On Monday, December 8, 2025, BNY Investments launched the BNY Mellon Enhanced Dividend and Income ETF (BEDY). Notably, this fund was converted from a mutual fund into an ETF. BEDY looks to offer total return through both capital appreciation and income. The fund is actively managed and has a net expense ratio of 50 basis points. As part of its goal to generate total return, the lion's share of BEDY's net assets are allocated to stocks or other instruments that either generate dividends or other sources of i ...