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BNY Mellon Ultra Short Income ETF
BKUI (BNY Mellon Ultra Short Income ETF) is an index US Dividend Equity ETF by BNY. With a 0.12% MER, it provides diversified exposure through 5,303 holdings. Monthly distribution with a 4.47% yield.
BKUI 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 0.12% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 4.47% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.