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BKMS

GradeCNASDAQ Global Market

BNY Mellon Municipal Short Duration ETF

Municipal Bond · BNY Mellon · Inception 2000-10-02 · SEC filings

$25.11−0.07 (−0.28%)

As of Sep 23, 2026, 2:14 PM EDT

History starts Jan 12, 2026.History starts Jan 12, 2026.
Intraday session: down, 47 prints from 25.18 to 25.11. Range 25.08 to 25.16. Use the arrow keys to read each point.$25.08$25.10$25.12$25.14$25.1610 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$431M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
253
Volume · 30D
0M sh
NAV per share
$25.19
52W range
low $25.17high $25.81

The ETF.net BKMS Grade

C

51/ 100

Rank 25 of 28 in Short-Duration Municipal Bonds⁠

Confidence High

Six-pillar profile for BKMS. Scores out of 100: Cost 7, Risk 42, Mission 100, Tradability 55, Holdings 65, Durability 66. Strongest: Mission (100). Weakest: Cost (7). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 51 of 100 sits in the C 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.
    FScore 7
    Category rank25/28 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank3/27 · top 11%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 42
    Category rank21/27 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 55
    Category rank12/28 · top 43%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank10/28 · top 36%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank9/28 · top 32%

Graded as of Sep 22, 2026

Our read on BKMS

ETF.net Research

CA short-duration municipal bond portfolio with a track record that starts in 2000, now in an ETF wrapper. The idea: federally tax-exempt income from a couple hundred bonds, with maturities kept close in rather than stretched out.

Stated mandate

The fund seeks to maximize current income exempt from federal income tax while preserving capital. It normally invests at least 80% of assets, plus investment borrowings, in tax-exempt municipal bonds.

Why people hold it

  1. 01The mandate is written down: at least 80% of assets in tax-exempt municipal bonds, aiming to maximize income exempt from federal income tax while preserving capital.
  2. 02Short duration is the design choice. Keeping maturities close in mechanically dampens how much the portfolio's price moves when rates do, compared with long-dated muni funds.
  3. 03The strategy dates to 2000, so it has run through multiple rate cycles rather than one.
  4. 04Spread across roughly a couple hundred municipal bonds, so no single issuer carries the portfolio.

Worth knowing

  1. 01At 0.35%, the fee sits above the muni cohort median. Index heavyweights set a low bar here: VTEB at 0.03% and MUB at 0.05%.
  2. 02Thinly traded next to the big muni ETFs, so the spread you cross on the way in and out can matter as much as the headline fee.
  3. 03Distributions arrive on an irregular schedule rather than a fixed monthly one, which is worth knowing if you plan around income timing.

BKMS Holdings

As of Sep 21, 2026, 3:33 AM
Asset class
Bonds
Holdings
253
Top-10 weight
15%
Largest holding
RHODE ISLAND ST HLTH 5 5/15/20272.3%
The fund’s holdings, weight-ordered — page 1 of 18.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—RHODE ISLAND ST HLTH 5 5/15/20272.30%9,915,000$10M1
002—TARRANT CO EDU FACS-B FRN 11/15/20641.80%7,500,000$8M1
003—SOUTHEAST ENERGY AUTH FRN 5/1/20531.74%7,360,000$8M2
004—DASNY-SER-2-A FRN 7/1/20481.44%6,000,000$6M1
005—CT HLTH & EDUCTNL-B-1 FRN 7/1/20641.31%5,350,000$6M1
006—PHILADELPHIA HSG-A 5 3/1/20291.24%5,200,000$5M1
007—NEW YORK CITY-F-1-REF 5 8/1/20301.22%5,000,000$5M1
008—PVT CLG UNIV AUTH-A 5 9/1/20291.21%5,000,000$5M1
009—NEW YORK CITY-B-1-REF 5 8/1/20291.21%5,000,000$5M1
010—VIRGINIA ST CMWLTH-A 5 5/15/20311.18%5,000,000$5M1
011—TULSA CO ISD#4 5 6/1/20271.17%5,000,000$5M1
012—NY ST HSG FIN AGY-B-2 FRN 11/1/20641.16%5,000,000$5M1
013—MIAMI-DADE CO HSG-A FRN 2/1/20441.14%5,000,000$5M1
014—RURAL WTR FING-A-NTS 2.75 5/1/20281.14%5,000,000$5M1
015—SARPY CO SD #37 5 12/15/20301.10%4,650,000$5M1

Showing 1–15 of 256 holdings

BKMS Performance

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

BKMS$9,951
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. BKMS $9,951. 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 BKMS. Periods over one year show the average yearly return.
PeriodBKMS
Year to dateHistory unavailable—
1 month−0.9%
3 months−0.5%
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 BKMS
YearReturn barBKMS
2026 YTD+0.1%

History from Jan 12, 2026

BKMS in the news

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

BKMS 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
$0.06 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 $0.04; Mar 2, 2026 $0.06; Apr 1, 2026 $0.06; May 1, 2026 $0.06; Jun 1, 2026 $0.06; Jul 1, 2026 $0.07; Aug 3, 2026 $0.08; Sep 1, 2026 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.06
Aug 3, 2026Aug 6, 2026$0.08
Jul 1, 2026Jul 7, 2026$0.07
Jun 1, 2026Jun 4, 2026$0.06
May 1, 2026May 6, 2026$0.06
Apr 1, 2026Apr 7, 2026$0.06
Mar 2, 2026Mar 5, 2026$0.06
Feb 2, 2026Feb 5, 2026$0.04

BKMS 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.
0.23
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.

BKMS Cost

Expense ratio0.35%
  • The middle half of Short-Duration Municipal Bonds funds
  • Median 0.25%

23 of the 27 Short-Duration Municipal Bonds funds charge less.

BKMS costs $35.00 a year on $10,000. The median Short-Duration Municipal Bonds fund costs $25.00.