BEDY: BNY MELLON ENHANCED DIVIDEND AND INCOME ETF
What this ETF is trying to do
The BNY Mellon Enhanced Dividend and Income ETF (BEDY) is designed to provide investors with income. It does this by holding a variety of assets, including stocks and money market funds. As of October 4, 2026, the fund held 59 different assets.
Top Holdings
Because the holdings list is partial, we only see the largest positions. The top holdings include:
• Dreyfus Institutional Preferred Government Money M (9.73%)
• Citigroup Global Markets Holdings Inc. 0% (8.01%)
• Microsoft Corp (4.72%)
• JPMorgan Chase & Co (3.68%)
• UnitedHealth Group Inc (3.02%)
What the numbers show
As of October 9, 2026, the share price of BEDY was $28.86.
When looking at performance for the current year (Year-to-Date), there are two different numbers to understand:
• Price Return: The YTD price return is approximately 8.50%. This measures only the change in the share price.
• Total Return: The YTD total return is approximately 15.23%. This is a different measure that includes both the share-price movement and the distributions paid out.
Data for one-year and three-year returns was not supplied.
Income and distribution explanation
This ETF usually pays out distributions monthly. Over the last 12 months, it has made 10 payouts.
The distribution yield is approximately 6.02%. It is important for beginners to know that a high distribution yield alone can be misleading. While it shows how much cash is being paid out relative to the price, it does not guarantee that the investor's original investment (the principal) is staying stable.
NAV erosion explanation
"NAV erosion" happens when the net asset value of a fund declines over time. Investors who want steady income usually care about principal stability so their original investment doesn't shrink.
For this ETF, the severe erosion-risk flag is false. However, the erosion score is currently unavailable because there is not enough verified price history to calculate it.
Pros
• Positive YTD Growth: The fund has shown both a positive price return and a higher total return so far this year.
• Regular Income: It provides frequent cash distributions, usually on a monthly basis.
Cons
• Limited History: There is not enough data to provide one-year or three-year performance figures.
• Unknown Erosion Score: Because the price history is short, there is no verified erosion score available.
Beginner takeaway
BEDY is an income-focused ETF that has seen growth in both its share price and total return so far this year. While it offers a distribution yield of about 6.02%, remember that distributions are different from total returns. Always look at both the price movement and the distributions to understand how an investment is performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CITIGROUP GLOBAL MARKETS HOLDINGS INC. 0% | n/a | 7.20% |
| 2 | MICROSOFT CORP | MSFT | 5.44% |
| 3 | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT MONEY M | n/a | 4.54% |
| 4 | JPMORGAN CHASE & CO | JPM | 4.08% |
| 5 | FIFTH THIRD BANCORP | FITB | 3.36% |
| 6 | AT&T INC | T | 3.31% |
| 7 | CISCO SYSTEMS INC | CSCO | 2.92% |
| 8 | UNITEDHEALTH GROUP INC | UNH | 2.85% |
| 9 | JOHNSON & JOHNSON | JNJ | 2.69% |
| 10 | SLB LTD | SLB | 2.48% |