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BKFI

GradeDNew York Stock Exchange Arca

BNY Mellon Active Core Bond ETF

Core US Bond · BNY Mellon · Inception 1987-01-01 · SEC filings

$23.21+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Jan 12, 2026.History starts Jan 12, 2026.
Intraday session: up, 20 prints from 23.20 to 23.21. Range 23.17 to 23.27. Use the arrow keys to read each point.$23.16$23.20$23.24$23.28Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.40%
Fund size
$246M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
281
Volume · 30D
0M sh
NAV per share
$23.26
52W range
low $22.57high $24.57

The ETF.net BKFI Grade

D

38/ 100

Rank 105 of 118 in US Aggregate Bond⁠

Confidence Medium

Six-pillar profile for BKFI. Scores out of 100: Cost 36, Risk 22, Mission not scored, Tradability 27, Holdings 80, Durability 57. Strongest: Holdings (80). Weakest: Risk (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 38 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 36
    Category rank72/118 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 22
    Category rank116/117 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 27
    Category rank91/118 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 80
    Category rank13/117 · top 11%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 57
    Category rank60/118 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BKFI

ETF.net Research

DAn actively run core bond portfolio in a corner of the market ruled by three-basis-point index trackers. Roughly 300 bonds picked by a manager chasing income plus capital appreciation, at active-management prices.

Stated mandate

The ETF seeks total return through capital appreciation and current income.

Why people hold it

  1. 01Genuinely active: a manager selects the roughly 300 holdings and can shift sectors and issues, rather than replicating whatever the aggregate index happens to hold.
  2. 02The strategy's track record dates to 1987, decades of running core bonds before it arrived in an ETF wrapper.
  3. 03Diversification is a strong point: hundreds of positions spread across the core bond market instead of a handful of concentrated bets.
  4. 04The mandate is total return, so current income and price appreciation are both in play, not yield alone.

Worth knowing

  1. 01At 0.40% it sits above the category median of 0.36%, and well above the 0.03% charged by index heavyweights like BND, SPAB and SCHZ.
  2. 02Assets sit in the smaller tier of this category and trading is moderate, so bid-ask spreads can run wider than at the giant index funds.
  3. 03Payouts follow an irregular schedule rather than a fixed monthly rhythm.

BKFI Holdings

As of Sep 21, 2026, 3:34 AM
Asset class
Bonds
Holdings
281
Top-10 weight
16%
Largest holding
FR QD2067 2 12/1/20512.3%
The fund’s holdings, weight-ordered — page 1 of 19.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—FR QD2067 2 12/1/20512.34%7,353,096$6M2
002—FR SL1860 5 6/1/20532.16%5,534,301$5M2
003—US TREASURY N/B 3.875 4/30/20311.73%4,426,000$4M2
004—FR SD4661 2.5 4/1/20521.65%4,964,857$4M2
005—FN FM3458 3 1/1/20501.42%4,103,466$3M2
006—FN FA1089 2.5 3/1/20521.41%4,253,686$3M2
007—US TREASURY N/B 3.75 5/15/20281.35%3,370,000$3M2
008—BROADCOM INC 4 4/15/20291.32%3,325,000$3M2
009—Net Current Assets1.28%3,133,856$3M132
010—US TREASURY N/B 4.625 2/15/20461.23%3,325,000$3M3
011—DEVON ENERGY CORPORATION 4.375 3/15/20291.20%3,000,000$3M1
012—FN BR9747 2 4/1/20511.11%3,531,134$3M2
013—FR SL1438 5.5 10/1/20541.11%2,797,910$3M2
014—FR SB0856 3.5 6/1/20351.08%2,766,074$3M1
015—FN FS9885 5.5 8/1/20531.03%2,587,321$3M2

Showing 1–15 of 285 holdings

BKFI Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BKFI$9,855
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. BKFI $9,855. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BKFI. Periods over one year show the average yearly return.
PeriodBKFI
Year to dateHistory unavailable—
1 month−0.9%
3 months−1.4%
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BKFI
YearReturn barBKFI
2026 YTD−1.5%

History from Jan 12, 2026

BKFI in the news

ETF.net Research hasn’t filed on BKFI yet — coverage lands here as it’s written.

BKFI Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.09 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 8 payments in 2026 YTD. Feb 2, 2026 $0.08; Mar 2, 2026 $0.08; Apr 1, 2026 $0.09; May 1, 2026 $0.09; Jun 1, 2026 $0.09; Jul 1, 2026 $0.09; Aug 3, 2026 $0.09; Sep 1, 2026 $0.09. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.09
Aug 3, 2026Aug 6, 2026$0.09
Jul 1, 2026Jul 7, 2026$0.09
Jun 1, 2026Jun 4, 2026$0.09
May 1, 2026May 6, 2026$0.09
Apr 1, 2026Apr 7, 2026$0.09
Mar 2, 2026Mar 5, 2026$0.08
Feb 2, 2026Feb 5, 2026$0.08

BKFI Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
No data available
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.49
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BKFI Cost

Expense ratio0.40%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

73 of the 112 US Aggregate Bond funds charge less.

BKFI costs $40.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.