BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)
NYSE: DMB · Real-Time Price · USD
10.85
+0.21 (1.97%)
Nov 21, 2024, 1:32 PM EST - Market open

Company Description

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.
BNY Mellon Municipal Bond Infrastructure Fund logo
Country United States
Founded 2013
Industry Asset Management
Sector Financials
CEO Ms. Christine Lee Todd CFA

Contact Details

Address:
240 Greenwich Street
New York, New York 10286
United States
Phone 212 635 8827

Stock Details

Ticker Symbol DMB
Exchange NYSE
Reporting Currency USD
CIK Code 0001565381
CUSIP Number 09662W109
ISIN Number US09662W1099

Key Executives

Name Position
Christine Lee Todd CFA Portfolio Manager
Daniel Alexander Rabasco CFA Portfolio Manager
Jeffrey B. Burger CFA Portfolio Manager
Thomas C. Casey Portfolio Manager

Latest SEC Filings

Date Type Title
Oct 28, 2024 N-CSRS Filing
Oct 24, 2024 NPORT-P Monthly Portfolio Investments Report on Form N-PORT (Public)
Oct 18, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Aug 2, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jul 24, 2024 NPORT-P Monthly Portfolio Investments Report on Form N-PORT (Public)
Jul 23, 2024 N-PX Annual Report of proxy voting record of management investment companies
Jul 3, 2024 DEF 14A Other definitive proxy statements
Jun 21, 2024 40-17F2 Filing
Jun 14, 2024 40-17G Filing
Jun 12, 2024 SC 13D General statement of acquisition of beneficial ownership