As HYLD is actively-managed, the fund's dividends are at higher risk than implied by these figures, as management could always mismanage the portfolio, or change it so as to reduce its income / yield.

Source: https://seekingalpha.com/article/4601351-hyld-high-yield-corporate-bond-etf-dividend-growth-potential?source=feed_all_articles

The fund is an actively-managed portfolio of investment-grade, USD-denominated fixed income securities with an ultra-short effective duration.

Source: https://www.etfdailynews.com/2023/08/09/bny-mellon-ultra-short-income-etf-nysearcabkui-trading-up-0/