# EDGAR Filing Document

**Accession Number:** 0000846800
**File Stem:** 0000846800-23-000001
**Filing Date:** 2023-2
**Character Count:** 139432
**Document Hash:** 60b72e7467dc4fcf4e33127fde7c46ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000846800-23-000001.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0000846800-23-000001

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 8

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**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:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05719
- **FILM NUMBER:** 23611691

**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

## Series and Classes Contracts Data

### BNY Mellon Stock Index Fund, Inc. (Series ID: S000001911)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000005028 | BNY Mellon Stock Index Fund, Inc. - Initial Shares |  |
| C000005029 | BNY Mellon Stock Index Fund, Inc. - Service Shares |  |

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT<br> INVESTMENT COMPANIES

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;Investment Company Act file number | &nbsp;&nbsp;Investment Company Act file number | &nbsp;&nbsp;811-05719 | &nbsp;&nbsp;811-05719 |
| &nbsp;&nbsp;BNY Mellon Stock Index Fund, Inc. | &nbsp;&nbsp;BNY Mellon Stock Index Fund, Inc. | &nbsp;&nbsp;BNY Mellon Stock Index Fund, Inc. | &nbsp;&nbsp;BNY Mellon Stock Index Fund, Inc. |
| &nbsp;&nbsp;(Exact name of Registrant as specified in charter) | &nbsp;&nbsp;(Exact name of Registrant as specified in charter) | &nbsp;&nbsp;(Exact name of Registrant as specified in charter) | &nbsp;&nbsp;(Exact name of Registrant as specified in charter) |
| &nbsp;&nbsp; <br> c/o BNY Mellon Investment Adviser, Inc.<br> 240 Greenwich Street<br> New York, New York 10286 | &nbsp;&nbsp; <br> c/o BNY Mellon Investment Adviser, Inc.<br> 240 Greenwich Street<br> New York, New York 10286 | &nbsp;&nbsp; <br> c/o BNY Mellon Investment Adviser, Inc.<br> 240 Greenwich Street<br> New York, New York 10286 | &nbsp;&nbsp; <br> c/o BNY Mellon Investment Adviser, Inc.<br> 240 Greenwich Street<br> New York, New York 10286 |
| &nbsp;&nbsp;(Address of principal executive offices) (Zip code) | &nbsp;&nbsp;(Address of principal executive offices) (Zip code) | &nbsp;&nbsp;(Address of principal executive offices) (Zip code) | &nbsp;&nbsp;(Address of principal executive offices) (Zip code) |
| &nbsp;&nbsp; Deirdre Cunnane, Esq.<br> 240 Greenwich Street<br> New York, New York 10286 | &nbsp;&nbsp; Deirdre Cunnane, Esq.<br> 240 Greenwich Street<br> New York, New York 10286 | &nbsp;&nbsp; Deirdre Cunnane, Esq.<br> 240 Greenwich Street<br> New York, New York 10286 | &nbsp;&nbsp; Deirdre Cunnane, Esq.<br> 240 Greenwich Street<br> New York, New York 10286 |
| &nbsp;&nbsp;(Name and address of agent for service) | &nbsp;&nbsp;(Name and address of agent for service) | &nbsp;&nbsp;(Name and address of agent for service) | &nbsp;&nbsp;(Name and address of agent for service) |
| &nbsp;&nbsp;Registrant's telephone number, including area code: | &nbsp;&nbsp;Registrant's telephone number, including area code: | &nbsp;&nbsp;Registrant's telephone number, including area code: | &nbsp;&nbsp;(212) 922-6400 |
| &nbsp;&nbsp; Date of fiscal year end: | &nbsp;&nbsp;12/31 | &nbsp;&nbsp;12/31 | &nbsp;&nbsp;12/31 |
| &nbsp;&nbsp;Date of reporting period: | &nbsp;&nbsp; 12/31/22 | &nbsp;&nbsp; 12/31/22 | &nbsp;&nbsp; 12/31/22 |

---

**FORM N-CSR**

**Item 1. Reports to Stockholders.**

## BNY Mellon Stock Index Fund, Inc.
**ANNUAL REPORT**<br>December 31, 2022<br>

![](img_4375edba3a2e4.jpg)<br>

**Save time. Save paper. View your next shareholder report online as soon as it's available. Log into www.im.bnymellon.com and sign up for eCommunications. It's simple and only takes a few minutes.**<br>

---

| |
|:---|
| The views expressed in this report reflect those of the portfolio manager(s) only through the end of the period covered and do not necessarily represent the views of BNY Mellon Investment Adviser, Inc. or any other person in the BNY Mellon Investment Adviser, Inc. organization. Any such views are subject to change at any time based upon market or other conditions and BNY Mellon Investment Adviser, Inc. disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund in the BNY Mellon Family of Funds are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any fund in the BNY Mellon Family of Funds. |
| Not FDIC-Insured • Not Bank-Guaranteed • May Lose Value |

---

## Contents
THE FUND

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Discussion of Fund Performance](#1) | [2](#1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Fund Performance](#2) | [5](#2) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Understanding Your Fund's Expenses](#3) | [6](#3) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Comparing Your Fund's Expenses <br> With Those of Other Funds](#4) | [6](#4) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Investments](#5) | [7](#5) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#6) | [22](#6) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#7) | [23](#7) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Changes in Net Assets](#8) | [24](#8) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#9) | [25](#9) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#10) | [27](#10) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Report of Independent Registered<br> Public Accounting Firm](#11) | [36](#11) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Important Tax Information](#12) | [37](#12) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Board Members Information](#13) | [38](#13) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Officers of the Fund](#14) | [40](#14) |

---

FOR MORE INFORMATION

Back Cover

DISCUSSION OF FUND PERFORMANCE (Unaudited)

*For the period from January 1, 2022, through December 31, 2022, as provided by David France, CFA, Todd Frysinger, CFA, Vlasta Sheremeta, CFA, Michael Stoll and Marlene Walker Smith, Portfolio Managers*

#### Market and Fund Performance Overview
For the 12-month period ended December 31, 2022, BNY Mellon Stock Index Fund, Inc.'s (the "fund") Initial Shares produced a total return of -18.31%, and its Service Shares produced a total return of -18.52%.<sup>1</sup> In comparison, the S&P 500<sup><sup>®</sup></sup> Index (the "Index"), the fund's benchmark, produced a total return of -18.10% for the same period.<sup>2,3</sup>

Equities lost ground during the reporting period under pressure from sharply increasing inflation, monetary tightening measures undertaken by the U.S. Federal Reserve (the "Fed") and uncertainties related to Russia's invasion of Ukraine. The difference in returns between the fund and the Index was primarily the result of transaction costs and operating expenses that are not reflected in the Index's results.

#### The Fund's Investment Approach
The fund seeks to match the total return of the Index. To pursue its goal, the fund generally is fully invested in stocks included in the Index. The fund generally invests in all 500 stocks in the Index in proportion to their weighting in the Index. The fund may also use stock index futures contracts, whose performance is tied to the Index, or invest in exchange-traded funds, typically when the fund's available cash balances cannot otherwise be efficiently or effectively invested directly.

#### A Challenging Environment Undermines Most Equities
The start of 2022 was the most challenging period faced by equity investors since the outbreak of the COVID-19 pandemic. While Russia's invasion of Ukraine at the end of February was a defining geopolitical and economic event and an obvious catalyst for equity market weakness, equity indices had already come under considerable pressure. The proximate cause was tightening U.S. monetary policy, as the Fed, addressing inflationary pressures, signaled that U.S. interest-rate increases would come earlier and potentially be more aggressive than previously indicated, a course of action that pressured higher-multiple equities. Inflation rose even faster than expected as commodity prices surged in the wake of the invasion of Ukraine, necessitating an even more hawkish approach by the Fed. As the pace of interest-rate increases accelerated in the late spring and summer, equities experienced extensive derating, with higher growth shares once again proving most vulnerable.

The investment environment remained volatile in the second half of the year, although many equity indices registered mild gains for the six months, with the Index rising 2.31%. Stock markets started the third quarter of 2022 on a firmer footing in response to better-than-expected corporate earnings and a less hawkish tone from the Fed during the announcement of a 0.75% increase in U.S. interest rates in July. However, subsequent Fed statements dashed investor's hopes that a dovish policy pivot might

#### 2
soon materialize, driving stock markets lower again. Risk assets rose in October and November on encouraging signs of moderating inflationary pressures. Nevertheless, the Fed's rhetoric and actions remained steadfastly hawkish, and stocks dipped again in December as the prospect of a possible recession loomed on the horizon.

#### Most Sectors Decline Under Pressure
In response to inflationary pressures and growing uncertainty regarding economic prospects, most industry sectors declined along with the overall market. Communication services companies led the Index lower, primarily due to sharp declines in previously richly valued advertising and technology-oriented names, such as Meta Platforms Inc. and Alphabet Inc., the parent company of Google. Consumer discretionary stocks were hurt by concerns regarding consumer spending ahead of a possible recession, and by inventory pressures felt by retailers. Information technology declined with the market's pivot away from growth-oriented companies. The real estate sector proved weak as cracks started to show from the housing market slowdown.

Conversely, the energy sector generated strongly positive returns, rising by 65.71% in the Index. Energy companies benefited from oil and gas prices that remained at historically high levels, even after declines from their mid-year highs. Oil, gas & fuel producers provided the strongest gains, followed by energy equipment & services providers. Utilities, a traditionally defensive, value-oriented sector, was the next-strongest performer, returning just 1.57%. No other sector in the Index provided positive returns. Those declining the least included consumer staples (-0.62%) and health care (-1.95%).

#### Easing Pressures with Potential Upside
As of December 31, 2022, we see signs that inflationary pressures are beginning to moderate as the inflation curve begins to bend in response to the Fed's hawkish policies. Supply chains are beginning to heal as well. The economic cost of the current cycle remains restrained thus far, with the job market remaining unexpectedly resilient and corporate profits still generally strong, aside from pockets of weakness in areas such as home builders. However, we may see wider indications of softness in corporate earnings as the impacts of still-rising interest rates filter through the economy. With additional rate increases expected in 2023, the question remains open as to whether the Fed will succeed in engineering a so-called "soft landing," in which inflation declines nearer the central bank's 2% target rate, and monetary policy can be eased with minimal economic dislocation or lasting damage to growth. If a soft landing is achieved, we believe equities in areas that have seen significant valuation compression—particularly among

#### 3
DISCUSSION OF FUND PERFORMANCE (Unaudited) *(continued)*

information technology and communication services companies that have right-sized their workforce—may prove well positioned to outperform.

January 17, 2023

*<sup>1</sup> Total return includes reinvestment of dividends and any capital gains paid. Past performance is no guarantee of future results. Share price and investment return fluctuate such that upon redemption, fund shares may be worth more or less than their original cost. The fund's performance does not reflect the deduction of additional charges and expenses imposed in connection with investing in variable insurance contracts, which will reduce returns.* 

*<sup>2</sup> Source: Lipper Inc. — The S&P 500<sup><sup>®</sup></sup>Index is widely regarded as the best single gauge of large-cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. Investors cannot invest directly in any index.*

*<sup>3</sup> "Standard & Poor's<sup></sup>," "S&P<sup></sup>," "Standard & Poor's 500,"and "S&P 500<sup></sup>" are trademarks of Standard & Poor's Financial Services LLC ("Standard & Poor's") and have been licensed for use by the fund. The fund is not sponsored, endorsed, sold or promoted by Standard & Poor's, and Standard & Poor's does not make any representation regarding the advisability of investing in the fund.*

*Equities are subject generally to market, market sector, market liquidity, issuer and investment style risks, among other factors, to varying degrees, all of which are more fully described in the fund's prospectus.*

*Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.*

*The fund may, but is not required to, use derivative instruments. A small investment in derivatives could have a potentially large impact on the fund's performance. The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets.*

*The fund is only available as a funding vehicle under variable life insurance policies or variable annuity contracts issued by insurance companies. Individuals may not purchase shares of the fund directly. A variable annuity is an insurance contract issued by an insurance company that enables investors to accumulate assets on a tax-deferred basis for retirement or other long-term goals. The investment objective and policies of BNY Mellon Stock Index Fund, Inc. made available through insurance products may be similar to those of other funds managed by BNY Mellon Investment Adviser, Inc. However, the investment results of the fund may be higher or lower than, and may not be comparable to, those of any other BNY Mellon Investment Adviser, Inc. fund.*

#### 4
FUND PERFORMANCE (Unaudited)

![](img_ba501a3ca4024.jpg)<br>

Comparison of change in value of a $10,000 investment in Initial shares and Service shares of BNY Mellon Stock Index Fund, Inc. with a hypothetical investment of $10,000 in the S&P 500<sup><sup>®</sup></sup>Index (the "Index").

*<sup>†</sup> Source: Lipper Inc.*

*Past performance is not predictive of future performance. The fund's performance does not reflect the deduction of additional charges and expenses imposed in connection with investing in variable insurance contracts which will reduce returns.*

*The above graph compares a hypothetical investment of $10,000 made in Initial shares and Service shares of BNY Mellon Stock Index Fund, Inc. on 12/31/12 to a hypothetical investment of $10,000 made in the Index on that date.* 

*The fund's performance shown in the line graph above takes into account all applicable fees and expenses. The Index is widely regarded as the best single gauge of large-cap U.S. equities. The Index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. Unlike a mutual fund, the Index is not subject to charges, fees and other expenses. Investors cannot invest directly in any index. Further information relating to fund performance, including expense reimbursements, if applicable, is contained in the Financial Highlights section of the prospectus and elsewhere in this report.* 

---

| | | | |
|:---|:---|:---|:---|
| **Average Annual Total Returns as of 12/31/2022** | **Average Annual Total Returns as of 12/31/2022** | **Average Annual Total Returns as of 12/31/2022** | **Average Annual Total Returns as of 12/31/2022** |
|  | 1 Year | 5 Years | 10 Years |
| **Initial shares** | **-18.31%** | **9.14%** | **12.28%** |
| **Service shares** | **-18.52%** | **8.87%** | **12.00%** |
| **S&P 500<sup><sup>®</sup></sup>Index** | **-18.10%** | **9.42%** | **12.55%** |

---

**The performance data quoted represents past performance, which is no guarantee of future results. Share price and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Go to www.im.bnymellon.com for the fund's most recent month-end returns.**

*The fund's Initial shares are not subject to a Rule 12b-1 fee. The fund's Service shares are subject to a 0.25% annual Rule 12b-1 fee. All dividends and capital gain distributions are reinvested.*

*The fund's performance shown in the graph and table does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.*

#### 5
UNDERSTANDING YOUR FUND'S EXPENSES (Unaudited)

*As a mutual fund investor, you pay ongoing expenses, such as management fees and other expenses. Using the information below, you can estimate how these expenses affect your investment and compare them with the expenses of other funds. You also may pay one-time transaction expenses, including sales charges (loads), redemption fees and expenses associated with variable annuity or insurance contracts, which are not shown in this section and would have resulted in higher total expenses. For more information, see your fund's prospectus or talk to your financial adviser.*

#### Review your fund's expenses
The table below shows the expenses you would have paid on a $1,000 investment in BNY Mellon Stock Index Fund, Inc. from July 1, 2022 to December 31, 2022. It also shows how much a $1,000 investment would be worth at the close of the period, assuming actual returns and expenses.

---

| | | |
|:---|:---|:---|
| **Expenses and Value of a $1,000 Investment** | **Expenses and Value of a $1,000 Investment** | **Expenses and Value of a $1,000 Investment** |
| Assume actual returns for the six months ended December 31, 2022 | Assume actual returns for the six months ended December 31, 2022 | Assume actual returns for the six months ended December 31, 2022 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Initial Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Service Shares** |
| Expenses paid per $1,000<sup>†</sup> | &nbsp;&nbsp;&nbsp; $1.38 | &nbsp;&nbsp;&nbsp; $2.65 |
| Ending value (after expenses) | &nbsp;&nbsp;&nbsp; $1021.80 | &nbsp;&nbsp;&nbsp; $1020.70 |

---

COMPARING YOUR FUND'S EXPENSES WITH THOSE OF OTHER FUNDS (Unaudited)

#### Using the SEC's method to compare expenses
The Securities and Exchange Commission ("SEC") has established guidelines to help investors assess fund expenses. Per these guidelines, the table below shows your fund's expenses based on a $1,000 investment, assuming a hypothetical 5% annualized return. You can use this information to compare the ongoing expenses (but not transaction expenses or total cost) of investing in the fund with those of other funds. All mutual fund shareholder reports will provide this information to help you make this comparison. Please note that you cannot use this information to estimate your actual ending account balance and expenses paid during the period.

---

| | | | |
|:---|:---|:---|:---|
| **Expenses and Value of a $1,000 Investment** | **Expenses and Value of a $1,000 Investment** | **Expenses and Value of a $1,000 Investment** | **Expenses and Value of a $1,000 Investment** |
| Assuming a hypothetical 5% annualized return for the six months ended December 31, 2022 | Assuming a hypothetical 5% annualized return for the six months ended December 31, 2022 | Assuming a hypothetical 5% annualized return for the six months ended December 31, 2022 | Assuming a hypothetical 5% annualized return for the six months ended December 31, 2022 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Initial Shares** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Service Shares** |
| Expenses paid per $1,000<sup>†</sup> | Expenses paid per $1,000<sup>†</sup> | &nbsp;&nbsp;&nbsp; $1.38 | &nbsp;&nbsp;&nbsp; $2.65 |
| Ending value (after expenses) | Ending value (after expenses) | &nbsp;&nbsp;&nbsp; $1023.84 | &nbsp;&nbsp;&nbsp; $1022.58 |
| *<sup>†</sup>* | *Expenses are equal to the fund's annualized expense ratio of .27% for Initial Shares and .52% for Service Shares, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).* | *Expenses are equal to the fund's annualized expense ratio of .27% for Initial Shares and .52% for Service Shares, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).* | *Expenses are equal to the fund's annualized expense ratio of .27% for Initial Shares and .52% for Service Shares, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).* |

---

#### 6
STATEMENT OF INVESTMENTS<br> December 31, 2022

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9%**  |  |  |
| **Automobiles & Components - 1.4%** |  |  |
| Aptiv PLC | 21581<br> <sup>a</sup>  | 2009839 |
| BorgWarner Inc. | 18391 | 740238 |
| Ford Motor Co. | 310212 | 3607766 |
| General Motors Co. | 114326 | 3845927 |
| Tesla Inc. | 214290<br> <sup>a</sup>  | 26396242 |
|  |  | **36600012** |
| **Banks - 3.8%** |  |  |
| Bank of America Corp. | 557369 | 18460061 |
| Citigroup Inc. | 155187 | 7019108 |
| Citizens Financial Group Inc. | 39097 | 1539249 |
| Comerica Inc. | 10329 | 690494 |
| Fifth Third Bancorp | 54587 | 1790999 |
| First Republic Bank | 14045 | 1711945 |
| Huntington Bancshares Inc. | 116976 | 1649362 |
| JPMorgan Chase & Co. | 233909 | 31367197 |
| KeyCorp | 75308 | 1311865 |
| M&T Bank Corp. | 13988 | 2029099 |
| Regions Financial Corp. | 74250 | 1600830 |
| Signature Bank | 4664 | 537386 |
| SVB Financial Group | 4680<br> <sup>a</sup>  | 1077055 |
| The PNC Financial Services Group Inc. | 32278 | 5097987 |
| Truist Financial Corp. | 103959 | 4473356 |
| U.S. Bancorp | 106085 | 4626367 |
| Wells Fargo & Co. | 303833 | 12545265 |
| Zions Bancorp NA | 11973 | 588593 |
|  |  | **98116218** |
| **Capital Goods - 6.0%** |  |  |
| 3M Co. | 43592 | 5227553 |
| A.O. Smith Corp. | 10188 | 583161 |
| Allegion PLC | 7226 | 760609 |
| AMETEK Inc. | 18397 | 2570429 |
| Carrier Global Corp. | 66542 | 2744857 |
| Caterpillar Inc. | 41411 | 9920419 |
| Cummins Inc. | 11127 | 2695961 |
| Deere & Co. | 21857 | 9371407 |
| Dover Corp. | 11287 | 1528373 |
| Eaton Corp. | 31251 | 4904844 |
| Emerson Electric Co. | 46695 | 4485522 |
| Fastenal Co. | 45743 | 2164559 |
| Fortive Corp. | 27856 | 1789748 |
| Generac Holdings Inc. | 4979<br> <sup>a</sup>  | 501186 |

---

#### 7
*STATEMENT OF INVESTMENTS (continued)*

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Capital Goods - 6.0% (continued)** |  |  |
| General Dynamics Corp. | 18050 | 4478385 |
| General Electric Co. | 86478 | 7245992 |
| Honeywell International Inc. | 53536 | 11472765 |
| Howmet Aerospace Inc. | 29754 | 1172605 |
| Huntington Ingalls Industries Inc. | 2994 | 690656 |
| IDEX Corp. | 6013 | 1372948 |
| Illinois Tool Works Inc. | 22495 | 4955648 |
| Ingersoll Rand Inc. | 31994 | 1671686 |
| Johnson Controls International PLC | 55648 | 3561472 |
| L3Harris Technologies Inc. | 15459 | 3218718 |
| Lockheed Martin Corp. | 18556 | 9027308 |
| Masco Corp. | 19228 | 897371 |
| Nordson Corp. | 4272 | 1015540 |
| Northrop Grumman Corp. | 11537 | 6294703 |
| Otis Worldwide Corp. | 33854 | 2651107 |
| PACCAR Inc. | 27618 | 2733353 |
| Parker-Hannifin Corp. | 10294 | 2995554 |
| Pentair PLC | 12767 | 574260 |
| Quanta Services Inc. | 11493 | 1637752 |
| Raytheon Technologies Corp. | 117854 | 11893826 |
| Rockwell Automation Inc. | 9242 | 2380462 |
| Snap-on Inc. | 4202 | 960115 |
| Stanley Black & Decker Inc. | 11507 | 864406 |
| Textron Inc. | 17186 | 1216769 |
| The Boeing Company | 44319<br> <sup>a</sup>  | 8442326 |
| Trane Technologies PLC | 18018 | 3028646 |
| TransDigm Group Inc. | 4169 | 2625011 |
| United Rentals Inc. | 5714<br> <sup>a</sup>  | 2030870 |
| W.W. Grainger Inc. | 3578 | 1990262 |
| Westinghouse Air Brake Technologies Corp. | 14442 | 1441456 |
| Xylem Inc. | 14801 | 1636547 |
|  |  | **155427147** |
| **Commercial & Professional Services - .9%** |  |  |
| Cintas Corp. | 6979 | 3151856 |
| Copart Inc. | 33256<br> <sup>a</sup>  | 2024958 |
| CoStar Group Inc. | 32688<br> <sup>a</sup>  | 2526129 |
| Equifax Inc. | 9697 | 1884709 |
| Jacobs Solutions Inc. | 10662 | 1280186 |
| Leidos Holdings Inc. | 10745 | 1130267 |
| Republic Services Inc. | 16125 | 2079964 |
| Robert Half International Inc. | 9037 | 667202 |
| Rollins Inc. | 17604 | 643250 |

---

#### 8

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares |  | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |  |
| **Commercial & Professional Services - .9% (continued)** |  |  |  |
| Verisk Analytics Inc. | 12600 |  | 2222892 |
| Waste Management Inc. | 29837 |  | 4680829 |
|  |  |  | **22292242** |
| **Consumer Durables & Apparel - .9%** |  |  |  |
| D.R. Horton Inc. | 24813 |  | 2211831 |
| Garmin Ltd. | 11939 |  | 1101850 |
| Hasbro Inc. | 10374 |  | 632918 |
| Lennar Corp., Cl. A | 20069 |  | 1816244 |
| Mohawk Industries Inc. | 4187 | <sup>a</sup>  | 427995 |
| Newell Brands Inc. | 28859 |  | 377476 |
| NIKE Inc., Cl. B | 100648 |  | 11776822 |
| NVR Inc. | 252 | <sup>a</sup>  | 1162370 |
| PulteGroup Inc. | 17126 |  | 779747 |
| Ralph Lauren Corp. | 3442 |  | 363716 |
| Tapestry Inc. | 19385 |  | 738181 |
| VF Corp. | 25670 |  | 708749 |
| Whirlpool Corp. | 4863 |  | 687920 |
|  |  |  | **22785819** |
| **Consumer Services - 2.0%** |  |  |  |
| Booking Holdings Inc. | 3100 | <sup>a</sup>  | 6247368 |
| Caesars Entertainment Inc. | 17331 | <sup>a</sup>  | 720970 |
| Carnival Corp. | 81847 | <sup>a</sup>  | 659687 |
| Chipotle Mexican Grill Inc. | 2243 | <sup>a</sup>  | 3112140 |
| Darden Restaurants Inc. | 10193 |  | 1409998 |
| Domino's Pizza Inc. | 2875 |  | 995900 |
| Expedia Group Inc. | 11873 | <sup>a</sup>  | 1040075 |
| Hilton Worldwide Holdings Inc. | 21537 |  | 2721415 |
| Las Vegas Sands Corp. | 26347 | <sup>a</sup>  | 1266500 |
| Marriott International Inc., Cl. A | 21724 |  | 3234486 |
| McDonald's Corp. | 58256 |  | 15352204 |
| MGM Resorts International | 26005 |  | 871948 |
| Norwegian Cruise Line Holdings Ltd. | 29064 | <sup>a</sup>  | 355743 |
| Royal Caribbean Cruises Ltd. | 17591 | <sup>a,b</sup>  | 869523 |
| Starbucks Corp. | 90827 |  | 9010038 |
| Wynn Resorts Ltd. | 8181 | <sup>a,b</sup>  | 674687 |
| Yum! Brands Inc. | 22840 |  | 2925347 |
|  |  |  | **51468029** |
| **Diversified Financials - 5.3%** |  |  |  |
| American Express Co. | 47843 |  | 7068803 |
| Ameriprise Financial Inc. | 8551 |  | 2662525 |
| Berkshire Hathaway Inc., Cl. B | 143560 | <sup>a</sup>  | 44345684 |
| BlackRock Inc. | 11999 |  | 8502851 |
| Capital One Financial Corp. | 30093 |  | 2797445 |

---

#### 9
*STATEMENT OF INVESTMENTS (continued)*

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Diversified Financials - 5.3% (continued)** |  |  |
| Cboe Global Markets Inc. | 8239 | 1033747 |
| CME Group Inc. | 28248 | 4750184 |
| Discover Financial Services | 22203 | 2172119 |
| FactSet Research Systems Inc. | 3001 | 1204031 |
| Franklin Resources Inc. | 23496<br> <sup>b</sup>  | 619824 |
| Intercontinental Exchange Inc. | 44250 | 4539607 |
| Invesco Ltd. | 35223 | 633662 |
| MarketAxess Holdings Inc. | 2943 | 820773 |
| Moody's Corp. | 12522 | 3488880 |
| Morgan Stanley | 105360 | 8957707 |
| MSCI Inc. | 6414 | 2983600 |
| Nasdaq Inc. | 27432 | 1682953 |
| Northern Trust Corp. | 16354 | 1447165 |
| Raymond James Financial Inc. | 15597 | 1666539 |
| S&P Global Inc. | 26786 | 8971703 |
| State Street Corp. | 29127 | 2259381 |
| Synchrony Financial | 36049 | 1184570 |
| T. Rowe Price Group Inc. | 17597 | 1919129 |
| The Bank of New York Mellon Corp. | 59018 | 2686499 |
| The Charles Schwab Corp. | 121477 | 10114175 |
| The Goldman Sachs Group Inc. | 26961 | 9257868 |
|  |  | **137771424** |
| **Energy - 5.2%** |  |  |
| APA Corp. | 26874 | 1254478 |
| Baker Hughes Co. | 81226 | 2398604 |
| Chevron Corp. | 141937 | 25476272 |
| ConocoPhillips | 99627 | 11755986 |
| Coterra Energy Inc. | 64036 | 1573365 |
| Devon Energy Corp. | 51723 | 3181482 |
| Diamondback Energy Inc. | 13953 | 1908491 |
| EOG Resources Inc. | 46599 | 6035502 |
| EQT Corp. | 29308 | 991490 |
| Exxon Mobil Corp. | 328407 | 36223292 |
| Halliburton Co. | 72120 | 2837922 |
| Hess Corp. | 21956 | 3113800 |
| Kinder Morgan Inc. | 155081 | 2803864 |
| Marathon Oil Corp. | 51310 | 1388962 |
| Marathon Petroleum Corp. | 37310 | 4342511 |
| Occidental Petroleum Corp. | 57978 | 3652034 |
| ONEOK Inc. | 35093 | 2305610 |
| Phillips 66 | 37900 | 3944632 |
| Pioneer Natural Resources Co. | 18870 | 4309719 |
| Schlumberger Ltd. | 111531 | 5962447 |

---

#### 10

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Energy - 5.2% (continued)** |  |  |
| Targa Resources Corp. | 18543 | 1362910 |
| The Williams Companies | 96700 | 3181430 |
| Valero Energy Corp. | 30756 | 3901706 |
|  |  | **133906509** |
| **Food & Staples Retailing - 1.5%** |  |  |
| Costco Wholesale Corp. | 35168 | 16054192 |
| Sysco Corp. | 40800 | 3119160 |
| The Kroger Company | 51786 | 2308620 |
| Walgreens Boots Alliance Inc. | 57222 | 2137814 |
| Walmart Inc. | 112723 | 15982994 |
|  |  | **39602780** |
| **Food, Beverage & Tobacco - 3.9%** |  |  |
| Altria Group Inc. | 143910 | 6578126 |
| Archer-Daniels-Midland Co. | 44535 | 4135075 |
| Brown-Forman Corp., Cl. B | 14193 | 932196 |
| Campbell Soup Co. | 15344 | 870772 |
| Conagra Brands Inc. | 37016 | 1432519 |
| Constellation Brands Inc., Cl. A | 12941 | 2999077 |
| General Mills Inc. | 47384 | 3973148 |
| Hormel Foods Corp. | 21836 | 994630 |
| Kellogg Co. | 20917 | 1490127 |
| Keurig Dr. Pepper Inc. | 65818 | 2347070 |
| Lamb Weston Holdings Inc. | 11136 | 995113 |
| McCormick & Co. | 19484 | 1615029 |
| Molson Coors Beverage Co., Cl. B | 16331 | 841373 |
| Mondelez International Inc., Cl. A | 109888 | 7324035 |
| Monster Beverage Corp. | 30467<br> <sup>a</sup>  | 3093315 |
| PepsiCo Inc. | 109813 | 19838817 |
| Philip Morris International Inc. | 122872 | 12435875 |
| The Coca-Cola Company | 310572 | 19755485 |
| The Hershey Company | 11465 | 2654950 |
| The J.M. Smucker Company | 8924 | 1414097 |
| The Kraft Heinz Company | 62673 | 2551418 |
| Tyson Foods Inc., Cl. A | 23225 | 1445756 |
|  |  | **99718003** |
| **Health Care Equipment & Services - 6.4%** |  |  |
| Abbott Laboratories | 139284 | 15291990 |
| Align Technology Inc. | 5705<br> <sup>a</sup>  | 1203185 |
| AmerisourceBergen Corp. | 12766 | 2115454 |
| Baxter International Inc. | 39855 | 2031409 |
| Becton Dickinson and Co. | 22547 | 5733702 |
| Boston Scientific Corp. | 113443<br> <sup>a</sup>  | 5249008 |
| Cardinal Health Inc. | 21075 | 1620035 |

---

#### 11
*STATEMENT OF INVESTMENTS (continued)*

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Health Care Equipment & Services - 6.4% (continued)** |  |  |
| Centene Corp. | 45513<br> <sup>a</sup>  | 3732521 |
| Cigna Corp. | 24318 | 8057526 |
| CVS Health Corp. | 104761 | 9762678 |
| DaVita Inc. | 4538<br> <sup>a</sup>  | 338852 |
| Dentsply Sirona Inc. | 17770 | 565797 |
| DexCom Inc. | 30888<br> <sup>a</sup>  | 3497757 |
| Edwards Lifesciences Corp. | 49012<br> <sup>a</sup>  | 3656785 |
| Elevance Health Inc. | 19095 | 9795162 |
| HCA Healthcare Inc. | 17095 | 4102116 |
| Henry Schein Inc. | 11338<br> <sup>a</sup>  | 905566 |
| Hologic Inc. | 19767<br> <sup>a</sup>  | 1478769 |
| Humana Inc. | 10044 | 5144436 |
| IDEXX Laboratories Inc. | 6627<br> <sup>a</sup>  | 2703551 |
| Intuitive Surgical Inc. | 28110<br> <sup>a</sup>  | 7458988 |
| Laboratory Corp. of America Holdings | 7100 | 1671908 |
| McKesson Corp. | 11290 | 4235105 |
| Medtronic PLC | 106013 | 8239330 |
| Molina Healthcare Inc. | 4612<br> <sup>a</sup>  | 1522975 |
| Quest Diagnostics Inc. | 9528 | 1490560 |
| ResMed Inc. | 11586 | 2411394 |
| Steris PLC | 7849 | 1449632 |
| Stryker Corp. | 26894 | 6575314 |
| Teleflex Inc. | 3699 | 923381 |
| The Cooper Companies | 4022 | 1329955 |
| UnitedHealth Group Inc. | 74519 | 39508483 |
| Universal Health Services Inc., Cl. B | 5136 | 723611 |
| Zimmer Biomet Holdings Inc. | 16480 | 2101200 |
|  |  | **166628135** |
| **Household & Personal Products - 1.7%** |  |  |
| Church & Dwight Co. | 18782 | 1514017 |
| Colgate-Palmolive Co. | 66197 | 5215662 |
| Kimberly-Clark Corp. | 26812 | 3639729 |
| The Clorox Company | 9600 | 1347168 |
| The Estee Lauder Companies, Cl. A | 18571 | 4607651 |
| The Procter & Gamble Company | 189432 | 28710314 |
|  |  | **45034541** |
| **Insurance - 2.4%** |  |  |
| Aflac Inc. | 45988 | 3308377 |
| American International Group Inc. | 59642 | 3771760 |
| Aon PLC, Cl. A | 16564 | 4971519 |
| Arch Capital Group Ltd. | 29305<br> <sup>a</sup>  | 1839768 |
| Arthur J. Gallagher & Co. | 17119 | 3227616 |
| Assurant Inc. | 4482 | 560519 |

---

#### 12

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Insurance - 2.4% (continued)** |  |  |
| Brown & Brown Inc. | 18041 | 1027796 |
| Chubb Ltd. | 33068 | 7294801 |
| Cincinnati Financial Corp. | 12484 | 1278237 |
| Everest Re Group Ltd. | 3053 | 1011367 |
| Globe Life Inc. | 7089 | 854579 |
| Lincoln National Corp. | 12499 | 383969 |
| Loews Corp. | 15461 | 901840 |
| Marsh & McLennan Cos. | 39768 | 6580809 |
| MetLife Inc. | 53528 | 3873821 |
| Principal Financial Group Inc. | 18246 | 1531204 |
| Prudential Financial Inc. | 29775 | 2961421 |
| The Allstate Corp. | 21334 | 2892890 |
| The Hartford Financial Services Group Inc. | 25597 | 1941021 |
| The Progressive Corp. | 46363 | 6013745 |
| The Travelers Companies | 18554 | 3478689 |
| W.R. Berkley Corp. | 16544 | 1200598 |
| Willis Towers Watson PLC | 8856 | 2166000 |
|  |  | **63072346** |
| **Materials - 2.7%** |  |  |
| Air Products & Chemicals Inc. | 17607 | 5427534 |
| Albemarle Corp. | 9210 | 1997281 |
| Amcor PLC | 118442 | 1410644 |
| Avery Dennison Corp. | 6467 | 1170527 |
| Ball Corp. | 25815 | 1320179 |
| Celanese Corp. | 7745 | 791849 |
| CF Industries Holdings Inc. | 15757 | 1342496 |
| Corteva Inc. | 56393 | 3314781 |
| Dow Inc. | 56171 | 2830457 |
| DuPont de Nemours Inc. | 40549 | 2782878 |
| Eastman Chemical Co. | 10190 | 829874 |
| Ecolab Inc. | 19679 | 2864475 |
| FMC Corp. | 9951 | 1241885 |
| Freeport-McMoRan Inc. | 114863 | 4364794 |
| International Flavors & Fragrances Inc. | 19819 | 2077824 |
| International Paper Co. | 27725 | 960117 |
| Linde PLC | 39588 | 12912814 |
| LyondellBasell Industries NV, Cl. A | 19738 | 1638846 |
| Martin Marietta Materials Inc. | 4900 | 1656053 |
| Newmont Corp. | 63765 | 3009708 |
| Nucor Corp. | 20117 | 2651622 |
| Packaging Corp. of America | 7501 | 959453 |
| PPG Industries Inc. | 18905 | 2377115 |

---

#### 13
*STATEMENT OF INVESTMENTS (continued)*

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Materials - 2.7% (continued)** |  |  |
| Sealed Air Corp. | 12393 | 618163 |
| Steel Dynamics Inc. | 12042 | 1176503 |
| The Mosaic Company | 28462 | 1248628 |
| The Sherwin-Williams Company | 19002 | 4509745 |
| Vulcan Materials Co. | 10188 | 1784021 |
| WestRock Co. | 20638 | 725632 |
|  |  | **69995898** |
| **Media & Entertainment - 6.0%** |  |  |
| Activision Blizzard Inc. | 56519 | 4326529 |
| Alphabet Inc., Cl. A | 476052<br> <sup>a</sup>  | 42002068 |
| Alphabet Inc., Cl. C | 422449<br> <sup>a</sup>  | 37483900 |
| Charter Communications Inc., Cl. A | 8618<br> <sup>a</sup>  | 2922364 |
| Comcast Corp., Cl. A | 345328 | 12076120 |
| DISH Network Corp., Cl. A | 19954<br> <sup>a</sup>  | 280154 |
| Electronic Arts Inc. | 20948 | 2559427 |
| Fox Corp., Cl. A | 24354 | 739631 |
| Fox Corp., Cl. B | 10639 | 302680 |
| Live Nation Entertainment Inc. | 10512<br> <sup>a</sup>  | 733107 |
| Match Group Inc. | 22232<br> <sup>a</sup>  | 922406 |
| Meta Platforms Inc., Cl. A | 179369<br> <sup>a</sup>  | 21585265 |
| Netflix Inc. | 35501<br> <sup>a</sup>  | 10468535 |
| News Corporation, Cl. A | 29712 | 540758 |
| News Corporation, Cl. B | 9399<br> <sup>b</sup>  | 173318 |
| Omnicom Group Inc. | 16422 | 1339543 |
| Paramount Global, Cl. B | 40076<br> <sup>b</sup>  | 676483 |
| Take-Two Interactive Software Inc. | 12743<br> <sup>a</sup>  | 1326929 |
| The Interpublic Group of Companies | 30460 | 1014623 |
| The Walt Disney Company | 145631<br> <sup>a</sup>  | 12652421 |
| Warner Bros Discovery Inc. | 176015<br> <sup>a</sup>  | 1668622 |
|  |  | **155794883** |
| **Pharmaceuticals Biotechnology & Life Sciences - 9.2%** |  |  |
| AbbVie Inc. | 141108 | 22804464 |
| Agilent Technologies Inc. | 23563 | 3526203 |
| Amgen Inc. | 42597 | 11187676 |
| Biogen Inc. | 11469<br> <sup>a</sup>  | 3175995 |
| Bio-Rad Laboratories Inc., Cl. A | 1669<br> <sup>a</sup>  | 701798 |
| Bio-Techne Corp. | 11768 | 975332 |
| Bristol-Myers Squibb Co. | 169567 | 12200346 |
| Catalent Inc. | 14373<br> <sup>a</sup>  | 646929 |
| Charles River Laboratories International Inc. | 3935<br> <sup>a</sup>  | 857437 |
| Danaher Corp. | 52102 | 13828913 |
| Eli Lilly & Co. | 62921 | 23019019 |

---

#### 14

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Pharmaceuticals Biotechnology & Life Sciences - 9.2% (continued)** |  |  |
| Gilead Sciences Inc. | 100009 | 8585773 |
| Illumina Inc. | 12423<br> <sup>a</sup>  | 2511931 |
| Incyte Corp. | 14448<br> <sup>a</sup>  | 1160463 |
| IQVIA Holdings Inc. | 14925<br> <sup>a</sup>  | 3057983 |
| Johnson & Johnson | 208726 | 36871448 |
| Merck & Co. | 202244 | 22438972 |
| Mettler-Toledo International Inc. | 1781<br> <sup>a</sup>  | 2574346 |
| Moderna Inc. | 26374<br> <sup>a</sup>  | 4737298 |
| Organon & Co. | 21753 | 607561 |
| PerkinElmer Inc. | 10155 | 1423934 |
| Pfizer Inc. | 447820 | 22946297 |
| Regeneron Pharmaceuticals Inc. | 8574<br> <sup>a</sup>  | 6186055 |
| Thermo Fisher Scientific Inc. | 31354 | 17266334 |
| Vertex Pharmaceuticals Inc. | 20394<br> <sup>a</sup>  | 5889379 |
| Viatris Inc. | 94185 | 1048279 |
| Waters Corp. | 4920<br> <sup>a</sup>  | 1685494 |
| West Pharmaceutical Services Inc. | 5883 | 1384564 |
| Zoetis Inc. | 37265 | 5461186 |
|  |  | **238761409** |
| **Real Estate - 2.7%** |  |  |
| Alexandria Real Estate Equities Inc. | 11683<br> <sup>c</sup>  | 1701863 |
| American Tower Corp. | 37201<br> <sup>c</sup>  | 7881404 |
| AvalonBay Communities Inc. | 11111<br> <sup>c</sup>  | 1794649 |
| Boston Properties Inc. | 11053<br> <sup>c</sup>  | 746962 |
| Camden Property Trust | 8017<br> <sup>c</sup>  | 896942 |
| CBRE Group Inc., Cl. A | 25846<br> <sup>a</sup>  | 1989108 |
| Crown Castle Inc. | 34890<br> <sup>c</sup>  | 4732480 |
| Digital Realty Trust Inc. | 23300<br> <sup>c</sup>  | 2336291 |
| Equinix Inc. | 7383<br> <sup>c</sup>  | 4836086 |
| Equity Residential | 27097<br> <sup>c</sup>  | 1598723 |
| Essex Property Trust Inc. | 4951<br> <sup>c</sup>  | 1049216 |
| Extra Space Storage Inc. | 10548<br> <sup>c</sup>  | 1552455 |
| Federal Realty Investment Trust | 5635<br> <sup>c</sup>  | 569360 |
| Healthpeak Properties Inc. | 43938<br> <sup>c</sup>  | 1101526 |
| Host Hotels & Resorts Inc. | 55140<br> <sup>c</sup>  | 884997 |
| Invitation Homes Inc. | 45273<br> <sup>c</sup>  | 1341892 |
| Iron Mountain Inc. | 23793<br> <sup>c</sup>  | 1186081 |
| Kimco Realty Corp. | 51034<br> <sup>c</sup>  | 1080900 |
| Mid-America Apartment Communities Inc. | 9135<br> <sup>c</sup>  | 1434104 |
| Prologis Inc. | 73711<br> <sup>c</sup>  | 8309441 |
| Public Storage | 12633<br> <sup>c</sup>  | 3539640 |

---

#### 15
*STATEMENT OF INVESTMENTS (continued)*

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares |  | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |  |
| **Real Estate - 2.7% (continued)** |  |  |  |
| Realty Income Corp. | 50270 | <sup>c</sup>  | 3188626 |
| Regency Centers Corp. | 12679 | <sup>c</sup>  | 792438 |
| SBA Communications Corp. | 8459 | <sup>c</sup>  | 2371142 |
| Simon Property Group Inc. | 26230 | <sup>c</sup>  | 3081500 |
| UDR Inc. | 23607 | <sup>c</sup>  | 914299 |
| Ventas Inc. | 32563 | <sup>c</sup>  | 1466963 |
| VICI Properties Inc. | 79155 | <sup>b,c</sup>  | 2564622 |
| Vornado Realty Trust | 13611 | <sup>b,c</sup>  | 283245 |
| Welltower Inc. | 37816 | <sup>c</sup>  | 2478839 |
| Weyerhaeuser Co. | 59001 | <sup>c</sup>  | 1829031 |
|  |  |  | **69534825** |
| **Retailing - 5.4%** |  |  |  |
| Advance Auto Parts Inc. | 4966 |  | 730151 |
| Amazon.com Inc. | 708184 | <sup>a</sup>  | 59487456 |
| AutoZone Inc. | 1526 | <sup>a</sup>  | 3763391 |
| Bath & Body Works Inc. | 17962 |  | 756919 |
| Best Buy Co. | 15469 |  | 1240768 |
| CarMax Inc. | 12714 | <sup>a</sup>  | 774155 |
| Dollar General Corp. | 17728 |  | 4365520 |
| Dollar Tree Inc. | 16697 | <sup>a</sup>  | 2361624 |
| eBay Inc. | 43702 |  | 1812322 |
| Etsy Inc. | 10149 | <sup>a</sup>  | 1215647 |
| Genuine Parts Co. | 11238 |  | 1949905 |
| LKQ Corp. | 19977 |  | 1066972 |
| Lowe's Cos. | 49629 |  | 9888082 |
| O'Reilly Automotive Inc. | 4977 | <sup>a</sup>  | 4200737 |
| Pool Corp. | 3056 |  | 923920 |
| Ross Stores Inc. | 27617 |  | 3205505 |
| Target Corp. | 36481 |  | 5437128 |
| The Home Depot Inc. | 81738 |  | 25817765 |
| The TJX Companies | 92009 |  | 7323916 |
| Tractor Supply Co. | 9012 |  | 2027430 |
| Ulta Beauty Inc. | 4157 | <sup>a</sup>  | 1949924 |
|  |  |  | **140299237** |
| **Semiconductors & Semiconductor Equipment - 5.0%** |  |  |  |
| Advanced Micro Devices Inc. | 129158 | <sup>a</sup>  | 8365564 |
| Analog Devices Inc. | 41484 |  | 6804621 |
| Applied Materials Inc. | 68838 |  | 6703444 |
| Broadcom Inc. | 32261 |  | 18038093 |
| Enphase Energy Inc. | 10709 | <sup>a</sup>  | 2837457 |
| First Solar Inc. | 7920 | <sup>a</sup>  | 1186337 |
| Intel Corp. | 328777 |  | 8689576 |
| KLA Corp. | 11172 |  | 4212179 |

---

#### 16

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Semiconductors & Semiconductor Equipment - 5.0% (continued)** |  |  |
| Lam Research Corp. | 10842 | 4556893 |
| Microchip Technology Inc. | 43700 | 3069925 |
| Micron Technology Inc. | 86319 | 4314224 |
| Monolithic Power Systems Inc. | 3494 | 1235513 |
| NVIDIA Corp. | 198821 | 29055701 |
| NXP Semiconductors NV | 20702 | 3271537 |
| ON Semiconductor Corp. | 33711<br> <sup>a</sup>  | 2102555 |
| Qorvo Inc. | 8661<br> <sup>a</sup>  | 785033 |
| Qualcomm Inc. | 88991 | 9783671 |
| Skyworks Solutions Inc. | 13030 | 1187424 |
| SolarEdge Technologies Inc. | 4400<br> <sup>a</sup>  | 1246388 |
| Teradyne Inc. | 12995 | 1135113 |
| Texas Instruments Inc. | 72201 | 11929049 |
|  |  | **130510297** |
| **Software & Services - 12.7%** |  |  |
| Accenture PLC, Cl. A | 50179 | 13389764 |
| Adobe Inc. | 37245<br> <sup>a</sup>  | 12534060 |
| Akamai Technologies Inc. | 12149<br> <sup>a</sup>  | 1024161 |
| Ansys Inc. | 6789<br> <sup>a</sup>  | 1640155 |
| Autodesk Inc. | 17217<br> <sup>a</sup>  | 3217341 |
| Automatic Data Processing Inc. | 33159 | 7920359 |
| Broadridge Financial Solutions Inc. | 9084 | 1218437 |
| Cadence Design Systems Inc. | 22088<br> <sup>a</sup>  | 3548216 |
| Ceridian HCM Holding Inc. | 12225<br> <sup>a</sup>  | 784234 |
| Cognizant Technology Solutions Corp., Cl. A | 40842 | 2335754 |
| DXC Technology Co. | 17969<br> <sup>a</sup>  | 476179 |
| EPAM Systems Inc. | 4511<br> <sup>a</sup>  | 1478435 |
| Fidelity National Information Services Inc. | 47955 | 3253747 |
| Fiserv Inc. | 50742<br> <sup>a</sup>  | 5128494 |
| FLEETCOR Technologies Inc. | 6131<br> <sup>a</sup>  | 1126142 |
| Fortinet Inc. | 52023<br> <sup>a</sup>  | 2543404 |
| Gartner Inc. | 6480<br> <sup>a</sup>  | 2178187 |
| Gen Digital Inc. | 45004 | 964436 |
| Global Payments Inc. | 22054 | 2190403 |
| International Business Machines Corp. | 71924 | 10133372 |
| Intuit Inc. | 22615 | 8802210 |
| Jack Henry & Associates Inc. | 6029 | 1058451 |
| Mastercard Inc., Cl. A | 67790 | 23572617 |
| Microsoft Corp. | 594649 | 142608723 |
| Oracle Corp. | 122593 | 10020752 |
| Paychex Inc. | 25534 | 2950709 |

---

#### 17
*STATEMENT OF INVESTMENTS (continued)*

---

| | | |
|:---|:---|:---|
| Description | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |
| **Software & Services - 12.7% (continued)** |  |  |
| Paycom Software Inc. | 3782<br> <sup>a</sup>  | 1173592 |
| PayPal Holdings Inc. | 91123<br> <sup>a</sup>  | 6489780 |
| PTC Inc. | 7994<br> <sup>a</sup>  | 959600 |
| Roper Technologies Inc. | 8412 | 3634741 |
| Salesforce Inc. | 80029<br> <sup>a</sup>  | 10611045 |
| ServiceNow Inc. | 16072<br> <sup>a</sup>  | 6240275 |
| Synopsys Inc. | 12137<br> <sup>a</sup>  | 3875223 |
| Tyler Technologies Inc. | 3209<br> <sup>a</sup>  | 1034614 |
| Verisign Inc. | 7661<br> <sup>a</sup>  | 1573876 |
| Visa Inc., Cl. A | 130315<br> <sup>b</sup>  | 27074244 |
|  |  | **328765732** |
| **Technology Hardware & Equipment - 7.7%** |  |  |
| Amphenol Corp., Cl. A | 47734 | 3634467 |
| Apple Inc. | 1192327 | 154919047 |
| Arista Networks Inc. | 19430<br> <sup>a</sup>  | 2357830 |
| CDW Corp. | 10689 | 1908842 |
| Cisco Systems Inc. | 328195 | 15635210 |
| Corning Inc. | 61150 | 1953131 |
| F5 Inc. | 4423<br> <sup>a</sup>  | 634745 |
| Hewlett Packard Enterprise Co. | 106636 | 1701911 |
| HP Inc. | 71463 | 1920211 |
| Juniper Networks Inc. | 24841 | 793918 |
| Keysight Technologies Inc. | 14668<br> <sup>a</sup>  | 2509255 |
| Motorola Solutions Inc. | 13132 | 3384248 |
| NetApp Inc. | 18260 | 1096696 |
| Seagate Technology Holdings PLC | 15925 | 837814 |
| TE Connectivity Ltd. | 25585 | 2937158 |
| Teledyne Technologies Inc. | 3644<br> <sup>a</sup>  | 1457272 |
| Trimble Inc. | 19996<br> <sup>a</sup>  | 1010998 |
| Western Digital Corp. | 23826<br> <sup>a</sup>  | 751710 |
| Zebra Technologies Corp., Cl. A | 4251<br> <sup>a</sup>  | 1089999 |
|  |  | **200534462** |
| **Telecommunication Services - 1.2%** |  |  |
| AT&T Inc. | 568274 | 10461924 |
| Lumen Technologies Inc. | 77089 | 402405 |
| T-Mobile US Inc. | 47906<br> <sup>a</sup>  | 6706840 |
| Verizon Communications Inc. | 334355 | 13173587 |
|  |  | **30744756** |
| **Transportation - 1.7%** |  |  |
| Alaska Air Group Inc. | 9367<br> <sup>a</sup>  | 402219 |
| American Airlines Group Inc. | 50066<br> <sup>a</sup>  | 636840 |
| C.H. Robinson Worldwide Inc. | 9622 | 880990 |
| CSX Corp. | 167957 | 5203308 |

---

#### 18

---

| | | | |
|:---|:---|:---|:---|
| Description | Shares |  | Value ($) |
| **Common Stocks - 98.9% (continued)** |  |  |  |
| **Transportation - 1.7% (continued)** |  |  |  |
| Delta Air Lines Inc. | 50184 | <sup>a</sup>  | 1649046 |
| Expeditors International of Washington Inc. | 12646 |  | 1314172 |
| FedEx Corp. | 19092 |  | 3306734 |
| J.B. Hunt Transport Services Inc. | 6542 |  | 1140663 |
| Norfolk Southern Corp. | 18559 |  | 4573309 |
| Old Dominion Freight Line Inc. | 7198 |  | 2042648 |
| Southwest Airlines Co. | 46719 |  | 1573029 |
| Union Pacific Corp. | 49010 |  | 10148501 |
| United Airlines Holdings Inc. | 25858 | <sup>a</sup>  | 974847 |
| United Parcel Service Inc., Cl. B | 57896 |  | 10064641 |
|  |  |  | **43910947** |
| **Utilities - 3.2%** |  |  |  |
| Alliant Energy Corp. | 19357 |  | 1068700 |
| Ameren Corp. | 20446 |  | 1818058 |
| American Electric Power Co. | 40671 |  | 3861711 |
| American Water Works Co. | 14438 |  | 2200640 |
| Atmos Energy Corp. | 10784 |  | 1208563 |
| CenterPoint Energy Inc. | 50093 |  | 1502289 |
| CMS Energy Corp. | 22562 |  | 1428851 |
| Consolidated Edison Inc. | 28221 |  | 2689744 |
| Constellation Energy Corp. | 26012 |  | 2242495 |
| Dominion Energy Inc. | 66228 |  | 4061101 |
| DTE Energy Co. | 15909 |  | 1869785 |
| Duke Energy Corp. | 61973 |  | 6382599 |
| Edison International | 30410 |  | 1934684 |
| Entergy Corp. | 15698 |  | 1766025 |
| Evergy Inc. | 17768 |  | 1118140 |
| Eversource Energy | 27127 |  | 2274328 |
| Exelon Corp. | 78029 |  | 3373194 |
| FirstEnergy Corp. | 44412 |  | 1862639 |
| NextEra Energy Inc. | 159125 |  | 13302850 |
| NiSource Inc. | 30322 |  | 831429 |
| NRG Energy Inc. | 18788 |  | 597834 |
| PG&E Corp. | 128898 | <sup>a,b</sup>  | 2095881 |
| Pinnacle West Capital Corp. | 9773 |  | 743139 |
| PPL Corp. | 59144 |  | 1728188 |
| Public Service Enterprise Group Inc. | 40233 |  | 2465076 |
| Sempra Energy | 25022 |  | 3866900 |
| The AES Corp. | 52964 |  | 1523245 |
| The Southern Company | 87598 |  | 6255373 |
| WEC Energy Group Inc. | 24899 |  | 2334530 |

---

#### 19
*STATEMENT OF INVESTMENTS (continued)*

---

| | | | |
|:---|:---|:---|:---|
| Description |  | Shares | Value ($) |
| **Common Stocks - 98.9% (continued)** | **Common Stocks - 98.9% (continued)** |  |  |
| **Utilities - 3.2% (continued)** | **Utilities - 3.2% (continued)** |  |  |
| Xcel Energy Inc. |  | 44293 | 3105382 |
|  |  |  | **81513373** |
| **Total Common Stocks** (cost $713,517,129) | **Total Common Stocks** (cost $713,517,129) |  | **2562789024** |
|  | 1-Day<br>Yield (%) |  |  |
| **Investment Companies - 1.0%**  | **Investment Companies - 1.0%**  |  |  |
| **Registered Investment Companies - 1.0%** | **Registered Investment Companies - 1.0%** |  |  |
| Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares<br>(cost $25,041,446) | 4.37 | 25041446<br> <sup>d</sup>  | **25041446** |
| **Investment of Cash Collateral for Securities Loaned - .0%**  | **Investment of Cash Collateral for Securities Loaned - .0%**  |  |  |
| **Registered Investment Companies - .0%** | **Registered Investment Companies - .0%** |  |  |
| Dreyfus Institutional Preferred Government Plus Money Market Fund, SL Shares<br>(cost $684,394) | 4.37 | 684394<br> <sup>d</sup>  | **684394** |
| **Total Investments** (cost $739,242,969) | **Total Investments** (cost $739,242,969) | **99.9%** | **2588514864** |
| **Cash and Receivables (Net)** | **Cash and Receivables (Net)** | **.1%** | **2650715** |
| **Net Assets** | **Net Assets** | **100.0%** | **2591165579** |

---

*<sup>a</sup> Non-income producing security.*

*<sup>b</sup> Security, or portion thereof, on loan. At December 31, 2022, the value of the fund's securities on loan was $34,681,274 and the value of the collateral was $35,456,607, consisting of cash collateral of $684,394 and U.S. Government & Agency securities valued at $34,772,213. In addition, the value of collateral may include pending sales that are also on loan.*

*<sup>c</sup> Investment in real estate investment trust within the United States.*

*<sup>d</sup> Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company's prospectus.*

---

| | |
|:---|:---|
| Portfolio Summary (Unaudited) <sup>†</sup> | Value (%) |
| Information Technology | 25.5 |
| Health Care | 15.6 |
| Financials | 11.5 |
| Consumer Discretionary | 9.7 |
| Industrials | 8.6 |
| Communication Services | 7.2 |
| Consumer Staples | 7.1 |
| Energy | 5.2 |
| Utilities | 3.1 |
| Materials | 2.7 |
| Real Estate | 2.7 |
| Investment Companies | 1.0 |
|  | 99.9 |

---

*<sup>†</sup> Based on net assets.*

*See notes to financial statements.*

#### 20

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Issuers** | **Affiliated Issuers** | **Affiliated Issuers** | **Affiliated Issuers** |  |  |  |
| Description | Value ($) 12/31/2021 | Purchases ($)<sup>†</sup> | Sales ($) | Value ($) 12/31/2022 | Dividends/<br>Distributions ($) |  |
| **Registered Investment Companies - 1.0%** | **Registered Investment Companies - 1.0%** | **Registered Investment Companies - 1.0%** | **Registered Investment Companies - 1.0%** | **Registered Investment Companies - 1.0%** |  |  |
| Dreyfus Institutional Preferred Government Plus Money Market Fund, Institutional Shares - 1.0% | 13913417 | 381532302 | (370404273) | 25041446 | 340031 |  |
| **Investment of Cash Collateral for Securities Loaned - .0%** | **Investment of Cash Collateral for Securities Loaned - .0%** | **Investment of Cash Collateral for Securities Loaned - .0%** | **Investment of Cash Collateral for Securities Loaned - .0%** | **Investment of Cash Collateral for Securities Loaned - .0%** |  |  |
| Dreyfus Institutional Preferred Government Plus Money Market Fund, SL Shares - .0% | 298650 | 32972496 | (32586752) | 684394 | 53090 | <sup>††</sup>  |
| **Total - 1.0%** | **14212067** | **414504798** | **(402991025)** | **25725840** | **393121** |  |

---

*<sup>†</sup> Includes reinvested dividends/distributions.*

*<sup>††</sup> Represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.*

*See notes to financial statements.*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures** | **Futures** | **Futures** | **Futures** |  |  |
| Description | Number of<br>Contracts | Expiration  | Notional<br>Value ($) | Market<br>Value ($) | Unrealized (Depreciation) ($) |
| **Futures Long** | **Futures Long** | **Futures Long** | **Futures Long** | **Futures Long** |  |
| Standard & Poor's 500 E-mini | 145 | 3/17/2023 | 28595959 | 27992250 | (603709) |
| **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** |  | **(603709)** | **(603709)** |

---

*See notes to financial statements.*

#### 21
STATEMENT OF ASSETS AND LIABILITIES<br> December 31, 2022

---

| | | |
|:---|:---|:---|
|  | Cost | Value |
| **Assets ($):**  |  |  |
| Investments in securities—See Statement of Investments <br> (including securities on loan, valued at $34,681,274)—Note 1(c): | Investments in securities—See Statement of Investments <br> (including securities on loan, valued at $34,681,274)—Note 1(c): |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaffiliated issuers | 713517129  | 2562789024  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Affiliated issuers | 25725840  | 25725840  |
| Dividends and securities lending income receivable | Dividends and securities lending income receivable | 2318856  |
| Cash collateral held by broker—Note 4 | Cash collateral held by broker—Note 4 | 1600000  |
| Receivable for shares of Common Stock subscribed | Receivable for shares of Common Stock subscribed | 757611  |
| Prepaid expenses |  | 12310  |
|  |  | **2593203641**  |
| **Liabilities ($):** |  |  |
| Due to BNY Mellon Investment Adviser, Inc. and affiliates—Note 3(c) | Due to BNY Mellon Investment Adviser, Inc. and affiliates—Note 3(c) | 569840  |
| Cash overdraft due to Custodian |  | 160003  |
| Liability for securities on loan—Note 1(c) | Liability for securities on loan—Note 1(c) | 684394  |
| Payable for shares of Common Stock redeemed | Payable for shares of Common Stock redeemed | 354646  |
| Payable for futures variation margin—Note 4 | Payable for futures variation margin—Note 4 | 72533  |
| Directors' fees and expenses payable | Directors' fees and expenses payable | 25603  |
| Other accrued expenses |  | 171043  |
|  |  | **2038062**  |
| **Net Assets ($)** |  | **2591165579**  |
| **Composition of Net Assets ($):** |  |  |
| Paid-in capital  |  | 661928697  |
| Total distributable earnings (loss) |  | 1929236882  |
| **Net Assets ($)** |  | **2591165579**  |

---

---

| | | |
|:---|:---|:---|
| **Net Asset Value Per Share** | Initial Shares | Service Shares |
| Net Assets ($) | 2540044972  | 51120607  |
| Shares Outstanding | 43936503  | 881896  |
| **Net Asset Value Per Share ($)** | 57.81 | 57.97 |
| *See notes to financial statements.* |  |  |

---

#### 22
STATEMENT OF OPERATIONS<br> Year Ended December 31, 2022

---

| | |
|:---|:---|
| **Investment Income ($):** |  |
| **Income:** |  |
| Cash dividends (net of $10,882 foreign taxes withheld at source): | Cash dividends (net of $10,882 foreign taxes withheld at source): |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaffiliated issuers | 44929713  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated issuers | 340031  |
| Income from securities lending—Note 1(c) | 53090  |
| **Total Income** | **45322834**  |
| **Expenses:** |  |
| Management fee—Note 3(a) | 6878632  |
| Directors' fees and expenses—Note 3(d) | 195243  |
| Distribution fees—Note 3(b) | 142295  |
| Professional fees | 87220  |
| Loan commitment fees—Note 2 | 45048  |
| Prospectus and shareholders' reports | 44349  |
| Chief Compliance Officer fees—Note 3(c) | 17082  |
| Shareholder servicing costs—Note 3(c) | 11494  |
| Interest expense—Note 2 | 2182  |
| Miscellaneous | 147135  |
| **Total Expenses** | **7570680**  |
| Less—reduction in fees due to earnings credits—Note 3(c) | (154) |
| **Net Expenses** | **7570526**  |
| **Net Investment Income** | **37752308**  |
| **Realized and Unrealized Gain (Loss) on Investments—Note 4 ($):** |  |
| Net realized gain (loss) on investments | 106710156  |
| Net realized gain (loss) on futures | (3422181) |
| **Net Realized Gain (Loss)** | **103287975**  |
| Net change in unrealized appreciation (depreciation) on investments | (739923095) |
| Net change in unrealized appreciation (depreciation) on futures | (891340) |
| **Net Change in Unrealized Appreciation (Depreciation)** | **(740814435)** |
| **Net Realized and Unrealized Gain (Loss) on Investments** | **(637526460)** |
| **Net (Decrease) in Net Assets Resulting from Operations** | **(599774152)** |
| *See notes to financial statements.* |  |

---

#### 23
STATEMENT OF CHANGES IN NET ASSETS

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Year Ended December 31,  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Year Ended December 31,  |
|  | 2022 | 2021 |
| **Operations ($):** |  |  |
| Net investment income | 37752308  | 35960689  |
| Net realized gain (loss) on investments | 103287975  | 244929759  |
| Net change in unrealized appreciation <br> (depreciation) on investments | (740814435) | 515035577  |
| **Net Increase (Decrease) in Net Assets <br> Resulting from Operations** | **(599774152)** | **795926025**  |
| **Distributions ($):** | **Distributions ($):** | **Distributions ($):** |
| Distributions to shareholders: |  |  |
| Initial Shares | (272332432) | (165835297) |
| Service Shares | (5530339) | (10649916) |
| **Total Distributions** | **(277862771)** | **(176485213)** |
| **Capital Stock Transactions ($):** | **Capital Stock Transactions ($):** | **Capital Stock Transactions ($):** |
| Net proceeds from shares sold: |  |  |
| Initial Shares | 401040791  | 361901511  |
| Service Shares | 3140416  | 1664847  |
| Distributions reinvested: |  |  |
| Initial Shares | 272332432  | 165835297  |
| Service Shares | 5530339  | 10649916  |
| Cost of shares redeemed: |  |  |
| Initial Shares | (546336348) | (555803244) |
| Service Shares | (8399685) | (176299575) |
| **Increase (Decrease) in Net Assets <br> from Capital Stock Transactions** | **127307945**  | **(192051248)** |
| **Total Increase (Decrease) in Net Assets** | **(750328978)** | **427389564**  |
| **Net Assets ($):** | **Net Assets ($):** | **Net Assets ($):** |
| Beginning of Period | 3341494557  | 2914104993  |
| **End of Period** | **2591165579**  | **3341494557**  |
| **Capital Share Transactions (Shares):** | **Capital Share Transactions (Shares):** | **Capital Share Transactions (Shares):** |
| **Initial Shares** |  |  |
| Shares sold | 6250717  | 5234761  |
| Shares issued for distributions reinvested | 4077795  | 2513684  |
| Shares redeemed | (8450366) | (7986642) |
| **Net Increase (Decrease) in Shares Outstanding** | **1878146**  | **(238197)** |
| **Service Shares** |  |  |
| Shares sold | 47117  | 23886  |
| Shares issued for distributions reinvested | 82290  | 162645  |
| Shares redeemed | (129507) | (2346881) |
| **Net Increase (Decrease) in Shares Outstanding** | (100) | **(2160350)** |
| *See notes to financial statements.* |  |  |

---

#### 24
FINANCIAL HIGHLIGHTS

The following tables describe the performance for each share class for the fiscal periods indicated. All information (except portfolio turnover rate) reflects financial results for a single fund share. Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. The fund's total returns do not reflect expenses associated with variable annuity or insurance contracts. These figures have been derived from the fund's financial statements.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Year Ended December 31, | Year Ended December 31, | Year Ended December 31, | Year Ended December 31, | Year Ended December 31, |
| **Initial Shares** | 2022 | 2021 | 2020 | 2019 | 2018 |
| **Per Share Data ($):** |  |  |  |  |  |
| Net asset value, <br>beginning of period | 77.81 | 64.27 | 59.95 | 48.98 | 53.48 |
| Investment Operations: |  |  |  |  |  |
| Net investment income<sup>a</sup> | .85 | .80 | .88 | .96 | .89 |
| Net realized and unrealized <br>gain (loss) on investments | (14.27) | 16.71 | 8.01 | 13.79 | (3.27) |
| Total from <br>Investment Operations | (13.42) | 17.51 | 8.89 | 14.75 | (2.38) |
| Distributions: |  |  |  |  |  |
| Dividends from <br>net investment income | (.85) | (.81) | (.90) | (.95) | (.90) |
| Dividends from net realized <br>gain on investments | (5.73) | (3.16) | (3.67) | (2.83) | (1.22) |
| Total Distributions | (6.58) | (3.97) | (4.57) | (3.78) | (2.12) |
| Net asset value, end of period | 57.81 | 77.81 | 64.27 | 59.95 | 48.98 |
| **Total Return (%)** | (18.31) | 28.40 | 18.01 | 31.18 | (4.63) |
| **Ratios/Supplemental Data (%):** |  |  |  |  |  |
| Ratio of total expenses <br>to average net assets | .26 | .26 | .27 | .27 | .27 |
| Ratio of total expenses <br>to average net assets | .26 | .26 | .27 | .27 | .27 |
| Ratio of net investment income <br>to average net assets | 1.35 | 1.14 | 1.57 | 1.75 | 1.65 |
| Portfolio Turnover Rate | 1.85 | 3.62 | 3.58 | 2.94 | 3.69 |
| Net Assets, <br>end of period ($ x 1,000) | 2540045 | 3272702 | 2718274 | 2447498 | 2089485 |

---

*<sup>a</sup> Based on average shares outstanding.*

*See notes to financial statements.*

#### 25
*FINANCIAL HIGHLIGHTS (continued)*

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Year Ended December 31, | Year Ended December 31, | Year Ended December 31, | Year Ended December 31, | Year Ended December 31, |
| **Service Shares** | 2022 | 2021 | 2020 | 2019 | 2018 |
| **Per Share Data ($):** |  |  |  |  |  |
| Net asset value, <br>beginning of period | 78.00 | 64.37 | 60.03 | 49.05 | 53.54 |
| Investment Operations: |  |  |  |  |  |
| Net investment income<sup>a</sup> | .69 | .63 | .74 | .82 | .76 |
| Net realized and unrealized <br>gain (loss) on investments | (14.30) | 16.75 | 8.02 | 13.80 | (3.27) |
| Total from <br>Investment Operations | (13.61) | 17.38 | 8.76 | 14.62 | (2.51) |
| Distributions: |  |  |  |  |  |
| Dividends from <br>net investment income | (.69) | (.59) | (.75) | (.81) | (.76) |
| Dividends from net realized <br>gain on investments | (5.73) | (3.16) | (3.67) | (2.83) | (1.22) |
| Total Distributions | (6.42) | (3.75) | (4.42) | (3.64) | (1.98) |
| Net asset value, end of period | 57.97 | 78.00 | 64.37 | 60.03 | 49.05 |
| **Total Return (%)** | (18.52) | 28.11 | 17.71 | 30.84 | (4.85) |
| **Ratios/Supplemental Data (%):** |  |  |  |  |  |
| Ratio of total expenses <br>to average net assets | .51 | .51 | .52 | .52 | .52 |
| Ratio of total expenses <br>to average net assets | .51 | .51 | .52 | .52 | .52 |
| Ratio of net investment income <br>to average net assets | 1.10 | .89 | 1.32 | 1.50 | 1.40 |
| Portfolio Turnover Rate | 1.85 | 3.62 | 3.58 | 2.94 | 3.69 |
| Net Assets, <br>end of period ($ x 1,000) | 51121 | 68792 | 195831 | 194109 | 172424 |

---

*<sup>a</sup> Based on average shares outstanding.*

*See notes to financial statements.*

#### 26
NOTES TO FINANCIAL STATEMENTS

#### NOTE 1—Significant Accounting Policies:
BNY Mellon Stock Index Fund, Inc. (the "fund"), which is registered under the Investment Company Act of 1940, as amended (the "Act"), is a diversified open-end management investment company. The fund is only offered to separate accounts established by insurance companies to fund variable annuity contracts and variable life insurance policies. The fund's investment objective is to seek to match the total return of the S&P 500<sup><sup>®</sup></sup> Index. BNY Mellon Investment Adviser, Inc. (the "Adviser"), a wholly-owned subsidiary of The Bank of New York Mellon Corporation ("BNY Mellon"), serves as the fund's investment adviser. Mellon Investments Corporation, a wholly-owned subsidiary of BNY Mellon and an affiliate of the Adviser, which serves as the fund's index manager (the "Index Manager").

BNY Mellon Securities Corporation (the "Distributor"), a wholly-owned subsidiary of the Adviser, is the distributor of the fund's shares, which are sold without a sales charge. The fund is authorized to issue 400 million shares of $.001 par value Common Stock in each of the following classes of shares: Initial shares (250 million shares authorized) and Service shares (150 million shares authorized). Initial shares are subject to a Shareholder Services Plan fee and Service shares are subject to a Distribution Plan fee. Each class of shares has identical rights and privileges, except with respect to the Distribution Plan, Shareholder Services Plan and the expenses borne by each class, the allocation of certain transfer agency costs, and certain voting rights. Income, expenses (other than expenses attributable to a specific class), and realized and unrealized gains or losses on investments are allocated to each class of shares based on its relative net assets.

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 fund enters into contracts that contain a variety of indemnifications. The fund's maximum exposure under these arrangements is unknown. The

#### 27
NOTES TO FINANCIAL STATEMENTS *(continued)*

fund does not anticipate recognizing any loss related to these arrangements.

**(a) Portfolio valuation:** 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:

The fund's Board of Directors (the "Board") has designated the Adviser as the fund's valuation designee, effective September 8, 2022, to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

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

#### 28
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. These securities are generally categorized within Level 2 of the fair value hierarchy.

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, 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.

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.

The following is a summary of the inputs used as of December 31, 2022 in valuing the fund's investments:

#### 29
NOTES TO FINANCIAL STATEMENTS *(continued)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Level 1-Unadjusted Quoted Prices | Level 2- Other Significant Observable Inputs | Level 3-Significant Unobservable Inputs | **Total** |
| **Assets ($)** | **Assets ($)** | **Assets ($)** | **Assets ($)** |  |
| Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> | Investments in Securities:<sup>†</sup> |  |
| Equity Securities - Common Stocks | 2562789024 | - | - | **2562789024** |
| Investment Companies | 25725840 | - | - | **25725840** |
| **Liabilities ($)** | **Liabilities ($)** | **Liabilities ($)** | **Liabilities ($)** |  |
| Other Financial Instruments: | Other Financial Instruments: | Other Financial Instruments: | Other Financial Instruments: |  |
| Futures<sup>††</sup> | (603709) | - | - | **(603709)** |

---

*<sup>†</sup> See Statement of Investments for additional detailed categorizations, if any.*

*<sup>††</sup> Amount shown represents unrealized appreciation (depreciation) at period end, but only variation margin on exchange-traded and centrally cleared derivatives, if any, are reported in the Statement of Assets and Liabilities.*

**(b) Foreign taxes:** The fund may be subject to foreign taxes (a portion of which may be reclaimable) on income, stock dividends, realized and unrealized capital gains on investments or certain foreign currency transactions. Foreign taxes are recorded in accordance with the applicable foreign tax regulations and rates that exist in the foreign jurisdictions in which the fund invests. These foreign taxes, if any, are paid by the fund and are reflected in the Statement of Operations, if applicable. Foreign taxes payable or deferred or those subject to reclaims as of December 31, 2022, if any, are disclosed in the fund's Statement of Assets and Liabilities.

**(c) Securities transactions and investment income:** Securities transactions are recorded on a trade date basis. Realized gains and losses from securities transactions are recorded on the identified cost basis. Dividend income is recognized on the ex-dividend date and interest income, including, where applicable, accretion of discount and amortization of premium on investments, is recognized on the accrual basis.

Pursuant to a securities lending agreement with BNY Mellon, 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 the Adviser, 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

#### 30
manner, BNY 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. During the period ended December 31, 2022, BNY Mellon earned $7,238 from the lending of the fund's portfolio securities, pursuant to the securities lending agreement.

**(d) Affiliated issuers:** Investments in other investment companies advised by the Adviser are considered "affiliated" under the Act.

**(e) Market Risk:** The value of the securities in which the fund invests may be affected by political, regulatory, economic and social developments, and developments that impact specific economic sectors, industries or segments of the market. The value of a security may also decline due to general market conditions that are not specifically related to a particular company or industry, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates, changes to inflation, adverse changes to credit markets or adverse investor sentiment generally. In addition, turbulence in financial markets and reduced liquidity in equity, credit and/or fixed income markets may negatively affect many issuers, which could adversely affect the fund. Global economies and financial markets are becoming increasingly interconnected, and conditions and events in one country, region or financial market may adversely impact issuers in a different country, region or financial market. These risks may be magnified if certain events or developments adversely interrupt the global supply chain; in these and other circumstances, such risks might affect companies world-wide. Recent examples include pandemic risks related to COVID-19 and aggressive measures taken world-wide in response by governments, including closing borders, restricting international and domestic travel, and the imposition of prolonged quarantines of large populations, and by businesses, including changes to operations and reducing staff.

**(f) Dividends and distributions to shareholders:** Dividends and distributions are recorded on the ex-dividend date. Dividends from net investment income are normally declared and paid quarterly. Dividends from net realized capital gains, if any, are normally declared and paid annually, but the fund may make distributions on a more frequent basis to comply with the distribution requirements of the Internal Revenue Code of 1986, as amended (the "Code"). To the extent that net realized capital gains can be offset by capital loss carryovers, it is the policy of the fund not to distribute such gains. Income and capital gain distributions are

#### 31
NOTES TO FINANCIAL STATEMENTS *(continued)*

determined in accordance with income tax regulations, which may differ from GAAP.

**(g) Federal income taxes:** It is the policy of the fund to continue to qualify as a regulated investment company, if such qualification is in the best interests of its shareholders, by complying with the applicable provisions of the Code, and to make distributions of taxable income and net realized capital gain sufficient to relieve it from substantially all federal income and excise taxes.

As of and during the period ended December 31, 2022, the fund did not have any liabilities for any uncertain tax positions. The fund recognizes interest and penalties, if any, related to uncertain tax positions as income tax expense in the Statement of Operations. During the period ended December 31, 2022, the fund did not incur any interest or penalties.

Each tax year in the four-year period ended December 31, 2022 remains subject to examination by the Internal Revenue Service and state taxing authorities.

At December 31, 2022, the components of accumulated earnings on a tax basis were as follows: undistributed ordinary income $2,020,552, undistributed capital gains $101,969,255 and unrealized appreciation $1,825,247,075.

The tax character of distributions paid to shareholders during the fiscal years ended December 31, 2022 and December 31, 2021 were as follows: ordinary income $42,112,124 and $35,819,844, and long-term capital gains $235,750,647 and $140,665,369, respectively.

#### NOTE 2—Bank Lines of Credit:
The fund participates with other long-term open-end funds managed by the Adviser in a $823.5 million unsecured credit facility led by Citibank, N.A. (the "Citibank Credit Facility") and a $300 million unsecured credit facility provided by BNY Mellon (the "BNYM Credit Facility"), each to be utilized primarily for temporary or emergency purposes, including the financing of redemptions (each, a "Facility"). The Citibank Credit Facility is available in two tranches: (i) Tranche A is in an amount equal to $688.5 million and is available to all long-term open-ended funds, including the fund, and (ii) Tranche B is an amount equal to $135 million and is available only to BNY Mellon Floating Rate Income Fund, a series of BNY Mellon Investment Funds IV, Inc. In connection therewith, the fund has agreed to pay its pro rata portion of commitment fees for Tranche A of the Citibank Credit Facility and the BNYM Credit Facility. Interest is charged to the

#### 32
fund based on rates determined pursuant to the terms of the respective Facility at the time of borrowing.

The average amount of borrowings outstanding under the Facilities during the period ended December 31, 2022 was approximately $78,082 with a related weighted average annualized rate of 2.79%.

#### NOTE 3—Management Fee, Index-Management Fee and Other Transactions with Affiliates:
**(a)** Pursuant to a management agreement with the Adviser, the management fee is computed at the annual rate of .245% of the value of the fund's average daily net assets and is payable monthly.

Pursuant to an index-management agreement (the "Index Agreement"), the Adviser has agreed to pay the Index Manager a monthly index-management fee at the annual rate of .095% of the value of the fund's average daily net assets. Pursuant to the Index Agreement, the Index Manager pays The Bank of New York Mellon (the "Custodian"), a subsidiary of BNY Mellon and an affiliate of the Adviser, for its services to the fund.

**(b)** Under the Distribution Plan adopted pursuant to Rule 12b-1 under the Act, Service shares pay the Distributor for distributing its shares, for servicing and/or maintaining Service shares' shareholder accounts and for advertising and marketing for Service shares. The Distribution Plan provides for payments to be made at an annual rate of .25% of the value of the Service shares' average daily net assets. The Distributor may make payments to Participating Insurance Companies and to brokers and dealers acting as principal underwriter for their variable insurance products. The fees payable under the Distribution Plan are payable without regard to actual expenses incurred. During the period ended December 31, 2022, Service shares were charged $142,295 pursuant to the Distribution Plan.

**(c)** Under the Shareholder Services Plan, Initial shares reimburse the Distributor at an amount not to exceed an annual rate of ..25% of the value of its average daily net assets for certain allocated expenses with respect to servicing and/or maintaining Initial shares' shareholder accounts. During the period ended December 31, 2022, Initial shares were charged 10,287 pursuant to the Shareholder Services Plan.

The fund has an arrangement with BNY Mellon Transfer, Inc., (the "Transfer Agent"), a subsidiary of BNY Mellon and an affiliate of the Adviser, whereby the fund may receive earnings credits when positive cash balances are maintained, which are used to offset Transfer Agent fees. For

#### 33
NOTES TO FINANCIAL STATEMENTS *(continued)*

financial reporting purposes, the fund includes transfer agent net earnings credits, if any, as an expense offset in the Statement of Operations.

The fund has an arrangement with the Custodian whereby the fund will receive interest income or be charged overdraft fees when cash balances are maintained. For financial reporting purposes, the fund includes this interest income and overdraft fees, if any, as interest income in the Statement of Operations.

The fund compensates the Transfer Agent, under a transfer agency agreement, for providing transfer agency and cash management services for the fund. The majority of Transfer Agent fees are comprised of amounts paid on a per account basis, while cash management fees are related to fund subscriptions and redemptions. During the period ended December 31, 2022, the fund was charged $1,391 for transfer agency services. These fees are included in Shareholder servicing costs in the Statement of Operations. These fees were partially offset by earnings credits of $154.

During the period ended December 31, 2022, the fund was charged $17,082 for services performed by the fund's Chief Compliance Officer and his staff. These fees are included in Chief Compliance Officer fees in the Statement of Operations.

The components of "Due to BNY Mellon Investment Adviser, Inc. and affiliates" in the Statement of Assets and Liabilities consist of: management fee of $549,265, Distribution Plan fees of $11,107, Shareholder Services Plan fees of $1,000, Chief Compliance Officer fees of $4,082 and Transfer Agent fees of $4,386.

**(d)** Each board member also serves as a board member of other funds in the BNY Mellon Family of Funds complex. Annual retainer fees and attendance fees are allocated to each fund based on net assets.

#### NOTE 4—Securities Transactions:
The aggregate amount of purchases and sales of investment securities, excluding short-term securities and futures, during the period ended December 31, 2022, amounted to $52,017,520 and $181,616,389, respectively.

**Derivatives:** A derivative is a financial instrument whose performance is derived from the performance of another asset. The SEC recently adopted Rule 18f-4 under the Act, which, effective August 18, 2022, regulates the use of derivatives transactions for certain funds registered under the Act. The fund is deemed a "limited" derivatives user under the rule and is required to limit its derivatives exposure so that the total notional value of

#### 34
derivatives does not exceed 10% of fund's net assets, and is subject to certain reporting requirements. Each type of derivative instrument that was held by the fund during the period ended December 31, 2022 is discussed below.

**Futures:** In the normal course of pursuing its investment objective, the fund is exposed to market risk, including equity price 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. Futures open at December 31, 2022 are set forth in the Statement of Investments.

The following summarizes the average market value of derivatives outstanding during the period ended December 31, 2022:

---

| | |
|:---|:---|
|  | Average Market Value ($) |
| Equity futures | 26415648  |

---

At December 31, 2022, the cost of investments for federal income tax purposes was $763,267,789; accordingly, accumulated net unrealized appreciation on investments was $1,825,247,075, consisting of $1,910,985,836 gross unrealized appreciation and $85,738,761 gross unrealized depreciation.

#### 35

#### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Shareholders and the Board of Directors of BNY Mellon Stock Index Fund, Inc.

*Opinion on the Financial Statements*

We have audited the accompanying statement of assets and liabilities of BNY Mellon Stock Index Fund, Inc. (the "Fund"), including the statement of investments, as of December 31, 2022, and the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the five years in the period then ended and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund at December 31, 2022, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and its financial highlights for each of the five years in the period then ended, in conformity with U.S. generally accepted accounting principles.

*Basis for Opinion*

These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Fund is not required to have, nor were we engaged to perform, an audit of the Fund's internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of December 31, 2022, by correspondence with the custodian, brokers and others; when replies were not received from brokers and others, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

![](img_3a23e5ae04814.jpg)

We have served as the auditor of one or more investment companies in the BNY Mellon Family of Funds since at least 1957, but we are unable to determine the specific year.

New York, New York<br>February 9, 2023

#### 36
IMPORTANT TAX INFORMATION (Unaudited)

For federal tax purposes, the fund hereby reports 100% of the ordinary dividends paid during the fiscal year ended December 31, 2022 as qualifying for the corporate dividends received deduction. Shareholders will receive notification in early 2023 of the percentage applicable to the preparation of their 2022 income tax returns. Also, the fund hereby reports $.1098 per share as a short-term capital gain distribution and $5.6177 per share as a long-term capital gain distribution paid on March 31, 2022.

#### 37
BOARD MEMBERS INFORMATION (Unaudited)<br> *Independent Board Members*

#### Joseph S. DiMartino (79)<br> C hairman of the Board (1995)
*Principal Occupation During Past 5 Years:*

· Director or Trustee of funds in the BNY Mellon Family of Funds and certain other entities (as described in the fund's Statement of Additional Information) (1995-Present)

*Other Public Company Board Memberships During Past 5 Years:*

· CBIZ, Inc., a public company providing professional business services, products and solutions, *Director* (1997-Present)

*No. of Portfolios for which Board Member Serves:* 92*

———————

#### Peggy C. Davis (79)<br> Board Member (2006)
*Principal Occupation During Past 5 Years:*

· Shad Professor of Law, New York University School of Law (1983-Present)

*No. of Portfolios for which Board Member Serves:* 32

———————

#### Gina D. France (64)<br> Board Member (2019)
*Principal Occupation During Past 5 Years:*

· France Strategic Partners, a strategy and advisory firm serving corporate clients across the United States, *Founder, President and Chief Executive Officer* (2003-Present)

*Other Public Company Board Memberships During Past 5 Years:*

· Huntington Bancshares, a bank holding company headquartered in Columbus, Ohio, *Director* (2016-Present)

· Cedar Fair, L.P., a publicly-traded partnership that owns and operates amusement parks and hotels in the U.S. and Canada, *Director* (2011-Present)

· CBIZ, Inc., a public company providing professional business services, products and solutions, *Director* (2015-Present)

· FirstMerit Corporation, a diversified financial services company, *Director* (2004-2016)

*No. of Portfolios for which Board Member Serves:* 22*

———————

#### Joan Gulley (75)<br> Board Member (2017)
*Principal Occupation During Past 5 Years:*

· Nantucket Atheneum, public library, *Chair* (2018-June 2021) and *Director* (2015-June 2021)

· Orchard Island Club, golf and beach club, *Governor* (2016-Present)

*No. of Portfolios for which Board Member Serves:* 39*

———————

#### 38

#### Robin A. Melvin (59)<br> Board Member (2012)
*Principal Occupation During Past 5 Years:*

· Westover School, a private girls' boarding school in Middlebury, Connecticut, *Trustee* (2019-Present)

· Mentor Illinois, a non-profit organization dedicated to increasing the quality of mentoring services in Illinois, *Co-Chair* (2014–2020); *Board Member*, Mentor Illinois (2013-2020)

· JDRF, a non-profit juvenile diabetes research foundation, *Board Member* (June 2021-June 2022)

*Other Public Company Board Memberships During Past 5 Years:*

· HPS Corporate Lending Fund, a closed-end management investment company regulated as a business development company, *Trustee* (August 2021-Present)

*No. of Portfolios for which Board Member Serves:* 71*

———————

#### Michael D. DiLecce (60)<br> Advisory Board Member (2022)
*Principal Occupation During Past 5 Years:*

· Retired since July 2022. Global Asset Management Assurance Leader, Ernst & Young LLP (2015-2022)

· Americas Regional Talent Managing Partner for Ernst & Young's Financial Service Practice (2017-2021)

· Partner, Ernst & Young LLP (1997-2022)

*No. of Portfolios for which Board Member Serves:* 22*

———————

*The address of the Board Members and Officers is c/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, New York 10286. Additional information about each Board Member is available in the fund's Statement of Additional Information which can be obtained from the Adviser free of charge by calling this toll free number: 1-800-373-9387.*

#### 39
OFFICERS OF THE FUND (Unaudited)

#### DAVID DIPETRILLO, President since January 2021.
Vice President and Director of the Adviser since February 2021; Head of North America Product, BNY Mellon Investment Management since January 2018; and Director of Product Strategy, BNY Mellon Investment Management from January 2016 to December 2017. He is an officer of 54 investment companies (comprised of 107 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 44 years old and has been an employee of BNY Mellon since 2005.

#### JAMES WINDELS, Treasurer since September 2003.
Vice President of the Adviser since September 2020; and Director–BNY Mellon Fund Administration. He is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 64 years old and has been an employee of the Adviser since April 1985.

#### PETER M. SULLIVAN, Chief Legal Officer since July 2021 and Vice President and Assistant Secretary since March 2019.
Chief Legal Officer of the Adviser and Associate General Counsel of BNY Mellon since July 2021; Senior Managing Counsel of BNY Mellon from December 2020 to July 2021; and Managing Counsel of BNY Mellon from March 2009 to December 2020. He is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 54 years old and has been an employee of BNY Mellon since April 2004.

#### JAMES BITETTO, Vice President since August 2005 and Secretary since February 2018.
Senior Managing Counsel of BNY Mellon since December 2019; Managing Counsel of BNY Mellon from April 2014 to December 2019; and Secretary of the Adviser. He is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 56 years old and has been an employee of the Adviser since December 1996.

#### DEIRDRE CUNNANE, Vice President and Assistant Secretary since March 2019.
Managing Counsel of BNY Mellon since December 2021, Counsel of BNY Mellon from August 2018 to December 2021; and Senior Regulatory Specialist at BNY Mellon Investment Management Services from February 2016 to August 2018. She is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. She is 32 years old and has been an employee of the Adviser since August 2018.

#### SARAH S. KELLEHER, Vice President and Assistant Secretary since April 2014.
Vice President of BNY Mellon ETF Investment Adviser; LLC since February 2020; Senior Managing Counsel of BNY Mellon since September 2021; Managing Counsel of BNY Mellon from December 2017 to September 2021; and Senior Counsel of BNY Mellon from March 2013 to December 2017. She is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. She is 47 years old and has been an employee of the Adviser since March 2013.

#### JEFF PRUSNOFSKY, Vice President and Assistant Secretary since September 2003.
Senior Managing Counsel of BNY Mellon. He is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 57 years old and has been an employee of the Adviser since October 1990.

#### AMANDA QUINN, Vice President and Assistant Secretary since March 2020.
Counsel of BNY Mellon since June 2019; Regulatory Administration Manager at BNY Mellon Investment Management Services from September 2018 to May 2019; and Senior Regulatory Specialist at BNY Mellon Investment Management Services from April 2015 to August 2018. She is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. She is 37 years old and has been an employee of the Adviser since June 2019.

#### 40

#### NATALYA ZELENSKY, Vice President and Assistant Secretary since March 2017.
Chief Compliance Officer since August 2021 and Vice President since February 2020 of BNY Mellon ETF Investment Adviser, LLC; Chief Compliance Officer since August 2021 and Vice President and Assistant Secretary since February 2020 of BNY Mellon ETF Trust; Managing Counsel of BNY Mellon from December 2019 to August 2021; Counsel of BNY Mellon from May 2016 to December 2019; and Assistant Secretary of the Adviser from April 2018 to August 2021. She is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. She is 37 years old and has been an employee of BNY Mellon since May 2016.

#### DANIEL GOLDSTEIN, Vice President since March 2022.
Vice President and Head of Product Development of North America Product, BNY Mellon Investment Management since January 2018; Co-Head of Product Management, Development & Oversight of North America Product, BNY Mellon Investment Management from January 2010 to January 2018; and Senior Vice President, Development & Oversight of North America Product, BNY Mellon Investment Management since 2010. He is an officer of 54 investment companies (comprised of 107 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 53 years old and has been an employee of the Distributor since 1991.

#### JOSEPH MARTELLA, Vice President since March 2022.
Vice President of the Adviser since December 2022, Head of Product Management of North America Product, BNY Mellon Investment Management since January 2018; Director of Product Research and Analytics of North America Product, BNY Mellon Investment Management from January 2010 to January 2018; and Senior Vice President of North America Product, BNY Mellon Investment Management since 2010. He is an officer of 54 investment companies (comprised of 107 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 46 years old and has been an employee of the Distributor since 1999.

#### GAVIN C. REILLY, Assistant Treasurer since December 2005.
Tax Manager–BNY Mellon Fund Administration. He is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 54 years old and has been an employee of the Adviser since April 1991.

#### ROBERT SALVIOLO, Assistant Treasurer since July 2007.
Senior Accounting Manager–BNY Mellon Fund Administration. He is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 55 years old and has been an employee of the Adviser since June 1989.

#### ROBERT SVAGNA, Assistant Treasurer since September 2003.
Senior Accounting Manager–BNY Mellon Fund Administration. He is an officer of 55 investment companies (comprised of 127 portfolios) managed by the Adviser or an affiliate of the Adviser. He is 55 years old and has been an employee of the Adviser since November 1990.

#### JOSEPH W. CONNOLLY, Chief Compliance Officer since October 2004.
Chief Compliance Officer of the BNY Mellon Family of Funds and BNY Mellon Funds Trust since 2004; and Chief Compliance Officer of the Adviser from 2004 until June 2021. He is the Chief Compliance Officer of 54 investment companies (comprised of 112 portfolios) managed by the Adviser. He is 65 years old.

#### CARIDAD M. CAROSELLA, Anti-Money Laundering Compliance Officer since January 2016.
Anti-Money Laundering Compliance Officer of the BNY Mellon Family of Funds and BNY Mellon Funds Trust. She is an officer of 48 investment companies (comprised of 120 portfolios) managed by the Adviser or an affiliate of the Adviser. She is 54 years old and has been an employee of the Distributor since 1997.

#### 41
For More Information

#### BNY Mellon Stock Index Fund, Inc.
240 Greenwich Street<br> New York, NY 10286

#### Adviser
BNY Mellon Investment Adviser, Inc.<br> 240 Greenwich Street<br> New York, NY 10286

#### Index Manager
Mellon Investments Corporation

BNY Mellon Center<br>One Boston Place<br>Boston, MA 02108-4408

#### Custodian
The Bank of New York Mellon<br> 240 Greenwich Street<br> New York, NY 10286

#### Transfer Agent & <br> Dividend Disbursing Agent
BNY Mellon Transfer, Inc.<br> 240 Greenwich Street<br> New York, NY 10286

#### Distributor
BNY Mellon Securities Corporation<br> 240 Greenwich Street<br> New York, NY 10286

<br>**Telephone** 1-800-258-4260 or 1-800-258-4261

**Mail** The BNY Mellon Family of Funds, 144 Glenn Curtiss Boulevard, Uniondale, NY 11556-0144 Attn: Institutional Services Department

**E-mail** Send your request to info@bnymellon.com

**Internet** Information can be viewed online or downloaded at www.im.bnymellon.com

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission ("SEC") for the first and third quarters of each fiscal year on Form N-PORT. The fund's Forms N-PORT are available on the SEC's website at <u>www.sec.gov</u>.

A description of the policies and procedures that the fund uses to determine how to vote proxies relating to portfolio securities and information regarding how the fund voted these proxies for the most recent 12-month period ended June 30 is available at www.im.bnymellon.com and on the SEC's website at www.sec.gov and without charge, upon request, by calling 1-800-373-9387.

---

| | |
|:---|:---|
|© 2023 BNY Mellon Securities Corporation<br>0763AR1222 | ![](img_d2db4f04def64.jpg) |

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**Item 2. Code of Ethics.**

The Registrant has adopted a code of ethics that applies to the Registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions. There have been no amendments to, or waivers in connection with, the Code of Ethics during the period covered by this Report.

**Item 3. Audit Committee Financial Expert.**

The Registrant's Board has determined that Gina D. France, a member of the Audit Committee of the Board, is an audit committee financial expert as defined by the Securities and Exchange Commission (the "SEC"). Ms. France is "independent" as defined by the SEC for purposes of audit committee financial expert determinations.

**Item 4. Principal Accountant Fees and Services.**

(a) <u>Audit Fees</u>. The aggregate fees billed for each of the last two fiscal years (the "Reporting Periods") for professional services rendered by the Registrant's principal accountant (the "Auditor") for the audit of the Registrant's annual financial statements or services that are normally provided by the Auditor in connection with the statutory and regulatory filings or engagements for the Reporting Periods, were $34,853 in 2021 and $35,550 in 2022.

(b) <u>Audit-Related Fees</u>. The aggregate fees billed in the Reporting Periods for assurance and related services by the Auditor that are reasonably related to the performance of the audit of the Registrant's financial statements and are not reported under paragraph (a) of this Item 4 were $7,080 in 2021 and $7,737 in 2022. These services consisted of one or more of the following: (i) agreed upon procedures related to compliance with Internal Revenue Code section 817(h), (ii) security counts required by Rule 17f-2 under the Investment Company Act of 1940, as amended, (iii) advisory services as to the accounting or disclosure treatment of Registrant transactions or events and (iv) advisory services to the accounting or disclosure treatment of the actual or potential impact to the Registrant of final or proposed rules, standards or interpretations by the Securities and Exchange Commission, the Financial Accounting Standards Boards or other regulatory or standard-setting bodies.

The aggregate fees billed in the Reporting Periods for non-audit assurance and related services by the Auditor to the Registrant's investment adviser (not including any sub-investment adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Registrant ("Service Affiliates"), that were reasonably related to the performance of the annual audit of the Service Affiliate, which required pre-approval by the Audit Committee were $0 in 2021 and $0 in 2022.

(c) <u>Tax Fees</u>. The aggregate fees billed in the Reporting Periods for professional services rendered by the Auditor for tax compliance, tax advice, and tax planning ("Tax Services") were $4,763 in 2021 and $4,763 in 2022. These services consisted of: (i) review or preparation of U.S. federal, state, local and excise tax returns; (ii) U.S. federal, state and local tax planning, advice and assistance regarding statutory, regulatory or administrative developments; (iii) tax advice regarding tax qualification matters and/or treatment of various financial instruments held or proposed to be acquired or held, and (iv) determination of Passive Foreign Investment Companies. The aggregate fees billed in the Reporting Periods for Tax Services by the Auditor to Service Affiliates, which required pre-approval by the Audit Committee were $2,737 in 2021 and $3,737 in 2022.

(d) <u>All Other Fees</u>. The aggregate fees billed in the Reporting Periods for products and services provided by the Auditor, other than the services reported in paragraphs (a) through (c) of this Item, were $80 in 2021 and $46 in 2022. These services consisted of a review of the Registrant's anti-money laundering program.

The aggregate fees billed in the Reporting Periods for Non-Audit Services by the Auditor to Service Affiliates, other than the services reported in paragraphs (b) through (c) of this Item, which required pre-approval by the Audit Committee, were $0 in 2021 and $0 in 2022.

(e)(1) <u>Audit Committee Pre-Approval Policies and Procedures</u>. The Registrant's Audit Committee has established policies and procedures (the "Policy") for pre-approval (within specified fee limits) of the Auditor's engagements for non-audit services to the Registrant and Service Affiliates without specific case-by-case consideration. The pre-approved services in the Policy can include pre-approved audit services, pre-approved audit-related services, pre-approved tax services and pre-approved all other services. Pre-approval considerations include whether the proposed services are compatible with maintaining the Auditor's independence. Pre-approvals pursuant to the Policy are considered annually.

(e)(2) <u>Note</u>. None of the services described in paragraphs (b) through (d) of this Item 4 were approved by the Audit Committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

(f) None of the hours expended on the principal accountant's engagement to audit the registrant's financial statements for the most recent fiscal year were attributed to work performed by persons other than the principal accountant's full-time, permanent employees.

<u>Non-Audit Fees</u>. The aggregate non-audit fees billed by the Auditor for services rendered to the Registrant, and rendered to Service Affiliates, for the Reporting Periods were $3,095,435 in 2021 and $1,803,830 in 2022.

<u>Auditor Independence</u>. The Registrant's Audit Committee has considered whether the provision of non-audit services that were rendered to Service Affiliates, which were not pre-approved (not requiring pre-approval), is compatible with maintaining the Auditor's independence.

(i) Not applicable.

(j) Not applicable.

**Item 5. Audit Committee of Listed Registrants.**

Not applicable.

**Item 6. Investments.**

(a) Not applicable.

**Item 7.** **Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable.

**Item 8. Portfolio Managers of Closed-End Management Investment Companies.**

Not applicable.

**Item 9.** **Purchases of Equity Securities by Closed-End Management Investment Companies and Affiliated Purchasers.**

Not applicable.

**Item 10.** **Submission of Matters to a Vote of Security Holders.**

There have been no material changes to the procedures applicable to Item 10.

**Item 11.** **Controls and Procedures.**

(a) The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-CSR is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-CSR is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) There were no changes to the Registrant's internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.

**Item 12.** **Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.**

Not applicable.

**Item 13.** **Exhibits.**

(a)(1) [Code of ethics referred to in Item 2](ncsrcodeofethics-jan 2021.htm).

(a)(2) [Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940](exhibit302-763.htm).

(a)(3) Not applicable.

(b) [Certification of principal executive and principal financial officers as required by Rule 30a-2(b) under the Investment Company Act of 1940](exhibit906-763.htm).

**SIGNATURES<br>** 

<br> Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

BNY Mellon Stock Index Fund, Inc.

By: <u>/s/ David J. DiPetrillo</u>

David J. DiPetrillo

President (Principal Executive Officer)

Date: February 8, 2023

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By: <u>/s/ David J. DiPetrillo</u>

David J. DiPetrillo

President (Principal Executive Officer)

Date: February 8, 2023

By: <u>/s/ James Windels</u>

James Windels

Treasurer (Principal Financial Officer)

Date: February 8, 2023

**EXHIBIT INDEX**

(a)(1) Code of ethics referred to in Item 2.

(a)(2) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940. (EX-99.CERT)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Certification of principal executive and principal financial officers as required by Rule 30a-2(b) under the Investment Company Act of 1940. (EX-99.906CERT)

## Ex-99.Code

**THE BNY MELLON FAMILY OF FUNDS**

**BNY MELLON FUNDS TRUST**

**Principal Executive Officer and Senior Financial Officer**

**Code of Ethics**

**I. Covered Officers/Purpose of the Code**

This code of ethics (the "Code"), adopted by the funds in the BNY Mellon Family of Funds and BNY Mellon Funds Trust (each, a "Fund"), applies to each Fund's Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer or Controller, or other persons performing similar functions, each of whom is listed on Exhibit A (the "Covered Officers"), for the purpose of promoting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· full, fair, accurate, timely and understandable disclosure in reports and documents that the Fund files with, or submits to, the Securities and Exchange Commission (the "SEC") and in other public communications made by the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· compliance with applicable laws and governmental rules and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the prompt internal reporting of violations of the Code to an appropriate person or persons identified in the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· accountability for adherence to the Code.

Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as apparent conflicts of interest.

**II. Covered Officers Should Handle Ethically Actual and Apparent Conflicts of Interest**

**Overview.** A "conflict of interest" occurs when a Covered Officer's private interest interferes with the interests of, or his service to, the Fund. For example, a conflict of interest would arise if a Covered Officer, or a member of his family, receives improper personal benefits as a result of his position with the Fund.

Certain conflicts of interest arise out of the relationships between Covered Officers and the Fund and already are subject to conflict of interest provisions in the Investment Company Act of 1940, as amended (the "Investment Company Act"), and the Investment Advisers Act of 1940, as amended (the "Investment Advisers Act"). For example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with the Fund because of their status as "affiliated persons" of the Fund. The compliance programs and procedures of the Fund and the Fund's investment adviser (the "Adviser") are designed to prevent, or identify and correct, violations of these provisions. The Code does not, and is not intended to, repeat or replace these programs and procedures, and the circumstances they cover fall outside of the parameters of the Code.

Although typically not presenting an opportunity for improper personal benefit, conflicts arise from, or as a result of, the contractual relationship between the Fund and the Adviser of which the Covered Officers are also officers or employees. As a result, the Code recognizes that the Covered Officers, in the ordinary course of their duties (whether formally for the Fund or for the Adviser, or for both), will be involved in establishing policies and implementing decisions that will have different effects on the Adviser and the Fund. The participation of the Covered Officers in such activities is inherent in the contractual relationship between the Fund and the Adviser and is consistent with the performance by the Covered Officers of their duties as officers of the Fund and, if addressed in conformity with the provisions of the Investment Company Act and the Investment Advisers Act, will be deemed to have been handled ethically. In addition, it is recognized by the Fund's Board that the Covered Officers also may be officers or employees of one or more other investment companies covered by this or other codes of ethics.

------

Other conflicts of interest are covered by the Code, even if such conflicts of interest are not subject to provisions in the Investment Company Act and the Investment Advisers Act. Covered Officers should keep in mind that the Code cannot enumerate every possible scenario. The overarching principle of the Code is that the personal interest of a Covered Officer should not be placed improperly before the interest of the Fund.

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· not use his personal influence or personal relationships improperly to influence investment decisions or financial reporting by the Fund whereby the Covered Officer would benefit personally to the detriment of the Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· not cause the Fund to take action, or fail to take action, for the individual personal benefit of the Covered Officer rather than the benefit of the Fund; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· not retaliate against any employee or Covered Officer for reports of potential violations that are made in good faith.

**III. Disclosure and Compliance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Each Covered Officer should familiarize himself with the disclosure requirements generally applicable to the Fund within his area of responsibility;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· each Covered Officer should not knowingly misrepresent, or cause others to misrepresent, facts about the Fund to others, whether within or outside the Fund, including to the Fund's Board members and auditors, and to governmental regulators and self-regulatory organizations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· each Covered Officer should, to the extent appropriate within his area of responsibility, consult with other officers and employees of the Fund and the Adviser with the goal of promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Fund files with, or submits to, the SEC and in other public communications made by the Fund; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· it is the responsibility of each Covered Officer to promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations.

**IV. Reporting and Accountability**

Each Covered Officer must:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· upon adoption of the Code (or thereafter, as applicable, upon becoming a Covered Officer), affirm in writing to the Board that he has received, read, and understands the Code;

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· annually thereafter affirm to the Board that he has complied with the requirements of the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· notify the Adviser's General Counsel (the "General Counsel") promptly if he knows of any violation of the Code. Failure to do so is itself a violation of the Code.

The General Counsel is responsible for applying the Code to specific situations in which questions are presented under it and has the authority to interpret the Code in any particular situation. However, waivers sought by any Covered Officer will be considered by the Fund's Board.

The Fund will follow these procedures in investigating and enforcing the Code:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the General Counsel will take all appropriate action to investigate any potential violations reported to him;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· if, after such investigation, the General Counsel believes that no violation has occurred, the General Counsel is not required to take any further action;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· any matter that the General Counsel believes is a violation will be reported to the Board;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· if the Board concurs that a violation has occurred, it will consider appropriate action, which may include: review of, and appropriate modifications to, applicable policies and procedures; notification to appropriate personnel of the Adviser or its board; or dismissal of the Covered Officer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the Board will be responsible for granting waivers, as appropriate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· any waivers of or amendments to the Code, to the extent required, will be disclosed as provided by SEC rules.

**V. Other Policies and Procedures**

The Code shall be the sole code of ethics adopted by the Fund for purposes of Section 406 of the Sarbanes-Oxley Act of 2002 and the rules and forms applicable to registered investment companies thereunder. The Fund's, its principal underwriter's and the Adviser's codes of ethics under Rule 17j-1 under the Investment Company Act and the Adviser's additional policies and procedures, including its Code of Conduct, are separate requirements applying to the Covered Officers and others, and are not part of the Code.

**VI. Amendments**

Except as to Exhibit A, the Code may not be amended except in written form, which is specifically approved or ratified by a majority vote of the Fund's Board, including a majority of independent Board members.

**VII. Confidentiality**

All reports and records prepared or maintained pursuant to the Code will be considered confidential and shall be maintained and protected accordingly. Except as otherwise required by law or the Code, such matters shall not be disclosed to anyone other than the appropriate Funds and their counsel, the appropriate Boards (or Committees) and their counsel and the Adviser.

------

**VIII. Internal Use**

The Code is intended solely for the internal use by the Fund and does not constitute an admission, by or on behalf of the Fund, as to any fact, circumstance, or legal conclusion.

Dated as of: January 14, 2021

------

**Exhibit A**

**Persons Covered by the Code of Ethics**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp; David J. DiPetrillo | &nbsp;&nbsp; President | &nbsp;&nbsp; (Principal Executive Officer, BNY Mellon Family of Funds) |
| &nbsp;&nbsp; Patrick T. Crowe | &nbsp;&nbsp; President | &nbsp;&nbsp; (Principal Executive Officer, BNY Mellon Funds Trust) |
| &nbsp;&nbsp; James M. Windels | &nbsp;&nbsp; Treasurer | &nbsp;&nbsp; (Principal Financial and Accounting Officer) |

---

## Ex-99.Cert

[EX-99.CERT]—Exhibit (a)(2)

**SECTION 302 CERTIFICATION**

I, David J. DiPetrillo, certify that:

1. I have reviewed this report on Form N-CSR of BNY Mellon Stock Index Fund, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

By: <u>/s/ David J. DiPetrillo</u>

David J. DiPetrillo

President (Principal Executive Officer)

Date: February 8, 2023

**SECTION 302 CERTIFICATION**

I, James Windels, certify that:

1. I have reviewed this report on Form N-CSR of BNY Mellon Stock Index Fund, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

By: <u>/s/ James Windels</u>

James Windels

Treasurer (Principal Financial Officer)

Date: February 8, 2023

## Exhibit 99.906

[EX-99.906CERT]

Exhibit (b)

**SECTION 906 CERTIFICATIONS**

In connection with this report on Form N-CSR for the Registrant as furnished to the Securities and Exchange Commission on the date hereof (the "Report"), the undersigned hereby certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

By: <u>/s/ David J. DiPetrillo</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;David J. DiPetrillo

President (Principal Executive Officer)<br>

Date: February 8, 2023

By: <u>/s/ James Windels</u>

James Windels

Treasurer (Principal Financial Officer)

Date: February 8, 2023

*This certificate is furnished pursuant to the requirements of Form N-CSR and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.*