BKMSBNY Mellon Municipal Short Duration ETF

Get income25y track recordRanked #369 of 1,622 in this goal

The fund seeks to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital.

By BNY Mellon · Launched 2000

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$438M

#1,680 of 5,562 · large

Dividend YieldGoal

2.45%

Track Record

25 years

#119 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,064+0.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Asset allocation

Bonds

97.0%

Cash

3.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-0.9%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

4.5 years

Avg maturity

10.3 years

Credit ratings

AAA

9.9%

57.3%

24.9%

BBB

4.6%

0.4%

Other

2.9%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: The fund seeks to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital.
Strategy: To pursue its goal, the fund normally invests at least 80% of its net assets in municipal bonds that provide income exempt from U.S. federal income tax. The sub-adviser focuses on identifying undervalued sectors and securities, using fundamental credit analysis to select bonds and actively trading among various sectors based on their relative values. The fund typically invests in investment grade municipal and taxable bonds, with an average effective portfolio maturity not exceeding five years and an average effective duration not exceeding three years.
Inception date: October 2, 2000
Fund family: BNY Mellon