Bank of New York Mellon Corp

Frequently Asked Questions About BNY

What does BNY invest in?

The Bank of New York Mellon Corp. is a holding company, which engages in the provision of financial services. It operates through the following segments: Securities Services, Market and Wealth Services, Investment and Wealth Management, and Other. The Securities Services segment includes the Asset Servicing business, which provides global custody, fund accounting, integrated middle-office solutions, transfer agency and data, and analytics solutions. The Market and Wealth Services segment consists of the Pershing, Clearance and Collateral Management, and Treasury Services businesses. The Investment and Wealth Management segment is involved in services to institutional and retail investors, as well as investment management, wealth, and estate planning. The Other segment refers to the leasing portfolio, corporate treasury activities, derivatives, and other trading activity. The company was founded by Alexander Hamilton on June 9, 1784 and is headquartered in New York, NY.

What is the expense ratio of BNY?

Bank of New York Mellon Corp (BNY) charges an expense ratio of 3.67%. This is the annual fee deducted from fund assets to cover management and operations.

What is BNY's dividend yield?

BNY's trailing-twelve-month yield is 1.32%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BNY?

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

What is the credit quality of BNY?

BNY'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 BNY?

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