Key stats
About BNY Mellon Ultra Short Income ETF
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Inception date
Aug 9, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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.
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
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
Corporate
Cash
Bonds, Cash & Other100.00%
Corporate80.63%
Cash15.98%
Government3.40%
Stock breakdown by region
North America77.13%
Europe10.03%
Oceania9.65%
Asia3.18%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BKUI invests in bonds. The fund's major sectors are Corporate, with 80.63% stocks, and Government, with 3.40% of the basket. The assets are mostly located in the N/A region.
BKUI last dividends amounted to 0.18 USD. The month before, the issuer paid 0.19 USD in dividends, which shows a 4.16% decrease.
BKUI assets under management is 234.41 M USD. It's risen 1.18% over the last month.
BKUI fund flows account for 158.70 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, BKUI pays dividends to its holders with the dividend yield of 4.81%. The last dividend (Jul 7, 2025) amounted to 0.18 USD. The dividends are paid monthly.
BKUI shares are issued by The Bank of New York Mellon Corp. under the brand BNY Mellon. The ETF was launched on Aug 9, 2021, and its management style is Active.
BKUI expense ratio is 0.12% meaning you'd have to pay 0.12% of your investment to help manage the fund.
BKUI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BKUI invests in bonds.
BKUI price has risen by 0.11% over the last month, and its yearly performance shows a 0.59% increase. See more dynamics on BKUI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.46% over the last month, showed a 0.75% increase in three-month performance and has increased by 4.40% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.46% over the last month, showed a 0.75% increase in three-month performance and has increased by 4.40% in a year.
BKUI trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.