Macquarie Global Listed Infrastructure ETF
BILD
New York Stock Exchange Arca- -
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
- 125 West 55th Street New York NY United States of America 10019
- IPO Date
- Dec 1, 2023
- Website
- etf.macquarie.com
- Similar Companies
- Business
- Nomura Global Listed Infrastructure ETF (BILD) is an actively managed exchange-traded fund that seeks total return, consisting of both capital growth and income, through investments in global listed infrastructure companies. The ETF primarily invests at least 80% of its net assets in equity securities of infrastructure companies, including those involved in utilities, transportation, energy, and communications; it holds a diversified portfolio with approximately 58% in non-U.S. stocks, 39% in U.S. stocks, and minimal cash allocations. Launched on November 28, 2023, and domiciled in the United States, BILD trades on the NYSE Arca exchange with a net expense ratio of 0.50% and total assets under management of around $6.25 million. The fund is issued by Nomura ETF Trust and managed by portfolio managers Bradford Frishberg (since inception) and Barry Klein (since October 2024), with investment advisory services provided by entities affiliated with Nomura Asset Management, including Nomura Asset Management U.K. Limited and Nomura Asset Management Australia Pty Limited under certain circumstances. It targets investors seeking exposure to the infrastructure sector, benchmarking performance against indices such as the MSCI World Index (Net) and S&P Global Infrastructure Index (Net). In a significant recent development, Nomura announced in April 2025 its acquisition of Macquarie's U.S. and European public asset management businesses, including the ETF platform that originally launched BILD as the Macquarie Global Listed Infrastructure ETF in November 2023; this transaction enhances Nomura's asset management capabilities and includes ongoing collaboration on product distribution and seed capital for alternative funds tailored to U.S. wealth clients. Nomura Asset Management, the sponsor's affiliate, is headquartered in Tokyo, Japan, at 2-2-1 Toyosu, Koto-ku, with global operations spanning the United States, Europe, Asia-Pacific, and other regions. The ETF remains focused on mid-cap value-style investments in the Morningstar Infrastructure category, delivering a trailing twelve-month dividend yield of approximately 5.08%.