BKFI ETF — BNY Mellon Active Core Bond ETF

BNY Mellon Active Core Bond ETF (BKFI)

BKFI is an ETF. As of August 19, 2026, its distribution rate is 4.65%, its trailing-12-month yield is 2.55%, its expense ratio is 0.40%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is -0.6% over the past 0.6 years, 11.6 points behind SPY at 11.0%.

At the current 4.65% distribution rate, a $10,000 investment would generate approximately $465 per year, or $38.75 per month on an equivalent basis.

BNY Mellon Active Core Bond ETF is a fund that invests at least 80% of its assets in bonds, with active management focused on bond selection, maturity positioning, and credit quality across a portfolio with an average effective maturity between three and ten years. The fund distributes monthly income at a moderate current distribution rate and carries an expense ratio of 0.40%. It appeals to income-focused investors seeking regular distributions from a diversified bond portfolio managed with a disciplined risk approach.

BKFI performance versus SPY

Data as of August 19, 2026.

Fund total return is -0.6% over the past 0.6 years, 11.6 points behind SPY at 11.0%.

BKFI key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Issuer

BNY Mellon

Asset type

ETF

Asset class

Fixed Income

Inception date

10/02/2000

Expense ratio

0.40%

Distribution rate

4.65%

Distribution frequency

Monthly

Trailing yield

2.55%

Last close

$23.50

AUM

$248,938,333

Average volume

4885.0

Last dividend

$0.0910

Ex-dividend date

08/03/2026

Payment date

08/06/2026

Beta

0.51

How Dividend Vision calculates yield and returns

Distribution rate (4.65%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.55%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: BNY Mellon; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BKFI risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider BKFI — and who may not

BKFI may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from BNY Mellon.