# BNY Mellon Dynamic Value ETF (BKDV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bkdv for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BNY Mellon · Asset class: Equity - Strategy: Passive Index · Inception: 2024-11-01 This fund aims to grow investors' wealth over time by primarily investing in equities that are considered undervalued. Such "value stocks" are identified either through their presence in leading benchmark indices like the Russell 3000 Value, S&P Composite 1500 Value, or MSCI ACWI Value, or by having a more attractive price-to-book ratio compared to the broader S&P 500 Index. The fund's managers actively seek out companies with appealing valuations, solid financial health, and positive business trends spurred by specific market drivers. While the portfolio has the flexibility to include comp... ## Key Facts | Metric | Value | |---|---| | Price | $34.72 | | Expense Ratio | 0.60% | | Assets Under Management | $2.26B | | NAV | $34.60 | | Holdings Count | 79 | | Distribution Yield (TTM) | 0.52% | | Annual Distribution (TTM) | $0.18 /share | | Distribution Frequency | Annual | | 52-Week Range | $27.35 – $35.14 | | Beta | 0.73 | ## Latest Distribution - Amount: $0.1790 /share - Ex-date: 2025-12-29 - Pay date: 2026-01-02 ## Frequently Asked Questions ### What does BKDV invest in? This fund aims to grow investors' wealth over time by primarily investing in equities that are considered undervalued. Such "value stocks" are identified either through their presence in leading benchmark indices like the Russell 3000 Value, S&P Composite 1500 Value, or MSCI ACWI Value, or by having a more attractive price-to-book ratio compared to the broader S&P 500 Index. The fund's managers actively seek out companies with appealing valuations, solid financial health, and positive business trends spurred by specific market drivers. While the portfolio has the flexibility to include companies of any market capitalization, it generally emphasizes larger, more established corporations. As an Exchange Traded Fund (ETF), it provides convenient liquidity, allowing investors to trade shares readily whenever the market is open. ### What is the expense ratio of BKDV? BNY Mellon Dynamic Value ETF (BKDV) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BKDV? BNY Mellon Dynamic Value ETF (BKDV) manages $2.26B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is BKDV actively managed or an index fund? BKDV is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BKDV's is 0.60%) because there's no security selection cost. ### When was BKDV launched? BNY Mellon Dynamic Value ETF (BKDV) launched in November 2024 and is managed by BNY Mellon. ### How has BKDV performed? BKDV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does BKDV pay a dividend? BNY Mellon Dynamic Value ETF (BKDV) currently distributes little or no income. Trailing-twelve-month yield is 0.52%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BKDV pay dividends? BNY Mellon Dynamic Value ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BKDV's dividend yield? BKDV's trailing-twelve-month yield is 0.52%, calculated from the sum of dividends over the past year divided by the current price. ### When is BKDV's next ex-dividend date? The most recently announced ex-dividend date for BKDV was 2025-12-29. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BKDV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.60% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BKDV charge its expense ratio? The expense ratio is deducted in tiny daily slices from BKDV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BKDV cost more than a fund like VOO? BKDV is a passive index fund (current expense ratio 0.60%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to BKDV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BKDV (0.60%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bkdv - Distribution history: https://www.dividenddata.com/funds/bkdv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bkdv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bkdv/expenses - Peer comparison: https://www.dividenddata.com/funds/bkdv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.