Historical Prices

Start Date End Date

BNY Mellon Global Infrastructure Income ETF (BKGI)

  • CUSIP 09661T826
  • NAV  $27.84 As of  12/02/22
  • CHG  $-0.01 (-0.04%)
  • MKT PRICE  $27.84 As of  12/02/22
  • CHG  $0.02 (0.07%)
  • TOT EXPENSE RATIO  0.65%

Why invest in this Fund?

  • The fund seeks long-term total return, and also targets, but does not guarantee, an annualized gross forward-looking 12-month yield of 6% or more.
  • Generally, infrastructure assets (such as utilities, oil and gas pipelines, communication services and providers of these services) often contain inflation links* tied to the Consumer Price Index, which may help investors mitigate the erosive pressure of rising costs.
  • The fund provides a differentiated infrastructure approach – focusing on both traditional (energy, industrials and utilities) and non-traditional infrastructure assets (communication services, health care and real estate), which can provide a broader opportunity set in the infrastructure space.
  • Infrastructure exposure offers investors an additional equity allocation with a focus on defensive business models and quarterly dividend income.
  • Liquid ETF structure allows investors to buy or sell any time the market is open.

*An inflation link is an agreement, either through a contract or with regulators or other means, that allows a company to adjust their pricing of materials or services based on an inflation measure, such as PPI (Producer Price Index) or CPI (Consumer Price Index). Most fully regulated businesses require that the regulated entity have their returns reviewed on a regular basis, which adjust to take into account the cost of capital.

INCEPTION DATE
11/02/22
NET ASSETS
$11,136,556  As of  12/02/22
NUMBER OF SHARES OUTSTANDING
400,001As of  12/02/22
MARKET PRICE 52-WEEK HIGH
$27.84 As of 12/02/22
MARKET PRICE 52-WEEK LOW
$24.83 As of 11/03/22
DISTRIBUTION FREQUENCY
Quarterly
SUB-ASSET CLASS
Global/International - Value
EXCHANGE
Cboe Global Markets

NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Market Price - The market price is the most recent official closing price for the listed exchange.

Dividend Yield (Annualized) - The dividend yield is the ratio of the fund’s annual dividend compared to it’s share price.

Price/Earnings Ratio - Price-to-earnings (P/E) is the ratio of the market price of a firm’s common stock to its current (or predicted) earnings per share.

Price/Book Ratio - Price-to-book value (P/B) is a ratio used to compare a stock's market value with its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value (assets minus liabilities).

Weighted Avg Market Cap - Weighted average market cap is the average market capitalization of corporations in a fund or index, weighted by the percentage of the holding in the fund or index.

Portfolio Managers

  • Lydotes, James A.

    James A. Lydotes, CFA

    Deputy CIO, Newton Investment Management North America, LLC

    Since Fund Inception

  • Campbell, Brock

    Brock Campbell, CFA

    Portfolio Manager, Newton Investment Management North America, LLC

    Since Fund Inception


Daily Statistics

As of 12/02/22 NAME 30-DAY
SEC YIELD
(WITHOUT WAIVER)
30-DAY
SEC YIELD
(WITH WAIVER)
30-DAY MEDIAN 
BID/ASK 
SPREAD
PREVIOUS DAY
VOLUME
20-DAY AVG 
VOLUME
PREMIUM/ 
DISCOUNT
BNY Mellon Global Infrastructure Income ETF
5.01% 5.01% 0.27% 8,100 413 -0.00%

30-Day SEC Yield - 30-Day SEC Yield is based upon dividends per share from net investment income during the past 30 days, divided by the period ended maximum offering price per share and annualized. Unsubsidized yield displays what the fund's 30-Day SEC Yield would have been had no fee waiver or expense reimbursement been in place during the period.

30-Day Median Bid-Ask Spread - Provides investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.

20-Day Avg Volume - 20-Day Average Volume is the sum of last 20 days of trading volume divided by 20 days.

Premium / Discount - The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.



Prospectus Fee Table Expense Ratios

Fees as stated in the prospectus  Fee Description Total Expense Ratio (%)
Management Fee 0.65%
Other Expenses 0.00%
Total Expenses 0.65%

The Total Expenses is the actual fund expense ratio applicable to investors.



Portfolio Manager/Sub-Investment Adviser

The fund's investment adviser is BNY Mellon ETF Investment Adviser, LLC and the fund's sub-adviser is Newton Investment Management North America LLC, an affiliate of the Adviser.

James A. Lydotes, CFA and Brock Campbell, CFA are the fund's primary portfolio managers. Mr. Lydotes has been the lead primary portfolio manager and Mr. Campbell has been a primary portfolio manager of the fund since its inception in November 2022. Mr. Lydotes is deputy chief investment officer of equity at Newton. Mr. Campbell is the head of global equity research at Newton. Each portfolio manager is jointly and primarily responsible for the day-to-day management of the fund's portfolio.

Holdings

As of 12/02/22
Holdings % Portfolio Weight
ONEOK INC 7.72
SSE PLC 7.06
BOUYGUES SA 6.90
ENEL SPA 6.32
ANTERO MIDSTREAM CORP 6.11
MEDICAL PROPERTIES TRUST 6.05
ORANGE 5.17
VINCI SA 4.40
HESS MIDSTREAM LP - CLASS 4.28
ENDESA SA 4.09
CLEARWAY ENERGY INC-C 3.93
ITALGAS SPA 3.84
DEUTSCHE POST AG-REG 3.70
DOMINION ENERGY INC 3.19
OMEGA HEALTHCARE INVESTOR 3.17
DRAX GROUP PLC 3.12
WILLIAMS COS INC 2.43
ENGIE 2.33
ENAGAS SA 2.09
PPL CORP 1.91
JIANGSU EXPRESS CO LTD-H 1.90
ENBRIDGE INC 1.88
RED ELECTRICA CORPORACION 1.74
VISTRA CORP 1.61
VERIZON COMMUNICATIONS IN 1.52
DREYFUS INSTITUTIONAL PRE 1.50
PROXIMUS 1.15
SFL CORP LTD 0.83
Net Current Assets 0.04
EURO 0.03
POUND STERLING 0.00
HONG KONG DOLLAR 0.00

% Portfolio Weight is calculated using the closing market price of each security from the prior business day.

Main Risks

ETFs trade like stocks, are subject to investment risk, including possible loss of principal.

Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees. Investing in foreign denominated and/or domiciled securities involves special risks, including changes in currency exchange rates, political, economic, and social instability, limited company information, differing auditing and legal standards, and less market liquidity. These risks generally are greater with emerging market countries.

There is no guarantee that dividend-paying companies will continue to pay, or increase, their dividend. High-dividend stocks may not experience the same capital appreciation as non-dividend paying stocks during periods of high growth for equities.

Because the fund invests significantly in companies that are engaged in the infrastructure business, the fund is more susceptible to adverse economic, regulatory, political, legal and other changes affecting such companies. Infrastructure companies are subject to a variety of factors that may adversely affect their business or operations, including high interest costs in connection with capital construction programs, costs associated with environmental and other regulations, difficulty in raising capital in adequate amounts on reasonable terms in periods of high inflation or unsettled capital markets, the effects of economic slowdown and surplus capacity, increased competition from other providers of services, uncertainties concerning the availability of fuel at reasonable prices, the effects of energy conservation policies, service interruption due to environmental, operational or other mishaps, and other factors.

The fund is non-diversified, which means that the fund may invest a relatively high percentage of its assets in a limited number of issuers. Therefore, the fund's performance may be more vulnerable to changes in the market value of a single issuer or group of issuers and more susceptible to risks associated with a single economic, political or regulatory occurrence than a diversified fund.

Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.

Although fund shares are listed for trading on an exchange and may be listed or traded on other U.S. and non-U.S. stock exchanges as well, there can be no assurance that an active trading market for such fund shares will develop or be maintained. Trading in fund shares may be halted due to market conditions or for reasons that, in the view of the listing exchange, make trading in fund shares inadvisable. In addition, trading in fund shares on an exchange is subject to trading halts caused by extraordinary market volatility pursuant to exchange "circuit breaker" rules. There can be no assurance that the requirements of the listing exchange necessary to maintain the listing of the fund will continue to be met or will remain unchanged or that fund shares will trade with any volume, or at all, on any stock exchange.

Please refer to the prospectus for a more complete discussion of the fund's main risks.


Dividend Schedule

Declared
Quarterly
Distributed
Quarterly
Paid
Quarterly
Fiscal Year End
Oct 31

Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains that and other information about the fund, and read it carefully before investing.

ETF shares are listed on an exchange, and shares are generally purchased and sold in the secondary market at market price. At times, the market price may be a premium or discount to the ETF's per share NAV. In addition, ETFs are subject to the risk that an active trading market for an ETF's shares may not develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions. Any applicable brokerage commissions will reduce returns.

ETFs trade like stocks, are subject to investment risk, including possible loss of principal. Equities are subject to market, market sector, market liquidity, issuer, and investment style risks, among other factors, to varying degrees. The risks of investing in this ETF typically reflect the risks associated with the types of instruments in which the ETF invests. Diversification cannot assure a profit or protect against loss.

The fund will issue (or redeem) fund shares to certain institutional investors known as “Authorized Participants” (typically market makers or other broker-dealers) only in large blocks of fund shares known as “Creation Units.” BNY Mellon Securities Corporation (“BNYMSC”), a subsidiary of the BNY Mellon, serves as distributor of the fund. BNYMSC does not distribute fund shares in less than Creation Units, nor does it maintain a secondary market in fund shares. BNYMSC may enter into selected agreements with Authorized Participants for the sale of Creation Units of Creation Units of fund shares.

Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, investment manager or account arrangement and should not serve as a primary basis for investment decisions.

Please consult a legal, tax or investment professional in order to determine whether an investment product or service is appropriate for a particular situation.