Brookfield Global Listed Infrastructure Fund Class A
BGLAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- Brookfield Place New York NY United States of America 10281-1023
- IPO Date
- Dec 29, 2011
- CIK
- 0001520738
- Website
- privatewealth.brookfield.com
- Similar Companies
- Business
- Brookfield Global Listed Infrastructure Fund Class A (BGLAX) is an open-end mutual fund that seeks total return through growth of capital and current income by investing primarily in publicly traded equity securities of global infrastructure companies, including integrated utilities and renewables, midstream energy, electricity transmission and distribution, rail, airports, towers, water, toll roads, gas utilities, and ports. The fund allocates approximately 59% to U.S. stocks, 40% to non-U.S. stocks, and minimal cash, with top sector exposures in utilities (52%), industrials (27%), and energy (15%); top holdings as of September 30, 2025, include NextEra Energy Inc. (7%), Xcel Energy Inc. (4.8%), Union Pacific Corp. (4.7%), Williams Companies Inc. (4.7%), and Crown Castle Inc. (4%). It offers Class A shares (BGLAX), Class I shares (BGLYX), and Class C shares (BGLCX), with a net expense ratio of 1.25% for Class A, a front-end load of 4.75%, minimum initial investment of $1,000, and quarterly distributions that totaled approximately $0.22 per share for Class A in the first three quarters of 2025. Launched on December 29, 2011, and domiciled in the United States, the fund is managed by Brookfield Public Securities Group LLC (PSG), an SEC-registered investment adviser and part of Brookfield Asset Management's public securities platform, with headquarters at Brookfield Place, 250 Vesey Street, 15th Floor, New York, New York. Portfolio management is led by Tom Miller (since March 13, 2019) and Andrew Alexander (since October 29, 2024), supported by PSG's expertise in global listed real assets strategies. The fund targets large-cap value stocks in the infrastructure sector, serving U.S. investors including financial institutions, pension plans, and individuals, with geographic exposure spanning the United States (59%), Asia Pacific (15%), Canada (7%), continental Europe (7%), the United Kingdom (6%), and Latin America (5%). Recent developments include the addition of Andrew Alexander to the portfolio management team on October 29, 2024, enhancing leadership continuity amid PSG's broader real assets initiatives; the fund maintained total net assets of $131 million as of late 2025, with stable operations reflected in ongoing quarterly distributions through September 2025. In the broader Brookfield ecosystem, PSG's parent completed accretive tuck-in acquisitions in 2024 and raised over $4 billion for its Infrastructure Debt Fund IV in 2025, alongside new investments exceeding $4 billion in renewables and data infrastructure, though these do not directly impact BGLAX operations. No major fund-specific acquisitions, funding rounds, or strategic shifts were reported for BGLAX in 2024-2025, with focus remaining on core listed infrastructure equity strategies amid market volatility in utilities and energy sectors.