Bny Mellon Core Etf Profile

BKAG Etf  USD 41.68  0.07  0.17%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
Low
BNY Mellon is trading at 41.68 as of the 23rd of November 2024. This is a 0.17 percent increase since the beginning of the trading day. The etf's lowest day price was 41.61. BNY Mellon has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for BNY Mellon Core are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of November 2023 and ending today, the 23rd of November 2024. Click here to learn more.
To pursue its goal, the fund normally invests substantially all, but at least 80, of its assets in bonds comprising the Bloomberg US Aggregate Total Return Index and TBA transactions representing bonds included in the index. BNY Mellon is traded on NYSEARCA Exchange in the United States.. More on BNY Mellon Core

Moving together with BNY Etf

  1.0BND Vanguard Total BondPairCorr
  1.0AGG iShares Core AggregatePairCorr
  1.0BIV Vanguard IntermediatePairCorr
  1.0SPAB SPDR Portfolio AggregatePairCorr
  1.0EAGG iShares ESG AggregatePairCorr
  1.0FLCB Franklin Templeton ETFPairCorr

Moving against BNY Etf

  0.97TBT ProShares UltraShortPairCorr
  0.96YCS ProShares UltraShort YenPairCorr
  0.78SGG Barclays CapitalPairCorr
  0.77USD ProShares Ultra SemiPairCorr
  0.74ATMP Barclays ETN Select Low VolatilityPairCorr
  0.69DIG ProShares Ultra OilPairCorr

BNY Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Debt ETFs, Investment Grade ETFs, Intermediate Core Bond, BNY Mellon (View all Sectors)
IssuerBNY Mellon Investment Management
Inception Date2020-04-24
BenchmarkBloomberg U.S. Aggregate Total Return Index
Entity TypeRegulated Investment Company
Asset Under Management1.97 Billion
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorBNY Mellon ETF Investment Adviser, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorThe Bank of New York Mellon Corporation
Portfolio ManagerGregory A. Lee, Nancy G. Rogers
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents5,567
Market MakerFlow Traders
Country NameUSA
Returns Y T D1.57
NameBNY Mellon Core Bond ETF
Currency CodeUSD
Open FigiBBG00RYR56Q6
In Threey Volatility7.76
1y Volatility7.75
200 Day M A41.8994
50 Day M A42.3951
CodeBKAG
Updated At23rd of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.78)
TypeETF
BNY Mellon Core [BKAG] is traded in USA and was established 2020-04-22. The fund is listed under Intermediate Core Bond category and is part of BNY Mellon family. The entity is thematically classified as Broad Debt ETFs. BNY Mellon Core currently have 363.54 M in assets under management (AUM). , while the total return for the last 3 years was -2.2%.
Check BNY Mellon Probability Of Bankruptcy

Geographic Allocation (%)

Top BNY Mellon Core Etf Constituents

Federal National Mortgage Association 2.5%0.89%
Federal National Mortgage Association 2%0.57%
Government National Mortgage Association 2%0.72000003%
Government National Mortgage Association 3%0.62%
United States Treasury Notes 2.25%0.4%
Federal National Mortgage Association 1.5%0.6%
Government National Mortgage Association 2.5%0.70999996%
United States Treasury Notes 1.62%0.4%
United States Treasury Notes 0.62%0.41%

BNY Mellon Core Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BNY Mellon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

BNY Mellon Against Markets

When determining whether BNY Mellon Core is a strong investment it is important to analyze BNY Mellon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BNY Mellon's future performance. For an informed investment choice regarding BNY Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BNY Mellon Core. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of BNY Mellon Core is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.