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*An inflation link is an agreement, either through a contract or with regulators or other means, that allows a company to adjust their pricing of materials or services based on an inflation measure, such as PPI (Producer Price Index) or CPI (Consumer Price Index). Most fully regulated businesses require that the regulated entity have their returns reviewed on a regular basis, which adjust to take into account the cost of capital.
NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.
Market Price - The market price is the most recent official closing price for the listed exchange.
Dividend Yield (Annualized) - The dividend yield is the ratio of the fund’s annual dividend compared to it’s share price.
Price/Earnings Ratio - Price-to-earnings (P/E) is the ratio of the market price of a firm’s common stock to its current (or predicted) earnings per share.
Price/Book Ratio - Price-to-book value (P/B) is a ratio used to compare a stock's market value with its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value (assets minus liabilities).
Weighted Avg Market Cap - Weighted average market cap is the average market capitalization of corporations in a fund or index, weighted by the percentage of the holding in the fund or index.
|As of 12/02/22 NAME||
BNY Mellon Global Infrastructure Income ETF
30-Day SEC Yield - 30-Day SEC Yield is based upon dividends per share from net investment income during the past 30 days, divided by the period ended maximum offering price per share and annualized. Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.
30-Day Median Bid-Ask Spread - Provides investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.
20-Day Avg Volume - 20-Day Average Volume is the sum of last 20 days of trading volume divided by 20 days.
Premium / Discount - The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.
|Fees as stated in the prospectus Fee Description||Total Expense Ratio (%)|
The Total Expenses is the actual fund expense ratio applicable to investors.
The fund's investment adviser is BNY Mellon ETF Investment Adviser, LLC and the fund's sub-adviser is Newton Investment Management North America LLC, an affiliate of the Adviser.
James A. Lydotes, CFA and Brock Campbell, CFA are the fund's primary portfolio managers. Mr. Lydotes has been the lead primary portfolio manager and Mr. Campbell has been a primary portfolio manager of the fund since its inception in November 2022. Mr. Lydotes is deputy chief investment officer of equity at Newton. Mr. Campbell is the head of global equity research at Newton. Each portfolio manager is jointly and primarily responsible for the day-to-day management of the fund's portfolio.
|Holdings||% Portfolio Weight|
|ANTERO MIDSTREAM CORP||6.11|
|MEDICAL PROPERTIES TRUST||6.05|
|HESS MIDSTREAM LP - CLASS||4.28|
|CLEARWAY ENERGY INC-C||3.93|
|DEUTSCHE POST AG-REG||3.70|
|DOMINION ENERGY INC||3.19|
|OMEGA HEALTHCARE INVESTOR||3.17|
|DRAX GROUP PLC||3.12|
|WILLIAMS COS INC||2.43|
|JIANGSU EXPRESS CO LTD-H||1.90|
|RED ELECTRICA CORPORACION||1.74|
|VERIZON COMMUNICATIONS IN||1.52|
|DREYFUS INSTITUTIONAL PRE||1.50|
|SFL CORP LTD||0.83|
|Net Current Assets||0.04|
|HONG KONG DOLLAR||0.00|
% Portfolio Weight is calculated using the closing market price of each security from the prior business day.
ETFs trade like stocks, are subject to investment risk, including possible loss of principal.
Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees. Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.
There is no guarantee that dividend-paying companies will continue to pay, or increase, their dividend. High-dividend stocks may not experience the same capital appreciation as non-dividend paying stocks during periods of high growth for equities.
Because the fund invests significantly in companies that are engaged in the infrastructure business, the fund is more susceptible to adverse economic, regulatory, political, legal and other changes affecting such companies. Infrastructure companies are subject to a variety of factors that may adversely affect their business or operations, including high interest costs in connection with capital construction programs, costs associated with environmental and other regulations, difficulty in raising capital in adequate amounts on reasonable terms in periods of high inflation or unsettled capital markets, the effects of economic slowdown and surplus capacity, increased competition from other providers of services, uncertainties concerning the availability of fuel at reasonable prices, the effects of energy conservation policies, service interruption due to environmental, operational or other mishaps, and other factors.
The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund.
Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.
Although fund shares are listed for trading on an exchange and may be listed or traded on other U.S. and non-U.S. stock exchanges as well, there can be no assurance that an active trading market for such fund shares will develop or be maintained. Trading in fund shares may be halted due to market conditions or for reasons that, in the view of the listing exchange, make trading in fund shares inadvisable. In addition, trading in fund shares on an exchange is subject to trading halts caused by extraordinary market volatility pursuant to exchange "circuit breaker" rules. There can be no assurance that the requirements of the listing exchange necessary to maintain the listing of the fund will continue to be met or will remain unchanged or that fund shares will trade with any volume, or at all, on any stock exchange.
Please refer to the prospectus for a more complete discussion of the fund's main risks.