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    BNY Mellon Global Infrastructure Income ETF (BKGI)

    • CUSIP 09661T826
    • NAV  $ 27.45 As of  04/15/24
    • CHG  $ -0.25 (-0.90 %)
    • MKT PRICE  $27.46 As of  04/15/24
    • CHG  $-0.26 (-0.94 %)
    • 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 for its portfolio1 (the “targeted yield”).
    • 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.

    1.The targeted yield represents the forward-looking yield of the fund's portfolio securities in the aggregate over the next 12 months, calculated before fund fees, expenses, and taxes, and does not represent the amount of distributions payable to fund shareholders.

    INCEPTION DATE
    11/02/22
    NET ASSETS
    $20,590,412  As of  04/15/24
    NUMBER OF SHARES OUTSTANDING
    750,001  As of  04/15/24
    MARKET PRICE 52-WEEK HIGH
    $29.81  As of  05/08/23
    MARKET PRICE 52-WEEK LOW
    $24.63  As of  10/03/23
    TURNOVER RATIO TTM
    0.00 As of  03/31/24
    DISTRIBUTION FREQUENCY
    Quarterly
    Morningstar Category
    Infrastructure
    Number of Holdings
    36 As of  03/31/24
    PRICE/EARNINGS RATIO
    9.64 As of  03/31/24
    PRICE/BOOK RATIO
    1.57 As of  03/31/24
    WEIGHTED AVERAGE MARKET CAP
    (in millions)
    $30,266 As of  03/31/24
    SUB-ASSET CLASS
    Global/International - Value
    EXCHANGE
    Cboe Global Markets

    Yields and Expense Ratio

    30-DAY SEC YIELD
    as of 04/15/24
     SUBSIDIZED
    UNSUBSIDIZED DIVIDEND YIELD
    (ANNUALIZED)
    as of  03/31/24
    CONTRACTUAL
    FEE WAIVER END DATE
    PROSPECTUS FEE TABLE EXPENSE RATIO (%)
    as of  03/01/24
    NET
    GROSS
    5.66 5.66 6.38 - 0.65 0.65

    *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.

    Yield fluctuates and past performance is no guarantee of future results.

    The SEC 30-day Yield is calculated by dividing the net investment income per share earned during the period (calculated in accordance with regulatory guidelines) by the maximum offering price per share on the last day of the period.

    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.

     

    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

    • James A. Lydotes

      James A. Lydotes, CFA

      Deputy CIO, Newton Investment Management North America, LLC

      Managing Fund Since Inception

      Joined Firm in 1998

      Joined Industry in 1998

    • Brock Campbell

      Brock Campbell, CFA

      Portfolio Manager, Newton Investment Management North America, LLC

      Managing Fund Since Inception

      Joined Firm in 2005

      Joined Industry in 2005

    Daily Statistics

    As of  04/15/24 NAME 30-DAY MEDIAN 
    BID/ASK 
    SPREAD
    PREVIOUS DAY
    VOLUME
    20-DAY AVG 
    VOLUME
    PREMIUM/ 
    DISCOUNT
    YTD
    Total Return
    (NAV)
    BNY Mellon Global Infrastructure Income ETF
    0.21% 1,985 7,119 0.02% -0.74%

    The performance data quoted represents past performance, which is no guarantee of future results.

     

    30-Day Median Bid-Ask Spread - Gives 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.

    Total Returns

    Click here for NAV Returns 
    MARKET PRICE
    Average Annual
    As of 03/31/24
    Name 3 MO
    03/31/24
    YTD
    03/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Global Infrastructure Income ETF
    BKGI
    3.38 3.38 8.99 - - - 15.39
    S&P Global Infrastructure NR Index
    1.12 1.12 3.12 4.59 3.97 4.24 -
    MARKET PRICE
    Average Annual
    As of 03/31/24
    Name 3 MO
    03/31/24
    YTD
    03/31/24
    1 YR 3 YRS 5 YRS 10 YRS Since Inception
    BNY Mellon Global Infrastructure Income ETF
    BKGI
    3.38 3.38 8.99 - - - 15.39
    S&P Global Infrastructure NR Index
    1.12 1.12 3.12 4.59 3.97 4.24 -

    The performance data quoted represents past performance, which is no guarantee of future results. Share price, yield and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. Current performance may be lower or higher than the performance quoted. Returns less than 1 year are not annualized.

    Market Price performance is calculated using the most recent Cboe Global Markets Official Closing Price. Market Price returns do not represent investors’ returns had they traded shares at other times.

    The S&P Global Infrastructure Index is designed to track 75 companies from around the world chosen to represent the listed infrastructure industry while maintaining liquidity and tradability. To create diversified exposure, the index includes three distinct infrastructure clusters: energy, transportation, and utilities. An investor cannot invest directly in any index.

    The fund currently does not have a stated benchmark to measure performance against, however comparison of fund performance to an appropriate index indicates how the fund's returns compare with those of a broad measure of market performance. Past performance is no guarantee of future results.

    Growth of $10,000 Investment

    Past performance is no guarantee of future results.

    Historical NAV and Market Price

      Historical Premium/Discount

      Premium and Discount Summary Table

      As of  04/15/24 Calendar Year 2023 Q1 2024
      Days Traded at Premium
      227 54
      Days Traded at Discount
      28 7

      The table shows the number of trading days in which the fund traded at a premium or discount to its closing NAV.  Past results are not indicative of future results.

      Premium/Discount

      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%
      Net Expenses 0.65%

      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.

      Top Holdings

      As of 04/16/24
      Holdings % Portfolio Weight
      DOMINION ENERGY INC 8.88
      ORANGE 6.76
      ANTERO MIDSTREAM CORP 5.24
      CLEARWAY ENERGY INC-C 4.74
      VINCI SA 4.67
      NEXTERA ENERGY PARTNERS L 4.67
      ONEOK INC 4.13
      EXELON CORP 4.10
      HESS MIDSTREAM LP - CLASS 4.10
      BOUYGUES SA 3.91
      WILLIAMS COS INC 3.71
      DRAX GROUP PLC 3.60
      AT&T INC 3.55
      JIANGSU EXPRESS CO LTD-H 3.35
      PROXIMUS 3.28
      VEOLIA ENVIRONNEMENT 2.99
      OMEGA HEALTHCARE INVESTOR 2.98
      ENEL SPA 2.97
      SSE PLC 2.90
      PPL CORP 2.84
      ITALGAS SPA 2.60
      ENBRIDGE INC 2.42
      DHL GROUP 2.40
      SFL CORP LTD 2.30
      ENGIE 1.33
      ENDESA SA 1.18
      VISTRA CORP 1.16
      REDEIA CORP SA 1.11
      VERIZON COMMUNICATIONS IN 1.03
      ENAGAS SA 0.59
      DREYFUS INSTITUTIONAL PRE 0.27
      Net Current Assets 0.27
      CANADIAN DOLLAR 0.00
      EURO 0.00
      HONG KONG DOLLAR 0.00
      POUND STERLING 0.00

      Holdings are subject to change. The holdings listed should not be considered recommendations to buy or sell a security.

      Asset Allocation

          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.

          Dividend Schedule

          Declared
          Quarterly
          Distributed
          Quarterly
          Paid
          Quarterly
          Fiscal Year End
          Oct 31

          Distributions History

          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN
          LONG-TERM 
          CAPITAL GAIN
          RETURN OF CAPITAL TOTAL DISTRIBUTION
          04/01/24 04/02/24 04/05/24 0.2999 0.0000 0.0000 0.0000 0.2999
          (Values Listed In $)EX DATE RECORD DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN
          LONG-TERM 
          CAPITAL GAIN
          RETURN OF CAPITAL TOTAL DISTRIBUTION
          12/27/23 12/28/23 01/03/24 0.2478 0.0000 0.0000 0.0000 0.2478
          10/02/23 10/03/23 10/06/23 0.2614 0.0000 0.0000 0.0111 0.2725
          07/03/23 07/05/23 07/10/23 0.5537 0.0000 0.0000 0.0235 0.5772
          04/03/23 04/04/23 04/10/23 0.1727 0.0000 0.0000 0.0073 0.1800
          12/28/22 12/29/22 01/04/23 0.1425 0.0000 0.0000 0.0000 0.1425

          Literature

          PRODUCT INFORMATION

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          BNY Mellon Global Infrastructure Income ETF - Brochure Download
          BNY Mellon Global Infrastructure Income ETF - Presentation Download
          BNY Mellon Global Infrastructure Income ETF - Commentary Download
          BNY Mellon ETF Profile Sheet Download

          Prospectus and Reports

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          Factsheet Download
          Prospectus Download
          Summary Prospectus Download
          SAI Download
          Annual Report Download
          Semi Annual Report Download
          1Q Fiscal Holdings Download
          3Q Fiscal Holdings Download

          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.