BNY Mellon Municipal Bond Infrastructure Fund, Inc. Reports Earnings Results for the Full Year Ended February 29, 2024
April 23, 2024 at 04:18 pm EDT
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BNY Mellon Municipal Bond Infrastructure Fund, Inc. reported earnings results for the full year ended February 29, 2024. For the full year, the company reported net income was USD 14.76 million.
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. 