BNY Mellon Active Core Bond ETF
$22.82+0.04 (+0.15%)
- 0.40%
- $241M
- 0M sh
- $22.81
- low $22.57high $24.57
The ETF.net BKFI Grade
C
Score 54 out of 100
- 72 of 117
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.D37 out of 100Rank 68 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.A96 out of 100Rank 64 of 101Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D30 out of 100Rank 107 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D27 out of 100Rank 99 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 18 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 62 of 117
Our read on BKFI
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.
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 Holdings
- Bonds
- 284
- 18%
- Us Treasury N/B 5.125 8/15/2046
BKFI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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BKFI$9,725
Returns run to the Oct 12, 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.
| Period | BKFI |
|---|---|
| Year to date | — |
| 1 month | −1.1% |
| 3 months | −2.8% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BKFI |
|---|---|---|
| 2026 YTD | −2.9% |
BKFI in the news
Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
Head-to-Head
iShares Core U.S. Aggregate Bond ETF and Vanguard Total Bond Market ETF have returned almost the same
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
BKFI Dividends
- $0.09 per share
- Monthly
Distribution data unavailable.
Distribution history
BKFI Risk
- —
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.
- —
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.
- —
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.
- 0.49
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
0.40%
BKFI0.40%
- The middle half of US Aggregate Bond funds
- Median 0.34%
71 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- BTOTLState Street DoubleLine Total Return Tactical ETFExpense ratio 0.55%1 year return −2.6%
- BAGGSHarbor Disciplined Bond ETF (AGGS)Expense ratio 0.35%1 year return −1.3%
- CUCONFirst Trust Smith Unconstrained Bond ETFExpense ratio 0.86%1 year return −1.0%
- CBCPLBNY Mellon Core Plus ETFExpense ratio 0.40%1 year return —
- CBLTDBluemonte Long Term Bond ETFExpense ratio 0.28%1 year return −5.4%