BKAG Profile
The
BNY Mellon Core Bond ETF is an exchange-traded fund that seeks to
provide investors with exposure to a broad range of investment-grade
U.S. fixed-income securities. The fund is managed by Mellon
Investments Corporation, a subsidiary of The Bank of New York Mellon
Corporation, one of the largest financial institutions in the world.
As of September 2021, the BKAG ETF had a net asset value of
approximately $528 million and held over 2,100 individual bonds. The
fund's portfolio is diversified across multiple fixed-income sectors,
including U.S. Treasury securities, corporate bonds, mortgage-backed
securities, and asset-backed securities. The fund's duration is
currently 6.29 years.
The BKAG ETF is designed to provide
investors with a way to generate income and potentially diversify
their portfolio through exposure to a broad range of fixed-income
securities. However, investors should be aware that investing in bonds
carries its own set of risks, including credit risk, inflation risk,
and interest rate risk.
The expense ratio for the BKAG ETF is
0.05%, which is relatively low compared to the expense ratios of other
bond funds. This may make the BKAG ETF an attractive option for
investors seeking low-cost exposure to a diversified portfolio of
investment-grade U.S. fixed-income securities.
Overall, the BNY
Mellon Core Bond ETF may be a suitable investment for investors
seeking exposure to a broad range of investment-grade U.S.
fixed-income securities. However, as with any investment, it is
important to conduct your own research and consider your investment
goals and risk tolerance before investing i
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