BNY Mellon Global Infrastructure Income B Acc USD

The fund aims to maximise total returns from income and capital growth by gaining exposure to companies located worldwide that are engaged in infrastructure and related operations.

iFAST Research Team
iFAST Research Team09 Sep 2026 11 Views
BNY Mellon Global Infrastructure Income B Acc USD
2026
  • The fund manager believes successful investing in infrastructure comes from combining complementary research techniques, utilising both fundamental and quantitative analysis. The fund takes a broader view of infrastructure than its peers, combining traditional and non-traditional sectors.
  • The fund is primarily value- and income-oriented with a secondary growth component, making it a value-biased blend fund. It has no explicit market capitalisation bias, with allocation effects arising as a byproduct of bottom-up stock selection, subject to a 50% sector limit.
  • The fund is benchmark-aware via the S&P Global Infrastructure NR Index, but not benchmark-constrained. The benchmark is used for performance comparison and portfolio decisions are largely independent.
  • As of 31 March 2026, the fund had 27 holdings, mainly in Utilities and Energy. The manager favours both sectors for their expected benefit from rising power demand driven by AI data centre build-out, electrification, and increased domestic infrastructure spending.
  • Looking forward, the fund manager believes that the infrastructure sector is supported by several compelling long-term structural themes that underpin both income generation and capital growth. These include policy-led infrastructure and demographic trends.

Fund Investment Style

Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2026

Recommended fund

3-year annualised return

3-year maximum drawdown

3-year downside deviation

3-year Sortino ratio

BNY Mellon Global Infrastructure Income B Acc USD

19.6%

-15.5%

5.8%

2.95

Peer Average

8.1%

-19.9%

7.9%

0.77

Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2026

About the Fund Managers

The Fund is managed by Lead Portfolio Manager Brock Campbell, who has been involved in managing the strategy since 2016 and associated with it since its 2011 inception as an analyst, supported by an investment team of 24 professionals with an average industry experience of approximately 15 years. The strategy focuses on balancing top-tier dividend appreciation with capital appreciation through a research-driven, risk-aware approach, blending a high-yield component with a high-growth sleeve. The process centres on research, security selection and sustainability, targeting companies with stable cash flows, consistent dividend income and attractive returns at acceptable risk levels, seeking a 6% total portfolio equity dividend yield over a full market cycle.

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