Historical Prices

Start Date End Date

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)

  • CUSIP 09662W109
  • NAV  $14.66 As of  05/06/21
  • CHG  $0.00 (0.00%)
  • MKT PRICE  $14.73 As of  05/05/21
  • CHG  $0.01 (0.07%)
  • Ann. Dist. Rate 4.51% As of 03/31/21
  • Premium/Discount 0.48% As of  05/05/21
Overview

Why invest in this Fund?

  • Seeks to provide investors a monthly federal tax-exempt dividend by investing in a mix of high quality and high yielding municipal bonds.
  • With an emphasis on infrastructure, investors participate in the rebuilding of America's roads, bridges and common projects. Many of these bonds are revenue bonds generating their yield from taxes or tolls.
  • With yield scarce across many bond securities, investors may be drawn to municipal bonds because of their local government appeal and tax-exempt status.
  • The management team is very experienced investing in municipal bonds and have managed the fund since its inception in 2013.
  • May be appropriate as a more focused infrastructure municipal bond holding within diversified portfolios.
ANNUALIZED DISTRIBUTION RATE
4.51%As of  03/31/21
INCEPTION DATE
04/26/13
NET ASSETS
$341,560,276  As of  03/31/21
MANAGED ASSETS
$401,450,276  As of  03/31/21
TOTAL LEVERAGE
33.60%  As of  03/31/21
LEVERAGED EFFECTIVE DURATION
6.5 yr(s).  As of  03/31/21
AVERAGE EFFECTIVE MATURITY
18.55 yr(s).As of  03/31/21
AVERAGE EFFECTIVE DURATION
8.09 yr(s).As of  03/31/21
WEIGHTED AVERAGE COUPON
6.33%As of  05/06/21
PORTFOLIO TURNOVER RATE
17.56%As of  02/28/21
Number of Holdings
137As of  03/31/21
BENCHMARK
Bloomberg Barclays U.S. Municipal Bond Index
MORNINGSTAR CATEGORY
Municipal National Long
DISTRIBUTION FREQUENCY
Monthly

Learn more about
our Featured Funds

Portfolio Managers

  • Casey, Thomas

    Thomas Casey

    Portfolio Manager, Mellon Investments Corporation

    8 yr(s). on fund
  • Burger, Jeffrey

    Jeffrey Burger, CFA

    Senior Portfolio Manager, Mellon Investments Corporation

    8 yr(s). on fund
  • Rabasco, Daniel

    Daniel Rabasco, CFA

    Portfolio Manager, Mellon Investments Corporation

    8 yr(s). on fund

NAV - A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Market Price - The market price is the most recent price at which the fund was traded.

Annualized Distribution Rate - It represents the latest declared regular distribution, annualized, relative to the market price as of quarter end. Special distributions, including special capital gains distributions, are not included in the calculation. Distributions are sourced entirely from net investment income, unless otherwise noted.

Managed Assets - It is the total assets of the fund, including any assets attributable to leverage, minus the fund's accrued liabilities, other than any liabilities or obligations attributable to leverage.

Total Leverage - It is the amount of borrowed funds used to purchase assets in order to potentially enhance returns.

Leveraged Effective Duration - It takes into account the impact of the fund’s use of leverage on the potential effect of interest-rate changes on the fund’s portfolio and optional call provisions of the fund’s portfolio holdings.

Average Effective Maturity - It is the weighted average of the effective maturity dates of the fixed-income securities in the fund's holdings.The average effective maturity does not take into account the fund’s use of leverage.

Average Effective Duration - It is used to measure the market price sensitivity of the fund’s portfolio holdings to changes in interest-rates. Duration is not a complete measure of bond risk and may not be successful.

Weighted Average Coupon - It is calculated from a fund’s portfolio by weighing the coupon of each bond by its relative size in the portfolio. Coupons are percentages paid out on a fixed-income security on a periodic basis.

Portfolio Turnover Rate - It is a measure of how quickly securities in a fund are either bought or sold by the fund's managers, over a given period of time.


Performance

Daily Statistics

As of 05/05/21
NAME NAV NAV 
CHANGE 		MARKET 
PRICE 		MARKET 
PRICE 
CHANGE 		PREMIUM/ 
DISCOUNT
BNY Mellon Municipal Bond Infrastructure Fund, Inc.
 $14.66
$0.00
0.00%
 $14.73
$0.01
0.07%
 0.48%

Premium / Discount - The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.

Market Price performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times.


Monthly Statistics

As of 03/31/21 NAME 52 WEEK 
AVERAGE 
PREMIUM/DISCOUNT 		52 WEEK 
LOW/HIGH 
MARKET PRICE
BNY Mellon Municipal Bond Infrastructure Fund, Inc.
 -2.69% $11.48-$14.94

Total Returns

MARKET PRICE
Click here for NAV Returns 

Month End

Average Annual
As of 03/31/21
Name 3 M
03/31/21 		YTD
03/31/21 		1 YR 3 YR 5 YR 10 YR Since Inception
BNY Mellon Municipal Bond Infrastructure Fund, Inc.
(DMB)
 1.76 1.76 19.32 9.83 6.48 - 4.63

Quarter End

Average Annual
As of 03/31/21
Name 3 M
03/31/21 		YTD
03/31/21 		1 YR 3 YR 5 YR 10 YR Since Inception
BNY Mellon Municipal Bond Infrastructure Fund, Inc.
(DMB)
 1.76 1.76 19.32 9.83 6.48 - 4.63
Bloomberg Barclays U.S. Municipal Bond Index
 -0.35 -0.35 5.51 4.91 3.49 4.54 -

The performance data quoted represents past performance, which is no guarantee of future results.  Share price, yield and investment return fluctuate and an investor's shares may be worth more or less that the original cost.

Total return based on market price represents changes to the fund's closing market price on its primary exchange. Total return based on net asset value (NAV) reflects changes in the fund's NAV during each period.

Returns are shown net of fund expenses and assumes the reinvestment of all distributions. Investors who purchase shares of the fund through an investment advisor or other financial professional may separately pay a fee to that service provider.

The Bloomberg Barclays U.S. Municipal Bond Index covers the U.S. dollar-denominated long-term tax-exempt bond market. Investors cannot invest directly in any index.

Growth of $10,000 Investment at Market Price

Past performance is no guarantee of future results.

Historical NAV and Market Price Trailing Twelve Months

    Historical Premium/Discount Trailing Twelve Months

    Historical Performance

      Past performance is no guarantee of future results.

      Returns are shown net of fund expenses and assumes the reinvestment of all distributions.

      Fees & Expenses

      Expense Ratio

      As of 02/29/20
      Fee Description Total Expense Ratio (%)
      Management Fee 0.65%
      Other Expenses 1.47%
      Interest Expense 1.05%
      Total Expenses 2.12%

      Total Expenses is the total annual operating expense ratio for the fund, before any fee waivers or expense reimbursements. Net Expenses is the total annual operating expense ratio for the fund, after any applicable fee waivers or expense reimbursements. The Total Expenses, or Net Expenses (if including fee waivers or expense reimbursements) is the actual fund expense ratio applicable to investors.

      Please see the fund's Annual Report for full information on expenses.

      Portfolio

      Portfolio Manager

      BNY Mellon Investment Adviser, Inc. is the fund's investment manager, and has engaged its affiliate, Mellon Investments Corporation (“Mellon”), to serve as the Fund's sub-investment adviser.

      Mellon is a global multi-specialist investment manager with a full spectrum of research-driven solutions.

      Jeffrey Burger, Daniel Rabasco and Thomas Casey are the fund's primary portfolio managers, positions they have held since April 2013.

      Mellon is a multi-asset investment specialist: holistic in approach, client driven and committed to investment excellence. Client investing challenges inspire us to create innovative solutions. From asset class expertise to broad market exposures, clients drive what we do.

      BNY Mellon Investment Management provides a robust corporate foundation, together with worldwide resources and administrative support that allow our investment firms the freedom to concentrate on what they do best – deliver specialist and focused investments to clients.

      Holdings, Coupon Rate, Maturity

      As of 03/31/21
      Holdings % Portfolio Weight
      Buckeye Tobacco Settlement 2.70
      Iowa Fa Iowa Fertilizer 2.30
      Virginia Small Business Fing A 2.30
      Long Beach Calif Bd Fin Nat G - Ml 2.20
      Muskingum Cnty Ohio Hosp Facs 2.10
      Salt Verde Finl Corporate - Citi 2.10
      Denver CO City & County Arpt 1.70
      South Carolina St Pub Svcs Aut 1.70
      TOB 5 7092234Q1 PASTRN 1.60
      Univ Calif Regts Med Ctr Poole 1.60

      Holdings data is unaudited and provided for informational purposes only and is not intended for trading purposes. Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security.

      Asset Allocation

      Composition Allocation

          Stats & Risks

          Main Risks

          Bonds are subject generally to interest-rate, credit, liquidity and market risks, to varying degrees. Generally, all other factors being equal, prices of investment-grade bonds are inversely related to interest-rate changes, and rate increases can cause price declines.

          High yield bonds are subject to increased credit risk and are considered speculative in terms of the issuer's perceived ability to continue making interest payments on a timely basis and to repay principal upon maturity.

          The use of leverage magnifies the fund’s investment, market and certain other risks. For derivatives with a leverage component, adverse changes in the value or level of the underlying asset, reference rate or index can result in a loss substantially greater than the amount invested in the derivative itself.

          CEFs are exposed to much of the same risk as other exchange traded products, including liquidity risk on the secondary market, credit risk, concentration risk and discount risk. If the CEF includes foreign market investments, it will be exposed to the typical foreign market risks, including currency, political and economic risk.

          Shares of closed-end funds frequently trade at a market price that is below their net asset value. This is commonly referred to as “trading at a discount.” This characteristic of shares of closed-end funds is a risk separate and distinct from the risk that the fund's net asset value may decrease.

          The use of derivatives involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highly volatile, illiquid, and difficult to value and there is the risk that changes in the value of a derivative held by the portfolio will not correlate with the underlying instruments or the portfolios other investments.

          Recent market risks include pandemic risks related to COVID-19. The effects of COVID-19 have contributed to increased volatility in global markets and will likely affect certain countries, companies, industries and market sectors more dramatically than others. To the extent the fund may overweight its investments in certain countries, companies, industries or market sectors, such positions will increase the fund's exposure to risk of loss from adverse developments affecting those countries, companies, industries or sectors.


          Risk Metrics

          As of 03/31/21, 3-Year Trailing Standard Deviation Alpha Beta R-Squared Sharpe Ratio
          DMB
          		 8.73 -2.23 2.00 85.03 0.55

          Standard deviation - It is a statistical measure of the degree to which an individual portfolio return tends to vary from the mean, based on the entire population. The greater the degree of dispersion, the greater the degree of risk. In mutual funds, the standard deviation tells us how much the return on the fund is deviating from the expected normal returns.

          Alpha - It is a measure of a security's or portfolio's excess return.

          Beta - It is a measure of a security’s or portfolio’s volatility, or systematic risk.

          R-Squared - It is a statistical measure that represents the percentage of a fund’s or security’s movements that are explained by movements in a benchmark index.

          Sharpe Ratio - It is a risk-adjusted measure that measures reward per unit of risk. The higher the Sharpe ratio, the better.


          Distributions

          Dividend Schedule

          Declared
          Monthly
          Distributed
          Monthly
          Paid
          Monthly
          Fiscal Year End
          Feb 28

          Distributions History

          RECORD DATE EX-DIVIDEND DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN          		 LONG-TERM 
          CAPITAL GAIN          		 TOTAL DISTRIBUTION
          04/20/21 04/19/21 05/03/21 0.0530 0.0000 0.0000 0.0530
          RECORD DATE EX-DIVIDEND DATE PAYABLE DATE DIVIDEND INCOME SHORT-TERM 
          CAPITAL GAIN          		 LONG-TERM 
          CAPITAL GAIN          		 TOTAL DISTRIBUTION
          03/17/21 03/16/21 04/01/21 0.0530 0.0000 0.0000 0.0530
          02/18/21 02/17/21 03/01/21 0.0530 0.0000 0.0000 0.0530
          01/21/21 01/20/21 02/01/21 0.0530 0.0000 0.0000 0.0530
          12/17/20 12/16/20 01/04/21 0.0530 0.0000 0.0000 0.0530
          11/19/20 11/18/20 12/01/20 0.0530 0.0000 0.0000 0.0530
          10/20/20 10/19/20 11/02/20 0.0530 0.0000 0.0000 0.0530
          09/18/20 09/17/20 10/01/20 0.0530 0.0000 0.0000 0.0530
          08/18/20 08/17/20 09/01/20 0.0530 0.0000 0.0000 0.0530
          07/20/20 07/17/20 08/03/20 0.0530 0.0000 0.0000 0.0530
          06/17/20 06/16/20 07/01/20 0.0530 0.0000 0.0000 0.0530
          05/19/20 05/18/20 06/01/20 0.0530 0.0000 0.0000 0.0530
          04/20/20 04/17/20 05/01/20 0.0530 0.0000 0.0000 0.0530
          03/18/20 03/17/20 04/01/20 0.0530 0.0000 0.0000 0.0530
          02/20/20 02/19/20 03/02/20 0.0530 0.0000 0.0000 0.0530
          01/21/20 01/17/20 02/03/20 0.0530 0.0000 0.0000 0.0530
          12/18/19 12/17/19 01/02/20 0.0530 0.0000 0.0000 0.0530
          11/20/19 11/19/19 12/02/19 0.0530 0.0000 0.0000 0.0530
          10/18/19 10/17/19 11/01/19 0.0530 0.0000 0.0000 0.0530
          09/19/19 09/18/19 10/01/19 0.0530 0.0000 0.0000 0.0530
          08/19/19 08/16/19 09/03/19 0.0530 0.0000 0.0000 0.0530
          07/18/19 07/17/19 08/01/19 0.0530 0.0000 0.0000 0.0530
          06/19/19 06/18/19 07/01/19 0.0530 0.0000 0.0000 0.0530
          05/17/19 05/16/19 06/03/19 0.0530 0.0000 0.0000 0.0530
          04/17/19 04/16/19 05/01/19 0.0530 0.0000 0.0000 0.0530
          03/19/19 03/18/19 04/01/19 0.0530 0.0000 0.0000 0.0530
          02/19/19 02/15/19 03/01/19 0.0530 0.0000 0.0000 0.0530
          01/18/19 01/17/19 02/01/19 0.0530 0.0000 0.0000 0.0530
          12/19/18 12/18/18 01/02/19 0.0530 0.0000 0.0000 0.0530
          11/20/18 11/19/18 12/03/18 0.0530 0.0000 0.0000 0.0530
          10/17/18 10/16/18 11/01/18 0.0530 0.0000 0.0000 0.0530
          09/20/18 09/19/18 10/01/18 0.0530 0.0000 0.0000 0.0530
          08/17/18 08/16/18 09/04/18 0.0530 0.0000 0.0000 0.0530
          07/19/18 07/18/18 08/01/18 0.0530 0.0000 0.0000 0.0530
          06/19/18 06/18/18 07/02/18 0.0530 0.0000 0.0000 0.0530
          05/16/18 05/15/18 06/01/18 0.0530 0.0000 0.0000 0.0530
          04/18/18 04/17/18 05/01/18 0.0530 0.0000 0.0000 0.0530
          03/16/18 03/15/18 04/02/18 0.0530 0.0000 0.0000 0.0530
          02/16/18 02/15/18 03/01/18 0.0530 0.0000 0.0000 0.0530
          01/18/18 01/17/18 02/01/18 0.0530 0.0000 0.0000 0.0530
          12/19/17 12/18/17 01/02/18 0.0530 0.0000 0.0000 0.0530
          11/17/17 11/16/17 12/01/17 0.0530 0.0000 0.0000 0.0530
          10/18/17 10/17/17 11/01/17 0.0530 0.0000 0.0000 0.0530
          09/19/17 09/18/17 10/02/17 0.0530 0.0000 0.0000 0.0530
          08/16/17 08/14/17 09/01/17 0.0530 0.0000 0.0000 0.0530
          07/20/17 07/18/17 08/01/17 0.0530 0.0000 0.0000 0.0530
          06/16/17 06/14/17 07/03/17 0.0530 0.0000 0.0000 0.0530
          05/17/17 05/15/17 06/01/17 0.0530 0.0000 0.0000 0.0530
          04/19/17 04/17/17 05/01/17 0.0530 0.0000 0.0000 0.0530
          03/16/17 03/14/17 04/03/17 0.0530 0.0000 0.0000 0.0530
          02/17/17 02/15/17 03/01/17 0.0530 0.0000 0.0000 0.0530
          01/20/17 01/18/17 02/01/17 0.0530 0.0000 0.0000 0.0530
          12/16/16 12/14/16 01/03/17 0.0530 0.0000 0.0000 0.0530
          11/09/16 11/07/16 12/01/16 0.0530 0.0000 0.0000 0.0530
          10/19/16 10/17/16 11/01/16 0.0625 0.0000 0.0000 0.0625
          09/19/16 09/15/16 10/03/16 0.0625 0.0000 0.0000 0.0625
          08/16/16 08/12/16 09/01/16 0.0625 0.0000 0.0000 0.0625
          07/20/16 07/18/16 08/01/16 0.0625 0.0000 0.0000 0.0625
          06/17/16 06/15/16 07/01/16 0.0625 0.0000 0.0000 0.0625
          05/18/16 05/16/16 06/01/16 0.0625 0.0000 0.0000 0.0625
          04/18/16 04/14/16 05/02/16 0.0625 0.0000 0.0000 0.0625
          03/16/16 03/14/16 04/01/16 0.0625 0.0000 0.0000 0.0625
          02/18/16 02/16/16 03/01/16 0.0625 0.0000 0.0000 0.0625
          01/21/16 01/19/16 02/01/16 0.0625 0.0000 0.0000 0.0625
          12/16/15 12/14/15 01/04/16 0.0625 0.0000 0.0000 0.0625
          11/18/15 11/16/15 12/01/15 0.0625 0.0000 0.0000 0.0625
          10/19/15 10/15/15 11/02/15 0.0625 0.0000 0.0000 0.0625
          09/17/15 09/15/15 10/01/15 0.0625 0.0000 0.0000 0.0625
          08/18/15 08/14/15 09/01/15 0.0625 0.0000 0.0000 0.0625
          07/17/15 07/15/15 08/03/15 0.0625 0.0000 0.0000 0.0625
          06/17/15 06/15/15 07/01/15 0.0625 0.0000 0.0000 0.0625
          05/18/15 05/14/15 06/01/15 0.0625 0.0000 0.0000 0.0625
          04/17/15 04/15/15 05/01/15 0.0625 0.0000 0.0000 0.0625
          03/17/15 03/13/15 04/01/15 0.0625 0.0000 0.0000 0.0625
          02/19/15 02/17/15 03/02/15 0.0625 0.0000 0.0000 0.0625
          01/22/15 01/20/15 02/02/15 0.0625 0.0000 0.0000 0.0625
          12/16/14 12/12/14 01/02/15 0.0625 0.0000 0.0000 0.0625
          11/19/14 11/17/14 12/01/14 0.0625 0.0000 0.0000 0.0625
          10/17/14 10/15/14 11/03/14 0.0625 0.0000 0.0000 0.0625
          09/17/14 09/15/14 10/01/14 0.0625 0.0000 0.0000 0.0625
          08/18/14 08/14/14 09/02/14 0.0625 0.0000 0.0000 0.0625
          07/17/14 07/15/14 08/01/14 0.0625 0.0000 0.0000 0.0625
          06/17/14 06/13/14 07/01/14 0.0625 0.0000 0.0000 0.0625
          05/16/14 05/14/14 06/02/14 0.0625 0.0000 0.0000 0.0625
          04/16/14 04/14/14 05/01/14 0.0625 0.0000 0.0000 0.0625
          03/18/14 03/14/14 04/01/14 0.0625 0.0000 0.0000 0.0625
          02/20/14 02/18/14 03/03/14 0.0625 0.0000 0.0000 0.0625
          01/17/14 01/15/14 02/03/14 0.0625 0.0000 0.0000 0.0625
          12/17/13 12/13/13 01/02/14 0.0625 0.0000 0.0000 0.0625
          11/19/13 11/15/13 12/02/13 0.0625 0.0000 0.0000 0.0625
          10/18/13 10/16/13 11/01/13 0.0625 0.0000 0.0000 0.0625
          09/17/13 09/13/13 10/01/13 0.0625 0.0000 0.0000 0.0625
          08/19/13 08/15/13 09/03/13 0.0625 0.0000 0.0000 0.0625
          07/18/13 07/16/13 08/01/13 0.0625 0.0000 0.0000 0.0625
          See all rows...

          Distributions are sourced entirely from net investment income, unless noted otherwise. If the fund estimates that a portion of its distribution may be comprised of amounts from sources other than net investment income in accordance with its policies and accounting practices, the fund will notify shareholders of the estimated composition of such distribution through a Section 19 Notice.

          Tax consequences of dividend or capital gain distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. You should not draw any conclusions about the Fund's investment performance from the amount of the fund's distributions. Trading CEFs will also generate tax consequences and transaction expenses. This information is general in nature and is not intended to constitute tax advice. Please consult your own legal or tax advisor for more detailed information on tax issues and advice as they relate to your specific situation.

          Literature

          Shares of closed-end funds (CEF) are sold in the open market through a stock exchange. Shares may only be purchased or sold through registered broker/dealers. Closed-end funds, unlike open-end funds, are typically not continuously offered.

          Closed-end fund shares are not deposits or obligations of, or guaranteed by, any bank and are not insured by the FDIC or any other agency. CEFs are subject to investment risk, including possible loss of principal amount invested. An investment in the fund may be speculative and it involves a high degree of risk. No assurance can be given that a fund will achieve its investment objective. An investment in CEFs presents a number of risks and is not appropriate for all investors. Investors should carefully review and consider potential risks before investing. Please see Main Risks section above for additional information regarding investment risks.

          Municipal income may be subject to state and local taxes. Some income may be subject to the federal alternative minimum tax for certain investors. Capital gains, if any, are taxable.

          This material is for informational purposes only and should not be considered as investment advice or a recommendation of any particular investment, strategy, or investment manager. Please consult with you own tax, legal or financial professional regarding your particular situation.

          For additional information on the fund, please refer to the fund's most recent shareholder report.

          BNY Mellon Investment Adviser, Inc., Mellon Investments Corporation (the fund's sub-adviser) and BNY Mellon Securities Corporation, a registered broker-dealer, are subsidiaries of The Bank of New York Mellon Corporation.

          MARK-149579-2020-10-23