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:DMB Financial Services · Asset Management - Bonds
Mkt Cap $180.38M
Div Yield 5.63%
AH Close $9.80 +0.00% vs close
AH Close $9.80 +0.00% vs close
Mkt Cap $180.38M
Div Yield 5.63%
All Press Release SEC Filings News
Press Release ⚠ 1
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) announced a monthly distribution of $0.0500 per share, unchanged from the September distribution.
The payment is due November 2, 2026, to shareholders of record October 19, 2026, which is also the ex-dividend date.
The fund cautioned that to maintain level distributions it may pay from accumulated income or return capital, and the distribution rate could change with market conditions.
• 23d ago AI analysis › News
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seekingalpha.com • 29d ago Press Release ⚠ 1
DMB Stockholders Vote to Elect Board Nominees and Against Board Declassification in Certified Results of 2026 Annual Stockholder Meeting
DMB stockholders re-elected all three incumbent board nominees at the fund's annual stockholder meeting held August 27, 2026, defeating a dissident nominee in certified voting results.
Stockholders also decisively voted against a charter amendment to declassify the board, a proposal the board placed on the proxy in response to a non-binding dissident stockholder submission from the prior year.
BNY Mellon Investment Adviser, the fund's investment adviser, characterized the outcome as stockholder support for continued board stewardship; the result is routine governance news with no bearing on the fund's investment strategy or operations.
• 1mo ago AI analysis › Press Release ⚠ 1
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) declared a monthly distribution of $0.0500 per share, payable October 1, 2026 to shareholders of record at the close of business on September 17, 2026, with the ex-dividend date also September 17, 2026.
The payout is unchanged from the $0.0500 per share announced in August, and the fund intends to continue level monthly distributions — while noting it may pay from accumulated undistributed income or return capital to maintain stability, and that the distribution rate and policy could change.
The fund is advised by BNY Mellon Investment Adviser, part of BNY Investments ($2.2 trillion AUM as of June 30, 2026), a division of BNY, which oversees $62.6 trillion in assets under custody and/or administration.
• 1mo ago AI analysis › Press Release
DMB Stockholders Vote to Support Board Nominees and Against Board Declassification in Preliminary Results of 2026 Annual Stockholder Meeting
Stockholders of DMB voted to re-elect the three incumbent board nominees, rejecting a competing slate proposed by activist Saba Capital Management.
Proxy advisory firms Glass Lewis and Egan-Jones had backed the incumbents, stating that a review of performance did not justify a change in leadership.
Additionally, stockholders voted against a proposal to declassify the board, preserving the Fund's existing governance structure.
• 1mo ago AI analysis › Press Release ⚠ 1
Glass Lewis Recommends DMB Stockholders Vote to Support Board Nominees
Proxy advisory firm Glass Lewis recommended DMB stockholders vote for the three incumbent board nominees, rejecting a dissident's proposal ahead of the August 27 annual meeting.
The firm cited the Fund's performance, including outperforming its benchmark in six of the last ten years and narrowing its NAV discount by approximately 50% since year-end 2024.
Management emphasized the Board's effectiveness and a history of consistent monthly income distributions without return of capital.
• 2mo ago AI analysis › Press Release
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
BNY Mellon Municipal Bond Infrastructure Fund declared a monthly distribution of $0.0500 per share, payable on September 1, 2026 to shareholders of record on August 18.
The rate is unchanged from the previous distribution announced in July, consistent with the Fund’s policy of maintaining a stable level rate based on projected performance.
Distributions may be funded by net investment income, accumulated undistributed income, or a return of capital depending on market conditions.
• 2mo ago AI analysis › Press Release
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
BNY Mellon Municipal Bond Infrastructure Fund declared a monthly distribution of $0.0500 per share, payable on August 3, 2026 to shareholders of record on July 17, 2026.
The distribution rate is unchanged from the previous month's payment of $0.0500 per share.
The fund noted that while it intends to make regular monthly distributions based on projected performance, the rate may change with market conditions.
• 3mo ago AI analysis › Press Release
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
BNY Mellon Municipal Bond Infrastructure Fund announced a monthly distribution of $0.0500 per share.
The payment is scheduled for July 1, 2026, to shareholders of record on June 16, 2026, with an ex-dividend date of June 16.
This distribution matches the previous month's rate, reflecting the fund's stable payout policy.
• 4mo ago AI analysis › News
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seekingalpha.com • 5mo ago Press Release
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
businesswire.com • 6mo ago News
DMB: Vulnerable To High Interest Rates
seekingalpha.com • 6mo ago 
