BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)
The BNY Mellon Municipal Bond Infrastructure Fund, Inc. is a closed-end investment vehicle specializing in fixed income, operating under the guidance of BNY Mellon Investment Adviser, Inc. The fund primarily allocates capital to tax-exempt, investment-grade debt instruments issued within the United States. These securities originate from states, U.S. territories, the District of Columbia, their various political subdivisions, agencies, instrumentalities, or multistate authorities, alongside other specific eligible assets. A significant portion of its portfolio targets the infrastructure sector, encompassing transportation, energy, utilities, social infrastructure, and water and environmental projects, among other public sectors. To be included, bonds must possess an investment-grade rating of at least BBB- from S&P and Fitch, or Baa3 from Moody's, and the fund maintains an effective duration ceiling of 14 years. Utilizing a comprehensive investment strategy, the fund combines fundamental and quantitative analysis with a bottom-up security selection methodology. Its objective is to capitalize on pricing disparities within the municipal bond market by assessing the relative value and appeal of diverse sectors and individual securities. Portfolio construction involves active adjustments across sectors, driven by factors such as prevailing economic and monetary conditions, interest rate trends, general money market dynamics, municipal bond market status, the size and maturity of specific offerings, and credit ratings. Founded on April 25, 2013, and domiciled in the United States, the fund was previously known as Dreyfus Municipal Bond Infrastructure Fund, Inc.
Industry: Asset Management - Bonds
BNY Mellon Municipal Bond Infrastructure Fund, Inc.
NYSE:DMBFinancial Services · Asset Management - Bonds
-2.10%$9.80
AH Close$9.80+0.00%vs close
AH Close$9.80+0.00%vs close
Mkt Cap$180.38M
Float18.41M
O/S18.41M
Inst Own43.0%
Div Yield5.63%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$12.73M
Net Income$5.54M
Total Assets$341.94M
Free Cash Flow$9.03M
Debt & Equity
Debt 13%
Equity 65%
Preferred 22%
Total Debt$42.49M
Total Equity$220.1M
Preferred Stock$75M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in DMB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$341.94M
Liabilities$121.84M
Accounts Receivable$3.85M
Accounts Payable$3.72M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-28 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-02-28 | 2015-02-28 | 2014-02-28 |
| Revenue | $12.73M | $13.93M | $15.14M | -$28.79M | $2.12M | $274K | $36.08M | $8.23M | $17.24M | $18.15M | $18.26M | $17.46M | $16.72M |
| YoY Growth | -8.6% | -7.9% | -152.6% | -1461.3% | 670.9% | -99.2% | 338.6% | -52.3% | -5.0% | -0.6% | 4.6% | 4.4% | - |
| Cost of Revenue | $2.24M | $2.25M | -$104K | $2.39M | $2.75M | $2.72M | $18.78M | -$9.47M | $2.62M | $2.63M | $2.59M | $0 | $0 |
| Gross Profit | $10.49M | $11.68M | $15.24M | -$31.18M | -$632K | -$2.45M | $17.3M | $17.7M | $14.62M | $15.52M | $15.67M | $17.46M | $16.72M |
| Gross Margin | 82.4% | 83.8% | 100.7% | 108.3% | -29.9% | -892.4% | 48.0% | 215.2% | 84.8% | 85.5% | 85.8% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $411K | -$712K | $384K | $348K | $414K | $498K | $292K | $425K | $472K | $2.88M | $2.77M | $2.65M | $2.54M |
| Other | $340K | $0 | $0 | -$34.11M | -$11.01M | -$11.58M | $21K | $21K | $8K | $204K | $3.08M | $0 | $0 |
| Total Operating Expenses | $751K | -$712K | $378K | $346K | $414K | $499K | $300K | $433K | $468K | $8.92M | -$3.08M | $24.04M | $45.88M |
| Operating Income (EBIT) | $9.74M | $12.39M | $12.74M | $12.94M | $13.07M | $13.96M | $14.46M | $14.93M | $19.09M | $8.43M | $18.74M | $14.8M | $14.19M |
| Operating Margin | 76.5% | 88.9% | 84.2% | -45.0% | 618.1% | 5089.6% | 40.1% | 181.5% | 110.7% | 46.5% | 102.7% | 84.8% | 84.8% |
| Interest Expense | $4.2M | $4.76M | $5.06M | $3.27M | $1.48M | $1.78M | $2.77M | $2.72M | $2.32M | $0 | $4.24M | $1.44M | $1.15M |
| Interest Income | $15.81M | $15.46M | $15.24M | $15.54M | $16.08M | $17.02M | $17.3M | $17.7M | $17.87M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$4.2M | -$4.76M | $2.01M | -$42.08M | -$11.37M | $2.5M | $21.32M | -$7.13M | $1.69M | -$8M | $0 | $25.25M | -$44.5M |
| Income Before Tax (EBT) | $5.54M | $7.63M | $14.76M | -$29.14M | $1.7M | -$225K | $35.78M | $7.79M | $16.77M | $6.47M | $17.3M | $40.05M | -$30.31M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.08M | -$1.96M | -$1.44M | $0 | $0 |
| Net Income | $5.54M | $7.63M | $14.76M | -$29.14M | $1.7M | -$225K | $35.78M | $7.79M | $16.77M | $6.47M | $17.3M | $40.05M | -$30.31M |
| Net Income Margin | 43.5% | 54.7% | 97.5% | 101.2% | 80.4% | -81.9% | 99.2% | 94.7% | 97.3% | 35.7% | 94.8% | 229.4% | -181.3% |
| Supplementary Data | |||||||||||||
| EPS | 0.30 | 0.41 | 0.80 | -1.58 | 0.09 | -0.01 | 1.95 | 0.43 | 0.92 | 0.35 | 0.94 | 2.18 | 0.00 |
| Diluted EPS | 0.30 | 0.41 | 0.80 | -1.58 | 0.09 | -0.01 | 1.95 | 0.43 | 0.92 | 0.35 | 0.94 | 2.18 | 0.00 |
| Weighted Average OS | 17.88M | 18.41M | 18.41M | 18.41M | 18.40M | 18.39M | 18.39M | 18.12M | 18.23M | 18.38M | 18.38M | 18.38M | 0 |
| EBITDA | $9.74M | $12.39M | $0 | -$25.87M | $3.18M | -$15.13M | $14.46M | $7.79M | $16.77M | $6.47M | $17.3M | $14.8M | $14.19M |
| EBITDA Margin | 76.5% | 88.9% | - | 89.9% | 150.6% | -5515.5% | 40.1% | 94.7% | 97.3% | 35.7% | 94.8% | 84.8% | 84.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-28 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-02-28 | 2015-02-28 | 2014-02-28 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $1.57M | $1.79M | $5.52M | $1.58M | $8.46M | $957K | $1.78M | $5.11M | $1.25M | $7.79M | $5.07M | $2.31M | $725K |
| Short-Term Investments | $0 | $1.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.57M | $3.49M | $5.52M | $1.58M | $8.46M | $957K | $1.78M | $5.11M | $1.25M | $7.79M | $5.07M | $2.31M | $725K |
| Accounts Receivable | $3.85M | $3.94M | $3.55M | $4.07M | $4.08M | $4.48M | $12.31M | $4.11M | $4.32M | $4.13M | $4.16M | $4.18M | $4.99M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$3.85M | -$7.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.58M | $1.83M | $9.11M | $5.75M | $12.79M | $5.88M | $14.1M | $9.22M | $5.57M | $11.93M | $9.26M | $6.5M | $5.78M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $336.39M | $0 | $317.89M | $325.03M | $369.1M | $395.37M | $409.08M | $368.61M | $369.56M | $358.01M | $362M | $362.58M | $337.44M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $3.97M | $340.85M | -$317.89M | -$325.03M | -$369.1M | -$395.37M | -$409.08M | -$368.61M | -$369.56M | $197K | $314K | $431K | $548K |
| Total Long-Term Assets | $340.36M | $340.85M | $317.89M | $325.03M | $369.1M | $395.37M | $409.08M | $368.61M | $369.56M | $358.21M | $362.31M | $363.01M | $337.99M |
| Other Assets | $0 | $342.68M | $0 | $0 | $0 | $0 | $0 | $0 | $113K | $0 | $0 | $0 | $0 |
| Total Assets | $341.94M | $342.68M | $326.99M | $330.79M | $381.89M | $401.26M | $423.19M | $377.84M | $375.24M | $370.14M | $371.57M | $369.51M | $343.77M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $3.72M | $974K | $4.01M | $946K | $1.77M | $1.1M | $9.89M | $6.55M | $1.32M | $0 | $0 | $1.51M | $2.04M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $552K | -$1.63M | -$2.19M | -$1.78M | -$10.53M | -$7.14M | -$2.16M | $974K | $1.15M | $1.15M | $1.15M |
| Total Current Liabilities | $4.26M | $1.17M | $5.15M | $2.37M | $3.16M | $1.42M | $11.5M | $8.11M | $43.68M | $1.59M | $1.66M | $3.12M | $3.64M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $42.49M | $43.45M | $24.89M | $38.13M | $48.64M | $59.89M | $59.84M | $42.05M | $42.05M | $42.05M | $36.8M | $36.8M | $36.8M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $75.09M | -$43.45M | $75M | -$38.13M | -$48.64M | -$59.89M | -$59.84M | -$42.05M | -$42.05M | $5K | $5K | $4K | $4K |
| Total Long-Term Liabilities | $117.58M | $118.57M | $99.9M | $38.13M | $48.64M | $59.89M | $59.84M | $42.05M | $75M | $42.06M | $36.81M | $36.81M | $36.81M |
| Other Liabilities | $0 | $44.74M | $24.89M | $75M | $75M | $75M | $75M | $75M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $121.84M | $44.74M | $105.05M | $115.5M | $126.81M | $136.32M | $146.35M | $125.17M | $118.68M | $43.65M | $38.47M | $39.93M | $40.45M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $75M | $75M | $75M | $75M | $75M | $75M | $75M | $75M | $75M | $75M | $75M | $75M | $75M |
| Common Stock | $18K | $18K | $18K | $18K | $18K | $18K | $18K | $18K | $18K | $18K | $18K | $18K | $18K |
| Retained Earnings | -$42.42M | -$39.57M | -$40.57M | -$47.23M | -$7.35M | $2.65M | $14.44M | -$9.64M | $990K | $31K | $576K | -$8.03M | -$34.41M |
| Comprehensive Income & Other | $0 | $0 | $0 | $140.29M | $180.09M | $189.94M | $201.84M | $177.67M | -$75M | -$10.97M | -$4.99M | $0 | $0 |
| Other Stockholders' Equity | $262.5M | $337.5M | $262.5M | $262.5M | $262.42M | $262.27M | $262.37M | $262.29M | $255.56M | $326.44M | $332.51M | $337.6M | $337.72M |
| Total Equity | $220.1M | $297.95M | $221.95M | $215.29M | $255.09M | $264.94M | $276.84M | $252.67M | $256.57M | $326.49M | $333.1M | $329.59M | $303.32M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $341.94M | $342.68M | $326.99M | $330.79M | $381.89M | $401.26M | $423.19M | $377.84M | $375.24M | $370.14M | $371.57M | $369.51M | $343.77M |
| Supplementary Data | |||||||||||||
| Total Debt | $42.49M | $43.45M | $24.89M | $38.13M | $48.64M | $59.89M | $59.84M | $42.05M | $42.05M | $42.05M | $36.8M | $36.8M | $36.8M |
| Net Debt | $40.93M | $41.66M | $19.37M | $36.55M | $40.18M | $58.93M | $58.06M | $36.94M | $40.81M | $34.26M | $31.73M | $34.49M | $36.08M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-28 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-02-28 | 2015-02-28 | 2014-02-28 |
| Operating Activities | |||||||||||||
| Net Income | $5.54M | $7.63M | $14.76M | -$29.14M | $1.7M | -$225K | $35.78M | $7.79M | $16.77M | $6.47M | $17.3M | $40.05M | -$30.31M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $97K | -$397K | $522K | $8K | $401K | $7.83M | -$8.2M | $216K | -$197K | $31K | $21K | $815K | -$5.99M |
| Inventory | $0 | $0 | $0 | $832K | -$1.76M | $9.88M | -$3.36M | -$6.54M | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $2.95M | -$4.01M | $3.07M | -$832K | $1.76M | -$9.88M | $3.36M | $6.54M | -$13K | -$6K | $20K | $0 | $0 |
| Other Working Capital | $11K | -$17K | $59K | -$412K | $1.94M | -$10.27M | $28.94M | $6.58M | -$60K | $34K | $7K | $11.9M | -$416.15M |
| Total Working Capital Change | $3.06M | -$4.42M | $3.65M | -$403K | $2.34M | -$2.44M | $20.74M | $6.79M | -$270K | $58K | $48K | $12.71M | -$422.14M |
| Other Non-Cash Items | $427K | -$796K | $7.06M | $44.07M | $26.27M | $15.49M | -$45.5M | $3.74M | -$9.11M | $7.13M | -$2.83M | -$36.07M | $59.3M |
| Net Cash from Operating | $9.03M | $2.41M | $25.46M | $14.52M | $30.31M | $12.83M | $11.01M | $18.33M | $7.39M | $13.69M | $14.56M | $16.69M | -$393.15M |
| Investing Activities | |||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$18.07M | $0 | $0 | $0 | $0 | -$19.5M | -$4.58M | -$8.29M | -$2.96M | -$1.51M | $0 | $0 |
| Sales of Investments | $91K | $0 | $20.96M | $10.16M | $15.52M | $2.59M | $0 | $0 | $0 | $0 | $3.49M | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $91K | -$18.07M | $20.96M | $10.16M | $15.52M | $2.59M | -$19.5M | -$4.58M | -$8.29M | -$2.96M | $1.98M | $0 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | $960K | -$18.56M | $13.23M | $10.51M | - | - | - | - | - | -$5.25M | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$1.75M | -$1.93M | -$1.61M | $0 | $0 | $0 | $0 |
| Dividends Paid | -$8.17M | -$6.63M | -$8.28M | -$10.9M | -$11.56M | -$11.67M | -$11.61M | -$11.69M | -$11.69M | -$14.55M | -$14.75M | -$14.76M | -$10.15M |
| Other Financing Activities | $0 | $0 | $0 | $0 | -$11.25M | -$1.98M | -$986K | -$850K | -$631K | -$6.99M | -$1.32M | -$344K | $404.05M |
| Net Cash from Financing | -$9.13M | $11.93M | -$21.52M | -$21.41M | -$22.81M | -$13.65M | -$14.34M | -$14.47M | -$13.93M | -$8.01M | -$13.79M | -$15.11M | $393.9M |
| Forex Effect | -$118K | $0 | $0 | -$10.16M | -$15.52M | -$2.59M | $19.5M | $4.58M | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$105K | -$3.73M | $3.95M | -$6.89M | $7.5M | -$823K | -$3.33M | $3.86M | -$6.54M | $2.72M | $2.76M | $1.59M | $751K |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $9.03M | $2.41M | $25.46M | $14.52M | $30.31M | $12.83M | $11.01M | $18.33M | $7.39M | $13.69M | $14.56M | $16.69M | -$393.15M |
| Capital Expenditure | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $9.03M | $2.41M | $25.46M | $14.52M | $30.31M | $12.83M | $11.01M | $18.33M | $7.39M | $13.69M | $14.56M | $16.69M | -$393.15M |
| Cash at Beginning | $1.79M | $5.52M | $1.58M | $8.46M | $957K | $1.78M | $5.11M | $1.25M | $7.79M | $5.07M | $2.31M | $725K | $0 |
| Cash at End | $1.69M | $1.79M | $5.52M | $1.58M | $8.46M | $957K | $1.78M | $5.11M | $1.25M | $7.79M | $5.07M | $2.31M | $751K |