BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)
Market Value | 195.84M |
Revenue (ttm) | 15.16M |
Net Income (ttm) | 19.43M |
Shares Out | 18.41M |
EPS (ttm) | 1.06 |
PE Ratio | 10.08 |
Forward PE | n/a |
Dividend | $0.36 (3.38%) |
Ex-Dividend Date | Nov 20, 2024 |
Volume | 40,673 |
Open | 10.63 |
Previous Close | 10.67 |
Day's Range | 10.63 - 10.66 |
52-Week Range | 9.63 - 11.28 |
Beta | 0.52 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About DMB
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... [Read more]
News
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on December 2, 2024 to sharehold...
DMB: Muni Fund Offers Speculative Opportunity
Municipal CEFs are experiencing wide discounts, making them a speculative opportunity with potential for superior returns. We examine BNY Mellon Municipal Bond Infrastructure Fund, Inc. and see whethe...
DMB: Very Disappointing Yield, But A Decent Muni Bond Fund
The BNY Mellon Municipal Bond Infrastructure Fund, Inc. offers a tax-free yield of 3.57%, which is not attractive compared to other fixed-income options. The DMB closed-end fund's performance has been...
DMB: 3% Total Return Over 5 Years, But Prospects Improve From Here
Our last article had a warning on BNY Mellon Municipal Bond Infrastructure Fund. Returns have been poor since then, and 5-year returns have been exceptionally bad. We tell you why things are likely to...
DMB: High Expense Ratio Holding This Fund Back
BNY Mellon Municipal Bond Infrastructure Fund focuses on regional government bonds related to infrastructure projects. The fund's distributions are tax-advantaged and relatively safe. The fund's distr...
Earn Tax-Free Passive Income - Yields Up To 9%
When you earn a lot of income as a professional income investor, it's nice to have some portfolio holdings that pay no federal tax. You're able to help the nation grow and be strong, all while receivi...
Earn Strong Tax-Free Income: DMB
Who doesn't love paying less taxes? Now you can earn excellent income and don't have to pay any taxes on it whatsoever. If you love buying things that are at a discount, you'll love buying this on a d...
DMB: Infrastructure Focused Municipal Bond CEF
BNY Mellon Municipal Bond Infrastructure Fund primarily invests in tax-exempt investment grade debt obligations in sectors like transportation, energy, and utilities. The Debt Ceiling bill maintains i...
Earn Up To +13% Yields: 2 Bargain Picks
Today we'll get one tax free and one taxable investment. Both offer great income today and bright outlooks for tomorrow.
2 Great Dividends To Buy And Hold For Decades
Investors should measure holding periods in years, not days or weeks. We have grown accustomed to having possession for short periods of time; planned obsolescence is to blame.
Buy The Dip - 2 Dividends At Bargain Prices
CEFs trend towards a reversion to mean over time. We find two funds trading outside of their normal discount/premium.
DMB: Stay Far Away At This Stage Of The Cycle
BNY Mellon Municipal Bond Infrastructure Fund recently cut its distribution. The fund has produced about 0% in total returns over the last 5 years as reversal from ZIRP had negative consequences.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Declares Distribution and Announces Reduction in Monthly Distribution Amount
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a monthly cash distribution of $0.04 per share of common stock, payable on December 1, 2022 t...
My Lunch Is Free With These High Yield Picks
No such thing as a free lunch? Think again. We need income from stable or growing sources, we highlight two of them today.
DMB: Municipal Rated Bond CEF With A Low But Steady Yield
DMB provides investors a monthly federal tax-exempt dividend by investing in high-yielding municipal bonds, with an emphasis on infrastructure projects. Due to a looming recession, many investors find...
CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?
Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationar...
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 recover...
Municipal Sector Update: Munis Continue To Outperform As Markets Dislocate
Despite rising Treasury yields, the Muni sector continues to outperform as the current market dislocation hits lower-quality sectors harder. We take a look at a number of misconceptions held by some C...
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.
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 ...
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.