BKMIBNY Mellon Municipal Intermediate ETF
Seeks to maximize current income exempt from federal income tax while preserving capital.
By BNY Mellon · Launched 2000
Annual Cost
0.35%
#1,699 of 6,040 · low cost
Fund Size
$1.7B
#884 of 6,040 · large
Return (1Y)
N/A
Track Record
25 years
#120 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$9,785-2.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Active selection
Index tracked
Bloomberg US Municipal Bond Index
Holdings
By weightConcentration
Top 10 holdings = 7.8% of funddiversified
MARICOPA CNTY ARIZ INDL DEV AUTH
1.0%
ILLINOIS ST
0.9%
RHODE ISLAND ST
0.9%
NEW YORK LIBERTY DEV CORP
0.9%
PORTLAND (OR), CITY OF
0.8%
WASHINGTON ST
0.7%
TOBACCO SETTLEMENT FING CORP N J
0.7%
MIAMI-DADE CNTY FLA EDL FACS AUTH
0.7%
TEXAS TRANSPORTATION COMMISSION (TX)
0.6%
METROPOLITAN TRANSN AUTH N Y
0.6%
Asset allocation
Bonds
99.8%
Cash
0.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-3.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
4.6 years
Avg maturity
10.3 years
Credit ratings
AAA
9.2%
AA
41.1%
A
38.4%
BBB
9.2%
BB
0.6%
Other
1.4%
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks to maximize current income exempt from federal income tax while preserving capital.
- Strategy
- Invests primarily in municipal bonds rated investment grade to maximize current income exempt from federal income tax. The sub-adviser actively trades among various sectors and securities based on relative value and employs fundamental credit analysis to identify undervalued opportunities.
- Inception date
- October 2, 2000
- Fund family
- BNY Mellon
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Data updated on 2026-09-18