- What are the top holdings of BKMI?
- BNY Mellon Municipal Intermediate ETF holds 529 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does BKMI have?
- BKMI holds 529 positions as reported by the fund's most recent disclosure.
- What sectors does BKMI invest in?
- BNY Mellon Municipal Intermediate ETF (BKMI) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is BKMI most exposed to?
- BKMI's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is BKMI a US-only fund?
- The country allocation card on this page shows BKMI's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does BKMI invest in?
- This fund aims to generate the highest possible current income, exempt from U.S. federal income tax, while simultaneously safeguarding invested capital. To achieve this, it typically allocates at least 80% of its net assets (including any borrowed funds for investment) to municipal bonds that produce income free from federal taxation. The portfolio primarily consists of investment-grade municipal and taxable bonds, meaning they are rated Baa3/BBB- or higher at the time of purchase, or are considered of comparable quality by the sub-adviser if unrated. Generally, the average effective duration of the fund's holdings ranges from three to eight years, although it maintains the flexibility to invest in individual bonds of any maturity or duration. Duration serves as an indicator of an investment's "interest rate risk," measuring how sensitive a bond or the overall portfolio is to shifts in interest rates; a longer duration typically signals greater sensitivity to rate changes and, consequently, higher long-term risk and return potential. As a liquid Exchange Traded Fund (ETF), investors can conveniently buy or sell shares throughout market trading hours.
