Key stats
About BNY Mellon US Large Cap Core Equity ETF
Home page
Inception date
Apr 9, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BNY Mellon ETF Investment Adviser LLC
Distributor
BNY Mellon Securities Corp.
BKLC is the first ETF to launch with zero total operating expenses (without waivers). The fund provides concentrated exposure to the large-cap equity sector of the US market by tracking an index comprised of the top 500 corporations. Initially, the index universe is filtered to include exclusively US common stocks and Real Estate Investment Trust (REITs) listed on a domestic exchange. These eligible securities are organized and ranked in descending order based on their market capitalization. Moreover, the investment mix may include ETFs and derivatives that offer similar economic exposure. All securities within the top 500 are chosen as constituents and weighted in the same manner. The index is rebalanced every quarter in February, May, August, and November. Prior to November 15, 2023, the fund tracked the Morningstar US Large Cap Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.78%
Technology Services22.14%
Electronic Technology20.92%
Finance14.63%
Retail Trade8.13%
Health Technology7.82%
Consumer Non-Durables3.78%
Producer Manufacturing3.22%
Consumer Services2.97%
Utilities2.42%
Energy Minerals2.27%
Consumer Durables2.17%
Transportation1.97%
Process Industries1.40%
Health Services1.37%
Commercial Services1.12%
Industrial Services1.07%
Communications0.96%
Distribution Services0.70%
Non-Energy Minerals0.68%
Miscellaneous0.04%
Bonds, Cash & Other0.22%
Cash0.22%
Stock breakdown by region
North America97.16%
Europe2.61%
Latin America0.23%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BKLC invests in stocks. The fund's major sectors are Technology Services, with 22.14% stocks, and Electronic Technology, with 20.92% of the basket. The assets are mostly located in the North America region.
BKLC top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 6.62% and 6.52% of the portfolio correspondingly.
BKLC last dividends amounted to 0.33 USD. The quarter before, the issuer paid 0.36 USD in dividends, which shows a 6.94% decrease.
BKLC assets under management is 3.40 B USD. It's risen 31.21% over the last month.
BKLC fund flows account for 747.66 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BKLC pays dividends to its holders with the dividend yield of 1.20%. The last dividend (Apr 4, 2025) amounted to 0.33 USD. The dividends are paid quarterly.
BKLC shares are issued by The Bank of New York Mellon Corp. under the brand BNY Mellon. The ETF was launched on Apr 9, 2020, and its management style is Passive.
BKLC expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
BKLC follows the Solactive GBS United States 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BKLC invests in stocks.
BKLC price has risen by 6.60% over the last month, and its yearly performance shows a 13.15% increase. See more dynamics on BKLC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.94% over the last month, showed a 3.75% increase in three-month performance and has increased by 14.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.94% over the last month, showed a 3.75% increase in three-month performance and has increased by 14.78% in a year.
BKLC trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.