BNY’s BEDY ETF posts 11.29% 30-day SEC yield

BNY’s Enhanced Dividend and Income ETF (BEDY) reported a 30-day SEC yield of 11.29% as of March 31, 2026. The fund invests in dividend-paying equities and may allocate up to 10% of net assets to equity-linked notes (ELNs).

Portfolio managers select holdings using fundamental analysis, risk management and a proprietary computer model that ranks stocks across sectors and industries. The model evaluates intrinsic value, income potential, business momentum and core business fundamentals. Managers choose from higher-ranked securities while maintaining diversification across companies and sectors.

The fund’s ELN authority is limited to 10% of net assets. BEDY focuses on ELNs that generate distributable income; ELNs are structured instruments tied to the performance of a single equity or an equity basket and can create additional income streams within a fund. ELNs carry issuer and market risk.

Equity income strategies invest primarily in dividend-paying stocks to provide periodic income and potential long-term capital appreciation. Some investors use equity income funds as an additional source of yield when bond returns are affected by inflation or interest-rate changes.

The 30-day SEC yield annualizes a fund’s net investment income over the most recent 30-day period after expenses and offers a standardized measure of current income generation. BEDY combines dividend-equity selection with a limited ELN allocation to pursue distributable income while preserving diversification across sectors.