Key stats
About BNY Mellon High Yield ETF
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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
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
Bonds, Cash & Other100.00%
Corporate99.35%
Cash0.32%
Miscellaneous0.25%
Municipal0.07%
Stock breakdown by region
North America91.01%
Europe7.26%
Asia1.18%
Oceania0.48%
Middle East0.06%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history