BNY Mellon Municipal Bond Infrastructure Fund, Inc.

DMB
NYSE
Last Updated: 8/16/2022 7:18:21 AM
Price
14.65
Changes
0.07
% Change
0.48
Volume
62090
52 Week
High
17.07
52 Week
Low
10.94
About BNY Mellon Municipal Bond Infrastructure Fund, Inc.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities. The fund invests its bonds issued by infrastructure sector including transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors which are rated as BBB- and above by S&P and Fitch and Baa3 and above by Moody's with an effective duration of up to 14 years. It employs fundamental and quantitative analysis with a bottom-up security picking approach by focusing on factors such as the relative value and attractiveness of various sectors and securities to seek to exploit pricing inefficiencies in the municipal bond market, actively trading among various sectors based on their apparent values, general economic and monetary conditions, prevailing interest rates and the condition of the general money market and the municipal bond market, the size of a particular offering, the maturity of the obligation, and the rating of the issue to create its portfolio. The fund was formerly known as Dreyfus Municipal Bond Infrastructure Fund, Inc. BNY Mellon Municipal Bond Infrastructure Fund, Inc. was formed on April 25, 2013 and is domiciled in the United States.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. Company Details
Information is currently Not Available for BNY Mellon Municipal Bond Infrastructure Fund, Inc.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. Company Executive Details
  Mr. Thomas C. Casey
  Portfolio Mang.
  Mr. Daniel Alexander Rabasco CFA
  Portfolio Mang.
  Mr. Jeffrey B. Burger CFA
  Portfolio Mang.
  Ms. Christine Lee Todd CFA
  Portfolio Mang.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. Latest News

Income-Investing Picks for a Recession


If you are furious  –or just frustrated –with the inflation readings, the price of fuel and the daily trading drama on Wall Street, remember that we have seen this trouble before, survived and recovered. SEE MORE The 7 Best Bond Funds for Retirement Savers in 2022 Surely you know the proverb that bad news can be good news for financial markets.


Published on: 2022-08-01 10:00:16

Impact on Symbol / Company: DMB

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Federal Tax-Exempt +5% Yield Highly Defensive Investment: DMB


Monthly tax-exempt distribution. Very low-risk investment with defaults being very rare in this sector.


Published on: 2022-06-20 08:10:00

Impact on Symbol / Company: DMB

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Municipal CEF Sector Update: Outperforming The Market For A Change


The municipal CEF sector has outperformed the broader CEF space over the last month for a change, supported by stabilizing Treasury yields and a lower sensitivity to rising credit spreads. We discuss some of the ongoing themes in the sector such as leverage costs, valuations, duration, and sub-sector positioning.


Published on: 2022-06-01 12:06:28

Impact on Symbol / Company: DMB

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Muni Market Update January 2022: The Sector Corrects


Munis are giving us a chance to own them again at some compelling discounts relative to long-term valuations.


Published on: 2022-02-11 07:00:00

Impact on Symbol / Company: DMB

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Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Mergers Completed (November 14, 2021)


15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results.


Published on: 2021-11-25 01:01:21

Impact on Symbol / Company: DMB

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BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend


NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on November 1, 2021 to shareholders of record at the close of business on October 20, 2021. The ex-dividend date is October 19, 2021. The previous dividend announced in September was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its pr


Published on: 2021-10-04 17:11:00

Impact on Symbol / Company: DMB

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BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend


NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on October 1, 2021 to shareholders of record at the close of business on September 20, 2021. The ex-dividend date is September 17, 2021. The previous dividend announced in August was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its pr


Published on: 2021-09-02 17:05:00

Impact on Symbol / Company: DMB

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YH Weekly Commentary Peak


Stocks finished the week up nicely with the S&P 500 up nearly 1% and the Nasdaq up just over 1%, for all new record highs.


Published on: 2021-08-20 07:00:00

Impact on Symbol / Company: DMB

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BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend


NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on September 1, 2021 to shareholders of record at the close of business on August 18, 2021. The ex-dividend date is August 17, 2021. The previous dividend announced in July was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projecte


Published on: 2021-08-03 17:09:00

Impact on Symbol / Company: DMB

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BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend


NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on August 2, 2021 to shareholders of record at the close of business on July 20, 2021. The ex-dividend date is July 19, 2021. The previous dividend announced in June was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected perfo


Published on: 2021-07-02 17:04:00

Impact on Symbol / Company: DMB

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BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend


NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on July 1, 2021 to shareholders of record at the close of business on June 17, 2021. The ex-dividend date is June 16, 2021. The previous dividend announced in May was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performa


Published on: 2021-06-02 17:06:00

Impact on Symbol / Company: DMB

View News

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Dividend


NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0530 per share of common stock, payable on June 1, 2021 to shareholders of record at the close of business on May 19, 2021. The ex-dividend date is May 18, 2021. The previous dividend announced in April was $0.0530 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performa


Published on: 2021-05-04 17:06:00

Impact on Symbol / Company: DMB

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