BNY Mellon Municipal Bond Infrastructure Fund, Inc. Declares Distribution and Announces Reduction in Monthly Distribution Amount, Payable on December 1, 2022
October 26, 2022 at 02:57 pm EDT
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BNY Mellon Municipal Bond Infrastructure Fund, Inc. announced a monthly cash distribution of $0.04 per share of common stock, payable on December 1, 2022 to shareholders of record on November 10, 2022 with an ex-dividend date of November 9, 2022. The $0.04 per share investment income dividend represents a decrease of $0.013 from the previously declared monthly net investment income dividend of $0.053 per share.
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. Declares Distribution and Announces Reduction in Monthly Distribution Amount, Payable on December 1, 2022
BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND, INC. 
