BNY Mellon Municipal Bond Infrastructure FundNYSE: DMB

NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on September 3, 2024 to shareholders of record at the close of business on August 19, 2024. The ex-dividend date is August 19, 2024. The previous distribution announced in July was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its proj.

NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on August 1, 2024 to shareholders of record at the close of business on July 18, 2024. The ex-dividend date is July 18, 2024. The previous distribution announced in June was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected p.

NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on July 1, 2024 to shareholders of record at the close of business on June 20, 2024. The ex-dividend date is June 20, 2024. The previous distribution announced in May was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected perf.

Municipal CEFs are experiencing wide discounts, making them a speculative opportunity with potential for superior returns. We examine BNY Mellon Municipal Bond Infrastructure Fund, Inc. and see whether you can get a bang for your buck. There are certain positives for sure, and the DMB fund is one of the better CEFs in this category over the last decade.

The BNY Mellon Municipal Bond Infrastructure Fund, Inc. offers a tax-free yield of 3.57%, which is not attractive compared to other fixed-income options. The DMB closed-end fund's performance has been disappointing, with a decline of 28.46% over the past three years. The DMB fund failed to cover its distributions during the most recent period, but it has cut the payout since that time.

BNY Mellon Municipal Bond Infrastructure Fund focuses on regional government bonds related to infrastructure projects. The fund's distributions are tax-advantaged and relatively safe. The fund's distribution yield is held back by its high expense ratio, which affects its overall attractiveness as an investment.

When you earn a lot of income as a professional income investor, it's nice to have some portfolio holdings that pay no federal tax. You're able to help the nation grow and be strong, all while receiving excellent income. Retirement should be a time of ease and relaxation, not dealing with complicated projects and reading.

Who doesn't love paying less taxes? Now you can earn excellent income and don't have to pay any taxes on it whatsoever. If you love buying things that are at a discount, you'll love buying this on a double discount. Fund American's infrastructure and America funds your retirement.

BNY Mellon Municipal Bond Infrastructure Fund primarily invests in tax-exempt investment grade debt obligations in sectors like transportation, energy, and utilities. The Debt Ceiling bill maintains infrastructure and green-energy laws, benefiting states and municipalities with federal funding for projects. DMB is compared against three other BNY Mellon-managed municipal bond CEFs: BNY Mellon Municipal Income, BNY Mellon Strategic Municipal Bond, and BNY Mellon Strategic Municipals.