   

14,876

a 

2,119,681

 

Oceaneering International Inc.

   

169,420

a 

1,799,240

 

Oil States International Inc.

   

102,827

a,b 

524,418

 

Par Pacific Holdings Inc.

   

77,778

a 

1,283,337

 

Patterson-UTI Energy Inc.

   

364,732

 

6,036,315

 

PBF Energy Inc., Cl. A

   

160,741

a 

5,360,712

 

ProPetro Holding Corp.

   

145,346

a 

1,529,040

 

Ranger Oil Corp., Cl. A

   

36,244

b 

1,379,447

 

REX American Resources Corp.

   

8,886

a 

848,258

 

RPC Inc.

   

117,966

 

962,603

 

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Energy - 4.6% (continued)

     

SM Energy Co.

   

205,326

 

8,475,857

 

Talos Energy Inc.

   

68,679

a 

1,301,467

 

U.S. Silica Holdings Inc.

   

127,684

a 

1,765,870

 

World Fuel Services Corp.

   

106,392

 

2,949,186

 
    

72,549,614

 

Food & Staples Retailing - .8%

     

PriceSmart Inc.

   

40,553

 

2,691,908

 

SpartanNash Co.

   

60,692

 

1,959,745

 

The Andersons Inc.

   

53,019

 

1,917,697

 

The Chefs' Warehouse Inc.

   

55,085

a 

1,906,492

 

United Natural Foods Inc.

   

98,184

a 

4,173,802

 
    

12,649,644

 

Food, Beverage & Tobacco - 2.8%

     

B&G Foods Inc.

   

116,164

b 

2,870,412

 

Calavo Growers Inc.

   

29,997

 

1,208,879

 

Cal-Maine Foods Inc.

   

63,623

 

3,251,772

 

Celsius Holdings Inc.

   

64,509

a,b 

5,738,721

 

Fresh Del Monte Produce Inc.

   

55,740

 

1,656,035

 

Hostess Brands Inc.

   

233,728

a 

5,286,927

 

J&J Snack Foods Corp.

   

25,301

 

3,428,539

 

John B. Sanfilippo & Son Inc.

   

15,213

 

1,139,454

 

MGP Ingredients Inc.

   

21,135

b 

2,222,979

 

National Beverage Corp.

   

39,732

 

2,152,680

 

Seneca Foods Corp., Cl. A

   

10,494

a 

597,318

 

The Simply Good Foods Company

   

148,637

a 

4,848,539

 

Tootsie Roll Industries Inc.

   

29,989

 

1,053,214

 

TreeHouse Foods Inc.

   

94,215

a 

4,090,815

 

Universal Corp.

   

41,285

 

2,308,244

 

Vector Group Ltd.

   

221,286

 

2,465,126

 
    

44,319,654

 

Health Care Equipment & Services - 7.3%

     

Addus HomeCare Corp.

   

27,269

a 

2,530,836

 

Allscripts Healthcare Solutions Inc.

   

197,096

a 

3,118,059

 

AMN Healthcare Services Inc.

   

75,404

a 

8,478,426

 

AngioDynamics Inc.

   

65,601

a 

1,488,487

 

Apollo Medical Holdings Inc.

   

63,912

a,b 

3,389,253

 

Artivion Inc.

   

65,895

a 

1,291,542

 

Avanos Medical Inc.

   

80,587

a 

2,286,253

 

BioLife Solutions Inc.

   

51,314

a 

988,821

 

Cardiovascular Systems Inc.

   

70,172

a 

1,081,351

 

Community Health Systems Inc.

   

213,959

a,b 

637,598

 

Computer Programs & Systems Inc.

   

25,390

a 

857,166

 

CONMED Corp.

   

49,982

 

4,879,743

 

CorVel Corp.

   

15,869

a 

2,616,639

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Health Care Equipment & Services - 7.3% (continued)

     

Covetrus Inc.

   

176,169

a 

3,659,030

 

Cross Country Healthcare Inc.

   

60,202

a 

1,586,925

 

Cutera Inc.

   

27,522

a,b 

1,277,571

 

Embecta Corp.

   

98,227

a 

2,890,821

 

Enhabit Inc.

   

84,028

a 

1,471,330

 

Fulgent Genetics Inc.

   

33,407

a 

1,996,068

 

Glaukos Corp.

   

79,966

a 

4,306,169

 

Hanger Inc.

   

63,823

a 

1,185,193

 

HealthStream Inc.

   

40,037

a 

963,290

 

Heska Corp.

   

18,185

a 

1,663,746

 

Inogen Inc.

   

34,329

a 

955,033

 

Integer Holdings Corp.

   

55,626

a 

3,887,701

 

Lantheus Holdings Inc.

   

115,682

a 

8,875,123

 

LeMaitre Vascular Inc.

   

32,724

b 

1,647,653

 

Meridian Bioscience Inc.

   

73,943

a 

2,341,035

 

Merit Medical Systems Inc.

   

86,016

a 

4,944,200

 

Mesa Laboratories Inc.

   

8,957

b 

1,910,080

 

ModivCare Inc.

   

20,753

a 

2,071,149

 

NextGen Healthcare Inc.

   

94,053

a 

1,610,187

 

OptimizeRx Corp.

   

30,956

a 

695,581

 

OraSure Technologies Inc.

   

125,179

a 

383,048

 

Orthofix Medical Inc.

   

34,181

a 

876,743

 

Owens & Minor Inc.

   

128,952

 

4,566,190

 

Pediatrix Medical Group Inc.

   

145,177

a 

3,289,711

 

RadNet Inc.

   

78,223

a 

1,609,047

 

Select Medical Holdings Corp.

   

173,428

 

5,136,937

 

Simulations Plus Inc.

   

26,887

b 

1,724,801

 

SurModics Inc.

   

23,668

a 

823,646

 

The Ensign Group Inc.

   

88,832

 

7,079,022

 

The Joint Corp.

   

25,646

a 

438,547

 

The Pennant Group Inc.

   

44,048

a 

587,600

 

U.S. Physical Therapy Inc.

   

22,058

b 

2,862,687

 

Varex Imaging Corp.

   

66,614

a 

1,484,826

 

Zimvie Inc.

   

34,795

a 

675,719

 

Zynex Inc.

   

35,348

b 

303,286

 
    

115,423,869

 

Household & Personal Products - 1.3%

     

Central Garden & Pet Co.

   

16,608

a 

719,791

 

Central Garden & Pet Co., Cl. A

   

66,982

a 

2,732,866

 

e.l.f. Beauty Inc.

   

81,110

a 

2,719,618

 

Edgewell Personal Care Co.

   

89,494

 

3,560,071

 

Inter Parfums Inc.

   

29,751

 

2,483,316

 

Medifast Inc.

   

19,526

 

3,284,078

 

USANA Health Sciences Inc.

   

19,103

a 

1,329,951

 

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Household & Personal Products - 1.3% (continued)

     

WD-40 Co.

   

22,926

b 

4,066,385

 
    

20,896,076

 

Insurance - 2.5%

     

Ambac Financial Group Inc.

   

75,216

a 

885,292

 

American Equity Investment Life Holding Co.

   

129,813

 

4,875,776

 

AMERISAFE Inc.

   

32,755

 

1,492,318

 

Assured Guaranty Ltd.

   

107,867

 

6,298,354

 

eHealth Inc.

   

41,280

a,b 

305,472

 

Employers Holdings Inc.

   

46,369

 

1,841,313

 

Genworth Financial Inc., Cl. A

   

859,194

a 

3,651,575

 

HCI Group Inc.

   

13,465

 

921,949

 

Horace Mann Educators Corp.

   

69,344

 

2,375,032

 

James River Group Holdings Ltd.

   

62,262

 

1,479,345

 

Palomar Holdings Inc.

   

40,303

a 

2,513,698

 

ProAssurance Corp.

   

91,665

 

2,028,546

 

Safety Insurance Group Inc.

   

23,637

 

2,045,782

 

Selectquote Inc.

   

217,599

a 

400,382

 

SiriusPoint Ltd.

   

147,352

a 

645,402

 

Stewart Information Services Corp.

   

45,819

 

2,504,008

 

Trupanion Inc.

   

58,639

a 

3,696,016

 

United Fire Group Inc.

   

35,942

 

1,179,976

 

Universal Insurance Holdings Inc.

   

48,409

 

612,374

 
    

39,752,610

 

Materials - 5.2%

     

AdvanSix Inc.

   

47,166

 

1,853,152

 

American Vanguard Corp.

   

45,456

 

1,064,125

 

Arconic Corp.

   

178,962

a 

5,406,442

 

ATI Inc.

   

210,007

a 

5,227,074

 

Balchem Corp.

   

54,069

 

7,340,407

 

Carpenter Technology Corp.

   

81,081

 

2,605,943

 

Century Aluminum Co.

   

87,095

a 

687,180

 

Clearwater Paper Corp.

   

27,930

a 

997,101

 

Compass Minerals International Inc.

   

57,581

 

2,143,741

 

FutureFuel Corp.

   

40,884

 

293,956

 

GCP Applied Technologies Inc.

   

90,864

a 

2,862,216

 

Glatfelter Corp.

   

77,387

 

475,156

 

H.B. Fuller Co.

   

89,459

 

5,743,268

 

Hawkins Inc.

   

31,365

 

1,246,759

 

Haynes International Inc.

   

20,477

 

791,641

 

Innospec Inc.

   

42,068

 

4,290,936

 

Kaiser Aluminum Corp.

   

26,722

 

2,024,726

 

Koppers Holdings Inc.

   

35,677

 

839,837

 

Livent Corp.

   

274,033

a,b 

6,820,681

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Materials - 5.2% (continued)

     

Materion Corp.

   

34,761

 

2,848,316

 

Mativ Inc.

   

92,375

 

2,018,394

 

Mercer International Inc.

   

67,825

 

1,082,487

 

Myers Industries Inc.

   

61,667

 

1,500,358

 

O-I Glass Inc.

   

264,173

a 

3,885,985

 

Olympic Steel Inc.

   

15,725

 

467,504

 

Quaker Chemical Corp.

   

22,617

b 

3,668,704

 

Rayonier Advanced Materials Inc.

   

107,614

a 

380,954

 

Stepan Co.

   

35,889

 

4,027,105

 

SunCoke Energy Inc.

   

137,550

 

1,017,870

 

Sylvamo Corp.

   

59,130

 

2,320,261

 

TimkenSteel Corp.

   

69,912

a 

1,418,514

 

Tredegar Corp.

   

42,658

 

447,056

 

Trinseo Plc

   

60,320

 

2,157,646

 

Warrior Met Coal Inc.

   

87,182

 

2,783,721

 
    

82,739,216

 

Media & Entertainment - 1.4%

     

AMC Networks Inc., Cl. A

   

49,853

a 

1,521,514

 

Cars.com Inc.

   

112,136

a,b 

1,318,719

 

Cinemark Holdings Inc.

   

182,431

a 

3,343,960

 

Gannett Co.

   

248,875

a 

749,114

 

QuinStreet Inc.

   

85,113

a 

914,965

 

Scholastic Corp.

   

51,664

 

2,431,824

 

Shutterstock Inc.

   

39,227

 

2,216,326

 

TechTarget Inc.

   

44,845

a 

2,923,446

 

The E.W. Scripps Company, Cl. A

   

96,890

a 

1,381,651

 

The Marcus Corp.

   

37,435

a,b 

615,057

 

Thryv Holdings Inc.

   

28,423

a 

691,816

 

Yelp Inc.

   

111,315

a 

3,412,918

 
    

21,521,310

 

Pharmaceuticals Biotechnology & Life Sciences - 4.6%

     

Amphastar Pharmaceuticals Inc.

   

62,511

a 

2,337,286

 

ANI Pharmaceuticals Inc.

   

22,036

a 

754,733

 

Anika Therapeutics Inc.

   

24,784

a 

578,954

 

Arcus Biosciences Inc.

   

78,323

a,b 

2,082,609

 

Avid Bioservices Inc.

   

105,254

a,b 

2,068,241

 

Cara Therapeutics Inc.

   

68,618

a 

599,721

 

Coherus Biosciences Inc.

   

109,985

a,b 

931,573

 

Collegium Pharmaceutical Inc.

   

56,835

a 

976,994

 

Corcept Therapeutics Inc.

   

160,997

a 

4,614,174

 

Cytokinetics Inc.

   

144,110

a 

6,100,176

 

Dynavax Technologies Corp.

   

198,901

a,b 

2,860,196

 

Eagle Pharmaceuticals Inc.

   

18,683

a 

741,715

 

Emergent BioSolutions Inc.

   

74,564

a 

2,582,897

 

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Pharmaceuticals Biotechnology & Life Sciences - 4.6% (continued)

     

Enanta Pharmaceuticals Inc.

   

31,400

a 

1,731,710

 

Harmony Biosciences Holdings Inc.

   

38,918

a 

1,974,310

 

Innoviva Inc.

   

106,928

a,b 

1,533,348

 

Ironwood Pharmaceuticals Inc.

   

256,912

a 

2,941,642

 

iTeos Therapeutics Inc.

   

33,150

a 

810,849

 

Ligand Pharmaceuticals Inc.

   

28,335

a 

2,607,670

 

Myriad Genetics Inc.

   

136,197

a 

3,592,877

 

Nektar Therapeutics

   

308,123

a 

1,220,167

 

NeoGenomics Inc.

   

212,813

a 

2,153,668

 

Organogenesis Holdings Inc.

   

108,173

a 

620,913

 

Pacira Biosciences Inc.

   

76,973

a,b 

4,353,593

 

Phibro Animal Health Corp., Cl. A

   

34,192

 

669,137

 

Prestige Consumer Healthcare Inc.

   

84,804

a 

5,114,529

 

REGENXBIO Inc.

   

64,642

a 

2,027,820

 

Supernus Pharmaceuticals Inc.

   

90,241

a 

2,865,152

 

uniQure Nv

   

60,982

a 

1,545,894

 

Vanda Pharmaceuticals Inc.

   

93,450

a 

1,007,391

 

Vericel Corp.

   

78,541

a,b 

2,555,724

 

Vir Biotechnology Inc.

   

125,912

a 

3,501,613

 

Xencor Inc.

   

98,946

a,b 

2,838,761

 
    

72,896,037

 

Real Estate - 7.7%

     

Acadia Realty Trust

   

158,639

c 

2,717,486

 

Agree Realty Corp.

   

127,203

c 

10,124,087

 

Alexander & Baldwin Inc.

   

123,192

c 

2,452,753

 

American Assets Trust Inc.

   

89,735

c 

2,712,689

 

Anywhere Real Estate Inc.

   

200,059

a 

1,986,586

 

Armada Hoffler Properties Inc.

   

113,265

c 

1,606,098

 

Brandywine Realty Trust

   

287,972

c 

2,692,538

 

CareTrust REIT Inc.

   

162,872

c 

3,363,307

 

Centerspace

   

26,004

c 

2,233,484

 

Chatham Lodging Trust

   

81,126

a,c 

986,492

 

Community Healthcare Trust Inc.

   

39,837

c 

1,551,651

 

DiamondRock Hospitality Co.

   

354,845

a,c 

3,292,962

 

Diversified Healthcare Trust

   

399,679

c 

691,445

 

Douglas Elliman Inc.

   

115,115

 

690,690

 

Easterly Government Properties Inc.

   

152,321

c 

3,087,547

 

Essential Properties Realty Trust Inc.

   

221,306

c 

5,337,901

 

Four Corners Property Trust Inc.

   

135,130

c 

3,949,850

 

Franklin Street Properties Corp.

   

161,005

c 

610,209

 

Getty Realty Corp.

   

67,774

c 

1,988,489

 

Global Net Lease Inc.

   

174,398

c 

2,631,666

 

Hersha Hospitality Trust

   

55,012

a,c 

554,521

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Real Estate - 7.7% (continued)

     

Industrial Logistics Properties Trust

   

110,879

c 

1,112,116

 

Innovative Industrial Properties Inc.

   

47,375

c 

4,567,424

 

iStar Inc.

   

139,268

c 

2,327,168

 

LTC Properties Inc.

   

66,518

c 

2,787,104

 

LXP Industrial Trust

   

483,325

c 

5,302,075

 

Marcus & Millichap Inc.

   

41,582

 

1,701,535

 

NexPoint Residential Trust Inc.

   

38,755

c 

2,578,758

 

Office Properties Income Trust

   

82,627

c 

1,716,989

 

Orion Office REIT Inc.

   

94,436

b,c 

1,033,130

 

RE/MAX Holdings Inc., Cl. A

   

32,034

 

811,742

 

Retail Opportunity Investments Corp.

   

210,341

c 

3,672,554

 

RPT Realty

   

142,236

c 

1,546,105

 

Safehold Inc.

   

26,052

c 

1,110,857

 

Saul Centers Inc.

   

22,267

c 

1,164,119

 

Service Properties Trust

   

276,995

c 

1,811,547

 

SITE Centers Corp.

   

306,049

c 

4,471,376

 

Summit Hotel Properties Inc.

   

182,950

a,c 

1,436,158

 

Sunstone Hotel Investors Inc.

   

361,978

a,c 

4,101,211

 

Tanger Factory Outlet Centers Inc.

   

176,320

c 

2,868,726

 

The St. Joe Company

   

55,602

 

2,336,396

 

Uniti Group Inc.

   

399,021

c 

3,978,239

 

Universal Health Realty Income Trust

   

21,630

c 

1,165,857

 

Urban Edge Properties

   

187,969

c 

3,088,331

 

Urstadt Biddle Properties Inc., Cl. A

   

51,932

c 

955,549

 

Veris Residential Inc.

   

134,895

a,c 

1,881,785

 

Washington Real Estate Investment Trust

   

146,714

c 

3,252,649

 

Whitestone REIT

   

78,396

c 

880,387

 

Xenia Hotels & Resorts Inc.

   

192,198

a,c 

3,155,891

 
    

122,078,229

 

Retailing - 4.2%

     

Abercrombie & Fitch Co., Cl. A

   

85,487

a 

1,522,523

 

Academy Sports & Outdoors Inc.

   

143,520

b 

6,175,666

 

America's Car-Mart Inc.

   

10,193

a 

1,055,689

 

Asbury Automotive Group Inc.

   

37,274

a 

6,397,709

 

Bed Bath & Beyond Inc.

   

135,648

a,b 

682,309

 

Big Lots Inc.

   

48,613

b 

981,496

 

Boot Barn Holdings Inc.

   

50,133

a 

3,123,286

 

Caleres Inc.

   

64,606

 

1,603,521

 

Chico's FAS Inc.

   

213,254

a 

1,070,535

 

Conn's Inc.

   

26,750

a 

251,985

 

Designer Brands Inc., Cl. A

   

102,672

b 

1,481,557

 

Genesco Inc.

   

21,834

a 

1,223,796

 

Group 1 Automotive Inc.

   

27,880

b 

4,932,530

 

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Retailing - 4.2% (continued)

     

Guess? Inc.

   

60,873

b 

1,151,108

 

Haverty Furniture Cos.

   

22,962

 

627,551

 

Hibbett Inc.

   

20,720

 

972,182

 

Liquidity Services Inc.

   

44,981

a 

905,468

 

Ll Flooring Holdings Inc.

   

50,337

a,b 

505,383

 

MarineMax Inc.

   

36,522

a 

1,491,558

 

Monro Inc.

   

56,617

 

2,839,343

 

National Vision Holdings Inc.

   

133,712

a 

3,896,368

 

PetMed Express Inc.

   

35,644

b 

777,752

 

Rent-A-Center Inc.

   

91,515

 

2,153,348

 

Sally Beauty Holdings Inc.

   

181,434

a 

2,318,727

 

Shoe Carnival Inc.

   

28,119

 

613,275

 

Signet Jewelers Ltd.

   

79,651

b 

4,855,525

 

Sleep Number Corp.

   

37,724

a 

1,699,843

 

Sonic Automotive Inc., Cl. A

   

33,224

 

1,390,424

 

The Aaron's Company

   

51,692

 

673,030

 

The Buckle Inc.

   

50,171

b 

1,515,164

 

The Cato Corp., Cl. A

   

28,978

 

357,878

 

The Children's Place Inc.

   

21,873

a 

947,976

 

The ODP Corp.

   

74,151

a 

2,691,681

 

Urban Outfitters Inc.

   

106,551

a,b 

2,182,164

 

Zumiez Inc.

   

28,412

a 

738,712

 
    

65,807,062

 

Semiconductors & Semiconductor Equipment - 3.3%

     

Alpha & Omega Semiconductor Ltd.

   

36,445

a 

1,531,054

 

Axcelis Technologies Inc.

   

56,011

a 

3,939,254

 

CEVA Inc.

   

39,090

a 

1,455,321

 

Cohu Inc.

   

82,189

a,b 

2,348,962

 

Diodes Inc.

   

76,292

a 

6,207,880

 

FormFactor Inc.

   

131,253

a 

4,667,357

 

Ichor Holdings Ltd.

   

48,332

a,b 

1,510,858

 

Kulicke & Soffa Industries Inc.

   

99,421

b 

4,784,139

 

MaxLinear Inc.

   

120,725

a 

4,878,497

 

Onto Innovation Inc.

   

83,564

a 

6,956,703

 

PDF Solutions Inc.

   

50,797

a 

1,370,503

 

Photronics Inc.

   

104,542

a 

2,489,145

 

Rambus Inc.

   

186,901

a 

4,724,857

 

SMART Global Holdings Inc.

   

78,940

a 

1,548,803

 

Ultra Clean Holdings Inc.

   

76,199

a 

2,560,286

 

Veeco Instruments Inc.

   

86,000

a 

1,874,800

 
    

52,848,419

 

Software & Services - 4.1%

     

8x8 Inc.

   

197,090

a 

963,770

 

A10 Networks Inc.

   

98,824

 

1,473,466

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Software & Services - 4.1% (continued)

     

Agilysys Inc.

   

33,363

a 

1,611,433

 

Alarm.com Holdings Inc.

   

77,701

a 

5,498,900

 

Cerence Inc.

   

66,313

a 

1,868,037

 

Consensus Cloud Solutions Inc.

   

27,099

a 

1,464,159

 

CSG Systems International Inc.

   

52,888

 

3,450,942

 

Digital Turbine Inc.

   

148,783

a 

2,986,075

 

Ebix Inc.

   

40,015

 

946,755

 

EVERTEC Inc.

   

99,546

 

3,881,299

 

ExlService Holdings Inc.

   

56,037

a 

9,434,950

 

InterDigital Inc.

   

52,053

 

3,195,534

 

LivePerson Inc.

   

114,629

a 

1,563,540

 

Liveramp Holdings Inc.

   

113,821

a 

3,028,777

 

OneSpan Inc.

   

56,992

a 

630,901

 

Perficient Inc.

   

58,420

a 

6,164,478

 

Progress Software Corp.

   

74,273

 

3,487,860

 

SPS Commerce Inc.

   

60,864

a 

7,289,073

 

TTEC Holdings Inc.

   

30,823

 

2,255,319

 

Unisys Corp.

   

115,444

a 

1,583,892

 

Xperi Holding Corp.

   

175,283

 

2,937,743

 
    

65,716,903

 

Technology Hardware & Equipment - 5.9%

     

3D Systems Corp.

   

217,045

a,b 

2,482,995

 

ADTRAN Holdings Inc.

   

129,944

 

3,130,351

 

Advanced Energy Industries Inc.

   

63,130

 

5,649,504

 

Arlo Technologies Inc.

   

145,995

a 

1,026,345

 

Badger Meter Inc.

   

49,259

 

4,738,223

 

Benchmark Electronics Inc.

   

58,946

 

1,507,839

 

CalAmp Corp.

   

62,620

a,b 

294,940

 

Comtech Telecommunications Corp.

   

44,969

 

522,540

 

Corsair Gaming Inc.

   

54,920

a,b 

774,372

 

CTS Corp.

   

54,854

 

2,231,461

 

Diebold Nixdorf Inc.

   

123,972

a 

400,430

 

Digi International Inc.

   

58,595

a 

1,669,372

 

ePlus Inc.

   

45,634

a 

2,535,881

 

Extreme Networks Inc.

   

218,973

a 

2,864,167

 

Fabrinet

   

61,864

a 

5,942,656

 

FARO Technologies Inc.

   

30,978

a 

1,007,405

 

Harmonic Inc.

   

174,286

a 

1,903,203

 

Insight Enterprises Inc.

   

59,131

a 

5,523,427

 

Itron Inc.

   

76,486

a 

4,466,782

 

Knowles Corp.

   

155,007

a,b 

3,061,388

 

Methode Electronics Inc.

   

62,451

 

2,575,479

 

NETGEAR Inc.

   

48,381

a 

1,247,262

 

NETSCOUT Systems Inc.

   

124,872

a 

4,442,946

 

        
 

Description

   

Shares

 

Value ($)

 

Common Stocks - 99.0% (continued)

     

Technology Hardware & Equipment - 5.9% (continued)

     

OSI Systems Inc.

   

26,527

a 

2,564,365

 

PC Connection Inc.

   

18,975

 

899,984

 

Plantronics Inc.

   

72,003

a 

2,864,999

 

Plexus Corp.

   

47,103

a 

4,425,327

 

Rogers Corp.

   

31,566

a 

8,499,145

 

Sanmina Corp.

   

102,267

a 

4,709,395

 

ScanSource Inc.

   

42,281

a 

1,350,878

 

TTM Technologies Inc.

   

171,337

a 

2,318,190

 

Viavi Solutions Inc.

   

384,065

a 

5,684,162

 
    

93,315,413

 

Telecommunication Services - .8%

     

ATN International Inc.

   

18,332

 

844,005

 

Cogent Communications Holdings Inc.

   

71,729

 

4,577,027

 

Consolidated Communications Holdings Inc.

   

124,900

a 

824,340

 

Gogo Inc.

   

115,525

a 

2,005,514

 

Shenandoah Telecommunications Co.

   

83,788

b 

1,868,472

 

Telephone & Data Systems Inc.

   

165,184

 

2,611,559

 
    

12,730,917

 

Transportation - 2.1%

     

Allegiant Travel Co.

   

25,587

a 

2,950,437

 

ArcBest Corp.

   

41,459

b 

3,673,267

 

Atlas Air Worldwide Holdings Inc.

   

44,303

a 

3,354,180

 

Forward Air Corp.

   

45,446

 

4,768,649

 

Hawaiian Holdings Inc.

   

87,084

a 

1,302,777

 

Heartland Express Inc.

   

77,148

 

1,225,110

 

Hub Group Inc., Cl. A

   

57,091

a 

4,361,752

 

Marten Transport Ltd.

   

98,806

 

2,130,257

 

Matson Inc.

   

68,130

 

6,245,477

 

SkyWest Inc.

   

85,435

a 

2,063,255

 

Sun Country Airlines Holdings Inc.

   

52,586

a 

1,060,660

 
    

33,135,821

 

Utilities - 2.2%

     

American States Water Co.

   

62,316

 

5,432,086

 

Avista Corp.

   

122,083

 

5,159,228

 

California Water Service Group

   

90,479

 

5,435,978

 

Chesapeake Utilities Corp.

   

30,085

 

4,125,556

 

Middlesex Water Co.

   

29,902

b 

2,843,979

 

Northwest Natural Holding Co.

   

57,238

 

3,071,963

 

South Jersey Industries Inc.

   

206,112

 

7,065,519

 

Unitil Corp.

   

27,190

 

1,489,196

 
    

34,623,505

 

Total Common Stocks (cost $1,044,880,077)

   

1,570,304,910

 

STATEMENT OF INVESTMENTS (Unaudited) (continued)

        
 
        

Exchange-Traded Funds - .4%

     

Registered Investment Companies - .4%

     

iShares Core S&P Small-Cap ETF
(cost $6,437,292)

   

69,999

b 

 7,111,198

 
  

1-Day
Yield (%)

     

Investment Companies - .4%

     

Registered Investment Companies - .4%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares
(cost $5,659,493)

 

2.21

 

5,659,493

d 

 5,659,493

 
        

Investment of Cash Collateral for Securities Loaned - 1.1%

     

Registered Investment Companies - 1.1%

     

Dreyfus Institutional Preferred Government Plus Money Market Fund, SL Shares
(cost $16,956,773)

 

2.21

 

16,956,773

d 

 16,956,773

 

Total Investments (cost $1,073,933,635)

 

100.9%

 

1,600,032,374

 

Liabilities, Less Cash and Receivables

 

(.9%)

 

(14,576,586)

 

Net Assets

 

100.0%

 

1,585,455,788

 

ETF—Exchange-Traded Fund

REIT—Real Estate Investment Trust

a Non-income producing security.

b Security, or portion thereof, on loan. At July 31, 2022, the value of the fund’s securities on loan was $104,681,183 and the value of the collateral was $106,399,441, consisting of cash collateral of $16,956,773 and U.S. Government & Agency securities valued at $89,442,668. In addition, the value of collateral may include pending sales that are also on loan.

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 FUTURES
BNY Mellon Smallcap Stock Index Fund

July 31, 2022 (Unaudited)

       

Futures

   

Description

Number of
Contracts

Expiration

Notional
Value ($)

Market
Value ($)

Unrealized Appreciation ($)

 

Futures Long

  

E-mini Russell 2000

84

9/16/2022

7,204,895

7,918,260

713,365

 

Gross Unrealized Appreciation

 

713,365

 

See notes to financial statements.

STATEMENT OF INVESTMENTS
BNY Mellon Smallcap Stock Index Fund

July 31, 2022 (Unaudited)

The following is a summary of the inputs used as of July 31, 2022 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

1,570,304,910

-

 

-

1,570,304,910

 

Exchange-Traded Funds

7,111,198

-

 

-

7,111,198

 

Investment Companies

22,616,266

-

 

-

22,616,266

 

Other Financial Instruments:

  

Futures††

713,365

-

 

-

713,365

 

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

†† Amount shown represents unrealized appreciation (depreciation) at period end.

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 July 31, 2022 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 July 31, 2022, accumulated net unrealized appreciation on investments was $526,098,739, consisting of $650,465,009 gross unrealized appreciation and $124,366,270 gross unrealized depreciation.

At July 31, 2022, 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.