BKGI - ETF AI Analysis
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BNY Mellon Global Infrastructure Income ETF (BKGI)
Rating:68Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains so far this year and in recent months, suggesting its strategy has been working in the current market.
Strong Top European Holdings
Several of the largest European positions, such as major utility and telecom companies, have delivered strong year-to-date results that support the fund’s overall performance.
Global Infrastructure Diversification
The fund spreads its investments across multiple countries and key infrastructure-related sectors like utilities, energy, and real estate, helping reduce reliance on any single market or industry.
Negative Factors
Moderately High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can slowly reduce investors’ net returns over time.
Concentration in a Few Large Positions
A small number of holdings make up a meaningful share of the portfolio, increasing the impact that problems at any one of these companies could have on the fund.
Sector Concentration in Utilities and Energy
Heavy exposure to utilities and energy means the ETF may be more sensitive to changes in regulation, interest rates, and commodity markets than a more broadly diversified fund.
BKGI vs. SPDR S&P 500 ETF (SPY)
AUM1.14B
RegionGlobal
Expense Ratio0.55%
Beta0.30
IssuerBNY Mellon
Inception DateNov 02, 2022
Dividend Yield2.91%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume241,743
30 Day Avg. Volume247,226
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
48.54Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering29
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BKGI Summary
The BNY Mellon Global Infrastructure Income ETF (BKGI) focuses on the global infrastructure theme, investing in companies that run essential services like power lines, pipelines, cell towers, and transportation networks. It does not track a specific index but holds a mix of utilities, energy, real estate, and industrial firms from the U.S., Europe, and other regions. Well-known holdings include Enbridge and Dominion Energy. Someone might invest in BKGI for diversification and potential steady income from infrastructure-related businesses. A key risk is that infrastructure and utility stocks can still go up and down with interest rates and the overall market.
How much will it cost me?The BNY Mellon Global Infrastructure Income ETF (BKGI) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is slightly higher than average because it is actively managed, focusing on a specialized sector like global infrastructure, which requires more research and management expertise.
What would affect this ETF?The BNY Mellon Global Infrastructure Income ETF (BKGI) could benefit from increased global investment in infrastructure projects, driven by urbanization, renewable energy initiatives, and technological advancements. However, it may face challenges from rising interest rates, which could impact the cost of financing for infrastructure companies, and regulatory changes in key sectors like utilities and energy. Its global exposure and focus on stable sectors like utilities and energy provide resilience, but economic slowdowns or geopolitical tensions could negatively affect its performance.
BKGI Top 10 Holdings
BKGI is firmly anchored in global infrastructure, with a clear tilt toward energy pipelines and utilities. Enbridge and Hess Midstream are sizable energy bets that have been lagging lately, acting as a bit of a brake on returns even though their long-term income story remains intact. On the brighter side, Healthpeak Properties and Italgas have been rising, giving the fund a lift alongside steady names like Engie and Enel. With holdings spread across North America and Europe, the ETF offers a global, income-focused infrastructure play rather than a U.S.-only story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Enbridge | 7.73% | $87.50M | $119.42B | 22.69% | 69 Neutral | |
| Hess Midstream Partners | 7.59% | $86.01M | $7.96B | 0.49% | 77 Outperform | |
| Naturgy Energy Group, S.A. | 6.99% | $79.19M | €26.93B | 2.83% | 71 Outperform | |
| Healthpeak Properties | 6.83% | $77.33M | $15.29B | 17.34% | 58 Neutral | |
| Omega Healthcare | 6.73% | $76.18M | $14.38B | 28.66% | 76 Outperform | |
| Engie SA | 4.79% | $54.26M | €68.30B | 36.50% | 64 Neutral | |
| Bouygues | 4.12% | $46.70M | €18.04B | 20.90% | 76 Outperform | |
| Enel S.p.A. | 4.07% | $46.11M | €102.78B | 26.72% | 67 Neutral | |
| Italgas S.p.A. | 3.42% | $38.75M | €10.09B | 44.74% | 67 Neutral | |
| Dominion Energy | 3.39% | $38.38M | $61.64B | 22.52% | 63 Neutral |
BKGI Technical Analysis
Positive
―
Price Trends
44.87
Positive
44.49
Positive
42.07
Positive
Market Momentum
-0.03
Negative
52.98
Neutral
50.22
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BKGI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 44.62, equal to the 50-day MA of 44.87, and equal to the 200-day MA of 42.07, indicating a bullish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 52.98 is Neutral, neither overbought nor oversold. The STOCH value of 50.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKGI.
BKGI Peer Comparison
Comparison Results
Performance Comparison
BKGI
BNY Mellon Global Infrastructure Income ETF
44.88
7.50
20.06%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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