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BNY Mellon Municipal Bond Infrastructure Fund, Inc.
mutual fund
XDMBX
Payout Change
Suspended
Price as of:
$12.36
-0.03
-0.24%
primary theme
High Yield Municipal Bond
share class
XDMBX (Mutual Fund)
BNY Mellon Municipal Bond Infrastructure Fund, Inc.
Payout Change
Suspended
Price as of:
$12.36
-0.03
-0.24%
primary theme
High Yield Municipal Bond
share class
XDMBX (Mutual Fund)
BNY Mellon Municipal Bond Infrastructure Fund, Inc.
Payout Change
Suspended
Price as of:
$12.36
-0.03
-0.24%
primary theme
High Yield Municipal Bond
share class
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.3%
1 yr return
5.2%
3 Yr Avg Return
-5.4%
5 Yr Avg Return
-3.1%
Net Assets
$299 M
Holdings in Top 10
18.5%
52 WEEK LOW AND HIGH
$12.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 11.33%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
XDMBX - Profile
Distributions
- YTD Total Return 2.3%
- 3 Yr Annualized Total Return -5.4%
- 5 Yr Annualized Total Return -3.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBNY Mellon Municipal Bond Infrastructure Fund, Inc.
-
Fund Family NameDreyfus
-
Inception DateOct 01, 2018
-
Shares Outstanding18398995
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Rabasco
Fund Description
XDMBX - Performance
Return Ranking - Trailing
| Period | XDMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -0.8% | 14.7% | 96.02% |
| 1 Yr | 5.2% | -0.1% | 17.8% | 95.52% |
| 3 Yr | -5.4%* | -8.1% | 3.4% | 93.88% |
| 5 Yr | -3.1%* | -4.8% | 3.9% | 93.33% |
| 10 Yr | N/A* | -0.5% | 155.7% | 21.21% |
* Annualized
Return Ranking - Calendar
| Period | XDMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.9% | -6.2% | 7.5% | 17.82% |
| 2022 | -20.1% | -26.9% | -3.5% | 86.43% |
| 2021 | 0.1% | -1.9% | 5.6% | 91.37% |
| 2020 | 0.3% | -4.0% | 4.2% | 59.69% |
| 2019 | 6.1% | -0.7% | 9.1% | 24.74% |
Total Return Ranking - Trailing
| Period | XDMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -0.8% | 14.7% | 96.02% |
| 1 Yr | 5.2% | -0.1% | 17.8% | 95.52% |
| 3 Yr | -5.4%* | -8.1% | 3.4% | 93.88% |
| 5 Yr | -3.1%* | -4.8% | 3.9% | 93.33% |
| 10 Yr | N/A* | -0.5% | 155.7% | 27.27% |
* Annualized
Total Return Ranking - Calendar
| Period | XDMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.9% | -4.1% | 10.9% | 88.12% |
| 2022 | -20.1% | -26.9% | 4.3% | 92.46% |
| 2021 | 0.1% | -1.9% | 10.0% | 94.92% |
| 2020 | 0.3% | -2.6% | 8.2% | 90.82% |
| 2019 | 6.9% | -0.7% | 1028633.9% | 86.32% |
NAV & Total Return History
XDMBX - Holdings
Concentration Analysis
| XDMBX | Category Low | Category High | XDMBX % Rank | |
|---|---|---|---|---|
| Net Assets | 299 M | 3.1 M | 15.6 B | 71.50% |
| Number of Holdings | 184 | 20 | 3325 | 82.41% |
| Net Assets in Top 10 | 49.9 M | -102 M | 1.96 B | 76.88% |
| Weighting of Top 10 | 18.48% | 4.6% | 98.9% | 21.61% |
Top 10 Holdings
- COUNTY OF MUSKINGUM OH 2.12%
- TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES 2.07%
- BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY 2.05%
- LONG BEACH BOND FINANCE AUTHORITY 1.96%
- SALT VERDE FINANCIAL CORP 1.85%
- TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES 1.79%
- TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES 1.72%
- PUBLIC FINANCE AUTHORITY 1.67%
- WASHINGTON HEALTH CARE FACILITIES AUTHORITY 1.67%
- TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES 1.57%
Asset Allocation
| Weighting | Return Low | Return High | XDMBX % Rank | |
|---|---|---|---|---|
| Bonds | 117.04% | 0.00% | 146.69% | 3.47% |
| Stocks | 0.00% | 0.00% | 99.72% | 76.73% |
| Preferred Stocks | 0.00% | -47.61% | 0.00% | 71.36% |
| Other | 0.00% | -5.67% | 5.07% | 69.85% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 69.35% |
| Cash | 0.00% | -0.64% | 10.86% | 89.45% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XDMBX % Rank | |
|---|---|---|---|---|
| Municipal | 100.00% | 50.68% | 100.00% | 5.03% |
| Derivative | 0.00% | -7.70% | 2.16% | 66.33% |
| Cash & Equivalents | 0.00% | 0.00% | 10.86% | 77.89% |
| Securitized | 0.00% | 0.00% | 22.44% | 69.35% |
| Corporate | 0.00% | 0.00% | 2.83% | 83.42% |
| Government | 0.00% | 0.00% | 0.09% | 69.85% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XDMBX % Rank | |
|---|---|---|---|---|
| US | 117.04% | 0.00% | 139.84% | 3.02% |
| Non US | 0.00% | 0.00% | 13.35% | 72.86% |
XDMBX - Expenses
Operational Fees
| XDMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.68% | 0.22% | 3.44% | 18.81% |
| Management Fee | 0.65% | 0.00% | 1.41% | 90.59% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.02% | 0.35% | N/A |
Sales Fees
| XDMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.50% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| XDMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| XDMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 11.33% | 2.00% | 121.00% | 9.63% |
XDMBX - Distributions
Dividend Yield Analysis
| XDMBX | Category Low | Category High | XDMBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.94% | 97.03% |
Dividend Distribution Analysis
| XDMBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| XDMBX | Category Low | Category High | XDMBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.32% | 1.11% | 5.44% | 5.94% |
Capital Gain Distribution Analysis
| XDMBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 18, 2019 | $0.053 | OrdinaryDividend |
| May 16, 2019 | $0.053 | OrdinaryDividend |
XDMBX - Fund Manager Analysis
Managers
Daniel Rabasco
Start Date
Tenure
Tenure Rank
Apr 26, 2013
9.1
9.1%
Dan is the head of municipal bonds at Mellon Investments Corp, overseeing and guiding the investment management process for the firm’s tax-exempt strategies. Previously, he was the head of trading for tax-exempt bonds, responsible for managing the municipal bond trading desk. Before joining the firm, Dan directed the municipal bond group at Fleet where he was responsible for managing mutual fund, common trust fund and high net worth client assets. Previously, he was a portfolio manager at Evergreen Investments, where he managed national and state-specific mutual funds. His other responsibilities included hospital and high yield credit analysis. Dan began his career as a municipal analyst at Liberty Insurance Company. Dan has been in the investment industry since 1987. Dan holds a BA from Boston College and an MBA from Suffolk University. Dan has served as a member of the Municipal Securities Rulemaking Board's Investor Advisory Group (2004-2008). He holds the CFA® designation and is a member of the CFA Institute.
Jeffrey Burger
Start Date
Tenure
Tenure Rank
Apr 26, 2013
9.1
9.1%
Jeffrey Burger, CFA Director, Senior Portfolio Manager Jeffrey is a senior portfolio manager for US Municipal Bond strategies. He is responsible for managing US Municipal Bond strategies for institutional, high net worth and mutual fund clients. Previously, he served as a senior analyst for the firm, specializing in land-secured and special tax bonds. Prior to joining the firm in 2009, Jeffrey worked at Columbia Management as a portfolio manager and senior research analyst and at Fitch Ratings as a senior-level analyst. He is a former chairman and member of the executive committee and board of governors for the National Federation of Municipal Analysts. He is also a former president of the Boston Municipal Analysts Forum. Jeffrey has been in the investment industry since 1998. Jeffrey earned an MPA from the Maxwell School of Citizenship and Public Affairs at Syracuse University and a BA degree, cum laude, in policy studies and public relations from Syracuse University. He holds the CFA® designation and is a member of the CFA Institute.
Thomas Casey
Start Date
Tenure
Tenure Rank
Apr 26, 2013
9.1
9.1%
Thomas C. Casey Director, Senior Portfolio Manager Tom is a senior portfolio manager for US Municipal Bond strategies. He is responsible for managing US Municipal Bond portfolios for institutional, insurance and high net worth clients. Previously, Tom worked as a trader and a portfolio analyst on the US Municipal team. Prior to joining the firm in 1993, Tom worked as an analyst at State Street Bank & Trust Company. Tom has been in the investment industry since 1988. Tom earned an MBA and a BA from Boston College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 21.43 | 7.58 | 2.52 |
