- What does BCPL invest in?
- The BNY Mellon Core Plus ETF aims to deliver robust total returns while simultaneously safeguarding capital. To achieve this, the fund predominantly allocates its investments to a diverse array of fixed-income instruments. This encompasses sovereign debt, corporate bonds issued by both U.S. and international entities, as well as mortgage-backed and asset-backed securities. At the time of purchase, the majority of the fund's bond holdings possess an investment-grade rating (equivalent to Baa3/BBB- or higher), or are determined by the sub-adviser to be of comparable quality if unrated. Nonetheless, the fund retains the flexibility to invest a maximum of 25% of its net assets in bonds rated below investment grade – commonly referred to as "high yield" or "junk" bonds – or their unrated equivalents, as assessed by the sub-adviser at the point of acquisition. As an Exchange Traded Fund (ETF), it offers investors the convenience of intra-day trading, allowing for purchases and sales whenever the market is open.
- What is the expense ratio of BCPL?
- BNY Mellon Core Plus ETF (BCPL) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.
- What is BCPL's dividend yield?
- BCPL's trailing-twelve-month yield is 2.79%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of BCPL?
- Effective duration measures BCPL's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BCPL's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of BCPL?
- BCPL's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of BCPL?
- Yield to maturity (YTM) is the total return you'd earn from BCPL if every bond in the portfolio is held to maturity at the current price. BCPL's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
