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BNY Mellon Ultra Short Income ETF (BKUI)

Ultrashort Bond | Exchange Traded Fund | NYSEArca
49.71 USD -0.01 (-0.030%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 49.71

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 4:14 a.m. EDT

The ultra-short income strategy offers a compelling 4.2% yield, which is robust relative to current rates, yet the recent distribution history reveals a concerning trend of volatility and potential compression. While the fund has successfully restored payouts to healthy levels since the 2022 lows, the last few months show erratic payments ranging from $0.138 to $0.207, suggesting the underlying credit spread environment is fragile and the yield is not guaranteed to remain stable. On the price front, the asset is essentially flat over the trailing four-year window, having recovered slightly from a 2022 dip but failing to generate meaningful capital appreciation. This stagnation indicates the market views the trade-off between the elevated yield and the inherent interest rate risk of short-duration bonds as balanced, offering neither a significant discount nor a premium. For investors seeking pure income, the payout is attractive but requires active monitoring of the distribution consistency; for those seeking growth or capital preservation, the lack of price momentum and the sensitivity to rate shifts make it a neutral holding rather than a standout opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.000759
MSTL0.000997
AutoARIMA0.001248
AutoTheta0.001307

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 85%
H-stat 4.13
Ljung-Box p 0.000
Jarque-Bera p 0.755
Excess Kurtosis -0.54

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.35% 4.14% 4.59%
Dividend History
Date Dividend Yield %
2026-08-03 0.174 0.350913
2026-07-01 0.175 0.352858
2026-06-01 0.155 0.312060
2026-05-01 0.166 0.334408
2026-04-01 0.138 0.277946
2026-03-02 0.160 0.321576
2026-02-02 0.165 0.331558
2025-12-29 0.207 0.416206
2025-12-01 0.164 0.329483
2025-11-03 0.185 0.371852
2025-10-01 0.190 0.381756
2025-09-02 0.178 0.357681
2025-08-01 0.205 0.412392
2025-07-01 0.178 0.358149
2025-06-02 0.186 0.374660
2025-05-01 0.199 0.400765
2025-04-01 0.174 0.350242
2025-03-03 0.175 0.352184
2025-02-03 0.190 0.383026
2024-12-27 0.219 0.442201
2024-12-02 0.182 0.366899
2024-11-01 0.208 0.419524
2024-10-01 0.219 0.440777
2024-09-03 0.227 0.457477
2024-08-01 0.237 0.478450
2024-07-01 0.199 0.402793
2024-06-03 0.221 0.447323
2024-05-01 0.205 0.415400
2024-04-01 0.212 0.428933
2024-03-01 0.201 0.406636
2024-02-01 0.206 0.416036
2023-12-27 0.141 0.285252
2023-12-01 0.186 0.377627
2023-11-01 0.207 0.422147
2023-10-02 0.186 0.379437
2023-09-01 0.199 0.405419
2023-08-01 0.192 0.391397
2023-07-03 0.189 0.385832
2023-06-01 0.196 0.400122
2023-05-01 0.154 0.314446
2023-04-03 0.172 0.351745
2023-03-01 0.152 0.310743
2023-02-01 0.149 0.303989
2022-12-28 0.160 0.327835
2022-12-01 0.145 0.297040
2022-11-01 0.119 0.244629
2022-10-03 0.097 0.198811
2022-09-01 0.099 0.202351
2022-08-01 0.056 0.114367
2022-07-01 0.050 0.102155
2022-06-01 0.044 0.089650
2022-05-02 0.034 0.069289
2022-04-01 0.031 0.062995
2022-03-01 0.023 0.046460
2022-02-01 0.027 0.054414
2021-12-29 0.031 0.062293
2021-12-01 0.026 0.052188
2021-11-01 0.018 0.036090
2021-10-01 0.020 0.040012
2021-09-01 0.013 0.025992
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.2

Info Dump

Attribute Value
All Time High 50.927
All Time Low 48.63
Ask 49.73
Ask Size 8,200
Average Daily Volume10 Day 38,300
Average Daily Volume3 Month 48,004
Average Volume 48,004
Average Volume10Days 38,300
Beta3 Year 0.08
Bid 49.72
Bid Size 800
Category Ultrashort Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 49.73
Day Low 49.71
Dividend Yield 4.2
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 49.67202
Fifty Day Average Change 0.037979126
Fifty Day Average Change Percent 0.00076459796
Fifty Two Week Change Percent -0.08037686
Fifty Two Week High 49.96
Fifty Two Week High Change -0.25
Fifty Two Week High Change Percent -0.005004003
Fifty Two Week Low 49.54
Fifty Two Week Low Change 0.16999817
Fifty Two Week Low Change Percent 0.0034315335
Fifty Two Week Range 49.54 - 49.96
First Trade Date Milliseconds 1,628,688,600,000
Five Year Average Return 0.035877
Full Exchange Name NYSEArca
Fullday Change -0.0149994
Fullday Change Percent -0.0301647
Fullday Price 49.71
Fund Family BNY Mellon
Fund Inception Date 1,628,467,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund normally invests at least 80% of its net assets in investment grade, U.S. dollar denominated fixed, variable, and floating rate debt or cash equivalents. The advisor typically seeks to maintain an effective duration of one year or less, although, under certain market conditions, such as in periods of significant volatility in interest rates and spreads, its duration may be longer than one year. The fund's portfolio, under normal market conditions, will have an average credit rating of at least A or equivalent.
Long Name BNY Mellon Ultra Short Income ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_712746451
Nav Price 49.723
Net Assets 581,816,320.0
Net Expense Ratio 0.12
Open 49.73
Phone (212) 922-6400
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 49.71
Post Market Time 1,787,959,806
Previous Close 49.725
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.0149994
Regular Market Change Percent -0.0301647
Regular Market Day High 49.73
Regular Market Day Low 49.71
Regular Market Day Range 49.71 - 49.73
Regular Market Open 49.73
Regular Market Previous Close 49.725
Regular Market Price 49.71
Regular Market Time 1,787,947,200
Regular Market Volume 23,718
Short Name BNY Mellon Ultra Short Income E
Source Interval 15
Symbol BKUI
Three Year Average Return 0.0506772
Total Assets 581,816,320
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.84438
Trailing Three Month Returns 0.84438
Triggerable 1
Two Hundred Day Average 49.75308
Two Hundred Day Average Change -0.043079376
Two Hundred Day Average Change Percent -0.0008658635
Type Disp ETF
Volume 23,718
Yield 0.042
Ytd Return 1.90481