BNY Mellon acts as depositary or trustee for the HOLDRS products. HOLDRS represent deposited shares of stock issued by a specified group of companies involved in a particular industry sector or investment grouping. These companies have been selected by Merrill Lynch based upon market capitalization and trading volume.
The BNY Mellon Depositary Receipt (DR) Indices are the only indices to track all DRs traded on The New York Stock Exchange, NYSE Amex, NASDAQ, The London Stock Exchange and also traded OTC. The BNY Mellon DR Indices include five composite indices with corresponding sub-indices: