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NYSE:DMB

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

BNY Mellon Municipal Bond Infrastructure Fund logo
$10.34 +0.06 (+0.58%)
(As of 12/20/2024 04:32 PM ET)

About BNY Mellon Municipal Bond Infrastructure Fund Stock (NYSE:DMB)

Key Stats

Today's Range
$10.26
$10.35
50-Day Range
$10.28
$11.07
52-Week Range
$9.93
$11.27
Volume
190,330 shs
Average Volume
68,564 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
3.48%
Price Target
N/A
Consensus Rating
N/A

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.

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DMB Stock News Headlines

BNY Mellon Floating Rate Income Fund Q2 2024 Commentary
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DMB Stock Analysis - Frequently Asked Questions

BNY Mellon Municipal Bond Infrastructure Fund's stock was trading at $10.31 at the beginning of the year. Since then, DMB stock has increased by 0.3% and is now trading at $10.34.
View the best growth stocks for 2024 here
.

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

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.
Compare Top Brokerages Here.

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 12/2 Dividend
11/20/2024
Dividend Payable
12/02/2024
Ex-Dividend for 1/2 Dividend
12/18/2024
Today
12/21/2024
Dividend Payable
1/02/2025

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$19.82 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (NYSE:DMB) was last updated on 12/21/2024 by MarketBeat.com Staff
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