BNY Mellon Municipal Bond Infrastructure Fund, Inc.

# BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)

Headquartered in New York, this closed-end fixed income fund is launched and managed by BNY Mellon Investment Adviser, Inc. The fund invests exclusively in tax-exempt municipal bonds issued by U.S. states, territories, and their political subdivisions. Its portfolio focuses specifically on infrastructure-related municipal debt across transportation, energy, utilities, water, environmental, and social infrastructure sectors. All holdings must carry investment-grade ratings of BBB- or higher from S&P and Fitch, or Baa3 and above from Moody's, with an effective duration capped at 14 years.

The fund employs a bottom-up, fundamental and quantitative security selection approach designed to identify pricing inefficiencies in the municipal bond market. Portfolio managers actively rotate across infrastructure subsectors and maturities based on relative value assessments, prevailing interest rates, economic conditions, and market structure factors including offering size and issuer characteristics. The fund was incorporated in Maryland in 2013 and operates as a publicly traded investment company on the New York Stock Exchange.

As a closed-end fund with approximately $200 million in market capitalization, the vehicle serves as a specialized income-generating investment vehicle focused on a defined municipal bond segment rather than operating as a traditional operating company with employees or revenue streams.