BKUI Fees and Costs — BNY Mellon Ultra Short Income ETF
Data updated: 2026-09-11
The net expense ratio is 0.12% (0.13% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 15%.
BKUI Fees and Expenses
Annual operating expenses and sales charges of BKUI. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.13% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.12% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BKUI Costs Over Time
On $10,000 invested in BKUI, assuming 5% a year before costs, total costs come to $76 over 5 years, cutting the return by 0.13% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.12%) | $13 | $40 | $69 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $13 | $42 | $76 |
| Value after costs | $10,487 | $11,535 | $12,686 |
| Impact on return, per year | 0.13% | 0.13% | 0.13% |
BKUI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
BKUI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $231.9M | 24.09% |
| BOFA SECURITIES, INC. | $151.1M | 15.70% |
| CitiGroup Global Markets Inc. | $137.3M | 14.27% |
| GOLDMAN SACHS & CO. LLC | $131.5M | 13.66% |
| BARCLAYS CAPITAL, INC. | $108.9M | 11.31% |
| RBC CAPITAL MARKETS, LLC | $86.4M | 8.97% |
| WELLS FARGO SECURITIES, LLC | $68.7M | 7.14% |
| MORGAN STANLEY & CO. LLC | $17.1M | 1.78% |
| TD SECURITIES (USA) LLC | $16.3M | 1.69% |
| BMO CAPITAL MARKETS CORP. | $13.4M | 1.40% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.