BNY Mellon Cuts Municipal Opportunities ETF Fee Through 2027

BNY Mellon has introduced a temporary fee waiver for the BNY Mellon Municipal Opportunities ETF, reducing its net annual expense ratio from 0.54% to 0.49% effective July 13, 2026. The adviser will waive 0.05% of its management fee through December 31, 2027, with the arrangement protected from early termination without board approval. The change follows the ETF’s January 2026 reorganization from a mutual fund structure and lowers the cost of holding the actively managed municipal bond strategy for investors over the waiver period.