The Fund Grade · free · no account needed

What grade does BKGI get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

C

Fundprints Fund Grade · as of 2026-10-01

BNY Mellon Global Infrastructure Income ETF

#260 of 500 graded active funds · value · mid segment peer group

The point · specialist footprint

BKGI puts less of its book behind proven specialists than 82% of graded funds.

● Bottom 20%

Bottom 40%

Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.

10,000+ funds tracked · the graded specialists among them drive every read

You pay 0.65% a year for a C.

3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

BKGI vs the Honor Roll · share card ↗

Conviction exposure

4.8%

of the book in specialist-converged names

Late-stage weight

31.5%

of the book in Crowded or Fading names

Active share

99.3%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-20

Early Conviction
OHI 4.4%OKE 3.2%
Consensus
DOC 6.8%D 5.3%ES 2.3%+1 locked
Crowded
VST 2%
Fading
HESM 7.6%CWEN 2.9%EIX 2.8%+2 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

BKGI earns a C grade, ranking 260 of 500, with specialist ownership at just 4.8% and five notable positions including OKE, CWEN, and VST where specialists are actively leaving. The 0.65% fee is hard to justify at that grade, though DOC at 6.8% and OHI at 4.4% are genuine early-conviction spots worth watching.

→ Monitor OKE, CWEN, EIX, AM, and VST closely, as specialists are fading from all five and combined weight exceeds 13%.

→ Compare BKGI's 0.65% fee against the three higher-graded peers in this segment before adding new money.

Support leaving these positions

HESM 7.6% of the fund · Fading

CWEN 2.9% of the fund · Fading

EIX 2.8% of the fund · Fading

AM 2.6% of the fund · Fading

CEG 2% of the fund · Fading

Where it's genuinely early

OHI 4.4% of the fund · Early Conviction

OKE 3.2% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

Find out whether you're early or late. It costs nothing.

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