BNY Mellon Enhanced Dividend and Income ETF
BEDY
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Ali Dibadj
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 240 Greenwich Street New York NY United States of America 10286
- IPO Date
- Dec 8, 2025
- CIK
- 0002025968
- Similar Companies
- Business
- BNY Mellon Enhanced Dividend and Income ETF (BEDY) is an actively managed exchange-traded fund that seeks total return through capital appreciation and income by investing at least 80% of its net assets in dividend-paying stocks, real estate investment trusts, and equity-linked notes designed to generate distributable income; it focuses on undervalued equities with strong balance sheets, cash flow, and growing dividend yields, employing a blend of quantitative models and fundamental analysis for portfolio construction across diversified sectors and industries. The fund may allocate up to 10% of its assets to equity-linked notes, which are structured products incorporating call options, futures strategies, and fixed-income components to enhance income while capping principal loss potential. BEDY trades on Nasdaq with a net expense ratio of 0.50% and offers intraday liquidity. Launched on December 8, 2025, following SEC filing in early December, BEDY represents the conversion of BNY Mellon's 25-year-old Income Stock Fund—originally established in October 2000—into an ETF format under BNY Mellon ETF Trust II, with sub-adviser Newton Investment Management North America, LLC managing the portfolio through a team including John C. Bailer, CFA, Brian C. Ferguson, and Keith Howell. Headquartered in New York City as part of BNY Mellon Investment Adviser, LLC, the fund targets investors seeking enhanced income beyond traditional fixed-income sources amid equity market volatility and shifting rate expectations, with primary exposure to U.S. large-cap value stocks such as Johnson & Johnson, Cisco Systems, Exxon Mobil, and JPMorgan Chase.