BNY Mellon Active Core Bond ETF(AMEX:BKFI)

BKFI invests in investment-grade MBS, ABS, corporate bonds from both US and international issuers, as well as US government securities. Security selection is based on proprietary, internally generated credit research that evaluates both sector and individual issuers with a focus on credit quality, management strength, competitive position, and financial stability to identify relative value opportunities. Additionally, the fund may supplement its research with external, third-party credit research and related credit tools. The portfolio duration typically ranges from three to eight years, but may be adjusted to manage interest rate risk. Positions are sold to avoid anticipated market declines or potential credit downgrades. The fund may employ derivatives such as options, futures, and swaps to hedge risks, manage duration, or enhance returns. On January 12, 2026, BKFI converted from a mutual fund to an ETF structure, bringing in around $388.46 million in assets.