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N-CSRS BNY Mellon Investment Portfolios 2026-06-30 MidCap Stock Portfolio Initial Shares This semi-annual shareholder report contains important information about BNY Mellon Investment Portfolios, MidCap Stock Portfolio (the “Fund”) for the period of January 1, 2026 to June 30, 2026. semi-annual shareholder report You can find additional information about the Fund at <span style="text-decoration-line:underline;color:rgb(0, 0, 0);line-height:7.5pt;word-break:break-all;white-space:nowrap;font-weight:400;font-family:'times new roman';font-size:10pt">www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1 1-800-373-9387 info@bny.com <div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt;">Initial <span style="white-space:nowrap">Shares<sup style="vertical-align:super;font-size:5pt">*</sup></span></td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>43</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">0.80<span>%</span><sup style="vertical-align:super;font-size:5pt">**</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid;margin-bottom:10pt"> <tr style="break-inside:avoid-page;page-break-inside:avoid;height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-style: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; font-style: normal; text-align: left; vertical-align: top; color: rgb(0, 0, 0); padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"> <div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:9pt;line-height:normal;font-style:normal;text-align:left;vertical-align:top;color:rgb(0, 0, 0);padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom:0px;">During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. If this agreement is not extended in the future, expenses could be higher.</div></td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-style: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">**</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; font-style: normal; text-align: left; vertical-align: top; color: rgb(0, 0, 0); padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"> <div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:9pt;line-height:normal;font-style:normal;text-align:left;vertical-align:top;color:rgb(0, 0, 0);padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 43 0.0080 <div style="line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Portfolio Turnover</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>173</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">272</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">38.58<span>%</span></td> </tr> </table> 173000000 272 0.3858 <div style="margin-top:0px;line-height:inherit;text-transform:uppercase;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;"> <b>Portfolio Holdings (as of </b> <b>6/30/26</b> <b>)</b> </div><div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-left:18pt;margin-bottom:8pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169903.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div><div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:6pt;margin-left:18pt;"> <img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_12169784.jpg" style="margin-left: 29pt; width: 437pt;"/> </div> <div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-left:18pt;margin-bottom:8pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169903.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div> MidCap Stock Portfolio Service Shares This semi-annual shareholder report contains important information about BNY Mellon Investment Portfolios, MidCap Stock Portfolio (the “Fund”) for the period of January 1, 2026 to June 30, 2026. semi-annual shareholder report You can find additional information about the Fund at <span style="text-decoration-line:underline;color:rgb(0, 0, 0);line-height:7.5pt;word-break:break-all;white-space:nowrap;font-weight:400;font-family:'times new roman';font-size:10pt">www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1 1-800-373-9387 info@bny.com <div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt;">Service <span style="white-space:nowrap">Shares<sup style="vertical-align:super;font-size:5pt">*</sup></span></td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>57</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">1.05<span>%</span><sup style="vertical-align:super;font-size:5pt">**</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid;margin-bottom:10pt"> <tr style="break-inside:avoid-page;page-break-inside:avoid;height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-style: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; font-style: normal; text-align: left; vertical-align: top; color: rgb(0, 0, 0); padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"> <div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:9pt;line-height:normal;font-style:normal;text-align:left;vertical-align:top;color:rgb(0, 0, 0);padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom:0px;">During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. If this agreement is not extended in the future, expenses could be higher.</div></td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-style: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">**</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; font-style: normal; text-align: left; vertical-align: top; color: rgb(0, 0, 0); padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"> <div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:9pt;line-height:normal;font-style:normal;text-align:left;vertical-align:top;color:rgb(0, 0, 0);padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 57 0.0105 <div style="line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Portfolio Turnover</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>173</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">272</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">38.58<span>%</span></td> </tr> </table> 173000000 272 0.3858 <div style="margin-top:0px;line-height:inherit;text-transform:uppercase;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;"> <b>Portfolio Holdings (as of </b> <b>6/30/26</b> <b>)</b> </div><div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-left:18pt;margin-bottom:8pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169904.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div><div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:6pt;margin-left:18pt;"> <img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_12169783.jpg" style="margin-left: 29pt; width: 437pt;"/> </div> <div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-left:18pt;margin-bottom:8pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169904.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div> Small Cap Stock Index Portfolio Service Shares This semi-annual shareholder report contains important information about BNY Mellon Investment Portfolios, Small Cap Stock Index Portfolio (the “Fund”) for the period of January 1, 2026 to June 30, 2026. semi-annual shareholder report You can find additional information about the Fund at <span style="text-decoration-line:underline;color:rgb(0, 0, 0);line-height:7.5pt;word-break:break-all;white-space:nowrap;font-weight:400;font-family:'times new roman';font-size:10pt">www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1 1-800-373-9387 info@bny.com <div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt;">Service <span style="white-space:nowrap">Shares<sup style="vertical-align:super;font-size:5pt">*</sup></span></td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>33</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">0.60<span>%</span><sup style="vertical-align:super;font-size:5pt">**</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid;margin-bottom:10pt"> <tr style="break-inside:avoid-page;page-break-inside:avoid;height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-style: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; font-style: normal; text-align: left; vertical-align: top; color: rgb(0, 0, 0); padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"> <div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:9pt;line-height:normal;font-style:normal;text-align:left;vertical-align:top;color:rgb(0, 0, 0);padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom:0px;">During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc.</div></td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-style: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">**</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; font-style: normal; text-align: left; vertical-align: top; color: rgb(0, 0, 0); padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"> <div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:9pt;line-height:normal;font-style:normal;text-align:left;vertical-align:top;color:rgb(0, 0, 0);padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 33 0.0060 <div style="line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Portfolio Turnover</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>620</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">608</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">27.14<span>%</span></td> </tr> </table> 620000000 608 0.2714 <div style="margin-top:0px;line-height:inherit;text-transform:uppercase;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;"> <b>Portfolio Holdings (as of </b> <b>6/30/26</b> <b>)</b> </div><div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-left:18pt;margin-bottom:8pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169906.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div><div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:6pt;margin-left:18pt;"> <img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_12169785.jpg" style="margin-left: 29pt; width: 437pt;"/> </div> <div style="margin-top:0px;line-height:inherit;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-left:18pt;margin-bottom:8pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169906.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div> Technology Growth Portfolio Initial Shares This semi-annual shareholder report contains important information about BNY Mellon Investment Portfolios, Technology Growth Portfolio (the “Fund”) for the period of January 1, 2026 to June 30, 2026. semi-annual shareholder report You can find additional information about the Fund at <span style="text-decoration-line:underline;color:rgb(0, 0, 0);line-height:7.5pt;word-break:break-all;white-space:nowrap;font-weight:400;font-family:'times new roman';font-size:10pt">www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1 1-800-373-9387 info@bny.com <div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt;">Initial Shares</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>51</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">0.87<span>%</span><span>*</span></td> </tr> </table><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid;margin-bottom:22pt"> <tr style="break-inside:avoid-page;page-break-inside:avoid;height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-style: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; font-style: normal; text-align: left; vertical-align: top; color: rgb(0, 0, 0); padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"> <div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:9pt;line-height:normal;font-style:normal;text-align:left;vertical-align:top;color:rgb(0, 0, 0);padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 51 0.0087 <div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Portfolio Turnover</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>223</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">37</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">22.73<span>%</span></td> </tr> </table> 223000000 37 0.2273 <div style="margin-top:0px;text-transform:uppercase;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;"> <b>Portfolio Holdings (as of </b> <b>6/30/26</b> <b>)</b> </div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:12pt;margin-left:18pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169907.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:6pt;margin-left:18pt;"> <img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_12169786.jpg" style="margin-left: 29pt; width: 437pt;"/> </div><div style="font-weight:400;margin-top:0px;margin-bottom:10pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;margin-left:18pt;">* Amount represents less than .1%.</div> <div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:12pt;margin-left:18pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169907.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div> Technology Growth Portfolio Service Shares This semi-annual shareholder report contains important information about BNY Mellon Investment Portfolios, Technology Growth Portfolio (the “Fund”) for the period of January 1, 2026 to June 30, 2026. semi-annual shareholder report You can find additional information about the Fund at <span style="text-decoration-line:underline;color:rgb(0, 0, 0);line-height:7.5pt;word-break:break-all;white-space:nowrap;font-weight:400;font-family:'times new roman';font-size:10pt">www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1</span>. You can also request this information by calling 1-800-373-9387 (inside the U.S. only) or by sending an e-mail request to info@bny.com. www.bny.com/investments/us/en/intermediary/products/variable‑products.html#funds‑table‑tabs1 1-800-373-9387 info@bny.com <div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-bottom:2pt;"> <b>What were the Fund’s costs for the last </b> <b>six months</b> <b>?</b> </div><div style="font-weight:400;margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:10pt;line-height:11pt;margin-bottom:3pt;">(based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: left; width: 25%;">Share Class</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 30%;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 10pt; padding-left: 3pt; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); vertical-align: top; text-align: center; width: 40%;">Costs paid as a percentage of a $10,000 investment</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 6pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: left; text-indent: -6pt;">Service Shares</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;"><span style="float:none">$</span>66</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; padding-top: 1pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 9pt; line-height: 9pt; text-align: center; vertical-align: top;">1.12<span>%</span><span>*</span></td> </tr> </table><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid;margin-bottom:22pt"> <tr style="break-inside:avoid-page;page-break-inside:avoid;height:auto;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-style: normal; font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-size: 5pt; line-height: normal; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; width: 10pt; text-align: left; vertical-align: super;">*</td> <td style="font-weight: 400; break-inside: avoid-page; page-break-inside: avoid; margin-bottom: 0; font-family: 'Times New Roman'; font-size: 9pt; line-height: normal; font-style: normal; text-align: left; vertical-align: top; color: rgb(0, 0, 0); padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;"> <div style="font-weight:400;margin-top:0px;font-family:'times new roman';font-size:9pt;line-height:normal;font-style:normal;text-align:left;vertical-align:top;color:rgb(0, 0, 0);padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 66 0.0112 <div style="font-family:'times new roman';color:rgb(0, 0, 0);font-size:11pt;font-weight:bold;margin-top:0px;margin-bottom:0px;"> <b>KEY FUND STATISTICS (AS OF </b> <b>6/30/26</b> <b>)</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid;break-inside:avoid"> <tr style="break-after:avoid;break-inside:avoid-page;page-break-inside:avoid;height:auto;background-color:rgb(0, 72, 94);border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial"> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Fund Size (Millions)</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Number of Holdings</td> <td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Times New Roman'; font-size: 9pt; line-height: 9pt; font-weight: bold; color: rgb(255, 255, 255); padding-top: 1pt; padding-bottom: 10pt; padding-right: 3pt; padding-left: 3pt; width: 170pt; vertical-align: top; text-align: center;"><br/> Portfolio Turnover</td> </tr> <tr style="break-inside:avoid-page;page-break-inside:avoid;border-bottom-color:initial;border-bottom-style:none;border-bottom-width:initial;background-color:rgb(227, 235, 237);height:19pt"> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;"><span style="float:none">$</span>223</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">37</td> <td style="break-inside: avoid-page; page-break-inside: avoid; padding-right: 3pt; padding-left: 3pt; padding-top: 1pt; white-space: nowrap; width: 170pt; font-family: 'Times New Roman'; font-weight: normal; font-size: 9pt; line-height: 9pt; vertical-align: top; text-align: center; color: rgb(0, 0, 0); padding-bottom: 1pt; border-left-color: initial; border-left-style: none; border-left-width: initial;">22.73<span>%</span></td> </tr> </table> 223000000 37 0.2273 <div style="margin-top:0px;text-transform:uppercase;margin-bottom:3pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;"> <b>Portfolio Holdings (as of </b> <b>6/30/26</b> <b>)</b> </div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:12pt;margin-left:18pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169905.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div><div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Sector Allocation (Based on Net Assets)</b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:6pt;margin-left:18pt;"> <img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_12169787.jpg" style="margin-left: 29pt; width: 437pt;"/> </div><div style="font-weight:400;margin-top:0px;margin-bottom:10pt;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;line-height:normal;margin-left:18pt;">* Amount represents less than .1%.</div> <div style="margin-top:0px;font-family:'times new roman';color:rgb(0, 0, 0);font-size:9pt;font-weight:bold;letter-spacing:0px;text-transform:none;margin-bottom:0px;page-break-after:avoid;"> <b>Top Ten Holdings (Based on Net Assets)</b> <b> <sup style="vertical-align:super;font-size:smaller">*</sup> </b> </div><div style="font-family:'times new roman';font-size:9pt;font-weight:400;color:rgb(0, 0, 0);width:540pt;margin-bottom:12pt;margin-left:18pt;"> <img alt="Graphical Representation - Top N Holdings Chart" src="chartimages_12169905.jpg" style="margin-left: 50pt; width: 482pt;"/> </div><div style="font-weight:400;font-family:'times new roman';font-size:9pt;line-height:10pt;color:rgb(0, 0, 0);margin-top:-4pt;margin-bottom:0px;">* Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any.</div> Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any. Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any. Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any. Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any. During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. If this agreement is not extended in the future, expenses could be higher. During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. Annualized. Excludes money market funds or other short-term securities held for the investment of cash and cash collateral for securities loaned, if any. Annualized. Annualized. Annualized. During the period, fees were waived and/or expenses reimbursed pursuant to an agreement with the Fund’s investment adviser, BNY Mellon Investment Adviser, Inc. If this agreement is not extended in the future, expenses could be higher. Annualized. Amount represents less than .1%. Amount represents less than .1%.