BNY Mellon Municipal Bond Infrastructure Fund Declares Dividend, Payable on 1 October 2020
September 03, 2020 at 10:24 am EDT
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BNY Mellon Municipal Bond Infrastructure Fund Inc. declared a distribution of USD 0.0530 per share of common stock, unchanged from the previous distribution. With an ex-dividend date of 17 September 2020, the distribution will be paid on 1 October 2020 to shareholders of record at the close of business on 18 September 2020.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek to provide as high a level of current income exempt from regular federal income tax as is consistent with the preservation of capital. The Fund seeks to achieve its investment objective by investing in municipal bonds. Under normal circumstances, the Fund invests at least 80% of its managed assets in municipal bonds issued to finance infrastructure sectors and projects in the United States. Infrastructure sectors and projects include transportation, energy and utilities, social infrastructure, water and environment, and other similar public sectors and projects that support or facilitate the development or improvement of economic, health, and cultural and social standards in the United States. BNY Mellon Investment Adviser, Inc. serves as the Fund's investment advisor. Insight North America, LLC is its sub adviser.
BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND, INC. 
