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BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
EntSun News/11001592
NEW YORK ~ BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) announced a distribution of $0.0400 per share of common stock, payable on November 1, 2023 to shareholders of record at the close of business on October 19, 2023. The ex-dividend date is October 18, 2023. This follows the previous distribution announced in September which was also $0.0400 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 performance. However, the rate of distributions and the Fund's distribution policy may change depending on market conditions and portfolio performance.
BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management which has $1.9 trillion in assets under management as of June 30, 2023. BNY Mellon Investment Management provides clients with specialist expertise from seven investment firms offering solutions across every major asset class backed by the strength and global presence of BNY Mellon which has $46.9 trillion in assets under custody and/or administration as of June 30, 2023.
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Closed-end funds are traded on the secondary market through one of the stock exchanges and their investment returns and principal values will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio and there is no assurance that the Fund will achieve its investment objective.
For press inquiries contact Sue Watt at (212) 815-3757 or for other inquiries contact The National Marketing Desk at 1-800-334-6899 or visit www.bnymellonim.com for additional information about BNY Mellon Investment Management or www.bnymellon.com for information about BNY Mellon Corporation
The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. However, the rate of distributions and the Fund's distribution policy may change depending on market conditions and portfolio performance.
BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management which has $1.9 trillion in assets under management as of June 30, 2023. BNY Mellon Investment Management provides clients with specialist expertise from seven investment firms offering solutions across every major asset class backed by the strength and global presence of BNY Mellon which has $46.9 trillion in assets under custody and/or administration as of June 30, 2023.
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Closed-end funds are traded on the secondary market through one of the stock exchanges and their investment returns and principal values will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio and there is no assurance that the Fund will achieve its investment objective.
For press inquiries contact Sue Watt at (212) 815-3757 or for other inquiries contact The National Marketing Desk at 1-800-334-6899 or visit www.bnymellonim.com for additional information about BNY Mellon Investment Management or www.bnymellon.com for information about BNY Mellon Corporation
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