BNY Mellon High Yield ETF (BKHY)

The BNY Mellon High Yield Beta ETF is an exchange-traded fund that seeks to provide investors with exposure to a diversified portfolio of high yield bonds issued by U.S. companies. The fund is managed by Mellon Investments Corporation, a subsidiary of The Bank of New York Mellon Corporation, one of the largest financial institutions in the world.

The fund's portfolio is diversified across multiple sectors and regions, with a focus on non-investment grade bonds with maturities of less than 10 years. The fund's top holdings include bonds issued by companies in the healthcare, energy, and telecommunications sectors.

The BKHY ETF is designed to provide investors with a way to potentially benefit from the higher yields offered by high yield bonds while also diversifying their portfolio.

The expense ratio for the BKHY ETF is 0.22%, which is relatively low compared to the expense ratios of other high yield bond funds. This may make the BKHY ETF an attractive option for investors seeking exposure to a diversified portfolio of high yield bonds issued by U.S. companies at a reasonable cost.

Overall, the BNY Mellon High Yield Beta ETF may be a suitable investment for investors seeking exposure to high yield bonds issued by U.S. companies.