BNY Mellon Municipal Short Duration ETF (BKMS) Analysis

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BNY Mellon Municipal Short Duration ETF (BKMS) has a last stored price of $24.99, as of the Oct 2, 2026 trading session. It has a 0.35% expense ratio and $445M in assets under management.

BNY Mellon Municipal Short Duration ETF (BKMS) ETF — Price, Holdings & Analysis

Descripción general del ETF

BKMS aims to provide current income that is exempt from federal income tax by investing primarily in municipal bonds. The fund invests at least 80% of its net assets in municipal bonds that provide income exempt from U.S. federal income tax. BKMS typically invests in municipal and taxable bonds rated investment grade (Baa3/BBB- or higher) at the time of purchase. The fund's strategy emphasizes short-duration bonds; the average effective duration of the portfolio will not exceed three years, helping to manage interest rate risk. This focus on short-duration bonds makes it suitable for investors seeking to minimize the impact of interest rate fluctuations on their fixed-income investments. The fund may invest in individual municipal and taxable bonds of any maturity or duration. The fund's liquid ETF structure allows investors to buy or sell any time the market is open. The fund's country exposure is 100% to other countries.

Métricas de riesgo

BKMS has a beta of 0.24, indicating lower volatility compared to the broader market. The fund's focus on investment-grade municipal bonds aims to reduce credit risk, but it is still subject to the risk of default. The fund's expense ratio of 0.35% can create a slight drag on performance over time. While the fund invests in a variety of municipal bonds (242 holdings), concentration risk can still exist within specific sectors or issuers. The fund's emphasis on short-duration bonds mitigates interest rate risk, but it may also limit potential capital appreciation in a falling interest rate environment. Past performance does not guarantee future results.

Beta: 0.24

Ratio de gastos

0.35%

¿Cómo está asignado el fondo?

País	Peso
Otros	100.0%

Rentabilidad por dividendo

0.00%

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JPMorgan International Bond Opportunities ETF (JPIB) — 0.50% expense ratio
iShares iBonds Oct 2027 Term TIPS ETF (IBID) — 0.10% expense ratio

BNY Mellon Women's Opportunities ETF (BKWO) (Equity) — 0.50% expense ratio
BNY Mellon Dynamic Value ETF (BKDV) (Equity) — 0.60% expense ratio
BNY Mellon Municipal Intermediate ETF (BKMI) (Fixed Income) — 0.35% expense ratio

Preguntas y respuestas

What is BKMS and what does it track?

The BNY Mellon Municipal Short Duration ETF (BKMS) is a fixed-income ETF managed by BNY Mellon. Launched in 2000, BKMS aims to maximize current income exempt from federal income tax.

The fund achieves this by investing at least 80% of its net assets in municipal bonds that provide income exempt from U.S. federal income tax.

What is the expense ratio for BKMS?

The expense ratio for BKMS is 0.35%. This means that for every $10,000 invested in the fund, investors will pay $35 in annual expenses.

While this is an important factor to consider, it's essential to weigh the expense ratio against the fund's potential returns and tax benefits. The expense ratio is lower than the category average of 0.44%.

Is BKMS a good long-term investment?

Whether BKMS is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and tax situation. BKMS offers tax-exempt income and focuses on short-duration bonds, which can help mitigate interest rate risk.

The fund's beta of 0.24 indicates lower volatility compared to the broader market.

How does BKMS compare to similar ETFs?

BKMS competes with other short-duration municipal bond ETFs, each with its own nuances. Key factors to compare include expense ratio, AUM, and investment strategy. BKMS has an expense ratio of 0.35% and AUM of $0.45 billion.

Some competing ETFs may have lower expense ratios or different portfolio compositions, which could lead to variations in performance and risk profiles.

Does BKMS pay dividends?

BKMS is a fixed income ETF that invests in municipal bonds. While the fund aims to provide current income, the dividend yield is currently 0.00% as of 2026-03-15.

Investors should review the fund's distribution history and prospectus for more information on dividend payments.

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