(BKGI) BNY Mellon Trust - BNY - Ratings and Ratios

BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) is designed to provide exposure to dividend-paying infrastructure companies worldwide. The fund typically allocates at least 80% of its net assets (plus borrowings for investment purposes) to securities of infrastructure firms that generate regular income. These companies operate in sectors such as utilities, energy, transportation, and telecommunications. The fund is non-diversified, allowing it to concentrate its holdings in a smaller number of securities.

Under normal market conditions, the fund invests at least 40% of its net assets in foreign companies, though this allocation can drop to 30% if market conditions are unfavorable. This flexibility enables the fund to adapt to global economic trends while maintaining a core exposure to U.S. infrastructure companies. The funds global scope allows it to capitalize on growth opportunities in both developed and emerging markets.

From a technical perspective, BKGI is currently trading at $32.61, slightly above its 20-day moving average of $32.40. The 50-day moving average stands at $31.48, and the 200-day moving average is at $30.45, indicating a gradual upward trend over the past year. The Average True Range (ATR) of 0.37 suggests moderate volatility, with daily price fluctuations averaging around 1.14% of the current price.

With assets under management (AUM) of $42.56 million, BKGI is a relatively small ETF, which may result in lower trading volumes compared to larger infrastructure funds. Its average 20-day volume of 37,517 shares reflects limited liquidity, which could lead to slightly wider bid-ask spreads during periods of low trading activity.