Key stats
About BNY Mellon High Yield ETF
Home page
Inception date
Apr 24, 2020
Structure
Open-Ended Fund
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.
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
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
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.