
The BNY Mellon Global Infrastructure Income ETF is designed to achieve substantial long-term capital growth while also aiming for an impressive annualized gross forward-looking yield of 6% or higher, though this target is not assured. A key advantage of its infrastructure investments—encompassing essential services like utilities, energy transportation, and communication networks—is their inherent inflation linkage, often tied to the Consumer Price Index. This can offer investors a shield against the financial pressure of rising costs. The fund adopts a unique and comprehensive approach…
Is BKGI's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

BNY Mellon Global Infrastructure Income ETF (BKGI) offers global infrastructure exposure with a forward yield target of 6%. I'm initiating coverage of BKGI with a buy rating. It's global infrastructure income that fits my bull thesis on the West's power buildout. The look-through splits cleanly: North America trades at 21.4x forward P/E on 4.91x net debt/EBITDA, Europe at 13.6x on 2.88x.

Considering that the Federal Reserve has been meeting this week, it's safe to say that inflation is likely front-and-center on the minds of many advisors and investors. After all, energy prices and supply chain constraints have kept inflationary pressures far more persistent than the Fed would like.

Broadly speaking, when advisors and investors are looking to dial into a particular sector for their portfolio, it's usually for either an offensive or defensive means. An infrastructure ETF can play both offense and defense, especially right now.

It seems like the momentum for the BNY Mellon Global Infrastructure Income ETF (BKGI) won't slow down any time soon. After hitting $1 billion in assets under management back in May, the fund has continued to pick up steam, sitting at a little over $1.1 billion in AUM as of June 23, 2026.

Infrastructure took center stage at VettaFi's Midyear Market Outlook Symposium on Thursday, drawing portfolio managers from Impax Asset Management and BNY Investments – Newton. Both argued that the asset class belongs in most portfolios as a dedicated allocation, not a tactical theme.