BKFI – BNY Mellon Active Core Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return (consisting of capital appreciation and current income). The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in bonds. The investment adviser actively manages bond market and maturity exposure and credit profile and uses a disciplined process to select bonds and manage risk. Generally, the fund's average effective portfolio maturity will be between 3 and 10 years and the average effective duration of the fund's portfolio will be between 2.5 and 5.5 years.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BKFI	BNY Mellon Active Core Bond ETF	ETF	Open			Oct 2, 2000	$240.62M	0.400%	Average	—	−$165.25M

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