BNY Mellon Responsible Horizons Corporate Bond ETF (RHCB)
BNY Mellon Responsible Horizons Corporate Bond ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $46.40, up 0.09% on the session, giving a market capitalisation of $23.2M. Its beta of 0.00 implies it has historically moved less than the broad market.
The BNY Mellon Responsible Horizons Corporate Bond ETF (RHCB) primarily commits its capital – typically dedicating a minimum of 80% of its net assets, alongside any borrowed funds used for investment – to corporate debt instruments. These securities are issued by companies that not only demonstrate compelling financial prospects but also exhibit commendable business practices, which are assessed through a robust Environmental, Social, and Governance (ESG) evaluation methodology. Furthermore, the fund predominantly invests in fixed-income securities that possess an investment-grade credit rating at the time of purchase, or are deemed by the fund's sub-adviser to be of comparable quality, even if unrated.
BNY Mellon Responsible Horizons Corporate Bond ETF is most often compared with the following Financial Services names: