BNY Mellon Municipal Bond Infrastructure Fund (DMB) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $10.65 to $10.83
• 50-Day Range: $10.60 to $11.25
• 52-Week Range: $9.63 to $11.27
• Volume: 226,781 shs
• Average Volume: 67,296 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 3.32%
• Price Target: N/A
• Consensus Rating: N/A

DMB Stock Analysis - Frequently Asked Questions

How have DMB shares performed this year?

BNY Mellon Municipal Bond Infrastructure Fund's stock was trading at $10.31 on January 1st, 2024. Since then, DMB stock has increased by 4.6% and is now trading at $10.78.
View the best growth stocks for 2024 here.

Who are BNY Mellon Municipal Bond Infrastructure Fund's major shareholders?

BNY Mellon Municipal Bond Infrastructure Fund's top institutional shareholders include Rivernorth Capital Management LLC, Allspring Global Investments Holdings LLC, Hennion & Walsh Asset Management Inc. and Pathstone Holdings LLC.
View institutional ownership trends.

How do I buy shares of BNY Mellon Municipal Bond Infrastructure Fund?

Shares of DMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of BNY Mellon Municipal Bond Infrastructure Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BNY Mellon Municipal Bond Infrastructure Fund investors own include AT&T (T), AbbVie (ABBV), Ares Capital (ARCC), Chevron (CVX), International Business Machines (IBM), Rio Tinto Group (RIO) and Verizon Communications (VZ).

Company Calendar

• Ex-Dividend for 11/1 Dividend: 10/18/2024
• Dividend Payable: 11/01/2024
• Ex-Dividend for 12/2 Dividend: 11/20/2024
• Today: 11/21/2024
• Dividend Payable: 12/02/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: NYSE:DMB
• CUSIP: N/A
• CIK: 1565381
• Web: im.bnymellon.com
• Phone: (212) 922-6400
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $19.82 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A