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BNY Mellon High Yield ETF (BKHY)

45.84 -0.13 (-0.28%)
At close: October 30 at 4:00:00 PM EDT
Trade BKHY on Coinbase

ETF Summary

The fund seeks to provide diversified investment exposure to the U.S. high yield bond market. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in high yield securities and ETFs providing exposure to such securities. It's policy with respect to the investment of at least 80% of its net assets may be changed by the fund's board, upon 60 days' prior notice to shareholders. The fund's managers consider high yield securities to be securities with ratings that qualify for inclusion in the index.

ETF Overview

Category High Yield Bond
Fund Family BNY Mellon
Net Assets 169.01M
YTD Daily Total Return 0.64%
Yield 7.59%
Legal Type Exchange Traded Fund

ETF Operations

Attributes BKHY Category Average
Annual Report Expense Ratio (net)
0.22% 0.85%
Holdings Turnover
76.63% 74.32%
Total Net Assets
0.00 0.00

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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