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The fund seeks total return, consisting of capital appreciation and income. To pursue this goal, the fund normally invests at least 80% of its net assets in stocks and other equity-related investments that generate dividends or other sources of income. The fund’s managers focus on stocks they believe to be undervalued, and look for companies that have robust business fundamentals — strong balance sheets, cash flow and income, as well as a strong dividend yield that has the potential to grow. The fund has the ability to invest up to 10% of its assets in equity-linked notes (ELNs), which are structured financial products that combine elements of both bonds and stock options. The fund looks to invest in ELNs that are designed to provide distributable income. Liquid ETF structure allows investors to buy or sell any time the market is open.
BNY Mellon Enhanced Dividend and Income ETF · Issued by BNY Mellon