BKHY 📈 BNY Mellon High Yield Beta - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US09661T8009 • High Yield Bond
BKHY: High Yield Bonds, ETFs
The fund seeks to provide diversified investment exposure to the U.S. high yield bond market. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in high yield securities and ETFs providing exposure to such securities. It's policy with respect to the investment of at least 80% of its net assets may be changed by the fund's board, upon 60 days' prior notice to shareholders. The fund's managers consider high yield securities to be securities with ratings that qualify for inclusion in the index.
Additional Sources for BKHY ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BKHY ETF Overview
| Market Cap in USD | 346m |
| Category | High Yield Bond |
| TER | 0.22% |
| IPO / Inception | 2020-04-22 |
BKHY ETF Ratings
| Growth 5y | 57.3% |
| Fundamental | - |
| Dividend | 79.0% |
| Rel. Strength Industry | 213 |
| Analysts | - |
| Fair Price Momentum | 49.00 USD |
| Fair Price DCF | - |
BKHY Dividends
| Dividend Yield 12m | 7.04% |
| Yield on Cost 5y | 9.41% |
| Annual Growth 5y | 11.94% |
| Payout Consistency | 95.4% |
BKHY Growth Ratios
| Growth Correlation 3m | 57.6% |
| Growth Correlation 12m | 97.1% |
| Growth Correlation 5y | 51.8% |
| CAGR 5y | 6.41% |
| CAGR/Mean DD 5y | 1.71 |
| Sharpe Ratio 12m | 0.84 |
| Alpha | -3.62 |
| Beta | 0.34 |
| Volatility | 6.06% |
| Current Volume | 19.9k |
| Average Volume 20d | 19.6k |
What is the price of BKHY stocks?
As of December 22, 2024, the stock is trading at USD 47.98 with a total of 19,900 shares traded.
Over the past week, the price has changed by -0.56%, over one month by -0.10%, over three months by -0.05% and over the past year by +8.67%.
As of December 22, 2024, the stock is trading at USD 47.98 with a total of 19,900 shares traded.
Over the past week, the price has changed by -0.56%, over one month by -0.10%, over three months by -0.05% and over the past year by +8.67%.
Is BNY Mellon High Yield Beta a good stock to buy?
Partly, yes. Based on ValueRay Analyses, BNY Mellon High Yield Beta (NYSE ARCA:BKHY) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 57.30 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BKHY as of December 2024 is 49.00. This means that BKHY is currently overvalued and has a potential downside of 2.13%.
Partly, yes. Based on ValueRay Analyses, BNY Mellon High Yield Beta (NYSE ARCA:BKHY) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 57.30 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BKHY as of December 2024 is 49.00. This means that BKHY is currently overvalued and has a potential downside of 2.13%.
Is BKHY a buy, sell or hold?
BNY Mellon High Yield Beta has no consensus analysts rating.
BNY Mellon High Yield Beta has no consensus analysts rating.
What are the forecast for BKHY stock price target?
According to ValueRays Forecast Model, BKHY BNY Mellon High Yield Beta will be worth about 53.4 in December 2025. The stock is currently trading at 47.98. This means that the stock has a potential upside of +11.19%.
According to ValueRays Forecast Model, BKHY BNY Mellon High Yield Beta will be worth about 53.4 in December 2025. The stock is currently trading at 47.98. This means that the stock has a potential upside of +11.19%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 53.4 | 11.2% |