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BNY Mellon High Yield ETF
BKHY (BNY Mellon High Yield ETF) is an index High Yield Fixed Income ETF by BNY. With a 0.22% MER, it provides diversified exposure through 1,798 holdings. Monthly distribution with a 7.30% yield.
BKHY by BNY is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.22% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 7.30% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.