Sit Investment Associates Inc. Buys Shares of 253,324 BNY Mellon Municipal Bond Infrastructure Fund, Inc. $DMB

Posted by George Bondi on Jun 20th, 2026

Sit Investment Associates Inc. purchased a new stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 253,324 shares of the company’s stock, valued at approximately $2,784,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Riverbridge Partners LLC grew its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 65.3% during the fourth quarter. Riverbridge Partners LLC now owns 284,913 shares of the company’s stock worth $3,131,000 after purchasing an additional 112,566 shares during the period. Bulldog Investors LLP boosted its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 91.7% during the third quarter. Bulldog Investors LLP now owns 331,979 shares of the company’s stock worth $3,552,000 after buying an additional 158,768 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 91.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 150,878 shares of the company’s stock worth $1,658,000 after buying an additional 71,874 shares during the last quarter. Triumph Capital Management bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund in the 3rd quarter valued at about $78,000. Finally, Almitas Capital LLC increased its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 19.5% in the 3rd quarter. Almitas Capital LLC now owns 119,431 shares of the company’s stock valued at $1,278,000 after acquiring an additional 19,483 shares during the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Trading Down 0.0%

Shares of NYSE:DMB opened at $10.97 on Friday. The firm’s 50 day simple moving average is $10.92 and its 200 day simple moving average is $10.90. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a fifty-two week low of $9.85 and a fifty-two week high of $11.28.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 16th will be paid a $0.05 dividend. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Tuesday, June 16th.

BNY Mellon Municipal Bond Infrastructure Fund Profile

(Free Report)

BNY Mellon Municipal Bond Infrastructure Fund (NYSE: DMB) is a closed-end management investment company that primarily seeks to provide a high level of current income exempt from regular U.S. federal income tax. Trading on the New York Stock Exchange, the Fund offers investors exposure to a diversified portfolio of municipal securities financing public-purpose infrastructure projects.

The Fund generally invests at least 50% of its assets in investment-grade, tax-exempt bonds issued to support infrastructure initiatives such as transportation, water and sewer systems, public power, education facilities and other civic projects.