BankUnited, Inc.

Frequently Asked Questions About BKU

What does BKU invest in?

BankUnited, Inc. serves as the holding company for BankUnited, its national banking subsidiary, which delivers a comprehensive array of financial services throughout the United States. The company's product suite includes various deposit options such as checking, money market, and savings accounts, as well as certificates of deposit. It also extends services like treasury management, commercial payments, and cash management solutions. Its extensive loan portfolio covers diverse commercial financing, including equipment loans, both secured and unsecured lines of credit, formula-based lending, and financing for owner-occupied commercial real estate (term loans and lines). Other commercial offerings include mortgage warehouse facilities, letters of credit, commercial credit cards, and specialized funding through the Small Business Administration (SBA), U.S. Department of Agriculture (USDA), and Export-Import Bank (Ex-Im Bank). The bank also facilitates trade finance and credit facilities for business acquisitions. Beyond commercial lending, its services encompass general commercial real estate loans, residential mortgages, and a range of other consumer loans. For customer convenience, BankUnited also provides online, mobile, and telephone banking services. As of December 31, 2021, its operations were supported by 63 banking centers across 13 Florida counties and an additional four branches in the New York metropolitan area. BankUnited, Inc., which was formerly known as BU Financial Corporation, was incorporated in 2009 and has its headquarters in Miami Lakes, Florida.

What is the expense ratio of BKU?

An expense ratio for BankUnited, Inc. (BKU) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is BKU's dividend yield?

BKU's trailing-twelve-month yield is 2.74%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BKU?

Effective duration measures BKU's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BKU's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BKU?

BKU'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 BKU?

Yield to maturity (YTM) is the total return you'd earn from BKU if every bond in the portfolio is held to maturity at the current price. BKU'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.