BNY Mellon US Large Cap Core Equity ETF (BKLC)
- Previous Close
106.89 - Open
106.76 - Bid 106.90 x 3000
- Ask 106.96 x 800
- Day's Range
106.50 - 107.01 - 52 Week Range
77.55 - 107.37 - Volume
32,238 - Avg. Volume
79,122 - Net Assets 2.61B
- NAV 106.84
- PE Ratio (TTM) 30.12
- Yield 1.23%
- YTD Daily Total Return 19.02%
- Beta (5Y Monthly) 1.00
- Expense Ratio (net) 0.00%
Under normal circumstances, the fund generally invests in all of the stocks in the index in proportion to their weighting in the index. The index is a float-adjusted market capitalization weighted index designed to measure the performance of 500 of the largest companies listed on U.S. stock markets. It is non-diversified.
BNY Mellon
Fund Family
Large Blend
Fund Category
2.61B
Net Assets
2020-04-07
Inception Date
Performance Overview: BKLC
View MoreTrailing returns as of 9/13/2024. Category is Large Blend.
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Holdings: BKLC
View MoreTop 10 Holdings (33.59% of Total Assets)
Sector Weightings
Recent News: BKLC
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Research Reports: BKLC
View MoreUS-Based Asset Managers: Market Values for Asset Managers Already Pricing In an Easing Rate Cycle
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetTiming and Magnitude of Rate Cuts Will Influence Federated Hermes' Near-Term Results
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetMoney-market assets rise in 2Q but equity outflows continue
Federated Hermes, based in Pittsburgh, is an asset management holding company with about $783 billion in AUM as of June 30, 2024. It offers equity, fixed-income and money-market funds. The company's clients include high-net-worth individuals, registered investment advisors, pension funds, charities, and government organizations. Federated Hermes takes a relatively conservative, long-term approach to investing.
RatingPrice TargetUS-Based Asset Managers: Recovery in AUM, Revenue, and Profitability Already Baked Into Share Prices
Federated provides asset management services for institutional and individual investors. The firm had $778.7 billion in managed assets at the end of March 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 47% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (64% of AUM), institutional investors (28%), and international clients (8%).
RatingPrice Target