BNY Mellon High Yield ETF lends through a portfolio of lower-rated company bonds. Interest is the regular cash engine, while credit losses and bond-price changes affect both income prospects and capital value.
Business
High-yield bond ETF
Listing
BKHY · NYSE Arca
Reporting period
2026-04-30
Dividend schedule
Monthly
How the business works
Bond interest after fund expenses becomes net investment income. Defaults, sales and changing credit prices affect net asset value separately.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income$1.63
Nov 1, 2025 to Apr 30, 2026
$0.00$1.63
Distribution yield6.61%Sourced distributions divided by dated market priceReported annual income yield7.12%Reported net investment income $3.4500 per share for 2024-11-01 to 2025-10-31, divided by approved 2025-10-31 market price $48.4600. Excludes capital gains; historical, not a current yield or forecast.Reported annual investment income$3.45Per share for 2025 FY. Excludes investment gains.Trailing 12-month distributions$3.08Recorded recurring payments per share, not a forecast
Dividend payment history
Date or month
Per share
Sep 4, 2026
$0.2569
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read BKHY income
Interest after fund expenses is the main recurring income measure. Compare it with distributions for the same full reporting period.
Watch defaults, interest-rate changes and expenses. Income can hold up while falling bond or loan values reduce NAV.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Interest after fund expenses is the main recurring income measure. Compare it with distributions for the same full reporting period.
Financial snapshot: 2026-04-30. Research reviewed 2026-09-21. Compare results for the reporting periods shown. Historical results are not a forecast.
The assets it owns
$147.808 million net assets at April30,2026Six gross-asset categories
Net assets deduct $7.494 million of liabilities, including securities purchased and securities-lending obligations. Derivative notional exposure is not added to gross assets.
For the six months ended April 30, 2026, BKHY reported $1.63 of net investment income and $1.85 of distributions per share. Net asset value fell from $48.43 to $47.68. Income covered much of the cash, while the balance and the lower ending value call for a read of credit results and payment components.
Portfolio interest and dividends, realized investment results and any derivative activity contribute to distribution resources after expenses. Taxable income and cash distributions can differ from reported net investment income.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
BNY Mellon High Yield ETF reported $1.6300 per share for 2025-11-01 to 2026-04-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Income and capital are exposed to corporate defaults, credit spreads and interest rates.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Payments can change and can include gains or return of capital. A high trailing yield does not establish earnings coverage or total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Compare the next like-length bond income and cash paid with defaults, financing conditions, payment components and net asset value.
Net asset value (NAV)
NAV per share$45.93Sep 29, 2026Market price$45.97Sep 29, 2026PREMIUM / DISCOUNT TO NAV0.09% premiumCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
Fund reported NAV and market price, both dated 2026-09-29. The premium or discount is calculated from these two reported values. Older audited NAV history remains unchanged.
Compare the next like-length bond income and cash paid with defaults, financing conditions, payment components and net asset value.
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U.S. federal · Tax year 2025
Dividend tax treatment
The fiscal-year report describes ordinary-income distributions and designates90.41% as interest-related dividends for non-U.S. withholding. This is not a final calendar2025 U.S. shareholder tax breakdown.
This company information is a guide, not your personal tax statement. Use your Form 1099-DIV when you file.
Total ordinary dividends
Not confirmed
Qualified dividends
Not confirmed
Capital-gain distributions
Not confirmed
Return of capital
Not confirmed
BKHY’s report includes a designation aimed at certain non-U.S. investors. That is a real detail, but it answers a different tax question from the full U.S. dividend split. We have left the broader categories open.
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
