BKAG

BNY Mellon Core Bond ETF

$42.45

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The BNY Mellon Core Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg Barclays U.S. Aggregate Bond Index.

Overview

ETF tracking BNY Mellon Core Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2020-04-24

Market Cap $2.0B

Average Volume N/A

Dividend Yield 3.47%

52-Week Range $40.77 - $43.07

VWAP $42.49

Performance

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Investment Summary

📎 Investment Objective

The BNY Mellon Core Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg Barclays U.S. Aggregate Bond Index.

🎯 Investment Strategy

The ETF invests in a portfolio of fixed-income securities that are designed to track the performance of the Bloomberg Barclays U.S. Aggregate Bond Index. This index is a broad-based benchmark that measures the investment-grade, U.S. dollar-denominated, fixed-rate taxable bond market.

✨ Key Features

Seeks to track the performance of the Bloomberg Barclays U.S. Aggregate Bond Index
Invests in a diversified portfolio of investment-grade fixed-income securities
Low expense ratio of 0.00%
Suitable for investors seeking broad exposure to the U.S. investment-grade bond market

⚠️ Primary Risks

Interest rate risk: Bond prices may decline due to rising interest rates
Credit risk: The risk that issuers may fail to make timely interest and principal payments
Liquidity risk: The risk that the ETF may have difficulty selling certain securities at an advantageous time or price
Tracking error risk: The ETF may not perfectly track the performance of its underlying index

👤 Best For

The BNY Mellon Core Bond ETF may be suitable for investors seeking broad exposure to the U.S. investment-grade bond market as part of a diversified portfolio. It may be particularly appropriate for investors with a moderate risk tolerance and a medium-term investment horizon.