BNY Mellon Short Duration Corporate Bond ETF
BKSB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- MA United States of America
- IPO Date
- Apr 24, 2020
- CIK
- 0001493580
- Similar Companies
- Business
- BNY Mellon Short Duration Corporate Bond ETF (BKSB) is an exchange-traded fund that seeks to track the performance of the Bloomberg US Corporate 1-5 Years Total Return Index by investing at least 80% of its assets in investment-grade U.S. corporate bonds with remaining maturities between one and five years. The fund offers exposure to USD-denominated, market value-weighted investment-grade corporate bonds, with approximately 99% of assets allocated to corporates, complemented by minimal cash and other holdings. It provides investors with income generation and low-duration fixed income exposure through quarterly dividend distributions. Operated by BNY Mellon ETF Trust under BNY Investments, a division of The Bank of New York Mellon Corporation, BKSB targets institutional and retail investors seeking short-term corporate bond market access in developed North American markets. The ETF maintains a diversified portfolio of around 1,000 holdings, with top 10 positions comprising about 6% of assets to minimize concentration risk. Its net expense ratio stands at 0.06%, supporting cost efficiency relative to peers. Launched in 2020 as part of BNY Mellon's initial ETF suite introduced on March 9, 2020, via NYSE Arca, BKSB operates from the BNY Mellon corporate headquarters at 240 Greenwich Street, New York, New York. No major acquisitions, partnerships, funding rounds, or strategic shifts specific to BKSB have occurred in the last 1-2 years; the fund continues steady operations amid broader BNY Mellon enhancements in ETF offerings. Assets under management approximate $42-47 million, with stable performance metrics including a 1-year return of about 1.94%.