BNY Mellon Short Duration Corporate Bond ETF (BKSB)
BNY Mellon Short Duration Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in MA, US. The stock last traded at $46.76, down 0.18% on the session, giving a market capitalisation of $42.3M. Its beta of 0.50 implies it has historically moved less than the broad market.
The fund aims to achieve its investment objective by committing at least 80% (and generally most) of its holdings to the debt securities comprising the Bloomberg US Corporate 1-5 Years Total Return Index. This benchmark tracks the segment of the bond market consisting of investment-grade, U.S. dollar-denominated, fixed-rate, taxable corporate bonds with remaining maturities ranging from one to five years. The fund operates as a non-diversified investment vehicle.
BNY Mellon Short Duration Corporate Bond ETF is most often compared with the following Financial Services names: