BNY Mellon Global Infrastructure Income ETF
BKGI
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 240 Greenwich Street New York NY United States of America 10286
- IPO Date
- Nov 4, 2022
- Website
- bny.com
- Similar Companies
- Business
- BNY Mellon Global Infrastructure Income ETF (BKGI) is an actively managed exchange-traded fund that seeks long-term total return, consisting of capital growth and income, with a targeted but not guaranteed annualized gross forward-looking 12-month yield of 6% or more for its portfolio; it invests primarily in equity securities of companies around the world engaged in or related to infrastructure, including traditional sectors such as energy, industrials, transportation, and utilities, as well as non-traditional areas like communication services, health care, and real estate. The fund emphasizes dividend-paying infrastructure companies with defensive business models, offering quarterly dividend distributions and exposure to inflation-linked assets tied to measures like the Consumer Price Index. Top holdings include Enel SpA, Enbridge Inc., and Omega Healthcare Investors Inc., with sector allocations led by utilities (approximately 60%), energy (20%), and industrials (10%); regional exposure spans Europe (about 45%), the United States (41%), the United Kingdom (7%), Canada (3%), and emerging markets (3%). Launched on November 2, 2022, and domiciled in the United States with shares listed on the Cboe BZX Exchange under the ticker BKGI (CUSIP 09661T826), the ETF is managed by BNY Mellon ETF Investment Adviser, LLC, with sub-advisory services provided by Newton Investment Management North America, LLC and Newton Investment Management Limited, both affiliates of The Bank of New York Mellon Corporation. The fund maintains a net expense ratio of 0.55% (gross 0.65%), reflecting a contractual fee waiver through February 28, 2026, and holds approximately 30-36 securities with total assets under management exceeding $300 million as of late 2025. Recent developments include sustained strong performance, with year-to-date NAV total returns reaching 39.02% as of November 30, 2025, outperforming the S&P Global Infrastructure NR Index (22.44%), and annualized returns since inception of 22.09%; a 5-star Morningstar rating in the Infrastructure category (out of 83 funds) as of the same date; and quarterly dividend payments continuing unabated, including $0.3019 per share paid on October 6, 2025, following $0.4769 on July 7, 2025, supporting an annualized dividend yield of approximately 4.90%. The fund has also realized portfolio growth to around $305 million in assets and maintained a tight 30-day median bid-ask spread of 0.10-0.13%, enhancing liquidity for investors. No major acquisitions, partnerships, or strategic shifts have been announced in the past 1-2 years, with focus remaining on active management to meet yield targets amid favorable infrastructure market conditions.