BKSB Profile
The
BNY Mellon Short-Duration Corporate Bond ETF is an exchange-traded
fund that seeks to provide investors with exposure to investment-grade
corporate bonds with relatively short durations. 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 BKSB ETF had a net asset
value of approximately $165 million and held over 1,500 individual
bonds. The fund's portfolio is primarily composed of corporate bonds
with maturities between one and five years, and the fund's average
duration is approximately 2.5 years.
The BKSB ETF is designed
to provide investors with a way to generate income while minimizing
interest rate risk. By investing in short-duration bonds, the fund is
less susceptible to fluctuations in interest rates than
longer-duration bond funds. However, investors should be aware that
investing in bonds carries its own set of risks, including credit
risk, inflation risk, and liquidity risk.
Overall, the BNY
Mellon Short-Duration Corporate Bond ETF may be a suitable investment
for investors seeking exposure to investment-grade corporate bonds
with relatively short durations and a desire to minimize interest rate
risk. 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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