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    BNY Mellon Municipal Short Duration ETF (BKMS)

    • CUSIP 05613H605
    • NAV  $ 25.02 As of  10/02/26
    • CHG  $ 0.00 (0.00 %)
    • MKT PRICE  $24.99 As of  10/02/26
    • CHG  $0.01 (0.04 %)
    • TOTAL EXPENSE RATIO 
      0.35% 
      Net
      0.35% 
      Gross
    Overview

    Why invest in this Fund?

    • The fund seeks to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital.
    • To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal bonds that provide income exempt from U.S. federal income tax.
    • The fund typically invests in municipal and taxable bonds rated investment grade (i.e., Baa3/BBB- or higher) at the time of purchase or, if unrated, deemed of comparable quality by the fund’s sub-adviser, Insight North America LLC. Generally, the average effective duration of the fund's portfolio will not exceed three years. The fund may invest in individual municipal and taxable bonds of any maturity or duration.
    • Duration is an indication of an investment's "interest rate risk," or how sensitive a bond or the fund's portfolio may be to changes in interest rates. Generally, the longer a bond's duration, the more likely it is to react to interest rate fluctuations and the greater its long-term risk/return potential.
    • The fund’s liquid ETF structure allows investors to buy or sell any time the market is open.
    LISTING DATE
    01/12/26
    INCEPTION DATE
    10/02/00
    NET ASSETS
    $430,488,876  As of  10/02/26
    NUMBER OF SHARES OUTSTANDING
    17,203,507  As of  10/02/26
    MARKET PRICE 52-WEEK HIGH
    $25.78  As of  02/27/26
    MARKET PRICE 52-WEEK LOW
    $24.92  As of  09/29/26
    AVG EFFECTIVE DURATION
    1.96 yr(s). As of  08/31/26
    WEIGHTED AVG YIELD TO MATURITY
    3.30% As of  08/31/26
    WEIGHTED AVG MATURITY
    4.42 yr(s). As of  08/31/26
    DISTRIBUTION FREQUENCY
    Monthly
    Morningstar Category
    Municipal National Short
    Morningstar Overall Rating
    Number of Holdings
    253 As of  08/31/26
    SUB-ASSET CLASS
    Tax-Exempt
    EXCHANGE
    NASDAQ

    Morningstar Rating™ as of August 31, 2026. Overall rating for the Municipal National Short category. Fund ratings are out of 5 Stars: Overall 3 Stars (204 funds rated); 3 Yrs. 3 Stars (204 funds rated); 5 Yrs. 3 Stars (191 funds rated); 10 Yrs. 3 Stars (150 funds rated).

    Yields and Expense Ratio

    30-DAY SEC YIELD
    as of 10/02/26      SUBSIDIZED     		UNSUBSIDIZED CURRENT YIELD
    as of  10/02/26     		CONTRACTUAL
    FEE WAIVER END DATE     		PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of  12/31/25     NET     		GROSS
    3.27 3.27 3.04 - 0.35 0.35

    Yield fluctuates and past performance is no guarantee of future results.

    The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.

    Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.

    Gross Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Gross Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.

     

    NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

    Market Price - The market price is the most recent official closing price for the listed exchange.

    Current Yield - (Sum of 30 days of net investment income/sum of 30 days of net assets) * (365*100)

    Avg Effective Duration - It is used to measure the market price sensitivity of the fund’s portfolio holdings to changes in interest-rates. Duration is not a complete measure of bond risk and may not be successful.

    Weighted Avg Yield to Maturity - The averaged total return anticipated on a group of bonds if held until their maturity.

    Weighted Avg Maturity - A measure of the average maturity of all of the underlying security instruments in the fund, weighted to reflect the relative percentage ownership of each instrument, and taking into account applicable “maturity shortening” provisions.

    Performance

    Daily Statistics

    As of  10/02/26 NAME 30-DAY MEDIAN 
    BID/ASK 
    SPREAD     		PREVIOUS DAY
    VOLUME     		20-DAY AVG 
    VOLUME     		PREMIUM/ 
    DISCOUNT     		YTD
    Total Return
    (NAV)
    BNY Mellon Municipal Short Duration ETF
    		0.16% 99,401 91,816 -0.13% 0.19%

    The performance data quoted represents past performance, which is no guarantee of future results.

     

    30-Day Median Bid-Ask Spread - Gives investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.

    20-Day Avg Volume - 20-Day Average Volume is the sum of last 20 days of trading volume divided by 20 days.

    Premium / Discount - The amount the fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.

    Total Returns

    Click here for NAV Returns 

    Month End

    MARKET PRICE
    Average Annual
    As of 09/30/26
    Name 3 MO
    09/30/26     		YTD
    09/30/26     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Municipal Short Duration ETF
    BKMS
    		-1.24 -0.07 0.61 3.11 1.48 1.40 2.00
    Bloomberg Municipal 1-3 Years Index
    		- - - - - - -
    S&P Municipal Bond Investment Grade Short Index
    		- - - - - - -

    Quarter End

    MARKET PRICE
    Average Annual
    As of 09/30/26
    Name 3 MO
    09/30/26     		YTD
    09/30/26     		1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Municipal Short Duration ETF
    BKMS
    		-1.24 -0.07 0.61 3.11 1.48 1.40 2.00
    Bloomberg Municipal 1-3 Years Index
    		- - - - - - -
    S&P Municipal Bond Investment Grade Short Index
    		- - - - - - -

    The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted.

    The performance information shown before January 9, 2026 reflects that of Class M shares of the  BNY Mellon National Short-Term Municipal Bond Fund ("Predecessor Fund"), which had a different fee structure than the fund. The fund's investment objective and strategies are similar to those of the Predecessor Fund; however, there are certain differences.  Generally, the Predecessor Fund's average effective portfolio maturity did not exceed four years, while the fund's average effective portfolio maturity will not exceed five years.  In addition, unlike the Predecessor Fund, the fund may, as a non-principal strategy, invest in bonds that are rated below investment grade for additional yield. The performance returns shown are based on the Predecessor Fund's fee structure and investment strategies. Past performance may have been different if the fund's current fee structure and investment strategies had been in place during the period. The NAV and market price performance of the ETF use the predecessor mutual fund's NAV from inception to listing.

    Market Price performance is calculated using the most recent NASDAQ Official Closing Price. Market Price returns do not represent investors’ returns had they traded shares at other times.

    The Bloomberg Municipal 3-15 Years Blend (3-15) Index is a sub-index of the Bloomberg U.S. Municipal Bond Index, a measure of the U.S. municipal tax-exempt investment grade bond market, tracking bonds with 3-15 year maturities. The Bloomberg U.S. Municipal Bond Index covers the U.S. dollar-denominated long-term tax-exempt bond market. Investors cannot invest directly in any index.

    The S&P Municipal Bond Investment Grade Short Index consists of bonds in the S&P Municipal Bond Index that are rated at least BBB- by Standard & Poor's, Baa3 by Moody's or BBB- by Fitch Ratings. All bonds must also have a minimum maturity of six months and a maximum maturity of up to, but not including, four years as measured from the rebalancing date. Investors cannot invest directly in any index.

    The Bloomberg Municipal 1-3 Years Index is a sub-index of the Bloomberg US Municipal Bond Index, a flagship measure of the US municipal tax-exempt investment grade bond market, tracking bonds with 1-3 year maturities. The Bloomberg U.S. Municipal Bond Index covers the U.S. dollar-denominated long-term tax-exempt bond market, Investors cannot invest directly in any index.

    The S&P Municipal Bond Investment Grade Short Index consists of bonds in the S&P Municipal Bond Index that are rated at least BBB- by Standard & Poor's, Baa3 by Moody's or BBB- by Fitch Ratings. All bonds must also have a minimum maturity of six months and a maximum maturity of up to, but not including, four years as measured from the rebalancing date. Investors cannot invest directly in any index.  

    The Bloomberg Municipal 1-3 Years Index is the performance-based benchmark for the BNY Mellon Municipal Short Duration ETF.  The S&P Municipal Bond Investment Grade Short Index was the performance-based benchmark for the Predecessor Fund.

    “BLOOMBERG®” and the Bloomberg indices listed herein (the “Indices”) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the Indices (collectively, “Bloomberg”) and have been licensed for use for certain purposes by the distributor hereof (the “Licensee”). Bloomberg is not affiliated with Licensee, and Bloomberg does not approve, endorse, review, or recommend the financial products named herein (the “Products”). Bloomberg does not guarantee the timeliness, accuracy, or completeness of any data or information relating to the Products.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical NAV and Market Price

      Historical Premium/Discount

      Premium and Discount Summary Table

      As of  10/02/26 Q1 2026 Q2 2026 Q3 2026
      Days Traded at Premium
      		36 12 13
      Days Traded at Discount
      		19 49 49

      The table shows the number of trading days in which the Fund traded at a premium or discount to its closing NAV.  Past results are not indicative of future results.

      Premium/Discount

      Fees & Expenses

      Prospectus Fee Table Expense Ratios

      Fees as stated in the prospectus  Fee Description Total Expense Ratio (%)
      Management Fee 0.35%
      Other Expenses 0.00%
      Total Expenses 0.35%
      Net Expenses 0.35%

      The Total Expenses is the actual fund expense ratio applicable to investors.

      Portfolio

      Portfolio Manager/Sub-Investment Adviser

      The fund's investment adviser is BNY Mellon ETF Investment Adviser, LLC (BNYETF) and the fund's sub-adviser is Insight North America LLC (INA), an affiliate of BNYETF. Thomas Casey and Gregory J. Conant are the primary portfolio managers of the fund, positions they have held since January 2026. Mr. Casey and Mr. Conant are senior portfolio managers at INA. Each portfolio manager is jointly and primarily responsible for the day-to-day management of the fund's portfolio.

      Top Holdings

      Download Total Holdings
      As of 10/05/26
      Holdings % Portfolio Weight
      RHODE ISLAND ST HLTH 5 5/15/2027 2.30
      TARRANT CO EDU FACS-B FRN 11/15/2064 1.79
      SOUTHEAST ENERGY AUTH FRN 5/1/2053 1.73
      DASNY-SER-2-A FRN 7/1/2048 1.44
      CT HLTH & EDUCTNL-B-1 FRN 7/1/2064 1.30
      PHILADELPHIA HSG-A 5 3/1/2029 1.24
      NEW YORK CITY-F-1-REF 5 8/1/2030 1.21
      PVT CLG UNIV AUTH-A 5 9/1/2029 1.21
      NEW YORK CITY-B-1-REF 5 8/1/2029 1.20
      VIRGINIA ST CMWLTH-A 5 5/15/2031 1.18
      TULSA CO ISD#4 5 6/1/2027 1.17
      NY ST HSG FIN AGY-B-2 FRN 11/1/2064 1.15
      RURAL WTR FING-A-NTS 2.75 5/1/2028 1.13
      MIAMI-DADE CO HSG-A FRN 2/1/2044 1.13
      SARPY CO SD #37 5 12/15/2030 1.10
      PA ECON DEV FING-A 5 12/31/2030 1.03
      IN FIN AUTH-D-1-REF FRN 10/1/2064 1.02
      FRANKLIN CNTY OH CONV 5 12/1/2028 0.97
      AZ ST INDL DEV AUTH-A 5 11/1/2028 0.95
      BOERNE ISD FRN 2/1/2054 0.93
      PASSAIC VLY SEWAGE-J 3 12/1/2028 0.93
      PA ECO DEV FING AUTH FRN 8/1/2038 0.92
      TENNERGY CORP-A FRN 12/1/2051 0.90
      NORTHSIDE ISD-B-REF FRN 8/1/2054 0.89
      KY PUB ENERGY AUTH-A FRN 6/1/2055 0.84
      HILLSBOROUGH CNTY-C 5 11/15/2029 0.84
      ROCKPORT-A-REF FRN 6/1/2047 0.84
      RUTHERFORD HLTH-B-1 FRN 11/15/2048 0.81
      MAIN STREET NATURAL-B 5 12/1/2030 0.78
      DASNY-A 5 10/1/2030 0.76
      KANSAS CITY INDL EXP FRN 7/1/2045 0.73
      LEWIS CENTRL CSD 5 6/1/2027 0.73
      GREAT LAKES AUTH-B 5 7/1/2030 0.73
      LOUISVILLE CO METRO-A 5 10/1/2031 0.73
      PA ECO DEV FIN AUTH-A FRN 3/15/2060 0.72
      NJ EDL FACS AUTH-C 5 7/1/2029 0.72
      MET PIER & EXPO-SER-A 5 6/15/2029 0.71
      MN HGR EDU FACS-B-1 FRN 10/1/2053 0.70
      MA H/E VAR-MUSEUM-A1 FRN 12/1/2037 0.70
      SHAWNEE CO-A FRN 5/1/2059 0.70
      OR BUS DEV COMMN-232 FRN 12/1/2040 0.70
      MI STRATEGIC FUND-AMT FRN 10/1/2049 0.69
      COLORADO ST HLTH FACS FRN 11/15/2058 0.68
      LEE CO HSG FIN AUTH FRN 12/1/2042 0.66
      LOS ANGELES WTR-A-REF 5 1/1/2030 0.66
      SAN ANTONIO MUNI FACS FRN 8/1/2050 0.66
      BUILD NYC RESOURCE 5 12/1/2028 0.66
      IL SALES TAX-A 5 6/15/2032 0.65
      PHILADELPHIA HSG-A 5 3/1/2028 0.65
      DIST OF COLUMBIA WTR 5 10/1/2031 0.64
      PORT OF SEATTLE-AMT 5 10/1/2030 0.60
      NEW HAMPSHIRE HLTH-A FRN 6/1/2040 0.59
      MCLENNAN CO JUNIOR CL 4 8/15/2028 0.59
      DALLAS WTRWRKS-A-REF 5 10/1/2029 0.58
      CASS WTR RESOURCE-A 3.45 4/1/2027 0.58
      CLARKSVL B LDG ADJ-PO FRN 11/1/2035 0.57
      PHILADELPHIA HSG-A 5 3/1/2027 0.57
      MARICOPA CNTY AZ POLL FRN 6/1/2043 0.57
      NYC HSG DEV CORP-E-2 FRN 11/1/2063 0.56
      PALM BEACH CO-A-REF 5 8/1/2029 0.54
      LOS ANGELES CA DEPT O 5 7/1/2028 0.53
      MAIN STREET NATURAL-E 5 12/1/2028 0.53
      SAN ANTONIO-AMT-REV 5 7/1/2030 0.52
      HARRISONBURG REDEV FRN 10/1/2045 0.52
      WINNEBAGO CLG-B-REF 5 1/1/2029 0.51
      CT ST HLTH AUTH-A-3 FRN 7/1/2049 0.49
      LOS ANGELES DEPT-B 5 7/1/2030 0.49
      DALLAS & FORT-C-REF 5 11/1/2026 0.48
      MO HLTH & EDUCTNL FAC 4 2/1/2031 0.48
      CO BLDG SCHS-J 5 3/15/2032 0.48
      GRAND PKWY TRANSPRTN 5 10/1/2030 0.48
      JOPLIN SCHS -REF 5 3/1/2028 0.47
      HAWAII ST DEPT OF BUD 5 7/1/2027 0.47
      WI HEALTH & EDUCATION 5 4/1/2029 0.47
      SD CONSERVANCY -B-REF 5 8/1/2031 0.46
      BURKE DEV AUTH -REMK FRN 11/1/2053 0.46
      WV ECO DEV AUTH-B FRN 12/1/2042 0.46
      NEBRASKA ST INVESTMEN 3 9/1/2045 0.46
      TEXAS CITY ISD-REF 4 8/15/2027 0.46
      CHANDLER AZ INDL DEV FRN 6/1/2049 0.46
      ILLINOIS HSG DEV AUTH FRN 2/1/2029 0.46
      HSG OPTIONS INC FRN 2/1/2045 0.46
      ALASKA ST-B-REF 5 10/1/2029 0.44
      MA ST DEV FIN AGY-N FRN 7/1/2041 0.42
      PORT OF SEATTLE-AMT 5 10/1/2029 0.42
      PALM BEACH CO-A-REF 5 8/1/2028 0.42
      BREVARD CO SCH BRD-A- 5 7/1/2028 0.42
      KENTUCKY ST PUBLIC EN FRN 2/1/2050 0.39
      TX TRANSPRTN-B-REF FRN 8/15/2042 0.39
      MIAMI BEACH REDEV-REF 5 2/1/2028 0.38
      BLACK BELT ENERGY-J 5 11/1/2028 0.38
      ATLANTA-B-2-AMT 5 7/1/2029 0.37
      CLIFTON HGR EDU FIN 5 8/15/2030 0.37
      HIALEAH-REF 5 10/1/2028 0.36
      AQUARION WTR AUTH-A 5 8/1/2030 0.36
      BURBANK ETC ARPT-B 5 7/1/2030 0.36
      ATLANTA-B-2-AMT 5 7/1/2030 0.36
      HI ST-A-REF 5 7/1/2027 0.36
      CHICAGO-B-REF-AMT 5 1/1/2031 0.36
      PA HGR EDUCTNL-1-A 5 6/1/2031 0.36
      BLACK BELT ENERGY-C 5 6/1/2030 0.35
      INDIANA FIN AUTH EDUC 4 2/1/2029 0.35
      HIALEAH-REF 5 10/1/2027 0.34
      ILLINOIS ST-A 5 6/15/2030 0.34
      ATLANTA-B-1-AMT 5 7/1/2030 0.34
      LOS ANGELES WTR PWR-B 5 7/1/2028 0.33
      BREVARD CO SCH BRD-A 5 7/1/2031 0.33
      TARRANT CO CULTURAL-F FRN 11/15/2055 0.32
      N TEXAS UNIV-A-REF 5 4/15/2029 0.30
      HARRIS CO CUL EDU-C FRN 7/1/2054 0.30
      GOVT OF GUAM-G-REF 5 1/1/2029 0.30
      SAN ANTONIO TX WTR FRN 5/1/2043 0.30
      MS DEV BANK-A 5 5/1/2029 0.29
      LINCOLN CO SD-CABS 5 6/15/2029 0.29
      GOVT OF GUAM-G-REF 5 1/1/2028 0.29
      ATLANTA-B-1-AMT 5 7/1/2029 0.29
      S E OVERTOWN-B-REF 5 3/1/2027 0.29
      MINNEAPOLIS FRN 11/15/2052 0.29
      VAN BUREN PUB SCH-III 5 5/1/2027 0.28
      LYNCHBURG ECON DEV-B 5 1/1/2030 0.28
      PALM BEACH CO-A-REF 5 8/1/2030 0.27
      MIAMI-DADE CO-A-AMT 5 10/1/2030 0.26
      CHICAGO-B-REF-AMT 5 1/1/2030 0.26
      INDIANA FIN AUTH-B-1 FRN 10/1/2062 0.26
      LOUISA TWN IND DEV-C FRN 11/1/2035 0.26
      S CAROLINA ST HSG-B 3.25 1/1/2052 0.26
      EAGLE MTN ISD-UNREF FRN 8/1/2050 0.26
      CUMBERLAND CNTY PA MU 5 11/1/2028 0.26
      HUDSON CO IMPT AUTH-B 5 6/15/2029 0.25
      ILLINOIS ST-B 5 5/1/2028 0.25
      GTR CHICAGO MET WTR-C 5 12/1/2030 0.24
      OK PUB PROPERTY AUTH 5 6/1/2030 0.24
      ILLINOIS ST 5 10/1/2028 0.24
      MS DEV BANK 5 5/1/2030 0.24
      LOS ANGELES DEPT OF W 5 7/1/2028 0.24
      CHICAGO-C-REV 5 11/1/2030 0.24
      PEFA INC-A-REF-REV 5 4/1/2030 0.24
      CO HLTH FACS AUTH-A FRN 11/15/2059 0.24
      CASINO REINVESTMENT-A 5 11/1/2029 0.24
      MS DEV BANK 5 5/1/2029 0.24
      RENO TAHOE ARPT-A-AMT 5 7/1/2030 0.24
      KENTUCKY MUN PWR-B 5 9/1/2029 0.24
      NY DORM AUTH-E 5 3/15/2032 0.24
      MIAMI-DADE CO-A-AMT 5 10/1/2029 0.24
      SC PUB SVC AUTH-B-REF 5 12/1/2028 0.24
      CVI-HTA 98 SR CLAIM FRN 11/1/2051 0.24
      LOS ANGELES DEPT WTR 5 7/1/2028 0.24
      MI ST FIN AUTH-B FRN 12/1/2043 0.24
      AUSTIN-B-REV-AMT 5 11/15/2028 0.24
      SALES TAX SECURITIZTN 5 1/1/2029 0.24
      WINK-LOVING ISD 5 2/15/2030 0.24
      WINK-LOVING ISD 5 2/15/2031 0.24
      S E OVERTOWN-B-REF 5 3/1/2028 0.24
      BLACK BELT-H-2-1 5 12/1/2029 0.24
      JEFFERSON CO-REF 5 10/1/2027 0.23
      KY PUB ENERGY-A 5 7/1/2028 0.23
      BLACK BELT ENERGY-A 5 12/1/2029 0.23
      WV HGR EDU-REF 5 7/1/2030 0.23
      ILLINOIS ST-B 5 5/1/2027 0.23
      MIAMI BEACH REDEV-REF 5 2/1/2027 0.23
      ARKANSAS DEV FIN AUTH 4 6/1/2029 0.23
      CA PCR WST MGMT-C 4.25 12/1/2027 0.23
      NJ HLTH CARE FACS-B-2 FRN 07/01/2061 0.23
      OH WTR DEV AUTH-C FRN 12/1/2054 0.23
      OHIO HSG FIN AGY-REV FRN 11/1/2047 0.23
      PUB FIN AUTH 5 6/1/2029 0.23
      WINTERSET-NTS 4 6/1/2029 0.23
      VA SMALL BUS FING AUT 4 7/1/2029 0.23
      OMAHA ARPT AUTH-A 5 12/15/2030 0.22
      DELAWARE HSG AUTH-B 6 1/1/2055 0.22
      LINCOLN CO SD-CABS 5 6/15/2028 0.22
      CO HSG & FIN AUTH-B 3 5/1/2051 0.21
      CT ST HLTH EDUCTNL-P 5 7/1/2029 0.21
      MO HSG DEV COMM 3.5 11/1/2050 0.21
      CASH 0.20
      BLOOMINGTON PUB BLDG 5 8/1/2028 0.20
      MAIN STREET NATURAL-A 5 12/1/2028 0.20
      ARLINGTON HGR EDU-C 5 12/1/2028 0.20
      CONNECTICUT HSG -A-1 4 11/15/2045 0.19
      AR DEV FIN AUTH 5 2/1/2028 0.19
      OMAHA ARPT AUTH-A 5 12/15/2029 0.19
      IOWA STD LOAN -B 5 12/1/2029 0.19
      ILLINOIS FIN AUTH-A 5 9/1/2029 0.19
      MS DEV BANK 5 5/1/2027 0.19
      CO HLTH FACS A-A-REF 5 12/1/2029 0.19
      PRIV CLGS & UNIVS 5 10/1/2031 0.19
      S E OVERTOWN-A 5 3/1/2027 0.19
      SE ENERGY AUTH-C 5 11/1/2028 0.18
      BLOOMINGTON PUB BLDG 5 2/1/2029 0.18
      PADUCAH ELEC PLANT 5 10/1/2030 0.18
      COLORADO HSG & FIN 3.875 5/1/2050 0.18
      CASINO REINVESTMENT-A 5 11/1/2028 0.18
      RENO TAHOE ARPT-A-AMT 5 7/1/2029 0.18
      BLOOMINGTON PUB BLDG 5 8/1/2029 0.18
      S E OVERTOWN-A 5 3/1/2028 0.18
      AR DEV FIN AUTH 5 2/1/2027 0.18
      OHIO ST HSG FIN AGY-B 3.25 3/1/2050 0.17
      BLOOMINGTON PUB BLDG 5 2/1/2028 0.17
      TULSA INDL AUTH 5 9/1/2028 0.17
      CASINO REINVESTMENT-A 5 11/1/2027 0.16
      RHODE ISLAND ST HSG & 3.5 10/1/2050 0.16
      OMAHA ARPT AUTH-A 5 12/15/2028 0.16
      IOWA STD LOAN -B 5 12/1/2030 0.16
      IL ST FIN AUTH-C-REF 5 1/1/2030 0.15
      LINCOLN CO SD-CABS 5 6/15/2027 0.15
      THORNDALE ISD 5 8/15/2028 0.15
      RHODE ISLAND ST HSG & 3 10/1/2050 0.15
      CT ST HLTH EDUCTNL-P 5 7/1/2030 0.15
      COLORADO HFA-B 3.75 5/1/2050 0.14
      MONROE SD#103-REF 5 12/1/2028 0.14
      LOWER COLORADO RIVER FRN 5/15/2039 0.14
      Net Current Assets 0.14
      LOS ANGELES CA DEPT O 4 7/1/2028 0.14
      ILLINOIS ST-C 5 5/1/2029 0.13
      KY PUB ENERGY-A 5 7/1/2027 0.13
      MN HSG FIN AGY -B 3.5 7/1/2050 0.12
      ILLINOIS FIN AUTH-A 5 9/1/2028 0.12
      CASINO REINVESTMENT-B 5 11/1/2029 0.12
      PA HSG FIN AGY-149A 5 4/1/2029 0.12
      LA LOCAL GOVT FAC-REF 5 12/1/2026 0.12
      LOS ANGELES CA DEPT-A 5 7/1/2028 0.12
      MAIN STREET NATURAL-A 5 12/1/2027 0.12
      SE ENERGY AUTH-C 5 11/1/2027 0.12
      MAIN STREET NATURAL-A 5 6/1/2027 0.12
      ILLINOIS FIN AUTH-A 5 9/1/2027 0.11
      MAINE ST HSG AUTH -C 4 11/15/2050 0.10
      UTAH ST CHRT SCH FIN 5 10/15/2028 0.10
      ME HSG AUTH-F 4.25 11/15/2048 0.10
      PUB FIN AUTH-REF 5 11/15/2028 0.09
      SHREVEPORT 5 3/1/2027 0.09
      UTAH ST CHRT SCH FIN 5 10/15/2026 0.09
      OR HSG AND CMNTY-D 4.75 1/1/2050 0.08
      TULSA CO IND AUTH 5 9/1/2029 0.08
      SOUTH CAROLINA ST-B 5 1/1/2028 0.08
      TULSA CO IND AUTH 5 9/1/2028 0.08
      SHREVEPORT 5 3/1/2028 0.08
      LA LOCAL GOVT FAC-REF 5 12/1/2029 0.08
      NE INVESTMENT FIN-E 3.75 9/1/2049 0.07
      SHREVEPORT 5 3/1/2029 0.07
      PA HSG FIN AGY-149A 5.25 4/1/2030 0.07
      PUB FIN AUTH-REF 5 11/15/2029 0.07
      TULSA INDL AUTH 5 9/1/2027 0.07
      KING CO HSG AUTH -REF 5 1/1/2028 0.07
      CANADIAN EDU FACS 5 9/1/2027 0.07
      PUB FIN AUTH-REF 5 11/15/2027 0.07
      LA LOCAL GOVT FAC-REF 5 12/1/2027 0.07
      PUB FIN AUTH-REF 5 11/15/2026 0.06
      MAIN STREET NATURAL FRN 7/1/2052 0.06
      PA HSG FIN AGY-149A 5 10/1/2029 0.06
      PA HSG FIN AGY-149A 5.25 10/1/2030 0.05
      KING CO HSG AUTH -REF 5 1/1/2027 0.05
      OR COAST COMNTY-CONV 5 6/15/2027 0.03
      EAGLE MTN ISD-PREREF FRN 8/1/2050 0.00

      % Portfolio Weight is calculated using the closing market price of each security from the prior business day.

      Holdings are subject to change. The holdings listed should not be considered recommendations to buy or sell a security.

      Asset Allocation

          Stats & Risks

          Performance Metrics

          Overall Morningstar Rating

          MORNINGSTAR CATEGORY Municipal National Short

          Morningstar Rating™ as of 08/31/26. Overall rating for the Municipal National Short. Fund ratings are out of 5 Stars: Overall 3 Stars (204 funds rated); 3 Yrs. 3 Stars (204 funds rated); 5 Yrs. 3 Stars (191 funds rated); 10 Yrs. 3 Stars (150 funds rated).
          The Morningstar Rating™ for funds, or "star rating", is calculated for managed products with at least a 3-year history. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. Managed products; including open-end mutual funds, closed-end funds and exchange-traded funds; are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its 3-, 5-,and 10-year (if applicable) Morningstar Rating metrics. © Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

          Lipper Rankings

          • 1 Year
            108 out of 134
          • 3 Year
            59 out of 125
          • 5 Year
            63 out of 117
          • 10 Year
            46 out of 84

          LIPPER CLASSIFICATION Short Municipal Debt Funds

          Lipper Category returns and rankings as of 08/31/26, are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns. Rankings do not reflect sales loads

          Main Risks

          ETFs trade like stocks, are subject to investment risk, including possible loss of principal.

          Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price decline.

          High yield bonds involve increased credit and liquidity risk than higher rated bonds and are considered speculative in terms of the issuer's ability to pay interest and repay principal on a timely basis.

          Municipal income may be subject to state and local taxes. Some income may be subject to the federal alternative minimum tax for certain investors. Capital gains, if any, are taxable.

          Risk Metrics

          As of  08/31/26  3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          BKMS
          		1.52 -1.00 0.23 74.85 -0.84

          All risk metrics are provided by Morningstar. The index used in the calculations are determined by Morningstar which may not be the funds primary benchmark. The index Morningstar used for this analysis is Bloomberg U.S. Municipal Bond Index.


          Standard Deviation - Standard deviation is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.

          Alpha - Alpha is a measure of a security's or portfolio's excess return.

          Beta - Beta is a measure of a security’s or portfolio’s volatility, or systematic risk.

          R-Squared - R-squared is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

          Sharpe Ratio - Sharpe ratio is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.

          Distributions

          Dividend Schedule

          Declared
          Monthly
          Distributed
          Monthly
          Paid
          Monthly
          Fiscal Year End
          Aug 31

          Distributions History

          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN          		 LONG-TERM 
          CAPITAL GAIN          		 RETURN OF CAPITAL TOTAL DISTRIBUTION
          10/01/26 10/01/26 10/06/26 0.0646 0.0000 0.0000 0.0000 0.0646
          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN          		 LONG-TERM 
          CAPITAL GAIN          		 RETURN OF CAPITAL TOTAL DISTRIBUTION
          09/01/26 09/01/26 09/04/26 0.0638 0.0000 0.0000 0.0000 0.0638
          08/03/26 08/03/26 08/06/26 0.0775 0.0000 0.0000 0.0000 0.0775
          07/01/26 07/01/26 07/07/26 0.0649 0.0000 0.0000 0.0000 0.0649
          06/01/26 06/01/26 06/04/26 0.0624 0.0000 0.0000 0.0000 0.0624
          05/01/26 05/01/26 05/06/26 0.0619 0.0000 0.0000 0.0000 0.0619
          04/01/26 04/01/26 04/07/26 0.0608 0.0000 0.0000 0.0000 0.0608
          03/02/26 03/02/26 03/05/26 0.0564 0.0000 0.0000 0.0000 0.0564
          02/02/26 02/02/26 02/05/26 0.0409 0.0000 0.0000 0.0000 0.0409
          Literature

          Literature

          PRODUCT INFORMATION

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          ETF Profile Sheet Download

          BNY Mellon National Short-Term Municipal Bond Fund Materials

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          Annual Report - Class M Download
          Semi Annual Report - Class M Download
          Annual Financials and Other Information Download

          Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains that and other information about the fund, and read it carefully before investing.

          ETF shares are listed on an exchange, and shares are generally purchased and sold in the secondary market at market price. At times, the market price may be a premium or discount to the ETF's per share NAV. In addition, ETFs are subject to the risk that an active trading market for an ETF's shares may not develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions. Any applicable brokerage commissions will reduce returns.

          ETFs trade like stocks, are subject to investment risk, including possible loss of principal. The risks of investing in this ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

          The fund will issue (or redeem) fund shares to certain institutional investors known as “Authorized Participants” (typically market makers or other broker-dealers) only in large blocks of fund shares known as “Creation Units.” BNY Mellon Securities Corporation (“BNYSC”), a subsidiary of BNY, serves as distributor of the fund. BNYSC does not distribute fund shares in less than Creation Units, nor does it maintain a secondary market in fund shares. BNYSC may enter into selected agreements with Authorized Participants for the sale of Creation Units of Creation Units of fund shares.

          Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

          This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

          Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.

           

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          BNY Investments Dreyfus (Dreyfus) is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation (BNY). Securities are offered by BNY Mellon Securities Corporation (BNYSC), a registered broker-dealer, affiliate of MIC and subsidiary of BNY. BNY Investments is the brand name for the investment management business of BNY and its investment firm affiliates worldwide. BNY is the corporate brand of The Bank of New York Mellon Corporation and may be used to reference the corporation as a whole or its various subsidiaries generally. Certain offshore products are not available to US investors and are distributed by BNY entities licensed in the relevant jurisdictions.

          The information provided on this site is for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circumstances. This information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorized. | MIC-978381-2026-07-30


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