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BNY Mellon Municipal Intermediate ETF (BKMI): ETF

ETF traded on XNAS under symbol BKMI. Quoted in usd.

BNY Mellon Municipal Intermediate ETF logo

BNY Mellon Municipal Intermediate ETF

+0.36%$25.88
XNAS:BKMIFixed Income
AUM $1.53B·YTD --·Yield --
BNY Mellon Municipal Intermediate ETF logoXNAS:BKMI$25.88+0.36%
About BKMI

This fund aims to generate the highest possible current income, exempt from U.S. federal income tax, while simultaneously safeguarding invested capital. To achieve this, it typically allocates at least 80% of its net assets (including any borrowed funds for investment) to municipal bonds that produce income free from federal taxation. The portfolio primarily consists of investment-grade municipal and taxable bonds, meaning they are rated Baa3/BBB- or higher at the time of purchase, or are considered of comparable quality by the sub-adviser if unrated. Generally, the average effective duration of the fund's holdings ranges from three to eight years, although it maintains the flexibility to invest in individual bonds of any maturity or duration. Duration serves as an indicator of an investment's "interest rate risk," measuring how sensitive a bond or the overall portfolio is to shifts in interest rates; a longer duration typically signals greater sensitivity to rate changes and, consequently, higher long-term risk and return potential. As a liquid Exchange Traded Fund (ETF), investors can conveniently buy or sell shares throughout market trading hours.

Largest holdings

  1. Net Current Assets1.18%
  2. IL ST-REV-B 5 6/15/20391.03%
  3. NY LIBERTY DEV CORP-1 5 11/15/20441.00%
  4. PORTLAND SWR-A 4.5 5/1/20370.89%
  5. WA ST-SER R-2023B-REF 5 7/1/20380.82%
  6. TOBACCO SETTLEMENT-A 5 6/1/20330.80%
  7. AL TOLL ROAD-1 5 10/1/20320.78%
  8. MARICOPA IDA-B-REF 5 1/1/20340.77%
  9. MIAMI-DADE CO EDU-B 5.25 4/1/20360.73%
  10. TX TRANSPRTN-C-REF 5 8/15/20360.72%
Full holdings, sectors and countries
Dividend History
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Compared against
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Total Invested
$70,000
Final Portfolio
$111,146
Total Return
+$41,146
(+58.8%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$1.53B
NAV$25.90
Premium/Discount-0.10%
Expense Ratio0.35%
Market Cap$1.76B
Shares Outstanding66.85M
Inception DateJan. 1, 1987
Fund Details
IssuerBNY Mellon
Asset ClassFixed Income
Beta0.83
SectorFinancial Services
DomicileUS
52-Week Range
$25.81$26.88
Current: $25.88
Volume
Volume60.64K
Avg Volume268.89K
Vol/Avg0.23x

30d

399.33K

60d

453.22K

90d

352.79K

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