How BKGI Redefines Infrastructure Investing

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.

See More: BNY Flagship Infrastructure ETF BKGI Hits $1 Billion in AUM

As part of the ETF Spotlight video series, Todd Rosenbluth, Head of Research at VettaFi, sat down with Brock Campbell, CFA, Head of Global Research and Senior Portfolio Manager at BNY Investments Newton. Together, they discussed all things BKGI: the fund’s approach, how it differs from other strategies on the market, and much more.

The Advantages of Infrastructure Exposure

To get things started, Rosenbluth highlighted the fund’s impressive asset base, and asked Campbell why he believes advisors are continuing to add this fund to their portfolios. Putting it simply, Campbell referred to BKGI as a “kitchen table” product that offers attractive levels of downside protection. This is because infrastructure companies tend to be defensive picks that offer both low cyclicality and high income potential.

See More: Build Diversified Portfolio Income With Infrastructure ETFs

“Importantly, that income is also inflation protected, and as we’ve all seen inflation has reared its ugly head,” Campbell added. “That’s why I think this product has done so well. It’s resonating in the market.”

How BKGI Stands Out From the Crowd

Later in the conversation, Rosenbluth noted that for a long time, investors have tended to get their infrastructure exposure through private markets and private credit. Noting that BKGI offers different exposure to infrastructure, Rosenbluth asked Campbell to explain how the fund’s approach differs from traditional private credit strategies.

Campbell noted that private markets often provide access to the underlying assets that BKGI’s equities own. As a good example, he explained that private markets tend to invest in power lines, while BKGI will invest in the company that owns the power lines.

Pointedly, Campbell did note that there were some key differences between BKGI and a traditional private market strategy. While both approaches can benefit from similar trends, BKGI engages with the liquidity of the public equity markets. Meanwhile, it also offers flexibility to pivot if an asset falls out of favor.

See More: Play the Infrastructure Spending Gap With BKGI

“At the end of the day, I think they’re complements,” Campbell concluded. “If you have a private exposure, I think you can marry that with a public exposure to provide two assets that are going to be correlated to infrastructure, but they’re going to have different attributes.”

Rosenbluth and Campbell discussed more topics, such as trends favoring the infrastructure space and the advantages of active management. Watch the full interview in the video below:

Learn more about BKGI from the BNY Investments website.

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