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BNY Mellon Municipal Bond Infrastructure Fund (DMB)

National Muni Bond Funds - Muni High Yield

Data as of June 14, 2024
Market Price $10.50 (+ $0.03)
NAV (June 14, 2024) $12.15 (+ $0.03)
Fund Listed NYSE
Premium / Discount -13.58% (+0.03%)
Fund Info
Inception April 29, 2013
Sponsor BNY Mellon Investment Adviser
Website https://im.bnymellon.c...
Phone 1-800-373-9387
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: High level of current income exempt from regular Federal income tax through investing in US infrastructure municipal bonds.
Related Indexes
High Yield Municipal Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 18,405,973
Total Assets (Reported: Jan. 31, 2024) $326M
Estimated Total Assets $327M
Net Assets $224M
Market Cap $193M
Portfolio Turnover 34.36%
Total Leverage 31.59%
Structural Leverage (out of total) 75.09%
Portfolio Leverage (out of total) 24.91%
Expense Ratio 3.52%
Non Lev Exp Ratio 1.16%
Rel Lev Cost 5.07%
Discount Data
Average Discount (3 Yr) -5.28%
Discount Low(3 Yr) -15.34%
Discount High(3 Yr) 15.84%
Discount Rel Range (3 Yr) 5.64%
Comp Discount -4.93
Discount St Dev (1Yr) 3.40
Z-Stat (6mo) 1.87
Z-Stat (1Yr) -0.49
Z-Stat (3Yr) -1.10
Comp Z-Stat (6mo) 0.90
Comp Z-Stat (3Yr) -0.75
Distribution Data
Market Yield 3.43%
Income Yield 3.43%
Lev Adj NAV Yield 2.25%
Distribution Frequency M
Current Distribution $0.030
Current Income $0.030
Ex-Date 6/20/24
Payable Date 7/1/24
Div Growth (3yr) -43.40%
Dividend Change -25.0% on 10/25/23
Expected Div 7/2/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2019
Income 0%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 0%
Volume & Liquidity
Average Daily $ (K) $737
Avg Volume 30 day 93,567
Avg Volume 90 day 70,237
Volume Trend 33.22%
Comp Volume Trend 34.19%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
Most Correlated Peer (Mk Pr): NZF 85.0%
NAV - Price Correlation (30 d) 94.5%
NAV - Price Correlation (90 d) 92.0%
NAV - Price Correlation (1 Yr) 57.6%
Price St Dev (1Yr) 12.7%
NAV St Dev (1Yr) 7.4%
Earnings / Share (2/29/24) $0.035
Earn Coverage 116.00%
Earnings Trend Down
UNII / Share (2/29/24) $0.047
Rel UNII 13.08
UNII Trend Down
Bond Specific Data
Maturity 19.74
Duration 7.86
Credit Rating (rbo) A
Investment Grade 75.19%
Non Investment Grade 10.73%
Unrated Bonds 14.09%
Average Bond Price 114.28
Discount vs Price 0.70
Coupon 5.01%
Zero Coupon 0.97%
AMT 0.00%
AMT Yield 3.43%
Bond Calls Risk 1.28%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index


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