BKLC ETF — BNY Mellon US Large Cap Core Equity ETF

BNY Mellon US Large Cap Core Equity ETF (BKLC)

Updated October 2, 2026.

BKLC is a low-cost ETF. its distribution rate is 1.02%, its trailing-12-month yield is 1.06%, its expense ratio is 0.00%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 207.4% over the past 6.5 years, 4.9 points ahead of SPY at 202.5%.

At the current 1.02% distribution rate, a $10,000 investment would generate approximately $102 per year, or about $25.50 per quarter if the next payment matches the last regular one.

BNY Mellon US Large Cap Core Equity ETF tracks a float-adjusted market capitalization weighted index of the 500 largest companies listed on U.S. stock markets, holding all index constituents in proportion to their weightings. The fund carries a zero expense ratio and distributes quarterly at a modest current distribution rate. It appeals to equity investors seeking broad large-cap U.S. market exposure with minimal costs.

BKLC performance versus SPY

Price and return data through 2026-10-02.

Total return is 207.4% over the past 6.5 years, 4.9 points ahead of SPY at 202.5%. Over the past year its total return — price change plus distributions reinvested — is 16.3%. Its deepest 1-year drawdown was 9.1%.

BKLC key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

1.02%

Issuer

BNY Mellon

Asset type

ETF

Asset class

Equity

Inception date

04/07/2020

Expense ratio

0.00%

Distribution rate

1.02%

Distribution frequency

Quarterly

Trailing yield

1.06%

Last close

$49.23 (as of 2026-10-02)

AUM

$5,894,693,075

Average volume

412624.0

Next dividend

$0.12601

Last ex-dividend date

10/01/2026

Next payment date

10/06/2026

Beta

1.01

P/E ratio

24.9133

How Dividend Vision calculates yield and returns

Distribution rate (1.02%) 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 (1.06%) 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. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

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.

BKLC risks and drawbacks

BKLC's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.1%.

Who may consider BKLC — and who may not

BKLC may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (BKLC pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from BNY Mellon.