BNY Mellon Ultra Short Income ETFBNY Mellon Ultra Short Income ETFBNY Mellon Ultra Short Income ETF

BNY Mellon Ultra Short Income ETF

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Key stats


Assets under management (AUM)
‪91.76 M‬USD
Fund flows (1Y)
‪61.91 M‬USD
Dividend yield (indicated)
4.96%
Discount/Premium to NAV
−0.02%

About BNY Mellon Ultra Short Income ETF


Issuer
The Bank of New York Mellon Corp.
Brand
BNY Mellon
Expense ratio
0.12%
Inception date
Aug 9, 2021
Index tracked
No Underlying Index
Management style
Active
BKUI is the first active ETF offered by BNY Mellon. While the fund typically invests in a broad basket of investment-grade, USD-denominated fixed income securities including corporate debt, asset-backed securities, repurchase agreements, US Treasurys, and other government-backed loans, it normally allocates at least 25% in the banking industry. The fund manager aims for an optimal portfolio with a focus on preservation of capital and downside protection through a combination of overnight investments and short-term, highly liquid securities. In selecting securities, BKUI uses a proprietary top-down and bottom-up investment process to identify global investment themes and risk, outperforming sectors, and undervalued securities, and to manage duration and yield curve positioning. The fund seeks to maintain a portfolio with an average credit rating of at least A and an effective duration of one year or less.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Ultra-short term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Cash
Bonds, Cash & Other100.00%
Corporate69.38%
Cash25.39%
Government3.55%
Miscellaneous1.64%
Securitized0.04%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.