BNY Mellon High Yield Beta ETF (BKHY)
47.64
-0.01
(-0.02%)
USD |
NYSEARCA |
Mar 28, 12:16
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.22% | 0.21% | 285.29M | 20914.87 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
8.67% | 35.81% | -38.87M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to track the performance of the Bloomberg US Corporate High Yield Total Return Index. The fund uses a rules-based, systematic investment strategy that seeks to track an index designed to measure the performance of the high yield bond market. To pursue its goal, the fund normally invests substantially all, but at least 80%, of its assets in bonds comprising the Bloomberg US Corporate High Yield Total Return Index. The Bloomberg US Corporate High Yield Total Return Index is designed to measure the U.S. dollar-denominated, high yield (junk), fixed-rate, taxable corporate bond market. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | BNY Mellon |
Prospectus Benchmark Index | |
Bloomberg US Corporate High Yield TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Manuel Hayes | 3.86 yrs |
Paul Benson | 3.86 yrs |
Stephanie Shu | 3.86 yrs |
Performance Versus Category
As of March 27, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2024.
Basic Info
Investment Strategy | |
The investment seeks to track the performance of the Bloomberg US Corporate High Yield Total Return Index. The fund uses a rules-based, systematic investment strategy that seeks to track an index designed to measure the performance of the high yield bond market. To pursue its goal, the fund normally invests substantially all, but at least 80%, of its assets in bonds comprising the Bloomberg US Corporate High Yield Total Return Index. The Bloomberg US Corporate High Yield Total Return Index is designed to measure the U.S. dollar-denominated, high yield (junk), fixed-rate, taxable corporate bond market. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Growth |
Fund Owner Firm Name | BNY Mellon |
Prospectus Benchmark Index | |
Bloomberg US Corporate High Yield TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Manuel Hayes | 3.86 yrs |
Paul Benson | 3.86 yrs |
Stephanie Shu | 3.86 yrs |