Skip to content
etf.net

Launched · SEC filings

BNY Mellon Active Core Bond ETF

BKFINYSE ArcaBNY MellonC

$23.16+0.08 (+0.33%)

As of Nov 2, 2026, 3:57 PM ET

C54/ 100

Rank 72 of 116 in US Aggregate Bond

C54/100Rank 72 of 116inUS Aggregate Bond
Intraday session: up, 72 prints from 23.08 to 23.16. Range 23.08 to 23.20. Use the arrow keys to read each point.23.1023.1323.1823.2010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$246M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
288
Avg volume · 30D
29.5K sh
52W range
low $22.57high $24.57
Launched
Filings
SEC EDGAR

The ETF.net BKFI Grade

C

Score 54 out of 100

Category
US Aggregate Bond⁠
Rank
72 of 116
Six-pillar profile for BKFI. Scores out of 100: Cost 36, Risk 38, Mission 95, Tradability 27, Holdings 71, Durability 55. Strongest: Mission (95). Weakest: Tradability (27). Leans toward Mission.

Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D36 out of 100
    Rank 67 of 115

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A95 out of 100
    Rank 66 of 100

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D38 out of 100
    Rank 87 of 116

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D27 out of 100
    Rank 99 of 116

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A71 out of 100
    Rank 28 of 115

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 60 of 116

Our read on BKFI

ETF.net Research

In short

CAn 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

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

Worth knowing

  • At 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.
  • Assets 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.
  • Payouts follow an irregular schedule rather than a fixed monthly rhythm.

BKFI Performance

Launched Jan 1, 1987

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
BKFI$9,984
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. BKFI $9,984. SPY $10,141. Use the arrow keys to read each point.$9,750$10,000$10,250$10,500Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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 unavailableNo data
1 month+1.9%
3 months−0.2%
1 yearHistory unavailableNo data
3 yearsHistory unavailableper yearNo data
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper yearNo data

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−1.3%

History from Jan 12, 2026

BKFI in the news

BKFI Dividends

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. 9 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; Oct 1, 2026 $0.09. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.09
Oct 1, 2026Oct 6, 2026$0.09
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

Risk pillarD38 out of 100Rank 87 of 116 in US Aggregate Bond
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.

FMP measures it over up to five years of monthly returns.

BKFI Cost

Compare BKFI and BKAG

Overpaying vs BKAG, cheapest in US Aggregate Bond

$8,090

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BKFI 0.40%

    $8,090

  • BKAG 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • BKFI 0.40%
  • BKAG 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530BKFI $8,090BKAG $0

Year by year

YearBKFIBKAGOverpaying
10$723$0$723
20$2,793$0$2,793
30$8,090$0$8,090

Other funds in US Aggregate Bond

See others