M&A - BNY Mellon ETF Trust II

Form Type: N-14

Filing Date: 2025-06-16

Corporate Action: Merger

Type: New

Accession Number: 000202596825000011

Filing Summary: BNY Mellon ETF Trust II has filed a Form N-14 registration statement for the reorganization of BNY Mellon Income Stock Fund, a mutual fund, into BNY Mellon Enhanced Dividend and Income ETF. This reorganization will enable shareholders to convert their mutual fund shares into ETF shares, providing them with enhanced tax efficiency and lower management fees. The special meeting for shareholders to vote on this proposal is scheduled for September 10, 2025. If the plan is approved, it is expected to close around December 5, 2025. Fund shareholders will either receive shares of the Acquiring ETF or, for those in non-qualifying accounts, cash or Wealth shares of Dreyfus Government Cash Management. The document outlines the potential benefits of the ETF structure, including improved trading flexibility and lower transaction costs.