Historical Prices

Start Date End Date

BNY Mellon Ultra Short Income ETF (BKUI)

  • CUSIP 09661T859
  • NAV  $49.70 As of  01/21/22
  • CHG  $0.01 (0.02%)
  • MKT PRICE  $49.69 As of  01/21/22
  • CHG  $-0.01 (-0.02%)
  • TOT EXPENSE RATIO  0.12%

Why invest in this Fund?


• The fund aims to provide high current income while also seeking to provide low volatility and maintenance of liquidity.
• The fund may be appropriate for investors looking for more attractive yields than money market vehicles while also focusing on volatility management and downside protection.
• Experienced cash management team focuses on total return with active risk management.
• Liquid ETF structure allows investors to buy or sell any time the market is open.
INCEPTION DATE
08/09/21
NET ASSETS
$27,334,944  As of  01/21/22
NUMBER OF SHARES OUTSTANDING
550,001As of  01/21/22
Current Yield
0.68%As of 01/21/22
MARKET PRICE 52-WEEK HIGH
$50.04 As of 08/31/21
MARKET PRICE 52-WEEK LOW
$49.69 As of 01/21/22
AVG EFFECTIVE DURATION
0.87 yr(s).As of  12/31/21
WEIGHTED AVG YIELD TO MATURITY
0.67%As of  12/31/21
WEIGHTED AVG MATURITY
1.33 yr(s).As of  12/31/21
DISTRIBUTION FREQUENCY
Monthly
Number of Holdings
61As of  12/31/21
SUB-ASSET CLASS
Taxable
EXCHANGE
NYSE-Arca

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 price at which the fund was traded.

Current Yield - (Sum of 30 days of net investment income/sum of 30 days of net assets) * (365*100)

Avg Effective Duration - It is used to measure the market price sensitivity of the fund’s portfolio holdings to changes in interest-rates. Duration is not a complete measure of bond risk and may not be successful.

Weighted Avg Yield to Maturity - The averaged total return anticipated on a group of bonds if held until their maturity.

Weighted Avg Maturity - A measure of the average maturity of all of the underlying security instruments in the fund, weighted to reflect the relative percentage ownership of each instrument, and taking into account applicable “maturity shortening” provisions.

Portfolio Managers

  • Murphy, Stephen

    Stephen Murphy, CFA

    Senior Portfolio Manager, Dreyfus Cash Investment Strategies

    1 yr(s). on fund

  • Honko, Anthony

    Anthony Honko

    Portfolio Manager, Dreyfus Cash Investment Strategies

    1 yr(s). on fund


Daily Statistics

As of 01/21/22 NAME 30-DAY
SEC YIELD
(WITHOUT WAIVER)
30-DAY
SEC YIELD
(WITH WAIVER)
30-DAY MEDIAN 
BID/ASK 
SPREAD
PREVIOUS DAY
VOLUME
20-DAY AVG 
VOLUME
PREMIUM/ 
DISCOUNT
BNY Mellon Ultra Short Income ETF
0.46% 0.46% 0.04% 8 1,582 -0.02%

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 - Gives 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.


Total Returns

MARKET VALUE
Average Annual
As of 12/31/21
Name 3 MO
12/31/21
YTD
12/31/21
1 YR 3 YRS 5 YRS 10 YRS Since Inception
BNY Mellon Ultra Short Income ETF
BKUI
-0.27 - - - - - -
ICE BofA Merrill Lynch 3-Month U.S. Treasury Bill Index
0.01 0.05 0.05 0.99 1.14 0.63 -
MARKET VALUE
Average Annual
As of 12/31/21
Name 3 MO
12/31/21
YTD
12/31/21
1 YR 3 YRS 5 YRS 10 YRS Since Inception
BNY Mellon Ultra Short Income ETF
BKUI
-0.27 - - - - - -
ICE BofA Merrill Lynch 3-Month U.S. Treasury Bill Index
0.01 0.05 0.05 0.99 1.14 0.63 -

The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted.

The ICE BofA Merrill Lynch 3-Month U.S. Treasury Bill Index is comprised of a single issue purchased at the beginning of the month and held for a full month. At the end of the month that issue is sold and rolled into a newly selected issue. The issue selected at each month-end rebalancing is the outstanding Treasury bill that matures closest to, but not beyond, three months from the rebalancing date. To qualify for selection, an issue must have settled on or before the month-end rebalancing date. Investors cannot invest directly in any index.

Growth of $10,000 Investment

Historical NAV and Market Price

    Historical Premium/Discount

    Premium/Discount


    Prospectus Fee Table Expense Ratios

    Fees as stated in the prospectus  Fee Description Total Expense Ratio (%)
    Management Fee 0.12%
    Other Expenses 0.00%
    Total Expenses 0.12%

    The Total Expenses is the actual fund expense ratio applicable to investors.



    Portfolio Manager/Sub-Investment Advisor

    The fund's investment adviser is BNY Mellon ETF Investment Adviser, LLC, and the fund's sub-adviser is Dreyfus Cash Investment Strategies, a division of Mellon Investments Corporation (Mellon), which is an affiliate of the Adviser. Stephen Murphy and Anthony Honko are the fund's primary portfolio managers. Each portfolio manager has been a primary portfolio manager of the fund since its inception in August 2021. Mr. Murphy is Vice President and Senior Portfolio Manager at Mellon, where he is responsible for managing a variety of high-grade multi-sector portfolios. Mr. Honko is a Vice President and Portfolio Manager at Mellon, where he is responsible for managing a variety of high-grade multi-sector portfolios. Each portfolio manager is jointly and primarily responsible for the day-to-day management of the fund's portfolio.

    Holdings

    As of 01/24/22
    Holdings % Portfolio Weight
    SVENSKA HANDEL 06/09/2022 3.11
    SWEDBANK FOREN 04/04/2022 2.93
    UNITED OVERSEA 06/10/2022 2.92
    GOLDMAN SACHS 3.625 1/23 2.82
    LMA S A / LMA 02/09/2022 2.74
    MITSUBISHI CP 02/10/2022 2.74
    NATIONAL BK CD 02/18/2022 2.74
    COLLATERIZED C 02/28/2022 2.74
    SHEFFIELD RECE 04/05/2022 2.74
    WESTPAC SECS N 05/05/2022 2.74
    COOPERATIEVE R 05/06/2022 2.74
    SKANDINAVISKA 05/02/2022 2.74
    DNB NORBANK AS 07/06/2022 2.74
    ASB FINANCE LI 08/01/2022 2.74
    CANADIAN IMPER 08/12/2022 2.74
    AUSTRALIA & NE 11/08/2018 2.73
    BPCE SA 0 CP 11/08/2022 2.73
    SOCIETE GENERA 11/07/2022 2.73
    LANDESBANK BAD 02/04/2022 1.83
    BANK OF NOVA S 07/28/2022 1.83
    NORDEA BK ABP 0.19 09/22 1.83
    ASB BANK LIMIT 3.125 5/24 1.33
    VERIZON COMM INC FRN 3/24 1.29
    CHARLES SCHWAB FRN 3/24 1.28
    BANK OF MONTREA FRN 12/23 1.28
    ENBRIDGE INC FRN 2/23 1.28
    AT&T INC FRN 3/24 1.28
    HAROT 2021-3 A3 11/25 1.26
    FORDL 2021-B A4 12/24 1.26
    HALST 2021-C A4 9/25 1.26
    AMER INTL GROU 4.125 2/24 1.16
    AMERICAN EXPRESS 3.4 2/24 1.14
    PNC FINANCIAL 3.5 1/24 1.14
    GLAXOSMITHKLINE 3 6/24 1.14
    FORDF 2019-2 A 4/26 1.14
    CREDIT AGRICOLE 3.75 4/23 1.13
    AMERICAN HONDA F 2.9 2/24 1.13
    ABBVIE INC 2.6 11/24 1.12
    KCOT 2020-1A A4 7/26 1.12
    ROYAL BK CANADA FRN 1/25 1.10
    BMW US CAP LLC FRN 8/24 1.10
    BANK OF AMER CRP FRN 5/24 1.10
    BANK NOVA SCOTIA FRN 1/25 1.10
    CATERPILLAR FINL FRN 1/24 1.10
    TOYOTA MTR CRED FRN 1/25 1.10
    SHEFFIELD RECE 02/08/2022 1.10
    WESTPAC BANKING FRN 11/24 1.10
    CAN IMPERIAL BK FRN 12/23 1.10
    DRIVE 2021-2 A3 3/25 1.09
    GFORT 2020-1 A 8/25 1.09
    OSCAR 2021-1A A3 4/25 1.09
    PEPSICO INC 0.4 10/23 1.09
    JOHN DEERE CAP 0.45 1/24 1.08
    SUMITOMO MITSU 0.508 1/24 1.08
    ASTRAZENECA FIN 0.7 5/24 1.08
    SALESFORCE.COM 0.625 7/24 1.08
    NORDEA BANK AB 0.625 5/24 1.08
    UBS AG LONDON 0.45 2/24 1.08
    STARBIRD FDG C 04/20/2022 0.91
    DREYFUS INSTITUTIONAL PRE 0.86
    Net Current Assets 0.16

    Asset Allocation

        Main Risks

        ETFs trade like stocks, are subject to investment risk, including possible loss of principal.

        Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines.

        Commercial paper is a short-term obligation with a maturity generally ranging from one to 270 days and is issued by U.S. or foreign companies or other entities in order to finance their current operations. Such investments are unsecured and usually discounted from their value at maturity.

        While the U.S. Government guarantees the timely payment of principal and interest on its securities, portfolios that invest in such securities are not guaranteed and will fluctuate in value.

        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.

        Please refer to the prospectus for a more complete discussion of the fund's main risks.

        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.


        Dividend Schedule

        Declared
        Monthly
        Distributed
        Monthly
        Paid
        Monthly
        Fiscal Year End
        Jun 30

        Distributions History

        (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
        CAPITAL GAIN
        LONG-TERM 
        CAPITAL GAIN
        RETURN OF CAPITAL TOTAL DISTRIBUTION
        12/29/21 12/30/21 01/04/22 0.0313 0.0000 0.0000 - 0.0313
        (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
        CAPITAL GAIN
        LONG-TERM 
        CAPITAL GAIN
        RETURN OF CAPITAL TOTAL DISTRIBUTION
        12/01/21 12/02/21 12/07/21 0.0262 0.0000 0.0000 - 0.0262
        11/01/21 11/02/21 11/05/21 0.0179 0.0000 0.0000 - 0.0179
        10/01/21 10/04/21 10/07/21 0.0198 0.0000 0.0000 - 0.0198
        09/01/21 09/02/21 09/08/21 0.0125 0.0000 0.0000 - 0.0125

        Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains that and other information about the fund, and read it carefully before investing.

        ETF shares are listed on an exchange, and shares are generally purchased and sold in the secondary market at market price. At times, the market price may be a premium or discount to the ETF's per share NAV. In addition, ETFs are subject to the risk that an active trading market for an ETF's shares may not develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions.

        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. The risks of investing in this ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

        The fund will issue (or redeem) fund shares to certain institutional investors known as “Authorized Participants” (typically market makers or other broker-dealers) only in large blocks of fund shares known as “Creation Units.” BNY Mellon Securities Corporation (“BNYMSC”), a subsidiary of the BNY Mellon, serves as distributor of the fund. BNYMSC does not distribute fund shares in less than Creation Units, nor does it maintain a secondary market in fund shares. BNYMSC may enter into selected agreements with Authorized Participants for the sale of Creation Units of Creation Units of fund shares.

        Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

        The BNY Mellon ETFs are not sponsored, endorsed, sold or promoted by Morningstar, Inc. or Bloomberg Index Services Limited (together the “index provider”) and have been licensed for use for certain purposes by BNY Mellon. The index provider makes no representation regarding the advisability of investing in BNY Mellon ETFs. The index provider determines the composition of the index and relative weightings of the securities in the index, which is subject to change by the index provider.

        This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

        Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.