BNY Mellon High Yield ETFBNY Mellon High Yield ETFBNY Mellon High Yield ETF

BNY Mellon High Yield ETF

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Key stats


Assets under management (AUM)
‪340.52 M‬USD
Fund flows (1Y)
‪283.51 M‬USD
Dividend yield (indicated)
6.98%
Discount/Premium to NAV
0.7%

About BNY Mellon High Yield ETF


Issuer
The Bank of New York Mellon Corp.
Brand
BNY Mellon
Expense ratio
0.22%
Inception date
Apr 24, 2020
Index tracked
No Underlying Index
Management style
Active
BKHY is designed to provide exposure to the US high-yield bond market. Portfolio selection may include to bonds, ETFs, and derivatives that provide exposure to, or are included in, the Bloomberg US Corporate High Yield Total Return Index. The selection process relies on a proprietary credit model that aims to match the Indexs risk characteristics while seeking modest outperformance. This is achieved by adjusting the weightings of individual securities based on risk and relative value signals. As an actively managed ETF, the portfolio undergoes regular reviews and adjustments based on the sub-advisers objectives and market conditions, despite the Index being updated monthly. Derivatives used include futures, total return swaps, structured notes, and credit default swap indexes. Prior to July 1, 2024, the fund was named BNY Mellon High Yield Beta ETF and tracked the Bloomberg U.S. Corporate High Yield Total Return Index.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 7, 2024
Exposure type
StocksBonds, Cash & Other
Corporate
Stocks0.35%
Communications0.27%
Finance0.08%
Bonds, Cash & Other99.65%
Corporate99.45%
Municipal0.10%
Cash0.10%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows